Settings8H · net · $10k
Funding arb · Price arb /

HNT

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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0187%/8h= −20.4% APRpaid last 24h −0.056%
Price spread now: Injective against BloFin−0.937%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Injective is 0.937% cheaper against BloFin than usual: you would sell low and buy high (−$94 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin HNT-USDT0.46940.0220pay 0.0220% / 8h1h 34m$150K12x
ShortInjective HNT/USDC PERP0.46500.0033get 0.0004% / 1h34m 50s$2K$17K5.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against BloFin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$39.2
Price spread: −0.937% → 0.000%
−$93.74
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$144.96
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 40 min ago; Injective: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 40 min ago6.21 bp49.8 bp −$50doesn't fitdoesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

HNT on 6 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective HNT/USDC PERPshort+0.0033%1h0.4650−0.937%$2K$17K5.5x
Bybit HNTUSDT+0.0100%8h0.4715+0.447%$2.2M$2.4M13xas long as short
Gate HNT_USDT+0.0100%8h0.4714+0.426%$292K$106K25xas long as short
MEXC HNT_USDT+0.0100%8h0.4712+0.383%$10.8M$886K100xas long as short
Variational Omni HNT+0.0100%8h0.4753+1.250%$20K$14Kas long as short
BloFin HNT-USDTlong+0.0220%8h0.4694long leg$150K12x