Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against Bybit−0.445%7-day average +0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$207as in the Funding arb table
Net, price: spread back to 7d avg − costs−$268as in the Price arb table
costs, in and out, $10k−$2222.216% of the position
Funding, last 7 days+0.146%+$15 on $10k
+Price spread, last 4 days (all we have)+0.437%+$44 · spread now −0.445%, 7d avg +0.014%
=Funding pays, the price is against you. BloFin is 0.459% cheaper against Bybit than usual: you would sell low and buy high (spread −0.445% now, against its 7-day average of +0.014%). If the spread goes back, that is −$46 on $10k: about 13 days of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit HNTUSDT | 0.4715 | 0.0100 | pay 0.0100% / 8h | 1h 34m | $2.2M | $2.4M | 13x |
| Short | BloFin HNT-USDT | 0.4694 | 0.0220 | get 0.0220% / 8h | 1h 34m | — | $150K | 12x |
Bybit HNTUSDT
BloFin HNT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bybit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $25.2
- Price spread: −0.445% → +0.014%
- −$45.95
- Slippage, 4 orders
- −$198.59
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$242.34
- Costs to cover
- 2.216%
- Break-even
- 74.3 days
Slippage from Bybit: live order book, 2 min ago; BloFin: live order book, 40 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 2 min ago | 4.21 bp | 59.3 bp −$59 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 40 min ago | 6.21 bp | 53.8 bp −$54 | 154.1 bp −$1,541 | doesn't fit | doesn't fit |
HNT on 6 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective HNT/USDC PERP | +0.0033% | 1h | 0.4650 | −1.379% | $2K | $17K | 5.5x | as long as short |
| Bybit HNTUSDTlong | +0.0100% | 8h | 0.4715 | long leg | $2.2M | $2.4M | 13x | |
| Gate HNT_USDT | +0.0100% | 8h | 0.4714 | −0.021% | $292K | $106K | 25x | as long as short |
| MEXC HNT_USDT | +0.0100% | 8h | 0.4712 | −0.064% | $10.8M | $886K | 100x | as long as short |
| Variational Omni HNT | +0.0100% | 8h | 0.4753 | +0.799% | $20K | $14K | — | as long as short |
| BloFin HNT-USDTshort | +0.0220% | 8h | 0.4694 | −0.445% | — | $150K | 12x |
Injective HNT/USDC PERP
Gate HNT_USDT
MEXC HNT_USDT
Variational Omni HNT