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

HNT

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0067%/8h= −7.4% APRnext payment $0.67 per $10,000 · paid last 24h −0.002%
Price spread now: Variational Omni against Bybit−0.035%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 fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Variational Omni is 0.035% cheaper against Bybit than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit HNTUSDT0.47020.0100pay 0.0100% / 8h1m 46s$2.2M$2.4M13x
ShortVariational Omni HNT0.47000.0033get 0.0033% / 8h1m 46s$20K$14K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Bybit. 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
−$14.16
Price spread: −0.035% → 0.000%
−$3.48
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$28.64
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 5 min ago; Variational Omni: 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 Bybit live order book, 5 min ago3.19 bp52.5 bp −$52doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni no order-book sample
Variational Omni: 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
Variational Omni HNTshort+0.0033%8h0.4700−0.035%$20K$14K
Injective HNT/USDC PERP+0.0033%1h0.4650−1.106%$2K$17K5.5xas long as short
Bybit HNTUSDTlong+0.0100%8h0.4702long leg$2.2M$2.4M13x
Gate HNT_USDT+0.0100%8h0.4710+0.170%$293K$107K25xas long as short
MEXC HNT_USDT+0.0100%8h0.4705+0.064%$10.8M$889K100xas long as short
BloFin HNT-USDT+0.0220%8h0.4703+0.021%$151K12xas long as short