Funding you earn now, next payment 07:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.020%
Price spread now: MEXC against Injective+1.355%55s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and MEXC is 1.355% dearer against Injective than usual: you sell high and buy low: +$135 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective HNT/USDC PERP | 0.4650 | 0.0033 | pay 0.0004% / 1h | 34m 24s | $2K | $17K | 5.5x |
| Short | MEXC HNT_USDT | 0.4713 | 0.0100 | get 0.0100% / 8h | 1h 34m | $10.9M | $886K | 100x |
Injective HNT/USDC PERP
MEXC HNT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Injective. 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
- $14
- Price spread: +1.355% → 0.000%
- $135.48
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $149.46
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; MEXC: live order book, 4 min ago. Net counts fees only.
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 Injective no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 4 min ago | 9.49 bp | 41.3 bp −$41 | 95.5 bp −$955 | 473.0 bp −$47.3K | doesn't fit |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective HNT/USDC PERPlong | +0.0033% | 1h | 0.4650 | long leg | $2K | $17K | 5.5x | |
| Bybit HNTUSDT | +0.0100% | 8h | 0.4722 | +1.548% | $2.3M | $2.4M | 13x | as long as short |
| Gate HNT_USDT | +0.0100% | 8h | 0.4718 | +1.462% | $293K | $106K | 25x | as long as short |
| MEXC HNT_USDTshort | +0.0100% | 8h | 0.4713 | +1.355% | $10.9M | $886K | 100x | |
| Variational Omni HNT | +0.0100% | 8h | 0.4753 | +2.208% | $20K | $14K | — | as long as short |
| BloFin HNT-USDT | +0.0220% | 8h | 0.4694 | +0.946% | — | $150K | 12x | as long as short |
Bybit HNTUSDT
Gate HNT_USDT
Variational Omni HNT
BloFin HNT-USDT