Funding you earn now, next payment 16:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against MEXC−0.042%7-day average −0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$131as in the Price arb table
costs, in and out, $10k−$1331.330% of the position
Funding, last 7 days+0.159%+$16 on $10k
+Price spread, last 4 days (all we have)+0.527%+$53 · spread now −0.042%, 7d avg −0.060%
=The price spread sits at its 7-day average of −0.060%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC HNT_USDT | 0.4749 | 0.0100 | pay 0.0100% / 8h | 7h 44m | $10.9M | $873K | 100x |
| Short | BloFin HNT-USDT | 0.4747 | 0.0220 | get 0.0220% / 8h | 7h 44m | — | $155K | 12x |
MEXC HNT_USDT
BloFin HNT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against MEXC. 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: −0.042% → −0.060%
- $1.77
- Slippage, 4 orders
- −$120.98
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$106.01
- Costs to cover
- 1.330%
- Break-even
- 36.4 days
Slippage from MEXC: live order book, 4 min ago; BloFin: live order book, 20 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 MEXC live order book, 4 min ago | 2.10 bp | 25.2 bp −$25 | 96.3 bp −$963 | 421.0 bp −$42.1K | doesn't fit |
| Sell BloFin live order book, 20 min ago | 3.19 bp | 45.4 bp −$45 | 96.9 bp −$969 | 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 | −2.085% | $2K | $17K | 5.5x | as long as short |
| Variational Omni HNT | +0.0040% | 8h | 0.4745 | −0.090% | $20K | $14K | — | as long as short |
| Bybit HNTUSDT | +0.0100% | 8h | 0.4748 | −0.021% | $2.2M | $2.4M | 13x | as long as short |
| Gate HNT_USDT | +0.0100% | 8h | 0.4761 | +0.253% | $297K | $99K | 25x | as long as short |
| MEXC HNT_USDTlong | +0.0100% | 8h | 0.4749 | long leg | $10.9M | $873K | 100x | |
| BloFin HNT-USDTshort | +0.0220% | 8h | 0.4747 | −0.042% | — | $155K | 12x |
Injective HNT/USDC PERP
Variational Omni HNT
Bybit HNTUSDT
Gate HNT_USDT