Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against MEXC−0.168%7-day average −0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$172as in the Funding arb table
Net, price: spread back to 7d avg − costs−$185as in the Price arb table
costs, in and out, $10k−$1721.725% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days+0.164%+$16 · spread now −0.168%, 7d avg −0.040%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.127% cheaper against MEXC than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of −0.040%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC HNT_USDT | 0.4775 | 0.0100 | pay 0.0100% / 8h | 41m 04s | $11.0M | $885K | 100x |
| Short | Bybit HNTUSDT | 0.4767 | 0.0100 | get 0.0100% / 8h | 41m 04s | $2.3M | $2.4M | 13x |
MEXC HNT_USDT
Bybit HNTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0
- Price spread: −0.168% → −0.040%
- −$12.71
- Slippage, 4 orders
- −$161.46
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$185.16
- Costs to cover
- 1.725%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; Bybit: live order book, 1 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, 2 min ago | 2.10 bp | 25.5 bp −$25 | 85.3 bp −$853 | 351.6 bp −$35.2K | doesn't fit |
| Sell Bybit live order book, 1 min ago | 3.15 bp | 56.8 bp −$57 | 190.6 bp −$1,906 | 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 | −2.618% | $2K | $17K | 5.5x | as long as short |
| Variational Omni HNT | +0.0064% | 8h | 0.4762 | −0.271% | $21K | $14K | — | as long as short |
| Bybit HNTUSDTshort | +0.0100% | 8h | 0.4767 | −0.168% | $2.3M | $2.4M | 13x | |
| Gate HNT_USDT | +0.0100% | 8h | 0.4783 | +0.168% | $299K | $106K | 25x | as long as short |
| MEXC HNT_USDTlong | +0.0100% | 8h | 0.4775 | long leg | $11.0M | $885K | 100x | |
| BloFin HNT-USDT | +0.0220% | 8h | 0.4775 | 0.000% | — | $153K | 12x | as long as short |
Injective HNT/USDC PERP
Variational Omni HNT
Gate HNT_USDT
BloFin HNT-USDT