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

HNT

all HNT markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h −0.012%
Price spread now: Injective against Variational Omni−1.328%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
Funding pays, the price is against you. Injective is 1.328% cheaper against Variational Omni than usual: you would sell low and buy high (spread −1.328% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$133 on $10k: about 2 months of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni HNT0.4713−0.0034get 0.0034% / 8h7h 23m$20K$14K
ShortInjective HNT/USDC PERP0.46500.0033get 0.0004% / 1h23m 05s$2K$17K5.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Variational Omni. 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
$14.06
Price spread: −1.328% → 0.000%
−$132.8
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$118.75
Costs to cover
0.000%
Break-even
66.1 days
Slippage unknown: Variational Omni: no order-book sample; Injective: 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 Variational Omni no order-book sample
Sell Injective no order-book sample
Variational Omni and 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC HNT_USDT−0.0209%8h0.4730+0.370%$10.9M$875K100xas long as short
Bybit HNTUSDT−0.0171%8h0.4732+0.412%$2.2M$2.4M13xas long as short
BloFin HNT-USDT−0.0148%8h0.4730+0.370%$154K12xas long as short
Variational Omni HNTlong−0.0034%8h0.4713long leg$20K$14K
Injective HNT/USDC PERPshort+0.0033%1h0.4650−1.328%$2K$17K5.5x
Gate HNT_USDT+0.0100%8h0.4741+0.603%$296K$99K25xas long as short