HNT funding rates and arbitrage

HNT perpetuals trade on 5 contracts across 5 venues, forming 10 cross-venue arbitrage pairs. By net APR the current best pair is long Bybit against short Coinbase, netting +56.50%, though note the legs settle on different cadences (8h / 1h)ใ€‚

HNT perpetual funding rates by venue

APR = current rate ร— (24 รท settlement interval) ร— 365. Venues settle on different cadences, so rates must be annualised before comparing.

VenueContractMarginSettlementCurrent rateAPR24h avg APR24h volumeMark
BybitHNTUSDTUSDT8h0.0100%+10.95%+10.95%$1.4M0.40160
LBankHNTUSDTUSDT8h0.0100%+10.95%+10.95%$886K0.40200
MEXCHNT_USDTUSDT8h0.0100%+10.95%+10.95%$358K0.40170
GateHNT_USDTUSDT8h0.0100%+10.95%+10.67%$22K0.40230
CoinbaseHNT-PERPUSDC1h0.0077%+67.45%+67.45%$01.415

HNT cross-venue arbitrage pairs

Short the higher-APR leg and go long the lower one; net APR = short leg โˆ’ long leg.

LongShortNet APRDaily24h avgSettlementLiquidity
Bybit USDTCoinbase USDC+56.50%0.1548%+56.50%8h / 1h$0
Gate USDTCoinbase USDC+56.50%0.1548%+56.78%8h / 1h$0
LBank USDTCoinbase USDC+56.50%0.1548%+56.50%8h / 1h$0
MEXC USDTCoinbase USDC+56.50%0.1548%+56.50%8h / 1h$0
Bybit USDTGate USDT0.00%0.0000%-0.28%8h matched$22K
Bybit USDTLBank USDT0.00%0.0000%-0.00%8h matched$886K
Bybit USDTMEXC USDT0.00%0.0000%-0.00%8h matched$358K
Gate USDTLBank USDT0.00%0.0000%+0.28%8h matched$22K
Gate USDTMEXC USDT0.00%0.0000%+0.28%8h matched$22K
LBank USDTMEXC USDT0.00%0.0000%0.00%8h matched$358K

Helium project profile

Key facts
Total
196.40M
Max supply
223.00M
Type
Token
Market cap rank
#319
CommunicationInternet of Things (IOT)Smart Contract PlatformSolana EcosystemDePINMulticoin Capital PortfolioProof of Stake (PoS)Alameda Research Portfolio
Contract addresses
solanahntyVP6YFm1Hg25TN9WGLqM12b8TQmcknKrdu1oxWux
About

Helium is a decentralized machine network powered by a physical blockchain. The network is created by gateways who also double as miners on our network. These gateway operators can earn tokens based on coverage they provide as well as transaction fees gained from machines connecting to their gateway Helium is a new cryptocurrency. Hotspots earn for providing and validating wireless coverage and when devices on the network connect to the internet through Hospots Helium is mined and distributed to Hotspot Owners, Helium Inc, and investors. There is no pre-mine of Helium, and every month approximately 5,000,000 new Helium are minted. At the end of each mining period, roughly every 30 to 60 mins, Helium is distributed according to the allocation shown:

Reference data from CoinGecko, independent of the rate data on this site. We do not verify or endorse what these links contain.

Funding rates for other coins

Snapshot taken 2026-10-19 16:06 UTC; the page regenerates every minute. For live data, history charts and filters, open the live dashboard, or browse All coins.