ArbiLayer

HNT arbitrage

live

Live Helium price differences between exchanges: perpetual, spot and DEX spreads after fees, with funding and depth.

Best net spread+0.05%Bybit → KuCoin · Spot–Spot
Best perp–perp spread-0.02%Bybit → MEXC
Markets tracked96 venues · 4 perp · 5 spot · 0 DEX
Price range0.51%$0.5219 – $0.5245

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Bybit logoBybit$0.5219MEXC logoMEXC$0.5218 -0.02%-0.18% -0.02%— 0.000%— LS Chart →
MEXC logoMEXC$0.5219Bybit logoBybit$0.5218 -0.02%-0.18% -0.02%— 0.000%— LS Chart →
Bybit logoBybit$0.5219Variational logoVariational$0.5217 -0.04%-0.20% -0.04%— -0.000%— LS Chart →
MEXC logoMEXC$0.5219Variational logoVariational$0.5217 -0.04%-0.20% -0.04%— -0.000%— LS Chart →
Bybit logoBybit$0.5219Gate logoGate$0.521 -0.17%-0.33% -0.17%— 0.000%— LS Chart →
MEXC logoMEXC$0.5219Gate logoGate$0.521 -0.17%-0.33% -0.17%— 0.000%— LS Chart →
Gate logoGate$0.5229Bybit logoBybit$0.5218 -0.21%-0.37% -0.21%— 0.000%— LS Chart →
Gate logoGate$0.5229MEXC logoMEXC$0.5218 -0.21%-0.37% -0.21%— 0.000%— LS Chart →
Gate logoGate$0.5229Variational logoVariational$0.5217 -0.23%-0.39% -0.23%— -0.000%— LS Chart →
Variational logoVariational$0.5232Bybit logoBybit$0.5218 -0.27%-0.43% -0.27%— +0.000%— LS Chart →
Variational logoVariational$0.5232MEXC logoMEXC$0.5218 -0.27%-0.43% -0.27%— +0.000%— LS Chart →
Variational logoVariational$0.5232Gate logoGate$0.521 -0.42%-0.58% -0.42%— +0.000%— LS Chart →
Long = where you buy, Short = where you sell. Net subtracts a two-leg taker fee model; Spread+F adds the next funding payment.Updates every 15 seconds. Not investment advice.

HNT price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
Bybit logoBybitPerpetual · HNTUSDTPerpetual $0.5218$0.5219$0.5219-0.12% +0.030%$1.56M
MEXC logoMEXCPerpetual · HNT_USDTPerpetual $0.5218$0.5219$0.5219-0.12% +0.030%$1.05M
Bybit logoBybitSpot · HNTUSDTSpot $0.5223$0.5227$0.52250.00% —$1.01M
Gate logoGatePerpetual · HNT_USDTPerpetual $0.521$0.5229$0.522-0.11% +0.030%$977.8K
Gate logoGateSpot · HNT_USDTSpot $0.5227$0.5232$0.523+0.09% —$283.0K
KuCoin logoKuCoinSpot · HNT-USDTSpot $0.524$0.525$0.5245+0.38% —$224.8K
Bitget logoBitgetSpot · HNTUSDTSpot $0.5223$0.5233$0.5228+0.06% —$115.3K
Variational logoVariationalPerpetual · HNTPerpetual $0.5217$0.5232$0.5225-0.01% +0.030%$423
MEXC logoMEXCSpot · HNTUSDTSpot $0.5217$0.5237$0.5227+0.04% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

HNT arbitrage explained

Right now Helium (HNT) trades on 6 venues we scan: 4 perpetual markets, 5 spot markets and 0 DEX pools. The lowest ask is on Bybit perp at $0.5219 and the highest bid on KuCoin spot at $0.524.

The widest HNT perpetual spread is between Bybit and MEXC: long HNT on Bybit at $0.5219 and short on MEXC at $0.5218 for -0.02% gross, or -0.18% after the 0.16% two-leg fee model. No transfer is needed: both positions stay on their exchanges until the prices converge. The funding difference on this pair is 0.000% per day, which the position collects while it is open.

For a spot–perpetual (cash-and-carry) trade, the best HNT route is to buy spot on Bybit and short the perpetual on Bybit: -0.17% gross, -0.37% net, with +0.030% a day of funding on the short leg.

Spot–spot HNT arbitrage (buy on Bybit, withdraw, deposit and sell on KuCoin) shows +0.25% gross right now. It only works if withdrawals on the buying exchange and deposits on the selling exchange are open, so check the D/W dots before moving coins.

Small HNT gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.

Related: HNT funding rates · HNT spread charts · Helium price · arbitrage scanner for all coins.

Is there a HNT arbitrage opportunity right now?

The best HNT route right now is to buy on Bybit spot → sell on KuCoin spot (Spot–Spot): +0.25% gross and +0.05% after fees. It is positive after the fee model, but check depth and funding before trading.

Which exchange has the cheapest HNT?

Bybit (perp) has the lowest HNT ask at $0.5219, and KuCoin (spot) the highest bid at $0.524. Prices update every 15 seconds on this page.

How many exchanges list HNT?

ArbiLayer tracks 9 HNT markets on 6 venues: 4 perpetual, 5 spot and 0 DEX pools.

How do I arbitrage HNT without transferring coins?

Use two perpetual contracts: go long HNT on the cheaper exchange (Bybit now) and short it on the more expensive one (MEXC), then close both legs when the spread converges. The coins never move between exchanges.

Arbitrage for other coins