The ratio of feedback to input resistors is 100:1 so the hysteresis will be roughly 1/100th the output voltage swing.
That is limited to less than 0.6V, the difference between output "low" state voltage and output off voltage, when Q1 base-emitter voltage limits the high level.
At a guess, around 0.5V swing.
1/100th that is about 5mV
U1B is used as an oscillator, creating a continuous sawtooth waveform.
U1A switching duty cycle will depend on the voltage from the thermocouple amp; as that varies, U1A will switch at that level of the sawtooth, varying the on-off duty cycle.
The hysteresis level is tiny in comparison to the sawtooth voltage, just enough to give clean switching and prevent oscillation.