Funding arb · Price arb /

HMSTR

all HMSTR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Binance against ApeX Omni−0.225%109s7-day average −0.005% · you buy dearer than you sell

Net, funding: paid 7d − costs−$101as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$990.986% of the position

Long on ApeX Omni Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.019%−$2 on $10k

Price spread, last 4 days (all we have)+0.179%+$18 · spread now −0.225%, 7d avg −0.005%

Together, before fees+0.160%+$16 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.220% cheaper against ApeX Omni than usual: you would sell low and buy high, −$22 on $10k if it goes back to its 7-day average of −0.005%. The two prices were read 109 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni HMSTRUSDT	0.0001775	0.0100	pay 0.0013% / 1h	3m 46s	$13K	$610K	50x
Short	Binance HMSTRUSDT	0.0001771	0.0100	get 0.0050% / 4h	3m 46s	$2.2M	$1.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against ApeX 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

Position, each leg$Hold fordaysFee ApeX OmnibpFee BinancebpOrdersPrice spread, now −0.225%Rate

Funding earned: $0
Price spread: −0.225% → −0.005%: −$22.04
Slippage, 4 orders: −$78.61
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$120.65
Costs to cover: 0.986%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 54 min ago; Binance: 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 ApeX Omni live order book, 54 min ago	11.31 bp	28.2 bp −$28	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 1 min ago	2.82 bp	23.1 bp −$23	147.2 bp −$1,472	doesn't fit	doesn't fit

HMSTR on 13 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
BingX HMSTR-USDT	+0.0070%	4h	0.0001771	−0.225%	—	$1.3M	—	as long as short
Aster HMSTRUSDT	+0.0100%	4h	0.0001770	−0.287%	$33K	$7K	5x	as long as short
Binance HMSTRUSDTshort	+0.0100%	4h	0.0001771	−0.225%	$2.2M	$1.9M	10x
Bybit HMSTRUSDT	+0.0100%	4h	0.0001771	−0.225%	$1.5M	$593K	25x	as long as short
OKX HMSTR-USDT-SWAP	+0.0100%	4h	0.0001772	−0.169%	$608K	$733K	10x	as long as short
Gate HMSTR_USDT	+0.0100%	4h	0.0001770	−0.282%	$436K	$198K	25x	as long as short
MEXC HMSTR_USDT	+0.0100%	4h	0.0001770	−0.282%	$387K	$117K	50x	as long as short
KuCoin HMSTRUSDTM	+0.0100%	4h	0.0001770	−0.282%	$257K	$50K	10x	as long as short
Variational Omni HMSTR	+0.0100%	4h	0.0001772	−0.158%	$2K	$919	—	as long as short
ApeX Omni HMSTRUSDTlong	+0.0100%	1h	0.0001775	long leg	$13K	$610K	50x

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended kHMSTR-USD	+0.0104%	1h	0.0001771	−0.232%	$923	—	5x	as long as short
Kraken Futures PF_HMSTRUSD	+0.1115%	1h	0.0001776	+0.034%	$10K	$6K	10x	as long as short
Hyperliquid HMSTR	+0.1812%	1h	0.0001780	+0.282%	$2.0M	$112K	3x	as long as short