Funding arb · Price arb /

HMSTR

all HMSTR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: KuCoin against ApeX Omni+0.113%7-day average −0.035% · you sell dearer than you buy

Net, funding: paid 7d − costs−$712as in the Funding arb table

Net, price: spread back to 7d avg − costs−$697as in the Price arb table

costs, in and out, $10k−$7127.118% of the position

Long on ApeX Omni Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.002%$0 on $10k

Price spread, last 4 days (all we have)−0.324%−$32 · spread now +0.113%, 7d avg −0.035%

Together, before fees−0.326%−$33 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: KuCoin is 0.148% dearer against ApeX Omni than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of −0.035%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni HMSTRUSDT	0.0001767	0.0100	pay 0.0013% / 1h	37m 07s	$13K	$609K	50x
Short	KuCoin HMSTRUSDTM	0.0001769	0.0100	get 0.0050% / 4h	1h 37m	$257K	$48K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.113%Rate

Funding earned: $0
Price spread: +0.113% → −0.035%: $14.82
Slippage, 4 orders: −$689.84
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$697.02
Costs to cover: 7.118%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 26 min ago; KuCoin: live order book, 58 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, 26 min ago	11.29 bp	27.0 bp −$27	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 58 min ago	8.43 bp	224.4 bp −$224	doesn't fit	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	0.0001769	+0.113%	—	$1.3M	—	as long as short
Aster HMSTRUSDT	+0.0100%	4h	0.0001768	+0.068%	$33K	$7K	5x	as long as short
Binance HMSTRUSDT	+0.0100%	4h	0.0001771	+0.221%	$2.2M	$2.0M	10x	as long as short
Bybit HMSTRUSDT	+0.0100%	4h	0.0001769	+0.113%	$1.4M	$607K	25x	as long as short
OKX HMSTR-USDT-SWAP	+0.0100%	4h	0.0001770	+0.170%	$598K	$771K	10x	as long as short
Gate HMSTR_USDT	+0.0100%	4h	0.0001768	+0.057%	$403K	$163K	25x	as long as short
MEXC HMSTR_USDT	+0.0100%	4h	0.0001770	+0.170%	$387K	$117K	50x	as long as short
KuCoin HMSTRUSDTMshort	+0.0100%	4h	0.0001769	+0.113%	$257K	$48K	10x
Variational Omni HMSTR	+0.0100%	4h	0.0001769	+0.094%	$2K	$919	—	as long as short
ApeX Omni HMSTRUSDTlong	+0.0100%	1h	0.0001767	long leg	$13K	$609K	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	0.0001768	+0.057%	$923	—	5x	as long as short
Hyperliquid HMSTR	+0.1591%	1h	0.0001780	+0.736%	$2.0M	$116K	3x	as long as short
Kraken Futures PF_HMSTRUSD	+0.2256%	1h	0.0001771	+0.202%	$10K	$7K	10x	as long as short