Funding arb · Price arb /

HMSTR

all HMSTR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0931%/8h= +102.0% APRpaid last 24h +0.069%

Price spread now: Kraken Futures against Aster+0.067%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aster Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$28 a day on $10k at the current rate, and Kraken Futures is 0.067% dearer against Aster than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster HMSTRUSDT	0.0001779	0.0100	pay 0.0050% / 4h	2h 30m	$33K	$7K	5x
Short	Kraken Futures PF_HMSTRUSD	0.0001781	0.1031	get 0.0129% / 1h	30m 54s	$10K	$7K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Aster. 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 AsterbpFee Kraken FuturesbpOrdersPrice spread, now +0.067%Rate

Funding earned: $195.53
Price spread: +0.067% → 0.000%: $6.7
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $184.24
Costs to cover: 0.180%
Break-even: 0.4 days

Slippage unknown: Aster: no order-book sample; Kraken Futures: no order-book sample. Net counts fees only.

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 Aster no order-book sample	—	—	—	—	—
Sell Kraken Futures no order-book sample	—	—	—	—	—

Aster and Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	0.0001780	+0.028%	—	$1.3M	—	as long as short
Aster HMSTRUSDTlong	+0.0100%	4h	0.0001779	long leg	$33K	$7K	5x
Binance HMSTRUSDT	+0.0100%	4h	0.0001779	−0.045%	$2.2M	$2.1M	10x	as long as short
Bybit HMSTRUSDT	+0.0100%	4h	0.0001779	−0.028%	$1.5M	$606K	25x	as long as short
OKX HMSTR-USDT-SWAP	+0.0100%	4h	0.0001779	−0.028%	$600K	$839K	10x	as long as short
Gate HMSTR_USDT	+0.0100%	4h	0.0001780	+0.028%	$397K	$159K	25x	as long as short
MEXC HMSTR_USDT	+0.0100%	4h	0.0001777	−0.140%	$386K	$117K	50x	as long as short
KuCoin HMSTRUSDTM	+0.0100%	4h	0.0001778	−0.084%	$248K	$48K	10x	as long as short
Variational Omni HMSTR	+0.0100%	4h	0.0001780	+0.041%	$2K	$920	—	as long as short
ApeX Omni HMSTRUSDT	+0.0100%	1h	0.0001778	−0.084%	$13K	$614K	50x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended kHMSTR-USD	+0.0104%	1h	0.0001778	−0.104%	$928	—	5x	as long as short
Kraken Futures PF_HMSTRUSDshort	+0.1031%	1h	0.0001781	+0.067%	$10K	$7K	10x
Hyperliquid HMSTR	+0.1481%	1h	0.0001790	+0.590%	$2.0M	$118K	3x	as long as short