HMSTR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h +0.009%

Price spread now: KuCoin against BingX−0.112%7-day average −0.021% · you buy dearer than you sell

Net, funding: paid 7d − costs−$701as in the Funding arb table

Net, price: spread back to 7d avg − costs−$714as in the Price arb table

costs, in and out, $10k−$7057.045% of the position

Long on BingX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.037%+$4 on $10k

Price spread, last 4 days (all we have)+0.067%+$7 · spread now −0.112%, 7d avg −0.021%

Together, before fees+0.104%+$10 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.091% cheaper against BingX than usual: you would sell low and buy high (spread −0.112% now, against its 7-day average of −0.021%). If the spread goes back, that is −$9 on $10k: about 10 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX HMSTR-USDT	0.0001787	0.0070	pay 0.0035% / 4h	1h 59m	—	$1.3M	—
Short	KuCoin HMSTRUSDTM	0.0001785	0.0100	get 0.0050% / 4h	1h 59m	$254K	$54K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against BingX. 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 BingXbpFee KuCoinbpOrdersPrice spread, now −0.112%Rate

Funding earned: $6.3
Price spread: −0.112% → −0.021%: −$9.12
Slippage, 4 orders: −$682.54
Fee BingX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$707.36
Costs to cover: 7.045%
Break-even: 793.0 days

Slippage from BingX: live order book, 17 min ago; KuCoin: live order book, 57 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 BingX live order book, 17 min ago	5.63 bp	18.0 bp −$18	110.0 bp −$1,100	712.9 bp −$71.3K	doesn't fit
Sell KuCoin live order book, 57 min ago	11.25 bp	356.5 bp −$356	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-USDTlong	+0.0070%	4h	0.0001787	long leg	—	$1.3M	—
Aster HMSTRUSDT	+0.0100%	4h	0.0001786	−0.084%	$33K	$6K	5x	as long as short
Binance HMSTRUSDT	+0.0100%	4h	0.0001786	−0.078%	$2.2M	$1.9M	10x	as long as short
Bybit HMSTRUSDT	+0.0100%	4h	0.0001786	−0.056%	$1.5M	$601K	25x	as long as short
OKX HMSTR-USDT-SWAP	+0.0100%	4h	0.0001787	0.000%	$627K	$754K	10x	as long as short
Gate HMSTR_USDT	+0.0100%	4h	0.0001786	−0.056%	$409K	$228K	25x	as long as short
MEXC HMSTR_USDT	+0.0100%	4h	0.0001785	−0.112%	$387K	$113K	50x	as long as short
KuCoin HMSTRUSDTMshort	+0.0100%	4h	0.0001785	−0.112%	$254K	$54K	10x
Variational Omni HMSTR	+0.0100%	4h	0.0001785	−0.102%	$2K	$919	—	as long as short
ApeX Omni HMSTRUSDT	+0.0100%	1h	0.0001783	−0.224%	$13K	$605K	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	0.0001785	−0.106%	$932	—	5x	as long as short
Kraken Futures PF_HMSTRUSD	+0.3172%	1h	0.0001786	−0.070%	$10K	$6K	10x	as long as short
Hyperliquid HMSTR	+0.3994%	1h	0.0001790	+0.168%	$2.0M	$115K	3x	as long as short