Settings8H · net · $10k
Funding arb · Price arb /

HMSTR

all HMSTR markets
SwapBacktest
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: OKX against BingX−0.056%7-day average +0.009% · 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−$112as in the Price arb table
costs, in and out, $10k−$1051.051% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.039%+$4 on $10k
Price spread, last 4 days (all we have)+0.255%+$26 · spread now −0.056%, 7d avg +0.009%
Together, before fees+0.294%+$29 on $10k · with fees, hour by hour
Funding pays, the price is against you. OKX is 0.065% cheaper against BingX than usual: you would sell low and buy high (spread −0.056% now, against its 7-day average of +0.009%). If the spread goes back, that is −$7 on $10k: about 7.2 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX HMSTR-USDT0.00017870.0070pay 0.0035% / 4h3h 12m$1.3M
ShortOKX HMSTR-USDT-SWAP0.00017860.0100get 0.0050% / 4h3h 12m$618K$744K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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

Funding earned
$6.3
Price spread: −0.056% → +0.009%
−$6.51
Slippage, 4 orders
−$85.09
Fee BingX: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$105.3
Costs to cover
1.051%
Break-even
124.0 days
Slippage from BingX: live order book, 3 min ago; OKX: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 3 min ago8.40 bp20.9 bp −$2190.7 bp −$907721.4 bp −$72.1Kdoesn't fit
Sell OKX live order book, 3 min ago2.80 bp35.8 bp −$36doesn't fitdoesn't fitdoesn't fit

HMSTR on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX HMSTR-USDTlong+0.0070%4h0.0001787long leg$1.3M
Aster HMSTRUSDT+0.0100%4h0.0001786−0.045%$33K$7K5xas long as short
Binance HMSTRUSDT+0.0100%4h0.0001785−0.095%$2.2M$1.9M10xas long as short
Bybit HMSTRUSDT+0.0100%4h0.0001786−0.056%$1.5M$590K25xas long as short
OKX HMSTR-USDT-SWAPshort+0.0100%4h0.0001786−0.056%$618K$744K10x
Gate HMSTR_USDT+0.0100%4h0.00017870.000%$400K$230K25xas long as short
MEXC HMSTR_USDT+0.0100%4h0.0001786−0.056%$387K$116K50xas long as short
KuCoin HMSTRUSDTM+0.0100%4h0.00017870.000%$245K$52K10xas long as short
Variational Omni HMSTR+0.0100%4h0.0001786−0.045%$2K$919as long as short
ApeX Omni HMSTRUSDT+0.0100%1h0.0001785−0.112%$13K$608K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended kHMSTR-USD+0.0104%1h0.0001785−0.124%$9335xas long as short
Hyperliquid HMSTR+0.1509%1h0.0001790+0.168%$2.0M$116K3xas long as short
Kraken Futures PF_HMSTRUSD+0.2151%1h0.0001786−0.068%$10K$6K10xas long as short