Funding arb · Price arb / Crypto
HMSTR
All HMSTR markets →| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.0001272 | spot | no funding | — | — | $36K | 1x | Buy Bybit Spot | |
| SHORT | 0.0001268 | +0.0100 | get 0.0050% / 4h | 3h 44m | $1.2M | $235K | 25x | Short Bybit |
Price gap−0.314%
Funding gap+0.0100% /8h
Funding pays +$3 a day on $10k, but the gap is 0.197% under its 7d average: −$20 if it goes back, about 6.6 days of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$21+0.0100% /8h now · paid +0.210% over the last 7D
Price−$20spread −0.314% now, avg −0.117% → −0.197% if it goes back
Costsno datano order book for Bybit Spot
Result, before costs+$1+0.01%no pointscosts unknown: no order book for Bybit Spot ·
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.314%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hHMSTR on 12 exchanges
lowest funding firstBefore you open
1 ok · 2 to watch- Note: Order book unknown—No order-book sample for Bybit Spot: its slippage is not counted.
- Note: Spot in full, margin on the short$10,000 + $400The spot leg is bought with the whole $10k; Bybit runs at up to 25x. Only the short can be liquidated, when the price rises, while the spot leg's gain is not yet realised: keep about 2× the margin on Bybit.
- OK: Only the short pays funding— / 4hThe spot leg pays no funding; Bybit settles every 4h.Next 24h at the current rates, on $10k a leg: +$3.00Long Bybit Spot: 0 payments, $0.00; short Bybit: 6 payments, +$3.00.
- Watch: Gap narrower than usual−0.314% vs −0.117%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Note: Spot has no open interest$1.2M OIOnly Bybit reports one; the spot book's depth is in the cost check above.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBybit Spot Yes · Bybit YesStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0100%/8h × 21 periods+$21.00
Price spread−0.314% → −0.117% (7d avg)−$19.70
Slippage, 4 ordersno data for Bybit Spot—
Fee Bybit Spot bp × 2 orders−$20.00
Fee Bybit bp × 2 orders−$11.00
Net, fees only · 7 days · $10k−$29.70
Costs to cover0.310%Break-even16.9 days
Slippage: Bybit Spot: no order-book sample; Bybit: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBybit Spot—————
SELL · SHORTBybit3.9591.1 bp−$91525.3 bp−$5,253doesn’t fitdoesn’t fit
Closing costs about the same again.
Bybit Spot: no data.
