HMSTR

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.1812%/8h= −198.5% APRnext payment −$2.27 per $10,000 · paid last 24h −0.427%

Price spread now: Extended against Hyperliquid−0.525%7-day average — · you buy dearer than you sell

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

Long on Hyperliquid Short on Extended

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · Extended: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$54 a day on $10k at the current rate, and Extended is 0.525% cheaper against Hyperliquid than usual: you would sell low and buy high (−$52 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid HMSTR	0.0001790	0.1916	pay 0.0240% / 1h	18m 38s	$2.0M	$116K	3x
Short	Extended kHMSTR-USD	0.0001781	0.0104	get 0.0013% / 1h	18m 38s	$928	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Hyperliquid. 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 HyperliquidbpFee ExtendedbpOrdersPrice spread, now −0.525%Rate

Funding earned: −$380.6
Price spread: −0.525% → 0.000%: −$52.46
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$447.05
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Hyperliquid: live order book, 2 min ago; Extended: 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 Hyperliquid live order book, 2 min ago	27.85 bp	95.2 bp −$95	doesn't fit	doesn't fit	doesn't fit
Sell Extended no order-book sample	—	—	—	—	—

Extended: 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	−0.559%	—	$1.3M	—	as long as short
Aster HMSTRUSDT	+0.0100%	4h	0.0001783	−0.413%	$33K	$7K	5x	as long as short
Binance HMSTRUSDT	+0.0100%	4h	0.0001781	−0.497%	$2.2M	$1.9M	10x	as long as short
Bybit HMSTRUSDT	+0.0100%	4h	0.0001780	−0.559%	$1.5M	$603K	25x	as long as short
OKX HMSTR-USDT-SWAP	+0.0100%	4h	0.0001781	−0.503%	$604K	$752K	10x	as long as short
Gate HMSTR_USDT	+0.0100%	4h	0.0001782	−0.447%	$406K	$164K	25x	as long as short
MEXC HMSTR_USDT	+0.0100%	4h	0.0001780	−0.559%	$389K	$118K	50x	as long as short
KuCoin HMSTRUSDTM	+0.0100%	4h	0.0001780	−0.559%	$258K	$47K	10x	as long as short
Variational Omni HMSTR	+0.0100%	4h	0.0001781	−0.493%	$2K	$919	—	as long as short
ApeX Omni HMSTRUSDT	+0.0100%	1h	0.0001780	−0.559%	$13K	$609K	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-USDshort	+0.0104%	1h	0.0001781	−0.525%	$928	—	5x
Hyperliquid HMSTRlong	+0.1916%	1h	0.0001790	long leg	$2.0M	$116K	3x
Kraken Futures PF_HMSTRUSD	+0.2245%	1h	0.0001779	−0.613%	$10K	$7K	10x	as long as short