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: BingX against KuCoin+0.056%7-day average +0.022% · you sell dearer than you buy

Net, funding: paid 7d − costs−$798as in the Funding arb table

Net, price: spread back to 7d avg − costs−$791as in the Price arb table

costs, in and out, $10k−$7957.946% of the position

Long on KuCoin Short on BingX

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)−0.006%−$1 · spread now +0.056%, 7d avg +0.022%

Together, before fees−0.043%−$4 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BingX is 0.034% dearer against KuCoin than usual: you sell high and buy low (spread +0.056% now, against its 7-day average of +0.022%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin HMSTRUSDTM	0.0001778	0.0100	pay 0.0050% / 4h	0m 29s	$241K	$60K	10x
Short	BingX HMSTR-USDT	0.0001779	0.0070	get 0.0035% / 4h	0m 29s	—	$1.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against KuCoin. 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 KuCoinbpFee BingXbpOrdersPrice spread, now +0.056%Rate

Funding earned: −$6.3
Price spread: +0.056% → +0.022%: $3.41
Slippage, 4 orders: −$772.64
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$797.53
Costs to cover: 7.946%
Break-even: never at this rate

Slippage from KuCoin: live order book, 31 min ago; BingX: live order book, 11 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 KuCoin live order book, 31 min ago	8.43 bp	389.0 bp −$389	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 11 min ago	8.42 bp	19.5 bp −$20	101.3 bp −$1,013	719.2 bp −$71.9K	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-USDTshort	+0.0070%	4h	0.0001779	+0.056%	—	$1.3M	—
Aster HMSTRUSDT	+0.0100%	4h	0.0001779	+0.028%	$33K	$3K	5x	as long as short
Binance HMSTRUSDT	+0.0100%	4h	0.0001779	+0.045%	$2.2M	$1.9M	10x	as long as short
Bybit HMSTRUSDT	+0.0100%	4h	0.0001779	+0.056%	$1.5M	$599K	25x	as long as short
OKX HMSTR-USDT-SWAP	+0.0100%	4h	0.0001780	+0.112%	$622K	$742K	10x	as long as short
Gate HMSTR_USDT	+0.0100%	4h	0.0001778	0.000%	$411K	$247K	25x	as long as short
MEXC HMSTR_USDT	+0.0100%	4h	0.0001778	0.000%	$389K	$118K	50x	as long as short
KuCoin HMSTRUSDTMlong	+0.0100%	4h	0.0001778	long leg	$241K	$60K	10x
Variational Omni HMSTR	+0.0100%	4h	0.0001779	+0.043%	$2K	$919	—	as long as short
ApeX Omni HMSTRUSDT	+0.0100%	1h	0.0001775	−0.169%	$13K	$606K	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	0.0001779	+0.068%	$930	—	5x	as long as short
Hyperliquid HMSTR	+0.0469%	1h	0.0001790	+0.675%	$2.0M	$106K	3x	as long as short
Kraken Futures PF_HMSTRUSD	+0.2141%	1h	0.0001772	−0.336%	$10K	$6K	10x	as long as short