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

HMSTR

all HMSTR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against KuCoin0.000%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$846as in the Funding arb table
Net, price: spread back to 7d avg − costs−$839as in the Price arb table
costs, in and out, $10k−$8388.378% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.078%−$8 on $10k
Price spread, last 4 days (all we have)+0.164%+$16 · spread now 0.000%, 7d avg +0.008%
Together, before fees+0.086%+$9 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin HMSTRUSDTM0.00017690.0100pay 0.0050% / 4h3m 43s$246K$49K10x
ShortBybit HMSTRUSDT0.00017690.0100get 0.0050% / 4h3m 43s$1.4M$598K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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

Funding earned
$0
Price spread: 0.000% → +0.008%
−$0.8
Slippage, 4 orders
−$814.79
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$838.58
Costs to cover
8.378%
Break-even
never at this rate
Slippage from KuCoin: live order book, 57 min ago; Bybit: live order book, 2 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 KuCoin live order book, 57 min ago8.45 bp498.3 bp −$498doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago2.83 bp42.6 bp −$43970.0 bp −$9,700doesn'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-USDT+0.0070%4h0.00017690.000%$1.3Mas long as short
Aster HMSTRUSDT+0.0100%4h0.0001770+0.040%$33K$7K5xas long as short
Binance HMSTRUSDT+0.0100%4h0.0001770+0.057%$2.2M$2.1M10xas long as short
Bybit HMSTRUSDTshort+0.0100%4h0.00017690.000%$1.4M$598K25x
OKX HMSTR-USDT-SWAP+0.0100%4h0.0001770+0.057%$590K$876K10xas long as short
Gate HMSTR_USDT+0.0100%4h0.0001768−0.057%$392K$133K25xas long as short
MEXC HMSTR_USDT+0.0100%4h0.0001770+0.057%$388K$119K50xas long as short
KuCoin HMSTRUSDTMlong+0.0100%4h0.0001769long leg$246K$49K10x
Variational Omni HMSTR+0.0100%4h0.0001768−0.042%$2K$920as long as short
ApeX Omni HMSTRUSDT+0.0100%1h0.0001768−0.057%$13K$614K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended kHMSTR-USD+0.0104%1h0.0001770+0.037%$9245xas long as short
Kraken Futures PF_HMSTRUSD+0.0383%1h0.0001773+0.207%$10K$9K10xas long as short
Hyperliquid HMSTR+0.1926%1h0.0001780+0.622%$2.0M$116K3xas long as short