Funding arb · Price arb /

HMSTR

all HMSTR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: ApeX Omni against MEXC−0.056%7-day average +0.020% · you buy dearer than you sell

Net, funding: paid 7d − costs−$77as in the Funding arb table

Net, price: spread back to 7d avg − costs−$87as in the Price arb table

costs, in and out, $10k−$790.793% of the position

Long on MEXC Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.020%+$2 on $10k

Price spread, last 4 days (all we have)+0.096%+$10 · spread now −0.056%, 7d avg +0.020%

Together, before fees+0.116%+$12 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.076% cheaper against MEXC than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.020%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC HMSTR_USDT	0.0001774	0.0100	pay 0.0050% / 4h	1h 35m	$386K	$116K	50x
Short	ApeX Omni HMSTRUSDT	0.0001773	0.0100	get 0.0013% / 1h	35m 13s	$13K	$606K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against MEXC. 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 MEXCbpFee ApeX OmnibpOrdersPrice spread, now −0.056%Rate

Funding earned: $0
Price spread: −0.056% → +0.020%: −$7.62
Slippage, 4 orders: −$65.32
Fee MEXC: 2 bp × 2 orders: −$4
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$86.93
Costs to cover: 0.793%
Break-even: never at this rate

Slippage from MEXC: live order book, 55 min ago; ApeX Omni: live order book, 8 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 MEXC live order book, 55 min ago	2.83 bp	10.9 bp −$11	60.7 bp −$607	146.0 bp −$14.6K	3629.6 bp −$1.81M
Sell ApeX Omni live order book, 8 min ago	11.24 bp	28.1 bp −$28	doesn't fit	doesn't fit	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-USDT	+0.0070%	4h	0.0001776	+0.113%	—	$1.3M	—	as long as short
Aster HMSTRUSDT	+0.0100%	4h	0.0001775	+0.068%	$33K	$6K	5x	as long as short
Binance HMSTRUSDT	+0.0100%	4h	0.0001775	+0.056%	$2.2M	$1.9M	10x	as long as short
Bybit HMSTRUSDT	+0.0100%	4h	0.0001775	+0.056%	$1.5M	$602K	25x	as long as short
OKX HMSTR-USDT-SWAP	+0.0100%	4h	0.0001776	+0.113%	$623K	$737K	10x	as long as short
Gate HMSTR_USDT	+0.0100%	4h	0.0001775	+0.056%	$412K	$232K	25x	as long as short
MEXC HMSTR_USDTlong	+0.0100%	4h	0.0001774	long leg	$386K	$116K	50x
KuCoin HMSTRUSDTM	+0.0100%	4h	0.0001776	+0.113%	$252K	$58K	10x	as long as short
Variational Omni HMSTR	+0.0100%	4h	0.0001774	+0.011%	$2K	$919	—	as long as short
ApeX Omni HMSTRUSDTshort	+0.0100%	1h	0.0001773	−0.056%	$13K	$606K	50x

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended kHMSTR-USD	+0.0104%	1h	0.0001775	+0.033%	$927	—	5x	as long as short
Hyperliquid HMSTR	+0.2065%	1h	0.0001780	+0.338%	$2.0M	$112K	3x	as long as short
Kraken Futures PF_HMSTRUSD	+0.3204%	1h	0.0001768	−0.364%	$10K	$6K	10x	as long as short