Funding arb · Price arb /

HMSTR

all HMSTR markets

Swap Backtest

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: Binance against MEXC0.000%7-day average +0.032% · you sell dearer than you buy

Net, funding: paid 7d − costs−$61as in the Funding arb table

Net, price: spread back to 7d avg − costs−$65as in the Price arb table

costs, in and out, $10k−$610.614% of the position

Long on MEXC Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.001%$0 on $10k

Price spread, last 4 days (all we have)+0.278%+$28 · spread now 0.000%, 7d avg +0.032%

Together, before fees+0.278%+$28 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: Binance is 0.032% cheaper against MEXC than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.032%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC HMSTR_USDT	0.0001764	0.0100	pay 0.0050% / 4h	2h 45m	$387K	$117K	50x
Short	Binance HMSTRUSDT	0.0001764	0.0100	get 0.0050% / 4h	2h 45m	$2.2M	$2.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → +0.032%: −$3.22
Slippage, 4 orders: −$47.41
Fee MEXC: 2 bp × 2 orders: −$4
Fee Binance: 5 bp × 2 orders: −$10
Net: −$64.63
Costs to cover: 0.614%
Break-even: never at this rate

Slippage from MEXC: live order book, 37 min ago; Binance: live order book, 5 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, 37 min ago	2.83 bp	9.9 bp −$10	48.1 bp −$481	153.9 bp −$15.4K	5790.4 bp −$2.90M
Sell Binance live order book, 5 min ago	2.84 bp	20.4 bp −$20	116.0 bp −$1,160	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	0.0001763	−0.057%	—	$1.3M	—	as long as short
Aster HMSTRUSDT	+0.0100%	4h	0.0001764	0.000%	$33K	$7K	5x	as long as short
Binance HMSTRUSDTshort	+0.0100%	4h	0.0001764	0.000%	$2.2M	$2.5M	10x
Bybit HMSTRUSDT	+0.0100%	4h	0.0001764	0.000%	$1.5M	$618K	25x	as long as short
OKX HMSTR-USDT-SWAP	+0.0100%	4h	0.0001763	−0.057%	$587K	$967K	10x	as long as short
Gate HMSTR_USDT	+0.0100%	4h	0.0001761	−0.170%	$390K	$143K	25x	as long as short
MEXC HMSTR_USDTlong	+0.0100%	4h	0.0001764	long leg	$387K	$117K	50x
KuCoin HMSTRUSDTM	+0.0100%	4h	0.0001763	−0.057%	$247K	$62K	10x	as long as short
Variational Omni HMSTR	+0.0100%	4h	0.0001759	−0.311%	$2K	$2K	—	as long as short
ApeX Omni HMSTRUSDT	+0.0100%	1h	0.0001760	−0.227%	$13K	$621K	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	0.0001764	−0.010%	$918	—	5x	as long as short
Kraken Futures PF_HMSTRUSD	+0.1011%	1h	0.0001761	−0.190%	$10K	$11K	10x	as long as short
Hyperliquid HMSTR	+0.2290%	1h	0.0001770	+0.340%	$1.9M	$281K	3x	as long as short