Funding arb · Price arb /

HMSTR

all HMSTR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against Variational Omni+0.157%7-day average — · you sell dearer than you buy

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

Long on Variational Omni Short on Binance

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.157% dearer against Variational Omni than usual: you sell high and buy low, +$16 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni HMSTR	0.0001777	0.0100	pay 0.0050% / 4h	54m 53s	$2K	$919	—
Short	Binance HMSTRUSDT	0.0001779	0.0100	get 0.0050% / 4h	54m 53s	$2.2M	$1.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Variational Omni. 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 Variational OmnibpFee BinancebpOrdersPrice spread, now +0.157%Rate

Funding earned: $0
Price spread: +0.157% → 0.000%: $15.72
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Binance: 5 bp × 2 orders: −$10
Net: $5.72
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Variational Omni: no order-book sample; Binance: live order book, 10 min ago. 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 Variational Omni no order-book sample	—	—	—	—	—
Sell Binance live order book, 10 min ago	2.82 bp	25.0 bp −$25	161.6 bp −$1,616	doesn't fit	doesn't fit

Variational Omni: 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	0.0001778	+0.073%	—	$1.3M	—	as long as short
Aster HMSTRUSDT	+0.0100%	4h	0.0001778	+0.090%	$33K	$7K	5x	as long as short
Binance HMSTRUSDTshort	+0.0100%	4h	0.0001779	+0.157%	$2.2M	$1.9M	10x
Bybit HMSTRUSDT	+0.0100%	4h	0.0001778	+0.073%	$1.5M	$593K	25x	as long as short
OKX HMSTR-USDT-SWAP	+0.0100%	4h	0.0001777	+0.016%	$604K	$745K	10x	as long as short
Gate HMSTR_USDT	+0.0100%	4h	0.0001777	+0.016%	$405K	$146K	25x	as long as short
MEXC HMSTR_USDT	+0.0100%	4h	0.0001778	+0.073%	$388K	$114K	50x	as long as short
KuCoin HMSTRUSDTM	+0.0100%	4h	0.0001777	+0.016%	$259K	$50K	10x	as long as short
Variational Omni HMSTRlong	+0.0100%	4h	0.0001777	long leg	$2K	$919	—
ApeX Omni HMSTRUSDT	+0.0100%	1h	0.0001770	−0.377%	$13K	$608K	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	0.0001778	+0.095%	$928	—	5x	as long as short
Kraken Futures PF_HMSTRUSD	+0.1111%	1h	0.0001781	+0.217%	$10K	$7K	10x	as long as short
Hyperliquid HMSTR	+0.1383%	1h	0.0001790	+0.748%	$2.0M	$115K	3x	as long as short