Funding arb · Price arb /

HMSTR

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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: MEXC against Aster−0.107%7-day average — · you buy dearer than you sell

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

Long on Aster Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.107% cheaper against Aster than usual: you would sell low and buy high, −$11 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	Aster HMSTRUSDT	0.0001781	0.0100	pay 0.0050% / 4h	21m 55s	$33K	$7K	5x
Short	MEXC HMSTR_USDT	0.0001779	0.0100	get 0.0050% / 4h	21m 55s	$390K	$116K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Aster. 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 AsterbpFee MEXCbpOrdersPrice spread, now −0.107%Rate

Funding earned: $0
Price spread: −0.107% → 0.000%: −$10.67
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$22.67
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; MEXC: live order book, 19 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 Aster no order-book sample	—	—	—	—	—
Sell MEXC live order book, 19 min ago	2.82 bp	10.5 bp −$10	58.5 bp −$585	152.9 bp −$15.3K	doesn't fit

Aster: 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	0.0001781	+0.006%	—	$1.3M	—	as long as short
Aster HMSTRUSDTlong	+0.0100%	4h	0.0001781	long leg	$33K	$7K	5x
Binance HMSTRUSDT	+0.0100%	4h	0.0001781	−0.006%	$2.2M	$1.9M	10x	as long as short
Bybit HMSTRUSDT	+0.0100%	4h	0.0001780	−0.051%	$1.5M	$595K	25x	as long as short
OKX HMSTR-USDT-SWAP	+0.0100%	4h	0.0001781	+0.006%	$609K	$740K	10x	as long as short
Gate HMSTR_USDT	+0.0100%	4h	0.0001782	+0.062%	$406K	$146K	25x	as long as short
MEXC HMSTR_USDTshort	+0.0100%	4h	0.0001779	−0.107%	$390K	$116K	50x
KuCoin HMSTRUSDTM	+0.0100%	4h	0.0001781	+0.006%	$259K	$50K	10x	as long as short
Variational Omni HMSTR	+0.0100%	4h	0.0001781	+0.015%	$2K	$919	—	as long as short
ApeX Omni HMSTRUSDT	+0.0100%	1h	0.0001781	+0.006%	$13K	$611K	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	0.0001780	−0.033%	$928	—	5x	as long as short
Kraken Futures PF_HMSTRUSD	+0.1110%	1h	0.0001783	+0.107%	$10K	$7K	10x	as long as short
Hyperliquid HMSTR	+0.2028%	1h	0.0001790	+0.511%	$2.0M	$112K	3x	as long as short