Funding you earn now, next payment 00:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h +0.009%
Price spread now: Gate against BingX0.000%7-day average −0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$191as in the Funding arb table
Net, price: spread back to 7d avg − costs−$189as in the Price arb table
costs, in and out, $10k−$1921.917% of the position
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 4 days (all we have)−0.060%−$6 · spread now 0.000%, 7d avg −0.030%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Gate is 0.030% dearer against BingX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.030%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX HMSTR-USDT | 0.0001765 | 0.0070 | pay 0.0035% / 4h | 2h 26m | — | $1.3M | — |
| Short | Gate HMSTR_USDT | 0.0001765 | 0.0100 | get 0.0050% / 4h | 2h 26m | $391K | $143K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against BingX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $6.3
- Price spread: 0.000% → −0.030%
- $2.95
- Slippage, 4 orders
- −$166.72
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$182.47
- Costs to cover
- 1.917%
- Break-even
- 209.7 days
Slippage from BingX: live order book, 10 min ago; Gate: live order book, 58 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 BingX live order book, 10 min ago | 2.84 bp | 17.1 bp −$17 | 59.7 bp −$597 | 713.0 bp −$71.3K | doesn't fit |
| Sell Gate live order book, 58 min ago | 8.50 bp | 72.8 bp −$73 | 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-USDTlong | +0.0070% | 4h | 0.0001765 | long leg | — | $1.3M | — | |
| Aster HMSTRUSDT | +0.0100% | 4h | 0.0001766 | +0.068% | $33K | $7K | 5x | as long as short |
| Binance HMSTRUSDT | +0.0100% | 4h | 0.0001767 | +0.085% | $2.2M | $2.4M | 10x | as long as short |
| Bybit HMSTRUSDT | +0.0100% | 4h | 0.0001766 | +0.057% | $1.4M | $611K | 25x | as long as short |
| OKX HMSTR-USDT-SWAP | +0.0100% | 4h | 0.0001767 | +0.113% | $587K | $949K | 10x | as long as short |
| Gate HMSTR_USDTshort | +0.0100% | 4h | 0.0001765 | 0.000% | $391K | $143K | 25x | |
| MEXC HMSTR_USDT | +0.0100% | 4h | 0.0001766 | +0.057% | $377K | $119K | 50x | as long as short |
| KuCoin HMSTRUSDTM | +0.0100% | 4h | 0.0001764 | −0.057% | $247K | $61K | 10x | as long as short |
| Variational Omni HMSTR | +0.0100% | 4h | 0.0001764 | −0.033% | $2K | $2K | — | as long as short |
| ApeX Omni HMSTRUSDT | +0.0100% | 1h | 0.0001764 | −0.057% | $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 | 0.0001766 | +0.074% | $918 | — | 5x | as long as short |
| Kraken Futures PF_HMSTRUSD | +0.1009% | 1h | 0.0001764 | −0.077% | $10K | $11K | 10x | as long as short |
| Hyperliquid HMSTR | +0.2830% | 1h | 0.0001780 | +0.850% | $2.0M | $223K | 3x | as long as short |
BingX HMSTR-USDT
Gate HMSTR_USDT
Aster HMSTRUSDT
Binance HMSTRUSDT
Bybit HMSTRUSDT
OKX HMSTR-USDT-SWAP
MEXC HMSTR_USDT
KuCoin HMSTRUSDTM
Variational Omni HMSTR
ApeX Omni HMSTRUSDT
Extended kHMSTR-USD
Kraken Futures PF_HMSTRUSD
Hyperliquid HMSTR