Settings8H · net · $10k
Funding arb · Price arb /

HMSTR

all HMSTR markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.054%−$5 on $10k · with fees, hour by hour
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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX HMSTR-USDT0.00017650.0070pay 0.0035% / 4h2h 26m$1.3M
ShortGate HMSTR_USDT0.00017650.0100get 0.0050% / 4h2h 26m$391K$143K25x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 10 min ago2.84 bp17.1 bp −$1759.7 bp −$597713.0 bp −$71.3Kdoesn't fit
Sell Gate live order book, 58 min ago8.50 bp72.8 bp −$73doesn't fitdoesn't fitdoesn't fit

HMSTR on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX HMSTR-USDTlong+0.0070%4h0.0001765long leg$1.3M
Aster HMSTRUSDT+0.0100%4h0.0001766+0.068%$33K$7K5xas long as short
Binance HMSTRUSDT+0.0100%4h0.0001767+0.085%$2.2M$2.4M10xas long as short
Bybit HMSTRUSDT+0.0100%4h0.0001766+0.057%$1.4M$611K25xas long as short
OKX HMSTR-USDT-SWAP+0.0100%4h0.0001767+0.113%$587K$949K10xas long as short
Gate HMSTR_USDTshort+0.0100%4h0.00017650.000%$391K$143K25x
MEXC HMSTR_USDT+0.0100%4h0.0001766+0.057%$377K$119K50xas long as short
KuCoin HMSTRUSDTM+0.0100%4h0.0001764−0.057%$247K$61K10xas long as short
Variational Omni HMSTR+0.0100%4h0.0001764−0.033%$2K$2Kas long as short
ApeX Omni HMSTRUSDT+0.0100%1h0.0001764−0.057%$13K$621K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended kHMSTR-USD+0.0104%1h0.0001766+0.074%$9185xas long as short
Kraken Futures PF_HMSTRUSD+0.1009%1h0.0001764−0.077%$10K$11K10xas long as short
Hyperliquid HMSTR+0.2830%1h0.0001780+0.850%$2.0M$223K3xas long as short