Funding you earn now, next payment 04:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h +0.009%
Price spread now: KuCoin against BingX+0.112%7-day average −0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$822as in the Funding arb table
Net, price: spread back to 7d avg − costs−$812as in the Price arb table
costs, in and out, $10k−$8258.253% of the position
Funding, last 7 days+0.035%+$4 on $10k
+Price spread, last 4 days (all we have)−0.172%−$17 · spread now +0.112%, 7d avg −0.021%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and KuCoin is 0.133% dearer against BingX than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.021%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX HMSTR-USDT | 0.0001783 | 0.0070 | pay 0.0035% / 4h | 14m 52s | — | $1.3M | — |
| Short | KuCoin HMSTRUSDTM | 0.0001785 | 0.0100 | get 0.0050% / 4h | 14m 52s | $260K | $49K | 10x |
BingX HMSTR-USDT
KuCoin HMSTRUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: +0.112% → −0.021%
- $13.28
- Slippage, 4 orders
- −$803.28
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$805.7
- Costs to cover
- 8.253%
- Break-even
- 902.2 days
Slippage from BingX: live order book, 1 min ago; KuCoin: live order book, 66 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, 1 min ago | 5.61 bp | 17.1 bp −$17 | 63.2 bp −$632 | 674.4 bp −$67.4K | doesn't fit |
| Sell KuCoin live order book, 66 min ago | 8.43 bp | 358.4 bp −$358 | 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 | 0.0001783 | long leg | — | $1.3M | — | |
| Aster HMSTRUSDT | +0.0100% | 4h | 0.0001784 | +0.079% | $33K | $7K | 5x | as long as short |
| Binance HMSTRUSDT | +0.0100% | 4h | 0.0001784 | +0.050% | $2.2M | $1.9M | 10x | as long as short |
| Bybit HMSTRUSDT | +0.0100% | 4h | 0.0001784 | +0.056% | $1.5M | $592K | 25x | as long as short |
| OKX HMSTR-USDT-SWAP | +0.0100% | 4h | 0.0001784 | +0.056% | $610K | $736K | 10x | as long as short |
| Gate HMSTR_USDT | +0.0100% | 4h | 0.0001783 | 0.000% | $407K | $155K | 25x | as long as short |
| MEXC HMSTR_USDT | +0.0100% | 4h | 0.0001783 | 0.000% | $389K | $117K | 50x | as long as short |
| KuCoin HMSTRUSDTMshort | +0.0100% | 4h | 0.0001785 | +0.112% | $260K | $49K | 10x | |
| Variational Omni HMSTR | +0.0100% | 4h | 0.0001785 | +0.123% | $2K | $919 | — | as long as short |
| ApeX Omni HMSTRUSDT | +0.0100% | 1h | 0.0001782 | −0.056% | $13K | $610K | 50x | as long as short |
Aster HMSTRUSDT
Binance HMSTRUSDT
Bybit HMSTRUSDT
OKX HMSTR-USDT-SWAP
Gate HMSTR_USDT
MEXC HMSTR_USDT
Variational Omni HMSTR
ApeX Omni HMSTRUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended kHMSTR-USD | +0.0104% | 1h | 0.0001784 | +0.029% | $928 | — | 5x | as long as short |
| Kraken Futures PF_HMSTRUSD | +0.1110% | 1h | 0.0001783 | +0.010% | $10K | $7K | 10x | as long as short |
| Hyperliquid HMSTR | +0.2126% | 1h | 0.0001790 | +0.393% | $2.0M | $111K | 3x | as long as short |
Extended kHMSTR-USD
Kraken Futures PF_HMSTRUSD
Hyperliquid HMSTR