Funding arb · Price arb /

HMSTR

all HMSTR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%

Price spread now: Gate against Extended−0.100%7-day average — · you buy dearer than you sell

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

Long on Extended Short on Gate

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 airdropExtended: 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: Gate is 0.100% cheaper against Extended than usual: you would sell low and buy high, −$10 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	Extended kHMSTR-USD	0.0001768	0.0104	pay 0.0013% / 1h	22m 15s	$923	—	5x
Short	Gate HMSTR_USDT	0.0001766	0.0100	get 0.0050% / 4h	2h 22m	$391K	$143K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Extended. 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 ExtendedbpFee GatebpOrdersPrice spread, now −0.100%Rate

Funding earned: −$0.84
Price spread: −0.100% → 0.000%: −$10.01
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$30.85
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Extended: no order-book sample; Gate: live order book, 62 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 Extended no order-book sample	—	—	—	—	—
Sell Gate live order book, 62 min ago	8.50 bp	72.8 bp −$73	doesn't fit	doesn't fit	doesn't fit

Extended: 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	0.0001767	−0.044%	—	$1.3M	—	as long as short
Aster HMSTRUSDT	+0.0100%	4h	0.0001768	+0.002%	$33K	$7K	5x	as long as short
Binance HMSTRUSDT	+0.0100%	4h	0.0001767	−0.038%	$2.2M	$2.3M	10x	as long as short
Bybit HMSTRUSDT	+0.0100%	4h	0.0001768	+0.013%	$1.4M	$602K	25x	as long as short
OKX HMSTR-USDT-SWAP	+0.0100%	4h	0.0001768	+0.013%	$588K	$934K	10x	as long as short
Gate HMSTR_USDTshort	+0.0100%	4h	0.0001766	−0.100%	$391K	$143K	25x
MEXC HMSTR_USDT	+0.0100%	4h	0.0001768	+0.013%	$378K	$120K	50x	as long as short
KuCoin HMSTRUSDTM	+0.0100%	4h	0.0001766	−0.100%	$247K	$60K	10x	as long as short
Variational Omni HMSTR	+0.0100%	4h	0.0001764	−0.188%	$2K	$2K	—	as long as short
ApeX Omni HMSTRUSDT	+0.0100%	1h	0.0001763	−0.270%	$13K	$619K	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-USDlong	+0.0104%	1h	0.0001768	long leg	$923	—	5x
Kraken Futures PF_HMSTRUSD	+0.1008%	1h	0.0001764	−0.186%	$10K	$11K	10x	as long as short
Hyperliquid HMSTR	+0.2474%	1h	0.0001770	+0.126%	$1.9M	$223K	3x	as long as short