HMSTR

Alert: funding

Alert: spread

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: BingX against Gate+0.056%7-day average +0.031% · you sell dearer than you buy

Net, funding: paid 7d − costs−$148as in the Funding arb table

Net, price: spread back to 7d avg − costs−$145as in the Price arb table

costs, in and out, $10k−$1481.475% of the position

Long on Gate Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.008%−$1 on $10k

Price spread, last 4 days (all we have)−0.016%−$2 · spread now +0.056%, 7d avg +0.031%

Together, before fees−0.024%−$2 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BingX is 0.025% dearer against Gate than usual: you sell high and buy low (spread +0.056% now, against its 7-day average of +0.031%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.8 days. At the pace of the last 7 days (−0.008% in total) that is about 22 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate HMSTR_USDT	0.0001779	0.0100	pay 0.0050% / 4h	2h 23m	$397K	$159K	25x
Short	BingX HMSTR-USDT	0.0001780	0.0070	get 0.0035% / 4h	2h 23m	—	$1.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Gate. 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 GatebpFee BingXbpOrdersPrice spread, now +0.056%Rate

Funding earned: −$6.3
Price spread: +0.056% → +0.031%: $2.54
Slippage, 4 orders: −$122.54
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BingX: 5 bp × 2 orders: −$10
Net: −$151.29
Costs to cover: 1.475%
Break-even: never at this rate

Slippage from Gate: live order book, 42 min ago; BingX: live order book, 3 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 Gate live order book, 42 min ago	5.60 bp	54.4 bp −$54	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 3 min ago	5.61 bp	16.7 bp −$17	74.0 bp −$740	714.5 bp −$71.4K	1061.3 bp −$530.7K

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-USDTshort	+0.0070%	4h	0.0001780	+0.056%	—	$1.3M	—
Aster HMSTRUSDT	+0.0100%	4h	0.0001780	+0.034%	$33K	$7K	5x	as long as short
Binance HMSTRUSDT	+0.0100%	4h	0.0001779	+0.006%	$2.2M	$2.1M	10x	as long as short
Bybit HMSTRUSDT	+0.0100%	4h	0.0001778	−0.056%	$1.5M	$608K	25x	as long as short
OKX HMSTR-USDT-SWAP	+0.0100%	4h	0.0001780	+0.056%	$601K	$822K	10x	as long as short
Gate HMSTR_USDTlong	+0.0100%	4h	0.0001779	long leg	$397K	$159K	25x
MEXC HMSTR_USDT	+0.0100%	4h	0.0001778	−0.056%	$387K	$117K	50x	as long as short
KuCoin HMSTRUSDTM	+0.0100%	4h	0.0001778	−0.056%	$247K	$48K	10x	as long as short
Variational Omni HMSTR	+0.0100%	4h	0.0001783	+0.236%	$2K	$919	—	as long as short
ApeX Omni HMSTRUSDT	+0.0100%	1h	0.0001780	+0.056%	$13K	$614K	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	0.0001779	−0.021%	$928	—	5x	as long as short
Kraken Futures PF_HMSTRUSD	+0.1031%	1h	0.0001780	+0.061%	$10K	$7K	10x	as long as short
Hyperliquid HMSTR	+0.1623%	1h	0.0001790	+0.618%	$2.0M	$117K	3x	as long as short