Funding arb · Price arb /

HMSTR

all HMSTR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%

Price spread now: Extended against KuCoin+0.043%7-day average — · you sell dearer than you buy

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

Long on KuCoin Short on Extended

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: Extended is 0.043% dearer against KuCoin than usual: you sell high and buy low, +$4 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	KuCoin HMSTRUSDTM	0.0001764	0.0100	pay 0.0050% / 4h	1h 47m	$247K	$59K	10x
Short	Extended kHMSTR-USD	0.0001765	0.0104	get 0.0013% / 1h	47m 17s	$918	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against KuCoin. 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 KuCoinbpFee ExtendedbpOrdersPrice spread, now +0.043%Rate

Funding earned: $0.84
Price spread: +0.043% → 0.000%: $4.32
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$11.84
Costs to cover: 0.170%
Break-even: 105.7 days

Slippage unknown: KuCoin: live order book, 23 min ago; Extended: no order-book sample. 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 KuCoin live order book, 23 min ago	8.51 bp	432.7 bp −$433	doesn't fit	doesn't fit	doesn't fit
Sell Extended no order-book sample	—	—	—	—	—

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
Kraken Futures PF_HMSTRUSD	−0.0896%	1h	0.0001767	+0.155%	$10K	$11K	10x	as long as short
BingX HMSTR-USDT	+0.0070%	4h	0.0001766	+0.113%	—	$1.3M	—	as long as short
Hyperliquid HMSTR	+0.0100%	1h	0.0001770	+0.340%	$1.9M	$210K	3x	as long as short
Aster HMSTRUSDT	+0.0100%	4h	0.0001765	+0.057%	$33K	$7K	5x	as long as short
Binance HMSTRUSDT	+0.0100%	4h	0.0001765	+0.057%	$2.2M	$2.2M	10x	as long as short
Bybit HMSTRUSDT	+0.0100%	4h	0.0001765	+0.057%	$1.4M	$577K	25x	as long as short
OKX HMSTR-USDT-SWAP	+0.0100%	4h	0.0001765	+0.057%	$588K	$908K	10x	as long as short
Gate HMSTR_USDT	+0.0100%	4h	0.0001763	−0.057%	$390K	$139K	25x	as long as short
MEXC HMSTR_USDT	+0.0100%	4h	0.0001765	+0.057%	$380K	$113K	50x	as long as short
KuCoin HMSTRUSDTMlong	+0.0100%	4h	0.0001764	long leg	$247K	$59K	10x

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni HMSTR	+0.0100%	4h	0.0001764	+0.020%	$2K	$833	—	as long as short
ApeX Omni HMSTRUSDT	+0.0100%	1h	0.0001764	0.000%	$13K	$615K	50x	as long as short
Extended kHMSTR-USDshort	+0.0104%	1h	0.0001765	+0.043%	$918	—	5x