Funding arb · Price arb /

HMSTR

all HMSTR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: KuCoin against ApeX Omni+0.225%7-day average −0.024% · you sell dearer than you buy

Net, funding: paid 7d − costs−$714as in the Funding arb table

Net, price: spread back to 7d avg − costs−$689as in the Price arb table

costs, in and out, $10k−$7147.138% of the position

Long on ApeX Omni Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.002%$0 on $10k

Price spread, last 4 days (all we have)−0.306%−$31 · spread now +0.225%, 7d avg −0.024%

Together, before fees−0.307%−$31 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.249% dearer against ApeX Omni than usual: you sell high and buy low, +$25 on $10k if it goes back to its 7-day average of −0.024%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni HMSTRUSDT	0.0001776	0.0100	pay 0.0013% / 1h	24m 57s	$13K	$604K	50x
Short	KuCoin HMSTRUSDTM	0.0001780	0.0100	get 0.0050% / 4h	1h 24m	$253K	$58K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against ApeX Omni. 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 ApeX OmnibpFee KuCoinbpOrdersPrice spread, now +0.225%Rate

Funding earned: $0
Price spread: +0.225% → −0.024%: $24.92
Slippage, 4 orders: −$691.78
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$688.86
Costs to cover: 7.138%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 18 min ago; KuCoin: live order book, 17 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 ApeX Omni live order book, 18 min ago	11.24 bp	30.5 bp −$30	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 17 min ago	5.62 bp	268.6 bp −$269	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-USDT	+0.0070%	4h	0.0001781	+0.282%	—	$1.3M	—	as long as short
Aster HMSTRUSDT	+0.0100%	4h	0.0001780	+0.248%	$33K	$6K	5x	as long as short
Binance HMSTRUSDT	+0.0100%	4h	0.0001782	+0.338%	$2.2M	$1.9M	10x	as long as short
Bybit HMSTRUSDT	+0.0100%	4h	0.0001780	+0.225%	$1.5M	$599K	25x	as long as short
OKX HMSTR-USDT-SWAP	+0.0100%	4h	0.0001781	+0.282%	$625K	$737K	10x	as long as short
Gate HMSTR_USDT	+0.0100%	4h	0.0001779	+0.169%	$413K	$232K	25x	as long as short
MEXC HMSTR_USDT	+0.0100%	4h	0.0001781	+0.282%	$387K	$116K	50x	as long as short
KuCoin HMSTRUSDTMshort	+0.0100%	4h	0.0001780	+0.225%	$253K	$58K	10x
Variational Omni HMSTR	+0.0100%	4h	0.0001780	+0.236%	$2K	$919	—	as long as short
ApeX Omni HMSTRUSDTlong	+0.0100%	1h	0.0001776	long leg	$13K	$604K	50x

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended kHMSTR-USD	+0.0104%	1h	0.0001782	+0.314%	$927	—	5x	as long as short
Hyperliquid HMSTR	+0.2357%	1h	0.0001790	+0.788%	$2.0M	$112K	3x	as long as short
Kraken Futures PF_HMSTRUSD	+0.3172%	1h	0.0001785	+0.529%	$10K	$6K	10x	as long as short