Funding arb · Price arb /

HMSTR

all HMSTR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Gate against Binance+0.017%7-day average −0.048% · you sell dearer than you buy

Net, funding: paid 7d − costs−$138as in the Funding arb table

Net, price: spread back to 7d avg − costs−$131as in the Price arb table

costs, in and out, $10k−$1371.371% of the position

Long on Binance Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.010%−$1 on $10k

Price spread, last 4 days (all we have)−0.632%−$63 · spread now +0.017%, 7d avg −0.048%

Together, before fees−0.642%−$64 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: Gate is 0.065% dearer against Binance than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.048%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance HMSTRUSDT	0.0001769	0.0100	pay 0.0050% / 4h	1h 38m	$2.2M	$2.0M	10x
Short	Gate HMSTR_USDT	0.0001769	0.0100	get 0.0050% / 4h	1h 38m	$404K	$163K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Binance. 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 BinancebpFee GatebpOrdersPrice spread, now +0.017%Rate

Funding earned: $0
Price spread: +0.017% → −0.048%: $6.51
Slippage, 4 orders: −$112.06
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$130.55
Costs to cover: 1.371%
Break-even: never at this rate

Slippage from Binance: live order book, 11 min ago; Gate: live order book, 22 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 Binance live order book, 11 min ago	5.65 bp	23.8 bp −$24	245.8 bp −$2,458	doesn't fit	doesn't fit
Sell Gate live order book, 22 min ago	2.82 bp	36.3 bp −$36	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	0.0001769	+0.017%	—	$1.3M	—	as long as short
Aster HMSTRUSDT	+0.0100%	4h	0.0001769	+0.040%	$33K	$7K	5x	as long as short
Binance HMSTRUSDTlong	+0.0100%	4h	0.0001769	long leg	$2.2M	$2.0M	10x
Bybit HMSTRUSDT	+0.0100%	4h	0.0001768	−0.040%	$1.4M	$608K	25x	as long as short
OKX HMSTR-USDT-SWAP	+0.0100%	4h	0.0001769	+0.017%	$598K	$772K	10x	as long as short
Gate HMSTR_USDTshort	+0.0100%	4h	0.0001769	+0.017%	$404K	$163K	25x
MEXC HMSTR_USDT	+0.0100%	4h	0.0001768	−0.040%	$386K	$117K	50x	as long as short
KuCoin HMSTRUSDTM	+0.0100%	4h	0.0001769	+0.017%	$257K	$48K	10x	as long as short
Variational Omni HMSTR	+0.0100%	4h	0.0001769	−0.003%	$2K	$919	—	as long as short
ApeX Omni HMSTRUSDT	+0.0100%	1h	0.0001769	+0.017%	$13K	$610K	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	0.0001769	−0.010%	$923	—	5x	as long as short
Hyperliquid HMSTR	+0.1756%	1h	0.0001780	+0.639%	$2.0M	$116K	3x	as long as short
Kraken Futures PF_HMSTRUSD	+0.2267%	1h	0.0001762	−0.384%	$10K	$7K	10x	as long as short