Settings8H · net · $10k
Funding arb · Price arb /

HMSTR

all HMSTR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h +0.009%
Price spread now: Binance against BingX+0.056%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$800.801% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.018%+$2 on $10k
Price spread, last 7 days−0.087%−$9 · spread now +0.056%, 7d avg +0.019%
Together, before fees−0.069%−$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.038% dearer against BingX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.019%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX HMSTR-USDT0.00017800.0070pay 0.0035% / 4h3h 55m$1.3M
ShortBinance HMSTRUSDT0.00017810.0100get 0.0050% / 4h3h 55m$2.2M$1.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BingX. 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

Funding earned
$6.3
Price spread: +0.056% → +0.019%
$3.77
Slippage, 4 orders
−$60.06
Fee BingX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$70
Costs to cover
0.801%
Break-even
84.8 days
Slippage from BingX: live order book, 11 min ago; Binance: live order book, 9 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 11 min ago5.64 bp17.2 bp −$1773.0 bp −$730735.3 bp −$73.5Kdoesn't fit
Sell Binance live order book, 9 min ago2.82 bp23.1 bp −$23147.2 bp −$1,472doesn't fitdoesn't fit

HMSTR on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX HMSTR-USDTlong+0.0070%4h0.0001780long leg$1.3M
Aster HMSTRUSDT+0.0100%4h0.0001779−0.045%$33K$7K5xas long as short
Binance HMSTRUSDTshort+0.0100%4h0.0001781+0.056%$2.2M$1.9M10x
Bybit HMSTRUSDT+0.0100%4h0.0001779−0.056%$1.5M$594K25xas long as short
OKX HMSTR-USDT-SWAP+0.0100%4h0.0001782+0.112%$612K$740K10xas long as short
Gate HMSTR_USDT+0.0100%4h0.0001778−0.112%$400K$222K25xas long as short
MEXC HMSTR_USDT+0.0100%4h0.00017800.000%$386K$114K50xas long as short
KuCoin HMSTRUSDTM+0.0100%4h0.0001778−0.112%$259K$50K10xas long as short
Variational Omni HMSTR+0.0100%4h0.0001778−0.102%$2K$919as long as short
ApeX Omni HMSTRUSDT+0.0100%1h0.0001777−0.169%$13K$613K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended kHMSTR-USD+0.0104%1h0.0001778−0.095%$9285xas long as short
Hyperliquid HMSTR+0.0884%1h0.0001790+0.562%$2.0M$115K3xas long as short
Kraken Futures PF_HMSTRUSD+0.2160%1h0.0001779−0.075%$10K$6K10xas long as short