Funding you earn now, next payment 12:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h +0.009%
Price spread now: KuCoin against BingX−0.113%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$719as in the Funding arb table
Net, price: spread back to 7d avg − costs−$732as in the Price arb table
costs, in and out, $10k−$7237.231% of the position
Funding, last 7 days+0.038%+$4 on $10k
+Price spread, last 4 days (all we have)+0.053%+$5 · spread now −0.113%, 7d avg −0.022%
=Funding pays, the price is against you. KuCoin is 0.091% cheaper against BingX than usual: you would sell low and buy high (spread −0.113% now, against its 7-day average of −0.022%). If the spread goes back, that is −$9 on $10k: about 10 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX HMSTR-USDT | 0.0001770 | 0.0070 | pay 0.0035% / 4h | 1h 51m | — | $1.3M | — |
| Short | KuCoin HMSTRUSDTM | 0.0001768 | 0.0100 | get 0.0050% / 4h | 1h 51m | $243K | $61K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BingX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
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: −0.113% → −0.022%
- −$9.07
- Slippage, 4 orders
- −$701.1
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$725.87
- Costs to cover
- 7.231%
- Break-even
- 813.5 days
Slippage from BingX: live order book, 8 min ago; KuCoin: live order book, 51 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 BingX live order book, 8 min ago | 5.63 bp | 19.5 bp −$20 | 68.4 bp −$684 | 698.2 bp −$69.8K | doesn't fit |
| Sell KuCoin live order book, 51 min ago | 8.47 bp | 316.2 bp −$316 | doesn't fit | doesn't fit | doesn't fit |
HMSTR on 13 exchanges
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-USDTlong | +0.0070% | 4h | 0.0001770 | long leg | — | $1.3M | — | |
| Aster HMSTRUSDT | +0.0100% | 4h | 0.0001769 | −0.068% | $33K | $3K | 5x | as long as short |
| Binance HMSTRUSDT | +0.0100% | 4h | 0.0001769 | −0.062% | $2.2M | $1.8M | 10x | as long as short |
| Bybit HMSTRUSDT | +0.0100% | 4h | 0.0001767 | −0.169% | $1.4M | $535K | 25x | as long as short |
| OKX HMSTR-USDT-SWAP | +0.0100% | 4h | 0.0001769 | −0.056% | $607K | $703K | 10x | as long as short |
| Gate HMSTR_USDT | +0.0100% | 4h | 0.0001768 | −0.113% | $408K | $240K | 25x | as long as short |
| MEXC HMSTR_USDT | +0.0100% | 4h | 0.0001768 | −0.113% | $388K | $110K | 50x | as long as short |
| KuCoin HMSTRUSDTMshort | +0.0100% | 4h | 0.0001768 | −0.113% | $243K | $61K | 10x | |
| Variational Omni HMSTR | +0.0100% | 4h | 0.0001772 | +0.087% | $2K | $116 | — | as long as short |
| ApeX Omni HMSTRUSDT | +0.0100% | 1h | 0.0001771 | +0.056% | $13K | $610K | 50x | as long as short |
Show all 13 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended kHMSTR-USD | +0.0104% | 1h | 0.0001768 | −0.125% | $924 | — | 5x | as long as short |
| Hyperliquid HMSTR | +0.1626% | 1h | 0.0001780 | +0.565% | $2.0M | $84K | 3x | as long as short |
| Kraken Futures PF_HMSTRUSD | +0.2180% | 1h | 0.0001772 | +0.085% | $10K | $5K | 10x | as long as short |
BingX HMSTR-USDT
KuCoin HMSTRUSDTM
Aster HMSTRUSDT
Binance HMSTRUSDT
Bybit HMSTRUSDT
OKX HMSTR-USDT-SWAP
Gate HMSTR_USDT
MEXC HMSTR_USDT
Variational Omni HMSTR
ApeX Omni HMSTRUSDT
Extended kHMSTR-USD
Hyperliquid HMSTR
Kraken Futures PF_HMSTRUSD