HMSTR

Alert: funding

Alert: spread

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: MEXC against BingX−0.056%7-day average −0.019% · you buy dearer than you sell

Net, funding: paid 7d − costs−$57as in the Funding arb table

Net, price: spread back to 7d avg − costs−$64as in the Price arb table

costs, in and out, $10k−$600.599% of the position

Long on BingX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.024%+$2 on $10k

Price spread, last 4 days (all we have)+0.056%+$6 · spread now −0.056%, 7d avg −0.019%

Together, before fees+0.081%+$8 on $10k · with fees, hour by hour

Funding pays, the price is against you. MEXC is 0.038% cheaper against BingX than usual: you would sell low and buy high (spread −0.056% now, against its 7-day average of −0.019%). If the spread goes back, that is −$4 on $10k: about 4.2 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.024% in total) that is about 11 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX HMSTR-USDT	0.0001776	0.0070	pay 0.0035% / 4h	3h 38m	—	$1.3M	—
Short	MEXC HMSTR_USDT	0.0001775	0.0100	get 0.0050% / 4h	3h 38m	$390K	$114K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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

Position, each leg$Hold fordaysFee BingXbpFee MEXCbpOrdersPrice spread, now −0.056%Rate

Funding earned: $6.3
Price spread: −0.056% → −0.019%: −$3.77
Slippage, 4 orders: −$45.89
Fee BingX: 5 bp × 2 orders: −$10
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$57.36
Costs to cover: 0.599%
Break-even: 70.7 days

Slippage from BingX: live order book, 7 min ago; MEXC: live order book, 42 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, 7 min ago	5.61 bp	19.9 bp −$20	91.4 bp −$914	732.6 bp −$73.3K	doesn't fit
Sell MEXC live order book, 42 min ago	2.82 bp	11.3 bp −$11	63.0 bp −$630	155.1 bp −$15.5K	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-USDTlong	+0.0070%	4h	0.0001776	long leg	—	$1.3M	—
Aster HMSTRUSDT	+0.0100%	4h	0.0001776	+0.023%	$33K	$3K	5x	as long as short
Binance HMSTRUSDT	+0.0100%	4h	0.0001775	−0.034%	$2.2M	$1.9M	10x	as long as short
Bybit HMSTRUSDT	+0.0100%	4h	0.0001775	−0.056%	$1.5M	$596K	25x	as long as short
OKX HMSTR-USDT-SWAP	+0.0100%	4h	0.0001775	−0.056%	$620K	$737K	10x	as long as short
Gate HMSTR_USDT	+0.0100%	4h	0.0001776	0.000%	$413K	$242K	25x	as long as short
MEXC HMSTR_USDTshort	+0.0100%	4h	0.0001775	−0.056%	$390K	$114K	50x
KuCoin HMSTRUSDTM	+0.0100%	4h	0.0001775	−0.056%	$244K	$60K	10x	as long as short
Variational Omni HMSTR	+0.0100%	4h	0.0001775	−0.045%	$2K	$919	—	as long as short
ApeX Omni HMSTRUSDT	+0.0100%	1h	0.0001774	−0.113%	$13K	$607K	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	0.0001774	−0.094%	$930	—	5x	as long as short
Hyperliquid HMSTR	+0.0566%	1h	0.0001780	+0.225%	$2.0M	$108K	3x	as long as short
Kraken Futures PF_HMSTRUSD	+0.0953%	1h	0.0001771	−0.261%	$10K	$6K	10x	as long as short