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: OKX against BingX+0.114%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$1031.033% of the position
Funding, last 7 days+0.040%+$4 on $10k
+Price spread, last 4 days (all we have)+0.020%+$2 · spread now +0.114%, 7d avg +0.011%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and OKX is 0.104% dearer against BingX than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.011%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX HMSTR-USDT | 0.0001748 | 0.0070 | pay 0.0035% / 4h | 48m 53s | — | $1.3M | — |
| Short | OKX HMSTR-USDT-SWAP | 0.0001750 | 0.0100 | get 0.0050% / 4h | 48m 53s | $590K | $695K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: +0.114% → +0.011%
- $10.36
- Slippage, 4 orders
- −$83.29
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$86.63
- Costs to cover
- 1.033%
- Break-even
- 103.3 days
Slippage from BingX: live order book, 5 min ago; OKX: live order book, 55 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, 5 min ago | 5.71 bp | 19.4 bp −$19 | 68.9 bp −$689 | 713.2 bp −$71.3K | doesn't fit |
| Sell OKX live order book, 55 min ago | 2.83 bp | 32.7 bp −$33 | 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 | 0.0001748 | long leg | — | $1.3M | — | |
| Aster HMSTRUSDT | +0.0100% | 4h | 0.0001749 | +0.063% | $32K | $3K | 5x | as long as short |
| Binance HMSTRUSDT | +0.0100% | 4h | 0.0001749 | +0.057% | $2.2M | $1.7M | 10x | as long as short |
| Bybit HMSTRUSDT | +0.0100% | 4h | 0.0001749 | +0.057% | $1.4M | $533K | 25x | as long as short |
| OKX HMSTR-USDT-SWAPshort | +0.0100% | 4h | 0.0001750 | +0.114% | $590K | $695K | 10x | |
| Gate HMSTR_USDT | +0.0100% | 4h | 0.0001747 | −0.057% | $399K | $240K | 25x | as long as short |
| MEXC HMSTR_USDT | +0.0100% | 4h | 0.0001748 | 0.000% | $369K | $110K | 50x | as long as short |
| KuCoin HMSTRUSDTM | +0.0100% | 4h | 0.0001747 | −0.057% | $246K | $63K | 10x | as long as short |
| Variational Omni HMSTR | +0.0100% | 4h | 0.0001748 | +0.002% | $2K | $116 | — | as long as short |
| ApeX Omni HMSTRUSDT | +0.0100% | 1h | 0.0001748 | 0.000% | $13K | $609K | 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 | 0.0001748 | +0.023% | $915 | — | 5x | as long as short |
| Hyperliquid HMSTR | +0.0652% | 1h | 0.0001760 | +0.686% | $1.9M | $65K | 3x | as long as short |
| Kraken Futures PF_HMSTRUSD | +0.1254% | 1h | 0.0001748 | −0.006% | $10K | $5K | 10x | as long as short |
BingX HMSTR-USDT
OKX HMSTR-USDT-SWAP
Aster HMSTRUSDT
Binance HMSTRUSDT
Bybit HMSTRUSDT
Gate HMSTR_USDT
MEXC HMSTR_USDT
KuCoin HMSTRUSDTM
Variational Omni HMSTR
ApeX Omni HMSTRUSDT
Extended kHMSTR-USD
Hyperliquid HMSTR
Kraken Futures PF_HMSTRUSD