HMSTR

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: BingX against MEXC+0.227%7-day average +0.017% · you sell dearer than you buy

Net, funding: paid 7d − costs−$58as in the Funding arb table

Net, price: spread back to 7d avg − costs−$36as in the Price arb table

costs, in and out, $10k−$570.565% of the position

Long on MEXC Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.019%−$2 on $10k

Price spread, last 4 days (all we have)−0.197%−$20 · spread now +0.227%, 7d avg +0.017%

Together, before fees−0.216%−$22 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BingX is 0.210% dearer against MEXC than usual: you sell high and buy low (spread +0.227% now, against its 7-day average of +0.017%): +$21 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 23 days. At the pace of the last 7 days (−0.019% in total) that is about 3 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC HMSTR_USDT	0.0001765	0.0100	pay 0.0050% / 4h	2h 33m	$383K	$114K	50x
Short	BingX HMSTR-USDT	0.0001769	0.0070	get 0.0035% / 4h	2h 33m	—	$1.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against MEXC. 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 MEXCbpFee BingXbpOrdersPrice spread, now +0.227%Rate

Funding earned: −$6.3
Price spread: +0.227% → +0.017%: $21
Slippage, 4 orders: −$42.54
Fee MEXC: 2 bp × 2 orders: −$4
Fee BingX: 5 bp × 2 orders: −$10
Net: −$41.84
Costs to cover: 0.565%
Break-even: never at this rate

Slippage from MEXC: live order book, 62 min ago; BingX: live order book, 8 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 MEXC live order book, 62 min ago	2.79 bp	9.1 bp −$9	61.4 bp −$614	150.4 bp −$15.0K	3077.6 bp −$1.54M
Sell BingX live order book, 8 min ago	5.66 bp	18.3 bp −$18	104.0 bp −$1,040	647.2 bp −$64.7K	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-USDTshort	+0.0070%	4h	0.0001769	+0.227%	—	$1.3M	—
Aster HMSTRUSDT	+0.0100%	4h	0.0001768	+0.159%	$33K	$6K	5x	as long as short
Binance HMSTRUSDT	+0.0100%	4h	0.0001766	+0.034%	$2.2M	$1.9M	10x	as long as short
Bybit HMSTRUSDT	+0.0100%	4h	0.0001766	+0.057%	$1.5M	$593K	25x	as long as short
OKX HMSTR-USDT-SWAP	+0.0100%	4h	0.0001766	+0.057%	$611K	$740K	10x	as long as short
Gate HMSTR_USDT	+0.0100%	4h	0.0001767	+0.113%	$404K	$227K	25x	as long as short
MEXC HMSTR_USDTlong	+0.0100%	4h	0.0001765	long leg	$383K	$114K	50x
KuCoin HMSTRUSDTM	+0.0100%	4h	0.0001767	+0.113%	$252K	$54K	10x	as long as short
Variational Omni HMSTR	+0.0100%	4h	0.0001771	+0.353%	$2K	$919	—	as long as short
ApeX Omni HMSTRUSDT	+0.0100%	1h	0.0001773	+0.453%	$13K	$605K	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	0.0001765	+0.008%	$922	—	5x	as long as short
Hyperliquid HMSTR	+0.1267%	1h	0.0001770	+0.283%	$1.9M	$116K	3x	as long as short
Kraken Futures PF_HMSTRUSD	+0.2882%	1h	0.0001770	+0.257%	$10K	$6K	10x	as long as short