Funding arb · Price arb /

HMSTR

all HMSTR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Variational Omni against MEXC+0.002%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on MEXC Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC HMSTR_USDT	0.0001748	0.0100	pay 0.0050% / 4h	49m 28s	$371K	$109K	50x
Short	Variational Omni HMSTR	0.0001748	0.0100	get 0.0050% / 4h	49m 28s	$2K	$116	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now +0.002%Rate

Funding earned: $0
Price spread: +0.002% → 0.000%: $0.21
Slippage, 4 orders: no order book: not counted
Fee MEXC: 2 bp × 2 orders: −$4
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$3.79
Costs to cover: 0.040%
Break-even: never at this rate

Slippage unknown: MEXC: live order book, 47 min ago; Variational Omni: no order-book sample. Net counts fees only.

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, 47 min ago	2.84 bp	9.9 bp −$10	65.6 bp −$656	150.3 bp −$15.0K	6835.0 bp −$3.42M
Sell Variational Omni no order-book sample	—	—	—	—	—

Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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-USDT	+0.0070%	4h	0.0001746	−0.114%	—	$1.3M	—	as long as short
Aster HMSTRUSDT	+0.0100%	4h	0.0001749	+0.074%	$32K	$3K	5x	as long as short
Binance HMSTRUSDT	+0.0100%	4h	0.0001749	+0.051%	$2.2M	$1.7M	10x	as long as short
Bybit HMSTRUSDT	+0.0100%	4h	0.0001748	0.000%	$1.4M	$533K	25x	as long as short
OKX HMSTR-USDT-SWAP	+0.0100%	4h	0.0001751	+0.172%	$589K	$689K	10x	as long as short
Gate HMSTR_USDT	+0.0100%	4h	0.0001749	+0.057%	$400K	$240K	25x	as long as short
MEXC HMSTR_USDTlong	+0.0100%	4h	0.0001748	long leg	$371K	$109K	50x
KuCoin HMSTRUSDTM	+0.0100%	4h	0.0001749	+0.057%	$246K	$63K	10x	as long as short
Variational Omni HMSTRshort	+0.0100%	4h	0.0001748	+0.002%	$2K	$116	—
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	+0.013%	$915	—	5x	as long as short
Hyperliquid HMSTR	+0.0643%	1h	0.0001760	+0.686%	$1.9M	$65K	3x	as long as short
Kraken Futures PF_HMSTRUSD	+0.1251%	1h	0.0001751	+0.189%	$10K	$5K	10x	as long as short