Funding arb · Price arb /

HMSTR

all HMSTR markets

Swap Backtest

Alert: funding

Alert: spread

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

Price spread now: Aster against Variational Omni+0.205%7-day average — · you sell dearer than you buy

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

Long on Variational Omni Short on Aster

What this pair did over the last

the charts below follow

Funding, last 3 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 · Aster: Stage 5 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.205% dearer against Variational Omni than usual: you sell high and buy low, +$21 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni HMSTR	0.0001771	0.0100	pay 0.0050% / 4h	56m 12s	$2K	$920	—
Short	Aster HMSTRUSDT	0.0001775	0.0100	get 0.0050% / 4h	56m 12s	$33K	$7K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Variational Omni. 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 Variational OmnibpFee AsterbpOrdersPrice spread, now +0.205%Rate

Funding earned: $0
Price spread: +0.205% → 0.000%: $20.55
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Aster: 4 bp × 2 orders: −$8
Net: $12.55
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: Variational Omni: no order-book sample; Aster: 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 Variational Omni no order-book sample	—	—	—	—	—
Sell Aster no order-book sample	—	—	—	—	—

Variational Omni and Aster: 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 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-USDT	+0.0070%	4h	0.0001774	+0.155%	—	$1.3M	—	as long as short
Aster HMSTRUSDTshort	+0.0100%	4h	0.0001775	+0.205%	$33K	$7K	5x
Binance HMSTRUSDT	+0.0100%	4h	0.0001775	+0.211%	$2.2M	$2.2M	10x	as long as short
Bybit HMSTRUSDT	+0.0100%	4h	0.0001775	+0.211%	$1.5M	$581K	25x	as long as short
OKX HMSTR-USDT-SWAP	+0.0100%	4h	0.0001776	+0.268%	$592K	$899K	10x	as long as short
Gate HMSTR_USDT	+0.0100%	4h	0.0001771	−0.015%	$389K	$130K	25x	as long as short
MEXC HMSTR_USDT	+0.0100%	4h	0.0001775	+0.211%	$390K	$116K	50x	as long as short
KuCoin HMSTRUSDTM	+0.0100%	4h	0.0001774	+0.155%	$247K	$60K	10x	as long as short
Variational Omni HMSTRlong	+0.0100%	4h	0.0001771	long leg	$2K	$920	—
ApeX Omni HMSTRUSDT	+0.0100%	1h	0.0001772	+0.042%	$13K	$613K	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	0.0001775	+0.190%	$923	—	5x	as long as short
Kraken Futures PF_HMSTRUSD	+0.0381%	1h	0.0001782	+0.582%	$10K	$11K	10x	as long as short
Hyperliquid HMSTR	+0.5150%	1h	0.0001780	+0.493%	$2.0M	$146K	3x	as long as short