Funding arb · Price arb /

HMSTR

all HMSTR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against Variational Omni−0.009%7-day average — · you buy dearer than you sell

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

Long on Variational Omni Short on Binance

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 · farm boardneeds both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni HMSTR	0.0001769	0.0100	pay 0.0050% / 4h	1h 38m	$2K	$919	—
Short	Binance HMSTRUSDT	0.0001768	0.0100	get 0.0050% / 4h	1h 38m	$2.2M	$2.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now −0.009%Rate

Funding earned: $0
Price spread: −0.009% → 0.000%: −$0.88
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Binance: 5 bp × 2 orders: −$10
Net: −$10.88
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Variational Omni: no order-book sample; Binance: live order book, 11 min ago. 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 Binance live order book, 11 min ago	5.65 bp	23.1 bp −$23	155.9 bp −$1,559	doesn't fit	doesn't fit

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 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	0.0001769	+0.019%	—	$1.3M	—	as long as short
Aster HMSTRUSDT	+0.0100%	4h	0.0001769	+0.042%	$33K	$7K	5x	as long as short
Binance HMSTRUSDTshort	+0.0100%	4h	0.0001768	−0.009%	$2.2M	$2.0M	10x
Bybit HMSTRUSDT	+0.0100%	4h	0.0001768	−0.037%	$1.4M	$608K	25x	as long as short
OKX HMSTR-USDT-SWAP	+0.0100%	4h	0.0001769	+0.019%	$598K	$772K	10x	as long as short
Gate HMSTR_USDT	+0.0100%	4h	0.0001769	+0.019%	$404K	$163K	25x	as long as short
MEXC HMSTR_USDT	+0.0100%	4h	0.0001768	−0.037%	$386K	$117K	50x	as long as short
KuCoin HMSTRUSDTM	+0.0100%	4h	0.0001769	+0.019%	$257K	$48K	10x	as long as short
Variational Omni HMSTRlong	+0.0100%	4h	0.0001769	long leg	$2K	$919	—
ApeX Omni HMSTRUSDT	+0.0100%	1h	0.0001769	+0.019%	$13K	$610K	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	0.0001769	−0.008%	$923	—	5x	as long as short
Hyperliquid HMSTR	+0.1792%	1h	0.0001780	+0.641%	$2.0M	$116K	3x	as long as short
Kraken Futures PF_HMSTRUSD	+0.2267%	1h	0.0001762	−0.382%	$10K	$7K	10x	as long as short