HMSTR

Alert

Spread before costs (cost unknown: a leg has no order-book sample)−0.008%

7d average—if it closes, per $10,000$1funding while held, a day+$56.67

Long on Variational Omni Short on Kraken Futures

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni HMSTR	0.0001763	0.0100	pay 0.0050% / 4h	2h 23m	$2K	$2K	—
Short	Kraken Futures PF_HMSTRUSD	0.0001763	0.1989	get 0.0249% / 1h	23m 03s	$11K	$11K	10x

Price spread history

latest

Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Position, each leg$Hold forhoursFee Variational OmnibpFee Kraken FuturesbpOrdersClose when spread is

Spread captured: −$0.85
Funding while held: $56.67
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $45.82
Spread needed to break even: 0.100%

Slippage unknown: Variational Omni: no order-book sample; Kraken Futures: no order-book sample. Net counts fees only.

Cost of waiting

funding view

Funding /8h: +0.1889%
Per $10,000 a day: +$56.67
Average in range /8h: —

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 Kraken Futures no order-book sample	—	—	—	—	—

Variational Omni and Kraken Futures: 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 price on every exchange

against the cheapest. Click to use as the short leg.

Bybit0.0001760cheapest MEXC0.0001760cheapest KuCoin0.0001760cheapest Extended0.0001760+0.012%Binance0.0001760+0.023%Gate0.0001761+0.057%BingX0.0001761+0.057%Aster0.0001761+0.068%OKX0.0001762+0.114%ApeX Omni0.0001762+0.114%

Kraken Futures0.0001763+0.167%

Variational Omni0.0001763+0.176%

Hyperliquid0.0001770+0.568%

HMSTR on 13 venues

cheapest first. Swap a leg.

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Bybit HMSTRUSDT	−0.176%	+0.0100%	4h	$1.4M	$772K	25x	as long as short
MEXC HMSTR_USDT	−0.176%	+0.0100%	4h	$396K	$133K	50x	as long as short
KuCoin HMSTRUSDTM	−0.176%	+0.0100%	4h	$238K	$70K	10x	as long as short
Extended kHMSTR-USD	−0.163%	+0.0104%	1h	$918	—	5x	as long as short
Binance HMSTRUSDT	−0.153%	+0.0100%	4h	$2.2M	$3.3M	10x	as long as short
Gate HMSTR_USDT	−0.119%	+0.0100%	4h	$390K	$205K	25x	as long as short
BingX HMSTR-USDT	−0.119%	+0.0070%	4h	—	$1.3M	—	as long as short
Aster HMSTRUSDT	−0.108%	+0.0100%	4h	$33K	$10K	5x	as long as short
OKX HMSTR-USDT-SWAP	−0.062%	+0.0100%	4h	$584K	$1.4M	10x	as long as short
ApeX Omni HMSTRUSDT	−0.062%	+0.0100%	1h	$13K	$614K	50x	as long as short

Show all 13 venues

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Kraken Futures PF_HMSTRUSDshort	−0.008%	+0.1989%	1h	$11K	$11K	10x
Variational Omni HMSTRlong	0.000%	+0.0100%	4h	$2K	$2K	—
Hyperliquid HMSTR	+0.392%	+0.1974%	1h	$2.0M	$576K	3x	as long as short