HMSTR Funding Rate — live across 7 venues

Perpetual funding · compared across 7 venues · net of estimated fees · updated every few minutes

Live annualized HMSTR perpetual funding across all 7 venues Perpia tracks. Right now HMSTR funding is positive on 7 and negative on 0, ranging from +10.9% on Gate.io to +2.6% on BingX — a spread of 8.3%. The widest delta-neutral trade is long BingX / short Gate.io at 4.4% net APR.

7venues

7paying positive

8.3%funding spread

Best HMSTR spread now

4.4%

net APR after fees

LongBingX↗→ShortGate.io↗

size depends on live venue depth — see the real cap in the scanner

HMSTR funding trend & liquidity

168h of history

8.3%current gross APR

17.4%24h average

15.7%7-day average

$232Kpair OI · lower leg

$34K24h volume · lower leg

Averages are historical funding over the window shown. A current rate near the 7-day average may indicate the spread has persisted; a rate far above it is usually a short-lived spike. OI and volume are the smaller (binding) leg of the best pair — the ceiling on tradeable size.

HMSTR · BingX → Gate.io — no history

Loading HMSTR rate history…

Build a route

any two of the 7 venues

Long (pays you)every 4hShort (you collect)every 4h

Gross spread+8.3%+$2.28 / day on $10,000

Widest routes

This is the widest route right now. The number is gross: fees, the entry spread and slippage are not in it, and both legs must be tradeable for you. The scanner carries the same pairs net of costs.

Venues: pick the two legs

sorted by rate · 7 venues

Venue	Funding APR ↓	Interval
Gate.io↗short	+10.9%	every 4h
Bybit↗	+10.9%	every 4h
Binance↗	+10.9%	every 4h
MEXC↗	+10.9%	every 4h
KuCoin↗	+10.9%	every 4h
OKX↗	+5.2%	every 4h
BingX↗long	+2.6%	every 4h

Rates annualized; updated ~every few minutes from live venue data. Venue names link to that exchange's full funding table; ↗ opens the market on the exchange itself. Every spread between these two venues is on the BingX vs Gate.io page. 9 pairs scanned for HMSTR.

HMSTR arbitrage — 30-day backtest

long BingX · short Gate.io

8.5%backtested APR

+$70historical net P&L on $10,000

0.02%max drawdown

$10,000$10,070

30 days agostarting capital $10,000today

Over the last 30 days, holding long BingX / short Gate.io would have produced 8.5% APR — versus the 4.4% the live spread implies right now (equity $10,000 → $10,070). This is a backtest on historical funding, not a live result: funding drifts and decays, so backtested results rarely match the current headline rate — which is why size and holding window matter more than the top-line number.

Open full interactive backtest →

Loading HMSTR backtest…

HMSTR — FAQ

Is HMSTR funding positive right now?

HMSTR perpetual funding is positive on 7 of 7 venues Perpia tracks. The highest is +10.9% on Gate.io; the lowest is +2.6% on BingX.

What is the best HMSTR funding arbitrage right now?

Go long BingX and short Gate.io for about 4.4% net APR after fees — the widest delta-neutral HMSTR spread Perpia currently sees.

Which exchange has the highest HMSTR funding rate?

Gate.io, at +10.9% annualized. Funding shifts continuously, so check the live table above before trading.

How HMSTR funding arbitrage works

Funding arbitrage combines opposing positions on two venues — long the one paying the most negative funding, short the one paying the most positive — to reduce directional exposure and capture the difference between their funding payments. Fees, slippage, basis divergence and liquidation risk can reduce the result. See the methodology for how it is measured and the guide for the full walkthrough.

Markets related to HMSTR

also quoted on both BingX and Gate.io

The same two exchanges you would already have funded for the HMSTR trade. Every spread between them is on the BingX vs Gate.io page.

Open the live scanner →All funding rates Funding by exchange How we calculate this