Question 1

Which exchange has the highest HMSTR funding rate right now?

Accepted Answer

Binance Futures shows the highest HMSTR funding at +10.96% annualized. A high positive rate means shorts get paid, so this is the venue to short HMSTR when running a funding-arbitrage pair. Rates change every settlement window — check the live screener for the current value.

Question 2

Which exchange is best to long HMSTR for funding?

Accepted Answer

Crypto.com has the lowest HMSTR funding at -28.82% annualized, which makes the long leg cheapest (or paid). Pair it with the highest-funding venue to capture the spread delta-neutral.

Question 3

What is the best HMSTR funding-arbitrage pair?

Accepted Answer

The widest spread is long Crypto.com / short Binance Futures at about 39.8% APR before costs. Verify it in the ORBIT backtester, which subtracts real fees and slippage, before sizing a position.

Question 4

How often does HMSTR funding settle?

Accepted Answer

HMSTR funding settles on different schedules by venue (1h, 4h). Longer intervals concentrate the same annualized rate into fewer, larger payments. ORBIT normalizes every venue to a common APR so they are directly comparable.

Question 5

Is HMSTR funding positive or negative?

Accepted Answer

HMSTR funding is mixed across venues, ranging -28.82% to +10.96% APR — which is exactly what creates the cross-exchange arbitrage opportunity.

Question 6

What is the current HMSTR perpetual swap funding rate?

Accepted Answer

The current HMSTR perpetual swap funding rate ranges from -28.82% to +10.96% annualized depending on the exchange — Crypto.com is lowest and Binance Futures is highest right now. There is no single HMSTR funding rate: every venue runs its own funding formula and order book, which is why the rate has to be read by exchange rather than as one number.

Question 7

What is the aggregated HMSTR funding rate across exchanges?

Accepted Answer

Aggregated across the 19 venues ORBIT tracks, HMSTR funding currently spans -28.82% to +10.96% APR, a spread of 39.8 percentage points. An aggregated average hides the part that matters for trading — the gap between the cheapest and dearest venue — so the table above lists each exchange separately.

Question 8

How do I read the HMSTR 8h funding rate versus the annualized rate?

Accepted Answer

HMSTR does not settle on an 8-hour schedule on the venues tracked here. Because intervals differ by exchange, comparing raw per-payment rates is misleading; ORBIT normalizes each venue to annualized APR so the numbers are directly comparable.

Exchange	Funding APR↓	Interval	Open Interest↕	Mark Price↕
Binance FuturesBest Short	+10.96%	4h	$2.3M	$0.0002
Bybit	+10.96%	4h	$1.6M	$0.0002
OKX	+10.96%	4h	$594K	$0.0002
Hyperliquid	+10.96%	1h	$753K	$0.0002
Gate.io	+10.96%	4h	$142K	$0.0002
KuCoin	+10.96%	4h	$234K	$0.0002
MEXC	+10.96%	4h	$337K	$0.0002
Aster	+10.96%	4h	$38K	$0.0002
ApeX	+10.96%	1h	$16K	$0.0002
Variational	+10.96%	4h	$0K	$0.0002
Toobit	+10.96%	4h	$268K	$0.0002
Bitunix	+10.96%	4h	—	$0.0002
WEEX	+10.96%	4h	$412K	$0.0002
Pionex	+10.96%	4h	$2K	$0.0002
LBank	+10.96%	4h	—	$0.0002
dreamcash	+10.96%	1h	$753K	$0.0002
Ventuals	+10.96%	1h	$753K	$0.0002
BingX	+7.67%	4h	$1.1M	$0.0002
Crypto.comBest Long	-28.82%	1h	$4K	$0.0002

HMSTR Perpetual Swap Funding Rate by Exchange

How HMSTR funding actually paid this week

Funding Rates by Exchange

Funding Rates by Exchange

HMSTR funding rates explained

Frequently asked questions