Funding arb · Price arb /

HIMS

RWAall HIMS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against Aster+0.026%7-day average — · you sell dearer than you buy

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

Long on Aster Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: 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: Bybit is 0.026% dearer against Aster than usual: you sell high and buy low, +$3 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	Aster HIMSUSDT	29.282	0	get 0.0000% / 8h	7h 13m	$4K	$2K	20x
Short	Bybit HIMSUSDT	29.290	0	get 0.0000% / 8h	7h 13m	$298K	$117K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Aster. 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 AsterbpFee BybitbpOrdersPrice spread, now +0.026%Rate

Funding earned: $0
Price spread: +0.026% → 0.000%: $2.56
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$16.44
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; Bybit: live order book, 50 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 Aster no order-book sample	—	—	—	—	—
Sell Bybit live order book, 50 min ago	10.24 bp	42.1 bp −$42	205.5 bp −$2,055	doesn't fit	doesn't fit

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.

HIMS on 14 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
Nado HIMS-PERP	−0.0061%	1h	29.296	+0.048%	$2K	$2K	10x	as long as short
Aster HIMSUSDTlong	0.0000%	8h	29.282	long leg	$4K	$2K	20x
Binance HIMSUSDT	0.0000%	8h	29.298	+0.052%	$988K	$2.6M	20x	as long as short
Bybit HIMSUSDTshort	0.0000%	8h	29.290	+0.026%	$298K	$117K	25x
OKX HIMS-USDT-SWAP	0.0000%	8h	29.320	+0.128%	$289K	$182K	20x	as long as short
Gate HIMS_USDT	0.0000%	8h	29.284	+0.005%	$507K	$205K	25x	as long as short
Variational Omni HIMS	0.0000%	8h	29.285	+0.010%	$98K	$86K	—	as long as short
SunX HIMS-USDT	0.0000%	8h	29.292	+0.032%	—	$2.5M	10x	as long as short
HTX HIMS-USDT	0.0000%	8h	29.348	+0.224%	$7K	$37K	10x	as long as short
QFEX HIMS-USD	+0.0002%	1h	29.280	−0.009%	$1.4M	$659K	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest HIMS-USD-PERP	+0.0046%	1h	29.300	+0.060%	—	—	10x	as long as short
tradeXYZ xyz:HIMS	+0.0050%	1h	29.285	+0.009%	$3.3M	$1.6M	10x	as long as short
KuCoin HIMSUSDTM	+0.0100%	8h	29.290	+0.026%	$136K	$22K	20x	as long as short
Injective HIMS/USDC PERP	+0.0220%	1h	29.580	+1.016%	$13K	$22K	5.5x	as long as short