Funding arb · Price arb /

HIMS

RWAall HIMS markets

Swap Backtest

Alert: funding

Alert: spread

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

Price spread now: Gate against Aster+0.087%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 Gate

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: Gate is 0.087% dearer against Aster than usual: you sell high and buy low, +$9 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	29.224	0	get 0.0000% / 8h	1h 42m	$4K	$2K	20x
Short	Gate HIMS_USDT	29.249	0	get 0.0000% / 8h	1h 42m	$505K	$208K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.087%Rate

Funding earned: $0
Price spread: +0.087% → 0.000%: $8.71
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$14.29
Costs to cover: 0.230%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; Gate: live order book, 38 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 Gate live order book, 38 min ago	26.66 bp	232.4 bp −$232	doesn't fit	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
QFEX HIMS-USD	−0.0016%	1h	29.270	+0.159%	$1.3M	$646K	10x	as long as short
Aster HIMSUSDTlong	0.0000%	8h	29.224	long leg	$4K	$2K	20x
Bybit HIMSUSDT	0.0000%	8h	29.260	+0.125%	$299K	$118K	25x	as long as short
OKX HIMS-USDT-SWAP	0.0000%	8h	29.270	+0.159%	$289K	$187K	20x	as long as short
Gate HIMS_USDTshort	0.0000%	8h	29.249	+0.087%	$505K	$208K	25x
Variational Omni HIMS	0.0000%	8h	29.263	+0.133%	$97K	$87K	—	as long as short
SunX HIMS-USDT	0.0000%	8h	29.257	+0.114%	—	$2.6M	10x	as long as short
HTX HIMS-USDT	0.0000%	8h	29.192	−0.108%	$7K	$38K	10x	as long as short
Binance HIMSUSDT	+0.0033%	8h	29.275	+0.177%	$1.0M	$2.7M	20x	as long as short
Vest HIMS-USD-PERP	+0.0046%	1h	29.280	+0.193%	—	—	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin HIMSUSDTM	+0.0100%	8h	29.240	+0.056%	$136K	$22K	20x	as long as short
Injective HIMS/USDC PERP	+0.0220%	1h	29.580	+1.220%	$13K	$22K	5.5x	as long as short
tradeXYZ xyz:HIMS	+0.0239%	1h	29.251	+0.094%	$3.3M	$1.7M	10x	as long as short
Nado HIMS-PERP	+0.0490%	1h	29.260	+0.123%	$2K	$2K	10x	as long as short