Funding arb · Price arb /

HIMS

RWAall HIMS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0208%/8h= +22.7% APRpaid last 24h +0.009%

Price spread now: tradeXYZ against Aster−0.006%7-day average — · you buy dearer than you sell

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

Long on Aster Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 6 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 · tradeXYZ: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$6 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster HIMSUSDT	29.139	0	get 0.0000% / 8h	1h 18m	$4K	$2K	20x
Short	tradeXYZ xyz:HIMS	29.137	0.0208	get 0.0026% / 1h	18m 00s	$3.4M	$1.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.006%Rate

Funding earned: $43.62
Price spread: −0.006% → 0.000%: −$0.58
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: $17.04
Costs to cover: 0.260%
Break-even: 4.3 days

Slippage unknown: Aster: no order-book sample; tradeXYZ: live order book, 10 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 tradeXYZ live order book, 10 min ago	2.58 bp	17.6 bp −$18	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
Aster HIMSUSDTlong	0.0000%	8h	29.139	long leg	$4K	$2K	20x
Binance HIMSUSDT	0.0000%	8h	29.150	+0.039%	$963K	$2.7M	20x	as long as short
Bybit HIMSUSDT	0.0000%	8h	29.140	+0.004%	$291K	$137K	25x	as long as short
OKX HIMS-USDT-SWAP	0.0000%	8h	29.100	−0.133%	$281K	$130K	20x	as long as short
Gate HIMS_USDT	0.0000%	8h	29.141	+0.008%	$506K	$205K	25x	as long as short
Variational Omni HIMS	0.0000%	8h	29.140	+0.004%	$97K	$78K	—	as long as short
SunX HIMS-USDT	0.0000%	8h	29.114	−0.085%	—	$2.4M	10x	as long as short
HTX HIMS-USDT	0.0000%	8h	29.115	−0.081%	$7K	$39K	10x	as long as short
QFEX HIMS-USD	+0.0004%	1h	29.130	−0.030%	$1.3M	$528K	10x	as long as short
Vest HIMS-USD-PERP	+0.0046%	1h	29.120	−0.064%	—	—	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	29.140	+0.004%	$136K	$48K	20x	as long as short
Nado HIMS-PERP	+0.0101%	1h	29.134	−0.015%	$2K	$2K	10x	as long as short
tradeXYZ xyz:HIMSshort	+0.0208%	1h	29.137	−0.006%	$3.4M	$1.6M	10x
Injective HIMS/USDC PERP	+0.0220%	1h	29.470	+1.137%	$13K	$22K	5.5x	as long as short