Funding arb · Price arb /

HIMS

RWAall HIMS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h +0.014%

Price spread now: Vest against Aster−0.098%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 Vest

What this pair did over the last

the charts below follow

Funding, last 4 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 · Vest: Active · farm boardneeds both histories

Funding pays, the price is against you. Vest is 0.098% cheaper against Aster than usual: you would sell low and buy high (spread −0.098% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 7.2 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster HIMSUSDT	29.018	0	get 0.0000% / 8h	7h 44m	$4K	$2K	20x
Short	Vest HIMS-USD-PERP	28.990	0.0046	get 0.0006% / 1h	44m 53s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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 VestbpOrdersPrice spread, now −0.098%Rate

Funding earned: $9.59
Price spread: −0.098% → 0.000%: −$9.82
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Vest: 1 bp × 2 orders: −$2
Net: −$10.23
Costs to cover: 0.100%
Break-even: 14.5 days

Slippage unknown: Aster: no order-book sample; Vest: no order-book sample. 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 Vest no order-book sample	—	—	—	—	—

Aster and Vest: 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	−0.0360%	1h	29.042	+0.082%	$2K	$2K	10x	as long as short
tradeXYZ xyz:HIMS	−0.0126%	1h	29.023	+0.016%	$3.3M	$1.6M	10x	as long as short
QFEX HIMS-USD	−0.0008%	1h	29.000	−0.064%	$1.3M	$552K	10x	as long as short
Aster HIMSUSDTlong	0.0000%	8h	29.018	long leg	$4K	$2K	20x
Binance HIMSUSDT	0.0000%	8h	29.040	+0.074%	$967K	$2.7M	20x	as long as short
Bybit HIMSUSDT	0.0000%	8h	29.030	+0.040%	$288K	$138K	25x	as long as short
OKX HIMS-USDT-SWAP	0.0000%	8h	29.050	+0.109%	$280K	$127K	20x	as long as short
Gate HIMS_USDT	0.0000%	8h	28.988	−0.105%	$502K	$201K	25x	as long as short
Variational Omni HIMS	0.0000%	8h	29.000	−0.063%	$97K	$76K	—	as long as short
SunX HIMS-USDT	0.0000%	8h	29.019	+0.002%	—	$2.3M	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX HIMS-USDT	0.0000%	8h	28.982	−0.126%	$7K	$39K	10x	as long as short
Vest HIMS-USD-PERPshort	+0.0046%	1h	28.990	−0.098%	—	—	10x
KuCoin HIMSUSDTM	+0.0100%	8h	29.000	−0.064%	$131K	$85K	20x	as long as short
Injective HIMS/USDC PERP	+0.0220%	1h	29.410	+1.349%	$13K	$22K	5.5x	as long as short