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 −0.002%

Price spread now: Variational Omni against Binance−0.051%7-day average — · you buy dearer than you sell

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

Long on Binance Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.051% cheaper against Binance than usual: you would sell low and buy high, −$5 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	Binance HIMSUSDT	29.280	0	get 0.0000% / 8h	6h 22m	$968K	$2.6M	20x
Short	Variational Omni HIMS	29.265	0	get 0.0000% / 8h	6h 22m	$98K	$78K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Binance. 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 BinancebpFee Variational OmnibpOrdersPrice spread, now −0.051%Rate

Funding earned: $0
Price spread: −0.051% → 0.000%: −$5.06
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$15.06
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 12 min ago; Variational Omni: 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 Binance live order book, 12 min ago	3.42 bp	16.7 bp −$17	49.6 bp −$496	doesn't fit	doesn't fit
Sell Variational Omni no order-book sample	—	—	—	—	—

Variational Omni: 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	−0.0176%	1h	29.278	−0.008%	$2K	$2K	10x	as long as short
Aster HIMSUSDT	0.0000%	8h	29.271	−0.032%	$4K	$2K	20x	as long as short
Binance HIMSUSDTlong	0.0000%	8h	29.280	long leg	$968K	$2.6M	20x
Bybit HIMSUSDT	0.0000%	8h	29.270	−0.034%	$297K	$118K	25x	as long as short
OKX HIMS-USDT-SWAP	0.0000%	8h	29.220	−0.205%	$287K	$174K	20x	as long as short
Gate HIMS_USDT	0.0000%	8h	29.264	−0.055%	$506K	$204K	25x	as long as short
Variational Omni HIMSshort	0.0000%	8h	29.265	−0.051%	$98K	$78K	—
SunX HIMS-USDT	0.0000%	8h	29.247	−0.113%	—	$2.5M	10x	as long as short
HTX HIMS-USDT	0.0000%	8h	29.261	−0.065%	$7K	$38K	10x	as long as short
QFEX HIMS-USD	+0.0003%	1h	29.260	−0.068%	$1.3M	$619K	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	29.260	−0.068%	—	—	10x	as long as short
tradeXYZ xyz:HIMS	+0.0050%	1h	29.261	−0.065%	$3.3M	$1.6M	10x	as long as short
KuCoin HIMSUSDTM	+0.0100%	8h	29.260	−0.068%	$132K	$32K	20x	as long as short
Injective HIMS/USDC PERP	+0.0220%	1h	29.550	+0.922%	$13K	$22K	5.5x	as long as short