Funding arb · Price arb /

HIMS

RWAall HIMS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h +0.014%

Price spread now: Vest against Bybit−0.102%7-day average — · you buy dearer than you sell

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

Long on Bybit Short on Vest

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 airdropVest: Active · farm boardneeds both histories

Funding pays, the price is against you. Vest is 0.102% cheaper against Bybit than usual: you would sell low and buy high (spread −0.102% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 7.5 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	Bybit HIMSUSDT	29.330	0	get 0.0000% / 8h	4h 16m	$296K	$120K	25x
Short	Vest HIMS-USD-PERP	29.300	0.0046	get 0.0006% / 1h	16m 49s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against Bybit. 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 BybitbpFee VestbpOrdersPrice spread, now −0.102%Rate

Funding earned: $9.59
Price spread: −0.102% → 0.000%: −$10.23
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Vest: 1 bp × 2 orders: −$2
Net: −$13.64
Costs to cover: 0.130%
Break-even: 17.0 days

Slippage unknown: Bybit: live order book, 32 min ago; 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 Bybit live order book, 32 min ago	8.53 bp	53.3 bp −$53	207.4 bp −$2,074	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

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
QFEX HIMS-USD	−0.0002%	1h	29.300	−0.102%	$1.3M	$561K	10x	as long as short
Aster HIMSUSDT	0.0000%	8h	29.304	−0.090%	$4K	$2K	20x	as long as short
Binance HIMSUSDT	0.0000%	8h	29.318	−0.042%	$965K	$2.6M	20x	as long as short
Bybit HIMSUSDTlong	0.0000%	8h	29.330	long leg	$296K	$120K	25x
OKX HIMS-USDT-SWAP	0.0000%	8h	29.300	−0.102%	$287K	$174K	20x	as long as short
Gate HIMS_USDT	0.0000%	8h	29.278	−0.177%	$506K	$201K	25x	as long as short
Variational Omni HIMS	0.0000%	8h	29.280	−0.172%	$98K	$78K	—	as long as short
SunX HIMS-USDT	0.0000%	8h	29.311	−0.065%	—	$2.4M	10x	as long as short
HTX HIMS-USDT	0.0000%	8h	29.316	−0.048%	$7K	$38K	10x	as long as short
Vest HIMS-USD-PERPshort	+0.0046%	1h	29.300	−0.102%	—	—	10x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:HIMS	+0.0050%	1h	29.310	−0.068%	$3.3M	$1.6M	10x	as long as short
KuCoin HIMSUSDTM	+0.0100%	8h	29.300	−0.102%	$135K	$35K	20x	as long as short
Nado HIMS-PERP	+0.0130%	1h	29.318	−0.041%	$2K	$2K	10x	as long as short
Injective HIMS/USDC PERP	+0.0220%	1h	29.580	+0.852%	$13K	$22K	5.5x	as long as short