Funding arb · Price arb /

HIMS

RWAall HIMS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h +0.014%

Price spread now: Vest against Gate−0.082%49s7-day average — · you buy dearer than you sell

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

Long on Gate 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 0.082% cheaper against Gate than usual: you would sell low and buy high (spread −0.082% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 6.0 days of funding at the current rate (+$1 a day). The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate HIMS_USDT	29.274	0	get 0.0000% / 8h	2h 51m	$506K	$198K	25x
Short	Vest HIMS-USD-PERP	29.250	0.0046	get 0.0006% / 1h	51m 36s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against Gate. 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 GatebpFee VestbpOrdersPrice spread, now −0.082%Rate

Funding earned: $9.59
Price spread: −0.082% → 0.000%: −$8.2
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Vest: 1 bp × 2 orders: −$2
Net: −$15.61
Costs to cover: 0.170%
Break-even: 18.4 days

Slippage unknown: Gate: live order book, 59 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 Gate live order book, 59 min ago	12.66 bp	201.7 bp −$202	doesn't fit	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
Nado HIMS-PERP	−0.0060%	1h	29.294	+0.067%	$2K	$2K	10x	as long as short
QFEX HIMS-USD	−0.0004%	1h	29.280	+0.020%	$1.3M	$524K	10x	as long as short
Aster HIMSUSDT	0.0000%	8h	29.294	+0.069%	$4K	$2K	20x	as long as short
Binance HIMSUSDT	0.0000%	8h	29.280	+0.022%	$969K	$2.6M	20x	as long as short
Bybit HIMSUSDT	0.0000%	8h	29.300	+0.089%	$295K	$125K	25x	as long as short
OKX HIMS-USDT-SWAP	0.0000%	8h	29.230	−0.150%	$287K	$174K	20x	as long as short
Gate HIMS_USDTlong	0.0000%	8h	29.274	long leg	$506K	$198K	25x
Variational Omni HIMS	0.0000%	8h	29.280	+0.020%	$98K	$78K	—	as long as short
SunX HIMS-USDT	0.0000%	8h	29.250	−0.082%	—	$2.4M	10x	as long as short
HTX HIMS-USDT	0.0000%	8h	29.245	−0.099%	$7K	$39K	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-PERPshort	+0.0046%	1h	29.250	−0.082%	—	—	10x
KuCoin HIMSUSDTM	+0.0100%	8h	29.260	−0.048%	$134K	$37K	20x	as long as short
tradeXYZ xyz:HIMS	+0.0191%	1h	29.280	+0.020%	$3.4M	$1.6M	10x	as long as short
Injective HIMS/USDC PERP	+0.0220%	1h	29.520	+0.840%	$13K	$22K	5.5x	as long as short