Funding arb · Price arb /

HIMS

RWAall HIMS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h +0.014%

Price spread now: Vest against HTX−0.187%7-day average — · you buy dearer than you sell

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

Long on HTX 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 0.187% cheaper against HTX than usual: you would sell low and buy high (spread −0.187% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$19 on $10k: about 14 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	HTX HIMS-USDT	29.365	0	get 0.0000% / 8h	7h 53m	$7K	$37K	10x
Short	Vest HIMS-USD-PERP	29.310	0.0046	get 0.0006% / 1h	53m 59s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against HTX. 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 HTXbpFee VestbpOrdersPrice spread, now −0.187%Rate

Funding earned: $9.59
Price spread: −0.187% → 0.000%: −$18.73
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Vest: 1 bp × 2 orders: −$2
Net: −$23.14
Costs to cover: 0.140%
Break-even: 23.9 days

Slippage unknown: HTX: 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 HTX no order-book sample	—	—	—	—	—
Sell Vest no order-book sample	—	—	—	—	—

HTX 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
Aster HIMSUSDT	0.0000%	8h	29.274	−0.310%	$4K	$2K	20x	as long as short
Bybit HIMSUSDT	0.0000%	8h	29.290	−0.255%	$298K	$117K	25x	as long as short
OKX HIMS-USDT-SWAP	0.0000%	8h	29.300	−0.221%	$289K	$183K	20x	as long as short
Gate HIMS_USDT	0.0000%	8h	29.284	−0.276%	$506K	$202K	25x	as long as short
Variational Omni HIMS	0.0000%	8h	29.296	−0.235%	$98K	$86K	—	as long as short
SunX HIMS-USDT	0.0000%	8h	29.275	−0.306%	—	$2.6M	10x	as long as short
HTX HIMS-USDTlong	0.0000%	8h	29.365	long leg	$7K	$37K	10x
QFEX HIMS-USD	+0.0002%	1h	29.320	−0.153%	$1.4M	$732K	10x	as long as short
Binance HIMSUSDT	+0.0009%	8h	29.296	−0.236%	$987K	$2.7M	20x	as long as short
Vest HIMS-USD-PERPshort	+0.0046%	1h	29.310	−0.187%	—	—	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	29.301	−0.218%	$3.3M	$1.7M	10x	as long as short
Nado HIMS-PERP	+0.0066%	1h	29.276	−0.305%	$2K	$2K	10x	as long as short
KuCoin HIMSUSDTM	+0.0100%	8h	29.290	−0.255%	$136K	$22K	20x	as long as short
Injective HIMS/USDC PERP	+0.0220%	1h	29.590	+0.766%	$13K	$22K	5.5x	as long as short