Funding arb · Price arb /

HIMS

RWAall HIMS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0033%/8h= −3.6% APRpaid last 24h −0.064%

Price spread now: HTX against Injective−0.853%7-day average — · you buy dearer than you sell

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

Long on Injective Short on HTX

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—needs both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and HTX is 0.853% cheaper against Injective than usual: you would sell low and buy high (−$85 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective HIMS/USDC PERP	29.430	0.0033	pay 0.0004% / 1h	30m 32s	$13K	$22K	5.5x
Short	HTX HIMS-USDT	29.179	0	get 0.0000% / 8h	4h 30m	$6K	$39K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Injective. 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 InjectivebpFee HTXbpOrdersPrice spread, now −0.853%Rate

Funding earned: −$7
Price spread: −0.853% → 0.000%: −$85.29
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee HTX: 6 bp × 2 orders: −$12
Net: −$104.31
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Injective: no order-book sample; HTX: 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 Injective no order-book sample	—	—	—	—	—
Sell HTX no order-book sample	—	—	—	—	—

Injective and HTX: 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 exchanges

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	29.135	−1.001%	$4K	$2K	20x	as long as short
Binance HIMSUSDT	0.0000%	8h	29.160	−0.917%	$978K	$2.9M	20x	as long as short
Bybit HIMSUSDT	0.0000%	8h	29.160	−0.917%	$290K	$140K	25x	as long as short
OKX HIMS-USDT-SWAP	0.0000%	8h	29.120	−1.053%	$280K	$125K	20x	as long as short
Gate HIMS_USDT	0.0000%	8h	29.147	−0.962%	$511K	$241K	25x	as long as short
Variational Omni HIMS	0.0000%	8h	29.157	−0.929%	$97K	$75K	—	as long as short
SunX HIMS-USDT	0.0000%	8h	29.144	−0.972%	—	$1.6M	10x	as long as short
HTX HIMS-USDTshort	0.0000%	8h	29.179	−0.853%	$6K	$39K	10x
QFEX HIMS-USD	+0.0011%	1h	29.140	−0.985%	$1.3M	$506K	10x	as long as short
Injective HIMS/USDC PERPlong	+0.0033%	1h	29.430	long leg	$13K	$22K	5.5x

Show all 14 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest HIMS-USD-PERP	+0.0046%	1h	29.170	−0.883%	—	—	10x	as long as short
Nado HIMS-PERP	+0.0068%	1h	29.171	−0.882%	$2K	$2K	10x	as long as short
KuCoin HIMSUSDTM	+0.0100%	8h	29.140	−0.985%	$132K	$273K	20x	as long as short
tradeXYZ xyz:HIMS	+0.0184%	1h	29.158	−0.924%	$3.6M	$1.7M	10x	as long as short