Funding arb · Price arb /

HIMS

RWAall HIMS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0054%/8h= −5.9% APRpaid last 24h −0.016%

Price spread now: Vest against KuCoin+0.068%7-day average — · you sell dearer than you buy

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

Long on KuCoin 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

The price spread pays, funding is against you. Vest is 0.068% dearer against KuCoin than usual: you sell high and buy low (spread +0.068% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin HIMSUSDTM	29.290	0.0100	pay 0.0100% / 8h	7h 25m	$136K	$22K	20x
Short	Vest HIMS-USD-PERP	29.310	0.0046	get 0.0006% / 1h	25m 06s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against KuCoin. 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 KuCoinbpFee VestbpOrdersPrice spread, now +0.068%Rate

Funding earned: −$11.41
Price spread: +0.068% → 0.000%: $6.83
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Vest: 1 bp × 2 orders: −$2
Net: −$18.58
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 19 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 KuCoin live order book, 19 min ago	32.46 bp	386.7 bp −$387	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	−0.0005%	1h	29.301	+0.039%	$2K	$2K	10x	as long as short
Aster HIMSUSDT	0.0000%	8h	29.294	+0.013%	$4K	$2K	20x	as long as short
Binance HIMSUSDT	0.0000%	8h	29.310	+0.068%	$990K	$2.6M	20x	as long as short
Bybit HIMSUSDT	0.0000%	8h	29.320	+0.102%	$299K	$117K	25x	as long as short
OKX HIMS-USDT-SWAP	0.0000%	8h	29.320	+0.102%	$289K	$182K	20x	as long as short
Gate HIMS_USDT	0.0000%	8h	29.294	+0.014%	$507K	$204K	25x	as long as short
Variational Omni HIMS	0.0000%	8h	29.305	+0.052%	$98K	$86K	—	as long as short
SunX HIMS-USDT	0.0000%	8h	29.292	+0.007%	—	$2.6M	10x	as long as short
HTX HIMS-USDT	0.0000%	8h	29.312	+0.075%	$6K	$37K	10x	as long as short
QFEX HIMS-USD	+0.0002%	1h	29.320	+0.102%	$1.4M	$714K	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	29.310	+0.068%	—	—	10x
tradeXYZ xyz:HIMS	+0.0050%	1h	29.290	0.000%	$3.3M	$1.6M	10x	as long as short
KuCoin HIMSUSDTMlong	+0.0100%	8h	29.290	long leg	$136K	$22K	20x
Injective HIMS/USDC PERP	+0.0220%	1h	29.610	+1.093%	$13K	$22K	5.5x	as long as short