Funding arb · Price arb /

HIMS

RWAall HIMS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%

Price spread now: Binance against SunX+0.085%7-day average +0.014% · you sell dearer than you buy

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

Long on SunX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.056%−$6 on $10k

Price spread, last 4 days (all we have)−0.053%−$5 · spread now +0.085%, 7d avg +0.014%

Together, before fees−0.110%−$11 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.072% dearer against SunX than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.014%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX HIMS-USDT	29.245	0	get 0.0000% / 8h	5h 36m	—	$2.4M	10x
Short	Binance HIMSUSDT	29.270	0	get 0.0000% / 8h	5h 36m	$967K	$2.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against SunX. 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 SunXbpFee BinancebpOrdersPrice spread, now +0.085%Rate

Funding earned: $0
Price spread: +0.085% → +0.014%: $7.19
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$10.81
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 11 min ago; Binance: live order book, 14 min ago. 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 SunX live order book, 11 min ago	500.11 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 14 min ago	1.71 bp	12.5 bp −$13	38.6 bp −$386	doesn't fit	doesn't fit

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	−0.0290%	1h	29.288	+0.147%	$2K	$2K	10x	as long as short
QFEX HIMS-USD	−0.0010%	1h	29.260	+0.051%	$1.3M	$581K	10x	as long as short
Aster HIMSUSDT	0.0000%	8h	29.266	+0.071%	$4K	$2K	20x	as long as short
Binance HIMSUSDTshort	0.0000%	8h	29.270	+0.085%	$967K	$2.6M	20x
Bybit HIMSUSDT	0.0000%	8h	29.300	+0.188%	$298K	$119K	25x	as long as short
OKX HIMS-USDT-SWAP	0.0000%	8h	29.250	+0.017%	$287K	$172K	20x	as long as short
Gate HIMS_USDT	0.0000%	8h	29.249	+0.014%	$506K	$201K	25x	as long as short
Variational Omni HIMS	0.0000%	8h	29.259	+0.049%	$98K	$78K	—	as long as short
SunX HIMS-USDTlong	0.0000%	8h	29.245	long leg	—	$2.4M	10x
HTX HIMS-USDT	0.0000%	8h	29.178	−0.229%	$7K	$38K	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-PERP	+0.0046%	1h	29.280	+0.120%	—	—	10x	as long as short
tradeXYZ xyz:HIMS	+0.0050%	1h	29.278	+0.113%	$3.3M	$1.6M	10x	as long as short
KuCoin HIMSUSDTM	+0.0100%	8h	29.260	+0.051%	$134K	$35K	20x	as long as short
Injective HIMS/USDC PERP	+0.0220%	1h	29.570	+1.111%	$13K	$22K	5.5x	as long as short