Funding arb · Price arb /

HIMS

RWAall HIMS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h +0.014%

Price spread now: Vest against SunX−0.086%7-day average — · you buy dearer than you sell

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

Long on SunX Short on Vest

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—+ Points / potential airdropVest: Active · farm boardneeds both histories

Funding pays, the price is against you. Vest is 0.086% cheaper against SunX than usual: you would sell low and buy high (spread −0.086% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 6.3 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	SunX HIMS-USDT	29.165	0	get 0.0000% / 8h	5h 54m	—	$1.7M	10x
Short	Vest HIMS-USD-PERP	29.140	0.0046	get 0.0006% / 1h	54m 56s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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 VestbpOrdersPrice spread, now −0.086%Rate

Funding earned: $9.59
Price spread: −0.086% → 0.000%: −$8.57
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Vest: 1 bp × 2 orders: −$2
Net: −$8.98
Costs to cover: 0.100%
Break-even: 13.6 days

Slippage unknown: SunX: live order book, 4 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 SunX live order book, 4 min ago	500.21 bp	doesn't fit	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 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	29.133	−0.110%	$4K	$2K	20x	as long as short
Binance HIMSUSDT	0.0000%	8h	29.170	+0.017%	$961K	$2.8M	20x	as long as short
Bybit HIMSUSDT	0.0000%	8h	29.180	+0.051%	$290K	$139K	25x	as long as short
OKX HIMS-USDT-SWAP	0.0000%	8h	29.230	+0.223%	$281K	$130K	20x	as long as short
Gate HIMS_USDT	0.0000%	8h	29.164	−0.003%	$518K	$226K	25x	as long as short
Variational Omni HIMS	0.0000%	8h	29.173	+0.026%	$97K	$75K	—	as long as short
SunX HIMS-USDTlong	0.0000%	8h	29.165	long leg	—	$1.7M	10x
HTX HIMS-USDT	0.0000%	8h	29.011	−0.528%	$6K	$39K	10x	as long as short
QFEX HIMS-USD	+0.0004%	1h	29.150	−0.051%	$1.3M	$518K	10x	as long as short
Vest HIMS-USD-PERPshort	+0.0046%	1h	29.140	−0.086%	—	—	10x

Show all 14 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin HIMSUSDTM	+0.0100%	8h	29.150	−0.051%	$132K	$194K	20x	as long as short
tradeXYZ xyz:HIMS	+0.0167%	1h	29.156	−0.031%	$3.4M	$1.6M	10x	as long as short
Nado HIMS-PERP	+0.0214%	1h	29.165	−0.001%	$2K	$2K	10x	as long as short
Injective HIMS/USDC PERP	+0.0220%	1h	29.430	+0.909%	$13K	$22K	5.5x	as long as short