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 0.000%

Price spread now: Bybit against Aster+0.026%7-day average — · you sell dearer than you buy

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

Long on Aster Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.026% dearer against Aster than usual: you sell high and buy low, +$3 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster HIMSUSDT	29.063	0	get 0.0000% / 8h	11m 42s	$4K	$2K	20x
Short	Bybit HIMSUSDT	29.070	0	get 0.0000% / 8h	11m 42s	$290K	$136K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Aster. 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 AsterbpFee BybitbpOrdersPrice spread, now +0.026%Rate

Funding earned: $0
Price spread: +0.026% → 0.000%: $2.57
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$16.43
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; Bybit: live order book, 18 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 Aster no order-book sample	—	—	—	—	—
Sell Bybit live order book, 18 min ago	10.30 bp	59.4 bp −$59	252.4 bp −$2,524	doesn't fit	doesn't fit

Aster: 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	−0.0018%	1h	29.117	+0.188%	$2K	$2K	10x	as long as short
Aster HIMSUSDTlong	0.0000%	8h	29.063	long leg	$4K	$2K	20x
Binance HIMSUSDT	0.0000%	8h	29.067	+0.014%	$961K	$2.7M	20x	as long as short
Bybit HIMSUSDTshort	0.0000%	8h	29.070	+0.026%	$290K	$136K	25x
OKX HIMS-USDT-SWAP	0.0000%	8h	29.140	+0.267%	$281K	$130K	20x	as long as short
Gate HIMS_USDT	0.0000%	8h	29.100	+0.129%	$504K	$204K	25x	as long as short
Variational Omni HIMS	0.0000%	8h	29.110	+0.164%	$97K	$76K	—	as long as short
SunX HIMS-USDT	0.0000%	8h	29.114	+0.177%	—	$2.4M	10x	as long as short
HTX HIMS-USDT	0.0000%	8h	29.198	+0.466%	$7K	$39K	10x	as long as short
QFEX HIMS-USD	+0.0013%	1h	29.100	+0.129%	$1.3M	$555K	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	29.100	+0.129%	—	—	10x	as long as short
tradeXYZ xyz:HIMS	+0.0050%	1h	29.071	+0.029%	$3.4M	$1.6M	10x	as long as short
KuCoin HIMSUSDTM	+0.0100%	8h	29.100	+0.129%	$132K	$60K	20x	as long as short
Injective HIMS/USDC PERP	+0.0220%	1h	29.410	+1.196%	$13K	$22K	5.5x	as long as short