Funding arb · Price arb /

HIMS

RWAall HIMS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: SunX against Bybit+0.014%56s7-day average −0.045% · you sell dearer than you buy

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

Long on Bybit Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)+0.085%+$8 · spread now +0.014%, 7d avg −0.045%

Together, before fees+0.085%+$8 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: SunX is 0.058% dearer against Bybit than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.045%. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit HIMSUSDT	29.120	0	get 0.0000% / 8h	6h 11m	$290K	$139K	25x
Short	SunX HIMS-USDT	29.124	0	get 0.0000% / 8h	6h 11m	—	$1.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Bybit. 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 BybitbpFee SunXbpOrdersPrice spread, now +0.014%Rate

Funding earned: $0
Price spread: +0.014% → −0.045%: $5.84
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee SunX: 4 bp × 2 orders: −$8
Net: −$13.16
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 35 min ago; SunX: live order book, 8 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 Bybit live order book, 35 min ago	5.15 bp	60.7 bp −$61	754.1 bp −$7,541	doesn't fit	doesn't fit
Sell SunX live order book, 8 min ago	500.32 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

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
Nado HIMS-PERP	−0.0259%	1h	29.144	+0.084%	$2K	$2K	10x	as long as short
Aster HIMSUSDT	0.0000%	8h	29.084	−0.123%	$4K	$2K	20x	as long as short
Binance HIMSUSDT	0.0000%	8h	29.113	−0.023%	$957K	$2.8M	20x	as long as short
Bybit HIMSUSDTlong	0.0000%	8h	29.120	long leg	$290K	$139K	25x
OKX HIMS-USDT-SWAP	0.0000%	8h	29.150	+0.103%	$280K	$129K	20x	as long as short
Gate HIMS_USDT	0.0000%	8h	29.105	−0.052%	$508K	$222K	25x	as long as short
Variational Omni HIMS	0.0000%	8h	29.119	−0.004%	$97K	$76K	—	as long as short
SunX HIMS-USDTshort	0.0000%	8h	29.124	+0.014%	—	$1.8M	10x
HTX HIMS-USDT	0.0000%	8h	29.100	−0.069%	$6K	$39K	10x	as long as short
QFEX HIMS-USD	+0.0022%	1h	29.120	0.000%	$1.3M	$520K	10x	as long as short

Show all 14 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective HIMS/USDC PERP	+0.0033%	1h	29.430	+1.065%	$13K	$22K	5.5x	as long as short
Vest HIMS-USD-PERP	+0.0046%	1h	29.120	0.000%	—	—	10x	as long as short
tradeXYZ xyz:HIMS	+0.0046%	1h	29.070	−0.172%	$3.3M	$1.6M	10x	as long as short
KuCoin HIMSUSDTM	+0.0100%	8h	29.090	−0.103%	$132K	$177K	20x	as long as short