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: SunX against Gate+0.068%7-day average −0.020% · you sell dearer than you buy

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

Long on Gate 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)−0.036%−$4 · spread now +0.068%, 7d avg −0.020%

Together, before fees−0.036%−$4 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 0.088% dearer against Gate than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.020%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate HIMS_USDT	29.264	0	get 0.0000% / 8h	4h 36m	$506K	$200K	25x
Short	SunX HIMS-USDT	29.284	0	get 0.0000% / 8h	4h 36m	—	$2.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Gate. 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 GatebpFee SunXbpOrdersPrice spread, now +0.068%Rate

Funding earned: $0
Price spread: +0.068% → −0.020%: $8.8
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee SunX: 4 bp × 2 orders: −$8
Net: −$14.2
Costs to cover: 0.230%
Break-even: never at this rate

Slippage unknown: Gate: live order book, 20 min ago; SunX: live order book, 11 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 Gate live order book, 20 min ago	9.75 bp	193.0 bp −$193	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 11 min ago	500.09 bp	doesn't fit	doesn't fit	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
QFEX HIMS-USD	−0.0002%	1h	29.280	+0.055%	$1.3M	$565K	10x	as long as short
Aster HIMSUSDT	0.0000%	8h	29.270	+0.021%	$4K	$2K	20x	as long as short
Binance HIMSUSDT	0.0000%	8h	29.290	+0.089%	$966K	$2.6M	20x	as long as short
Bybit HIMSUSDT	0.0000%	8h	29.260	−0.014%	$296K	$120K	25x	as long as short
OKX HIMS-USDT-SWAP	0.0000%	8h	29.250	−0.048%	$287K	$173K	20x	as long as short
Gate HIMS_USDTlong	0.0000%	8h	29.264	long leg	$506K	$200K	25x
Variational Omni HIMS	0.0000%	8h	29.290	+0.088%	$98K	$78K	—	as long as short
SunX HIMS-USDTshort	0.0000%	8h	29.284	+0.068%	—	$2.4M	10x
HTX HIMS-USDT	0.0000%	8h	29.275	+0.038%	$7K	$38K	10x	as long as short
Vest HIMS-USD-PERP	+0.0046%	1h	29.260	−0.014%	—	—	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin HIMSUSDTM	+0.0100%	8h	29.270	+0.021%	$134K	$35K	20x	as long as short
tradeXYZ xyz:HIMS	+0.0179%	1h	29.272	+0.027%	$3.3M	$1.6M	10x	as long as short
Injective HIMS/USDC PERP	+0.0220%	1h	29.570	+1.046%	$13K	$22K	5.5x	as long as short
Nado HIMS-PERP	+0.0233%	1h	29.252	−0.040%	$2K	$2K	10x	as long as short