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: Variational Omni against Gate−0.006%7-day average — · you buy dearer than you sell

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

Long on Gate Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate HIMS_USDT	29.281	0	get 0.0000% / 8h	7h 04m	$507K	$206K	25x
Short	Variational Omni HIMS	29.279	0	get 0.0000% / 8h	7h 04m	$98K	$86K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now −0.006%Rate

Funding earned: $0
Price spread: −0.006% → 0.000%: −$0.58
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$15.58
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Gate: live order book, 2 min ago; Variational Omni: 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 Gate live order book, 2 min ago	10.76 bp	241.1 bp −$241	doesn't fit	doesn't fit	doesn't fit
Sell Variational Omni no order-book sample	—	—	—	—	—

Variational Omni: 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	−0.0066%	1h	29.307	+0.088%	$2K	$2K	10x	as long as short
Aster HIMSUSDT	0.0000%	8h	29.286	+0.017%	$4K	$2K	20x	as long as short
Binance HIMSUSDT	0.0000%	8h	29.296	+0.052%	$980K	$2.6M	20x	as long as short
Bybit HIMSUSDT	0.0000%	8h	29.310	+0.099%	$299K	$118K	25x	as long as short
OKX HIMS-USDT-SWAP	0.0000%	8h	29.250	−0.106%	$288K	$181K	20x	as long as short
Gate HIMS_USDTlong	0.0000%	8h	29.281	long leg	$507K	$206K	25x
Variational Omni HIMSshort	0.0000%	8h	29.279	−0.006%	$98K	$86K	—
SunX HIMS-USDT	0.0000%	8h	29.285	+0.014%	—	$2.5M	10x	as long as short
HTX HIMS-USDT	0.0000%	8h	29.092	−0.645%	$7K	$37K	10x	as long as short
QFEX HIMS-USD	+0.0002%	1h	29.280	−0.003%	$1.4M	$654K	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	−0.003%	—	—	10x	as long as short
tradeXYZ xyz:HIMS	+0.0050%	1h	29.285	+0.014%	$3.3M	$1.6M	10x	as long as short
KuCoin HIMSUSDTM	+0.0100%	8h	29.280	−0.003%	$136K	$22K	20x	as long as short
Injective HIMS/USDC PERP	+0.0220%	1h	29.580	+1.021%	$13K	$22K	5.5x	as long as short