Funding arb · Price arb /

HIMS

RWAall HIMS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0054%/8h= −5.9% APRpaid last 24h −0.016%

Price spread now: Vest against KuCoin+0.137%7-day average — · you sell dearer than you buy

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

Long on KuCoin Short on Vest

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 airdropVest: Active · farm boardneeds both histories

The price spread pays, funding is against you. Vest is 0.137% dearer against KuCoin than usual: you sell high and buy low (spread +0.137% now, against zero (this spread has no 7-day history yet)): +$14 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 8.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin HIMSUSDTM	29.260	0.0100	pay 0.0100% / 8h	6h 12m	$134K	$35K	20x
Short	Vest HIMS-USD-PERP	29.300	0.0046	get 0.0006% / 1h	12m 57s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against KuCoin. 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 KuCoinbpFee VestbpOrdersPrice spread, now +0.137%Rate

Funding earned: −$11.41
Price spread: +0.137% → 0.000%: $13.67
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Vest: 1 bp × 2 orders: −$2
Net: −$11.74
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 16 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 KuCoin live order book, 16 min ago	1.71 bp	409.0 bp −$409	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 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	−0.0212%	1h	29.307	+0.162%	$2K	$2K	10x	as long as short
Aster HIMSUSDT	0.0000%	8h	29.289	+0.101%	$4K	$2K	20x	as long as short
Binance HIMSUSDT	0.0000%	8h	29.290	+0.103%	$968K	$2.6M	20x	as long as short
Bybit HIMSUSDT	0.0000%	8h	29.290	+0.103%	$297K	$119K	25x	as long as short
OKX HIMS-USDT-SWAP	0.0000%	8h	29.290	+0.103%	$287K	$173K	20x	as long as short
Gate HIMS_USDT	0.0000%	8h	29.266	+0.021%	$506K	$205K	25x	as long as short
Variational Omni HIMS	0.0000%	8h	29.280	+0.067%	$98K	$78K	—	as long as short
SunX HIMS-USDT	0.0000%	8h	29.279	+0.065%	—	$2.5M	10x	as long as short
HTX HIMS-USDT	0.0000%	8h	29.184	−0.260%	$7K	$38K	10x	as long as short
QFEX HIMS-USD	+0.0003%	1h	29.280	+0.068%	$1.3M	$594K	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-PERPshort	+0.0046%	1h	29.300	+0.137%	—	—	10x
tradeXYZ xyz:HIMS	+0.0050%	1h	29.287	+0.092%	$3.3M	$1.6M	10x	as long as short
KuCoin HIMSUSDTMlong	+0.0100%	8h	29.260	long leg	$134K	$35K	20x
Injective HIMS/USDC PERP	+0.0220%	1h	29.570	+1.059%	$13K	$22K	5.5x	as long as short