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: OKX against SunX+0.154%7-day average +0.067% · you sell dearer than you buy

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

Long on SunX Short on OKX

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)−0.067%−$7 · spread now +0.154%, 7d avg +0.067%

Together, before fees−0.067%−$7 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: OKX is 0.087% dearer against SunX than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.067%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX HIMS-USDT	29.225	0	get 0.0000% / 8h	4h 58m	—	$1.6M	10x
Short	OKX HIMS-USDT-SWAP	29.270	0	get 0.0000% / 8h	4h 58m	$282K	$127K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against SunX. 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 SunXbpFee OKXbpOrdersPrice spread, now +0.154%Rate

Funding earned: $0
Price spread: +0.154% → +0.067%: $8.66
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: −$9.34
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 1 min ago; OKX: live order book, 45 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 SunX live order book, 1 min ago	500.27 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 45 min ago	10.27 bp	30.6 bp −$31	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
Aster HIMSUSDT	0.0000%	8h	29.142	−0.285%	$4K	$2K	20x	as long as short
Binance HIMSUSDT	0.0000%	8h	29.219	−0.020%	$976K	$2.9M	20x	as long as short
Bybit HIMSUSDT	0.0000%	8h	29.190	−0.120%	$290K	$140K	25x	as long as short
OKX HIMS-USDT-SWAPshort	0.0000%	8h	29.270	+0.154%	$282K	$127K	20x
Gate HIMS_USDT	0.0000%	8h	29.197	−0.096%	$512K	$238K	25x	as long as short
Variational Omni HIMS	0.0000%	8h	29.237	+0.042%	$97K	$75K	—	as long as short
SunX HIMS-USDTlong	0.0000%	8h	29.225	long leg	—	$1.6M	10x
HTX HIMS-USDT	0.0000%	8h	29.232	+0.024%	$6K	$39K	10x	as long as short
QFEX HIMS-USD	+0.0004%	1h	29.170	−0.188%	$1.3M	$518K	10x	as long as short
Injective HIMS/USDC PERP	+0.0033%	1h	29.430	+0.701%	$13K	$22K	5.5x	as long as short

Show all 14 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest HIMS-USD-PERP	+0.0046%	1h	29.180	−0.154%	—	—	10x	as long as short
KuCoin HIMSUSDTM	+0.0100%	8h	29.170	−0.188%	$132K	$248K	20x	as long as short
tradeXYZ xyz:HIMS	+0.0549%	1h	29.182	−0.147%	$3.6M	$1.7M	10x	as long as short
Nado HIMS-PERP	+0.0682%	1h	29.165	−0.205%	$2K	$2K	10x	as long as short