Funding arb · Price arb /

HIMS

RWAall HIMS markets

Swap Backtest

Alert: funding

Alert: spread

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

Price spread now: Variational Omni against SunX+0.022%7-day average — · you sell dearer than you buy

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

Long on SunX 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

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.022% dearer against SunX than usual: you sell high and buy low, +$2 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX HIMS-USDT	29.293	0	get 0.0000% / 8h	3h 30m	—	$2.6M	10x
Short	Variational Omni HIMS	29.300	0	get 0.0000% / 8h	3h 30m	$98K	$87K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now +0.022%Rate

Funding earned: $0
Price spread: +0.022% → 0.000%: $2.24
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$5.76
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 7 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 SunX live order book, 7 min ago	500.19 bp	doesn't fit	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
QFEX HIMS-USD	−0.0004%	1h	29.270	−0.079%	$1.3M	$603K	10x	as long as short
Aster HIMSUSDT	0.0000%	8h	29.269	−0.082%	$4K	$2K	20x	as long as short
Binance HIMSUSDT	0.0000%	8h	29.300	+0.024%	$1.0M	$2.6M	20x	as long as short
Bybit HIMSUSDT	0.0000%	8h	29.310	+0.058%	$299K	$115K	25x	as long as short
OKX HIMS-USDT-SWAP	0.0000%	8h	29.330	+0.126%	$290K	$186K	20x	as long as short
Gate HIMS_USDT	0.0000%	8h	29.287	−0.020%	$506K	$210K	25x	as long as short
Variational Omni HIMSshort	0.0000%	8h	29.300	+0.022%	$98K	$87K	—
SunX HIMS-USDTlong	0.0000%	8h	29.293	long leg	—	$2.6M	10x
HTX HIMS-USDT	0.0000%	8h	29.209	−0.287%	$7K	$39K	10x	as long as short
Vest HIMS-USD-PERP	+0.0046%	1h	29.260	−0.113%	—	—	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado HIMS-PERP	+0.0079%	1h	29.282	−0.036%	$2K	$3K	10x	as long as short
KuCoin HIMSUSDTM	+0.0100%	8h	29.270	−0.079%	$135K	$21K	20x	as long as short
tradeXYZ xyz:HIMS	+0.0109%	1h	29.302	+0.031%	$3.3M	$1.6M	10x	as long as short
Injective HIMS/USDC PERP	+0.0220%	1h	29.610	+1.082%	$13K	$22K	5.5x	as long as short