Funding arb · Price arb /

HIMS

RWAall HIMS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.014%

Price spread now: HTX against Vest+0.031%7-day average — · you sell dearer than you buy

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

Long on Vest Short on HTX

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. HTX is 0.031% dearer against Vest than usual: you sell high and buy low (spread +0.031% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest HIMS-USD-PERP	29.280	0.0046	pay 0.0006% / 1h	22m 55s	—	—	10x
Short	HTX HIMS-USDT	29.289	0	get 0.0000% / 8h	5h 22m	$6K	$38K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Vest. 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 VestbpFee HTXbpOrdersPrice spread, now +0.031%Rate

Funding earned: −$9.59
Price spread: +0.031% → 0.000%: $3.07
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee HTX: 6 bp × 2 orders: −$12
Net: −$20.52
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Vest: no order-book sample; HTX: 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 Vest no order-book sample	—	—	—	—	—
Sell HTX no order-book sample	—	—	—	—	—

Vest and HTX: 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	−0.0322%	1h	29.297	+0.060%	$2K	$2K	10x	as long as short
QFEX HIMS-USD	−0.0010%	1h	29.250	−0.102%	$1.3M	$572K	10x	as long as short
Aster HIMSUSDT	0.0000%	8h	29.270	−0.034%	$4K	$2K	20x	as long as short
Binance HIMSUSDT	0.0000%	8h	29.270	−0.034%	$967K	$2.6M	20x	as long as short
Bybit HIMSUSDT	0.0000%	8h	29.270	−0.034%	$297K	$119K	25x	as long as short
OKX HIMS-USDT-SWAP	0.0000%	8h	29.240	−0.137%	$287K	$172K	20x	as long as short
Gate HIMS_USDT	0.0000%	8h	29.244	−0.123%	$506K	$202K	25x	as long as short
Variational Omni HIMS	0.0000%	8h	29.259	−0.072%	$98K	$78K	—	as long as short
SunX HIMS-USDT	0.0000%	8h	29.249	−0.106%	—	$2.4M	10x	as long as short
HTX HIMS-USDTshort	0.0000%	8h	29.289	+0.031%	$6K	$38K	10x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest HIMS-USD-PERPlong	+0.0046%	1h	29.280	long leg	—	—	10x
tradeXYZ xyz:HIMS	+0.0050%	1h	29.250	−0.102%	$3.3M	$1.6M	10x	as long as short
KuCoin HIMSUSDTM	+0.0100%	8h	29.260	−0.068%	$134K	$35K	20x	as long as short
Injective HIMS/USDC PERP	+0.0220%	1h	29.570	+0.990%	$13K	$22K	5.5x	as long as short