Funding arb · Price arb /

HIMS

RWAall HIMS markets

Swap Backtest

Alert: funding

Alert: spread

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

Price spread now: Variational Omni against Vest+0.174%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 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 airdropVest: Active · Variational Omni: Active · farm boardneeds both histories

The price spread pays, funding is against you. Variational Omni is 0.174% dearer against Vest than usual: you sell high and buy low (spread +0.174% now, against zero (this spread has no 7-day history yet)): +$17 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 13 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest HIMS-USD-PERP	29.240	0.0046	pay 0.0006% / 1h	13m 57s	—	—	10x
Short	Variational Omni HIMS	29.291	0	get 0.0000% / 8h	13m 57s	$98K	$86K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now +0.174%Rate

Funding earned: −$9.59
Price spread: +0.174% → 0.000%: $17.36
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $5.76
Costs to cover: 0.020%
Break-even: from the start

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

Vest and 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
Aster HIMSUSDT	0.0000%	8h	29.263	+0.078%	$4K	$2K	20x	as long as short
Bybit HIMSUSDT	0.0000%	8h	29.290	+0.171%	$299K	$118K	25x	as long as short
OKX HIMS-USDT-SWAP	0.0000%	8h	29.260	+0.068%	$289K	$188K	20x	as long as short
Gate HIMS_USDT	0.0000%	8h	29.276	+0.123%	$506K	$207K	25x	as long as short
Variational Omni HIMSshort	0.0000%	8h	29.291	+0.174%	$98K	$86K	—
SunX HIMS-USDT	0.0000%	8h	29.284	+0.150%	—	$2.6M	10x	as long as short
HTX HIMS-USDT	0.0000%	8h	29.260	+0.068%	$7K	$37K	10x	as long as short
QFEX HIMS-USD	+0.0002%	1h	29.280	+0.137%	$1.3M	$674K	10x	as long as short
Binance HIMSUSDT	+0.0022%	8h	29.289	+0.169%	$1.0M	$2.7M	20x	as long as short
Vest HIMS-USD-PERPlong	+0.0046%	1h	29.240	long leg	—	—	10x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:HIMS	+0.0050%	1h	29.270	+0.103%	$3.3M	$1.7M	10x	as long as short
KuCoin HIMSUSDTM	+0.0100%	8h	29.270	+0.103%	$136K	$22K	20x	as long as short
Nado HIMS-PERP	+0.0151%	1h	29.276	+0.122%	$2K	$2K	10x	as long as short
Injective HIMS/USDC PERP	+0.0220%	1h	29.590	+1.197%	$13K	$22K	5.5x	as long as short