Funding arb · Price arb /

HIMS

RWAall HIMS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.002%

Price spread now: SunX against Binance+0.010%46s7-day average −0.014% · you sell dearer than you buy

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

Long on Binance Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.056%+$6 on $10k

Price spread, last 4 days (all we have)−0.064%−$6 · spread now +0.010%, 7d avg −0.014%

Together, before fees−0.008%−$1 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: SunX is 0.023% dearer against Binance than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.014%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance HIMSUSDT	29.224	0	get 0.0000% / 8h	1h 52m	$965K	$2.6M	20x
Short	SunX HIMS-USDT	29.227	0	get 0.0000% / 8h	1h 52m	—	$2.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Binance. 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 BinancebpFee SunXbpOrdersPrice spread, now +0.010%Rate

Funding earned: $0
Price spread: +0.010% → −0.014%: $2.32
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$15.68
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 13 min ago; SunX: live order book, 4 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 Binance live order book, 13 min ago	1.71 bp	15.2 bp −$15	47.2 bp −$472	doesn't fit	doesn't fit
Sell SunX live order book, 4 min ago	500.10 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

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	29.198	−0.089%	$4K	$2K	20x	as long as short
Binance HIMSUSDTlong	0.0000%	8h	29.224	long leg	$965K	$2.6M	20x
Bybit HIMSUSDT	0.0000%	8h	29.230	+0.020%	$295K	$129K	25x	as long as short
OKX HIMS-USDT-SWAP	0.0000%	8h	29.190	−0.117%	$286K	$123K	20x	as long as short
Gate HIMS_USDT	0.0000%	8h	29.214	−0.035%	$507K	$200K	25x	as long as short
Variational Omni HIMS	0.0000%	8h	29.215	−0.032%	$97K	$78K	—	as long as short
SunX HIMS-USDTshort	0.0000%	8h	29.227	+0.010%	—	$2.4M	10x
HTX HIMS-USDT	0.0000%	8h	29.280	+0.191%	$7K	$39K	10x	as long as short
QFEX HIMS-USD	+0.0004%	1h	29.200	−0.083%	$1.3M	$512K	10x	as long as short
Vest HIMS-USD-PERP	+0.0046%	1h	29.200	−0.083%	—	—	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	+0.0089%	1h	29.208	−0.056%	$2K	$2K	10x	as long as short
KuCoin HIMSUSDTM	+0.0100%	8h	29.190	−0.117%	$136K	$38K	20x	as long as short
tradeXYZ xyz:HIMS	+0.0153%	1h	29.222	−0.007%	$3.4M	$1.6M	10x	as long as short
Injective HIMS/USDC PERP	+0.0220%	1h	29.530	+1.046%	$13K	$22K	5.5x	as long as short