Funding arb · Price arb /

HIMS

RWAall HIMS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h +0.012%

Price spread now: Vest against Binance−0.034%7-day average — · you buy dearer than you sell

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

Long on Binance Short on Vest

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

Funding pays, the price is against you. Vest is 0.034% cheaper against Binance than usual: you would sell low and buy high (spread −0.034% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 2.5 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance HIMSUSDT	29.170	0	get 0.0000% / 8h	1h 40m	$964K	$2.6M	20x
Short	Vest HIMS-USD-PERP	29.160	0.0046	get 0.0006% / 1h	40m 12s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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 VestbpOrdersPrice spread, now −0.034%Rate

Funding earned: $9.59
Price spread: −0.034% → 0.000%: −$3.43
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Vest: 1 bp × 2 orders: −$2
Net: −$5.84
Costs to cover: 0.120%
Break-even: 11.3 days

Slippage unknown: Binance: live order book, 10 min ago; Vest: 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 Binance live order book, 10 min ago	3.42 bp	14.2 bp −$14	48.5 bp −$485	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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	29.167	−0.011%	$4K	$2K	20x	as long as short
Binance HIMSUSDTlong	0.0000%	8h	29.170	long leg	$964K	$2.6M	20x
Bybit HIMSUSDT	0.0000%	8h	29.190	+0.069%	$294K	$130K	25x	as long as short
OKX HIMS-USDT-SWAP	0.0000%	8h	29.170	0.000%	$286K	$123K	20x	as long as short
Gate HIMS_USDT	0.0000%	8h	29.164	−0.021%	$506K	$201K	25x	as long as short
Variational Omni HIMS	0.0000%	8h	29.170	0.000%	$97K	$78K	—	as long as short
SunX HIMS-USDT	0.0000%	8h	29.184	+0.048%	—	$2.4M	10x	as long as short
HTX HIMS-USDT	0.0000%	8h	29.278	+0.370%	$7K	$39K	10x	as long as short
QFEX HIMS-USD	+0.0004%	1h	29.160	−0.034%	$1.3M	$507K	10x	as long as short
Vest HIMS-USD-PERPshort	+0.0046%	1h	29.160	−0.034%	—	—	10x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin HIMSUSDTM	+0.0100%	8h	29.160	−0.034%	$135K	$38K	20x	as long as short
tradeXYZ xyz:HIMS	+0.0147%	1h	29.166	−0.014%	$3.4M	$1.6M	10x	as long as short
Nado HIMS-PERP	+0.0154%	1h	29.166	−0.012%	$2K	$2K	10x	as long as short
Injective HIMS/USDC PERP	+0.0220%	1h	29.530	+1.234%	$13K	$22K	5.5x	as long as short