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 0.000%

Price spread now: Variational Omni against HTX+0.216%7-day average — · you sell dearer than you buy

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

Long on HTX 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 0.216% dearer against HTX than usual: you sell high and buy low, +$22 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	HTX HIMS-USDT	29.206	0	get 0.0000% / 8h	5h 30m	$6K	$38K	10x
Short	Variational Omni HIMS	29.269	0	get 0.0000% / 8h	5h 30m	$98K	$78K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against HTX. 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 HTXbpFee Variational OmnibpOrdersPrice spread, now +0.216%Rate

Funding earned: $0
Price spread: +0.216% → 0.000%: $21.57
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $9.57
Costs to cover: 0.120%
Break-even: from the start

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

HTX 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
Nado HIMS-PERP	−0.0305%	1h	29.298	+0.316%	$2K	$2K	10x	as long as short
QFEX HIMS-USD	−0.0010%	1h	29.270	+0.219%	$1.3M	$572K	10x	as long as short
Aster HIMSUSDT	0.0000%	8h	29.283	+0.265%	$4K	$2K	20x	as long as short
Binance HIMSUSDT	0.0000%	8h	29.281	+0.258%	$967K	$2.6M	20x	as long as short
Bybit HIMSUSDT	0.0000%	8h	29.300	+0.322%	$298K	$119K	25x	as long as short
OKX HIMS-USDT-SWAP	0.0000%	8h	29.250	+0.151%	$287K	$172K	20x	as long as short
Gate HIMS_USDT	0.0000%	8h	29.264	+0.199%	$506K	$201K	25x	as long as short
Variational Omni HIMSshort	0.0000%	8h	29.269	+0.216%	$98K	$78K	—
SunX HIMS-USDT	0.0000%	8h	29.248	+0.144%	—	$2.4M	10x	as long as short
HTX HIMS-USDTlong	0.0000%	8h	29.206	long leg	$6K	$38K	10x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest HIMS-USD-PERP	+0.0046%	1h	29.280	+0.253%	—	—	10x	as long as short
tradeXYZ xyz:HIMS	+0.0050%	1h	29.277	+0.243%	$3.3M	$1.6M	10x	as long as short
KuCoin HIMSUSDTM	+0.0100%	8h	29.270	+0.219%	$134K	$35K	20x	as long as short
Injective HIMS/USDC PERP	+0.0220%	1h	29.570	+1.246%	$13K	$22K	5.5x	as long as short