Funding arb · Price arb /

HIMS

RWAall HIMS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0220%/8h= −24.1% APRpaid last 24h −0.066%

Price spread now: Aster against Injective−0.790%97s7-day average — · you buy dearer than you sell

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

Long on Injective Short on Aster

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Aster is 0.790% cheaper against Injective than usual: you would sell low and buy high (−$79 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 97 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	Injective HIMS/USDC PERP	29.390	0.0220	pay 0.0028% / 1h	59m 47s	$13K	$22K	5.5x
Short	Aster HIMSUSDT	29.158	0	get 0.0000% / 8h	59m 47s	$4K	$2K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Injective. 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 InjectivebpFee AsterbpOrdersPrice spread, now −0.790%Rate

Funding earned: −$46.2
Price spread: −0.790% → 0.000%: −$78.99
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Aster: 4 bp × 2 orders: −$8
Net: −$133.21
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Injective: no order-book sample; Aster: 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 Injective no order-book sample	—	—	—	—	—
Sell Aster no order-book sample	—	—	—	—	—

Injective and Aster: 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 HIMSUSDTshort	0.0000%	8h	29.158	−0.790%	$4K	$2K	20x
Binance HIMSUSDT	0.0000%	8h	29.161	−0.778%	$963K	$2.7M	20x	as long as short
Bybit HIMSUSDT	0.0000%	8h	29.170	−0.749%	$291K	$137K	25x	as long as short
OKX HIMS-USDT-SWAP	0.0000%	8h	29.150	−0.817%	$281K	$130K	20x	as long as short
Gate HIMS_USDT	0.0000%	8h	29.146	−0.830%	$506K	$206K	25x	as long as short
Variational Omni HIMS	0.0000%	8h	29.150	−0.817%	$97K	$78K	—	as long as short
SunX HIMS-USDT	0.0000%	8h	29.141	−0.847%	—	$2.4M	10x	as long as short
HTX HIMS-USDT	0.0000%	8h	29.065	−1.106%	$6K	$39K	10x	as long as short
QFEX HIMS-USD	+0.0004%	1h	29.150	−0.817%	$1.3M	$545K	10x	as long as short
Vest HIMS-USD-PERP	+0.0046%	1h	29.150	−0.817%	—	—	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:HIMS	+0.0050%	1h	29.160	−0.783%	$3.4M	$1.6M	10x	as long as short
KuCoin HIMSUSDTM	+0.0100%	8h	29.130	−0.885%	$136K	$54K	20x	as long as short
Nado HIMS-PERP	+0.0124%	1h	29.138	−0.857%	$2K	$2K	10x	as long as short
Injective HIMS/USDC PERPlong	+0.0220%	1h	29.390	long leg	$13K	$22K	5.5x