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: Gate against SunX−0.065%7-day average +0.018% · you buy dearer than you sell

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

Long on SunX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)+0.074%+$7 · spread now −0.065%, 7d avg +0.018%

Together, before fees+0.074%+$7 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: Gate is 0.083% cheaper against SunX than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.018%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX HIMS-USDT	29.115	0	get 0.0000% / 8h	11m 06s	—	$2.4M	10x
Short	Gate HIMS_USDT	29.096	0	get 0.0000% / 8h	11m 06s	$504K	$204K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against SunX. 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 SunXbpFee GatebpOrdersPrice spread, now −0.065%Rate

Funding earned: $0
Price spread: −0.065% → +0.018%: −$8.29
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$31.29
Costs to cover: 0.230%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 6 min ago; Gate: live order book, 25 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 SunX live order book, 6 min ago	500.11 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 25 min ago	8.42 bp	260.3 bp −$260	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
Nado HIMS-PERP	−0.0016%	1h	29.072	−0.148%	$2K	$2K	10x	as long as short
Aster HIMSUSDT	0.0000%	8h	29.064	−0.175%	$4K	$2K	20x	as long as short
Binance HIMSUSDT	0.0000%	8h	29.080	−0.120%	$961K	$2.7M	20x	as long as short
Bybit HIMSUSDT	0.0000%	8h	29.070	−0.155%	$290K	$136K	25x	as long as short
OKX HIMS-USDT-SWAP	0.0000%	8h	29.140	+0.086%	$281K	$130K	20x	as long as short
Gate HIMS_USDTshort	0.0000%	8h	29.096	−0.065%	$504K	$204K	25x
Variational Omni HIMS	0.0000%	8h	29.110	−0.016%	$97K	$76K	—	as long as short
SunX HIMS-USDTlong	0.0000%	8h	29.115	long leg	—	$2.4M	10x
HTX HIMS-USDT	0.0000%	8h	29.198	+0.285%	$7K	$39K	10x	as long as short
QFEX HIMS-USD	+0.0013%	1h	29.100	−0.052%	$1.3M	$555K	10x	as long as short

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	29.100	−0.052%	—	—	10x	as long as short
tradeXYZ xyz:HIMS	+0.0050%	1h	29.074	−0.141%	$3.4M	$1.6M	10x	as long as short
KuCoin HIMSUSDTM	+0.0100%	8h	29.070	−0.155%	$132K	$61K	20x	as long as short
Injective HIMS/USDC PERP	+0.0220%	1h	29.410	+1.013%	$13K	$22K	5.5x	as long as short