Funding arb · Price arb /

HIMS

RWAall HIMS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h +0.014%

Price spread now: Vest against SunX−0.003%7-day average — · you buy dearer than you sell

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

Long on SunX 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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX HIMS-USDT	29.281	0	get 0.0000% / 8h	35m 46s	—	$2.6M	10x
Short	Vest HIMS-USD-PERP	29.280	0.0046	get 0.0006% / 1h	35m 46s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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 VestbpOrdersPrice spread, now −0.003%Rate

Funding earned: $9.59
Price spread: −0.003% → 0.000%: −$0.34
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Vest: 1 bp × 2 orders: −$2
Net: −$0.75
Costs to cover: 0.100%
Break-even: 7.5 days

Slippage unknown: SunX: live order book, 1 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 SunX live order book, 1 min ago	500.20 bp	doesn't fit	doesn't fit	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	29.263	−0.061%	$4K	$2K	20x	as long as short
Bybit HIMSUSDT	0.0000%	8h	29.280	−0.003%	$298K	$118K	25x	as long as short
OKX HIMS-USDT-SWAP	0.0000%	8h	29.290	+0.031%	$289K	$188K	20x	as long as short
Gate HIMS_USDT	0.0000%	8h	29.265	−0.055%	$505K	$206K	25x	as long as short
Variational Omni HIMS	0.0000%	8h	29.282	+0.002%	$98K	$87K	—	as long as short
SunX HIMS-USDTlong	0.0000%	8h	29.281	long leg	—	$2.6M	10x
HTX HIMS-USDT	0.0000%	8h	29.222	−0.201%	$6K	$38K	10x	as long as short
QFEX HIMS-USD	+0.0002%	1h	29.270	−0.038%	$1.3M	$663K	10x	as long as short
Binance HIMSUSDT	+0.0025%	8h	29.280	−0.003%	$1.0M	$2.7M	20x	as long as short
Vest HIMS-USD-PERPshort	+0.0046%	1h	29.280	−0.003%	—	—	10x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:HIMS	+0.0050%	1h	29.280	−0.003%	$3.3M	$1.7M	10x	as long as short
KuCoin HIMSUSDTM	+0.0100%	8h	29.270	−0.038%	$136K	$22K	20x	as long as short
Nado HIMS-PERP	+0.0198%	1h	29.270	−0.038%	$2K	$2K	10x	as long as short
Injective HIMS/USDC PERP	+0.0220%	1h	29.560	+0.953%	$13K	$22K	5.5x	as long as short