Settings8H · net · $10k
Funding arb · Price arb /

HIMS

RWAall HIMS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.028%
Price spread now: KuCoin against Binance−0.034%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$826as in the Funding arb table
Net, price: spread back to 7d avg − costs−$851as in the Price arb table
costs, in and out, $10k−$8498.490% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.225%+$23 on $10k
Price spread, last 4 days (all we have)−0.038%−$4 · spread now −0.034%, 7d avg −0.015%
Together, before fees+0.188%+$19 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.015%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance HIMSUSDT29.0700get 0.0000% / 8h1h 30m$964K$2.7M20x
ShortKuCoin HIMSUSDTM29.0600.0100get 0.0100% / 8h1h 30m$135K$41K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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

Funding earned
$21
Price spread: −0.034% → −0.015%
−$1.9
Slippage, 4 orders
−$826.99
Fee Binance: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$829.88
Costs to cover
8.490%
Break-even
283.6 days
Slippage from Binance: live order book, 5 min ago; KuCoin: live order book, 10 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 5 min ago1.71 bp13.2 bp −$1343.4 bp −$434doesn't fitdoesn't fit
Sell KuCoin live order book, 10 min ago12.00 bp371.5 bp −$371doesn't fitdoesn't fitdoesn't fit

HIMS on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster HIMSUSDT0.0000%8h29.043−0.092%$4K$2K20xas long as short
Binance HIMSUSDTlong0.0000%8h29.070long leg$964K$2.7M20x
Bybit HIMSUSDT0.0000%8h29.060−0.034%$290K$136K25xas long as short
OKX HIMS-USDT-SWAP0.0000%8h29.100+0.103%$281K$130K20xas long as short
Gate HIMS_USDT0.0000%8h29.059−0.038%$504K$203K25xas long as short
Variational Omni HIMS0.0000%8h29.0700.000%$97K$78Kas long as short
SunX HIMS-USDT0.0000%8h29.080+0.034%$2.4M10xas long as short
HTX HIMS-USDT0.0000%8h29.190+0.413%$7K$39K10xas long as short
QFEX HIMS-USD+0.0004%1h29.0700.000%$1.3M$514K10xas long as short
Vest HIMS-USD-PERP+0.0046%1h29.050−0.069%10xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin HIMSUSDTMshort+0.0100%8h29.060−0.034%$135K$41K20x
Nado HIMS-PERP+0.0119%1h29.062−0.028%$2K$2K10xas long as short
tradeXYZ xyz:HIMS+0.0153%1h29.076+0.021%$3.4M$1.6M10xas long as short
Injective HIMS/USDC PERP+0.0220%1h29.470+1.376%$13K$22K5.5xas long as short