Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Gate+0.083%7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,446as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,453as in the Price arb table
costs, in and out, $10k−$1,46314.630% of the position
Funding, last 7 days+0.169%+$17 on $10k
+Price spread, last 4 days (all we have)−0.086%−$9 · spread now +0.083%, 7d avg −0.016%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.098% dearer against Gate than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.016%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate HIMS_USDT | 29.016 | 0 | get 0.0000% / 8h | 7h 43m | $502K | $201K | 25x |
| Short | KuCoin HIMSUSDTM | 29.040 | 0.0100 | get 0.0100% / 8h | 7h 43m | $132K | $86K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Gate. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $21
- Price spread: +0.083% → −0.016%
- $9.85
- Slippage, 4 orders
- −$1,436.02
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,432.18
- Costs to cover
- 14.630%
- Break-even
- 484.4 days
Slippage from Gate: live order book, 52 min ago; KuCoin: live order book, 47 min ago.
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 Gate live order book, 52 min ago | 8.42 bp | 259.0 bp −$259 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 47 min ago | 8.60 bp | 409.1 bp −$409 | 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 | −0.0357% | 1h | 29.043 | +0.092% | $2K | $2K | 10x | as long as short |
| tradeXYZ xyz:HIMS | −0.0088% | 1h | 29.031 | +0.052% | $3.3M | $1.6M | 10x | as long as short |
| QFEX HIMS-USD | −0.0008% | 1h | 29.020 | +0.014% | $1.3M | $553K | 10x | as long as short |
| Aster HIMSUSDT | 0.0000% | 8h | 29.022 | +0.022% | $4K | $2K | 20x | as long as short |
| Binance HIMSUSDT | 0.0000% | 8h | 29.043 | +0.093% | $967K | $2.7M | 20x | as long as short |
| Bybit HIMSUSDT | 0.0000% | 8h | 29.030 | +0.048% | $288K | $138K | 25x | as long as short |
| OKX HIMS-USDT-SWAP | 0.0000% | 8h | 29.050 | +0.117% | $280K | $127K | 20x | as long as short |
| Gate HIMS_USDTlong | 0.0000% | 8h | 29.016 | long leg | $502K | $201K | 25x | |
| Variational Omni HIMS | 0.0000% | 8h | 29.000 | −0.054% | $97K | $76K | — | as long as short |
| SunX HIMS-USDT | 0.0000% | 8h | 29.040 | +0.083% | — | $2.3M | 10x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX HIMS-USDT | 0.0000% | 8h | 28.982 | −0.117% | $7K | $39K | 10x | as long as short |
| Vest HIMS-USD-PERP | +0.0046% | 1h | 29.000 | −0.055% | — | — | 10x | as long as short |
| KuCoin HIMSUSDTMshort | +0.0100% | 8h | 29.040 | +0.083% | $132K | $86K | 20x | |
| Injective HIMS/USDC PERP | +0.0220% | 1h | 29.410 | +1.358% | $13K | $22K | 5.5x | as long as short |
Gate HIMS_USDT
KuCoin HIMSUSDTM
tradeXYZ xyz:HIMS
Aster HIMSUSDT
Binance HIMSUSDT
Bybit HIMSUSDT
OKX HIMS-USDT-SWAP
Variational Omni HIMS
SunX HIMS-USDT
HTX HIMS-USDT
Injective HIMS/USDC PERP