HIMS

Alert: funding

Alert: spread

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: Gate against KuCoin−0.035%7-day average +0.016% · you buy dearer than you sell

Net, funding: paid 7d − costs−$1,480as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,468as in the Price arb table

costs, in and out, $10k−$1,46314.630% of the position

Long on KuCoin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.169%−$17 on $10k

Price spread, last 4 days (all we have)+0.038%+$4 · spread now −0.035%, 7d avg +0.016%

Together, before fees−0.131%−$13 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Gate is 0.050% cheaper against KuCoin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.016%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin HIMSUSDTM	28.910	0.0100	pay 0.0100% / 8h	7h 30m	$132K	$100K	20x
Short	Gate HIMS_USDT	28.900	0	get 0.0000% / 8h	7h 30m	$500K	$205K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against KuCoin. 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 KuCoinbpFee GatebpOrdersPrice spread, now −0.035%Rate

Funding earned: −$21
Price spread: −0.035% → +0.016%: −$5.03
Slippage, 4 orders: −$1,436.02
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$1,489.06
Costs to cover: 14.630%
Break-even: never at this rate

Slippage from KuCoin: live order book, 60 min ago; Gate: live order book, 65 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 KuCoin live order book, 60 min ago	8.60 bp	534.6 bp −$535	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 65 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	−0.0264%	1h	28.892	−0.061%	$2K	$2K	10x	as long as short
QFEX HIMS-USD	−0.0008%	1h	28.920	+0.035%	$1.3M	$561K	10x	as long as short
Aster HIMSUSDT	0.0000%	8h	28.902	−0.027%	$4K	$2K	20x	as long as short
Binance HIMSUSDT	0.0000%	8h	28.910	0.000%	$950K	$2.8M	20x	as long as short
Bybit HIMSUSDT	0.0000%	8h	28.890	−0.069%	$288K	$139K	25x	as long as short
OKX HIMS-USDT-SWAP	0.0000%	8h	28.940	+0.104%	$279K	$128K	20x	as long as short
Gate HIMS_USDTshort	0.0000%	8h	28.900	−0.035%	$500K	$205K	25x
Variational Omni HIMS	0.0000%	8h	28.900	−0.034%	$96K	$76K	—	as long as short
SunX HIMS-USDT	0.0000%	8h	28.930	+0.069%	—	$2.3M	10x	as long as short
HTX HIMS-USDT	0.0000%	8h	28.896	−0.048%	$7K	$39K	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	28.870	−0.138%	—	—	10x	as long as short
tradeXYZ xyz:HIMS	+0.0050%	1h	28.909	−0.003%	$3.3M	$1.6M	10x	as long as short
KuCoin HIMSUSDTMlong	+0.0100%	8h	28.910	long leg	$132K	$100K	20x
Injective HIMS/USDC PERP	+0.0220%	1h	29.410	+1.730%	$13K	$22K	5.5x	as long as short