HIMS

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 −0.030%

Price spread now: OKX against KuCoin+0.103%7-day average +0.065% · you sell dearer than you buy

Net, funding: paid 7d − costs−$914as in the Funding arb table

Net, price: spread back to 7d avg − costs−$893as in the Price arb table

costs, in and out, $10k−$8978.970% of the position

Long on KuCoin Short on OKX

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)+0.018%+$2 · spread now +0.103%, 7d avg +0.065%

Together, before fees−0.151%−$15 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.038% dearer against KuCoin than usual: you sell high and buy low (spread +0.103% now, against its 7-day average of +0.065%): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 31 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin HIMSUSDTM	29.120	0.0100	pay 0.0100% / 8h	58m 16s	$135K	$55K	20x
Short	OKX HIMS-USDT-SWAP	29.150	0	get 0.0000% / 8h	58m 16s	$281K	$130K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.103%Rate

Funding earned: −$21
Price spread: +0.103% → +0.065%: $3.84
Slippage, 4 orders: −$874.99
Fee KuCoin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$914.15
Costs to cover: 8.970%
Break-even: never at this rate

Slippage from KuCoin: live order book, 42 min ago; OKX: live order book, 42 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, 42 min ago	12.00 bp	446.0 bp −$446	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 42 min ago	6.86 bp	48.9 bp −$49	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	−0.0031%	1h	29.163	+0.148%	$2K	$2K	10x	as long as short
Aster HIMSUSDT	0.0000%	8h	29.167	+0.162%	$4K	$2K	20x	as long as short
Binance HIMSUSDT	0.0000%	8h	29.171	+0.176%	$964K	$2.7M	20x	as long as short
Bybit HIMSUSDT	0.0000%	8h	29.170	+0.172%	$291K	$137K	25x	as long as short
OKX HIMS-USDT-SWAPshort	0.0000%	8h	29.150	+0.103%	$281K	$130K	20x
Gate HIMS_USDT	0.0000%	8h	29.146	+0.089%	$506K	$202K	25x	as long as short
Variational Omni HIMS	0.0000%	8h	29.150	+0.103%	$97K	$78K	—	as long as short
SunX HIMS-USDT	0.0000%	8h	29.138	+0.062%	—	$2.4M	10x	as long as short
HTX HIMS-USDT	0.0000%	8h	29.065	−0.189%	$6K	$39K	10x	as long as short
QFEX HIMS-USD	+0.0004%	1h	29.160	+0.137%	$1.3M	$547K	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	29.160	+0.137%	—	—	10x	as long as short
tradeXYZ xyz:HIMS	+0.0050%	1h	29.155	+0.120%	$3.4M	$1.6M	10x	as long as short
KuCoin HIMSUSDTMlong	+0.0100%	8h	29.120	long leg	$135K	$55K	20x
Injective HIMS/USDC PERP	+0.0220%	1h	29.390	+0.927%	$13K	$22K	5.5x	as long as short