HIMS

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%

Price spread now: KuCoin against OKX+0.034%7-day average −0.072% · you sell dearer than you buy

Net, funding: paid 7d − costs−$662as in the Funding arb table

Net, price: spread back to 7d avg − costs−$668as in the Price arb table

costs, in and out, $10k−$6796.786% of the position

Long on OKX Short on KuCoin

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)−0.177%−$18 · spread now +0.034%, 7d avg −0.072%

Together, before fees−0.008%−$1 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.106% dearer against OKX than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.072%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX HIMS-USDT-SWAP	29.260	0	get 0.0000% / 8h	15m 34s	$289K	$188K	20x
Short	KuCoin HIMSUSDTM	29.270	0.0100	get 0.0100% / 8h	15m 34s	$136K	$22K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against OKX. 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 OKXbpFee KuCoinbpOrdersPrice spread, now +0.034%Rate

Funding earned: $21
Price spread: +0.034% → −0.072%: $10.59
Slippage, 4 orders: −$656.63
Fee OKX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$647.04
Costs to cover: 6.786%
Break-even: 222.7 days

Slippage from OKX: live order book, 60 min ago; KuCoin: live order book, 38 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 OKX live order book, 60 min ago	13.67 bp	33.8 bp −$34	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 38 min ago	29.09 bp	321.7 bp −$322	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
Aster HIMSUSDT	0.0000%	8h	29.262	+0.008%	$4K	$2K	20x	as long as short
Bybit HIMSUSDT	0.0000%	8h	29.270	+0.034%	$298K	$118K	25x	as long as short
OKX HIMS-USDT-SWAPlong	0.0000%	8h	29.260	long leg	$289K	$188K	20x
Gate HIMS_USDT	0.0000%	8h	29.279	+0.065%	$506K	$207K	25x	as long as short
Variational Omni HIMS	0.0000%	8h	29.291	+0.105%	$98K	$86K	—	as long as short
SunX HIMS-USDT	0.0000%	8h	29.286	+0.089%	—	$2.6M	10x	as long as short
HTX HIMS-USDT	0.0000%	8h	29.231	−0.099%	$7K	$37K	10x	as long as short
QFEX HIMS-USD	+0.0002%	1h	29.270	+0.034%	$1.3M	$674K	10x	as long as short
Binance HIMSUSDT	+0.0021%	8h	29.290	+0.103%	$1.0M	$2.7M	20x	as long as short
Vest HIMS-USD-PERP	+0.0046%	1h	29.240	−0.068%	—	—	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:HIMS	+0.0050%	1h	29.270	+0.034%	$3.3M	$1.7M	10x	as long as short
KuCoin HIMSUSDTMshort	+0.0100%	8h	29.270	+0.034%	$136K	$22K	20x
Nado HIMS-PERP	+0.0152%	1h	29.276	+0.053%	$2K	$2K	10x	as long as short
Injective HIMS/USDC PERP	+0.0220%	1h	29.590	+1.128%	$13K	$22K	5.5x	as long as short