Funding you earn now, next payment 09:00 UTC+0.0056%/8h= +6.1% APRnext payment +$0.07 per $10,000 · paid last 24h +0.011%
Price spread now: tradeXYZ against QFEX−0.034%7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$1051.054% of the position
Funding, last 4 days (all we have)−0.028%−$3 on $10k
+Price spread, last 7 days+0.039%+$4 · spread now −0.034%, 7d avg −0.012%
=Together, before fees+0.011%+ Points / potential airdroptradeXYZ: Active · farm board+$1 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.022% cheaper against QFEX than usual: you would sell low and buy high (spread −0.034% now, against its 7-day average of −0.012%). If the spread goes back, that is −$2 on $10k: about 32 hours of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX HIMS-USD | 29.130 | 0.0022 | pay 0.0003% / 1h | 56m 21s | $1.3M | $551K | 10x |
| Short | tradeXYZ xyz:HIMS | 29.120 | 0.0078 | get 0.0010% / 1h | 56m 21s | $3.4M | $1.6M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against QFEX. 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
- $11.72
- Price spread: −0.034% → −0.012%
- −$2.22
- Slippage, 4 orders
- −$77.43
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$95.94
- Costs to cover
- 1.054%
- Break-even
- 64.3 days
Slippage from QFEX: live order book, 5 min ago; tradeXYZ: live order book, 2 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 QFEX live order book, 5 min ago | 29.19 bp | 36.2 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 2 min ago | 3.95 bp | 15.7 bp −$16 | 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 | 29.115 | −0.051% | $4K | $2K | 20x | as long as short |
| Binance HIMSUSDT | 0.0000% | 8h | 29.120 | −0.034% | $964K | $2.9M | 20x | as long as short |
| Bybit HIMSUSDT | 0.0000% | 8h | 29.160 | +0.103% | $290K | $139K | 25x | as long as short |
| OKX HIMS-USDT-SWAP | 0.0000% | 8h | 29.150 | +0.069% | $280K | $130K | 20x | as long as short |
| Gate HIMS_USDT | 0.0000% | 8h | 29.109 | −0.072% | $509K | $218K | 25x | as long as short |
| Variational Omni HIMS | 0.0000% | 8h | 29.115 | −0.053% | $97K | $75K | — | as long as short |
| SunX HIMS-USDT | 0.0000% | 8h | 29.115 | −0.051% | — | $2.1M | 10x | as long as short |
| HTX HIMS-USDT | 0.0000% | 8h | 29.189 | +0.203% | $7K | $39K | 10x | as long as short |
| QFEX HIMS-USDlong | +0.0022% | 1h | 29.130 | long leg | $1.3M | $551K | 10x | |
| Injective HIMS/USDC PERP | +0.0033% | 1h | 29.410 | +0.961% | $13K | $22K | 5.5x | 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 | 29.130 | 0.000% | — | — | 10x | as long as short |
| tradeXYZ xyz:HIMSshort | +0.0078% | 1h | 29.120 | −0.034% | $3.4M | $1.6M | 10x | |
| KuCoin HIMSUSDTM | +0.0100% | 8h | 29.120 | −0.034% | $132K | $141K | 20x | as long as short |
| Nado HIMS-PERP | +0.0138% | 1h | 29.118 | −0.041% | $2K | $2K | 10x | as long as short |
tradeXYZ xyz:HIMS
Aster HIMSUSDT
Binance HIMSUSDT
Bybit HIMSUSDT
OKX HIMS-USDT-SWAP
Gate HIMS_USDT
Variational Omni HIMS
SunX HIMS-USDT
HTX HIMS-USDT
Injective HIMS/USDC PERP
KuCoin HIMSUSDTM