Funding you earn now, next payment 08:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.009%
Price spread now: Bybit against tradeXYZ+0.045%7-day average +0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$117as in the Price arb table
costs, in and out, $10k−$1151.151% of the position
Funding, last 7 days+0.037%+$4 on $10k
+Price spread, last 4 days (all we have)−0.002%$0 · spread now +0.045%, 7d avg +0.061%
=Together, before fees+0.035%+ Points / potential airdroptradeXYZ: Active · farm board+$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.061%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:HIMS | 29.147 | 0.0050 | pay 0.0006% / 1h | 57m 47s | $3.4M | $1.6M | 10x |
| Short | Bybit HIMSUSDT | 29.160 | 0 | get 0.0000% / 8h | 57m 47s | $291K | $137K | 25x |
tradeXYZ xyz:HIMS
Bybit HIMSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against tradeXYZ. 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
- −$10.5
- Price spread: +0.045% → +0.061%
- −$1.61
- Slippage, 4 orders
- −$86.11
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$127.22
- Costs to cover
- 1.151%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 10 min ago; Bybit: live order book, 36 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 tradeXYZ live order book, 10 min ago | 2.92 bp | 14.6 bp −$15 | 29.7 bp −$297 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 36 min ago | 8.58 bp | 46.3 bp −$46 | 210.5 bp −$2,105 | 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 | +0.055% | $2K | $2K | 10x | as long as short |
| Aster HIMSUSDT | 0.0000% | 8h | 29.149 | +0.007% | $4K | $2K | 20x | as long as short |
| Binance HIMSUSDT | 0.0000% | 8h | 29.159 | +0.040% | $963K | $2.7M | 20x | as long as short |
| Bybit HIMSUSDTshort | 0.0000% | 8h | 29.160 | +0.045% | $291K | $137K | 25x | |
| OKX HIMS-USDT-SWAP | 0.0000% | 8h | 29.150 | +0.010% | $281K | $130K | 20x | as long as short |
| Gate HIMS_USDT | 0.0000% | 8h | 29.143 | −0.014% | $506K | $202K | 25x | as long as short |
| Variational Omni HIMS | 0.0000% | 8h | 29.150 | +0.010% | $97K | $78K | — | as long as short |
| SunX HIMS-USDT | 0.0000% | 8h | 29.138 | −0.031% | — | $2.4M | 10x | as long as short |
| HTX HIMS-USDT | 0.0000% | 8h | 29.103 | −0.151% | $6K | $39K | 10x | as long as short |
| QFEX HIMS-USD | +0.0004% | 1h | 29.160 | +0.045% | $1.3M | $547K | 10x | as long as short |
Nado HIMS-PERP
Aster HIMSUSDT
Binance HIMSUSDT
OKX HIMS-USDT-SWAP
Gate HIMS_USDT
Variational Omni HIMS
SunX HIMS-USDT
HTX HIMS-USDT
QFEX HIMS-USDShow 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 | +0.045% | — | — | 10x | as long as short |
| tradeXYZ xyz:HIMSlong | +0.0050% | 1h | 29.147 | long leg | $3.4M | $1.6M | 10x | |
| KuCoin HIMSUSDTM | +0.0100% | 8h | 29.110 | −0.127% | $135K | $55K | 20x | as long as short |
| Injective HIMS/USDC PERP | +0.0220% | 1h | 29.390 | +0.834% | $13K | $22K | 5.5x | as long as short |
Vest HIMS-USD-PERP
KuCoin HIMSUSDTM
Injective HIMS/USDC PERP