HIMS

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0031%/8h= −3.4% APRnext payment −$0.31 per $10,000 · paid last 24h 0.000%

Price spread now: Gate against Binance−0.034%7-day average −0.015% · you buy dearer than you sell

Net, funding: paid 7d − costs−$99as in the Funding arb table

Net, price: spread back to 7d avg − costs−$107as in the Price arb table

costs, in and out, $10k−$1051.047% of the position

Long on Binance Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.058%+$6 on $10k

Price spread, last 2 days (all we have)+0.043%+$4 · spread now −0.034%, 7d avg −0.015%

Together, before fees+0.101%+$10 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.015%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.058%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance HIMSUSDT	29.260	0.0031	pay 0.0031% / 8h	43m 51s	$1.0M	$2.7M	20x
Short	Gate HIMS_USDT	29.250	0	get 0.0000% / 8h	43m 51s	$505K	$205K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Binance. 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 BinancebpFee GatebpOrdersPrice spread, now −0.034%Rate

Funding earned: −$6.59
Price spread: −0.034% → −0.015%: −$1.95
Slippage, 4 orders: −$79.7
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$113.24
Costs to cover: 1.047%
Break-even: never at this rate

Slippage from Binance: live order book, 6 min ago; Gate: live order book, 32 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 Binance live order book, 6 min ago	1.71 bp	13.5 bp −$14	42.9 bp −$429	doesn't fit	doesn't fit
Sell Gate live order book, 32 min ago	13.85 bp	28.8 bp −$29	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	29.242	−0.061%	$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-SWAP	0.0000%	8h	29.230	−0.103%	$288K	$187K	20x	as long as short
Gate HIMS_USDTshort	0.0000%	8h	29.250	−0.034%	$505K	$205K	25x
Variational Omni HIMS	0.0000%	8h	29.261	+0.005%	$97K	$87K	—	as long as short
SunX HIMS-USDT	0.0000%	8h	29.262	+0.007%	—	$2.6M	10x	as long as short
HTX HIMS-USDT	0.0000%	8h	29.228	−0.109%	$6K	$38K	10x	as long as short
QFEX HIMS-USD	+0.0002%	1h	29.260	0.000%	$1.3M	$663K	10x	as long as short
Binance HIMSUSDTlong	+0.0031%	8h	29.260	long leg	$1.0M	$2.7M	20x
Vest HIMS-USD-PERP	+0.0046%	1h	29.280	+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	+0.0066%	1h	29.254	−0.021%	$3.3M	$1.7M	10x	as long as short
KuCoin HIMSUSDTM	+0.0100%	8h	29.240	−0.068%	$136K	$22K	20x	as long as short
Injective HIMS/USDC PERP	+0.0220%	1h	29.600	+1.162%	$13K	$22K	5.5x	as long as short
Nado HIMS-PERP	+0.0226%	1h	29.245	−0.050%	$2K	$2K	10x	as long as short