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 +0.028%

Price spread now: KuCoin against Binance+0.016%7-day average −0.014% · you sell dearer than you buy

Net, funding: paid 7d − costs−$904as in the Funding arb table

Net, price: spread back to 7d avg − costs−$924as in the Price arb table

costs, in and out, $10k−$9279.267% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.225%+$23 on $10k

Price spread, last 4 days (all we have)+0.019%+$2 · spread now +0.016%, 7d avg −0.014%

Together, before fees+0.245%+$24 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 0.031% dearer against Binance than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.014%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance HIMSUSDT	29.285	0	get 0.0000% / 8h	4h 08m	$964K	$2.6M	20x
Short	KuCoin HIMSUSDTM	29.290	0.0100	get 0.0100% / 8h	4h 08m	$135K	$36K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.016%Rate

Funding earned: $21
Price spread: +0.016% → −0.014%: $3.07
Slippage, 4 orders: −$904.73
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$902.66
Costs to cover: 9.267%
Break-even: 307.9 days

Slippage from Binance: live order book, 12 min ago; KuCoin: live order book, 66 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, 12 min ago	1.71 bp	16.3 bp −$16	53.2 bp −$532	doesn't fit	doesn't fit
Sell KuCoin live order book, 66 min ago	13.68 bp	392.8 bp −$393	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
QFEX HIMS-USD	−0.0002%	1h	29.290	+0.016%	$1.3M	$560K	10x	as long as short
Aster HIMSUSDT	0.0000%	8h	29.293	+0.028%	$4K	$2K	20x	as long as short
Binance HIMSUSDTlong	0.0000%	8h	29.285	long leg	$964K	$2.6M	20x
Bybit HIMSUSDT	0.0000%	8h	29.310	+0.085%	$296K	$120K	25x	as long as short
OKX HIMS-USDT-SWAP	0.0000%	8h	29.300	+0.050%	$287K	$174K	20x	as long as short
Gate HIMS_USDT	0.0000%	8h	29.273	−0.042%	$506K	$201K	25x	as long as short
Variational Omni HIMS	0.0000%	8h	29.300	+0.049%	$98K	$78K	—	as long as short
SunX HIMS-USDT	0.0000%	8h	29.306	+0.071%	—	$2.4M	10x	as long as short
HTX HIMS-USDT	0.0000%	8h	29.104	−0.619%	$7K	$38K	10x	as long as short
Vest HIMS-USD-PERP	+0.0046%	1h	29.300	+0.050%	—	—	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	29.288	+0.009%	$3.3M	$1.6M	10x	as long as short
Nado HIMS-PERP	+0.0074%	1h	29.318	+0.113%	$2K	$2K	10x	as long as short
KuCoin HIMSUSDTMshort	+0.0100%	8h	29.290	+0.016%	$135K	$36K	20x
Injective HIMS/USDC PERP	+0.0220%	1h	29.580	+1.007%	$13K	$22K	5.5x	as long as short