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 +0.030%

Price spread now: KuCoin against Gate+0.089%7-day average −0.015% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,104as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,111as in the Price arb table

costs, in and out, $10k−$1,12111.214% of the position

Long on Gate 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)−0.126%−$13 · spread now +0.089%, 7d avg −0.015%

Together, before fees+0.043%+$4 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 0.104% dearer against Gate than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.015%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate HIMS_USDT	29.214	0	get 0.0000% / 8h	3h 39m	$505K	$199K	25x
Short	KuCoin HIMSUSDTM	29.240	0.0100	get 0.0100% / 8h	3h 39m	$134K	$36K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Gate. 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 GatebpFee KuCoinbpOrdersPrice spread, now +0.089%Rate

Funding earned: $21
Price spread: +0.089% → −0.015%: $10.42
Slippage, 4 orders: −$1,094.38
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,089.96
Costs to cover: 11.214%
Break-even: 370.3 days

Slippage from Gate: live order book, 11 min ago; KuCoin: live order book, 24 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 Gate live order book, 11 min ago	12.66 bp	201.7 bp −$202	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 24 min ago	35.92 bp	371.0 bp −$371	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
Nado HIMS-PERP	−0.0207%	1h	29.248	+0.118%	$2K	$2K	10x	as long as short
QFEX HIMS-USD	−0.0008%	1h	29.230	+0.055%	$1.3M	$533K	10x	as long as short
Aster HIMSUSDT	0.0000%	8h	29.236	+0.075%	$4K	$2K	20x	as long as short
Binance HIMSUSDT	0.0000%	8h	29.243	+0.098%	$963K	$2.6M	20x	as long as short
Bybit HIMSUSDT	0.0000%	8h	29.240	+0.089%	$295K	$120K	25x	as long as short
OKX HIMS-USDT-SWAP	0.0000%	8h	29.260	+0.157%	$287K	$173K	20x	as long as short
Gate HIMS_USDTlong	0.0000%	8h	29.214	long leg	$505K	$199K	25x
Variational Omni HIMS	0.0000%	8h	29.250	+0.123%	$98K	$78K	—	as long as short
SunX HIMS-USDT	0.0000%	8h	29.238	+0.082%	—	$2.4M	10x	as long as short
HTX HIMS-USDT	0.0000%	8h	29.217	+0.010%	$7K	$39K	10x	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	29.240	+0.089%	—	—	10x	as long as short
tradeXYZ xyz:HIMS	+0.0050%	1h	29.236	+0.075%	$3.3M	$1.6M	10x	as long as short
KuCoin HIMSUSDTMshort	+0.0100%	8h	29.240	+0.089%	$134K	$36K	20x
Injective HIMS/USDC PERP	+0.0220%	1h	29.560	+1.184%	$13K	$22K	5.5x	as long as short