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: Binance against KuCoin+0.020%7-day average +0.041% · you sell dearer than you buy

Net, funding: paid 7d − costs−$945as in the Funding arb table

Net, price: spread back to 7d avg − costs−$925as in the Price arb table

costs, in and out, $10k−$9239.227% of the position

Long on KuCoin Short on Binance

What this pair did over the last

the charts below follow

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

Price spread, last 2 days (all we have)+0.068%+$7 · spread now +0.020%, 7d avg +0.041%

Together, before fees−0.158%−$16 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Binance is 0.020% cheaper against KuCoin than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.041%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin HIMSUSDTM	29.260	0.0100	pay 0.0100% / 8h	5h 49m	$134K	$35K	20x
Short	Binance HIMSUSDT	29.266	0	get 0.0000% / 8h	5h 49m	$967K	$2.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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 KuCoinbpFee BinancebpOrdersPrice spread, now +0.020%Rate

Funding earned: −$21
Price spread: +0.020% → +0.041%: −$2.02
Slippage, 4 orders: −$900.67
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$945.69
Costs to cover: 9.227%
Break-even: never at this rate

Slippage from KuCoin: live order book, 39 min ago; Binance: live order book, 16 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 KuCoin live order book, 39 min ago	1.71 bp	409.0 bp −$409	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 16 min ago	1.71 bp	13.3 bp −$13	48.1 bp −$481	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	−0.0314%	1h	29.298	+0.129%	$2K	$2K	10x	as long as short
QFEX HIMS-USD	−0.0010%	1h	29.270	+0.034%	$1.3M	$587K	10x	as long as short
Aster HIMSUSDT	0.0000%	8h	29.269	+0.030%	$4K	$2K	20x	as long as short
Binance HIMSUSDTshort	0.0000%	8h	29.266	+0.020%	$967K	$2.6M	20x
Bybit HIMSUSDT	0.0000%	8h	29.290	+0.103%	$297K	$119K	25x	as long as short
OKX HIMS-USDT-SWAP	0.0000%	8h	29.250	−0.034%	$287K	$172K	20x	as long as short
Gate HIMS_USDT	0.0000%	8h	29.264	+0.014%	$506K	$201K	25x	as long as short
Variational Omni HIMS	0.0000%	8h	29.269	+0.032%	$98K	$78K	—	as long as short
SunX HIMS-USDT	0.0000%	8h	29.265	+0.017%	—	$2.4M	10x	as long as short
HTX HIMS-USDT	0.0000%	8h	29.154	−0.362%	$6K	$38K	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	29.280	+0.068%	—	—	10x	as long as short
tradeXYZ xyz:HIMS	+0.0050%	1h	29.278	+0.062%	$3.3M	$1.6M	10x	as long as short
KuCoin HIMSUSDTMlong	+0.0100%	8h	29.260	long leg	$134K	$35K	20x
Injective HIMS/USDC PERP	+0.0220%	1h	29.560	+1.025%	$13K	$22K	5.5x	as long as short