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: Gate against KuCoin−0.034%7-day average +0.016% · you buy dearer than you sell

Net, funding: paid 7d − costs−$1,354as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,342as in the Price arb table

costs, in and out, $10k−$1,33713.367% of the position

Long on KuCoin Short on Gate

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)+0.079%+$8 · spread now −0.034%, 7d avg +0.016%

Together, before fees−0.090%−$9 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 Gate is 0.051% cheaper against KuCoin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.016%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin HIMSUSDTM	29.120	0.0100	pay 0.0100% / 8h	33m 34s	$136K	$55K	20x
Short	Gate HIMS_USDT	29.110	0	get 0.0000% / 8h	33m 34s	$504K	$203K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.034%Rate

Funding earned: −$21
Price spread: −0.034% → +0.016%: −$5.08
Slippage, 4 orders: −$1,309.71
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$1,362.8
Costs to cover: 13.367%
Break-even: never at this rate

Slippage from KuCoin: live order book, 67 min ago; Gate: live order book, 2 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, 67 min ago	12.00 bp	446.0 bp −$446	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 2 min ago	8.42 bp	260.3 bp −$260	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	−0.0003%	1h	29.118	−0.007%	$2K	$2K	10x	as long as short
Aster HIMSUSDT	0.0000%	8h	29.107	−0.046%	$4K	$2K	20x	as long as short
Binance HIMSUSDT	0.0000%	8h	29.120	0.000%	$962K	$2.7M	20x	as long as short
Bybit HIMSUSDT	0.0000%	8h	29.130	+0.034%	$290K	$136K	25x	as long as short
OKX HIMS-USDT-SWAP	0.0000%	8h	29.140	+0.069%	$281K	$130K	20x	as long as short
Gate HIMS_USDTshort	0.0000%	8h	29.110	−0.034%	$504K	$203K	25x
Variational Omni HIMS	0.0000%	8h	29.119	−0.002%	$97K	$77K	—	as long as short
SunX HIMS-USDT	0.0000%	8h	29.087	−0.113%	—	$2.4M	10x	as long as short
HTX HIMS-USDT	0.0000%	8h	29.132	+0.041%	$6K	$39K	10x	as long as short
QFEX HIMS-USD	+0.0013%	1h	29.120	0.000%	$1.3M	$552K	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	29.120	0.000%	—	—	10x	as long as short
tradeXYZ xyz:HIMS	+0.0050%	1h	29.114	−0.021%	$3.4M	$1.6M	10x	as long as short
KuCoin HIMSUSDTMlong	+0.0100%	8h	29.120	long leg	$136K	$55K	20x
Injective HIMS/USDC PERP	+0.0220%	1h	29.420	+1.030%	$13K	$22K	5.5x	as long as short