HIMS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0037%/8h= −4.0% APRnext payment −$0.05 per $10,000 · paid last 24h −0.011%

Price spread now: QFEX against tradeXYZ+0.014%49s7-day average +0.015% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$590.592% of the position

Long on tradeXYZ Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.028%+$3 on $10k

Price spread, last 7 days−0.011%−$1 · spread now +0.014%, 7d avg +0.015%

Together, before fees+0.017%+ Points / potential airdroptradeXYZ: Active · farm board+$2 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. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:HIMS	29.116	0.0050	pay 0.0006% / 1h	30m 44s	$3.4M	$1.6M	10x
Short	QFEX HIMS-USD	29.120	0.0013	get 0.0002% / 1h	30m 44s	$1.3M	$550K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX against tradeXYZ. 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 tradeXYZbpFee QFEXbpOrdersPrice spread, now +0.014%Rate

Funding earned: −$7.74
Price spread: +0.014% → +0.015%: −$0.08
Slippage, 4 orders: −$31.17
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$66.99
Costs to cover: 0.592%
Break-even: never at this rate

Slippage from tradeXYZ: live order book, 7 min ago; QFEX: live order book, 5 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 tradeXYZ live order book, 7 min ago	4.98 bp	21.0 bp −$21	doesn't fit	doesn't fit	doesn't fit
Sell QFEX live order book, 5 min ago	3.43 bp	10.1 bp −$10	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	29.106	−0.034%	$4K	$2K	20x	as long as short
Binance HIMSUSDT	0.0000%	8h	29.120	+0.014%	$962K	$2.7M	20x	as long as short
Bybit HIMSUSDT	0.0000%	8h	29.120	+0.014%	$290K	$136K	25x	as long as short
OKX HIMS-USDT-SWAP	0.0000%	8h	29.140	+0.082%	$281K	$130K	20x	as long as short
Gate HIMS_USDT	0.0000%	8h	29.110	−0.021%	$504K	$204K	25x	as long as short
Variational Omni HIMS	0.0000%	8h	29.120	+0.012%	$97K	$77K	—	as long as short
SunX HIMS-USDT	0.0000%	8h	29.099	−0.058%	—	$2.4M	10x	as long as short
HTX HIMS-USDT	0.0000%	8h	28.960	−0.536%	$6K	$39K	10x	as long as short
Nado HIMS-PERP	+0.0002%	1h	29.118	+0.006%	$2K	$2K	10x	as long as short
QFEX HIMS-USDshort	+0.0013%	1h	29.120	+0.014%	$1.3M	$550K	10x

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	+0.014%	—	—	10x	as long as short
tradeXYZ xyz:HIMSlong	+0.0050%	1h	29.116	long leg	$3.4M	$1.6M	10x
KuCoin HIMSUSDTM	+0.0100%	8h	29.120	+0.014%	$135K	$55K	20x	as long as short
Injective HIMS/USDC PERP	+0.0220%	1h	29.420	+1.044%	$13K	$22K	5.5x	as long as short