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 Bybit0.000%7-day average −0.044% · you sell dearer than you buy

Net, funding: paid 7d − costs−$884as in the Funding arb table

Net, price: spread back to 7d avg − costs−$896as in the Price arb table

costs, in and out, $10k−$9019.009% of the position

Long on Bybit 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)−0.131%−$13 · spread now 0.000%, 7d avg −0.044%

Together, before fees+0.038%+$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 0.044% dearer against Bybit than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.044%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit HIMSUSDT	29.120	0	get 0.0000% / 8h	31m 56s	$290K	$136K	25x
Short	KuCoin HIMSUSDTM	29.120	0.0100	get 0.0100% / 8h	31m 56s	$135K	$55K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. 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 BybitbpFee KuCoinbpOrdersPrice spread, now 0.000%Rate

Funding earned: $21
Price spread: 0.000% → −0.044%: $4.42
Slippage, 4 orders: −$877.86
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$875.44
Costs to cover: 9.009%
Break-even: 298.8 days

Slippage from Bybit: live order book, 62 min ago; KuCoin: live order book, 68 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 Bybit live order book, 62 min ago	8.58 bp	37.1 bp −$37	201.2 bp −$2,012	doesn't fit	doesn't fit
Sell KuCoin live order book, 68 min ago	12.00 bp	371.5 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
Aster HIMSUSDT	0.0000%	8h	29.099	−0.071%	$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 HIMSUSDTlong	0.0000%	8h	29.120	long leg	$290K	$136K	25x
OKX HIMS-USDT-SWAP	0.0000%	8h	29.140	+0.069%	$281K	$130K	20x	as long as short
Gate HIMS_USDT	0.0000%	8h	29.107	−0.045%	$504K	$204K	25x	as long as short
Variational Omni HIMS	0.0000%	8h	29.119	−0.002%	$97K	$77K	—	as long as short
SunX HIMS-USDT	0.0000%	8h	29.104	−0.055%	—	$2.4M	10x	as long as short
HTX HIMS-USDT	0.0000%	8h	29.132	+0.041%	$7K	$39K	10x	as long as short
Nado HIMS-PERP	0.0000%	1h	29.118	−0.008%	$2K	$2K	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	29.115	−0.017%	$3.4M	$1.6M	10x	as long as short
KuCoin HIMSUSDTMshort	+0.0100%	8h	29.120	0.000%	$135K	$55K	20x
Injective HIMS/USDC PERP	+0.0220%	1h	29.420	+1.030%	$13K	$22K	5.5x	as long as short