Funding you earn now, next payment 03:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.001%
Price spread now: tradeXYZ against Bybit−0.068%7-day average −0.061% · you buy dearer than you sell
Net, funding: paid 7d − costs−$229as in the Funding arb table
Net, price: spread back to 7d avg − costs−$224as in the Price arb table
costs, in and out, $10k−$2242.237% of the position
Funding, last 7 days−0.050%−$5 on $10k
+Price spread, last 4 days (all we have)−0.021%−$2 · spread now −0.068%, 7d avg −0.061%
=Together, before fees−0.070%+ Points / potential airdroptradeXYZ: Active · farm board−$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.061%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit HIMSUSDT | 29.270 | 0 | get 0.0000% / 8h | 5h 22m | $297K | $119K | 25x |
| Short | tradeXYZ xyz:HIMS | 29.250 | 0.0050 | get 0.0006% / 1h | 22m 55s | $3.3M | $1.6M | 10x |
Bybit HIMSUSDT
tradeXYZ xyz:HIMSFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Bybit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $10.5
- Price spread: −0.068% → −0.061%
- −$0.75
- Slippage, 4 orders
- −$194.71
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$213.96
- Costs to cover
- 2.237%
- Break-even
- 149.6 days
Slippage from Bybit: live order book, 31 min ago; tradeXYZ: live order book, 4 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, 31 min ago | 3.41 bp | 89.5 bp −$89 | 211.7 bp −$2,117 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 4 min ago | 4.27 bp | 14.0 bp −$14 | 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 | −0.0322% | 1h | 29.297 | +0.094% | $2K | $2K | 10x | as long as short |
| QFEX HIMS-USD | −0.0010% | 1h | 29.250 | −0.068% | $1.3M | $572K | 10x | as long as short |
| Aster HIMSUSDT | 0.0000% | 8h | 29.270 | 0.000% | $4K | $2K | 20x | as long as short |
| Binance HIMSUSDT | 0.0000% | 8h | 29.270 | 0.000% | $967K | $2.6M | 20x | as long as short |
| Bybit HIMSUSDTlong | 0.0000% | 8h | 29.270 | long leg | $297K | $119K | 25x | |
| OKX HIMS-USDT-SWAP | 0.0000% | 8h | 29.240 | −0.102% | $287K | $172K | 20x | as long as short |
| Gate HIMS_USDT | 0.0000% | 8h | 29.244 | −0.089% | $506K | $202K | 25x | as long as short |
| Variational Omni HIMS | 0.0000% | 8h | 29.259 | −0.038% | $98K | $78K | — | as long as short |
| SunX HIMS-USDT | 0.0000% | 8h | 29.249 | −0.072% | — | $2.4M | 10x | as long as short |
| HTX HIMS-USDT | 0.0000% | 8h | 29.289 | +0.065% | $6K | $38K | 10x | as long as short |
Nado HIMS-PERP
QFEX HIMS-USD
Aster HIMSUSDT
Binance HIMSUSDT
OKX HIMS-USDT-SWAP
Gate HIMS_USDT
Variational Omni HIMS
SunX HIMS-USDT
HTX HIMS-USDTShow 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 | +0.034% | — | — | 10x | as long as short |
| tradeXYZ xyz:HIMSshort | +0.0050% | 1h | 29.250 | −0.068% | $3.3M | $1.6M | 10x | |
| KuCoin HIMSUSDTM | +0.0100% | 8h | 29.260 | −0.034% | $134K | $35K | 20x | as long as short |
| Injective HIMS/USDC PERP | +0.0220% | 1h | 29.570 | +1.025% | $13K | $22K | 5.5x | as long as short |
Vest HIMS-USD-PERP
KuCoin HIMSUSDTM
Injective HIMS/USDC PERP