HIMS

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%

Price spread now: KuCoin against Gate+0.041%7-day average −0.016% · you sell dearer than you buy

Net, funding: paid 7d − costs−$870as in the Funding arb table

Net, price: spread back to 7d avg − costs−$881as in the Price arb table

costs, in and out, $10k−$8878.871% of the position

Long on Gate 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)−0.045%−$4 · spread now +0.041%, 7d avg −0.016%

Together, before fees+0.124%+$12 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 0.057% dearer against Gate than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.016%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate HIMS_USDT	29.108	0	get 0.0000% / 8h	6h 56m	$509K	$218K	25x
Short	KuCoin HIMSUSDTM	29.120	0.0100	get 0.0100% / 8h	6h 56m	$132K	$141K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Gate. 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 GatebpFee KuCoinbpOrdersPrice spread, now +0.041%Rate

Funding earned: $21
Price spread: +0.041% → −0.016%: $5.7
Slippage, 4 orders: −$860.14
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$860.44
Costs to cover: 8.871%
Break-even: 293.8 days

Slippage from Gate: live order book, 35 min ago; KuCoin: live order book, 24 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 Gate live order book, 35 min ago	14.01 bp	25.2 bp −$25	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 24 min ago	25.79 bp	477.2 bp −$477	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	29.114	+0.019%	$4K	$2K	20x	as long as short
Binance HIMSUSDT	0.0000%	8h	29.119	+0.038%	$964K	$2.9M	20x	as long as short
Bybit HIMSUSDT	0.0000%	8h	29.170	+0.213%	$290K	$139K	25x	as long as short
OKX HIMS-USDT-SWAP	0.0000%	8h	29.150	+0.144%	$280K	$130K	20x	as long as short
Gate HIMS_USDTlong	0.0000%	8h	29.108	long leg	$509K	$218K	25x
Variational Omni HIMS	0.0000%	8h	29.115	+0.023%	$97K	$75K	—	as long as short
SunX HIMS-USDT	0.0000%	8h	29.135	+0.093%	—	$2.1M	10x	as long as short
HTX HIMS-USDT	0.0000%	8h	29.189	+0.278%	$7K	$39K	10x	as long as short
QFEX HIMS-USD	+0.0022%	1h	29.130	+0.076%	$1.3M	$551K	10x	as long as short
Injective HIMS/USDC PERP	+0.0033%	1h	29.410	+1.038%	$13K	$22K	5.5x	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	29.130	+0.076%	—	—	10x	as long as short
tradeXYZ xyz:HIMS	+0.0052%	1h	29.170	+0.213%	$3.4M	$1.6M	10x	as long as short
KuCoin HIMSUSDTMshort	+0.0100%	8h	29.120	+0.041%	$132K	$141K	20x
Nado HIMS-PERP	+0.0138%	1h	29.118	+0.035%	$2K	$2K	10x	as long as short