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 −0.028%

Price spread now: Binance against KuCoin+0.055%7-day average +0.021% · 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−$844as in the Price arb table

costs, in and out, $10k−$8478.472% of the position

Long on KuCoin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.225%−$23 on $10k

Price spread, last 4 days (all we have)−0.175%−$17 · spread now +0.055%, 7d avg +0.021%

Together, before fees−0.400%−$40 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Binance is 0.034% dearer against KuCoin than usual: you sell high and buy low (spread +0.055% now, against its 7-day average of +0.021%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 27 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin HIMSUSDTM	29.170	0.0100	pay 0.0100% / 8h	5h 44m	$132K	$208K	20x
Short	Binance HIMSUSDT	29.186	0	get 0.0000% / 8h	5h 44m	$962K	$2.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now +0.055%Rate

Funding earned: −$21
Price spread: +0.055% → +0.021%: $3.43
Slippage, 4 orders: −$825.24
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$864.81
Costs to cover: 8.472%
Break-even: never at this rate

Slippage from KuCoin: live order book, 57 min ago; Binance: live order book, 14 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, 57 min ago	13.77 bp	417.1 bp −$417	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 14 min ago	3.43 bp	18.8 bp −$19	48.5 bp −$485	doesn't fit	doesn't fit

HIMS on 14 exchanges

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	29.163	−0.023%	$4K	$2K	20x	as long as short
Binance HIMSUSDTshort	0.0000%	8h	29.186	+0.055%	$962K	$2.8M	20x
Bybit HIMSUSDT	0.0000%	8h	29.200	+0.103%	$290K	$139K	25x	as long as short
OKX HIMS-USDT-SWAP	0.0000%	8h	29.220	+0.171%	$281K	$130K	20x	as long as short
Gate HIMS_USDT	0.0000%	8h	29.176	+0.021%	$518K	$235K	25x	as long as short
Variational Omni HIMS	0.0000%	8h	29.183	+0.043%	$97K	$75K	—	as long as short
SunX HIMS-USDT	0.0000%	8h	29.189	+0.065%	—	$1.7M	10x	as long as short
HTX HIMS-USDT	0.0000%	8h	29.128	−0.144%	$6K	$39K	10x	as long as short
QFEX HIMS-USD	+0.0004%	1h	29.180	+0.034%	$1.3M	$514K	10x	as long as short
Vest HIMS-USD-PERP	+0.0046%	1h	29.180	+0.034%	—	—	10x	as long as short

Show all 14 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado HIMS-PERP	+0.0078%	1h	29.190	+0.067%	$2K	$2K	10x	as long as short
KuCoin HIMSUSDTMlong	+0.0100%	8h	29.170	long leg	$132K	$208K	20x
tradeXYZ xyz:HIMS	+0.0109%	1h	29.198	+0.096%	$3.4M	$1.6M	10x	as long as short
Injective HIMS/USDC PERP	+0.0220%	1h	29.430	+0.891%	$13K	$22K	5.5x	as long as short