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: Gate against KuCoin+0.062%7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$904as in the Funding arb table
Net, price: spread back to 7d avg − costs−$883as in the Price arb table
costs, in and out, $10k−$8878.871% of the position
Funding, last 7 days−0.169%−$17 on $10k
+Price spread, last 4 days (all we have)−0.058%−$6 · spread now +0.062%, 7d avg +0.016%
=The price spread pays, funding is against you. Gate is 0.046% dearer against KuCoin than usual: you sell high and buy low (spread +0.062% now, against its 7-day average of +0.016%): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 37 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin HIMSUSDTM | 29.110 | 0.0100 | pay 0.0100% / 8h | 6h 57m | $132K | $140K | 20x |
| Short | Gate HIMS_USDT | 29.128 | 0 | get 0.0000% / 8h | 6h 57m | $509K | $218K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against KuCoin. 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
- −$21
- Price spread: +0.062% → +0.016%
- $4.61
- Slippage, 4 orders
- −$860.14
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$903.53
- Costs to cover
- 8.871%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 23 min ago; Gate: live order book, 34 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, 23 min ago | 25.79 bp | 291.0 bp −$291 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 34 min ago | 14.01 bp | 93.8 bp −$94 | 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 | 29.119 | +0.030% | $4K | $2K | 20x | as long as short |
| Binance HIMSUSDT | 0.0000% | 8h | 29.146 | +0.125% | $965K | $2.9M | 20x | as long as short |
| Bybit HIMSUSDT | 0.0000% | 8h | 29.160 | +0.172% | $290K | $139K | 25x | as long as short |
| OKX HIMS-USDT-SWAP | 0.0000% | 8h | 29.150 | +0.137% | $280K | $130K | 20x | as long as short |
| Gate HIMS_USDTshort | 0.0000% | 8h | 29.128 | +0.062% | $509K | $218K | 25x | |
| Variational Omni HIMS | 0.0000% | 8h | 29.115 | +0.016% | $97K | $75K | — | as long as short |
| SunX HIMS-USDT | 0.0000% | 8h | 29.115 | +0.017% | — | $2.1M | 10x | as long as short |
| HTX HIMS-USDT | 0.0000% | 8h | 29.189 | +0.271% | $7K | $39K | 10x | as long as short |
| QFEX HIMS-USD | +0.0022% | 1h | 29.120 | +0.034% | $1.3M | $551K | 10x | as long as short |
| Injective HIMS/USDC PERP | +0.0033% | 1h | 29.410 | +1.031% | $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 | 29.110 | 0.000% | — | — | 10x | as long as short |
| KuCoin HIMSUSDTMlong | +0.0100% | 8h | 29.110 | long leg | $132K | $140K | 20x | |
| tradeXYZ xyz:HIMS | +0.0122% | 1h | 29.150 | +0.137% | $3.4M | $1.6M | 10x | as long as short |
| Nado HIMS-PERP | +0.0151% | 1h | 29.133 | +0.079% | $2K | $2K | 10x | as long as short |
KuCoin HIMSUSDTM
Gate HIMS_USDT
Aster HIMSUSDT
Binance HIMSUSDT
Bybit HIMSUSDT
OKX HIMS-USDT-SWAP
Variational Omni HIMS
SunX HIMS-USDT
HTX HIMS-USDT
Injective HIMS/USDC PERP
tradeXYZ xyz:HIMS