Settings8H · net · $10k
Funding arb · Price arb /

HIMS

RWAall HIMS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.029%
Price spread now: tradeXYZ against KuCoin−0.017%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$945as in the Funding arb table
Net, price: spread back to 7d avg − costs−$923as in the Price arb table
costs, in and out, $10k−$9239.232% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.218%−$22 on $10k
Price spread, last 4 days (all we have)+0.320%+$32 · spread now −0.017%, 7d avg −0.020%
Together, before fees+0.102%+ Points / potential airdroptradeXYZ: Active · farm board+$10 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.020%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin HIMSUSDTM29.2600.0100pay 0.0100% / 8h4h 59m$134K$35K20x
ShorttradeXYZ xyz:HIMS29.2550.0050get 0.0006% / 1h59m 07s$3.3M$1.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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

Funding earned
−$10.5
Price spread: −0.017% → −0.020%
$0.26
Slippage, 4 orders
−$893.24
Fee KuCoin: 6 bp × 2 orders
−$12
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$933.49
Costs to cover
9.232%
Break-even
never at this rate
Slippage from KuCoin: live order book, 15 min ago; tradeXYZ: live order book, 9 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 15 min ago13.68 bp500.3 bp −$500doesn't fitdoesn't fitdoesn't fit
Sell tradeXYZ live order book, 9 min ago3.93 bp14.2 bp −$14doesn't fitdoesn't fitdoesn't fit

HIMS on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX HIMS-USD−0.0010%1h29.250−0.034%$1.3M$568K10xas long as short
Aster HIMSUSDT0.0000%8h29.251−0.032%$4K$2K20xas long as short
Binance HIMSUSDT0.0000%8h29.2600.000%$965K$2.6M20xas long as short
Bybit HIMSUSDT0.0000%8h29.270+0.034%$297K$119K25xas long as short
OKX HIMS-USDT-SWAP0.0000%8h29.2600.000%$287K$173K20xas long as short
Gate HIMS_USDT0.0000%8h29.232−0.096%$506K$198K25xas long as short
Variational Omni HIMS0.0000%8h29.264+0.015%$98K$78Kas long as short
SunX HIMS-USDT0.0000%8h29.251−0.031%$2.4M10xas long as short
HTX HIMS-USDT0.0000%8h29.323+0.215%$7K$38K10xas long as short
Vest HIMS-USD-PERP+0.0046%1h29.2600.000%10xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:HIMSshort+0.0050%1h29.255−0.017%$3.3M$1.6M10x
Nado HIMS-PERP+0.0081%1h29.248−0.039%$2K$2K10xas long as short
KuCoin HIMSUSDTMlong+0.0100%8h29.260long leg$134K$35K20x
Injective HIMS/USDC PERP+0.0220%1h29.550+0.991%$13K$22K5.5xas long as short