HIMS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%

Price spread now: KuCoin against OKX+0.034%7-day average −0.069% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,021as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,028as in the Price arb table

costs, in and out, $10k−$1,03810.380% of the position

Long on OKX 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)−0.462%−$46 · spread now +0.034%, 7d avg −0.069%

Together, before fees−0.293%−$29 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 0.103% dearer against OKX than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.069%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX HIMS-USDT-SWAP	29.250	0	get 0.0000% / 8h	5h 25m	$287K	$172K	20x
Short	KuCoin HIMSUSDTM	29.260	0.0100	get 0.0100% / 8h	5h 25m	$134K	$35K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against OKX. 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 OKXbpFee KuCoinbpOrdersPrice spread, now +0.034%Rate

Funding earned: $21
Price spread: +0.034% → −0.069%: $10.3
Slippage, 4 orders: −$1,016.03
Fee OKX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,006.73
Costs to cover: 10.380%
Break-even: 342.6 days

Slippage from OKX: live order book, 35 min ago; KuCoin: live order book, 63 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 OKX live order book, 35 min ago	8.54 bp	84.7 bp −$85	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 63 min ago	1.71 bp	484.8 bp −$485	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	−0.0314%	1h	29.298	+0.163%	$2K	$2K	10x	as long as short
QFEX HIMS-USD	−0.0010%	1h	29.260	+0.034%	$1.3M	$572K	10x	as long as short
Aster HIMSUSDT	0.0000%	8h	29.274	+0.083%	$4K	$2K	20x	as long as short
Binance HIMSUSDT	0.0000%	8h	29.266	+0.054%	$966K	$2.6M	20x	as long as short
Bybit HIMSUSDT	0.0000%	8h	29.290	+0.137%	$297K	$119K	25x	as long as short
OKX HIMS-USDT-SWAPlong	0.0000%	8h	29.250	long leg	$287K	$172K	20x
Gate HIMS_USDT	0.0000%	8h	29.252	+0.007%	$506K	$202K	25x	as long as short
Variational Omni HIMS	0.0000%	8h	29.259	+0.031%	$98K	$78K	—	as long as short
SunX HIMS-USDT	0.0000%	8h	29.245	−0.017%	—	$2.4M	10x	as long as short
HTX HIMS-USDT	0.0000%	8h	29.179	−0.243%	$6K	$38K	10x	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	29.280	+0.103%	—	—	10x	as long as short
tradeXYZ xyz:HIMS	+0.0050%	1h	29.274	+0.082%	$3.3M	$1.6M	10x	as long as short
KuCoin HIMSUSDTMshort	+0.0100%	8h	29.260	+0.034%	$134K	$35K	20x
Injective HIMS/USDC PERP	+0.0220%	1h	29.570	+1.094%	$13K	$22K	5.5x	as long as short