Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.011%
Price spread now: tradeXYZ against OKX−0.086%7-day average −0.081% · you buy dearer than you sell
Net, funding: paid 7d − costs−$136as in the Funding arb table
Net, price: spread back to 7d avg − costs−$134as in the Price arb table
costs, in and out, $10k−$1331.332% of the position
Funding, last 7 days−0.032%−$3 on $10k
+Price spread, last 4 days (all we have)+0.039%+$4 · spread now −0.086%, 7d avg −0.081%
=Together, before fees+0.006%+ Points / potential airdroptradeXYZ: Active · farm board+$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.081%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX HIMS-USDT-SWAP | 29.140 | 0 | get 0.0000% / 8h | 31m 09s | $281K | $130K | 20x |
| Short | tradeXYZ xyz:HIMS | 29.115 | 0.0050 | get 0.0006% / 1h | 31m 09s | $3.4M | $1.6M | 10x |
OKX HIMS-USDT-SWAP
tradeXYZ xyz:HIMSFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against OKX. 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
- $10.5
- Price spread: −0.086% → −0.081%
- −$0.49
- Slippage, 4 orders
- −$105.23
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$123.21
- Costs to cover
- 1.332%
- Break-even
- 89.1 days
Slippage from OKX: live order book, 4 min ago; tradeXYZ: live order book, 7 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, 4 min ago | 8.59 bp | 38.4 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 7 min ago | 4.98 bp | 17.8 bp −$18 | 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 | 29.105 | −0.121% | $4K | $2K | 20x | as long as short |
| Binance HIMSUSDT | 0.0000% | 8h | 29.120 | −0.069% | $962K | $2.7M | 20x | as long as short |
| Bybit HIMSUSDT | 0.0000% | 8h | 29.120 | −0.069% | $290K | $136K | 25x | as long as short |
| OKX HIMS-USDT-SWAPlong | 0.0000% | 8h | 29.140 | long leg | $281K | $130K | 20x | |
| Gate HIMS_USDT | 0.0000% | 8h | 29.110 | −0.103% | $504K | $204K | 25x | as long as short |
| Variational Omni HIMS | 0.0000% | 8h | 29.119 | −0.071% | $97K | $77K | — | as long as short |
| SunX HIMS-USDT | 0.0000% | 8h | 29.099 | −0.141% | — | $2.4M | 10x | as long as short |
| HTX HIMS-USDT | 0.0000% | 8h | 28.960 | −0.618% | $6K | $39K | 10x | as long as short |
| Nado HIMS-PERP | +0.0002% | 1h | 29.118 | −0.076% | $2K | $2K | 10x | as long as short |
| QFEX HIMS-USD | +0.0013% | 1h | 29.120 | −0.069% | $1.3M | $550K | 10x | as long as short |
Aster HIMSUSDT
Binance HIMSUSDT
Bybit HIMSUSDT
Gate HIMS_USDT
Variational Omni HIMS
SunX HIMS-USDT
HTX HIMS-USDT
Nado HIMS-PERP
QFEX HIMS-USDShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest HIMS-USD-PERP | +0.0046% | 1h | 29.120 | −0.069% | — | — | 10x | as long as short |
| tradeXYZ xyz:HIMSshort | +0.0050% | 1h | 29.115 | −0.086% | $3.4M | $1.6M | 10x | |
| KuCoin HIMSUSDTM | +0.0100% | 8h | 29.120 | −0.069% | $135K | $55K | 20x | as long as short |
| Injective HIMS/USDC PERP | +0.0220% | 1h | 29.420 | +0.961% | $13K | $22K | 5.5x | as long as short |
Vest HIMS-USD-PERP
KuCoin HIMSUSDTM
Injective HIMS/USDC PERP