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

HIMS

RWAall HIMS markets
SwapBacktest
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 SunX−0.017%7-day average +0.006% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.169%+$17 on $10k
Price spread, last 3 days (all we have)+0.047%+$5 · spread now −0.017%, 7d avg +0.006%
Together, before fees+0.216%+$22 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.023% cheaper against SunX than usual: you would sell low and buy high (spread −0.017% now, against its 7-day average of +0.006%). If the spread goes back, that is −$2 on $10k: about 18 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX HIMS-USDT29.2350get 0.0000% / 8h6h 33m$2.5M10x
ShortKuCoin HIMSUSDTM29.2300.0100get 0.0100% / 8h6h 33m$134K$32K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against SunX. 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
$21
Price spread: −0.017% → +0.006%
−$2.28
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1.28
Costs to cover
0.200%
Break-even
7.4 days
Slippage unknown: SunX: live order book, 3 min ago; KuCoin: live order book, 70 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 3 min ago508.42 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 70 min ago32.46 bp348.8 bp −$349doesn'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
Nado HIMS-PERP−0.0128%1h29.266+0.108%$2K$2K10xas long as short
Aster HIMSUSDT0.0000%8h29.244+0.032%$4K$2K20xas long as short
Binance HIMSUSDT0.0000%8h29.250+0.051%$966K$2.6M20xas long as short
Bybit HIMSUSDT0.0000%8h29.260+0.086%$297K$118K25xas long as short
OKX HIMS-USDT-SWAP0.0000%8h29.220−0.051%$286K$174K20xas long as short
Gate HIMS_USDT0.0000%8h29.234−0.003%$506K$204K25xas long as short
Variational Omni HIMS0.0000%8h29.240+0.019%$98K$78Kas long as short
SunX HIMS-USDTlong0.0000%8h29.235long leg$2.5M10x
HTX HIMS-USDT0.0000%8h29.245+0.034%$7K$38K10xas long as short
QFEX HIMS-USD+0.0003%1h29.240+0.017%$1.3M$621K10xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest HIMS-USD-PERP+0.0046%1h29.240+0.017%10xas long as short
tradeXYZ xyz:HIMS+0.0050%1h29.245+0.034%$3.3M$1.6M10xas long as short
KuCoin HIMSUSDTMshort+0.0100%8h29.230−0.017%$134K$32K20x
Injective HIMS/USDC PERP+0.0220%1h29.550+1.077%$13K$22K5.5xas long as short