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

SHEIN

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Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Bitget+0.165%7-day average +0.086% · you sell dearer than you buy
Net, funding: paid 7d − costs−$222as in the Funding arb table
Net, price: spread back to 7d avg − costs−$217as in the Price arb table
costs, in and out, $10k−$2252.252% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.035%+$3 on $10k
Price spread, last 4 days (all we have)+0.110%+$11 · spread now +0.165%, 7d avg +0.086%
Together, before fees+0.144%+$14 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.078% dearer against Bitget than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.086%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SHEINUSDT4.86200get 0.0000% / 8h6h 09m$247K$276K20x
ShortBybit SHEINUSDT4.87000get 0.0000% / 8h6h 09m$394K$106K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Bitget. 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
$0
Price spread: +0.165% → +0.086%
$7.84
Slippage, 4 orders
−$202.2
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$217.36
Costs to cover
2.252%
Break-even
never at this rate
Slippage from Bitget: live order book, 36 min ago; Bybit: live order book, 37 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 Bitget live order book, 36 min ago15.42 bp27.4 bp −$2732.7 bp −$327doesn't fitdoesn't fit
Sell Bybit live order book, 37 min ago20.49 bp76.0 bp −$76doesn't fitdoesn't fitdoesn't fit

SHEIN on 8 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SHEINUSDTshort0.0000%8h4.8700+0.165%$394K$106K25x
Gate SHEIN_USDT0.0000%8h4.8510−0.226%$48K$43K50xas long as short
Bitget SHEINUSDTlong0.0000%8h4.8620long leg$247K$276K20x
HTX SHEIN-USDT0.0000%1h4.8763+0.294%$7K$384K20xas long as short
Lighter SHEIN+0.0032%1h4.8556−0.132%$65K$1.0M5xas long as short
Lighter RH SHEIN+0.0032%1h4.8534−0.177%$33K$65K5xas long as short
OKX SHEIN-USDT-SWAP+0.0186%8h4.8540−0.165%$143K$232K20xas long as short
tradeXYZ xyz:SHEIN+0.0968%1h4.8450−0.350%$734K$262K10xas long as short