Funding you earn now, next payment 11:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%
Price spread now: Lighter against Bitget−0.123%7-day average −0.098% · you buy dearer than you sell
Net, funding: paid 7d − costs−$224as in the Funding arb table
Net, price: spread back to 7d avg − costs−$237as in the Price arb table
costs, in and out, $10k−$2352.348% of the position
Funding, last 7 days+0.104%+$10 on $10k
+Price spread, last 4 days (all we have)−0.014%−$1 · spread now −0.123%, 7d avg −0.098%
=Together, before fees+0.090%+ Points / potential airdropLighter: Season 3 · farm board+$9 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.026% cheaper against Bitget than usual: you would sell low and buy high (spread −0.123% now, against its 7-day average of −0.098%). If the spread goes back, that is −$3 on $10k: about 2.7 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SHEINUSDT | 4.8620 | 0 | get 0.0000% / 8h | 5h 26m | $248K | $276K | 20x |
| Short | Lighter SHEIN | 4.8560 | 0.0032 | get 0.0004% / 1h | 26m 22s | $65K | $1.0M | 5x |
Bitget SHEINUSDT
Lighter SHEINFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bitget. 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
- $6.72
- Price spread: −0.123% → −0.098%
- −$2.56
- Slippage, 4 orders
- −$222.78
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$230.62
- Costs to cover
- 2.348%
- Break-even
- 247.2 days
Slippage from Bitget: live order book, 12 min ago; Lighter: live order book, 2 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 Bitget live order book, 12 min ago | 8.23 bp | 25.8 bp −$26 | 29.5 bp −$295 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 2 min ago | 21.33 bp | 50.4 bp −$50 | 351.2 bp −$3,512 | doesn't fit | doesn't fit |
SHEIN on 8 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit SHEINUSDT | 0.0000% | 8h | 4.8600 | −0.041% | $394K | $106K | 25x | as long as short |
| Gate SHEIN_USDT | 0.0000% | 8h | 4.8520 | −0.206% | $48K | $43K | 50x | as long as short |
| Bitget SHEINUSDTlong | 0.0000% | 8h | 4.8620 | long leg | $248K | $276K | 20x | |
| HTX SHEIN-USDT | 0.0000% | 1h | 4.8626 | +0.012% | $7K | $382K | 20x | as long as short |
| Lighter SHEINshort | +0.0032% | 1h | 4.8560 | −0.123% | $65K | $1.0M | 5x | |
| Lighter RH SHEIN | +0.0032% | 1h | 4.8580 | −0.082% | $32K | $60K | 5x | as long as short |
| OKX SHEIN-USDT-SWAP | +0.0309% | 8h | 4.8610 | −0.021% | $141K | $236K | 10x | as long as short |
| tradeXYZ xyz:SHEIN | +0.1279% | 1h | 4.8519 | −0.208% | $735K | $263K | 10x | as long as short |
Bybit SHEINUSDT
Gate SHEIN_USDT
HTX SHEIN-USDT
Lighter RH SHEIN
OKX SHEIN-USDT-SWAP
tradeXYZ xyz:SHEIN