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: Bitget against Bybit+0.041%7-day average −0.087% · you sell dearer than you buy
Net, funding: paid 7d − costs−$268as in the Funding arb table
Net, price: spread back to 7d avg − costs−$252as in the Price arb table
costs, in and out, $10k−$2652.649% 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)−0.305%−$31 · spread now +0.041%, 7d avg −0.087%
Together, before fees−0.340%−$34 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: Bitget is 0.128% dearer against Bybit than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.087%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SHEINUSDT4.86000get 0.0000% / 8h5h 26m$394K$106K25x
ShortBitget SHEINUSDT4.86200get 0.0000% / 8h5h 26m$248K$276K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. 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: +0.041% → −0.087%
$12.81
Slippage, 4 orders
−$241.9
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$252.09
Costs to cover
2.649%
Break-even
never at this rate
Slippage from Bybit: live order book, 11 min ago; Bitget: live order book, 12 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 Bybit live order book, 11 min ago20.53 bp62.6 bp −$631478.2 bp −$14.8Kdoesn't fitdoesn't fit
Sell Bitget live order book, 12 min ago8.23 bp84.1 bp −$84160.5 bp −$1,605doesn'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 SHEINUSDTlong0.0000%8h4.8600long leg$394K$106K25x
Gate SHEIN_USDT0.0000%8h4.8520−0.165%$48K$43K50xas long as short
Bitget SHEINUSDTshort0.0000%8h4.8620+0.041%$248K$276K20x
HTX SHEIN-USDT0.0000%1h4.8626+0.053%$7K$382K20xas long as short
Lighter SHEIN+0.0032%1h4.8560−0.082%$65K$1.0M5xas long as short
Lighter RH SHEIN+0.0032%1h4.8580−0.041%$32K$60K5xas long as short
OKX SHEIN-USDT-SWAP+0.0309%8h4.8610+0.021%$141K$236K10xas long as short
tradeXYZ xyz:SHEIN+0.1279%1h4.8519−0.167%$735K$263K10xas long as short