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

SHEIN

RWAall SHEIN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: HTX against Bybit+0.255%7-day average −0.057% · you sell dearer than you buy
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+0.010%+$1 on $10k
Price spread, last 4 days (all we have)−0.416%−$42 · spread now +0.255%, 7d avg −0.057%
Together, before fees−0.406%−$41 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: HTX is 0.312% dearer against Bybit than usual: you sell high and buy low, +$31 on $10k if it goes back to its 7-day average of −0.057%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SHEINUSDT4.86000get 0.0000% / 8h5h 25m$394K$106K25x
ShortHTX SHEIN-USDT4.87240get 0.0000% / 1h25m 04s$7K$382K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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: +0.255% → −0.057%
$31.25
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee HTX: 6 bp × 2 orders
−$12
Net
$8.25
Costs to cover
0.230%
Break-even
from the start
Slippage unknown: Bybit: live order book, 13 min ago; HTX: live order book, 21 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 Bybit live order book, 13 min ago20.53 bp62.6 bp −$631478.2 bp −$14.8Kdoesn't fitdoesn't fit
Sell HTX live order book, 21 min ago40.55 bpdoesn't fitdoesn'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 SHEINUSDTlong0.0000%8h4.8600long leg$394K$106K25x
Gate SHEIN_USDT0.0000%8h4.8510−0.185%$48K$43K50xas long as short
Bitget SHEINUSDT0.0000%8h4.8620+0.041%$248K$276K20xas long as short
HTX SHEIN-USDTshort0.0000%1h4.8724+0.255%$7K$382K20x
Lighter SHEIN+0.0032%1h4.8564−0.074%$65K$1.0M5xas long as short
Lighter RH SHEIN+0.0032%1h4.8580−0.041%$32K$60K5xas long as short
OKX SHEIN-USDT-SWAP+0.0312%8h4.8610+0.021%$141K$236K10xas long as short
tradeXYZ xyz:SHEIN+0.1276%1h4.8519−0.167%$735K$263K10xas long as short