Funding you earn now, next payment 10:00 UTC+0.0967%/8h= +105.9% APRpaid last 24h +0.161%
Price spread now: tradeXYZ against Bybit−0.511%7-day average −0.280% · you buy dearer than you sell
Net, funding: paid 7d − costs−$154as in the Funding arb table
Net, price: spread back to 7d avg − costs−$290as in the Price arb table
costs, in and out, $10k−$2672.666% of the position
Funding, last 7 days+1.131%+$113 on $10k
+Price spread, last 4 days (all we have)+0.214%+$21 · spread now −0.511%, 7d avg −0.280%
=Together, before fees+1.344%+ Points / potential airdroptradeXYZ: Active · farm board+$134 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.231% cheaper against Bybit than usual: you would sell low and buy high (spread −0.511% now, against its 7-day average of −0.280%). If the spread goes back, that is −$23 on $10k: about 19 hours of funding at the current rate (+$29 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SHEINUSDT | 4.8700 | 0 | get 0.0000% / 8h | 6h 09m | $394K | $106K | 25x |
| Short | tradeXYZ xyz:SHEIN | 4.8451 | 0.0967 | get 0.0121% / 1h | 9m 51s | $734K | $262K | 10x |
Bybit SHEINUSDT
tradeXYZ xyz:SHEINFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Bybit. 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
- $203.08
- Price spread: −0.511% → −0.280%
- −$23.14
- Slippage, 4 orders
- −$237.62
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$86.68
- Costs to cover
- 2.666%
- Break-even
- 10.0 days
Slippage from Bybit: live order book, 37 min ago; tradeXYZ: live order book, 33 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 Bybit live order book, 37 min ago | 20.49 bp | 42.4 bp −$42 | 1470.7 bp −$14.7K | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 33 min ago | 7.92 bp | 77.8 bp −$78 | doesn't fit | 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 SHEINUSDTlong | 0.0000% | 8h | 4.8700 | long leg | $394K | $106K | 25x | |
| Gate SHEIN_USDT | 0.0000% | 8h | 4.8510 | −0.390% | $48K | $43K | 50x | as long as short |
| Bitget SHEINUSDT | 0.0000% | 8h | 4.8620 | −0.164% | $247K | $276K | 20x | as long as short |
| HTX SHEIN-USDT | 0.0000% | 1h | 4.8763 | +0.129% | $7K | $384K | 20x | as long as short |
| Lighter SHEIN | +0.0032% | 1h | 4.8556 | −0.296% | $65K | $1.0M | 5x | as long as short |
| Lighter RH SHEIN | +0.0032% | 1h | 4.8535 | −0.339% | $33K | $65K | 5x | as long as short |
| OKX SHEIN-USDT-SWAP | +0.0186% | 8h | 4.8540 | −0.329% | $143K | $232K | 20x | as long as short |
| tradeXYZ xyz:SHEINshort | +0.0967% | 1h | 4.8451 | −0.511% | $734K | $262K | 10x |
Gate SHEIN_USDT
Bitget SHEINUSDT
HTX SHEIN-USDT
Lighter SHEIN
Lighter RH SHEIN
OKX SHEIN-USDT-SWAP