Funding you earn now, next payment 11:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%
Price spread now: Lighter against Gate+0.082%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.082% dearer against Gate than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SHEIN_USDT | 4.8520 | 0 | get 0.0000% / 8h | 5h 26m | $48K | $43K | 50x |
| Short | Lighter SHEIN | 4.8560 | 0.0032 | get 0.0004% / 1h | 26m 16s | $65K | $1.0M | 5x |
Gate SHEIN_USDT
Lighter SHEINFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Gate. 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: +0.082% → 0.000%
- $8.24
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$0.04
- Costs to cover
- 0.150%
- Break-even
- 7.0 days
Slippage unknown: Gate: no order-book sample; Lighter: live order book, 2 min ago. Net counts fees only.
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 Gate no order-book sample | — | — | — | — | — |
| 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 |
Gate: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | +0.165% | $394K | $106K | 25x | as long as short |
| Gate SHEIN_USDTlong | 0.0000% | 8h | 4.8520 | long leg | $48K | $43K | 50x | |
| Bitget SHEINUSDT | 0.0000% | 8h | 4.8620 | +0.206% | $248K | $276K | 20x | as long as short |
| HTX SHEIN-USDT | 0.0000% | 1h | 4.8659 | +0.286% | $7K | $382K | 20x | as long as short |
| Lighter SHEINshort | +0.0032% | 1h | 4.8560 | +0.082% | $65K | $1.0M | 5x | |
| Lighter RH SHEIN | +0.0032% | 1h | 4.8580 | +0.124% | $32K | $60K | 5x | as long as short |
| OKX SHEIN-USDT-SWAP | +0.0309% | 8h | 4.8610 | +0.185% | $141K | $236K | 10x | as long as short |
| tradeXYZ xyz:SHEIN | +0.1279% | 1h | 4.8519 | −0.002% | $735K | $263K | 10x | as long as short |
Bybit SHEINUSDT
Bitget SHEINUSDT
HTX SHEIN-USDT
Lighter RH SHEIN
OKX SHEIN-USDT-SWAP
tradeXYZ xyz:SHEIN