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

SHEIN

RWAall SHEIN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%
Price spread now: Lighter RH against Gate+0.124%7-day average · 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 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter RH is 0.124% dearer against Gate than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate SHEIN_USDT4.85200get 0.0000% / 8h5h 25m$48K$43K50x
ShortLighter RH SHEIN4.85800.0032get 0.0004% / 1h25m 29s$32K$60K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against Gate. 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
$6.72
Price spread: +0.124% → 0.000%
$12.37
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Lighter RH: 0 bp × 2 orders
$0
Net
$4.09
Costs to cover
0.150%
Break-even
2.7 days
Slippage unknown: Gate: no order-book sample; Lighter RH: no order-book sample. 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 Gate no order-book sample
Sell Lighter RH no order-book sample
Gate and Lighter RH: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SHEINUSDT0.0000%8h4.8600+0.165%$394K$106K25xas long as short
Gate SHEIN_USDTlong0.0000%8h4.8520long leg$48K$43K50x
Bitget SHEINUSDT0.0000%8h4.8620+0.206%$248K$276K20xas long as short
HTX SHEIN-USDT0.0000%1h4.8659+0.286%$7K$382K20xas long as short
Lighter SHEIN+0.0032%1h4.8568+0.099%$65K$1.0M5xas long as short
Lighter RH SHEINshort+0.0032%1h4.8580+0.124%$32K$60K5x
OKX SHEIN-USDT-SWAP+0.0312%8h4.8610+0.185%$141K$236K10xas long as short
tradeXYZ xyz:SHEIN+0.1277%1h4.8519−0.002%$735K$263K10xas long as short