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

SHEIN

RWAall SHEIN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bybit against HTX−0.129%7-day average +0.060% · you buy dearer than you sell
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)+0.294%+$29 · spread now −0.129%, 7d avg +0.060%
Together, before fees+0.284%+$28 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: Bybit is 0.189% cheaper against HTX than usual: you would sell low and buy high, −$19 on $10k if it goes back to its 7-day average of +0.060%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX SHEIN-USDT4.87630get 0.0000% / 1h9m 52s$7K$384K20x
ShortBybit SHEINUSDT4.87000get 0.0000% / 8h6h 09m$394K$106K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against HTX. 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: −0.129% → +0.060%
−$18.9
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$41.9
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: HTX: live order book, 41 min ago; Bybit: live order book, 37 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 HTX live order book, 41 min ago46.41 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 37 min ago20.49 bp76.0 bp −$76doesn'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 SHEINUSDTshort0.0000%8h4.8700−0.129%$394K$106K25x
Gate SHEIN_USDT0.0000%8h4.8510−0.519%$48K$43K50xas long as short
Bitget SHEINUSDT0.0000%8h4.8620−0.293%$247K$276K20xas long as short
HTX SHEIN-USDTlong0.0000%1h4.8763long leg$7K$384K20x
Lighter SHEIN+0.0032%1h4.8556−0.425%$65K$1.0M5xas long as short
Lighter RH SHEIN+0.0032%1h4.8534−0.470%$33K$65K5xas long as short
OKX SHEIN-USDT-SWAP+0.0186%8h4.8540−0.457%$143K$232K20xas long as short
tradeXYZ xyz:SHEIN+0.0968%1h4.8450−0.642%$734K$262K10xas long as short