Funding you earn now, next payment 11:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.04 per $10,000 · paid last 24h +0.010%
Price spread now: Lighter against HTX−0.203%7-day average −0.120% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.060%+$6 on $10k
+Price spread, last 4 days (all we have)−0.024%−$2 · spread now −0.203%, 7d avg −0.120%
=Together, before fees+0.036%+ Points / potential airdropLighter: Season 3 · farm board+$4 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.083% cheaper against HTX than usual: you would sell low and buy high (spread −0.203% now, against its 7-day average of −0.120%). If the spread goes back, that is −$8 on $10k: about 8.7 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX SHEIN-USDT | 4.8659 | 0 | get 0.0000% / 1h | 25m 57s | $7K | $382K | 20x |
| Short | Lighter SHEIN | 4.8560 | 0.0032 | get 0.0004% / 1h | 25m 57s | $65K | $1.0M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against HTX. 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: −0.203% → −0.120%
- −$8.31
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$13.59
- Costs to cover
- 0.120%
- Break-even
- 21.2 days
Slippage unknown: HTX: live order book, 20 min ago; Lighter: live order book, 3 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 HTX live order book, 20 min ago | 40.55 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 3 min ago | 21.33 bp | 50.4 bp −$50 | 351.2 bp −$3,512 | 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 SHEINUSDT | 0.0000% | 8h | 4.8600 | −0.121% | $394K | $106K | 25x | as long as short |
| Gate SHEIN_USDT | 0.0000% | 8h | 4.8520 | −0.286% | $48K | $43K | 50x | as long as short |
| Bitget SHEINUSDT | 0.0000% | 8h | 4.8620 | −0.080% | $248K | $276K | 20x | as long as short |
| HTX SHEIN-USDTlong | 0.0000% | 1h | 4.8659 | long leg | $7K | $382K | 20x | |
| Lighter SHEINshort | +0.0032% | 1h | 4.8560 | −0.203% | $65K | $1.0M | 5x | |
| Lighter RH SHEIN | +0.0032% | 1h | 4.8580 | −0.162% | $32K | $60K | 5x | as long as short |
| OKX SHEIN-USDT-SWAP | +0.0309% | 8h | 4.8610 | −0.101% | $141K | $236K | 10x | as long as short |
| tradeXYZ xyz:SHEIN | +0.1278% | 1h | 4.8519 | −0.288% | $735K | $263K | 10x | as long as short |
HTX SHEIN-USDT
Lighter SHEIN
Bybit SHEINUSDT
Gate SHEIN_USDT
Bitget SHEINUSDT
Lighter RH SHEIN
OKX SHEIN-USDT-SWAP
tradeXYZ xyz:SHEIN