Funding you earn now, next payment 11:00 UTC+0.0312%/8h= +34.1% APRpaid last 24h 0.000%
Price spread now: OKX against HTX−0.101%7-day average −0.061% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.103%+$10 on $10k
+Price spread, last 4 days (all we have)−0.073%−$7 · spread now −0.101%, 7d avg −0.061%
=Funding pays, the price is against you. OKX is 0.040% cheaper against HTX than usual: you would sell low and buy high (spread −0.101% now, against its 7-day average of −0.061%). If the spread goes back, that is −$4 on $10k: about 10 hours of funding at the current rate (+$9 a day). At the pace of the last 7 days (+0.103% in total) that is about 2.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.103% in total (about 5.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| 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 38s | $7K | $382K | 20x |
| Short | OKX SHEIN-USDT-SWAP | 4.8610 | 0.0312 | get 0.0312% / 8h | 5h 25m | $141K | $236K | 10x |
HTX SHEIN-USDT
OKX SHEIN-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $65.48
- Price spread: −0.101% → −0.061%
- −$3.99
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $39.49
- Costs to cover
- 0.220%
- Break-even
- 2.8 days
Slippage unknown: HTX: live order book, 21 min ago; OKX: live order book, 17 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, 21 min ago | 40.55 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 17 min ago | 6.16 bp | 88.8 bp −$89 | 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 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 SHEIN | +0.0032% | 1h | 4.8568 | −0.187% | $65K | $1.0M | 5x | as long as short |
| Lighter RH SHEIN | +0.0032% | 1h | 4.8580 | −0.162% | $32K | $60K | 5x | as long as short |
| OKX SHEIN-USDT-SWAPshort | +0.0312% | 8h | 4.8610 | −0.101% | $141K | $236K | 10x | |
| tradeXYZ xyz:SHEIN | +0.1277% | 1h | 4.8519 | −0.288% | $735K | $263K | 10x | as long as short |
Bybit SHEINUSDT
Gate SHEIN_USDT
Bitget SHEINUSDT
Lighter SHEIN
Lighter RH SHEIN
tradeXYZ xyz:SHEIN