Funding you earn now, next payment 11:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.010%
Price spread now: Gate against Lighter−0.082%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$1 a day on $10k at the current rate, and Gate is 0.082% cheaper against Lighter than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SHEIN | 4.8560 | 0.0032 | pay 0.0004% / 1h | 26m 16s | $65K | $1.0M | 5x |
| Short | Gate SHEIN_USDT | 4.8520 | 0 | get 0.0000% / 8h | 5h 26m | $48K | $43K | 50x |
Lighter SHEIN
Gate SHEIN_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Lighter. 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 Lighter: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$29.96
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 2 min ago; Gate: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter live order book, 2 min ago | 21.33 bp | 74.5 bp −$75 | 389.8 bp −$3,898 | doesn't fit | doesn't fit |
| Sell Gate no order-book sample | — | — | — | — | — |
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 | +0.082% | $394K | $106K | 25x | as long as short |
| Gate SHEIN_USDTshort | 0.0000% | 8h | 4.8520 | −0.082% | $48K | $43K | 50x | |
| Bitget SHEINUSDT | 0.0000% | 8h | 4.8620 | +0.124% | $248K | $276K | 20x | as long as short |
| HTX SHEIN-USDT | 0.0000% | 1h | 4.8659 | +0.204% | $7K | $382K | 20x | as long as short |
| Lighter SHEINlong | +0.0032% | 1h | 4.8560 | long leg | $65K | $1.0M | 5x | |
| Lighter RH SHEIN | +0.0032% | 1h | 4.8580 | +0.041% | $32K | $60K | 5x | as long as short |
| OKX SHEIN-USDT-SWAP | +0.0309% | 8h | 4.8610 | +0.103% | $141K | $236K | 10x | as long as short |
| tradeXYZ xyz:SHEIN | +0.1279% | 1h | 4.8519 | −0.084% | $735K | $263K | 10x | as long as short |
Bybit SHEINUSDT
Bitget SHEINUSDT
HTX SHEIN-USDT
Lighter RH SHEIN
OKX SHEIN-USDT-SWAP
tradeXYZ xyz:SHEIN