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% APRnext payment $0.04 per $10,000 · paid last 24h −0.010%
Price spread now: HTX against Lighter+0.329%7-day average +0.120% · 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 7 days−0.060%−$6 on $10k
Price spread, last 4 days (all we have)−0.102%−$10 · spread now +0.329%, 7d avg +0.120%
Together, before fees−0.162%+ Points / potential airdropLighter: Season 3 · farm board−$16 on $10k · with fees, hour by hour
The price spread pays, funding is against you. HTX is 0.209% dearer against Lighter than usual: you sell high and buy low (spread +0.329% now, against its 7-day average of +0.120%): +$21 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 22 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter SHEIN4.85640.0032pay 0.0004% / 1h24m 52s$65K$1.0M5x
ShortHTX SHEIN-USDT4.87240get 0.0000% / 1h24m 52s$7K$382K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Lighter. 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: +0.329% → +0.120%
$20.91
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee HTX: 6 bp × 2 orders
−$12
Net
$2.19
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Lighter: live order book, 4 min ago; HTX: live order book, 21 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 Lighter live order book, 4 min ago21.33 bp74.5 bp −$75389.8 bp −$3,898doesn't fitdoesn't fit
Sell HTX live order book, 21 min ago40.55 bpdoesn't fitdoesn'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 SHEINUSDT0.0000%8h4.8600+0.074%$394K$106K25xas long as short
Gate SHEIN_USDT0.0000%8h4.8510−0.111%$48K$43K50xas long as short
Bitget SHEINUSDT0.0000%8h4.8620+0.115%$248K$276K20xas long as short
HTX SHEIN-USDTshort0.0000%1h4.8724+0.329%$7K$382K20x
Lighter SHEINlong+0.0032%1h4.8564long leg$65K$1.0M5x
Lighter RH SHEIN+0.0032%1h4.8580+0.033%$32K$60K5xas long as short
OKX SHEIN-USDT-SWAP+0.0312%8h4.8610+0.095%$141K$236K10xas long as short
tradeXYZ xyz:SHEIN+0.1276%1h4.8519−0.093%$735K$263K10xas long as short