Funding you earn now, next payment 11:00 UTC+0.1243%/8h= +136.1% APRnext payment +$1.55 per $10,000 · paid last 24h +0.142%
Price spread now: tradeXYZ against Lighter−0.103%7-day average −0.097% · you buy dearer than you sell
Net, funding: paid 7d − costs−$147as in the Funding arb table
Net, price: spread back to 7d avg − costs−$253as in the Price arb table
costs, in and out, $10k−$2522.521% of the position
Funding, last 7 days+1.053%+$105 on $10k
+Price spread, last 4 days (all we have)+0.235%+$24 · spread now −0.103%, 7d avg −0.097%
=Together, before fees+1.288%+ Points / potential airdropLighter: Season 3 · tradeXYZ: Active · farm board+$129 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.097%, so right now this pair is about funding alone: +$37 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SHEIN | 4.8569 | 0.0032 | pay 0.0004% / 1h | 24m 15s | $65K | $1.0M | 5x |
| Short | tradeXYZ xyz:SHEIN | 4.8519 | 0.1275 | get 0.0159% / 1h | 24m 15s | $735K | $263K | 10x |
Lighter SHEIN
tradeXYZ xyz:SHEINFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $261.06
- Price spread: −0.103% → −0.097%
- −$0.57
- Slippage, 4 orders
- −$234.08
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $8.41
- Costs to cover
- 2.521%
- Break-even
- 6.8 days
Slippage from Lighter: live order book, 4 min ago; tradeXYZ: live order book, 15 min ago.
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, 4 min ago | 21.33 bp | 74.5 bp −$75 | 389.8 bp −$3,898 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 15 min ago | 12.77 bp | 67.5 bp −$68 | 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 | +0.064% | $394K | $106K | 25x | as long as short |
| Gate SHEIN_USDT | 0.0000% | 8h | 4.8510 | −0.121% | $48K | $43K | 50x | as long as short |
| Bitget SHEINUSDT | 0.0000% | 8h | 4.8610 | +0.084% | $248K | $276K | 20x | as long as short |
| HTX SHEIN-USDT | 0.0000% | 1h | 4.8769 | +0.412% | $7K | $382K | 20x | as long as short |
| Lighter SHEINlong | +0.0032% | 1h | 4.8569 | long leg | $65K | $1.0M | 5x | |
| Lighter RH SHEIN | +0.0032% | 1h | 4.8579 | +0.021% | $32K | $60K | 5x | as long as short |
| OKX SHEIN-USDT-SWAP | +0.0315% | 8h | 4.8610 | +0.084% | $141K | $236K | 10x | as long as short |
| tradeXYZ xyz:SHEINshort | +0.1275% | 1h | 4.8519 | −0.103% | $735K | $263K | 10x |
Bybit SHEINUSDT
Gate SHEIN_USDT
Bitget SHEINUSDT
HTX SHEIN-USDT
Lighter RH SHEIN
OKX SHEIN-USDT-SWAP