Funding you earn now, next payment 10:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.010%
Price spread now: Bybit against Lighter RH+0.340%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.087%−$9 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories
The price spread pays, funding is against you. Bybit is 0.340% dearer against Lighter RH than usual: you sell high and buy low (spread +0.340% now, against zero (this spread has no 7-day history yet)): +$34 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 35 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH SHEIN | 4.8535 | 0.0032 | pay 0.0004% / 1h | 9m 51s | $33K | $65K | 5x |
| Short | Bybit SHEINUSDT | 4.8700 | 0 | get 0.0000% / 8h | 6h 09m | $394K | $106K | 25x |
Lighter RH SHEIN
Bybit SHEINUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Lighter RH. 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: +0.340% → 0.000%
- $34
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $16.28
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: Lighter RH: no order-book sample; Bybit: live order book, 37 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 Lighter RH no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 37 min ago | 20.49 bp | 76.0 bp −$76 | doesn't fit | doesn't fit | doesn't fit |
Lighter RH: 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 SHEINUSDTshort | 0.0000% | 8h | 4.8700 | +0.340% | $394K | $106K | 25x | |
| Gate SHEIN_USDT | 0.0000% | 8h | 4.8510 | −0.052% | $48K | $43K | 50x | as long as short |
| Bitget SHEINUSDT | 0.0000% | 8h | 4.8620 | +0.175% | $247K | $276K | 20x | as long as short |
| HTX SHEIN-USDT | 0.0000% | 1h | 4.8763 | +0.470% | $7K | $384K | 20x | as long as short |
| Lighter SHEIN | +0.0032% | 1h | 4.8556 | +0.043% | $65K | $1.0M | 5x | as long as short |
| Lighter RH SHEINlong | +0.0032% | 1h | 4.8535 | long leg | $33K | $65K | 5x | |
| OKX SHEIN-USDT-SWAP | +0.0186% | 8h | 4.8540 | +0.010% | $143K | $232K | 20x | as long as short |
| tradeXYZ xyz:SHEIN | +0.0967% | 1h | 4.8451 | −0.173% | $734K | $262K | 10x | as long as short |
Gate SHEIN_USDT
Bitget SHEINUSDT
HTX SHEIN-USDT
Lighter SHEIN
OKX SHEIN-USDT-SWAP
tradeXYZ xyz:SHEIN