Settings8H · net · $10k
Funding arb · Price arb /

SHEIN

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Alert: funding
Alert: spread
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 RH−0.124%7-day average · you buy dearer than you sell
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 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter RH: Points live · 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 0.124% cheaper against Lighter RH than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH SHEIN4.85800.0032pay 0.0004% / 1h25m 38s$32K$60K5x
ShortGate SHEIN_USDT4.85200get 0.0000% / 8h5h 25m$48K$43K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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 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: −0.124% → 0.000%
−$12.35
Slippage, 4 orders
no order book: not counted
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$34.07
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Lighter RH: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy Lighter RH no order-book sample
Sell Gate no order-book sample
Lighter RH and 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SHEINUSDT0.0000%8h4.8600+0.041%$394K$106K25xas long as short
Gate SHEIN_USDTshort0.0000%8h4.8520−0.124%$48K$43K50x
Bitget SHEINUSDT0.0000%8h4.8620+0.082%$248K$276K20xas long as short
HTX SHEIN-USDT0.0000%1h4.8659+0.163%$7K$382K20xas long as short
Lighter SHEIN+0.0032%1h4.8568−0.025%$65K$1.0M5xas long as short
Lighter RH SHEINlong+0.0032%1h4.8580long leg$32K$60K5x
OKX SHEIN-USDT-SWAP+0.0312%8h4.8610+0.062%$141K$236K10xas long as short
tradeXYZ xyz:SHEIN+0.1277%1h4.8519−0.126%$735K$263K10xas long as short