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 RH+0.296%7-day average · 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−0.078%−$8 on $10k
Price spread, last 7 daysno 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. HTX is 0.296% dearer against Lighter RH than usual: you sell high and buy low (spread +0.296% now, against zero (this spread has no 7-day history yet)): +$30 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 31 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH SHEIN4.85800.0032pay 0.0004% / 1h24m 20s$32K$60K5x
ShortHTX SHEIN-USDT4.87240get 0.0000% / 1h24m 20s$7K$382K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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: +0.296% → 0.000%
$29.64
Slippage, 4 orders
no order book: not counted
Fee Lighter RH: 0 bp × 2 orders
$0
Fee HTX: 6 bp × 2 orders
−$12
Net
$10.92
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Lighter RH: no order-book sample; HTX: live order book, 22 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 RH no order-book sample
Sell HTX live order book, 22 min ago40.55 bpdoesn't fitdoesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SHEINUSDT0.0000%8h4.8600+0.041%$394K$106K25xas long as short
Gate SHEIN_USDT0.0000%8h4.8510−0.144%$48K$43K50xas long as short
Bitget SHEINUSDT0.0000%8h4.8620+0.082%$248K$276K20xas long as short
HTX SHEIN-USDTshort0.0000%1h4.8724+0.296%$7K$382K20x
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+0.0315%8h4.8610+0.062%$141K$236K10xas long as short
tradeXYZ xyz:SHEIN+0.1275%1h4.8519−0.126%$735K$263K10xas long as short