Funding you earn now, next payment 11:00 UTC−0.0315%/8h= −34.5% APRpaid last 24h 0.000%
Price spread now: HTX against OKX+0.235%54s7-day average +0.061% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.103%−$10 on $10k
+Price spread, last 4 days (all we have)−0.061%−$6 · spread now +0.235%, 7d avg +0.061%
=The price spread pays, funding is against you. HTX is 0.174% dearer against OKX than usual: you sell high and buy low (spread +0.235% now, against its 7-day average of +0.061%): +$17 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 44 hours. At the pace of the last 7 days (−0.103% in total) that is about 12 days. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.103% in total (about -5.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SHEIN-USDT-SWAP | 4.8610 | 0.0315 | pay 0.0315% / 8h | 5h 24m | $141K | $236K | 10x |
| Short | HTX SHEIN-USDT | 4.8724 | 0 | get 0.0000% / 1h | 24m 20s | $7K | $382K | 20x |
OKX SHEIN-USDT-SWAP
HTX SHEIN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against OKX. 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
- −$66.08
- Price spread: +0.235% → +0.061%
- $17.37
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$70.71
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: OKX: live order book, 19 min ago; 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy OKX live order book, 19 min ago | 6.16 bp | 54.9 bp −$55 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX live order book, 22 min ago | 40.55 bp | doesn't fit | 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 | −0.021% | $394K | $106K | 25x | as long as short |
| Gate SHEIN_USDT | 0.0000% | 8h | 4.8510 | −0.206% | $48K | $43K | 50x | as long as short |
| Bitget SHEINUSDT | 0.0000% | 8h | 4.8620 | +0.021% | $248K | $276K | 20x | as long as short |
| HTX SHEIN-USDTshort | 0.0000% | 1h | 4.8724 | +0.235% | $7K | $382K | 20x | |
| Lighter SHEIN | +0.0032% | 1h | 4.8568 | −0.086% | $65K | $1.0M | 5x | as long as short |
| Lighter RH SHEIN | +0.0032% | 1h | 4.8580 | −0.062% | $32K | $60K | 5x | as long as short |
| OKX SHEIN-USDT-SWAPlong | +0.0315% | 8h | 4.8610 | long leg | $141K | $236K | 10x | |
| tradeXYZ xyz:SHEIN | +0.1275% | 1h | 4.8519 | −0.187% | $735K | $263K | 10x | as long as short |
Bybit SHEINUSDT
Gate SHEIN_USDT
Bitget SHEINUSDT
Lighter SHEIN
Lighter RH SHEIN
tradeXYZ xyz:SHEIN