Funding you earn now, next payment 11:00 UTC−0.0280%/8h= −30.6% APRpaid last 24h +0.010%
Price spread now: Lighter RH against OKX−0.062%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.025%−$3 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
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Lighter RH is 0.062% cheaper against OKX than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.025% in total (about -1.3% 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 | 0.0312 | pay 0.0312% / 8h | 5h 24m | $141K | $236K | 10x |
| Short | Lighter RH SHEIN | 4.8580 | 0.0032 | get 0.0004% / 1h | 24m 52s | $32K | $60K | 5x |
OKX SHEIN-USDT-SWAP
Lighter RH SHEINFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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
- −$58.76
- Price spread: −0.062% → 0.000%
- −$6.17
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$74.93
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: OKX: live order book, 18 min ago; Lighter RH: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy OKX live order book, 18 min ago | 6.16 bp | 54.9 bp −$55 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter RH no order-book sample | — | — | — | — | — |
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 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-USDT | 0.0000% | 1h | 4.8724 | +0.235% | $7K | $382K | 20x | as long as short |
| Lighter SHEIN | +0.0032% | 1h | 4.8564 | −0.095% | $65K | $1.0M | 5x | as long as short |
| Lighter RH SHEINshort | +0.0032% | 1h | 4.8580 | −0.062% | $32K | $60K | 5x | |
| OKX SHEIN-USDT-SWAPlong | +0.0312% | 8h | 4.8610 | long leg | $141K | $236K | 10x | |
| tradeXYZ xyz:SHEIN | +0.1276% | 1h | 4.8519 | −0.187% | $735K | $263K | 10x | as long as short |
Bybit SHEINUSDT
Gate SHEIN_USDT
Bitget SHEINUSDT
HTX SHEIN-USDT
Lighter SHEIN
tradeXYZ xyz:SHEIN