Funding you earn now, next payment 11:00 UTC+0.0960%/8h= +105.2% APRpaid last 24h +0.151%
Price spread now: tradeXYZ against OKX−0.187%7-day average −0.149% · you buy dearer than you sell
Net, funding: paid 7d − costs−$170as in the Funding arb table
Net, price: spread back to 7d avg − costs−$275as in the Price arb table
costs, in and out, $10k−$2712.709% of the position
Funding, last 7 days+1.010%+$101 on $10k
+Price spread, last 4 days (all we have)+0.203%+$20 · spread now −0.187%, 7d avg −0.149%
=Together, before fees+1.212%+ Points / potential airdroptradeXYZ: Active · farm board+$121 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.038% cheaper against OKX than usual: you would sell low and buy high (spread −0.187% now, against its 7-day average of −0.149%). If the spread goes back, that is −$4 on $10k: about 3 hours of funding at the current rate (+$29 a day).
| 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 | tradeXYZ xyz:SHEIN | 4.8519 | 0.1275 | get 0.0159% / 1h | 24m 15s | $735K | $263K | 10x |
OKX SHEIN-USDT-SWAP
tradeXYZ xyz:SHEINFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $201.7
- Price spread: −0.187% → −0.149%
- −$3.81
- Slippage, 4 orders
- −$242.88
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$73
- Costs to cover
- 2.709%
- Break-even
- 9.5 days
Slippage from OKX: live order book, 19 min ago; tradeXYZ: live order book, 15 min ago.
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 tradeXYZ live order book, 15 min ago | 12.77 bp | 67.5 bp −$68 | 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 | 4.8610 | 0.000% | $248K | $276K | 20x | as long as short |
| HTX SHEIN-USDT | 0.0000% | 1h | 4.8769 | +0.327% | $7K | $382K | 20x | as long as short |
| Lighter SHEIN | +0.0032% | 1h | 4.8569 | −0.084% | $65K | $1.0M | 5x | as long as short |
| Lighter RH SHEIN | +0.0032% | 1h | 4.8579 | −0.064% | $32K | $60K | 5x | as long as short |
| OKX SHEIN-USDT-SWAPlong | +0.0315% | 8h | 4.8610 | long leg | $141K | $236K | 10x | |
| tradeXYZ xyz:SHEINshort | +0.1275% | 1h | 4.8519 | −0.187% | $735K | $263K | 10x |
Bybit SHEINUSDT
Gate SHEIN_USDT
Bitget SHEINUSDT
HTX SHEIN-USDT
Lighter SHEIN
Lighter RH SHEIN