Funding you earn now, next payment 11:00 UTC−0.1229%/8h= −134.6% APRpaid last 24h −0.151%
Price spread now: Bitget against tradeXYZ+0.315%7-day average +0.195% · you sell dearer than you buy
Net, funding: paid 7d − costs−$353as in the Funding arb table
Net, price: spread back to 7d avg − costs−$225as in the Price arb table
costs, in and out, $10k−$2372.371% of the position
Funding, last 7 days−1.157%−$116 on $10k
+Price spread, last 4 days (all we have)−0.310%−$31 · spread now +0.315%, 7d avg +0.195%
=Together, before fees−1.467%+ Points / potential airdroptradeXYZ: Active · farm board−$147 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.120% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.315% now, against its 7-day average of +0.195%): +$12 on $10k if it goes back. Holding the pair costs −$37 a day in funding at the current rate, which eats that in about 8 hours. At the pace of the last 7 days (−1.157% in total) that is about 17 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:SHEIN | 4.8547 | 0.1229 | pay 0.0154% / 1h | 3m 27s | $735K | $262K | 10x |
| Short | Bitget SHEINUSDT | 4.8700 | 0 | get 0.0000% / 8h | 5h 03m | $258K | $282K | 20x |
tradeXYZ xyz:SHEIN
Bitget SHEINUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against tradeXYZ. 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
- −$258.09
- Price spread: +0.315% → +0.195%
- $12.04
- Slippage, 4 orders
- −$207.06
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$483.12
- Costs to cover
- 2.371%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 36 min ago; Bitget: live order book, 34 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 tradeXYZ live order book, 36 min ago | 12.77 bp | 59.7 bp −$60 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 34 min ago | 8.23 bp | 84.1 bp −$84 | 160.5 bp −$1,605 | 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 | 4.8700 | +0.315% | $394K | $106K | 25x | as long as short |
| Gate SHEIN_USDT | 0.0000% | 8h | 4.8580 | +0.068% | $48K | $43K | 50x | as long as short |
| Bitget SHEINUSDTshort | 0.0000% | 8h | 4.8700 | +0.315% | $258K | $282K | 20x | |
| HTX SHEIN-USDT | 0.0000% | 1h | 4.8564 | +0.035% | $7K | $383K | 20x | as long as short |
| Lighter SHEIN | +0.0032% | 1h | 4.8585 | +0.078% | $65K | $1.0M | 5x | as long as short |
| Lighter RH SHEIN | +0.0032% | 1h | 4.8596 | +0.101% | $32K | $60K | 5x | as long as short |
| OKX SHEIN-USDT-SWAP | +0.0359% | 8h | 4.8770 | +0.459% | $142K | $237K | 10x | as long as short |
| tradeXYZ xyz:SHEINlong | +0.1229% | 1h | 4.8547 | long leg | $735K | $262K | 10x |
Bybit SHEINUSDT
Gate SHEIN_USDT
HTX SHEIN-USDT
Lighter SHEIN
Lighter RH SHEIN
OKX SHEIN-USDT-SWAP