Funding you earn now, next payment 09:00 UTC−0.1917%/8h= −209.9% APRpaid last 24h −0.164%
Price spread now: Bybit against tradeXYZ+0.269%7-day average +0.277% · you sell dearer than you buy
Net, funding: paid 7d − costs−$373as in the Funding arb table
Net, price: spread back to 7d avg − costs−$261as in the Price arb table
costs, in and out, $10k−$2602.597% of the position
Funding, last 7 days−1.132%−$113 on $10k
+Price spread, last 4 days (all we have)−0.046%−$5 · spread now +0.269%, 7d avg +0.277%
=Together, before fees−1.178%+ Points / potential airdroptradeXYZ: Active · farm board−$118 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.277%, so right now this pair is about funding alone: −$58 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -1.132% in total (about -59.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:SHEIN | 4.8370 | 0.2232 | pay 0.0279% / 1h | 37m 10s | $716K | $207K | 10x |
| Short | Bybit SHEINUSDT | 4.8500 | 0.0316 | get 0.0316% / 8h | 7h 37m | $390K | $88K | 25x |
tradeXYZ xyz:SHEIN
Bybit SHEINUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$402.54
- Price spread: +0.269% → +0.277%
- −$0.86
- Slippage, 4 orders
- −$230.68
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$663.08
- Costs to cover
- 2.597%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 9 min ago; Bybit: live order book, 52 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, 9 min ago | 9.37 bp | 56.5 bp −$56 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 52 min ago | 10.05 bp | 100.4 bp −$100 | doesn't fit | doesn't fit | doesn't fit |
SHEIN on 8 venues
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate SHEIN_USDT | 0.0000% | 8h | 4.8300 | −0.145% | $48K | $42K | 50x | as long as short |
| Bitget SHEINUSDT | 0.0000% | 8h | 4.8450 | +0.165% | $248K | $270K | 20x | as long as short |
| HTX SHEIN-USDT | 0.0000% | 1h | 4.8481 | +0.229% | $7K | $384K | 20x | as long as short |
| Lighter SHEIN | +0.0032% | 1h | 4.8467 | +0.201% | $75K | $440K | 5x | as long as short |
| Lighter RH SHEIN | +0.0032% | 1h | 4.8456 | +0.178% | $34K | $42K | 5x | as long as short |
| OKX SHEIN-USDT-SWAP | +0.0032% | 8h | 4.8450 | +0.165% | $141K | $224K | 20x | as long as short |
| Bybit SHEINUSDTshort | +0.0316% | 8h | 4.8500 | +0.269% | $390K | $88K | 25x | |
| tradeXYZ xyz:SHEINlong | +0.2232% | 1h | 4.8370 | long leg | $716K | $207K | 10x |
Gate SHEIN_USDT
Bitget SHEINUSDT
HTX SHEIN-USDT
Lighter SHEIN
Lighter RH SHEIN
OKX SHEIN-USDT-SWAP