Funding you earn now, next payment 10:00 UTC−0.0967%/8h= −105.9% APRpaid last 24h −0.161%
Price spread now: Gate against tradeXYZ+0.122%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Gate is 0.122% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.122% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$29 a day in funding at the current rate, which eats that in about 10 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:SHEIN | 4.8451 | 0.0967 | pay 0.0121% / 1h | 9m 51s | $734K | $262K | 10x |
| Short | Gate SHEIN_USDT | 4.8510 | 0 | get 0.0000% / 8h | 6h 09m | $48K | $43K | 50x |
tradeXYZ xyz:SHEIN
Gate SHEIN_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$203.08
- Price spread: +0.122% → 0.000%
- $12.18
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$223.91
- Costs to cover
- 0.330%
- Break-even
- never at this rate
Slippage unknown: tradeXYZ: live order book, 33 min ago; Gate: 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 tradeXYZ live order book, 33 min ago | 7.92 bp | 70.4 bp −$70 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate no order-book sample | — | — | — | — | — |
Gate: 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 | 4.8700 | +0.514% | $394K | $106K | 25x | as long as short |
| Gate SHEIN_USDTshort | 0.0000% | 8h | 4.8510 | +0.122% | $48K | $43K | 50x | |
| Bitget SHEINUSDT | 0.0000% | 8h | 4.8620 | +0.349% | $247K | $276K | 20x | as long as short |
| HTX SHEIN-USDT | 0.0000% | 1h | 4.8763 | +0.644% | $7K | $384K | 20x | as long as short |
| Lighter SHEIN | +0.0032% | 1h | 4.8556 | +0.217% | $65K | $1.0M | 5x | as long as short |
| Lighter RH SHEIN | +0.0032% | 1h | 4.8535 | +0.173% | $33K | $65K | 5x | as long as short |
| OKX SHEIN-USDT-SWAP | +0.0186% | 8h | 4.8540 | +0.184% | $143K | $232K | 20x | as long as short |
| tradeXYZ xyz:SHEINlong | +0.0967% | 1h | 4.8451 | long leg | $734K | $262K | 10x |
Bybit SHEINUSDT
Bitget SHEINUSDT
HTX SHEIN-USDT
Lighter SHEIN
Lighter RH SHEIN
OKX SHEIN-USDT-SWAP