Settings8H · net · $10k
Funding arb · Price arb /

SHEIN

RWAall SHEIN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.1214%/8h= −132.9% APRnext payment $1.52 per $10,000 · paid last 24h −0.161%
Price spread now: HTX against tradeXYZ+0.633%7-day average +0.216% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−1.121%−$112 on $10k
Price spread, last 4 days (all we have)−0.396%−$40 · spread now +0.633%, 7d avg +0.216%
Together, before fees−1.517%+ Points / potential airdroptradeXYZ: Active · farm board−$152 on $10k · with fees, hour by hour
The price spread pays, funding is against you. HTX is 0.417% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.633% now, against its 7-day average of +0.216%): +$42 on $10k if it goes back. Holding the pair costs −$36 a day in funding at the current rate, which eats that in about 27 hours. At the pace of the last 7 days (−1.121% in total) that is about 2.6 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:SHEIN4.84670.1214pay 0.0152% / 1h59m 17s$734K$262K10x
ShortHTX SHEIN-USDT4.87740get 0.0000% / 1h59m 17s$7K$384K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against tradeXYZ. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$254.88
Price spread: +0.633% → +0.216%
$41.69
Slippage, 4 orders
no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee HTX: 6 bp × 2 orders
−$12
Net
−$243.19
Costs to cover
0.300%
Break-even
from the start
Slippage unknown: tradeXYZ: live order book, 44 min ago; HTX: live order book, 52 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy tradeXYZ live order book, 44 min ago7.92 bp70.4 bp −$70doesn't fitdoesn't fitdoesn't fit
Sell HTX live order book, 52 min ago46.41 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

SHEIN on 8 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SHEINUSDT0.0000%8h4.8700+0.481%$394K$106K25xas long as short
Gate SHEIN_USDT0.0000%8h4.8520+0.109%$48K$43K50xas long as short
Bitget SHEINUSDT0.0000%8h4.8620+0.316%$247K$275K20xas long as short
HTX SHEIN-USDTshort0.0000%1h4.8774+0.633%$7K$384K20x
Lighter SHEIN+0.0032%1h4.8562+0.196%$65K$1.0M5xas long as short
Lighter RH SHEIN+0.0032%1h4.8540+0.151%$32K$60K5xas long as short
OKX SHEIN-USDT-SWAP+0.0167%8h4.8550+0.171%$143K$232K20xas long as short
tradeXYZ xyz:SHEINlong+0.1214%1h4.8467long leg$734K$262K10x