Funding you earn now, next payment 10:00 UTC−0.0905%/8h= −99.1% APRnext payment −$1.13 per $10,000 · paid last 24h −0.151%
Price spread now: Lighter RH against tradeXYZ+0.175%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−1.043%−$104 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdroptradeXYZ: Active · Lighter RH: Points live · farm boardneeds both histories
The price spread pays, funding is against you. Lighter RH is 0.175% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.175% now, against zero (this spread has no 7-day history yet)): +$18 on $10k if it goes back. Holding the pair costs −$27 a day in funding at the current rate, which eats that in about 15 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:SHEIN | 4.8461 | 0.0937 | pay 0.0117% / 1h | 1h 00m | $734K | $262K | 10x |
| Short | Lighter RH SHEIN | 4.8546 | 0.0032 | get 0.0004% / 1h | 1h 00m | $32K | $67K | 5x |
tradeXYZ xyz:SHEIN
Lighter RH SHEINFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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
- −$190.12
- Price spread: +0.175% → 0.000%
- $17.54
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$190.58
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: tradeXYZ: live order book, 43 min ago; Lighter RH: 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, 43 min ago | 7.92 bp | 70.4 bp −$70 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter RH no order-book sample | — | — | — | — | — |
Lighter RH: 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 | +0.493% | $394K | $106K | 25x | as long as short |
| Gate SHEIN_USDT | 0.0000% | 8h | 4.8540 | +0.163% | $48K | $43K | 50x | as long as short |
| Bitget SHEINUSDT | 0.0000% | 8h | 4.8620 | +0.328% | $247K | $275K | 20x | as long as short |
| HTX SHEIN-USDT | 0.0000% | 1h | 4.8732 | +0.559% | $7K | $384K | 20x | as long as short |
| Lighter SHEIN | +0.0032% | 1h | 4.8563 | +0.210% | $65K | $1.0M | 5x | as long as short |
| Lighter RH SHEINshort | +0.0032% | 1h | 4.8546 | +0.175% | $32K | $67K | 5x | |
| OKX SHEIN-USDT-SWAP | +0.0169% | 8h | 4.8550 | +0.184% | $143K | $232K | 20x | as long as short |
| tradeXYZ xyz:SHEINlong | +0.0937% | 1h | 4.8461 | long leg | $734K | $262K | 10x |
Bybit SHEINUSDT
Gate SHEIN_USDT
Bitget SHEINUSDT
HTX SHEIN-USDT
Lighter SHEIN
OKX SHEIN-USDT-SWAP