Funding you earn now, next payment 10:00 UTC−0.0769%/8h= −84.2% APRpaid last 24h −0.161%
Price spread now: OKX against tradeXYZ+0.184%7-day average +0.149% · you sell dearer than you buy
Net, funding: paid 7d − costs−$387as in the Funding arb table
Net, price: spread back to 7d avg − costs−$281as in the Price arb table
costs, in and out, $10k−$2852.849% of the position
Funding, last 7 days−1.018%−$102 on $10k
+Price spread, last 4 days (all we have)−0.141%−$14 · spread now +0.184%, 7d avg +0.149%
=Together, before fees−1.159%+ Points / potential airdroptradeXYZ: Active · farm board−$116 on $10k · with fees, hour by hour
The price spread pays, funding is against you. OKX is 0.035% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.184% now, against its 7-day average of +0.149%): +$3 on $10k if it goes back. Holding the pair costs −$23 a day in funding at the current rate, which eats that in about 4 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 | OKX SHEIN-USDT-SWAP | 4.8550 | 0.0169 | get 0.0169% / 8h | 6h 00m | $143K | $232K | 20x |
tradeXYZ xyz:SHEIN
OKX SHEIN-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$161.44
- Price spread: +0.184% → +0.149%
- $3.49
- Slippage, 4 orders
- −$256.89
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$442.84
- Costs to cover
- 2.849%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 43 min ago; OKX: live order book, 48 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, 43 min ago | 7.92 bp | 70.4 bp −$70 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 48 min ago | 7.19 bp | 70.9 bp −$71 | doesn't fit | 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 | +0.493% | $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 SHEIN | +0.0032% | 1h | 4.8546 | +0.175% | $32K | $67K | 5x | as long as short |
| OKX SHEIN-USDT-SWAPshort | +0.0169% | 8h | 4.8550 | +0.184% | $143K | $232K | 20x | |
| 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
Lighter RH SHEIN