SHEIN funding rates and arbitrage
Updated 2026-10-29 14:15 UTC
Best SHEIN arbitrage after every cost
No SHEIN pair nets a profit at this size right now.
At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry.
SHEIN funding rate on every exchange
| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| Crypto.com | SHEINUSD-PERP | 0.0626% | 1 h | +548.3% | +87.2% | $276 | 2026-10-29 15:00 |
| Lighter RH | SHEIN | 0.0004% | 1 h | +3.5% | +0.5% | $26.1K | 2026-10-29 15:00 |
| Lighter | SHEIN | 0.0004% | 1 h | +3.5% | −4.5% | $57.3K | 2026-10-29 15:00 |
| MEXC | SHEINSTOCK_USDT | 0.0000% | 8 h | 0.0% | 0.0% | $373.2K | 2026-10-29 16:00 |
| OKX | SHEIN-USDT-SWAP | 0.0000% | 8 h | 0.0% | +2.1% | $235.5K | 2026-10-29 16:00 |
| Bitget | SHEINUSDT | 0.0000% | 8 h | 0.0% | 0.0% | $175K | 2026-10-29 16:00 |
| LBank | SHEINUSDT | 0.0000% | 8 h | 0.0% | — | — | 2026-10-29 16:00 |
| HTX | SHEIN-USDT | 0.0000% | 1 h | 0.0% | 0.0% | $7.7K | 2026-10-29 15:00 |
| Bybit | SHEINUSDT | 0.0000% | 8 h | 0.0% | +9.1% | $571.8K | 2026-10-29 16:00 |
| Gate | SHEIN_USDT | 0.0000% | 8 h | 0.0% | 0.0% | $19.4K | 2026-10-29 16:00 |
| Bitunix | SHEINUSDT | -0.0006% | 8 h | −0.7% | −1.6% | — | 2026-10-29 16:00 |
| Hyperliquid | xyz:SHEIN | -0.0118% | 1 h | −103.5% | −55.7% | $636.2K | 2026-10-29 15:00 |
Cost to enter $10,000 of SHEIN
| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| Lighter | SHEIN | 8.0 bp | top of book only |
| OKX | SHEIN-USDT-SWAP | 13.7 bp * | top of book only |
| Bitget | SHEINUSDT | 14.7 bp | top of book only |
| Bybit | SHEINUSDT | 24.5 bp | top of book only |
| Hyperliquid | xyz:SHEIN | 35.7 bp | top of book only |
| Gate | SHEIN_USDT | 45.6 bp | top of book only |
| MEXC | SHEINSTOCK_USDT | 65.0 bp | top of book only |
| HTX | SHEIN-USDT | 72.8 bp * | top of book only |
Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees. * fee estimated: the exchange publishes no fee schedule without an account.
Questions
Is SHEIN funding-rate arbitrage profitable right now?
Not at $10,000 per side for 7 days: no SHEIN pair shows a verified profit after fees and order-book slippage right now. Rates change every hour; the live page re-ranks continuously.
Which exchange has the highest SHEIN funding rate?
Crypto.com at +548.3% a year (0.0626% every 1 h); the lowest is Hyperliquid at −103.5%. A positive rate is paid by longs to shorts, a negative one by shorts to longs.
The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you.