SNOW

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BingXNCSKSNOW2USD-USDT	330.59	+0.0050	pay 0.0050% / 8h	4h 10m	$989K	$1.2M	—	Long BingX
SHORT	InjectiveSNOW/USDC PERP	331.01	+0.0220	get 0.0028% / 1h	10m 46s	$6K	$116K	10x	Short Injective

Price gap+0.127%

Funding gap+0.0170% /8h

Both sides work: funding pays +$5 a day on $10k, and the gap is 1.934% above its 7d average: +$193 more if it goes back.

Funding on this pair cost 0.354% over the last 7 days: the rate has only just turned.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$35+0.0170% /8h now · paid −0.354% over the last 7D

Price+$193spread +0.127% now, avg −1.806% → +1.934% if it goes back

Costsdoesn’t fit$10k a leg is deeper than the books hold

Result, before costs+$158+1.58%no pointscosts unknown: book too thin at $10k · What the last 7D really paid, hour by hour → backtest

Price and funding

1h · loading 5m…

Price spread

Prices

Fundingper 8h

P&L

PRICE SPREAD · 7D

Now+0.127%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

SNOW on 10 exchanges

lowest funding first

Before you open

1 ok · 4 to watch

Problem: Doesn’t fit the books—
$10k a leg is deeper than Injective’s order book right now.
Note: Margin at max leverage— + $1,000
BingX —, Injective 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ8h / 1h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: +$5.10Long BingX: 3 payments, −$1.50; short Injective: 24 payments, +$6.60.
OK: Entry gap works for you+0.127% vs −1.806%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Short leg is thinner$6K vs $989K OI
Injective sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCBingX Yes · Injective No
Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0169%/8h × 21 periods−$35.44

Price spread+0.127% → −1.806% (7d avg)+$193.36

Slippage, 4 ordersdoesn’t fit the book at $10k—

Fee BingX bp × 2 orders−$10.00

Fee Injective bp × 2 orders−$0.02

Net · 7 days · $10k—

doesn’t fit the books at $10k

Costs to cover—Break-even—

Slippage: BingX: live order book, 11 min ago; Injective: live order book, 1 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBingX8.4734.9 bp−$3598.6 bp−$986313.6 bp−$31.4K779.7 bp−$389.9K

SELL · SHORTInjective362.72doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

SNOW news

posts that mention SNOW or Snowflake, from every exchangeSearch all news →

09-30 07:06	BloFin	Listing	BloFin Futures will list the $UNH-USDT, $KLAC-USDT, $SNOW-USDT, $GS-USDT, $HIMS-USDT, and $TMF-USDT Perpetual Contracts 🔥 Trade and take advantage of: ✅ 0% Maker Fees ✅ 50% off Taker Fees Details: @BloFin_Official on X ↗
09-30 02:40	BloFin	Listing	new market SNOW-USDT ($SNOW) seen by our collector
09-26 03:23	BingX	Other	$SNOW is already up 51% this year 👀 AI adoption, 37% product growth and higher guidance are keeping the $500 case alive. Can Snowflake keep the momentum going? Read the full outlook 👇 @BingXOfficial on X ↗