Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.025%
Price spread now: Gate against Bitget−0.085%7-day average +0.041% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.025%+$2 on $10k
+Price spread, last 4 days (all we have)+0.135%+$13 · spread now −0.085%, 7d avg +0.041%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.126% cheaper against Bitget than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.041%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SNOWUSDT | 340.38 | 0 | get 0.0000% / 8h | 1m 19s | $315K | $164K | 20x |
| Short | Gate SNOW_USDT | 340.09 | 0 | get 0.0000% / 8h | 1m 19s | $101K | $230K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bitget. 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
- $0
- Price spread: −0.085% → +0.041%
- −$12.59
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$39.59
- Costs to cover
- 0.270%
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 29 min ago; Gate: live order book, 30 min ago. 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 Bitget live order book, 29 min ago | 18.07 bp | 26.2 bp −$26 | 39.4 bp −$394 | doesn't fit | doesn't fit |
| Sell Gate live order book, 30 min ago | 19.38 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
SNOW on 8 venues
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective SNOW/USDC PERP | −0.0220% | 1h | 337.91 | −0.726% | $7K | $97 | 12x | as long as short |
| Binance SNOWUSDT | 0.0000% | 8h | 340.30 | −0.023% | $736K | $761K | 25x | as long as short |
| OKX SNOW-USDT-SWAP | 0.0000% | 8h | 340.76 | +0.112% | $332K | $167K | 20x | as long as short |
| Gate SNOW_USDTshort | 0.0000% | 8h | 340.09 | −0.085% | $101K | $230K | 20x | |
| Bitget SNOWUSDTlong | 0.0000% | 8h | 340.38 | long leg | $315K | $164K | 20x | |
| Variational Omni SNOW | 0.0000% | 8h | 341.46 | +0.318% | $59K | $61K | — | as long as short |
| HTX SNOW-USDT | 0.0000% | 8h | 340.36 | −0.006% | $8K | $40K | 10x | as long as short |
| Bybit SNOWUSDT | +0.0064% | 8h | 340.80 | +0.123% | $717K | $227K | 25x | as long as short |
Bitget SNOWUSDT
Gate SNOW_USDT
Injective SNOW/USDC PERP
Binance SNOWUSDT
OKX SNOW-USDT-SWAP
Variational Omni SNOW
HTX SNOW-USDT
Bybit SNOWUSDT