Settings8H · net · $10k
Funding arb · Price arb /

SNOW

RWAall SNOW markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.160%+$16 on $10k · with fees, hour by hour
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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SNOWUSDT340.380get 0.0000% / 8h1m 19s$315K$164K20x
ShortGate SNOW_USDT340.090get 0.0000% / 8h1m 19s$101K$230K20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 29 min ago18.07 bp26.2 bp −$2639.4 bp −$394doesn't fitdoesn't fit
Sell Gate live order book, 30 min ago19.38 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

SNOW on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective SNOW/USDC PERP−0.0220%1h337.91−0.726%$7K$9712xas long as short
Binance SNOWUSDT0.0000%8h340.30−0.023%$736K$761K25xas long as short
OKX SNOW-USDT-SWAP0.0000%8h340.76+0.112%$332K$167K20xas long as short
Gate SNOW_USDTshort0.0000%8h340.09−0.085%$101K$230K20x
Bitget SNOWUSDTlong0.0000%8h340.38long leg$315K$164K20x
Variational Omni SNOW0.0000%8h341.46+0.318%$59K$61Kas long as short
HTX SNOW-USDT0.0000%8h340.36−0.006%$8K$40K10xas long as short
Bybit SNOWUSDT+0.0064%8h340.80+0.123%$717K$227K25xas long as short