Funding you earn now, next payment 05:00 UTC−0.0220%/8h= −24.1% APRpaid last 24h −0.066%
Price spread now: Injective against Bitget−0.935%71s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Injective is 0.935% cheaper against Bitget than usual: you would sell low and buy high (−$94 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SNOWUSDT | 340.05 | 0 | get 0.0000% / 8h | 3h 56m | $310K | $162K | 20x |
| Short | Injective SNOW/USDC PERP | 336.87 | −0.0220 | pay 0.0028% / 1h | 56m 10s | $7K | $95 | 12x |
Bitget SNOWUSDT
Injective SNOW/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$46.2
- Price spread: −0.935% → 0.000%
- −$93.52
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$151.74
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 54 min ago; Injective: no order-book sample. 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, 54 min ago | 11.46 bp | 17.7 bp −$18 | 26.8 bp −$268 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 PERPshort | −0.0220% | 1h | 336.87 | −0.935% | $7K | $95 | 12x | |
| Gate SNOW_USDT | 0.0000% | 8h | 340.68 | +0.185% | $101K | $230K | 20x | as long as short |
| Bitget SNOWUSDTlong | 0.0000% | 8h | 340.05 | long leg | $310K | $162K | 20x | |
| HTX SNOW-USDT | 0.0000% | 8h | 340.77 | +0.212% | $8K | $40K | 10x | as long as short |
| OKX SNOW-USDT-SWAP | +0.0066% | 8h | 340.80 | +0.221% | $330K | $169K | 20x | as long as short |
| Variational Omni SNOW | +0.0371% | 8h | 340.71 | +0.194% | $60K | $61K | — | as long as short |
| Bybit SNOWUSDT | +0.0411% | 8h | 340.70 | +0.191% | $721K | $527K | 25x | as long as short |
| Binance SNOWUSDT | +0.0460% | 8h | 340.68 | +0.185% | $744K | $754K | 25x | as long as short |
Gate SNOW_USDT
HTX SNOW-USDT
OKX SNOW-USDT-SWAP
Variational Omni SNOW
Bybit SNOWUSDT
Binance SNOWUSDT