Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.005%
Price spread now: OKX against Bitget+0.290%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$208as in the Funding arb table
Net, price: spread back to 7d avg − costs−$182as in the Price arb table
costs, in and out, $10k−$2092.093% of the position
Funding, last 7 days+0.015%+$1 on $10k
+Price spread, last 4 days (all we have)−0.223%−$22 · spread now +0.290%, 7d avg +0.019%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.271% dearer against Bitget than usual: you sell high and buy low, +$27 on $10k if it goes back to its 7-day average of +0.019%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SNOWUSDT | 345.00 | 0 | get 0.0000% / 8h | 4h 09m | $302K | $194K | 20x |
| Short | OKX SNOW-USDT-SWAP | 346.00 | 0 | get 0.0000% / 8h | 4h 09m | $335K | $176K | 20x |
Bitget SNOWUSDT
OKX SNOW-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: +0.290% → +0.019%
- $27.1
- Slippage, 4 orders
- −$187.35
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$182.25
- Costs to cover
- 2.093%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 23 min ago; OKX: live order book, 29 min ago.
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, 23 min ago | 13.12 bp | 36.6 bp −$37 | 59.5 bp −$595 | doesn't fit | doesn't fit |
| Sell OKX live order book, 29 min ago | 13.41 bp | 43.0 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
SNOW on 8 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| OKX SNOW-USDT-SWAPshort | 0.0000% | 8h | 346.00 | +0.290% | $335K | $176K | 20x | |
| Gate SNOW_USDT | 0.0000% | 8h | 346.23 | +0.357% | $102K | $225K | 20x | as long as short |
| Bitget SNOWUSDTlong | 0.0000% | 8h | 345.00 | long leg | $302K | $194K | 20x | |
| Variational Omni SNOW | 0.0000% | 8h | 346.17 | +0.341% | $66K | $70K | — | as long as short |
| HTX SNOW-USDT | 0.0000% | 8h | 346.27 | +0.368% | $8K | $41K | 10x | as long as short |
| Injective SNOW/USDC PERP | +0.0033% | 1h | 338.38 | −1.919% | $7K | $83 | 12x | as long as short |
| Binance SNOWUSDT | +0.0057% | 8h | 346.36 | +0.394% | $791K | $912K | 25x | as long as short |
| Bybit SNOWUSDT | +0.0287% | 8h | 346.50 | +0.435% | $726K | $218K | 25x | as long as short |
Gate SNOW_USDT
Variational Omni SNOW
HTX SNOW-USDT
Injective SNOW/USDC PERP
Binance SNOWUSDT
Bybit SNOWUSDT