Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.024%
Price spread now: Binance against Bybit−0.051%7-day average −0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$230as in the Funding arb table
Net, price: spread back to 7d avg − costs−$228as in the Price arb table
costs, in and out, $10k−$2282.284% of the position
Funding, last 7 days−0.018%−$2 on $10k
+Price spread, last 2 days (all we have)−0.048%−$5 · spread now −0.051%, 7d avg −0.051%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SNOWUSDT | 341.01 | 0 | get 0.0000% / 8h | 7h 48m | $718K | $232K | 25x |
| Short | Binance SNOWUSDT | 340.84 | 0 | get 0.0000% / 8h | 7h 48m | $736K | $781K | 25x |
Bybit SNOWUSDT
Binance SNOWUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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: −0.051% → −0.051%
- $0.06
- Slippage, 4 orders
- −$207.43
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$228.37
- Costs to cover
- 2.284%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 22 min ago; Binance: live order book, 14 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 Bybit live order book, 22 min ago | 5.42 bp | 70.5 bp −$71 | 183.4 bp −$1,834 | doesn't fit | doesn't fit |
| Sell Binance live order book, 14 min ago | 6.32 bp | 27.0 bp −$27 | 85.3 bp −$853 | 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 | −0.909% | $7K | $93 | 12x | as long as short |
| Binance SNOWUSDTshort | 0.0000% | 8h | 340.84 | −0.051% | $736K | $781K | 25x | |
| Bybit SNOWUSDTlong | 0.0000% | 8h | 341.01 | long leg | $718K | $232K | 25x | |
| OKX SNOW-USDT-SWAP | 0.0000% | 8h | 340.61 | −0.117% | $330K | $172K | 20x | as long as short |
| Gate SNOW_USDT | 0.0000% | 8h | 340.71 | −0.088% | $101K | $227K | 20x | as long as short |
| Bitget SNOWUSDT | 0.0000% | 8h | 340.19 | −0.240% | $293K | $189K | 20x | as long as short |
| Variational Omni SNOW | 0.0000% | 8h | 340.50 | −0.148% | $59K | $61K | — | as long as short |
| HTX SNOW-USDT | 0.0000% | 8h | 340.77 | −0.070% | $8K | $40K | 10x | as long as short |
Injective SNOW/USDC PERP
OKX SNOW-USDT-SWAP
Gate SNOW_USDT
Bitget SNOWUSDT
Variational Omni SNOW
HTX SNOW-USDT