SNOW

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0351%/8h= −38.5% APRnext payment −$3.51 per $10,000 · paid last 24h −0.086%

Price spread now: HTX against Bybit+0.121%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Bybit Short on HTX

What this pair did over the last

the charts below follow

Funding, last 5 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

The price spread pays, funding is against you. HTX is 0.121% dearer against Bybit than usual: you sell high and buy low (spread +0.121% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 27 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit SNOWUSDT	339.83	0.0351	pay 0.0351% / 8h	2h 11m	$715K	$290K	25x
Short	HTX SNOW-USDT	340.24	0	get 0.0000% / 8h	2h 11m	$8K	$40K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Bybit. 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

Position, each leg$Hold fordaysFee BybitbpFee HTXbpOrdersPrice spread, now +0.121%Rate

Funding earned: −$73.75
Price spread: +0.121% → 0.000%: $12.06
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee HTX: 6 bp × 2 orders: −$12
Net: −$84.69
Costs to cover: 0.230%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 9 min ago; HTX: 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 Bybit live order book, 9 min ago	4.27 bp	111.9 bp −$112	208.9 bp −$2,089	doesn't fit	doesn't fit
Sell HTX no order-book sample	—	—	—	—	—

HTX: 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 PERP	−0.0220%	1h	336.66	−0.933%	$7K	$98	12x	as long as short
OKX SNOW-USDT-SWAP	0.0000%	8h	339.63	−0.059%	$329K	$163K	20x	as long as short
Gate SNOW_USDT	0.0000%	8h	340.04	+0.062%	$102K	$234K	20x	as long as short
Bitget SNOWUSDT	0.0000%	8h	339.96	+0.038%	$316K	$165K	20x	as long as short
HTX SNOW-USDTshort	0.0000%	8h	340.24	+0.121%	$8K	$40K	10x
Variational Omni SNOW	+0.0265%	8h	340.11	+0.084%	$59K	$63K	—	as long as short
Binance SNOWUSDT	+0.0350%	8h	340.24	+0.120%	$743K	$752K	25x	as long as short
Bybit SNOWUSDTlong	+0.0351%	8h	339.83	long leg	$715K	$290K	25x