SNOW

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BybitSNOWUSDT	324.14	+0.0318	pay 0.0318% / 8h	5h 07m	$573K	$60K	25x	Long Bybit
SHORT	QFEXSNOW-USD	323.37	0	0.0000% / 1h	7m 40s	$281K	$15K	10x	Short QFEX10% back

Price gap−0.238%

Funding gap−0.0318% /8h

Funding costs $10 a day on $10k at the current rate. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$12−0.0318% /8h now · paid −0.122% over the last 7D

Price−$1spread −0.238% now, avg −0.225% → −0.013% if it goes back

Costs−$2292.285% of $10k · taker + slippage, in and out

Result−$242−2.42%no pointsWhat the last 7D really paid, hour by hour → backtest

The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.122% in total, about −0.0058%/8h on average.

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.238%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

SNOW on 13 exchanges

lowest funding first

Before you open

0 ok · 4 to watch

Watch: Thin at this size95.3 / 27.4 bp
At $10k entering Bybit costs 95.3 bp, fee and slippage, 3.5× QFEX’s.
Note: Margin at max leverage$400 + $1,000
Bybit 25x, QFEX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ8h / 1h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: −$9.53Long Bybit: 3 payments, −$9.53; short QFEX: 24 payments, $0.00.
Note: Gap at its usual level−0.238% vs −0.225%
The price leg adds little either way.
Watch: Short leg is thinner$281K vs $573K OI
QFEX sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCBybit Yes · QFEX No
Standard verification is mandatory for every product.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0058%/8h × 21 periods−$12.20

Price spread−0.238% → −0.225% (7d avg)−$1.28

Slippage, 4 orderslive order books−$197.51

Fee Bybit bp × 2 orders−$11.00

Fee QFEX bp × 2 orders−$20.00

Net · 7 days · $10k−$241.99

Costs to cover2.285%Break-evennever at this rate

Slippage: Bybit: live order book, 8 min ago; QFEX: live order book, 50 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBybit10.9595.3 bp−$95243.1 bp−$2,431doesn’t fitdoesn’t fit

SELL · SHORTQFEX2.1527.4 bp−$27doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

SNOW news

posts that mention SNOW or Snowflake, from every exchangeSearch all news →

10-14 14:31	QFEX	Other	$SNOW - Snowflake Inc. is now trading 24/7 @QFEX on X ↗
10-13 11:22	QFEX	Listing	new market SNOW-USD ($SNOW) seen by our collector
09-30 07:06	BloFin	Listing	BloFin Futures will list the $UNH-USDT, $KLAC-USDT, $SNOW-USDT, $GS-USDT, $HIMS-USDT, and $TMF-USDT Perpetual Contracts 🔥 Trade and take advantage of: ✅ 0% Maker Fees ✅ 50% off Taker Fees Details: @BloFin_Official on X ↗
09-30 02:40	BloFin	Listing	new market SNOW-USDT ($SNOW) seen by our collector
09-26 03:23	BingX	Other	$SNOW is already up 51% this year 👀 AI adoption, 37% product growth and higher guidance are keeping the $500 case alive. Can Snowflake keep the momentum going? Read the full outlook 👇 @BingXOfficial on X ↗