Funding you earn now, next payment 08:00 UTC+0.0460%/8h= +50.4% APRnext payment +$4.60 per $10,000 · paid last 24h +0.063%
Price spread now: Binance against Gate0.000%7-day average −0.006% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.095%+$10 on $10k
+Price spread, last 2 days (all we have)−0.086%−$9 · spread now 0.000%, 7d avg −0.006%
=The price spread sits at its 7-day average of −0.006%, so right now this pair is about funding alone: +$14 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.095% in total (about 5.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.60 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SNOW_USDT | 340.68 | 0 | get 0.0000% / 8h | 3h 56m | $101K | $230K | 20x |
| Short | Binance SNOWUSDT | 340.68 | 0.0460 | get 0.0460% / 8h | 3h 56m | $744K | $754K | 25x |
Gate SNOW_USDT
Binance SNOWUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- $96.59
- Price spread: 0.000% → −0.006%
- $0.61
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $72.2
- Costs to cover
- 0.250%
- Break-even
- 1.8 days
Slippage unknown: Gate: live order book, 55 min ago; Binance: live order book, 66 min ago. 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 Gate live order book, 55 min ago | 13.66 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 66 min ago | 3.67 bp | 41.3 bp −$41 | 96.5 bp −$965 | 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 | 336.87 | −1.118% | $7K | $95 | 12x | as long as short |
| Gate SNOW_USDTlong | 0.0000% | 8h | 340.68 | long leg | $101K | $230K | 20x | |
| Bitget SNOWUSDT | 0.0000% | 8h | 340.05 | −0.185% | $310K | $162K | 20x | as long as short |
| HTX SNOW-USDT | 0.0000% | 8h | 340.77 | +0.026% | $8K | $40K | 10x | as long as short |
| OKX SNOW-USDT-SWAP | +0.0066% | 8h | 340.80 | +0.035% | $330K | $169K | 20x | as long as short |
| Variational Omni SNOW | +0.0374% | 8h | 340.44 | −0.072% | $60K | $61K | — | as long as short |
| Bybit SNOWUSDT | +0.0411% | 8h | 340.73 | +0.015% | $721K | $527K | 25x | as long as short |
| Binance SNOWUSDTshort | +0.0460% | 8h | 340.68 | 0.000% | $744K | $754K | 25x |
Injective SNOW/USDC PERP
Bitget SNOWUSDT
HTX SNOW-USDT
OKX SNOW-USDT-SWAP
Variational Omni SNOW
Bybit SNOWUSDT