Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Gate−0.088%7-day average −0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$514as in the Funding arb table
Net, price: spread back to 7d avg − costs−$516as in the Price arb table
costs, in and out, $10k−$5115.112% of the position
Funding, last 7 days−0.025%−$2 on $10k
+Price spread, last 4 days (all we have)+0.043%+$4 · spread now −0.088%, 7d avg −0.040%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.048% cheaper against Gate than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.040%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SNOW_USDT | 340.94 | 0 | get 0.0000% / 8h | 7h 22m | $101K | $230K | 20x |
| Short | Bitget SNOWUSDT | 340.64 | 0 | get 0.0000% / 8h | 7h 22m | $292K | $189K | 20x |
Gate SNOW_USDT
Bitget SNOWUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $0
- Price spread: −0.088% → −0.040%
- −$4.8
- Slippage, 4 orders
- −$484.22
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$516.02
- Costs to cover
- 5.112%
- Break-even
- never at this rate
Slippage from Gate: live order book, 3 min ago; Bitget: live order book, 2 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 Gate live order book, 3 min ago | 10.84 bp | 205.0 bp −$205 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 25.11 bp | 55.2 bp −$55 | 70.6 bp −$706 | 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 | −0.889% | $7K | $93 | 12x | as long as short |
| Binance SNOWUSDT | 0.0000% | 8h | 341.06 | +0.035% | $735K | $794K | 25x | as long as short |
| Bybit SNOWUSDT | 0.0000% | 8h | 341.45 | +0.150% | $719K | $232K | 25x | as long as short |
| OKX SNOW-USDT-SWAP | 0.0000% | 8h | 340.88 | −0.018% | $328K | $173K | 20x | as long as short |
| Gate SNOW_USDTlong | 0.0000% | 8h | 340.94 | long leg | $101K | $230K | 20x | |
| Bitget SNOWUSDTshort | 0.0000% | 8h | 340.64 | −0.088% | $292K | $189K | 20x | |
| Variational Omni SNOW | 0.0000% | 8h | 341.86 | +0.271% | $59K | $60K | — | as long as short |
| HTX SNOW-USDT | 0.0000% | 8h | 341.46 | +0.153% | $8K | $40K | 10x | as long as short |
Injective SNOW/USDC PERP
Binance SNOWUSDT
Bybit SNOWUSDT
OKX SNOW-USDT-SWAP
Variational Omni SNOW
HTX SNOW-USDT