Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.020%
Price spread now: OKX against Gate−0.159%7-day average −0.020% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.010%−$1 on $10k
+Price spread, last 4 days (all we have)+0.188%+$19 · spread now −0.159%, 7d avg −0.020%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.139% cheaper against Gate than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of −0.020%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SNOW_USDT | 339.87 | 0 | get 0.0000% / 8h | 2h 58m | $101K | $230K | 20x |
| Short | OKX SNOW-USDT-SWAP | 339.33 | 0 | get 0.0000% / 8h | 2h 58m | $329K | $162K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.159% → −0.020%
- −$13.93
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$38.93
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 48 min ago; OKX: live order book, 52 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, 48 min ago | 11.44 bp | 199.1 bp −$199 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 52 min ago | 5.73 bp | 84.2 bp −$84 | doesn't fit | 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 | 335.97 | −1.147% | $7K | $94 | 12x | as long as short |
| OKX SNOW-USDT-SWAPshort | 0.0000% | 8h | 339.33 | −0.159% | $329K | $162K | 20x | |
| Gate SNOW_USDTlong | 0.0000% | 8h | 339.87 | long leg | $101K | $230K | 20x | |
| Bitget SNOWUSDT | 0.0000% | 8h | 340.08 | +0.062% | $316K | $165K | 20x | as long as short |
| HTX SNOW-USDT | 0.0000% | 8h | 339.73 | −0.041% | $8K | $40K | 10x | as long as short |
| Variational Omni SNOW | +0.0346% | 8h | 339.66 | −0.063% | $60K | $61K | — | as long as short |
| Bybit SNOWUSDT | +0.0367% | 8h | 339.85 | −0.006% | $717K | $289K | 25x | as long as short |
| Binance SNOWUSDT | +0.0416% | 8h | 339.73 | −0.040% | $743K | $749K | 25x | as long as short |
Gate SNOW_USDT
OKX SNOW-USDT-SWAP
Injective SNOW/USDC PERP
Bitget SNOWUSDT
HTX SNOW-USDT
Variational Omni SNOW
Bybit SNOWUSDT
Binance SNOWUSDT