Settings8H · net · $10k
Funding arb · Price arb /

SNOW

RWAall SNOW markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0332%/8h= +36.3% APRnext payment +$3.32 per $10,000 · paid last 24h +0.086%
Price spread now: Bybit against HTX+0.027%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Bybit is 0.027% dearer against HTX than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX SNOW-USDT339.470get 0.0000% / 8h1h 34m$8K$40K10x
ShortBybit SNOWUSDT339.560.0332get 0.0332% / 8h1h 34m$714K$230K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against HTX. 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

Funding earned
$69.7
Price spread: +0.027% → 0.000%
$2.65
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$49.35
Costs to cover
0.230%
Break-even
2.0 days
Slippage unknown: HTX: no order-book sample; Bybit: live order book, 46 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy HTX no order-book sample
Sell Bybit live order book, 46 min ago4.27 bp86.7 bp −$87207.3 bp −$2,073doesn't fitdoesn't fit
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective SNOW/USDC PERP−0.0220%1h336.58−0.851%$7K$9512xas long as short
OKX SNOW-USDT-SWAP0.0000%8h339.470.000%$329K$162K20xas long as short
Gate SNOW_USDT0.0000%8h339.36−0.032%$102K$229K20xas long as short
Bitget SNOWUSDT0.0000%8h339.97+0.147%$316K$165K20xas long as short
HTX SNOW-USDTlong0.0000%8h339.47long leg$8K$40K10x
Variational Omni SNOW+0.0165%8h339.41−0.017%$59K$63Kas long as short
Binance SNOWUSDT+0.0238%8h339.35−0.035%$741K$753K25xas long as short
Bybit SNOWUSDTshort+0.0332%8h339.56+0.027%$714K$230K25x