Funding you earn now, next payment 06:00 UTC+0.0566%/8h= +61.9% APRpaid last 24h +0.152%
Price spread now: Bybit against Injective+1.032%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and Bybit is 1.032% dearer against Injective than usual: you sell high and buy low: +$103 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective SNOW/USDC PERP | 336.36 | −0.0220 | get 0.0028% / 1h | 14m 45s | $7K | $97 | 12x |
| Short | Bybit SNOWUSDT | 339.83 | 0.0346 | get 0.0346% / 8h | 2h 14m | $715K | $290K | 25x |
Injective SNOW/USDC PERP
Bybit SNOWUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Injective. 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
- $118.79
- Price spread: +1.032% → 0.000%
- $103.16
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $210.94
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Bybit: live order book, 6 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 Injective no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 6 min ago | 4.27 bp | 86.7 bp −$87 | 207.3 bp −$2,073 | doesn't fit | doesn't fit |
Injective: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective SNOW/USDC PERPlong | −0.0220% | 1h | 336.36 | long leg | $7K | $97 | 12x | |
| OKX SNOW-USDT-SWAP | 0.0000% | 8h | 339.63 | +0.972% | $329K | $163K | 20x | as long as short |
| Gate SNOW_USDT | 0.0000% | 8h | 340.10 | +1.112% | $101K | $233K | 20x | as long as short |
| Bitget SNOWUSDT | 0.0000% | 8h | 339.96 | +1.070% | $316K | $165K | 20x | as long as short |
| HTX SNOW-USDT | 0.0000% | 8h | 340.17 | +1.133% | $8K | $40K | 10x | as long as short |
| Variational Omni SNOW | +0.0265% | 8h | 340.11 | +1.116% | $59K | $63K | — | as long as short |
| Bybit SNOWUSDTshort | +0.0346% | 8h | 339.83 | +1.032% | $715K | $290K | 25x | |
| Binance SNOWUSDT | +0.0351% | 8h | 340.19 | +1.139% | $743K | $753K | 25x | as long as short |
OKX SNOW-USDT-SWAP
Gate SNOW_USDT
Bitget SNOWUSDT
HTX SNOW-USDT
Variational Omni SNOW
Binance SNOWUSDT