Funding you earn now, next payment 07:00 UTC+0.0220%/8h= +24.1% APRpaid last 24h +0.091%
Price spread now: Gate against Injective+0.826%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 +$7 a day on $10k at the current rate, and Gate is 0.826% dearer against Injective than usual: you sell high and buy low: +$83 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 | 336.58 | −0.0220 | get 0.0028% / 1h | 34m 46s | $7K | $95 | 12x |
| Short | Gate SNOW_USDT | 339.36 | 0 | get 0.0000% / 8h | 1h 34m | $102K | $229K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $46.2
- Price spread: +0.826% → 0.000%
- $82.6
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $113.78
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Gate: live order book, 2 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 Gate live order book, 2 min ago | 19.15 bp | 185.8 bp −$186 | doesn't fit | 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 | 336.58 | long leg | $7K | $95 | 12x | |
| OKX SNOW-USDT-SWAP | 0.0000% | 8h | 339.47 | +0.859% | $329K | $162K | 20x | as long as short |
| Gate SNOW_USDTshort | 0.0000% | 8h | 339.36 | +0.826% | $102K | $229K | 20x | |
| Bitget SNOWUSDT | 0.0000% | 8h | 339.97 | +1.007% | $316K | $165K | 20x | as long as short |
| HTX SNOW-USDT | 0.0000% | 8h | 339.47 | +0.859% | $8K | $40K | 10x | as long as short |
| Variational Omni SNOW | +0.0165% | 8h | 339.41 | +0.841% | $59K | $63K | — | as long as short |
| Binance SNOWUSDT | +0.0238% | 8h | 339.35 | +0.823% | $741K | $753K | 25x | as long as short |
| Bybit SNOWUSDT | +0.0332% | 8h | 339.56 | +0.885% | $714K | $230K | 25x | as long as short |
Injective SNOW/USDC PERP
Gate SNOW_USDT
OKX SNOW-USDT-SWAP
Bitget SNOWUSDT
HTX SNOW-USDT
Variational Omni SNOW
Binance SNOWUSDT
Bybit SNOWUSDT