Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.005%
Price spread now: Bitget against OKX−0.164%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$242as in the Funding arb table
Net, price: spread back to 7d avg − costs−$255as in the Price arb table
costs, in and out, $10k−$2412.405% of the position
Funding, last 7 days−0.015%−$1 on $10k
+Price spread, last 4 days (all we have)+0.107%+$11 · spread now −0.164%, 7d avg −0.019%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.145% cheaper against OKX than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of −0.019%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SNOW-USDT-SWAP | 341.27 | 0 | get 0.0000% / 8h | 40m 14s | $330K | $163K | 20x |
| Short | Bitget SNOWUSDT | 340.71 | 0 | get 0.0000% / 8h | 40m 14s | $317K | $163K | 20x |
OKX SNOW-USDT-SWAP
Bitget SNOWUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against OKX. 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: −0.164% → −0.019%
- −$14.47
- Slippage, 4 orders
- −$218.52
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$254.99
- Costs to cover
- 2.405%
- Break-even
- never at this rate
Slippage from OKX: live order book, 60 min ago; Bitget: live order book, 55 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 OKX live order book, 60 min ago | 11.34 bp | 98.8 bp −$99 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 55 min ago | 9.72 bp | 23.9 bp −$24 | 62.9 bp −$629 | 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 | 336.71 | −1.336% | $7K | $95 | 12x | as long as short |
| OKX SNOW-USDT-SWAPlong | 0.0000% | 8h | 341.27 | long leg | $330K | $163K | 20x | |
| Gate SNOW_USDT | 0.0000% | 8h | 340.74 | −0.155% | $101K | $226K | 20x | as long as short |
| Bitget SNOWUSDTshort | 0.0000% | 8h | 340.71 | −0.164% | $317K | $163K | 20x | |
| Variational Omni SNOW | 0.0000% | 8h | 340.96 | −0.091% | $59K | $63K | — | as long as short |
| HTX SNOW-USDT | 0.0000% | 8h | 341.04 | −0.067% | $8K | $40K | 10x | as long as short |
| Binance SNOWUSDT | +0.0043% | 8h | 340.94 | −0.096% | $743K | $749K | 25x | as long as short |
| Bybit SNOWUSDT | +0.0166% | 8h | 340.87 | −0.117% | $717K | $227K | 25x | as long as short |
Injective SNOW/USDC PERP
Gate SNOW_USDT
Variational Omni SNOW
HTX SNOW-USDT
Binance SNOWUSDT
Bybit SNOWUSDT