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: Gate against OKX+0.141%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$663as in the Funding arb table
Net, price: spread back to 7d avg − costs−$652as in the Price arb table
costs, in and out, $10k−$6646.639% of the position
Funding, last 7 days+0.010%+$1 on $10k
+Price spread, last 4 days (all we have)−0.158%−$16 · spread now +0.141%, 7d avg +0.020%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.121% dearer against OKX than usual: you sell high and buy low, +$12 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 | OKX SNOW-USDT-SWAP | 339.63 | 0 | get 0.0000% / 8h | 2h 11m | $329K | $163K | 20x |
| Short | Gate SNOW_USDT | 340.11 | 0 | get 0.0000% / 8h | 2h 11m | $102K | $234K | 20x |
OKX SNOW-USDT-SWAP
Gate SNOW_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: +0.141% → +0.020%
- $12.1
- Slippage, 4 orders
- −$638.86
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$651.75
- Costs to cover
- 6.639%
- Break-even
- never at this rate
Slippage from OKX: live order book, 33 min ago; Gate: live order book, 30 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, 33 min ago | 14.99 bp | 87.5 bp −$87 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 30 min ago | 18.07 bp | 299.8 bp −$300 | 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 | 336.36 | −0.963% | $7K | $97 | 12x | as long as short |
| OKX SNOW-USDT-SWAPlong | 0.0000% | 8h | 339.63 | long leg | $329K | $163K | 20x | |
| Gate SNOW_USDTshort | 0.0000% | 8h | 340.11 | +0.141% | $102K | $234K | 20x | |
| Bitget SNOWUSDT | 0.0000% | 8h | 339.96 | +0.097% | $316K | $165K | 20x | as long as short |
| HTX SNOW-USDT | 0.0000% | 8h | 340.24 | +0.180% | $8K | $40K | 10x | as long as short |
| Variational Omni SNOW | +0.0265% | 8h | 340.11 | +0.142% | $59K | $63K | — | as long as short |
| Binance SNOWUSDT | +0.0349% | 8h | 340.24 | +0.180% | $743K | $752K | 25x | as long as short |
| Bybit SNOWUSDT | +0.0349% | 8h | 339.83 | +0.059% | $715K | $290K | 25x | as long as short |
Injective SNOW/USDC PERP
Bitget SNOWUSDT
HTX SNOW-USDT
Variational Omni SNOW
Binance SNOWUSDT
Bybit SNOWUSDT