SNOW

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	QFEXSNOW-USD	305.97	0	0.0000% / 1h	9m 12s	$760K	$107K	10x	Long QFEX10% back
SHORT	InjectiveSNOW/USDC PERP	304.15	−0.0220	pay 0.0028% / 1h	9m 12s	$4K	$170K	10x	Short Injective

Price gap−0.593%

Funding gap−0.0220% /8h

Both sides work against this direction now: funding costs $7 a day on $10k and the gap is 0.717% under its 7d average. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$36−0.0220% /8h now · paid −0.357% over the last 7D

Price−$72spread −0.593% now, avg +0.124% → −0.717% if it goes back

Costsno datano order book for Injective

Result, before costs−$107−1.07%no pointscosts unknown: no order book for Injective · What the last 7D really paid, hour by hour → backtest

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.593%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

SNOW on 13 exchanges

lowest funding first

Before you open

2 ok · 2 to watch

Note: Order book unknown—
No order-book sample for Injective: its slippage is not counted.
Note: Margin at max leverage$1,000 + $1,000
QFEX 10x, Injective 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval1h / 1h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: −$6.60Long QFEX: 24 payments, $0.00; short Injective: 24 payments, −$6.60.
Watch: Gap narrower than usual−0.593% vs +0.124%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Short leg is thinner$4K vs $760K OI
Injective sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
OK: No KYC on either legQFEX No · Injective No
Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0170%/8h × 21 periods−$35.68

Price spread−0.593% → +0.124% (7d avg)−$71.71

Slippage, 4 ordersno data for Injective—

Fee QFEX bp × 2 orders−$20.00

Fee Injective bp × 2 orders−$0.02

Net, fees only · 7 days · $10k−$127.41

Costs to cover0.200%Break-evennever at this rate

Slippage: QFEX: live order book, 39 min ago; Injective: no order-book sample

Cost to enter

taker + slippage from mid, one side

BUY · LONGQFEX1100.221287.7 bp−$1,288doesn’t fitdoesn’t fitdoesn’t fit

SELL · SHORTInjective—————

Closing costs about the same again.
Injective: no data.

SNOW news

posts that mention SNOW or Snowflake, from every exchangeSearch all news →

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09-30 02:40	BloFin	Listing	new market SNOW-USDT ($SNOW) seen by our collector
09-26 03:23	BingX	Other	$SNOW is already up 51% this year 👀 AI adoption, 37% product growth and higher guidance are keeping the $500 case alive. Can Snowflake keep the momentum going? Read the full outlook 👇 @BingXOfficial on X ↗