Funding you earn now, next payment 08:00 UTC−0.0297%/8h= −32.5% APRnext payment −$2.97 per $10,000 · paid last 24h −0.075%
Price spread now: Bitget against Variational Omni+0.226%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—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
The price spread pays, funding is against you. Bitget is 0.226% dearer against Variational Omni than usual: you sell high and buy low (spread +0.226% now, against zero (this spread has no 7-day history yet)): +$23 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 2.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni SNOW | 339.19 | 0.0297 | pay 0.0297% / 8h | 2h 22m | $59K | $61K | — |
| Short | Bitget SNOWUSDT | 339.96 | 0 | get 0.0000% / 8h | 2h 22m | $316K | $165K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Variational Omni. 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
- −$62.29
- Price spread: +0.226% → 0.000%
- $22.58
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$51.71
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Variational Omni: no order-book sample; Bitget: live order book, 18 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 Variational Omni no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 18 min ago | 14.26 bp | 34.7 bp −$35 | 76.3 bp −$763 | doesn't fit | doesn't fit |
Variational Omni: 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 PERP | −0.0220% | 1h | 336.36 | −0.836% | $7K | $97 | 12x | as long as short |
| OKX SNOW-USDT-SWAP | 0.0000% | 8h | 339.63 | +0.129% | $329K | $163K | 20x | as long as short |
| Gate SNOW_USDT | 0.0000% | 8h | 339.13 | −0.019% | $101K | $233K | 20x | as long as short |
| Bitget SNOWUSDTshort | 0.0000% | 8h | 339.96 | +0.226% | $316K | $165K | 20x | |
| HTX SNOW-USDT | 0.0000% | 8h | 339.62 | +0.126% | $8K | $40K | 10x | as long as short |
| Variational Omni SNOWlong | +0.0297% | 8h | 339.19 | long leg | $59K | $61K | — | |
| Bybit SNOWUSDT | +0.0339% | 8h | 339.83 | +0.187% | $715K | $290K | 25x | as long as short |
| Binance SNOWUSDT | +0.0374% | 8h | 339.71 | +0.152% | $742K | $751K | 25x | as long as short |
Variational Omni SNOW
Bitget SNOWUSDT
Injective SNOW/USDC PERP
OKX SNOW-USDT-SWAP
Gate SNOW_USDT
HTX SNOW-USDT
Bybit SNOWUSDT
Binance SNOWUSDT