Funding you earn now, next payment 06:00 UTC−0.0566%/8h= −62.0% APRpaid last 24h −0.141%
Price spread now: Injective against Variational Omni−1.085%7-day average — · you buy dearer than you sell
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
Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and Injective is 1.085% cheaper against Variational Omni than usual: you would sell low and buy high (−$109 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni SNOW | 339.66 | 0.0346 | pay 0.0346% / 8h | 2h 59m | $60K | $61K | — |
| Short | Injective SNOW/USDC PERP | 335.97 | −0.0220 | pay 0.0028% / 1h | 59m 00s | $7K | $94 | 12x |
Variational Omni SNOW
Injective SNOW/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$118.94
- Price spread: −1.085% → 0.000%
- −$108.51
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$227.47
- Costs to cover
- 0.000%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: no order-book sample; Injective: no order-book sample. 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 Injective no order-book sample | — | — | — | — | — |
Variational Omni and 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 PERPshort | −0.0220% | 1h | 335.97 | −1.085% | $7K | $94 | 12x | |
| OKX SNOW-USDT-SWAP | 0.0000% | 8h | 339.33 | −0.096% | $329K | $162K | 20x | as long as short |
| Gate SNOW_USDT | 0.0000% | 8h | 339.62 | −0.010% | $101K | $230K | 20x | as long as short |
| Bitget SNOWUSDT | 0.0000% | 8h | 340.08 | +0.125% | $316K | $165K | 20x | as long as short |
| HTX SNOW-USDT | 0.0000% | 8h | 339.73 | +0.022% | $8K | $40K | 10x | as long as short |
| Variational Omni SNOWlong | +0.0346% | 8h | 339.66 | long leg | $60K | $61K | — | |
| Bybit SNOWUSDT | +0.0371% | 8h | 339.73 | +0.022% | $717K | $289K | 25x | as long as short |
| Binance SNOWUSDT | +0.0420% | 8h | 339.53 | −0.038% | $742K | $749K | 25x | as long as short |
OKX SNOW-USDT-SWAP
Gate SNOW_USDT
Bitget SNOWUSDT
HTX SNOW-USDT
Bybit SNOWUSDT
Binance SNOWUSDT