Funding you earn now, next payment 08:00 UTC−0.0265%/8h= −29.0% APRnext payment −$2.65 per $10,000 · paid last 24h −0.070%
Price spread now: OKX against Variational Omni−0.142%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 −$8 a day on $10k at the current rate, and OKX is 0.142% cheaper against Variational Omni than usual: you would sell low and buy high (−$14 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 | 340.11 | 0.0265 | pay 0.0265% / 8h | 2h 11m | $59K | $63K | — |
| Short | OKX SNOW-USDT-SWAP | 339.63 | 0 | get 0.0000% / 8h | 2h 11m | $329K | $163K | 20x |
Variational Omni SNOW
OKX SNOW-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$55.69
- Price spread: −0.142% → 0.000%
- −$14.23
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$79.92
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: no order-book sample; OKX: live order book, 34 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 OKX live order book, 34 min ago | 14.99 bp | 91.7 bp −$92 | doesn't fit | 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 | −1.104% | $7K | $97 | 12x | as long as short |
| OKX SNOW-USDT-SWAPshort | 0.0000% | 8h | 339.63 | −0.142% | $329K | $163K | 20x | |
| Gate SNOW_USDT | 0.0000% | 8h | 339.93 | −0.054% | $102K | $234K | 20x | as long as short |
| Bitget SNOWUSDT | 0.0000% | 8h | 339.96 | −0.045% | $316K | $165K | 20x | as long as short |
| HTX SNOW-USDT | 0.0000% | 8h | 340.24 | +0.037% | $8K | $40K | 10x | as long as short |
| Variational Omni SNOWlong | +0.0265% | 8h | 340.11 | long leg | $59K | $63K | — | |
| Binance SNOWUSDT | +0.0350% | 8h | 340.24 | +0.038% | $743K | $752K | 25x | as long as short |
| Bybit SNOWUSDT | +0.0351% | 8h | 339.83 | −0.083% | $715K | $290K | 25x | as long as short |
Injective SNOW/USDC PERP
Gate SNOW_USDT
Bitget SNOWUSDT
HTX SNOW-USDT
Binance SNOWUSDT
Bybit SNOWUSDT