SNOW funding rates
SNOW funding is -0.0385% per 8h on MEXC right now, -42.2% annualized; 8 exchanges quote the perpetual.
Rates by exchange
live| Exchange | Mark | Index | Mark vs index | Funding | APR | Interval | Next settlement |
|---|---|---|---|---|---|---|---|
 BingX | 311.86 | 311.86 | 0.0000% | +0.0050% | +5.5% | 8h | 03:59 PM UTC |
 Bitget | 311.75 | 312.22 | -0.1514% | 0.0000% | 0.0% | 8h | 03:59 PM UTC |
 Bybit | 312.16 | 312.29 | -0.0416% | 0.0000% | 0.0% | 8h | 03:59 PM UTC |
 Gate | 311.64 | 312.00 | -0.1163% | 0.0000% | 0.0% | 8h | 03:59 PM UTC |
 OKX | 312.16 | 312.47 | -0.0992% | -0.0189% | -20.7% | 8h | 03:59 PM UTC |
 Binance | 312.18 | 312.29 | -0.0348% | -0.0383% | -41.9% | 8h | 03:59 PM UTC |
 LBank | 312.10 | 312.30 | -0.0640% | -0.0383% | -41.9% | 8h | 03:59 PM UTC |
 MEXC | 311.95 | 312.00 | -0.0160% | -0.0385% | -42.2% | 8h | 03:59 PM UTC |
Top pairings for SNOW
| Long | Short | Kind | Funding / 24h | |
|---|---|---|---|---|
| LBank perp 312.10 | Binance perp 312.18 | perp-perp | 0.000% | Open in scanner |
| LBank perp 312.10 | Bybit perp 312.16 | perp-perp | +0.115% | Open in scanner |
| LBank perp 312.10 | MEXC perp 311.95 | perp-perp | -0.001% | Open in scanner |
| LBank perp 312.10 | BingX perp 311.86 | perp-perp | +0.130% | Open in scanner |
| LBank perp 312.10 | Bitget perp 312.35 | perp-perp | +0.115% | Open in scanner |
29 pairings in the scanner
See every pairing live
The scanner ranks every route by net spread through the order book, after both legs’ fees, with alerts to Telegram and a trade journal. The first week is free.
The table shows every exchange where SNOW trades as a perpetual: the rate per settlement, the same rate annualized, the settlement interval and when the next one is. The numbers are the exchanges’ own, read live, not a snapshot from an hour ago.
A positive rate is paid by longs to shorts, a negative one the other way round. The annualized figure assumes the rate stays put for a year, which it never does — it is a way to compare exchanges with different intervals, not a forecast.
The highest and the lowest rate across exchanges are what a funding spread is made of: short where longs pay the most, long where they pay the least, and collect the difference every settlement — minus the cost of entering both legs.
FAQ
What is a funding rate?
A periodic payment between long and short holders of a perpetual that keeps its price near the spot price. Positive: longs pay shorts; negative: shorts pay longs.
How is the annualized rate computed?
The rate per settlement times the number of settlements in a year — 1095 for an 8h interval — in percent. It is a comparison figure, not a forecast.
Why does the rate differ between exchanges?
Each exchange computes its own rate from its own order flow and interval. The differences are what funding arbitrage lives on.