Settings8H · net · $10k
Funding arb · Price arb /

MSFT

RWAall MSFT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Aevo against ApeX Omni+0.011%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni MSFTUSDT501.200.0100pay 0.0013% / 1h52m 59s$160K$7K50x
ShortAevo MSFT-PERP501.250.0104get 0.0013% / 1h52m 59s$5510x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against ApeX Omni. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0.84
Price spread: +0.011% → 0.000%
$1.06
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$24.1
Costs to cover
0.260%
Break-even
207.8 days
Slippage unknown: ApeX Omni: live order book, 63 min ago; Aevo: 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
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 63 min ago5.09 bp10.1 bp −$1068.3 bp −$683doesn't fitdoesn't fit
Sell Aevo no order-book sample
Aevo: 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.

MSFT on 34 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX MSFTUSDC−0.0270%4h501.26+0.011%$102K$243K10xas long as short
Nado MSFT-PERP−0.0126%1h501.24+0.008%$414K$64K20xas long as short
tradeXYZ xyz:MSFT−0.0038%1h500.90−0.060%$22.1M$8.7M20xas long as short
Coinbase International MSFT-PERP-INTX−0.0032%1h500.97−0.046%$677K$450K10xas long as short
Aster MSFTUSDT0.0000%8h501.21+0.003%$161K$116K20xas long as short
Extended MSFT_24_5-USD0.0000%1h501.22+0.005%$337K$883K17xas long as short
Binance MSFTUSDT0.0000%8h501.36+0.032%$15.8M$19.0M20xas long as short
Bybit MSFTUSDT0.0000%8h501.06−0.028%$7.2M$2.2M100xas long as short
OKX MSFT-USDT-SWAP0.0000%8h501.32+0.024%$3.0M$2.3M20xas long as short
Gate MSFT_USDT0.0000%8h501.200.000%$3.1M$1.7M100xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget MSFTUSDT0.0000%8h501.25+0.010%$4.5M$2.5M100xas long as short
Variational Omni MSFT0.0000%8h501.25+0.009%$1.3M$607Kas long as short
GRVT MSFT_USDT_Perp0.0000%8h501.30+0.019%$19K$300K10xas long as short
SunX MSFT-USDT0.0000%8h502.13+0.186%$6K$4.0M20xas long as short
Deribit MSFT_USDC-PERPETUAL0.0000%1h501.04−0.032%$27K$42K10xas long as short
HTX MSFT-USDT0.0000%8h501.19−0.002%$59K$225K20xas long as short
Phemex MSFTUSDT0.0000%8h501.43+0.046%$2.2M$770K10xas long as short
BloFin MSFT-USDT+0.0022%8h501.32+0.024%$189K$204K20xas long as short
Hotstuff MSFT-PERP+0.0024%1h500.93−0.054%$32K$8K20xas long as short
Lighter MSFT+0.0032%1h501.35+0.030%$1.1M$498K20xas long as short
Lighter RH MSFT+0.0032%1h501.09−0.022%$678K$2.0M20xas long as short
QFEX MSFT-USD+0.0035%1h501.24+0.008%$1.1M$4.9M10xas long as short
Arcus MSFT-USD+0.0040%1h501.04−0.032%$96K$111K10xas long as short
Vest MSFT-USD-PERP+0.0046%1h501.35+0.030%$1K25xas long as short
Phoenix MSFT+0.0048%1h501.06−0.028%$10K$15K20xas long as short
Polymarket Perps MSFT-USD+0.0050%1h500.97−0.046%$302K$697K10xas long as short
SoDEX MSFT-USD+0.0050%1h501.200.000%$60K$3K10xas long as short
Ondo Perps MSFT-USD.P+0.0050%1h500.94−0.052%$518K$452K15xas long as short
Paradex MSFT-USD-PERP+0.0054%8h501.29+0.019%$2215xas long as short
KuCoin MSFTUSDTM+0.0100%8h500.77−0.086%$1.6M$48K20xas long as short
ApeX Omni MSFTUSDTlong+0.0100%1h501.20long leg$160K$7K50x
Orderly PERP_MSFT_USDC_mythos+0.0100%8h501.19−0.002%$8K10xas long as short
Aevo MSFT-PERPshort+0.0104%1h501.25+0.011%$5510x
Injective MSFT/USDC PERP+0.0220%1h501.54+0.068%$115K$45K30xas long as short