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

MSFT

RWAall MSFT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0054%/8h= −5.9% APRnext payment $0.07 per $10,000 · paid last 24h −0.016%
Price spread now: Vest against ApeX Omni+0.078%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVest: Active · farm boardneeds both histories
The price spread pays, funding is against you. Vest is 0.078% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.078% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.8 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni MSFTUSDT501.200.0100pay 0.0013% / 1h3m 37s$160K$7K50x
ShortVest MSFT-USD-PERP501.590.0046get 0.0006% / 1h3m 37s25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
−$11.41
Price spread: +0.078% → 0.000%
$7.78
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Vest: 1 bp × 2 orders
−$2
Net
−$15.63
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, 17 min ago; Vest: 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, 17 min ago18.97 bp24.0 bp −$24104.4 bp −$1,044doesn't fitdoesn't fit
Sell Vest no order-book sample
Vest: 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
Hotstuff MSFT-PERP−0.0048%1h501.40+0.040%$32K$8K20xas long as short
Coinbase International MSFT-PERP-INTX−0.0040%1h501.47+0.054%$690K$433K10xas long as short
BloFin MSFT-USDT−0.0021%8h501.86+0.132%$188K$210K20xas long as short
Aster MSFTUSDT0.0000%8h501.99+0.157%$161K$116K20xas long as short
Extended MSFT_24_5-USD0.0000%1h501.84+0.129%$372K$369K17xas long as short
Binance MSFTUSDT0.0000%8h501.90+0.140%$15.7M$19.3M20xas long as short
Bybit MSFTUSDT0.0000%8h501.89+0.138%$7.4M$1.7M100xas long as short
OKX MSFT-USDT-SWAP0.0000%8h501.78+0.116%$3.0M$2.3M20xas long as short
Gate MSFT_USDT0.0000%8h501.70+0.100%$3.1M$1.5M100xas long as short
Bitget MSFTUSDT0.0000%8h501.84+0.128%$3.8M$2.2M100xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni MSFT0.0000%8h501.88+0.135%$1.3M$710Kas long as short
GRVT MSFT_USDT_Perp0.0000%8h501.76+0.112%$19K$325K10xas long as short
SunX MSFT-USDT0.0000%8h502.68+0.295%$6K$4.4M20xas long as short
Deribit MSFT_USDC-PERPETUAL0.0000%1h501.50+0.060%$27K$104K10xas long as short
HTX MSFT-USDT0.0000%8h501.73+0.106%$59K$230K20xas long as short
Phemex MSFTUSDT0.0000%8h502.00+0.160%$2.2M$768K10xas long as short
Nado MSFT-PERP+0.0005%1h501.39+0.038%$414K$64K20xas long as short
Lighter MSFT+0.0032%1h501.81+0.122%$1.1M$654K20xas long as short
Lighter RH MSFT+0.0032%1h501.67+0.094%$652K$2.2M20xas long as short
Vest MSFT-USD-PERPshort+0.0046%1h501.59+0.078%25x
tradeXYZ xyz:MSFT+0.0050%1h501.40+0.040%$22.2M$10.0M20xas long as short
Polymarket Perps MSFT-USD+0.0050%1h501.39+0.038%$309K$683K10xas long as short
SoDEX MSFT-USD+0.0050%1h501.79+0.118%$60K$3K10xas long as short
Ondo Perps MSFT-USD.P+0.0050%1h501.42+0.044%$521K$494K15xas long as short
QFEX MSFT-USD+0.0050%1h501.83+0.126%$1.2M$5.7M10xas long as short
Paradex MSFT-USD-PERP+0.0053%8h501.73+0.106%$2215xas long as short
Phoenix MSFT+0.0096%1h501.60+0.080%$10K$15K20xas long as short
KuCoin MSFTUSDTM+0.0100%8h501.19−0.002%$1.5M$19K20xas long as short
ApeX Omni MSFTUSDTlong+0.0100%1h501.20long leg$160K$7K50x
Orderly PERP_MSFT_USDC_mythos+0.0100%8h501.78+0.116%$8K10xas long as short
Aevo MSFT-PERP+0.0104%1h501.83+0.127%$5510xas long as short
Injective MSFT/USDC PERP+0.0220%1h503.08+0.375%$115K$45K30xas long as short
Arcus MSFT-USD+0.0531%1h501.70+0.100%$109K$90K10xas long as short
edgeX MSFTUSDC+0.0995%4h501.87+0.133%$102K$243K10xas long as short