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
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni MSFTUSDT | 501.20 | 0.0100 | pay 0.0013% / 1h | 3m 37s | $160K | $7K | 50x |
| Short | Vest MSFT-USD-PERP | 501.59 | 0.0046 | get 0.0006% / 1h | 3m 37s | — | — | 25x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy ApeX Omni live order book, 17 min ago | 18.97 bp | 24.0 bp −$24 | 104.4 bp −$1,044 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff MSFT-PERP | −0.0048% | 1h | 501.40 | +0.040% | $32K | $8K | 20x | as long as short |
| Coinbase International MSFT-PERP-INTX | −0.0040% | 1h | 501.47 | +0.054% | $690K | $433K | 10x | as long as short |
| BloFin MSFT-USDT | −0.0021% | 8h | 501.86 | +0.132% | $188K | $210K | 20x | as long as short |
| Aster MSFTUSDT | 0.0000% | 8h | 501.99 | +0.157% | $161K | $116K | 20x | as long as short |
| Extended MSFT_24_5-USD | 0.0000% | 1h | 501.84 | +0.129% | $372K | $369K | 17x | as long as short |
| Binance MSFTUSDT | 0.0000% | 8h | 501.90 | +0.140% | $15.7M | $19.3M | 20x | as long as short |
| Bybit MSFTUSDT | 0.0000% | 8h | 501.89 | +0.138% | $7.4M | $1.7M | 100x | as long as short |
| OKX MSFT-USDT-SWAP | 0.0000% | 8h | 501.78 | +0.116% | $3.0M | $2.3M | 20x | as long as short |
| Gate MSFT_USDT | 0.0000% | 8h | 501.70 | +0.100% | $3.1M | $1.5M | 100x | as long as short |
| Bitget MSFTUSDT | 0.0000% | 8h | 501.84 | +0.128% | $3.8M | $2.2M | 100x | as long as short |
Show all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni MSFT | 0.0000% | 8h | 501.88 | +0.135% | $1.3M | $710K | — | as long as short |
| GRVT MSFT_USDT_Perp | 0.0000% | 8h | 501.76 | +0.112% | $19K | $325K | 10x | as long as short |
| SunX MSFT-USDT | 0.0000% | 8h | 502.68 | +0.295% | $6K | $4.4M | 20x | as long as short |
| Deribit MSFT_USDC-PERPETUAL | 0.0000% | 1h | 501.50 | +0.060% | $27K | $104K | 10x | as long as short |
| HTX MSFT-USDT | 0.0000% | 8h | 501.73 | +0.106% | $59K | $230K | 20x | as long as short |
| Phemex MSFTUSDT | 0.0000% | 8h | 502.00 | +0.160% | $2.2M | $768K | 10x | as long as short |
| Nado MSFT-PERP | +0.0005% | 1h | 501.39 | +0.038% | $414K | $64K | 20x | as long as short |
| Lighter MSFT | +0.0032% | 1h | 501.81 | +0.122% | $1.1M | $654K | 20x | as long as short |
| Lighter RH MSFT | +0.0032% | 1h | 501.67 | +0.094% | $652K | $2.2M | 20x | as long as short |
| Vest MSFT-USD-PERPshort | +0.0046% | 1h | 501.59 | +0.078% | — | — | 25x | |
| tradeXYZ xyz:MSFT | +0.0050% | 1h | 501.40 | +0.040% | $22.2M | $10.0M | 20x | as long as short |
| Polymarket Perps MSFT-USD | +0.0050% | 1h | 501.39 | +0.038% | $309K | $683K | 10x | as long as short |
| SoDEX MSFT-USD | +0.0050% | 1h | 501.79 | +0.118% | $60K | $3K | 10x | as long as short |
| Ondo Perps MSFT-USD.P | +0.0050% | 1h | 501.42 | +0.044% | $521K | $494K | 15x | as long as short |
| QFEX MSFT-USD | +0.0050% | 1h | 501.83 | +0.126% | $1.2M | $5.7M | 10x | as long as short |
| Paradex MSFT-USD-PERP | +0.0053% | 8h | 501.73 | +0.106% | $221 | — | 5x | as long as short |
| Phoenix MSFT | +0.0096% | 1h | 501.60 | +0.080% | $10K | $15K | 20x | as long as short |
| KuCoin MSFTUSDTM | +0.0100% | 8h | 501.19 | −0.002% | $1.5M | $19K | 20x | as long as short |
| ApeX Omni MSFTUSDTlong | +0.0100% | 1h | 501.20 | long leg | $160K | $7K | 50x | |
| Orderly PERP_MSFT_USDC_mythos | +0.0100% | 8h | 501.78 | +0.116% | $8K | — | 10x | as long as short |
| Aevo MSFT-PERP | +0.0104% | 1h | 501.83 | +0.127% | $55 | — | 10x | as long as short |
| Injective MSFT/USDC PERP | +0.0220% | 1h | 503.08 | +0.375% | $115K | $45K | 30x | as long as short |
| Arcus MSFT-USD | +0.0531% | 1h | 501.70 | +0.100% | $109K | $90K | 10x | as long as short |
| edgeX MSFTUSDC | +0.0995% | 4h | 501.87 | +0.133% | $102K | $243K | 10x | as long as short |
ApeX Omni MSFTUSDT
Coinbase International MSFT-PERP-INTX
BloFin MSFT-USDT
Aster MSFTUSDT
Extended MSFT_24_5-USD
Binance MSFTUSDT
Bybit MSFTUSDT
OKX MSFT-USDT-SWAP
Gate MSFT_USDT
Bitget MSFTUSDT
Variational Omni MSFT
GRVT MSFT_USDT_Perp
SunX MSFT-USDT
Deribit MSFT_USDC-PERPETUAL
HTX MSFT-USDT
Phemex MSFTUSDT
Lighter MSFT
Lighter RH MSFT
tradeXYZ xyz:MSFT
Polymarket Perps MSFT-USD
SoDEX MSFT-USD
Paradex MSFT-USD-PERP
Phoenix MSFT
KuCoin MSFTUSDTM
Injective MSFT/USDC PERP
edgeX MSFTUSDC