Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.003%
Price spread now: Extended against Aster+0.017%7-day average −0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$570.567% of the position
Funding, last 7 days−0.011%−$1 on $10k
+Price spread, last 4 days (all we have)−0.082%−$8 · spread now +0.017%, 7d avg −0.034%
=Together, before fees−0.094%+ Points / potential airdropAster: Stage 5 · Extended: Active · farm board−$9 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.051% dearer against Aster than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.034%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster MSFTUSDT | 503.37 | 0 | get 0.0000% / 8h | 44m 31s | $162K | $114K | 20x |
| Short | Extended MSFT_24_5-USD | 503.45 | 0 | get 0.0000% / 1h | 44m 31s | $338K | $1.9M | 17x |
Aster MSFTUSDT
Extended MSFT_24_5-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Aster. 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
- $0
- Price spread: +0.017% → −0.034%
- $5.1
- Slippage, 4 orders
- −$43.65
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$51.55
- Costs to cover
- 0.567%
- Break-even
- never at this rate
Slippage from Aster: live order book, 57 min ago; Extended: live order book, 4 min ago.
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 Aster live order book, 57 min ago | 9.72 bp | 21.7 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 4 min ago | 0.30 bp | 5.4 bp −$5 | 34.7 bp −$347 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Nado MSFT-PERP | −0.0034% | 1h | 503.50 | +0.027% | $414K | $67K | 20x | as long as short |
| Aster MSFTUSDTlong | 0.0000% | 8h | 503.37 | long leg | $162K | $114K | 20x | |
| Extended MSFT_24_5-USDshort | 0.0000% | 1h | 503.45 | +0.017% | $338K | $1.9M | 17x | |
| Binance MSFTUSDT | 0.0000% | 8h | 503.58 | +0.041% | $15.8M | $19.1M | 20x | as long as short |
| Bybit MSFTUSDT | 0.0000% | 8h | 503.44 | +0.014% | $7.3M | $2.2M | 100x | as long as short |
| OKX MSFT-USDT-SWAP | 0.0000% | 8h | 503.73 | +0.071% | $3.0M | $2.4M | 20x | as long as short |
| Gate MSFT_USDT | 0.0000% | 8h | 503.32 | −0.010% | $3.1M | $1.8M | 100x | as long as short |
| Bitget MSFTUSDT | 0.0000% | 8h | 503.60 | +0.046% | $3.8M | $2.9M | 100x | as long as short |
| Variational Omni MSFT | 0.0000% | 8h | 503.40 | +0.005% | $1.3M | $414K | — | as long as short |
| GRVT MSFT_USDT_Perp | 0.0000% | 8h | 503.52 | +0.029% | $18K | $325K | 10x | as long as short |
Nado MSFT-PERP
Binance MSFTUSDT
Bybit MSFTUSDT
OKX MSFT-USDT-SWAP
Gate MSFT_USDT
Bitget MSFTUSDT
Variational Omni MSFT
GRVT MSFT_USDT_PerpShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX MSFT-USDT | 0.0000% | 8h | 504.36 | +0.197% | $6K | $3.8M | 20x | as long as short |
| Deribit MSFT_USDC-PERPETUAL | 0.0000% | 1h | 503.45 | +0.016% | $27K | $44K | 10x | as long as short |
| Coinbase International MSFT-PERP-INTX | 0.0000% | 1h | 502.97 | −0.080% | $682K | $454K | 10x | as long as short |
| HTX MSFT-USDT | 0.0000% | 8h | 503.46 | +0.018% | $59K | $226K | 20x | as long as short |
| Phemex MSFTUSDT | 0.0000% | 8h | 503.75 | +0.075% | $2.2M | $821K | 10x | as long as short |
| BloFin MSFT-USDT | +0.0013% | 8h | 503.55 | +0.036% | $191K | $206K | 20x | as long as short |
| Lighter MSFT | +0.0032% | 1h | 503.55 | +0.036% | $1.2M | $522K | 20x | as long as short |
| Lighter RH MSFT | +0.0032% | 1h | 503.38 | +0.002% | $698K | $1.9M | 20x | as long as short |
| QFEX MSFT-USD | +0.0037% | 1h | 503.48 | +0.022% | $1.2M | $4.7M | 10x | as long as short |
| Arcus MSFT-USD | +0.0040% | 1h | 503.27 | −0.020% | $97K | $110K | 10x | as long as short |
| Vest MSFT-USD-PERP | +0.0046% | 1h | 503.65 | +0.056% | — | $1K | 25x | as long as short |
| tradeXYZ xyz:MSFT | +0.0050% | 1h | 503.12 | −0.050% | $22.4M | $8.8M | 20x | as long as short |
| Polymarket Perps MSFT-USD | +0.0050% | 1h | 503.23 | −0.028% | $303K | $717K | 10x | as long as short |
| SoDEX MSFT-USD | +0.0050% | 1h | 503.38 | +0.002% | $60K | $3K | 10x | as long as short |
| Ondo Perps MSFT-USD.P | +0.0050% | 1h | 503.06 | −0.062% | $512K | $428K | 15x | as long as short |
| Paradex MSFT-USD-PERP | +0.0054% | 8h | 503.48 | +0.022% | $222 | — | 5x | as long as short |
| Phoenix MSFT | +0.0064% | 1h | 503.31 | −0.012% | $11K | $15K | 20x | as long as short |
| Hotstuff MSFT-PERP | +0.0096% | 1h | 503.13 | −0.048% | $32K | $8K | 20x | as long as short |
| KuCoin MSFTUSDTM | +0.0100% | 8h | 502.99 | −0.076% | $1.6M | $62K | 20x | as long as short |
| ApeX Omni MSFTUSDT | +0.0100% | 1h | 503.11 | −0.052% | $160K | $7K | 50x | as long as short |
| Orderly PERP_MSFT_USDC_mythos | +0.0100% | 8h | 503.43 | +0.012% | $8K | — | 10x | as long as short |
| Aevo MSFT-PERP | +0.0104% | 1h | 503.41 | +0.007% | $55 | — | 10x | as long as short |
| Injective MSFT/USDC PERP | +0.0220% | 1h | 504.82 | +0.288% | $116K | $45K | 30x | as long as short |
| edgeX MSFTUSDC | +0.0666% | 4h | 503.46 | +0.018% | $102K | $244K | 10x | as long as short |
SunX MSFT-USDT
Deribit MSFT_USDC-PERPETUAL
Coinbase International MSFT-PERP-INTX
HTX MSFT-USDT
Phemex MSFTUSDT
BloFin MSFT-USDT
Lighter MSFT
Lighter RH MSFT
QFEX MSFT-USD
Arcus MSFT-USD
Vest MSFT-USD-PERP
tradeXYZ xyz:MSFT
Polymarket Perps MSFT-USD
SoDEX MSFT-USD
Ondo Perps MSFT-USD.P
Paradex MSFT-USD-PERP
Phoenix MSFT
Hotstuff MSFT-PERP
KuCoin MSFTUSDTM
ApeX Omni MSFTUSDT
Orderly PERP_MSFT_USDC_mythos
Aevo MSFT-PERP
Injective MSFT/USDC PERP
edgeX MSFTUSDC