MSFT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%

Price spread now: KuCoin against Aster−0.036%7-day average −0.092% · you buy dearer than you sell

Net, funding: paid 7d − costs−$271as in the Funding arb table

Net, price: spread back to 7d avg − costs−$282as in the Price arb table

costs, in and out, $10k−$2872.872% of the position

Long on Aster Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.160%+$16 on $10k

Price spread, last 4 days (all we have)−0.061%−$6 · spread now −0.036%, 7d avg −0.092%

Together, before fees+0.099%+ Points / potential airdropAster: Stage 5 · farm board+$10 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.056% dearer against Aster than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.092%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster MSFTUSDT	501.46	0	get 0.0000% / 8h	7h 06m	$161K	$116K	20x
Short	KuCoin MSFTUSDTM	501.28	0.0100	get 0.0100% / 8h	7h 06m	$1.5M	$19K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Aster. 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

Position, each leg$Hold fordaysFee AsterbpFee KuCoinbpOrdersPrice spread, now −0.036%Rate

Funding earned: $21
Price spread: −0.036% → −0.092%: $5.6
Slippage, 4 orders: −$267.22
Fee Aster: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$260.62
Costs to cover: 2.872%
Break-even: 93.9 days

Slippage from Aster: live order book, 65 min ago; KuCoin: 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, 65 min ago	11.45 bp	23.1 bp −$23	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 4 min ago	9.28 bp	139.9 bp −$140	doesn't fit	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
edgeX MSFTUSDC	−0.0619%	4h	501.32	−0.028%	$102K	$242K	10x	as long as short
Coinbase International MSFT-PERP-INTX	−0.0008%	1h	501.03	−0.086%	$685K	$454K	10x	as long as short
Aster MSFTUSDTlong	0.0000%	8h	501.46	long leg	$161K	$116K	20x
Extended MSFT_24_5-USD	0.0000%	1h	501.30	−0.033%	$342K	$905K	17x	as long as short
Binance MSFTUSDT	0.0000%	8h	501.42	−0.008%	$15.6M	$18.7M	20x	as long as short
Bybit MSFTUSDT	0.0000%	8h	501.24	−0.044%	$7.4M	$1.6M	100x	as long as short
OKX MSFT-USDT-SWAP	0.0000%	8h	501.51	+0.010%	$3.0M	$2.3M	20x	as long as short
Gate MSFT_USDT	0.0000%	8h	501.29	−0.034%	$3.1M	$1.7M	100x	as long as short
Bitget MSFTUSDT	0.0000%	8h	501.42	−0.008%	$3.8M	$2.1M	100x	as long as short
Variational Omni MSFT	0.0000%	8h	501.37	−0.018%	$1.3M	$690K	—	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT MSFT_USDT_Perp	0.0000%	8h	501.41	−0.009%	$19K	$293K	10x	as long as short
SunX MSFT-USDT	0.0000%	8h	502.19	+0.146%	$6K	$4.1M	20x	as long as short
Deribit MSFT_USDC-PERPETUAL	0.0000%	1h	501.11	−0.070%	$27K	$41K	10x	as long as short
HTX MSFT-USDT	0.0000%	8h	501.38	−0.016%	$58K	$227K	20x	as long as short
Phemex MSFTUSDT	0.0000%	8h	501.74	+0.056%	$2.2M	$760K	10x	as long as short
Nado MSFT-PERP	+0.0011%	1h	501.19	−0.055%	$414K	$64K	20x	as long as short
BloFin MSFT-USDT	+0.0020%	8h	501.42	−0.008%	$188K	$205K	20x	as long as short
Lighter RH MSFT	+0.0032%	1h	501.26	−0.040%	$617K	$2.0M	20x	as long as short
QFEX MSFT-USD	+0.0044%	1h	501.39	−0.014%	$1.1M	$5.8M	10x	as long as short
Vest MSFT-USD-PERP	+0.0046%	1h	501.30	−0.032%	—	$1K	25x	as long as short
tradeXYZ xyz:MSFT	+0.0050%	1h	500.97	−0.098%	$22.1M	$9.2M	20x	as long as short
Polymarket Perps MSFT-USD	+0.0050%	1h	501.04	−0.084%	$303K	$672K	10x	as long as short
SoDEX MSFT-USD	+0.0050%	1h	501.35	−0.022%	$60K	$3K	10x	as long as short
Ondo Perps MSFT-USD.P	+0.0050%	1h	500.92	−0.108%	$514K	$503K	15x	as long as short
Paradex MSFT-USD-PERP	+0.0051%	8h	501.34	−0.025%	$221	—	5x	as long as short
Phoenix MSFT	+0.0080%	1h	501.07	−0.078%	$10K	$15K	20x	as long as short
KuCoin MSFTUSDTMshort	+0.0100%	8h	501.28	−0.036%	$1.5M	$19K	20x
ApeX Omni MSFTUSDT	+0.0100%	1h	500.87	−0.118%	$159K	$7K	50x	as long as short
Orderly PERP_MSFT_USDC_mythos	+0.0100%	8h	501.28	−0.036%	$8K	—	10x	as long as short
Aevo MSFT-PERP	+0.0104%	1h	501.26	−0.040%	$55	—	10x	as long as short
Lighter MSFT	+0.0112%	1h	501.53	+0.014%	$1.1M	$486K	20x	as long as short
Hotstuff MSFT-PERP	+0.0176%	1h	500.99	−0.094%	$32K	$8K	20x	as long as short
Arcus MSFT-USD	+0.0212%	1h	501.23	−0.046%	$97K	$109K	10x	as long as short
Injective MSFT/USDC PERP	+0.0220%	1h	501.76	+0.060%	$115K	$45K	30x	as long as short