Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 514.36 | L +0.0050S −0.0050 | pay 0.0006% / 1h | 43m 33s | $60K | — | 25x | Long Avantis | |
| SHORT | 515.21 | −0.0050 | pay 0.0050% / 8h | 6h 43m | $995K | $1.9M | — | Short BingX |
Price gap+0.165%
Funding gap−0.0100% /8h
The gap pays +$17 on $10k if it goes back to zero (no 7-day history yet), but funding costs $3 a day and eats that in about 5.5 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$16−0.0100% /8h now · paid −0.159% over the last 7D
Price—spread +0.165% now · no price history on both exchanges yet
Costsno datano order book for Avantis
Result, before costs—+ Points / potential airdropAvantis: Season 3 · farm boardneeds both price histories
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now+0.165%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hMSFT on 35 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- Note: Order book unknown—No order-book sample for Avantis: its slippage is not counted.
- Note: Margin at max leverage$400 + —Avantis 25x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$3.00Long Avantis: 24 payments, −$1.50; short BingX: 3 payments, −$1.50.
- Note: No 7-day spread history+0.165%The gap cannot be compared with its average yet.
- Watch: Long leg is thinner$60K vs $995K OIAvantis sets your exit cost. Check its book before closing.
- OK: Points on a legAvantis Season 3Volume here counts toward the points program.
- Watch: KYCAvantis No · BingX YesAdvanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0076%/8h × 21 periods−$15.90
Price spread+0.165% → 0+$16.53
Slippage, 4 ordersno data for Avantis—
Fee Avantis bp × 2 orders−$9.00
Fee BingX bp × 2 orders−$10.00
Net, fees only · 7 days · $10k−$18.38
Costs to cover0.190%Break-evennever at this rate
Slippage: Avantis: no order-book sample; BingX: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAvantis—————
SELL · SHORTBingX0.105.1 bp−$57.4 bp−$7416.6 bp−$1,66179.9 bp−$39.9K
Closing costs about the same again.
Avantis: no data.
| 09-30 18:40 | Hotstuff | Listing | MSFT-PERP no longer reported ($MSFT) seen by our collector |
| 09-29 10:22 | BingX | Other | Microsoft’s AI push is giving $MSFT a lift 👀 A Copilot overhaul and plans to monetize AI agents are fueling the move. What’s behind the rally? Get the breakdown👇 @BingXOfficial on X ↗ |
| 09-26 10:40 | Kalshi | Other | JUST IN: Microsoft CEO says the "biggest issue" with AI now is whether people "trust it," not whether it works @Kalshi on X ↗ |
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| 09-25 15:01 | Vest Markets | Other | $MSFT is up around 3.6% today, with Microsoft revamping Copilot to add coding and always-on agent tools. The update bundles Code, Cowork and an Autopilot agent into one app with Word, Excel and PowerPoint embedded, priced by usage rather than a $30 monthly add-on. Fewer than 7% of Microsoft's more than 450 million commercial Office 365 seats carry the Copilot add-on. @VestExchange on X ↗ |
| 09-23 06:40 | Kalshi | Other | JUST IN: Microsoft to give Pentagon's DARPA hands-on access to its new quantum system @Kalshi on X ↗ |


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