MSFT

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	AvantisMSFT/USD	514.36	L +0.0050S −0.0050	pay 0.0006% / 1h	42m 31s	$60K	—	25x	Long Avantis
SHORT	Lighter RHMSFT	514.84	+0.0032	get 0.0004% / 1h	42m 31s	$1.4M	$3.0M	20x	Short Lighter RH

Price gap+0.093%

Funding gap−0.0018% /8h

The gap pays +$9 on $10k if it goes back to zero (no 7-day history yet), but funding costs $1 a day and eats that in about 17 days.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$1−0.0018% /8h now · paid +0.014% over the last 7D

Price—spread +0.093% now · no price history on both exchanges yet

Costsno datano order book for Avantis

Result, before costs—+ Points / potential airdropAvantis: Season 3 · Lighter RH: Points live · farm boardneeds both price histories

Price and funding

1h · history

Price spread

Prices

Fundingper 8h

PRICE SPREAD · 7D

Now+0.093%

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

/8h

MSFT on 35 exchanges

lowest funding first

Before you open

3 ok · 1 to watch

Note: Order book unknown—
No order-book sample for Avantis: its slippage is not counted.
Note: Margin at max leverage$400 + $500
Avantis 25x, Lighter RH 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval1h / 1h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: −$0.54Long Avantis: 24 payments, −$1.50; short Lighter RH: 24 payments, +$0.96.
Note: No 7-day spread history+0.093%
The gap cannot be compared with its average yet.
Watch: Long leg is thinner$60K vs $1.4M OI
Avantis sets your exit cost. Check its book before closing.
OK: Points on a legAvantis Season 3 · Lighter RH Points live
Volume here counts toward the points program.
OK: No KYC on either legAvantis No · Lighter RH No
Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0007%/8h × 21 periods+$1.44

Price spread+0.093% → 0+$9.33

Slippage, 4 ordersno data for Avantis—

Fee Avantis bp × 2 orders−$9.00

Fee Lighter RH bp × 2 orders$0.00

Net, fees only · 7 days · $10k+$1.77

Costs to cover0.090%Break-evenfrom the start

Slippage: Avantis: no order-book sample; Lighter RH: live order book, 2 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGAvantis—————

SELL · SHORTLighter RH1.652.2 bp−$22.8 bp−$2839.3 bp−$3,930doesn’t fit

Closing costs about the same again.
Avantis: no data.

MSFT news

posts that mention MSFT or Microsoft, from every exchangeSearch all news →

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 ↗
09-25 15:01	Vest Markets	Other	Trade $MSFT volatility with a Vest Capital funded account and access up to $25k in trading capital at: @VestExchange on X ↗
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 ↗