Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG509.04L +0.0050S −0.0050pay 0.0006% / 1h42m 27s$60K—25xLong Avantis
SHORT510.2400.0000% / 8h3h 42m$5K$729K20xShort SunX≤10% back
Price gap+0.236%
Funding gap−0.0050% /8h

The gap pays +$24 on $10k if it goes back to zero (no 7-day history yet), but funding costs $1 a day and eats that in about 16 days.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$6−0.0050% /8h now · paid −0.056% over the last 7D
Price—spread +0.236% 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 · loading 5m…
PRICE SPREAD · 7D
Now+0.236%
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

2 ok · 2 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, SunX 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ1h / 8h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: −$1.50Long Avantis: 24 payments, −$1.50; short SunX: 3 payments, $0.00.
  • Note: No 7-day spread history+0.236%
    The gap cannot be compared with its average yet.
  • Watch: Short leg is thinner$5K vs $60K OI
    SunX sets your exit cost. Check its book before closing.
  • OK: Points on a legAvantis Season 3
    Volume here counts toward the points program.
  • OK: No KYC on either legAvantis No · SunX 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−0.0027%/8h × 21 periods−$5.64
Price spread+0.236% → 0+$23.56
Slippage, 4 ordersno data for Avantis—
Fee Avantis bp × 2 orders−$9.00
Fee SunX bp × 2 orders−$8.00
Net, fees only · 7 days · $10k+$0.93
Costs to cover0.170%Break-evenfrom the start
Slippage: Avantis: no order-book sample; SunX: live order book, 24 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGAvantis—————
SELL · SHORTSunX29.14105.0 bp−$105doesn’t fitdoesn’t fitdoesn’t fit

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

Alert

MSFT news

posts that mention MSFT or Microsoft, from every exchangeSearch all news →
09-29 10:22BingXOtherMicrosoft’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 10:40KalshiOtherJUST IN: Microsoft CEO says the "biggest issue" with AI now is whether people "trust it," not whether it works @Kalshi on X ↗
09-25 15:01Vest MarketsOtherTrade $MSFT volatility with a Vest Capital funded account and access up to $25k in trading capital at: @VestExchange on X ↗
09-25 15:01Vest MarketsOther$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 06:40KalshiOtherJUST IN: Microsoft to give Pentagon's DARPA hands-on access to its new quantum system @Kalshi on X ↗
09-22 15:22Coinbase InternationalProductWe partnered with Microsoft to disrupt EvilTokens, an AI-powered cybercrime platform. Our team joined a global effort to dismantle its operations - investigating infrastructure, taking down domains, and helping police arrest its operators. Say goodbye to another major cybercrime operation. @coinbase on X ↗