Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
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
LONG523.56−0.0060get 0.0008% / 1h39m 20s$99K$6K—Long AZverse
SHORT523.76−0.0107pay 0.0013% / 1h39m 20s$87K$5K20xShort Phoenix
Price gap+0.038%
Funding gap−0.0047% /8h

The gap pays +$4 on $10k if it goes back to zero (no 7-day history yet), but funding costs $1 a day and eats that in about 2.7 days.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding—−0.0047% /8h now · no funding history yet
Price—spread +0.038% now · no price history on both exchanges yet
Costsno datano order book for AZverse and Phoenix
Result, before costs—no pointsneeds funding history

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.038%
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 39 exchanges

lowest funding first

Before you open

2 ok · 1 to watch
  • Note: Order book unknown—
    No order-book sample for AZverse and Phoenix: its slippage is not counted.
  • Note: Margin at max leverage— + $500
    AZverse —, Phoenix 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: −$1.41Long AZverse: 24 payments, +$1.80; short Phoenix: 24 payments, −$3.21.
  • Note: No 7-day spread history+0.038%
    The gap cannot be compared with its average yet.
  • Watch: Short leg is thinner$87K vs $99K OI
    Phoenix sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • OK: No KYC on either legAZverse No · Phoenix 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 earnedno history yet: current rate−$9.86
Price spread+0.038% → 0+$3.82
Slippage, 4 ordersno data for AZverse and Phoenix—
Fee AZverse bp × 2 orders−$12.00
Fee Phoenix bp × 2 orders−$7.00
Net, fees only · 7 days · $10k−$25.04
Costs to cover0.190%Break-evennever at this rate
Slippage: AZverse: no order-book sample; Phoenix: no order-book sample

Cost to enter

taker + slippage from mid, one side
BUY · LONGAZverse—————
SELL · SHORTPhoenix—————

Closing costs about the same again.
AZverse and Phoenix: no data.

Alert

MSFT news

posts that mention MSFT or Microsoft, from every exchangeSearch all news →
10-23 16:53BackpackOtherEarnings & macro to watch for Oct 26–30 ▸ Macro: Fed decision, GDP, PCE ▸ Tech & AI: $GOOGL $MSFT $AMZN $INTC $SKHY $SNDK $VRT ▸ Crypto & finance: $HOOD $COIN $SOFI $V $MSTR ▸ Healthcare: $LLY $ABBV ▸ Energy: $XOM $CVX Full market calendar → @Backpack on X ↗
10-21 07:41PhemexOtherEarnings season is on. Tesla and Meta report this week. Alphabet, Microsoft, Amazon, Apple and NVIDIA follow through mid-November. 🤑 $200 pool. 20 winners. $10 USDT Bonus each. ✅ Follow @Phemex_official, share your view & Phemex UID below ✅ Post with #EarningsSeason and tag the ticker you’re watching Oct 21 – Oct 30 @Phemex_official on X ↗
10-20 08:33HTXOtherBIG tech earnings week incoming: Oct 21: $TSLA $META Oct 28: $MSFT $GOOGL Oct 29: $AMZN Which one has the BIGGEST move? Trade them 24/7 on @HTXFutures. @HTX_Global on X ↗
10-20 00:30KalshiOtherBREAKING: Microsoft walks away from Nscale's UK data center days before its $3B IPO @Kalshi on X ↗
10-19 18:30ArcusProductLeverage update on Arcus: $SPCX and MAG7 perpetuals - $AAPL, $MSFT, $GOOGL, $AMZN, $NVDA, $META, $TSLA - now support up to 20x leverage (up from 5x and 10x). Live now. @arcus_xyz on X ↗
10-19 00:30OKXOtherTech giants report in the coming weeks. $TSLA $GOOGL $MSFT $META $AAPL $AMZN Trade eligible tokenized stocks anytime or make your earnings picks on Outcomes, where available. @okx on X ↗