Funding you earn now, next payment 22:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h +0.031%
Price spread now: Aevo against Bitget−0.012%52s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget MSFTUSDT | 501.71 | 0 | get 0.0000% / 8h | 2h 35m | $3.8M | $2.2M | 100x |
| Short | Aevo MSFT-PERP | 501.65 | 0.0104 | get 0.0013% / 1h | 35m 30s | $55 | — | 10x |
Bitget MSFTUSDT
Aevo MSFT-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Bitget. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $21.84
- Price spread: −0.012% → 0.000%
- −$1.18
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$7.34
- Costs to cover
- 0.280%
- Break-even
- 9.4 days
Slippage unknown: Bitget: live order book, 2 min ago; Aevo: no order-book sample. Net counts fees only.
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 Bitget live order book, 2 min ago | 1.20 bp | 8.7 bp −$9 | 11.4 bp −$114 | 39.4 bp −$3,936 | doesn't fit |
| Sell Aevo no order-book sample | — | — | — | — | — |
Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0982% | 4h | 501.67 | −0.009% | $102K | $243K | 10x | as long as short |
| Nado MSFT-PERP | −0.0045% | 1h | 501.46 | −0.049% | $414K | $64K | 20x | as long as short |
| Coinbase International MSFT-PERP-INTX | −0.0040% | 1h | 501.71 | 0.000% | $689K | $431K | 10x | as long as short |
| BloFin MSFT-USDT | −0.0012% | 8h | 501.78 | +0.014% | $189K | $209K | 20x | as long as short |
| Aster MSFTUSDT | 0.0000% | 8h | 502.01 | +0.060% | $161K | $116K | 20x | as long as short |
| Extended MSFT_24_5-USD | 0.0000% | 1h | 501.64 | −0.014% | $372K | $369K | 17x | as long as short |
| Binance MSFTUSDT | 0.0000% | 8h | 501.70 | −0.002% | $15.7M | $19.2M | 20x | as long as short |
| Bybit MSFTUSDT | 0.0000% | 8h | 501.72 | +0.002% | $7.4M | $1.7M | 100x | as long as short |
| OKX MSFT-USDT-SWAP | 0.0000% | 8h | 501.68 | −0.006% | $3.0M | $2.3M | 20x | as long as short |
| Gate MSFT_USDT | 0.0000% | 8h | 501.34 | −0.074% | $3.1M | $1.5M | 100x | as long as short |
edgeX MSFTUSDC
Nado MSFT-PERP
Coinbase International MSFT-PERP-INTX
BloFin MSFT-USDT
Aster MSFTUSDT
Extended MSFT_24_5-USD
Binance MSFTUSDT
Bybit MSFTUSDT
OKX MSFT-USDT-SWAP
Gate MSFT_USDTShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget MSFTUSDTlong | 0.0000% | 8h | 501.71 | long leg | $3.8M | $2.2M | 100x | |
| Variational Omni MSFT | 0.0000% | 8h | 501.70 | −0.001% | $1.3M | $724K | — | as long as short |
| GRVT MSFT_USDT_Perp | 0.0000% | 8h | 501.60 | −0.022% | $18K | $330K | 10x | as long as short |
| SunX MSFT-USDT | 0.0000% | 8h | 502.40 | +0.138% | $6K | $4.4M | 20x | as long as short |
| Deribit MSFT_USDC-PERPETUAL | 0.0000% | 1h | 501.61 | −0.020% | $27K | $104K | 10x | as long as short |
| HTX MSFT-USDT | 0.0000% | 8h | 501.46 | −0.050% | $59K | $230K | 20x | as long as short |
| Phemex MSFTUSDT | 0.0000% | 8h | 501.83 | +0.024% | $2.2M | $758K | 10x | as long as short |
| Hotstuff MSFT-PERP | +0.0024% | 1h | 501.40 | −0.062% | $32K | $8K | 20x | as long as short |
| Lighter MSFT | +0.0032% | 1h | 501.66 | −0.010% | $1.1M | $653K | 20x | as long as short |
| Lighter RH MSFT | +0.0032% | 1h | 501.56 | −0.030% | $665K | $2.2M | 20x | as long as short |
| Vest MSFT-USD-PERP | +0.0046% | 1h | 501.65 | −0.012% | — | — | 25x | as long as short |
| tradeXYZ xyz:MSFT | +0.0050% | 1h | 501.35 | −0.072% | $22.2M | $9.9M | 20x | as long as short |
| Polymarket Perps MSFT-USD | +0.0050% | 1h | 501.20 | −0.102% | $304K | $672K | 10x | as long as short |
| SoDEX MSFT-USD | +0.0050% | 1h | 501.64 | −0.014% | $60K | $3K | 10x | as long as short |
| Paradex MSFT-USD-PERP | +0.0050% | 8h | 501.62 | −0.019% | $221 | — | 5x | as long as short |
| Ondo Perps MSFT-USD.P | +0.0050% | 1h | 501.25 | −0.092% | $515K | $479K | 15x | as long as short |
| QFEX MSFT-USD | +0.0050% | 1h | 501.69 | −0.004% | $1.2M | $5.7M | 10x | as long as short |
| Phoenix MSFT | +0.0096% | 1h | 501.42 | −0.058% | $10K | $15K | 20x | as long as short |
| KuCoin MSFTUSDTM | +0.0100% | 8h | 501.52 | −0.038% | $1.5M | $19K | 20x | as long as short |
| ApeX Omni MSFTUSDT | +0.0100% | 1h | 501.25 | −0.092% | $160K | $7K | 50x | as long as short |
| Orderly PERP_MSFT_USDC_mythos | +0.0100% | 8h | 501.64 | −0.014% | $8K | — | 10x | as long as short |
| Aevo MSFT-PERPshort | +0.0104% | 1h | 501.65 | −0.012% | $55 | — | 10x | |
| Injective MSFT/USDC PERP | +0.0220% | 1h | 501.96 | +0.050% | $115K | $45K | 30x | as long as short |
| Arcus MSFT-USD | +0.0531% | 1h | 501.50 | −0.042% | $109K | $90K | 10x | as long as short |
Variational Omni MSFT
GRVT MSFT_USDT_Perp
SunX MSFT-USDT
Deribit MSFT_USDC-PERPETUAL
HTX MSFT-USDT
Phemex MSFTUSDT
Hotstuff MSFT-PERP
Lighter MSFT
Lighter RH MSFT
Vest MSFT-USD-PERP
tradeXYZ xyz:MSFT
Polymarket Perps MSFT-USD
SoDEX MSFT-USD
Paradex MSFT-USD-PERP
Ondo Perps MSFT-USD.P
QFEX MSFT-USD
Phoenix MSFT
KuCoin MSFTUSDTM
ApeX Omni MSFTUSDT
Orderly PERP_MSFT_USDC_mythos
Injective MSFT/USDC PERP
Arcus MSFT-USD