MSFT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.10 per $10,000 · paid last 24h +0.003%

Price spread now: Variational Omni against Bitget+0.011%7-day average −0.004% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Bitget Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.006%−$1 on $10k

Price spread, last 7 days−0.011%−$1 · spread now +0.011%, 7d avg −0.004%

Together, before fees−0.017%+ Points / potential airdropVariational Omni: Active · farm board−$2 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.004%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget MSFTUSDT	501.60	0.0010	pay 0.0010% / 8h	2h 50m	$3.8M	$2.2M	100x
Short	Variational Omni MSFT	501.66	0	get 0.0000% / 8h	2h 50m	$1.3M	$709K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Bitget. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BitgetbpFee Variational OmnibpOrdersPrice spread, now +0.011%Rate

Funding earned: −$2.1
Price spread: +0.011% → −0.004%: $1.52
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$12.58
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Bitget: live order book, 2 min ago; Variational Omni: RFQ quote, 4 min ago. 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	0.30 bp	9.0 bp −$9	11.5 bp −$115	36.4 bp −$3,635	doesn't fit
Sell Variational Omni RFQ quote, 4 min ago	2.52 bp	doesn't fit	14.8 bp −$148	doesn't fit	doesn't fit

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	−0.0151%	4h	501.61	+0.002%	$102K	$243K	10x	as long as short
Coinbase International MSFT-PERP-INTX	−0.0040%	1h	501.71	+0.022%	$689K	$431K	10x	as long as short
Nado MSFT-PERP	−0.0028%	1h	501.44	−0.031%	$415K	$62K	20x	as long as short
BloFin MSFT-USDT	−0.0010%	8h	501.71	+0.022%	$189K	$209K	20x	as long as short
Aster MSFTUSDT	0.0000%	8h	502.00	+0.081%	$161K	$116K	20x	as long as short
Extended MSFT_24_5-USD	0.0000%	1h	501.58	−0.004%	$371K	$369K	17x	as long as short
Binance MSFTUSDT	0.0000%	8h	501.57	−0.006%	$15.7M	$19.2M	20x	as long as short
Bybit MSFTUSDT	0.0000%	8h	501.68	+0.016%	$7.4M	$1.7M	100x	as long as short
OKX MSFT-USDT-SWAP	0.0000%	8h	501.67	+0.014%	$3.0M	$2.3M	20x	as long as short
Gate MSFT_USDT	0.0000%	8h	501.31	−0.058%	$3.1M	$1.5M	100x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni MSFTshort	0.0000%	8h	501.66	+0.011%	$1.3M	$709K	—
GRVT MSFT_USDT_Perp	0.0000%	8h	501.63	+0.007%	$18K	$333K	10x	as long as short
SunX MSFT-USDT	0.0000%	8h	502.39	+0.157%	$6K	$4.4M	20x	as long as short
Deribit MSFT_USDC-PERPETUAL	0.0000%	1h	501.54	−0.012%	$27K	$108K	10x	as long as short
HTX MSFT-USDT	0.0000%	8h	501.51	−0.018%	$59K	$231K	20x	as long as short
Phemex MSFTUSDT	0.0000%	8h	501.79	+0.038%	$2.2M	$756K	10x	as long as short
Bitget MSFTUSDTlong	+0.0010%	8h	501.60	long leg	$3.8M	$2.2M	100x
Lighter MSFT	+0.0032%	1h	501.65	+0.010%	$1.1M	$653K	20x	as long as short
Lighter RH MSFT	+0.0032%	1h	501.55	−0.010%	$658K	$2.1M	20x	as long as short
Vest MSFT-USD-PERP	+0.0046%	1h	501.64	+0.008%	—	—	25x	as long as short
tradeXYZ xyz:MSFT	+0.0050%	1h	501.24	−0.072%	$22.2M	$9.9M	20x	as long as short
Polymarket Perps MSFT-USD	+0.0050%	1h	501.28	−0.064%	$304K	$672K	10x	as long as short
SoDEX MSFT-USD	+0.0050%	1h	501.59	−0.002%	$60K	$3K	10x	as long as short
Paradex MSFT-USD-PERP	+0.0050%	8h	501.65	+0.009%	$221	—	5x	as long as short
Ondo Perps MSFT-USD.P	+0.0050%	1h	501.20	−0.080%	$515K	$479K	15x	as long as short
QFEX MSFT-USD	+0.0050%	1h	501.70	+0.020%	$1.2M	$5.7M	10x	as long as short
Phoenix MSFT	+0.0096%	1h	501.51	−0.018%	$10K	$15K	20x	as long as short
KuCoin MSFTUSDTM	+0.0100%	8h	501.51	−0.018%	$1.5M	$19K	20x	as long as short
ApeX Omni MSFTUSDT	+0.0100%	1h	501.48	−0.024%	$160K	$7K	50x	as long as short
Orderly PERP_MSFT_USDC_mythos	+0.0100%	8h	501.55	−0.010%	$8K	—	10x	as long as short
Aevo MSFT-PERP	+0.0104%	1h	501.59	−0.002%	$55	—	10x	as long as short
Hotstuff MSFT-PERP	+0.0128%	1h	501.34	−0.052%	$32K	$8K	20x	as long as short
Injective MSFT/USDC PERP	+0.0220%	1h	501.80	+0.040%	$115K	$45K	30x	as long as short
Arcus MSFT-USD	+0.0531%	1h	501.62	+0.004%	$109K	$78K	10x	as long as short