MSFT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0006%/8h= +0.7% APRnext payment +$0.06 per $10,000 · paid last 24h −0.012%

Price spread now: Aster against BloFin+0.021%7-day average −0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$61as in the Funding arb table

Net, price: spread back to 7d avg − costs−$58as in the Price arb table

costs, in and out, $10k−$600.599% of the position

Long on BloFin Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.010%−$1 on $10k

Price spread, last 3 days (all we have)−0.102%−$10 · spread now +0.021%, 7d avg −0.001%

Together, before fees−0.112%+ Points / potential airdropAster: Stage 5 · farm board−$11 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.022% dearer against BloFin than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.001%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin MSFT-USDT	501.92	−0.0006	get 0.0006% / 8h	1h 34m	$187K	$209K	20x
Short	Aster MSFTUSDT	502.03	0	get 0.0000% / 8h	1h 34m	$161K	$116K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against BloFin. 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 BloFinbpFee AsterbpOrdersPrice spread, now +0.021%Rate

Funding earned: $1.29
Price spread: +0.021% → −0.001%: $2.16
Slippage, 4 orders: −$39.87
Fee BloFin: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$56.42
Costs to cover: 0.599%
Break-even: 313.4 days

Slippage from BloFin: live order book, 41 min ago; Aster: live order book, 47 min ago.

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 BloFin live order book, 41 min ago	0.80 bp	9.0 bp −$9	12.3 bp −$123	27.9 bp −$2,788	doesn't fit
Sell Aster live order book, 47 min ago	9.36 bp	14.9 bp −$15	doesn't fit	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
BloFin MSFT-USDTlong	−0.0006%	8h	501.92	long leg	$187K	$209K	20x
Aster MSFTUSDTshort	0.0000%	8h	502.03	+0.021%	$161K	$116K	20x
Extended MSFT_24_5-USD	0.0000%	1h	501.88	−0.009%	$340K	$401K	17x	as long as short
Binance MSFTUSDT	0.0000%	8h	501.99	+0.013%	$15.7M	$19.3M	20x	as long as short
OKX MSFT-USDT-SWAP	0.0000%	8h	501.96	+0.008%	$3.0M	$2.3M	20x	as long as short
Gate MSFT_USDT	0.0000%	8h	501.76	−0.032%	$3.1M	$1.6M	100x	as long as short
Variational Omni MSFT	0.0000%	8h	501.99	+0.014%	$1.3M	$708K	—	as long as short
GRVT MSFT_USDT_Perp	0.0000%	8h	502.08	+0.031%	$18K	$319K	10x	as long as short
SunX MSFT-USDT	0.0000%	8h	502.70	+0.155%	$6K	$4.4M	20x	as long as short
Coinbase International MSFT-PERP-INTX	0.0000%	1h	501.58	−0.068%	$688K	$449K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX MSFT-USDT	0.0000%	8h	501.82	−0.020%	$59K	$228K	20x	as long as short
Phemex MSFTUSDT	0.0000%	8h	501.93	+0.002%	$2.2M	$763K	10x	as long as short
Bitget MSFTUSDT	+0.0006%	8h	501.96	+0.008%	$3.8M	$2.2M	100x	as long as short
Bybit MSFTUSDT	+0.0024%	8h	501.96	+0.008%	$7.4M	$1.7M	100x	as long as short
Lighter RH MSFT	+0.0032%	1h	501.85	−0.014%	$653K	$2.1M	20x	as long as short
QFEX MSFT-USD	+0.0040%	1h	501.97	+0.010%	$1.2M	$5.8M	10x	as long as short
Vest MSFT-USD-PERP	+0.0046%	1h	501.82	−0.020%	—	—	25x	as long as short
Deribit MSFT_USDC-PERPETUAL	+0.0049%	1h	501.67	−0.050%	$27K	$104K	10x	as long as short
tradeXYZ xyz:MSFT	+0.0050%	1h	501.49	−0.086%	$22.3M	$9.9M	20x	as long as short
Polymarket Perps MSFT-USD	+0.0050%	1h	501.49	−0.086%	$305K	$682K	10x	as long as short
SoDEX MSFT-USD	+0.0050%	1h	501.82	−0.020%	$60K	$3K	10x	as long as short
Ondo Perps MSFT-USD.P	+0.0050%	1h	501.60	−0.064%	$529K	$493K	15x	as long as short
Nado MSFT-PERP	+0.0051%	1h	501.55	−0.074%	$414K	$64K	20x	as long as short
Paradex MSFT-USD-PERP	+0.0063%	8h	501.76	−0.032%	$221	—	5x	as long as short
Phoenix MSFT	+0.0080%	1h	501.69	−0.046%	$10K	$15K	20x	as long as short
Hotstuff MSFT-PERP	+0.0096%	1h	501.53	−0.078%	$32K	$8K	20x	as long as short
KuCoin MSFTUSDTM	+0.0100%	8h	501.49	−0.086%	$1.5M	$19K	20x	as long as short
ApeX Omni MSFTUSDT	+0.0100%	1h	501.56	−0.072%	$160K	$7K	50x	as long as short
Orderly PERP_MSFT_USDC_mythos	+0.0100%	8h	501.83	−0.018%	$8K	—	10x	as long as short
Aevo MSFT-PERP	+0.0104%	1h	501.86	−0.011%	$55	—	10x	as long as short
edgeX MSFTUSDC	+0.0111%	4h	502.06	+0.029%	$102K	$243K	10x	as long as short
Lighter MSFT	+0.0176%	1h	502.03	+0.022%	$1.1M	$590K	20x	as long as short
Arcus MSFT-USD	+0.0200%	1h	501.90	−0.004%	$99K	$106K	10x	as long as short
Injective MSFT/USDC PERP	+0.0220%	1h	502.34	+0.084%	$115K	$45K	30x	as long as short