MSFT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0007%/8h= −0.8% APRnext payment −$0.07 per $10,000 · paid last 24h −0.012%

Price spread now: Bitget against BloFin−0.016%95s7-day average −0.009% · you buy dearer than you sell

Net, funding: paid 7d − costs−$38as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$360.364% of the position

Long on BloFin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.020%−$2 on $10k

Price spread, last 3 days (all we have)−0.015%−$1 · spread now −0.016%, 7d avg −0.009%

Together, before fees−0.034%−$3 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin MSFT-USDT	501.51	0.0007	pay 0.0007% / 8h	7h 11m	$188K	$205K	20x
Short	Bitget MSFTUSDT	501.43	0	get 0.0000% / 8h	7h 11m	$3.8M	$2.1M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now −0.016%Rate

Funding earned: −$1.51
Price spread: −0.016% → −0.009%: −$0.71
Slippage, 4 orders: −$12.41
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$38.62
Costs to cover: 0.364%
Break-even: never at this rate

Slippage from BloFin: live order book, 53 min ago; Bitget: live order book, 1 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, 53 min ago	0.10 bp	8.0 bp −$8	11.0 bp −$110	doesn't fit	doesn't fit
Sell Bitget live order book, 1 min ago	1.30 bp	10.9 bp −$11	14.7 bp −$147	34.8 bp −$3,482	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	−0.0508%	4h	501.42	−0.018%	$102K	$244K	10x	as long as short
Coinbase International MSFT-PERP-INTX	−0.0008%	1h	501.24	−0.054%	$685K	$453K	10x	as long as short
Aster MSFTUSDT	0.0000%	8h	501.56	+0.009%	$161K	$116K	20x	as long as short
Extended MSFT_24_5-USD	0.0000%	1h	501.32	−0.038%	$337K	$900K	17x	as long as short
Binance MSFTUSDT	0.0000%	8h	501.43	−0.016%	$15.7M	$18.7M	20x	as long as short
Bybit MSFTUSDT	0.0000%	8h	501.32	−0.038%	$7.4M	$1.6M	100x	as long as short
OKX MSFT-USDT-SWAP	0.0000%	8h	501.38	−0.026%	$3.0M	$2.3M	20x	as long as short
Gate MSFT_USDT	0.0000%	8h	501.25	−0.052%	$3.1M	$1.7M	100x	as long as short
Bitget MSFTUSDTshort	0.0000%	8h	501.43	−0.016%	$3.8M	$2.1M	100x
Variational Omni MSFT	0.0000%	8h	501.45	−0.013%	$1.3M	$690K	—	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT MSFT_USDT_Perp	0.0000%	8h	501.50	−0.002%	$19K	$293K	10x	as long as short
SunX MSFT-USDT	0.0000%	8h	502.25	+0.148%	$6K	$4.1M	20x	as long as short
Deribit MSFT_USDC-PERPETUAL	0.0000%	1h	501.10	−0.082%	$27K	$41K	10x	as long as short
HTX MSFT-USDT	0.0000%	8h	501.36	−0.030%	$58K	$227K	20x	as long as short
Phemex MSFTUSDT	0.0000%	8h	502.02	+0.102%	$2.2M	$760K	10x	as long as short
BloFin MSFT-USDTlong	+0.0007%	8h	501.51	long leg	$188K	$205K	20x
Nado MSFT-PERP	+0.0018%	1h	501.23	−0.055%	$414K	$64K	20x	as long as short
Lighter RH MSFT	+0.0032%	1h	501.24	−0.054%	$619K	$2.0M	20x	as long as short
QFEX MSFT-USD	+0.0044%	1h	501.44	−0.014%	$1.1M	$5.8M	10x	as long as short
Vest MSFT-USD-PERP	+0.0046%	1h	501.34	−0.034%	—	$1K	25x	as long as short
tradeXYZ xyz:MSFT	+0.0050%	1h	501.13	−0.076%	$22.1M	$9.2M	20x	as long as short
Polymarket Perps MSFT-USD	+0.0050%	1h	501.13	−0.076%	$303K	$672K	10x	as long as short
SoDEX MSFT-USD	+0.0050%	1h	501.35	−0.032%	$60K	$3K	10x	as long as short
Ondo Perps MSFT-USD.P	+0.0050%	1h	501.05	−0.092%	$514K	$503K	15x	as long as short
Paradex MSFT-USD-PERP	+0.0051%	8h	501.39	−0.025%	$221	—	5x	as long as short
Phoenix MSFT	+0.0080%	1h	501.24	−0.054%	$10K	$15K	20x	as long as short
KuCoin MSFTUSDTM	+0.0100%	8h	501.37	−0.028%	$1.5M	$19K	20x	as long as short
ApeX Omni MSFTUSDT	+0.0100%	1h	501.13	−0.076%	$159K	$7K	50x	as long as short
Orderly PERP_MSFT_USDC_mythos	+0.0100%	8h	501.41	−0.020%	$8K	—	10x	as long as short
Aevo MSFT-PERP	+0.0104%	1h	501.35	−0.031%	$55	—	10x	as long as short
Lighter MSFT	+0.0120%	1h	501.49	−0.004%	$1.1M	$486K	20x	as long as short
Arcus MSFT-USD	+0.0212%	1h	501.30	−0.042%	$97K	$109K	10x	as long as short
Injective MSFT/USDC PERP	+0.0220%	1h	501.82	+0.062%	$115K	$45K	30x	as long as short
Hotstuff MSFT-PERP	+0.0232%	1h	501.12	−0.078%	$32K	$8K	20x	as long as short