MSFT

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0111%/8h= +12.1% APRnext payment +$1.11 per $10,000 · paid last 24h +0.025%

Price spread now: Orderly against BloFin−0.050%7-day average — · you buy dearer than you sell

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

Long on BloFin Short on Orderly

What this pair did over the last

the charts below follow

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

Funding pays, the price is against you. Orderly is 0.050% cheaper against BloFin than usual: you would sell low and buy high (spread −0.050% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 36 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin MSFT-USDT	504.92	−0.0011	get 0.0011% / 8h	7h 02m	$191K	$206K	20x
Short	Orderly PERP_MSFT_USDC_mythos	504.67	0.0100	get 0.0100% / 8h	7h 02m	$8K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now −0.050%Rate

Funding earned: $23.21
Price spread: −0.050% → 0.000%: −$4.95
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Orderly: 3 bp × 2 orders: −$6
Net: $0.26
Costs to cover: 0.180%
Break-even: 6.9 days

Slippage unknown: BloFin: live order book, 63 min ago; Orderly: 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 BloFin live order book, 63 min ago	0.89 bp	6.9 bp −$7	10.2 bp −$102	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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	−0.0838%	4h	504.53	−0.078%	$103K	$244K	10x	as long as short
Coinbase International MSFT-PERP-INTX	−0.0056%	1h	504.35	−0.113%	$693K	$455K	10x	as long as short
BloFin MSFT-USDTlong	−0.0011%	8h	504.92	long leg	$191K	$206K	20x
Nado MSFT-PERP	−0.0007%	1h	504.43	−0.097%	$415K	$67K	20x	as long as short
Aster MSFTUSDT	0.0000%	8h	504.59	−0.066%	$162K	$114K	20x	as long as short
Extended MSFT_24_5-USD	0.0000%	1h	504.72	−0.040%	$336K	$1.9M	17x	as long as short
Binance MSFTUSDT	0.0000%	8h	504.85	−0.014%	$16.3M	$19.6M	20x	as long as short
Bybit MSFTUSDT	0.0000%	8h	504.53	−0.077%	$7.2M	$2.3M	100x	as long as short
OKX MSFT-USDT-SWAP	0.0000%	8h	504.89	−0.006%	$3.0M	$2.4M	20x	as long as short
Gate MSFT_USDT	0.0000%	8h	504.52	−0.079%	$3.1M	$1.9M	100x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget MSFTUSDT	0.0000%	8h	504.81	−0.022%	$3.9M	$2.8M	100x	as long as short
Variational Omni MSFT	0.0000%	8h	504.53	−0.077%	$1.3M	$394K	—	as long as short
SunX MSFT-USDT	0.0000%	8h	505.63	+0.141%	$6K	$3.5M	20x	as long as short
Deribit MSFT_USDC-PERPETUAL	0.0000%	1h	504.45	−0.093%	$27K	$45K	10x	as long as short
HTX MSFT-USDT	0.0000%	8h	504.57	−0.069%	$59K	$225K	20x	as long as short
Phemex MSFTUSDT	0.0000%	8h	505.06	+0.028%	$2.2M	$861K	10x	as long as short
Phoenix MSFT	+0.0016%	1h	504.31	−0.121%	$11K	$15K	20x	as long as short
QFEX MSFT-USD	+0.0023%	1h	504.71	−0.042%	$1.1M	$4.6M	10x	as long as short
Lighter MSFT	+0.0032%	1h	504.57	−0.069%	$1.2M	$534K	20x	as long as short
Lighter RH MSFT	+0.0032%	1h	504.63	−0.057%	$698K	$1.9M	20x	as long as short
Arcus MSFT-USD	+0.0040%	1h	504.55	−0.073%	$97K	$110K	10x	as long as short
Vest MSFT-USD-PERP	+0.0046%	1h	504.62	−0.059%	—	$1K	25x	as long as short
tradeXYZ xyz:MSFT	+0.0050%	1h	504.33	−0.117%	$22.4M	$8.9M	20x	as long as short
Polymarket Perps MSFT-USD	+0.0050%	1h	504.44	−0.095%	$304K	$650K	10x	as long as short
SoDEX MSFT-USD	+0.0050%	1h	504.56	−0.071%	$61K	$3K	10x	as long as short
Ondo Perps MSFT-USD.P	+0.0050%	1h	504.35	−0.113%	$536K	$387K	15x	as long as short
Paradex MSFT-USD-PERP	+0.0062%	8h	504.59	−0.065%	$222	—	5x	as long as short
Hotstuff MSFT-PERP	+0.0072%	1h	504.34	−0.115%	$33K	$8K	20x	as long as short
GRVT MSFT_USDT_Perp	+0.0072%	8h	504.59	−0.065%	$19K	$312K	10x	as long as short
KuCoin MSFTUSDTM	+0.0100%	8h	504.03	−0.176%	$1.6M	$139K	20x	as long as short
ApeX Omni MSFTUSDT	+0.0100%	1h	504.14	−0.154%	$160K	$7K	50x	as long as short
Orderly PERP_MSFT_USDC_mythosshort	+0.0100%	8h	504.67	−0.050%	$8K	—	10x
Aevo MSFT-PERP	+0.0104%	1h	504.65	−0.053%	$56	—	10x	as long as short
Injective MSFT/USDC PERP	+0.0220%	1h	504.07	−0.168%	$115K	$45K	30x	as long as short