Funding you earn now, next payment 08:00 UTC+0.0031%/8h= +3.4% APRnext payment +$0.31 per $10,000 · paid last 24h +0.003%
Price spread now: Paradex against BloFin−0.020%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin MSFT-USDT | 501.92 | 0.0020 | pay 0.0020% / 8h | 7h 30m | $188K | $206K | 20x |
| Short | Paradex MSFT-USD-PERP | 501.82 | 0.0051 | get 0.0051% / 8h | 7h 30m | $221 | — | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex against BloFin. 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
- $6.51
- Price spread: −0.020% → 0.000%
- −$1.97
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$11.45
- Costs to cover
- 0.160%
- Break-even
- 19.3 days
Slippage unknown: BloFin: live order book, 35 min ago; Paradex: 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, 35 min ago | 0.10 bp | 8.0 bp −$8 | 11.0 bp −$110 | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International MSFT-PERP-INTX | −0.0008% | 1h | 501.13 | −0.157% | $679K | $456K | 10x | as long as short |
| Nado MSFT-PERP | −0.0002% | 1h | 501.70 | −0.045% | $414K | $64K | 20x | as long as short |
| Aster MSFTUSDT | 0.0000% | 8h | 501.89 | −0.006% | $161K | $116K | 20x | as long as short |
| Extended MSFT_24_5-USD | 0.0000% | 1h | 501.92 | 0.000% | $337K | $1.0M | 17x | as long as short |
| Binance MSFTUSDT | 0.0000% | 8h | 502.01 | +0.018% | $15.7M | $18.7M | 20x | as long as short |
| Bybit MSFTUSDT | 0.0000% | 8h | 501.83 | −0.018% | $7.4M | $1.6M | 100x | as long as short |
| OKX MSFT-USDT-SWAP | 0.0000% | 8h | 501.97 | +0.010% | $3.0M | $2.3M | 20x | as long as short |
| Gate MSFT_USDT | 0.0000% | 8h | 501.65 | −0.054% | $3.1M | $1.6M | 100x | as long as short |
| Bitget MSFTUSDT | 0.0000% | 8h | 501.83 | −0.018% | $3.8M | $2.2M | 100x | as long as short |
| Variational Omni MSFT | 0.0000% | 8h | 501.87 | −0.011% | $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 | 501.60 | −0.064% | $19K | $294K | 10x | as long as short |
| SunX MSFT-USDT | 0.0000% | 8h | 502.81 | +0.177% | $6K | $4.1M | 20x | as long as short |
| Deribit MSFT_USDC-PERPETUAL | 0.0000% | 1h | 501.83 | −0.018% | $27K | $41K | 10x | as long as short |
| HTX MSFT-USDT | 0.0000% | 8h | 501.79 | −0.026% | $59K | $227K | 20x | as long as short |
| Phemex MSFTUSDT | 0.0000% | 8h | 502.31 | +0.078% | $2.2M | $758K | 10x | as long as short |
| BloFin MSFT-USDTlong | +0.0020% | 8h | 501.92 | long leg | $188K | $206K | 20x | |
| Lighter RH MSFT | +0.0032% | 1h | 501.79 | −0.026% | $619K | $2.0M | 20x | as long as short |
| QFEX MSFT-USD | +0.0044% | 1h | 501.81 | −0.022% | $1.1M | $5.9M | 10x | as long as short |
| Vest MSFT-USD-PERP | +0.0046% | 1h | 501.82 | −0.020% | — | $1K | 25x | as long as short |
| tradeXYZ xyz:MSFT | +0.0050% | 1h | 501.58 | −0.068% | $22.3M | $9.1M | 20x | as long as short |
| Polymarket Perps MSFT-USD | +0.0050% | 1h | 501.57 | −0.070% | $303K | $674K | 10x | as long as short |
| SoDEX MSFT-USD | +0.0050% | 1h | 501.95 | +0.006% | $60K | $3K | 10x | as long as short |
| Ondo Perps MSFT-USD.P | +0.0050% | 1h | 501.37 | −0.110% | $527K | $488K | 15x | as long as short |
| Paradex MSFT-USD-PERPshort | +0.0051% | 8h | 501.82 | −0.020% | $221 | — | 5x | |
| Phoenix MSFT | +0.0080% | 1h | 501.48 | −0.088% | $10K | $15K | 20x | as long as short |
| Lighter MSFT | +0.0080% | 1h | 501.97 | +0.010% | $1.1M | $486K | 20x | as long as short |
| KuCoin MSFTUSDTM | +0.0100% | 8h | 501.80 | −0.024% | $1.5M | $19K | 20x | as long as short |
| ApeX Omni MSFTUSDT | +0.0100% | 1h | 501.45 | −0.094% | $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 |
| Hotstuff MSFT-PERP | +0.0104% | 1h | 501.60 | −0.064% | $32K | $8K | 20x | as long as short |
| Aevo MSFT-PERP | +0.0104% | 1h | 501.85 | −0.014% | $55 | — | 10x | as long as short |
| Arcus MSFT-USD | +0.0212% | 1h | 501.61 | −0.062% | $97K | $109K | 10x | as long as short |
| Injective MSFT/USDC PERP | +0.0220% | 1h | 502.00 | +0.016% | $115K | $45K | 30x | as long as short |
| edgeX MSFTUSDC | +0.0365% | 4h | 501.58 | −0.068% | $102K | $243K | 10x | as long as short |
BloFin MSFT-USDT
Paradex MSFT-USD-PERP
Coinbase International MSFT-PERP-INTX
Aster MSFTUSDT
Extended MSFT_24_5-USD
Binance MSFTUSDT
Bybit MSFTUSDT
OKX MSFT-USDT-SWAP
Gate MSFT_USDT
Bitget MSFTUSDT
Variational Omni MSFT
GRVT MSFT_USDT_Perp
SunX MSFT-USDT
Deribit MSFT_USDC-PERPETUAL
HTX MSFT-USDT
Phemex MSFTUSDT
Lighter RH MSFT
tradeXYZ xyz:MSFT
Polymarket Perps MSFT-USD
SoDEX MSFT-USD
Phoenix MSFT
Lighter MSFT
KuCoin MSFTUSDTM
ApeX Omni MSFTUSDT
Injective MSFT/USDC PERP
edgeX MSFTUSDC