MSFT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.02 per $10,000 · paid last 24h −0.008%

Price spread now: Variational Omni against BloFin−0.038%7-day average −0.020% · you buy dearer than you sell

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

Long on BloFin Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.023%−$2 on $10k

Price spread, last 3 days (all we have)−0.022%−$2 · spread now −0.038%, 7d avg −0.020%

Together, before fees−0.045%+ Points / potential airdropVariational Omni: Active · farm board−$5 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	501.85	−0.0002	get 0.0002% / 8h	7h 57m	$188K	$207K	20x
Short	Variational Omni MSFT	501.66	0	get 0.0000% / 8h	7h 57m	$1.3M	$692K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now −0.038%Rate

Funding earned: $0.44
Price spread: −0.038% → −0.020%: −$1.85
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$13.42
Costs to cover: 0.120%
Break-even: 222.8 days

Slippage unknown: BloFin: live order book, 8 min ago; Variational Omni: RFQ quote, 2 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 BloFin live order book, 8 min ago	0.10 bp	8.0 bp −$8	11.0 bp −$110	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 2 min ago	2.74 bp	doesn't fit	25.8 bp −$258	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
Coinbase International MSFT-PERP-INTX	−0.0008%	1h	501.76	−0.018%	$687K	$448K	10x	as long as short
BloFin MSFT-USDTlong	−0.0002%	8h	501.85	long leg	$188K	$207K	20x
Aster MSFTUSDT	0.0000%	8h	501.71	−0.028%	$161K	$116K	20x	as long as short
Extended MSFT_24_5-USD	0.0000%	1h	501.66	−0.039%	$337K	$378K	17x	as long as short
Binance MSFTUSDT	0.0000%	8h	501.75	−0.020%	$15.7M	$18.8M	20x	as long as short
OKX MSFT-USDT-SWAP	0.0000%	8h	501.95	+0.020%	$3.0M	$2.3M	20x	as long as short
Gate MSFT_USDT	0.0000%	8h	501.64	−0.042%	$3.1M	$1.6M	100x	as long as short
Bitget MSFTUSDT	0.0000%	8h	501.88	+0.006%	$3.8M	$2.2M	100x	as long as short
Variational Omni MSFTshort	0.0000%	8h	501.66	−0.038%	$1.3M	$692K	—
GRVT MSFT_USDT_Perp	0.0000%	8h	501.74	−0.022%	$18K	$294K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX MSFT-USDT	0.0000%	8h	502.65	+0.159%	$6K	$4.2M	20x	as long as short
Deribit MSFT_USDC-PERPETUAL	0.0000%	1h	501.72	−0.026%	$27K	$71K	10x	as long as short
HTX MSFT-USDT	0.0000%	8h	501.67	−0.036%	$59K	$227K	20x	as long as short
Phemex MSFTUSDT	0.0000%	8h	502.00	+0.030%	$2.2M	$750K	10x	as long as short
Nado MSFT-PERP	+0.0018%	1h	501.74	−0.022%	$414K	$64K	20x	as long as short
Lighter RH MSFT	+0.0032%	1h	501.55	−0.060%	$618K	$2.0M	20x	as long as short
QFEX MSFT-USD	+0.0044%	1h	501.76	−0.018%	$1.2M	$5.9M	10x	as long as short
Vest MSFT-USD-PERP	+0.0046%	1h	501.63	−0.044%	—	$1K	25x	as long as short
tradeXYZ xyz:MSFT	+0.0050%	1h	501.53	−0.064%	$22.3M	$9.4M	20x	as long as short
Polymarket Perps MSFT-USD	+0.0050%	1h	501.53	−0.064%	$303K	$673K	10x	as long as short
SoDEX MSFT-USD	+0.0050%	1h	501.80	−0.010%	$60K	$3K	10x	as long as short
Ondo Perps MSFT-USD.P	+0.0050%	1h	501.66	−0.038%	$529K	$492K	15x	as long as short
Paradex MSFT-USD-PERP	+0.0052%	8h	501.88	+0.006%	$221	—	5x	as long as short
Lighter MSFT	+0.0064%	1h	501.78	−0.014%	$1.1M	$486K	20x	as long as short
Phoenix MSFT	+0.0080%	1h	501.72	−0.026%	$10K	$15K	20x	as long as short
KuCoin MSFTUSDTM	+0.0100%	8h	501.44	−0.082%	$1.5M	$19K	20x	as long as short
ApeX Omni MSFTUSDT	+0.0100%	1h	501.37	−0.096%	$160K	$7K	50x	as long as short
Orderly PERP_MSFT_USDC_mythos	+0.0100%	8h	501.76	−0.018%	$8K	—	10x	as long as short
Aevo MSFT-PERP	+0.0104%	1h	501.74	−0.022%	$55	—	10x	as long as short
Hotstuff MSFT-PERP	+0.0120%	1h	501.57	−0.056%	$32K	$8K	20x	as long as short
Bybit MSFTUSDT	+0.0137%	8h	501.93	+0.016%	$7.4M	$1.7M	100x	as long as short
Arcus MSFT-USD	+0.0212%	1h	501.74	−0.022%	$97K	$109K	10x	as long as short
Injective MSFT/USDC PERP	+0.0220%	1h	502.20	+0.070%	$115K	$45K	30x	as long as short
edgeX MSFTUSDC	+0.0374%	4h	501.86	+0.002%	$102K	$242K	10x	as long as short