TxFlow Level Up: trade perps and earn up to 300 USDC at $4M volume. Until Nov 2 Join
Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG524.0900.0000% / 8h4h 45m$11.7M$3.7M100xLong Bybit
SHORT522.94L +0.0050S −0.0050get 0.0006% / 1h45m 49s$63K—25xShort Avantis
Price gap−0.219%
Funding gap+0.0050% /8h

Funding pays +$1 a day on $10k, but the gap is 0.219% under zero (no 7-day history yet): −$22 if it goes back, about 15 days of funding.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$8+0.0050% /8h now · paid +0.084% over the last 7D
Price—spread −0.219% now · no price history on both exchanges yet
Costsno datano order book for Avantis
Result, before costs—+ Points / potential airdropAvantis: Season 3 · farm boardneeds both price histories

Price and funding

1h · history
PRICE SPREAD · 7D
Now−0.219%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

MSFT on 39 exchanges

lowest funding first

Before you open

1 ok · 3 to watch
  • Note: Order book unknown—
    No order-book sample for Avantis: its slippage is not counted.
  • Note: Margin at max leverage$100 + $400
    Bybit 100x, Avantis 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ8h / 1h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: +$1.49Long Bybit: 3 payments, $0.00; short Avantis: 24 payments, +$1.49.
  • Note: No 7-day spread history−0.219%
    The gap cannot be compared with its average yet.
  • Watch: Short leg is thinner$63K vs $11.7M OI
    Avantis sets your exit cost. Check its book before closing.
  • OK: Points on a legAvantis Season 3
    Volume here counts toward the points program.
  • Watch: KYCBybit Yes · Avantis No
    Standard verification is mandatory for every product.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0040%/8h × 21 periods+$8.41
Price spread−0.219% → 0−$21.94
Slippage, 4 ordersno data for Avantis—
Fee Bybit bp × 2 orders−$11.00
Fee Avantis bp × 2 orders−$9.00
Net, fees only · 7 days · $10k−$33.53
Costs to cover0.200%Break-even34.9 days
Slippage: Bybit: live order book, 1 min ago; Avantis: no order-book sample

Cost to enter

taker + slippage from mid, one side
BUY · LONGBybit0.299.0 bp−$916.9 bp−$169doesn’t fitdoesn’t fit
SELL · SHORTAvantis—————

Closing costs about the same again.
Avantis: no data.

Alert

MSFT news

posts that mention MSFT or Microsoft, from every exchangeSearch all news →
10-30 18:30KalshiOtherJUST IN: Microsoft expects fewer than 3,000 employees to accept buyouts @Kalshi on X ↗
10-29 15:13BingXOtherMicrosoft's AI cloud business grew 48% in one year. The stock is up 3% before the open. Your outlook on AI stocks? $MSFT @BingXOfficial on X ↗
10-29 11:54KalshiOtherJUST IN: Microsoft eyes raising up to $25 billion from US bond sale @Kalshi on X ↗
10-29 09:00MEXCOther🤖 Same AI bet, opposite market reactions. 🟢 $MSFT: +4% | Cloud revenue +30% 🔴 $GOOGL: -8% | Free cash flow -$9.07B Tech companies spend big on AI, but investors reward returns. Who's winning the AI race? 👇 @MEXC on X ↗
10-29 02:30MEXCOtherSame earnings day. Very different candles. 👀 $GOOGL: 🟢 Google Cloud revenue: +103% YoY 🔴 Free cash flow: -$9.1B $MSFT: 🟢 Azure revenue: +48% YoY 🟢 Free cash flow: +$18.6B Will the split hold into the U.S. open? 👇 #MEXC @MEXC on X ↗
10-28 20:30Markets by KinetiqOtherTrade $GOOGL & $MSFT 24/7 on @Markets_xyz on X ↗