MSFT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0052%/8h= +5.7% APRnext payment +$0.52 per $10,000 · paid last 24h +0.013%

Price spread now: Paradex against Bybit+0.033%7-day average — · you sell dearer than you buy

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

Long on Bybit Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Paradex is 0.033% dearer against Bybit than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit MSFTUSDT	502.67	0	get 0.0000% / 8h	2h 51m	$7.2M	$2.2M	100x
Short	Paradex MSFT-USD-PERP	502.84	0.0052	get 0.0052% / 8h	2h 51m	$221	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Bybit. 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 BybitbpFee ParadexbpOrdersPrice spread, now +0.033%Rate

Funding earned: $10.9
Price spread: +0.033% → 0.000%: $3.34
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$0.76
Costs to cover: 0.150%
Break-even: 7.5 days

Slippage unknown: Bybit: live order book, 2 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 Bybit live order book, 2 min ago	0.60 bp	10.3 bp −$10	16.6 bp −$166	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
edgeX MSFTUSDC	−0.0922%	4h	503.11	+0.088%	$102K	$243K	10x	as long as short
Hotstuff MSFT-PERP	−0.0064%	1h	502.64	−0.006%	$32K	$8K	20x	as long as short
Coinbase International MSFT-PERP-INTX	−0.0064%	1h	502.41	−0.052%	$684K	$461K	10x	as long as short
Nado MSFT-PERP	−0.0012%	1h	502.76	+0.018%	$412K	$66K	20x	as long as short
Aster MSFTUSDT	0.0000%	8h	502.73	+0.012%	$161K	$116K	20x	as long as short
Extended MSFT_24_5-USD	0.0000%	1h	502.75	+0.016%	$341K	$1.2M	17x	as long as short
Binance MSFTUSDT	0.0000%	8h	502.89	+0.044%	$15.8M	$19.3M	20x	as long as short
Bybit MSFTUSDTlong	0.0000%	8h	502.67	long leg	$7.2M	$2.2M	100x
OKX MSFT-USDT-SWAP	0.0000%	8h	503.03	+0.072%	$3.0M	$2.3M	20x	as long as short
Gate MSFT_USDT	0.0000%	8h	502.57	−0.020%	$3.1M	$1.7M	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	502.84	+0.034%	$4.4M	$2.6M	100x	as long as short
Variational Omni MSFT	0.0000%	8h	503.19	+0.103%	$1.3M	$493K	—	as long as short
GRVT MSFT_USDT_Perp	0.0000%	8h	503.09	+0.083%	$19K	$310K	10x	as long as short
SunX MSFT-USDT	0.0000%	8h	503.62	+0.189%	$6K	$4.0M	20x	as long as short
Deribit MSFT_USDC-PERPETUAL	0.0000%	1h	502.66	−0.002%	$27K	$42K	10x	as long as short
HTX MSFT-USDT	0.0000%	8h	502.70	+0.006%	$58K	$225K	20x	as long as short
Phemex MSFTUSDT	0.0000%	8h	503.27	+0.119%	$2.2M	$790K	10x	as long as short
BloFin MSFT-USDT	+0.0008%	8h	503.16	+0.097%	$190K	$205K	20x	as long as short
Phoenix MSFT	+0.0016%	1h	502.98	+0.062%	$11K	$15K	20x	as long as short
Lighter RH MSFT	+0.0032%	1h	502.78	+0.022%	$679K	$2.0M	20x	as long as short
QFEX MSFT-USD	+0.0036%	1h	502.83	+0.032%	$1.2M	$4.8M	10x	as long as short
Arcus MSFT-USD	+0.0040%	1h	502.88	+0.042%	$96K	$111K	10x	as long as short
Vest MSFT-USD-PERP	+0.0046%	1h	502.90	+0.046%	—	$1K	25x	as long as short
tradeXYZ xyz:MSFT	+0.0050%	1h	502.48	−0.038%	$22.2M	$8.9M	20x	as long as short
Polymarket Perps MSFT-USD	+0.0050%	1h	502.53	−0.028%	$303K	$713K	10x	as long as short
SoDEX MSFT-USD	+0.0050%	1h	502.71	+0.008%	$60K	$3K	10x	as long as short
Ondo Perps MSFT-USD.P	+0.0050%	1h	502.58	−0.018%	$512K	$464K	15x	as long as short
Paradex MSFT-USD-PERPshort	+0.0052%	8h	502.84	+0.033%	$221	—	5x
KuCoin MSFTUSDTM	+0.0100%	8h	502.77	+0.020%	$1.6M	$57K	20x	as long as short
ApeX Omni MSFTUSDT	+0.0100%	1h	502.59	−0.016%	$160K	$7K	50x	as long as short
Orderly PERP_MSFT_USDC_mythos	+0.0100%	8h	502.74	+0.014%	$8K	—	10x	as long as short
Lighter MSFT	+0.0104%	1h	503.03	+0.072%	$1.2M	$495K	20x	as long as short
Aevo MSFT-PERP	+0.0104%	1h	502.78	+0.022%	$55	—	10x	as long as short
Injective MSFT/USDC PERP	+0.0220%	1h	503.24	+0.113%	$115K	$45K	30x	as long as short