Settings8H · net · $10k
Funding arb · Price arb /

MSFT

RWAall MSFT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0104%/8h= +11.4% APRnext payment +$0.13 per $10,000 · paid last 24h +0.023%
Price spread now: Aevo against Extended−0.002%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended MSFT_24_5-USD501.620get 0.0000% / 1h1m 33s$337K$387K17x
ShortAevo MSFT-PERP501.610.0104get 0.0013% / 1h1m 33s$5510x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Extended. 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

Funding earned
$21.84
Price spread: −0.002% → 0.000%
−$0.17
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Aevo: 8 bp × 2 orders
−$16
Net
$0.67
Costs to cover
0.210%
Break-even
6.8 days
Slippage unknown: Extended: live order book, 11 min ago; Aevo: 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
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 11 min ago0.10 bp5.3 bp −$531.5 bp −$315doesn't fitdoesn't fit
Sell Aevo no order-book sample
Aevo: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado MSFT-PERP−0.0018%1h501.40−0.045%$414K$64K20xas long as short
Coinbase International MSFT-PERP-INTX−0.0016%1h501.76+0.027%$687K$449K10xas long as short
Hotstuff MSFT-PERP−0.0008%1h501.32−0.060%$32K$8K20xas long as short
Aster MSFTUSDT0.0000%8h501.75+0.026%$161K$116K20xas long as short
Extended MSFT_24_5-USDlong0.0000%1h501.62long leg$337K$387K17x
Binance MSFTUSDT0.0000%8h501.72+0.020%$15.6M$19.0M20xas long as short
OKX MSFT-USDT-SWAP0.0000%8h501.85+0.045%$3.0M$2.3M20xas long as short
Gate MSFT_USDT0.0000%8h501.43−0.038%$3.1M$1.7M100xas long as short
Bitget MSFTUSDT0.0000%8h501.71+0.018%$3.8M$2.3M100xas long as short
Variational Omni MSFT0.0000%8h501.68+0.011%$1.3M$692Kas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT MSFT_USDT_Perp0.0000%8h501.74+0.023%$18K$294K10xas long as short
SunX MSFT-USDT0.0000%8h502.45+0.165%$6K$4.3M20xas long as short
HTX MSFT-USDT0.0000%8h501.60−0.004%$59K$228K20xas long as short
Phemex MSFTUSDT0.0000%8h501.90+0.055%$2.2M$746K10xas long as short
BloFin MSFT-USDT+0.0022%8h501.74+0.023%$188K$209K20xas long as short
Bybit MSFTUSDT+0.0032%8h501.78+0.031%$7.4M$1.7M100xas long as short
Lighter RH MSFT+0.0032%1h501.56−0.012%$619K$2.1M20xas long as short
Vest MSFT-USD-PERP+0.0046%1h501.54−0.016%$1K25xas long as short
QFEX MSFT-USD+0.0049%1h501.65+0.006%$1.2M$5.9M10xas long as short
tradeXYZ xyz:MSFT+0.0050%1h501.32−0.060%$22.3M$9.4M20xas long as short
Polymarket Perps MSFT-USD+0.0050%1h501.30−0.064%$303K$678K10xas long as short
SoDEX MSFT-USD+0.0050%1h501.63+0.002%$60K$3K10xas long as short
Ondo Perps MSFT-USD.P+0.0050%1h501.23−0.078%$529K$493K15xas long as short
Paradex MSFT-USD-PERP+0.0052%8h501.59−0.006%$2215xas long as short
Phoenix MSFT+0.0080%1h501.37−0.050%$10K$15K20xas long as short
KuCoin MSFTUSDTM+0.0100%8h501.13−0.098%$1.5M$19K20xas long as short
ApeX Omni MSFTUSDT+0.0100%1h501.46−0.032%$160K$7K50xas long as short
Orderly PERP_MSFT_USDC_mythos+0.0100%8h501.64+0.004%$8K10xas long as short
Aevo MSFT-PERPshort+0.0104%1h501.61−0.002%$5510x
edgeX MSFTUSDC+0.0150%4h501.63+0.002%$102K$243K10xas long as short
Lighter MSFT+0.0160%1h501.81+0.037%$1.1M$586K20xas long as short
Deribit MSFT_USDC-PERPETUAL+0.0169%1h501.56−0.012%$27K$102K10xas long as short
Injective MSFT/USDC PERP+0.0220%1h502.31+0.137%$115K$45K30xas long as short
Arcus MSFT-USD+0.0286%1h501.61−0.002%$97K$109K10xas long as short