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

MSFT

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.006%
Price spread now: SoDEX against Extended+0.007%7-day average · you sell dearer than you buy
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 3 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: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended MSFT_24_5-USD501.990get 0.0000% / 1h24m 45s$337K$392K17x
ShortSoDEX MSFT-USD502.030.0050get 0.0006% / 1h24m 45s$60K$3K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
$10.5
Price spread: +0.007% → 0.000%
$0.72
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$1.78
Costs to cover
0.130%
Break-even
8.2 days
Slippage unknown: Extended: live order book, 53 min ago; SoDEX: 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, 53 min ago0.60 bp5.7 bp −$627.4 bp −$274doesn't fitdoesn't fit
Sell SoDEX no order-book sample
SoDEX: 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
edgeX MSFTUSDC−0.0779%4h501.96−0.008%$102K$242K10xas long as short
Nado MSFT-PERP−0.0021%1h501.83−0.033%$414K$64K20xas long as short
Coinbase International MSFT-PERP-INTX−0.0016%1h501.76−0.047%$687K$449K10xas long as short
Aster MSFTUSDT0.0000%8h502.16+0.033%$161K$116K20xas long as short
Extended MSFT_24_5-USDlong0.0000%1h501.99long leg$337K$392K17x
Binance MSFTUSDT0.0000%8h502.10+0.020%$15.7M$19.1M20xas long as short
OKX MSFT-USDT-SWAP0.0000%8h502.21+0.043%$3.0M$2.3M20xas long as short
Gate MSFT_USDT0.0000%8h501.84−0.031%$3.1M$1.7M100xas long as short
Bitget MSFTUSDT0.0000%8h502.10+0.021%$3.8M$2.3M100xas long as short
Variational Omni MSFT0.0000%8h501.99−0.001%$1.3M$692Kas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT MSFT_USDT_Perp0.0000%8h502.03+0.008%$19K$298K10xas long as short
SunX MSFT-USDT0.0000%8h502.84+0.169%$6K$4.3M20xas long as short
Deribit MSFT_USDC-PERPETUAL0.0000%1h501.89−0.021%$27K$101K10xas long as short
HTX MSFT-USDT0.0000%8h501.94−0.011%$59K$227K20xas long as short
Phemex MSFTUSDT0.0000%8h502.32+0.065%$2.2M$748K10xas long as short
BloFin MSFT-USDT0.0000%8h502.14+0.029%$189K$209K20xas long as short
Bybit MSFTUSDT+0.0031%8h502.08+0.017%$7.4M$1.7M100xas long as short
Lighter RH MSFT+0.0032%1h501.92−0.015%$619K$2.1M20xas long as short
Vest MSFT-USD-PERP+0.0046%1h501.95−0.009%$1K25xas long as short
QFEX MSFT-USD+0.0049%1h501.97−0.005%$1.2M$5.8M10xas long as short
tradeXYZ xyz:MSFT+0.0050%1h501.61−0.077%$22.3M$9.4M20xas long as short
Polymarket Perps MSFT-USD+0.0050%1h501.62−0.075%$303K$678K10xas long as short
SoDEX MSFT-USDshort+0.0050%1h502.03+0.007%$60K$3K10x
Ondo Perps MSFT-USD.P+0.0050%1h501.63−0.073%$529K$493K15xas long as short
Paradex MSFT-USD-PERP+0.0053%8h501.94−0.012%$2215xas long as short
Hotstuff MSFT-PERP+0.0064%1h501.73−0.053%$32K$8K20xas long as short
Phoenix MSFT+0.0080%1h501.71−0.057%$10K$15K20xas long as short
KuCoin MSFTUSDTM+0.0100%8h501.59−0.080%$1.5M$19K20xas long as short
ApeX Omni MSFTUSDT+0.0100%1h501.63−0.073%$160K$7K50xas long as short
Orderly PERP_MSFT_USDC_mythos+0.0100%8h501.89−0.021%$8K10xas long as short
Aevo MSFT-PERP+0.0104%1h501.99−0.001%$5510xas long as short
Lighter MSFT+0.0160%1h502.20+0.041%$1.1M$585K20xas long as short
Injective MSFT/USDC PERP+0.0220%1h502.37+0.075%$115K$45K30xas long as short
Arcus MSFT-USD+0.0286%1h501.94−0.011%$97K$109K10xas long as short