MSFT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%

Price spread now: Orderly against Gate+0.036%7-day average — · you sell dearer than you buy

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

Long on Gate Short on Orderly

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Orderly is 0.036% dearer against Gate than usual: you sell high and buy low: +$4 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	Gate MSFT_USDT	501.83	0	get 0.0000% / 8h	1h 38m	$3.1M	$1.5M	100x
Short	Orderly PERP_MSFT_USDC_mythos	502.01	0.0100	get 0.0100% / 8h	1h 38m	$8K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Gate. 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 GatebpFee OrderlybpOrdersPrice spread, now +0.036%Rate

Funding earned: $21
Price spread: +0.036% → 0.000%: $3.59
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Orderly: 3 bp × 2 orders: −$6
Net: $3.59
Costs to cover: 0.210%
Break-even: 5.8 days

Slippage unknown: Gate: live order book, 5 min ago; Orderly: 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 Gate live order book, 5 min ago	4.38 bp	12.2 bp −$12	28.5 bp −$285	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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	−0.0566%	4h	501.98	+0.029%	$102K	$242K	10x	as long as short
BloFin MSFT-USDT	−0.0018%	8h	502.17	+0.068%	$188K	$210K	20x	as long as short
Aster MSFTUSDT	0.0000%	8h	502.03	+0.040%	$161K	$116K	20x	as long as short
Extended MSFT_24_5-USD	0.0000%	1h	502.01	+0.037%	$372K	$369K	17x	as long as short
Binance MSFTUSDT	0.0000%	8h	502.08	+0.050%	$15.7M	$19.3M	20x	as long as short
OKX MSFT-USDT-SWAP	0.0000%	8h	502.12	+0.058%	$3.0M	$2.3M	20x	as long as short
Gate MSFT_USDTlong	0.0000%	8h	501.83	long leg	$3.1M	$1.5M	100x
Variational Omni MSFT	0.0000%	8h	502.00	+0.033%	$1.3M	$708K	—	as long as short
GRVT MSFT_USDT_Perp	0.0000%	8h	502.06	+0.045%	$18K	$319K	10x	as long as short
SunX MSFT-USDT	0.0000%	8h	502.91	+0.215%	$6K	$4.4M	20x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit MSFT_USDC-PERPETUAL	0.0000%	1h	501.65	−0.036%	$27K	$103K	10x	as long as short
Coinbase International MSFT-PERP-INTX	0.0000%	1h	501.58	−0.050%	$688K	$449K	10x	as long as short
HTX MSFT-USDT	0.0000%	8h	501.97	+0.028%	$59K	$229K	20x	as long as short
Phemex MSFTUSDT	0.0000%	8h	502.27	+0.088%	$2.2M	$763K	10x	as long as short
Bitget MSFTUSDT	+0.0003%	8h	502.08	+0.050%	$3.8M	$2.2M	100x	as long as short
Bybit MSFTUSDT	+0.0020%	8h	502.10	+0.054%	$7.4M	$1.7M	100x	as long as short
Lighter RH MSFT	+0.0032%	1h	501.92	+0.018%	$653K	$2.1M	20x	as long as short
QFEX MSFT-USD	+0.0040%	1h	501.99	+0.032%	$1.2M	$5.8M	10x	as long as short
Vest MSFT-USD-PERP	+0.0046%	1h	501.91	+0.016%	—	—	25x	as long as short
Nado MSFT-PERP	+0.0047%	1h	501.60	−0.045%	$414K	$64K	20x	as long as short
tradeXYZ xyz:MSFT	+0.0050%	1h	501.62	−0.042%	$22.3M	$9.8M	20x	as long as short
Polymarket Perps MSFT-USD	+0.0050%	1h	501.64	−0.038%	$305K	$683K	10x	as long as short
SoDEX MSFT-USD	+0.0050%	1h	502.05	+0.044%	$60K	$3K	10x	as long as short
Ondo Perps MSFT-USD.P	+0.0050%	1h	501.68	−0.030%	$529K	$493K	15x	as long as short
Paradex MSFT-USD-PERP	+0.0062%	8h	501.84	+0.003%	$221	—	5x	as long as short
Phoenix MSFT	+0.0080%	1h	501.68	−0.030%	$10K	$15K	20x	as long as short
Hotstuff MSFT-PERP	+0.0080%	1h	501.70	−0.026%	$32K	$8K	20x	as long as short
KuCoin MSFTUSDTM	+0.0100%	8h	501.55	−0.056%	$1.5M	$19K	20x	as long as short
ApeX Omni MSFTUSDT	+0.0100%	1h	501.69	−0.028%	$160K	$7K	50x	as long as short
Orderly PERP_MSFT_USDC_mythosshort	+0.0100%	8h	502.01	+0.036%	$8K	—	10x
Aevo MSFT-PERP	+0.0104%	1h	502.07	+0.048%	$55	—	10x	as long as short
Lighter MSFT	+0.0160%	1h	502.08	+0.050%	$1.1M	$589K	20x	as long as short
Arcus MSFT-USD	+0.0200%	1h	501.90	+0.014%	$110K	$90K	10x	as long as short
Injective MSFT/USDC PERP	+0.0220%	1h	502.34	+0.102%	$115K	$45K	30x	as long as short