Funding you earn now, next payment 09:00 UTC−0.0026%/8h= −2.9% APRpaid last 24h +0.014%
Price spread now: Vest against GRVT+0.011%63s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 airdropGRVT: Active · Vest: 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: −$1 a day on $10k at the current rate. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT MSFT_USDT_Perp | 504.59 | 0.0072 | pay 0.0072% / 8h | 7h 02m | $19K | $312K | 10x |
| Short | Vest MSFT-USD-PERP | 504.65 | 0.0046 | get 0.0006% / 1h | 2m 23s | — | $1K | 25x |
GRVT MSFT_USDT_Perp
Vest MSFT-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest against GRVT. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$5.53
- Price spread: +0.011% → 0.000%
- $1.13
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$15.39
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: GRVT: live order book, 30 min ago; Vest: 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 GRVT live order book, 30 min ago | 1.29 bp | 6.9 bp −$7 | 15.3 bp −$153 | doesn't fit | doesn't fit |
| Sell Vest no order-book sample | — | — | — | — | — |
Vest: 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 | −0.0838% | 4h | 504.53 | −0.013% | $103K | $244K | 10x | as long as short |
| Coinbase International MSFT-PERP-INTX | −0.0056% | 1h | 504.35 | −0.048% | $693K | $455K | 10x | as long as short |
| BloFin MSFT-USDT | −0.0011% | 8h | 504.92 | +0.065% | $191K | $206K | 20x | as long as short |
| Nado MSFT-PERP | −0.0007% | 1h | 504.48 | −0.023% | $415K | $67K | 20x | as long as short |
| Aster MSFTUSDT | 0.0000% | 8h | 504.59 | −0.001% | $162K | $114K | 20x | as long as short |
| Extended MSFT_24_5-USD | 0.0000% | 1h | 504.72 | +0.024% | $336K | $1.9M | 17x | as long as short |
| Binance MSFTUSDT | 0.0000% | 8h | 504.87 | +0.055% | $16.3M | $19.6M | 20x | as long as short |
| Bybit MSFTUSDT | 0.0000% | 8h | 504.54 | −0.010% | $7.2M | $2.3M | 100x | as long as short |
| OKX MSFT-USDT-SWAP | 0.0000% | 8h | 504.89 | +0.059% | $3.0M | $2.4M | 20x | as long as short |
| Gate MSFT_USDT | 0.0000% | 8h | 504.55 | −0.008% | $3.1M | $1.9M | 100x | as long as short |
edgeX MSFTUSDC
Coinbase International MSFT-PERP-INTX
BloFin MSFT-USDT
Nado MSFT-PERP
Aster MSFTUSDT
Extended MSFT_24_5-USD
Binance MSFTUSDT
Bybit MSFTUSDT
OKX MSFT-USDT-SWAP
Gate MSFT_USDTShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget MSFTUSDT | 0.0000% | 8h | 504.81 | +0.043% | $3.9M | $2.8M | 100x | as long as short |
| Variational Omni MSFT | 0.0000% | 8h | 504.53 | −0.012% | $1.3M | $394K | — | as long as short |
| SunX MSFT-USDT | 0.0000% | 8h | 505.63 | +0.206% | $6K | $3.5M | 20x | as long as short |
| Deribit MSFT_USDC-PERPETUAL | 0.0000% | 1h | 504.45 | −0.028% | $27K | $45K | 10x | as long as short |
| HTX MSFT-USDT | 0.0000% | 8h | 504.57 | −0.005% | $59K | $225K | 20x | as long as short |
| Phemex MSFTUSDT | 0.0000% | 8h | 505.06 | +0.093% | $2.2M | $861K | 10x | as long as short |
| Phoenix MSFT | +0.0016% | 1h | 504.31 | −0.056% | $11K | $15K | 20x | as long as short |
| QFEX MSFT-USD | +0.0023% | 1h | 504.71 | +0.023% | $1.1M | $4.6M | 10x | as long as short |
| Lighter MSFT | +0.0032% | 1h | 504.57 | −0.005% | $1.2M | $534K | 20x | as long as short |
| Lighter RH MSFT | +0.0032% | 1h | 504.63 | +0.007% | $698K | $1.9M | 20x | as long as short |
| Arcus MSFT-USD | +0.0040% | 1h | 504.55 | −0.008% | $97K | $110K | 10x | as long as short |
| Vest MSFT-USD-PERPshort | +0.0046% | 1h | 504.65 | +0.011% | — | $1K | 25x | |
| tradeXYZ xyz:MSFT | +0.0050% | 1h | 504.35 | −0.048% | $22.4M | $8.9M | 20x | as long as short |
| Polymarket Perps MSFT-USD | +0.0050% | 1h | 504.46 | −0.026% | $304K | $650K | 10x | as long as short |
| SoDEX MSFT-USD | +0.0050% | 1h | 504.56 | −0.006% | $61K | $3K | 10x | as long as short |
| Ondo Perps MSFT-USD.P | +0.0050% | 1h | 504.35 | −0.048% | $536K | $387K | 15x | as long as short |
| Paradex MSFT-USD-PERP | +0.0062% | 8h | 504.59 | 0.000% | $222 | — | 5x | as long as short |
| Hotstuff MSFT-PERP | +0.0072% | 1h | 504.34 | −0.050% | $33K | $8K | 20x | as long as short |
| GRVT MSFT_USDT_Perplong | +0.0072% | 8h | 504.59 | long leg | $19K | $312K | 10x | |
| KuCoin MSFTUSDTM | +0.0100% | 8h | 504.07 | −0.104% | $1.6M | $139K | 20x | as long as short |
| ApeX Omni MSFTUSDT | +0.0100% | 1h | 504.14 | −0.090% | $160K | $7K | 50x | as long as short |
| Orderly PERP_MSFT_USDC_mythos | +0.0100% | 8h | 504.72 | +0.025% | $8K | — | 10x | as long as short |
| Aevo MSFT-PERP | +0.0104% | 1h | 504.65 | +0.011% | $56 | — | 10x | as long as short |
| Injective MSFT/USDC PERP | +0.0220% | 1h | 504.07 | −0.104% | $115K | $45K | 30x | as long as short |
Bitget MSFTUSDT
Variational Omni MSFT
SunX MSFT-USDT
Deribit MSFT_USDC-PERPETUAL
HTX MSFT-USDT
Phemex MSFTUSDT
Phoenix MSFT
QFEX MSFT-USD
Lighter MSFT
Lighter RH MSFT
Arcus MSFT-USD
tradeXYZ xyz:MSFT
Polymarket Perps MSFT-USD
SoDEX MSFT-USD
Ondo Perps MSFT-USD.P
Paradex MSFT-USD-PERP
Hotstuff MSFT-PERP
KuCoin MSFTUSDTM
ApeX Omni MSFTUSDT
Orderly PERP_MSFT_USDC_mythos
Aevo MSFT-PERP
Injective MSFT/USDC PERP