Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Aster against HTX−0.036%7-day average +0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$650.653% of the position
Funding, last 7 days+0.026%+$3 on $10k
+Price spread, last 4 days (all we have)−0.080%−$8 · spread now −0.036%, 7d avg +0.027%
=Together, before fees−0.054%+ Points / potential airdropAster: Stage 5 · farm board−$5 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.063% cheaper against HTX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.027%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX MSFT-USDT | 501.30 | 0 | get 0.0000% / 8h | 4h 28m | $58K | $226K | 20x |
| Short | Aster MSFTUSDT | 501.12 | 0 | get 0.0000% / 8h | 4h 28m | $161K | $116K | 20x |
HTX MSFT-USDT
Aster MSFTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against HTX. 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
- $0
- Price spread: −0.036% → +0.027%
- −$6.26
- Slippage, 4 orders
- −$45.3
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$71.56
- Costs to cover
- 0.653%
- Break-even
- never at this rate
Slippage from HTX: live order book, 28 min ago; Aster: live order book, 27 min ago.
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 HTX live order book, 28 min ago | 2.79 bp | 9.4 bp −$9 | 18.6 bp −$186 | doesn't fit | doesn't fit |
| Sell Aster live order book, 27 min ago | 9.37 bp | 22.8 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
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 | −0.0540% | 4h | 501.37 | +0.015% | $102K | $244K | 10x | as long as short |
| Coinbase International MSFT-PERP-INTX | −0.0040% | 1h | 500.97 | −0.066% | $678K | $456K | 10x | as long as short |
| Nado MSFT-PERP | −0.0013% | 1h | 501.08 | −0.043% | $414K | $64K | 20x | as long as short |
| Hotstuff MSFT-PERP | −0.0008% | 1h | 500.93 | −0.074% | $32K | $8K | 20x | as long as short |
| Aster MSFTUSDTshort | 0.0000% | 8h | 501.12 | −0.036% | $161K | $116K | 20x | |
| Extended MSFT_24_5-USD | 0.0000% | 1h | 501.30 | −0.001% | $341K | $888K | 17x | as long as short |
| Binance MSFTUSDT | 0.0000% | 8h | 501.43 | +0.026% | $15.8M | $19.1M | 20x | as long as short |
| Bybit MSFTUSDT | 0.0000% | 8h | 501.10 | −0.040% | $7.2M | $2.1M | 100x | as long as short |
| OKX MSFT-USDT-SWAP | 0.0000% | 8h | 501.47 | +0.034% | $3.0M | $2.3M | 20x | as long as short |
| Gate MSFT_USDT | 0.0000% | 8h | 501.20 | −0.020% | $3.1M | $1.7M | 100x | as long as short |
edgeX MSFTUSDC
Coinbase International MSFT-PERP-INTX
Nado MSFT-PERP
Hotstuff MSFT-PERP
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 | 501.34 | +0.008% | $4.5M | $2.5M | 100x | as long as short |
| Variational Omni MSFT | 0.0000% | 8h | 501.37 | +0.014% | $1.3M | $618K | — | as long as short |
| GRVT MSFT_USDT_Perp | 0.0000% | 8h | 501.40 | +0.020% | $19K | $302K | 10x | as long as short |
| SunX MSFT-USDT | 0.0000% | 8h | 502.21 | +0.182% | $6K | $4.0M | 20x | as long as short |
| Deribit MSFT_USDC-PERPETUAL | 0.0000% | 1h | 501.07 | −0.046% | $27K | $41K | 10x | as long as short |
| HTX MSFT-USDTlong | 0.0000% | 8h | 501.30 | long leg | $58K | $226K | 20x | |
| Phemex MSFTUSDT | 0.0000% | 8h | 501.34 | +0.008% | $2.2M | $778K | 10x | as long as short |
| BloFin MSFT-USDT | +0.0029% | 8h | 501.48 | +0.036% | $189K | $204K | 20x | as long as short |
| Lighter RH MSFT | +0.0032% | 1h | 501.17 | −0.026% | $674K | $2.0M | 20x | as long as short |
| QFEX MSFT-USD | +0.0036% | 1h | 501.31 | +0.002% | $1.2M | $5.5M | 10x | as long as short |
| Arcus MSFT-USD | +0.0040% | 1h | 501.14 | −0.032% | $96K | $111K | 10x | as long as short |
| Vest MSFT-USD-PERP | +0.0046% | 1h | 501.21 | −0.018% | — | $1K | 25x | as long as short |
| Phoenix MSFT | +0.0048% | 1h | 501.15 | −0.030% | $10K | $15K | 20x | as long as short |
| tradeXYZ xyz:MSFT | +0.0050% | 1h | 500.95 | −0.070% | $22.0M | $8.7M | 20x | as long as short |
| Polymarket Perps MSFT-USD | +0.0050% | 1h | 501.03 | −0.054% | $302K | $722K | 10x | as long as short |
| SoDEX MSFT-USD | +0.0050% | 1h | 501.21 | −0.018% | $60K | $3K | 10x | as long as short |
| Ondo Perps MSFT-USD.P | +0.0050% | 1h | 500.98 | −0.064% | $527K | $456K | 15x | as long as short |
| Paradex MSFT-USD-PERP | +0.0058% | 8h | 501.28 | −0.005% | $221 | — | 5x | as long as short |
| KuCoin MSFTUSDTM | +0.0100% | 8h | 500.95 | −0.070% | $1.5M | $20K | 20x | as long as short |
| ApeX Omni MSFTUSDT | +0.0100% | 1h | 501.00 | −0.060% | $159K | $7K | 50x | as long as short |
| Orderly PERP_MSFT_USDC_mythos | +0.0100% | 8h | 501.31 | +0.002% | $8K | — | 10x | as long as short |
| Aevo MSFT-PERP | +0.0104% | 1h | 501.33 | +0.007% | $55 | — | 10x | as long as short |
| Lighter MSFT | +0.0128% | 1h | 501.42 | +0.024% | $1.1M | $489K | 20x | as long as short |
| Injective MSFT/USDC PERP | +0.0220% | 1h | 501.66 | +0.072% | $115K | $45K | 30x | as long as short |
Bitget MSFTUSDT
Variational Omni MSFT
GRVT MSFT_USDT_Perp
SunX MSFT-USDT
Deribit MSFT_USDC-PERPETUAL
Phemex MSFTUSDT
BloFin MSFT-USDT
Lighter RH MSFT
QFEX MSFT-USD
Arcus MSFT-USD
Vest MSFT-USD-PERP
Phoenix MSFT
tradeXYZ xyz:MSFT
Polymarket Perps MSFT-USD
SoDEX MSFT-USD
Ondo Perps MSFT-USD.P
Paradex MSFT-USD-PERP
KuCoin MSFTUSDTM
ApeX Omni MSFTUSDT
Orderly PERP_MSFT_USDC_mythos
Aevo MSFT-PERP
Lighter MSFT
Injective MSFT/USDC PERP