Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against HTX+0.014%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$380.378% of the position
Funding, last 7 days+0.015%+$2 on $10k
+Price spread, last 3 days (all we have)−0.052%−$5 · spread now +0.014%, 7d avg +0.018%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX MSFT-USDT | 501.52 | 0 | get 0.0000% / 8h | 2h 37m | $59K | $230K | 20x |
| Short | Bitget MSFTUSDT | 501.59 | 0 | get 0.0000% / 8h | 2h 37m | $3.8M | $2.2M | 100x |
HTX MSFT-USDT
Bitget MSFTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: +0.014% → +0.018%
- −$0.44
- Slippage, 4 orders
- −$13.84
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$38.27
- Costs to cover
- 0.378%
- Break-even
- never at this rate
Slippage from HTX: live order book, 48 min ago; Bitget: live order book, 5 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, 48 min ago | 2.79 bp | 8.8 bp −$9 | 16.5 bp −$165 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 0.60 bp | 9.8 bp −$10 | 14.1 bp −$141 | 38.7 bp −$3,873 | 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 | −0.0605% | 4h | 501.69 | +0.034% | $102K | $242K | 10x | as long as short |
| Nado MSFT-PERP | −0.0050% | 1h | 501.49 | −0.006% | $414K | $64K | 20x | as long as short |
| Coinbase International MSFT-PERP-INTX | −0.0040% | 1h | 501.71 | +0.038% | $689K | $431K | 10x | as long as short |
| Aster MSFTUSDT | 0.0000% | 8h | 502.01 | +0.098% | $161K | $116K | 20x | as long as short |
| Extended MSFT_24_5-USD | 0.0000% | 1h | 501.62 | +0.020% | $372K | $369K | 17x | as long as short |
| Binance MSFTUSDT | 0.0000% | 8h | 501.67 | +0.030% | $15.7M | $19.2M | 20x | as long as short |
| Bybit MSFTUSDT | 0.0000% | 8h | 501.74 | +0.044% | $7.4M | $1.7M | 100x | as long as short |
| OKX MSFT-USDT-SWAP | 0.0000% | 8h | 501.68 | +0.032% | $3.0M | $2.3M | 20x | as long as short |
| Gate MSFT_USDT | 0.0000% | 8h | 501.33 | −0.038% | $3.1M | $1.5M | 100x | as long as short |
| Bitget MSFTUSDTshort | 0.0000% | 8h | 501.59 | +0.014% | $3.8M | $2.2M | 100x |
edgeX MSFTUSDC
Nado MSFT-PERP
Coinbase International MSFT-PERP-INTX
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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni MSFT | 0.0000% | 8h | 501.70 | +0.036% | $1.3M | $724K | — | as long as short |
| GRVT MSFT_USDT_Perp | 0.0000% | 8h | 501.63 | +0.022% | $18K | $330K | 10x | as long as short |
| SunX MSFT-USDT | 0.0000% | 8h | 502.43 | +0.181% | $6K | $4.4M | 20x | as long as short |
| Deribit MSFT_USDC-PERPETUAL | 0.0000% | 1h | 501.56 | +0.008% | $27K | $108K | 10x | as long as short |
| HTX MSFT-USDTlong | 0.0000% | 8h | 501.52 | long leg | $59K | $230K | 20x | |
| Phemex MSFTUSDT | 0.0000% | 8h | 501.83 | +0.062% | $2.2M | $758K | 10x | as long as short |
| BloFin MSFT-USDT | +0.0002% | 8h | 501.68 | +0.032% | $189K | $209K | 20x | as long as short |
| Lighter MSFT | +0.0032% | 1h | 501.63 | +0.022% | $1.1M | $653K | 20x | as long as short |
| Lighter RH MSFT | +0.0032% | 1h | 501.51 | −0.002% | $665K | $2.2M | 20x | as long as short |
| Hotstuff MSFT-PERP | +0.0032% | 1h | 501.35 | −0.034% | $32K | $8K | 20x | as long as short |
| Vest MSFT-USD-PERP | +0.0046% | 1h | 501.69 | +0.034% | — | — | 25x | as long as short |
| tradeXYZ xyz:MSFT | +0.0050% | 1h | 501.37 | −0.030% | $22.2M | $9.9M | 20x | as long as short |
| Polymarket Perps MSFT-USD | +0.0050% | 1h | 501.20 | −0.064% | $304K | $672K | 10x | as long as short |
| SoDEX MSFT-USD | +0.0050% | 1h | 501.61 | +0.018% | $60K | $3K | 10x | as long as short |
| Paradex MSFT-USD-PERP | +0.0050% | 8h | 501.57 | +0.010% | $221 | — | 5x | as long as short |
| Ondo Perps MSFT-USD.P | +0.0050% | 1h | 501.27 | −0.050% | $515K | $479K | 15x | as long as short |
| QFEX MSFT-USD | +0.0050% | 1h | 501.63 | +0.022% | $1.2M | $5.7M | 10x | as long as short |
| Phoenix MSFT | +0.0096% | 1h | 501.50 | −0.004% | $10K | $15K | 20x | as long as short |
| KuCoin MSFTUSDTM | +0.0100% | 8h | 501.47 | −0.010% | $1.5M | $19K | 20x | as long as short |
| ApeX Omni MSFTUSDT | +0.0100% | 1h | 501.31 | −0.042% | $160K | $7K | 50x | as long as short |
| Orderly PERP_MSFT_USDC_mythos | +0.0100% | 8h | 501.59 | +0.014% | $8K | — | 10x | as long as short |
| Aevo MSFT-PERP | +0.0104% | 1h | 501.63 | +0.023% | $55 | — | 10x | as long as short |
| Injective MSFT/USDC PERP | +0.0220% | 1h | 501.96 | +0.088% | $115K | $45K | 30x | as long as short |
| Arcus MSFT-USD | +0.0531% | 1h | 501.49 | −0.006% | $109K | $90K | 10x | as long as short |
Variational Omni MSFT
GRVT MSFT_USDT_Perp
SunX MSFT-USDT
Deribit MSFT_USDC-PERPETUAL
Phemex MSFTUSDT
BloFin MSFT-USDT
Lighter MSFT
Lighter RH MSFT
Hotstuff MSFT-PERP
Vest MSFT-USD-PERP
tradeXYZ xyz:MSFT
Polymarket Perps MSFT-USD
SoDEX MSFT-USD
Paradex MSFT-USD-PERP
Ondo Perps MSFT-USD.P
QFEX MSFT-USD
Phoenix MSFT
KuCoin MSFTUSDTM
ApeX Omni MSFTUSDT
Orderly PERP_MSFT_USDC_mythos
Aevo MSFT-PERP
Injective MSFT/USDC PERP
Arcus MSFT-USD