Funding you earn now, next payment 06:00 UTC−0.0174%/8h= −19.1% APRnext payment −$0.22 per $10,000 · paid last 24h −0.052%
Price spread now: Vest against Injective−0.020%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective MSFT/USDC PERP | 503.24 | 0.0220 | pay 0.0028% / 1h | 53m 05s | $115K | $45K | 30x |
| Short | Vest MSFT-USD-PERP | 503.14 | 0.0046 | get 0.0006% / 1h | 53m 05s | — | $1K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Vest against Injective. 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
- −$36.61
- Price spread: −0.020% → 0.000%
- −$1.99
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$40.61
- Costs to cover
- 0.020%
- Break-even
- never at this rate
Slippage unknown: Injective: live order book, 61 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 Injective live order book, 61 min ago | 9.98 bp | 10.0 bp −$10 | 10.0 bp −$100 | 65077.0 bp −$6.51M | 365383.9 bp −$182.69M |
| 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff MSFT-PERP | −0.0064% | 1h | 502.66 | −0.115% | $32K | $8K | 20x | as long as short |
| Coinbase International MSFT-PERP-INTX | −0.0064% | 1h | 503.29 | +0.010% | $685K | $461K | 10x | as long as short |
| Nado MSFT-PERP | −0.0039% | 1h | 502.79 | −0.089% | $412K | $66K | 20x | as long as short |
| Aster MSFTUSDT | 0.0000% | 8h | 502.83 | −0.081% | $161K | $116K | 20x | as long as short |
| Extended MSFT_24_5-USD | 0.0000% | 1h | 503.03 | −0.041% | $341K | $1.2M | 17x | as long as short |
| Binance MSFTUSDT | 0.0000% | 8h | 503.14 | −0.020% | $15.8M | $19.3M | 20x | as long as short |
| Bybit MSFTUSDT | 0.0000% | 8h | 502.88 | −0.072% | $7.2M | $2.2M | 100x | as long as short |
| OKX MSFT-USDT-SWAP | 0.0000% | 8h | 503.34 | +0.020% | $3.0M | $2.3M | 20x | as long as short |
| Gate MSFT_USDT | 0.0000% | 8h | 502.82 | −0.083% | $3.1M | $1.7M | 100x | as long as short |
| Bitget MSFTUSDT | 0.0000% | 8h | 503.10 | −0.028% | $4.4M | $2.6M | 100x | as long as short |
Show all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni MSFT | 0.0000% | 8h | 503.19 | −0.011% | $1.3M | $493K | — | as long as short |
| GRVT MSFT_USDT_Perp | 0.0000% | 8h | 503.45 | +0.043% | $19K | $307K | 10x | as long as short |
| SunX MSFT-USDT | 0.0000% | 8h | 503.94 | +0.139% | $6K | $4.0M | 20x | as long as short |
| Deribit MSFT_USDC-PERPETUAL | 0.0000% | 1h | 502.78 | −0.091% | $27K | $42K | 10x | as long as short |
| HTX MSFT-USDT | 0.0000% | 8h | 503.09 | −0.030% | $59K | $225K | 20x | as long as short |
| Phemex MSFTUSDT | 0.0000% | 8h | 503.50 | +0.052% | $2.2M | $791K | 10x | as long as short |
| BloFin MSFT-USDT | +0.0008% | 8h | 503.16 | −0.016% | $190K | $205K | 20x | as long as short |
| Phoenix MSFT | +0.0016% | 1h | 503.13 | −0.022% | $11K | $15K | 20x | as long as short |
| Lighter RH MSFT | +0.0032% | 1h | 502.83 | −0.081% | $679K | $2.0M | 20x | as long as short |
| QFEX MSFT-USD | +0.0036% | 1h | 503.13 | −0.022% | $1.1M | $4.8M | 10x | as long as short |
| Arcus MSFT-USD | +0.0040% | 1h | 503.04 | −0.040% | $97K | $110K | 10x | as long as short |
| Vest MSFT-USD-PERPshort | +0.0046% | 1h | 503.14 | −0.020% | — | $1K | 25x | |
| tradeXYZ xyz:MSFT | +0.0050% | 1h | 502.63 | −0.121% | $22.2M | $8.9M | 20x | as long as short |
| Polymarket Perps MSFT-USD | +0.0050% | 1h | 502.84 | −0.079% | $303K | $713K | 10x | as long as short |
| SoDEX MSFT-USD | +0.0050% | 1h | 502.93 | −0.062% | $60K | $3K | 10x | as long as short |
| Ondo Perps MSFT-USD.P | +0.0050% | 1h | 502.66 | −0.115% | $513K | $463K | 15x | as long as short |
| Paradex MSFT-USD-PERP | +0.0052% | 8h | 502.96 | −0.056% | $221 | — | 5x | as long as short |
| Lighter MSFT | +0.0056% | 1h | 503.10 | −0.028% | $1.2M | $495K | 20x | as long as short |
| KuCoin MSFTUSDTM | +0.0100% | 8h | 502.90 | −0.068% | $1.6M | $57K | 20x | as long as short |
| ApeX Omni MSFTUSDT | +0.0100% | 1h | 503.22 | −0.004% | $160K | $7K | 50x | as long as short |
| Orderly PERP_MSFT_USDC_mythos | +0.0100% | 8h | 502.95 | −0.058% | $8K | — | 10x | as long as short |
| Aevo MSFT-PERP | +0.0104% | 1h | 503.01 | −0.046% | $55 | — | 10x | as long as short |
| Injective MSFT/USDC PERPlong | +0.0220% | 1h | 503.24 | long leg | $115K | $45K | 30x | |
| edgeX MSFTUSDC | +0.0882% | 4h | 503.11 | −0.026% | $102K | $243K | 10x | as long as short |
Injective MSFT/USDC PERP
Coinbase International MSFT-PERP-INTX
Aster MSFTUSDT
Extended MSFT_24_5-USD
Binance MSFTUSDT
Bybit MSFTUSDT
OKX MSFT-USDT-SWAP
Gate MSFT_USDT
Bitget MSFTUSDT
Variational Omni MSFT
GRVT MSFT_USDT_Perp
SunX MSFT-USDT
Deribit MSFT_USDC-PERPETUAL
HTX MSFT-USDT
Phemex MSFTUSDT
BloFin MSFT-USDT
Phoenix MSFT
Lighter RH MSFT
tradeXYZ xyz:MSFT
Polymarket Perps MSFT-USD
SoDEX MSFT-USD
Paradex MSFT-USD-PERP
Lighter MSFT
KuCoin MSFTUSDTM
ApeX Omni MSFTUSDT
edgeX MSFTUSDC