MSFT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0044%/8h= −4.8% APRnext payment −$0.44 per $10,000 · paid last 24h −0.002%

Price spread now: Paradex against KuCoin+0.084%7-day average — · you sell dearer than you buy

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

Long on KuCoin Short on Paradex

What this pair did over the last

the charts below follow

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 airdropParadex: Active · farm boardneeds both histories

The price spread pays, funding is against you. Paradex is 0.084% dearer against KuCoin than usual: you sell high and buy low (spread +0.084% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin MSFTUSDTM	501.55	0.0100	pay 0.0100% / 8h	1h 47m	$1.5M	$19K	20x
Short	Paradex MSFT-USD-PERP	501.97	0.0056	get 0.0056% / 8h	1h 47m	$221	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against KuCoin. 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 KuCoinbpFee ParadexbpOrdersPrice spread, now +0.084%Rate

Funding earned: −$9.27
Price spread: +0.084% → 0.000%: $8.43
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$16.84
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 3 min ago; Paradex: 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 KuCoin live order book, 3 min ago	8.48 bp	76.4 bp −$76	doesn't fit	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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	−0.0510%	4h	502.15	+0.120%	$102K	$243K	10x	as long as short
Hotstuff MSFT-PERP	−0.0072%	1h	501.70	+0.030%	$32K	$8K	20x	as long as short
Nado MSFT-PERP	−0.0003%	1h	501.75	+0.040%	$414K	$64K	20x	as long as short
Aster MSFTUSDT	0.0000%	8h	502.01	+0.092%	$161K	$116K	20x	as long as short
Extended MSFT_24_5-USD	0.0000%	1h	502.02	+0.095%	$372K	$369K	17x	as long as short
Binance MSFTUSDT	0.0000%	8h	502.10	+0.110%	$15.7M	$19.3M	20x	as long as short
OKX MSFT-USDT-SWAP	0.0000%	8h	502.21	+0.132%	$3.0M	$2.3M	20x	as long as short
Gate MSFT_USDT	0.0000%	8h	501.83	+0.056%	$3.1M	$1.5M	100x	as long as short
Bitget MSFTUSDT	0.0000%	8h	502.09	+0.108%	$3.8M	$2.2M	100x	as long as short
Variational Omni MSFT	0.0000%	8h	502.15	+0.120%	$1.3M	$710K	—	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT MSFT_USDT_Perp	0.0000%	8h	502.05	+0.100%	$19K	$321K	10x	as long as short
SunX MSFT-USDT	0.0000%	8h	502.94	+0.277%	$6K	$4.4M	20x	as long as short
Coinbase International MSFT-PERP-INTX	0.0000%	1h	501.58	+0.006%	$688K	$449K	10x	as long as short
HTX MSFT-USDT	0.0000%	8h	501.89	+0.068%	$59K	$229K	20x	as long as short
Phemex MSFTUSDT	0.0000%	8h	502.39	+0.167%	$2.2M	$770K	10x	as long as short
Bybit MSFTUSDT	+0.0004%	8h	502.08	+0.106%	$7.4M	$1.7M	100x	as long as short
Deribit MSFT_USDC-PERPETUAL	+0.0009%	1h	501.66	+0.022%	$27K	$104K	10x	as long as short
BloFin MSFT-USDT	+0.0022%	8h	502.12	+0.114%	$188K	$210K	20x	as long as short
Lighter RH MSFT	+0.0032%	1h	501.98	+0.086%	$653K	$2.1M	20x	as long as short
QFEX MSFT-USD	+0.0040%	1h	502.11	+0.112%	$1.1M	$5.8M	10x	as long as short
Vest MSFT-USD-PERP	+0.0046%	1h	501.89	+0.068%	—	—	25x	as long as short
tradeXYZ xyz:MSFT	+0.0050%	1h	501.65	+0.020%	$22.3M	$10.0M	20x	as long as short
Polymarket Perps MSFT-USD	+0.0050%	1h	501.60	+0.010%	$305K	$684K	10x	as long as short
SoDEX MSFT-USD	+0.0050%	1h	501.97	+0.084%	$60K	$3K	10x	as long as short
Ondo Perps MSFT-USD.P	+0.0050%	1h	501.79	+0.048%	$530K	$494K	15x	as long as short
Paradex MSFT-USD-PERPshort	+0.0056%	8h	501.97	+0.084%	$221	—	5x
Phoenix MSFT	+0.0080%	1h	501.67	+0.024%	$10K	$15K	20x	as long as short
Lighter MSFT	+0.0096%	1h	502.15	+0.120%	$1.1M	$589K	20x	as long as short
KuCoin MSFTUSDTMlong	+0.0100%	8h	501.55	long leg	$1.5M	$19K	20x
ApeX Omni MSFTUSDT	+0.0100%	1h	501.54	−0.002%	$160K	$7K	50x	as long as short
Orderly PERP_MSFT_USDC_mythos	+0.0100%	8h	501.96	+0.082%	$8K	—	10x	as long as short
Aevo MSFT-PERP	+0.0104%	1h	502.07	+0.104%	$55	—	10x	as long as short
Arcus MSFT-USD	+0.0200%	1h	501.94	+0.078%	$110K	$90K	10x	as long as short
Injective MSFT/USDC PERP	+0.0220%	1h	503.17	+0.323%	$115K	$45K	30x	as long as short