MSFT

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0072%/8h= +7.9% APRnext payment +$0.09 per $10,000 · paid last 24h +0.022%

Price spread now: Aevo against Lighter RH+0.005%7-day average — · you sell dearer than you buy

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

Long on Lighter RH Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter RH: Points live · 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: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH MSFT	501.40	0.0032	pay 0.0004% / 1h	59m 33s	$651K	$2.1M	20x
Short	Aevo MSFT-PERP	501.42	0.0104	get 0.0013% / 1h	59m 33s	$55	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Lighter RH. 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 Lighter RHbpFee AevobpOrdersPrice spread, now +0.005%Rate

Funding earned: $15.12
Price spread: +0.005% → 0.000%: $0.48
Slippage, 4 orders: no order book: not counted
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$0.4
Costs to cover: 0.160%
Break-even: 7.2 days

Slippage unknown: Lighter RH: live order book, 3 min ago; Aevo: 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 Lighter RH live order book, 3 min ago	1.40 bp	1.4 bp −$1	4.5 bp −$45	43.7 bp −$4,367	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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 33 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	−0.0623%	4h	501.59	+0.038%	$102K	$244K	10x	as long as short
Nado MSFT-PERP	−0.0187%	1h	501.48	+0.016%	$414K	$64K	20x	as long as short
Deribit MSFT_USDC-PERPETUAL	−0.0129%	1h	501.25	−0.030%	$27K	$41K	10x	as long as short
Coinbase International MSFT-PERP-INTX	−0.0016%	1h	501.24	−0.032%	$679K	$457K	10x	as long as short
Aster MSFTUSDT	0.0000%	8h	501.74	+0.068%	$161K	$116K	20x	as long as short
Extended MSFT_24_5-USD	0.0000%	1h	501.44	+0.008%	$337K	$889K	17x	as long as short
Binance MSFTUSDT	0.0000%	8h	501.57	+0.034%	$15.6M	$18.8M	20x	as long as short
Bybit MSFTUSDT	0.0000%	8h	501.58	+0.036%	$7.4M	$1.6M	100x	as long as short
OKX MSFT-USDT-SWAP	0.0000%	8h	501.67	+0.054%	$3.0M	$2.3M	20x	as long as short
Gate MSFT_USDT	0.0000%	8h	501.35	−0.010%	$3.1M	$1.6M	100x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget MSFTUSDT	0.0000%	8h	501.61	+0.042%	$4.5M	$2.5M	100x	as long as short
Variational Omni MSFT	0.0000%	8h	501.60	+0.039%	$1.3M	$650K	—	as long as short
GRVT MSFT_USDT_Perp	0.0000%	8h	501.58	+0.036%	$19K	$295K	10x	as long as short
SunX MSFT-USDT	0.0000%	8h	502.31	+0.181%	$6K	$4.1M	20x	as long as short
HTX MSFT-USDT	0.0000%	8h	501.41	+0.002%	$58K	$226K	20x	as long as short
Phemex MSFTUSDT	0.0000%	8h	501.68	+0.056%	$2.2M	$763K	10x	as long as short
tradeXYZ xyz:MSFT	+0.0021%	1h	501.22	−0.036%	$22.1M	$9.3M	20x	as long as short
Lighter RH MSFTlong	+0.0032%	1h	501.40	long leg	$651K	$2.1M	20x
QFEX MSFT-USD	+0.0038%	1h	501.41	+0.002%	$1.1M	$5.7M	10x	as long as short
Arcus MSFT-USD	+0.0040%	1h	501.42	+0.004%	$97K	$109K	10x	as long as short
Vest MSFT-USD-PERP	+0.0046%	1h	501.53	+0.026%	—	$1K	25x	as long as short
Hotstuff MSFT-PERP	+0.0048%	1h	501.22	−0.036%	$32K	$8K	20x	as long as short
Polymarket Perps MSFT-USD	+0.0050%	1h	501.23	−0.034%	$303K	$671K	10x	as long as short
SoDEX MSFT-USD	+0.0050%	1h	501.41	+0.002%	$60K	$3K	10x	as long as short
Ondo Perps MSFT-USD.P	+0.0050%	1h	501.21	−0.038%	$522K	$483K	15x	as long as short
Paradex MSFT-USD-PERP	+0.0053%	8h	501.51	+0.022%	$221	—	5x	as long as short
Phoenix MSFT	+0.0080%	1h	501.41	+0.002%	$10K	$15K	20x	as long as short
KuCoin MSFTUSDTM	+0.0100%	8h	501.36	−0.008%	$1.5M	$19K	20x	as long as short
ApeX Omni MSFTUSDT	+0.0100%	1h	501.22	−0.036%	$160K	$7K	50x	as long as short
Orderly PERP_MSFT_USDC_mythos	+0.0100%	8h	501.48	+0.016%	$8K	—	10x	as long as short
Aevo MSFT-PERPshort	+0.0104%	1h	501.42	+0.005%	$55	—	10x
Lighter MSFT	+0.0120%	1h	501.65	+0.050%	$1.1M	$454K	20x	as long as short
Injective MSFT/USDC PERP	+0.0220%	1h	501.87	+0.094%	$115K	$45K	30x	as long as short