MSFT

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h +0.005%

Price spread now: SoDEX against Lighter RH+0.012%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 SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 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: +$1 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	501.72	0.0032	pay 0.0004% / 1h	30m 57s	$687K	$2.0M	20x
Short	SoDEX MSFT-USD	501.78	0.0050	get 0.0006% / 1h	30m 57s	$60K	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now +0.012%Rate

Funding earned: $3.78
Price spread: +0.012% → 0.000%: $1.2
Slippage, 4 orders: no order book: not counted
Fee Lighter RH: 0 bp × 2 orders: $0
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$3.02
Costs to cover: 0.080%
Break-even: 12.6 days

Slippage unknown: Lighter RH: live order book, 2 min ago; SoDEX: 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, 2 min ago	1.60 bp	1.9 bp −$2	4.6 bp −$46	39.1 bp −$3,914	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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
Coinbase International MSFT-PERP-INTX	−0.0064%	1h	501.24	−0.096%	$679K	$456K	10x	as long as short
Nado MSFT-PERP	−0.0033%	1h	501.61	−0.023%	$414K	$64K	20x	as long as short
BloFin MSFT-USDT	−0.0011%	8h	501.86	+0.028%	$189K	$204K	20x	as long as short
Aster MSFTUSDT	0.0000%	8h	501.81	+0.019%	$161K	$116K	20x	as long as short
Extended MSFT_24_5-USD	0.0000%	1h	501.77	+0.011%	$338K	$891K	17x	as long as short
Binance MSFTUSDT	0.0000%	8h	501.90	+0.036%	$15.7M	$18.9M	20x	as long as short
Bybit MSFTUSDT	0.0000%	8h	501.79	+0.014%	$7.4M	$1.6M	100x	as long as short
OKX MSFT-USDT-SWAP	0.0000%	8h	501.96	+0.048%	$3.0M	$2.3M	20x	as long as short
Gate MSFT_USDT	0.0000%	8h	501.73	+0.002%	$3.1M	$1.7M	100x	as long as short
Bitget MSFTUSDT	0.0000%	8h	501.82	+0.020%	$4.5M	$2.5M	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	501.82	+0.019%	$1.3M	$650K	—	as long as short
GRVT MSFT_USDT_Perp	0.0000%	8h	501.87	+0.030%	$18K	$297K	10x	as long as short
SunX MSFT-USDT	0.0000%	8h	502.68	+0.191%	$6K	$4.1M	20x	as long as short
Deribit MSFT_USDC-PERPETUAL	0.0000%	1h	501.62	−0.020%	$27K	$41K	10x	as long as short
HTX MSFT-USDT	0.0000%	8h	501.70	−0.004%	$59K	$225K	20x	as long as short
Phemex MSFTUSDT	0.0000%	8h	502.00	+0.056%	$2.2M	$768K	10x	as long as short
Hotstuff MSFT-PERP	+0.0016%	1h	501.38	−0.068%	$32K	$8K	20x	as long as short
QFEX MSFT-USD	+0.0030%	1h	501.72	0.000%	$1.1M	$5.6M	10x	as long as short
Lighter RH MSFTlong	+0.0032%	1h	501.72	long leg	$687K	$2.0M	20x
Arcus MSFT-USD	+0.0040%	1h	501.63	−0.018%	$97K	$110K	10x	as long as short
Vest MSFT-USD-PERP	+0.0046%	1h	501.67	−0.010%	—	$1K	25x	as long as short
tradeXYZ xyz:MSFT	+0.0050%	1h	501.39	−0.066%	$22.1M	$9.1M	20x	as long as short
Polymarket Perps MSFT-USD	+0.0050%	1h	501.48	−0.048%	$302K	$648K	10x	as long as short
SoDEX MSFT-USDshort	+0.0050%	1h	501.78	+0.012%	$60K	$3K	10x
Ondo Perps MSFT-USD.P	+0.0050%	1h	501.26	−0.092%	$525K	$486K	15x	as long as short
Paradex MSFT-USD-PERP	+0.0061%	8h	501.76	+0.007%	$221	—	5x	as long as short
Phoenix MSFT	+0.0064%	1h	501.54	−0.036%	$10K	$15K	20x	as long as short
KuCoin MSFTUSDTM	+0.0100%	8h	501.66	−0.012%	$1.5M	$19K	20x	as long as short
ApeX Omni MSFTUSDT	+0.0100%	1h	501.19	−0.106%	$160K	$7K	50x	as long as short
Orderly PERP_MSFT_USDC_mythos	+0.0100%	8h	501.73	+0.002%	$8K	—	10x	as long as short
Aevo MSFT-PERP	+0.0104%	1h	501.75	+0.006%	$55	—	10x	as long as short
Lighter MSFT	+0.0176%	1h	502.02	+0.060%	$1.1M	$459K	20x	as long as short
Injective MSFT/USDC PERP	+0.0220%	1h	503.24	+0.303%	$115K	$45K	30x	as long as short
edgeX MSFTUSDC	+0.0990%	4h	501.81	+0.019%	$102K	$244K	10x	as long as short