TxFlow Level Up: trade perps and earn up to 300 USDC at $4M volume. Until Nov 2 Join
Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG523.87+0.0137pay 0.0017% / 1h42m 43s$294K$145K20xLong Nado20% off
SHORT522.94L +0.0050S −0.0050get 0.0006% / 1h42m 43s$63K—25xShort Avantis
Price gap−0.177%
Funding gap−0.0087% /8h

Both sides work against this direction now: funding costs $3 a day on $10k and the gap is 0.177% under zero (no 7-day history yet). Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$10−0.0087% /8h now · paid −0.096% over the last 7D
Price—spread −0.177% now · no price history on both exchanges yet
Costsno datano order book for Avantis
Result, before costs—+ Points / potential airdropNado: points · Avantis: Season 3 · farm boardneeds both price histories

Price and funding

1h · history
PRICE SPREAD · 7D
Now−0.177%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

MSFT on 39 exchanges

lowest funding first

Before you open

3 ok · 1 to watch
  • Note: Order book unknown—
    No order-book sample for Avantis: its slippage is not counted.
  • Note: Margin at max leverage$500 + $400
    Nado 20x, Avantis 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval1h / 1h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: −$2.62Long Nado: 24 payments, −$4.11; short Avantis: 24 payments, +$1.49.
  • Note: No 7-day spread history−0.177%
    The gap cannot be compared with its average yet.
  • Watch: Short leg is thinner$63K vs $294K OI
    Avantis sets your exit cost. Check its book before closing.
  • OK: Points on a legNado points · Avantis Season 3
    Volume here counts toward the points program.
  • OK: No KYC on either legNado No · Avantis No
    Both exchanges let you trade without ID.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0046%/8h × 21 periods−$9.64
Price spread−0.177% → 0−$17.69
Slippage, 4 ordersno data for Avantis—
Fee Nado bp × 2 orders−$7.00
Fee Avantis bp × 2 orders−$9.00
Net, fees only · 7 days · $10k−$43.32
Costs to cover0.160%Break-evennever at this rate
Slippage: Nado: live order book, 4 min ago; Avantis: no order-book sample

Cost to enter

taker + slippage from mid, one side
BUY · LONGNado0.294.9 bp−$520.4 bp−$204doesn’t fitdoesn’t fit
SELL · SHORTAvantis—————

Closing costs about the same again.
Avantis: no data.

Alert

MSFT news

posts that mention MSFT or Microsoft, from every exchangeSearch all news →
10-30 18:30KalshiOtherJUST IN: Microsoft expects fewer than 3,000 employees to accept buyouts @Kalshi on X ↗
10-29 15:13BingXOtherMicrosoft's AI cloud business grew 48% in one year. The stock is up 3% before the open. Your outlook on AI stocks? $MSFT @BingXOfficial on X ↗
10-29 11:54KalshiOtherJUST IN: Microsoft eyes raising up to $25 billion from US bond sale @Kalshi on X ↗
10-29 09:00MEXCOther🤖 Same AI bet, opposite market reactions. 🟢 $MSFT: +4% | Cloud revenue +30% 🔴 $GOOGL: -8% | Free cash flow -$9.07B Tech companies spend big on AI, but investors reward returns. Who's winning the AI race? 👇 @MEXC on X ↗
10-29 02:30MEXCOtherSame earnings day. Very different candles. 👀 $GOOGL: 🟢 Google Cloud revenue: +103% YoY 🔴 Free cash flow: -$9.1B $MSFT: 🟢 Azure revenue: +48% YoY 🟢 Free cash flow: +$18.6B Will the split hold into the U.S. open? 👇 #MEXC @MEXC on X ↗
10-28 20:30Markets by KinetiqOtherTrade $GOOGL & $MSFT 24/7 on @Markets_xyz on X ↗