Settings8H · net · $10k
Funding arb · Price arb /

MSFT

RWAall MSFT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0062%/8h= +6.8% APRnext payment +$0.08 per $10,000 · paid last 24h +0.018%
Price spread now: Vest against Nado+0.009%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · Vest: Active · 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado MSFT-PERP503.40−0.0016get 0.0002% / 1h53m 55s$411K$72K20x
ShortVest MSFT-USD-PERP503.440.0046get 0.0006% / 1h53m 55s$1K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against Nado. 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

Funding earned
$12.97
Price spread: +0.009% → 0.000%
$0.89
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Vest: 1 bp × 2 orders
−$2
Net
$4.86
Costs to cover
0.090%
Break-even
4.4 days
Slippage unknown: Nado: live order book, 57 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
LegHalf-spread$10k$100k$1M$5M
Buy Nado live order book, 57 min ago0.89 bp11.3 bp −$1122.7 bp −$227doesn't fitdoesn't fit
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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff MSFT-PERP−0.1600%1h503.33−0.013%$32K$8K20xas long as short
Nado MSFT-PERPlong−0.0016%1h503.40long leg$411K$72K20x
Aster MSFTUSDT0.0000%8h504.21+0.162%$166K$118K20xas long as short
Extended MSFT_24_5-USD0.0000%1h503.46+0.014%$326K$1.9M17xas long as short
Binance MSFTUSDT0.0000%8h503.63+0.047%$16.4M$20.9M20xas long as short
Bybit MSFTUSDT0.0000%8h503.41+0.003%$7.3M$2.3M100xas long as short
Gate MSFT_USDT0.0000%8h503.43+0.007%$3.1M$1.9M100xas long as short
Bitget MSFTUSDT0.0000%8h503.59+0.039%$3.9M$3.0M100xas long as short
Variational Omni MSFT0.0000%8h503.47+0.014%$1.3M$396Kas long as short
SunX MSFT-USDT0.0000%8h504.35+0.190%$6K$3.5M20xas long as short
Show all 34 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit MSFT_USDC-PERPETUAL0.0000%1h503.32−0.015%$30K$47K10xas long as short
Coinbase International MSFT-PERP-INTX0.0000%1h502.80−0.118%$702K$522K10xas long as short
HTX MSFT-USDT0.0000%8h503.44+0.009%$48K$246K20xas long as short
Phemex MSFTUSDT0.0000%8h503.84+0.088%$2.3M$907K10xas long as short
BloFin MSFT-USDT+0.0012%8h503.56+0.033%$202K$212K20xas long as short
Lighter MSFT+0.0032%1h503.46+0.013%$1.2M$480K20xas long as short
Lighter RH MSFT+0.0032%1h503.45+0.011%$692K$1.8M20xas long as short
tradeXYZ xyz:MSFT+0.0032%1h503.09−0.061%$22.5M$9.2M20xas long as short
GRVT MSFT_USDT_Perp+0.0044%8h503.34−0.012%$19K$317K10xas long as short
Vest MSFT-USD-PERPshort+0.0046%1h503.44+0.009%$1K25x
Phoenix MSFT+0.0048%1h502.47−0.184%$11K$5K20xas long as short
Polymarket Perps MSFT-USD+0.0050%1h503.25−0.029%$318K$677K10xas long as short
SoDEX MSFT-USD+0.0050%1h503.43+0.007%$60K$3K10xas long as short
Ondo Perps MSFT-USD.P+0.0050%1h503.04−0.071%$532K$382K15xas long as short
Paradex MSFT-USD-PERP+0.0057%8h503.42+0.006%$2225xas long as short
QFEX MSFT-USD+0.0058%1h503.42+0.005%$1.2M$4.7M10xas long as short
OKX MSFT-USDT-SWAP+0.0064%8h503.66+0.053%$3.2M$2.7M20xas long as short
KuCoin MSFTUSDTM+0.0100%8h503.14−0.051%$1.6M$217K20xas long as short
ApeX Omni MSFTUSDT+0.0100%1h503.07−0.065%$160K$7K50xas long as short
Orderly PERP_MSFT_USDC_mythos+0.0100%8h503.47+0.015%$8K10xas long as short
edgeX MSFTUSDC+0.0101%4h503.12−0.055%$102K$242K10xas long as short
Aevo MSFT-PERP+0.0104%1h503.47+0.015%$5510xas long as short
Arcus MSFT-USD+0.0190%1h503.31−0.017%$93K$83K10xas long as short
Injective MSFT/USDC PERP+0.0220%1h504.07+0.134%$115K$45K30xas long as short