Funding you earn now, next payment 23:00 UTC+0.0054%/8h= +5.9% APRnext payment +$0.07 per $10,000 · paid last 24h +0.002%
Price spread now: Aevo against Ondo Perps+0.093%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 airdropOndo Perps: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Aevo is 0.093% dearer against Ondo Perps than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps MSFT-USD.P | 501.62 | 0.0050 | pay 0.0006% / 1h | 28m 22s | $529K | $493K | 15x |
| Short | Aevo MSFT-PERP | 502.09 | 0.0104 | get 0.0013% / 1h | 28m 22s | $55 | — | 10x |
Ondo Perps MSFT-USD.P
Aevo MSFT-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Ondo Perps. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $11.26
- Price spread: +0.093% → 0.000%
- $9.27
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$0.47
- Costs to cover
- 0.210%
- Break-even
- 7.3 days
Slippage unknown: Ondo Perps: no order-book sample; 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Aevo no order-book sample | — | — | — | — | — |
Ondo Perps and 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 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 | −0.0817% | 4h | 501.97 | +0.069% | $102K | $243K | 10x | as long as short |
| BloFin MSFT-USDT | −0.0009% | 8h | 502.04 | +0.084% | $188K | $209K | 20x | as long as short |
| Aster MSFTUSDT | 0.0000% | 8h | 502.14 | +0.105% | $161K | $116K | 20x | as long as short |
| Extended MSFT_24_5-USD | 0.0000% | 1h | 502.07 | +0.091% | $337K | $407K | 17x | as long as short |
| Binance MSFTUSDT | 0.0000% | 8h | 502.17 | +0.110% | $15.7M | $19.3M | 20x | as long as short |
| OKX MSFT-USDT-SWAP | 0.0000% | 8h | 502.18 | +0.112% | $3.0M | $2.3M | 20x | as long as short |
| Gate MSFT_USDT | 0.0000% | 8h | 501.90 | +0.056% | $3.1M | $1.6M | 100x | as long as short |
| Variational Omni MSFT | 0.0000% | 8h | 501.98 | +0.072% | $1.3M | $708K | — | as long as short |
| GRVT MSFT_USDT_Perp | 0.0000% | 8h | 502.02 | +0.080% | $19K | $318K | 10x | as long as short |
| SunX MSFT-USDT | 0.0000% | 8h | 502.85 | +0.245% | $6K | $4.4M | 20x | as long as short |
edgeX MSFTUSDC
BloFin MSFT-USDT
Aster MSFTUSDT
Extended MSFT_24_5-USD
Binance MSFTUSDT
OKX MSFT-USDT-SWAP
Gate MSFT_USDT
Variational Omni MSFT
GRVT MSFT_USDT_Perp
SunX MSFT-USDTShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International MSFT-PERP-INTX | 0.0000% | 1h | 501.58 | −0.008% | $688K | $449K | 10x | as long as short |
| HTX MSFT-USDT | 0.0000% | 8h | 501.92 | +0.060% | $58K | $228K | 20x | as long as short |
| Phemex MSFTUSDT | 0.0000% | 8h | 502.20 | +0.116% | $2.2M | $763K | 10x | as long as short |
| Bitget MSFTUSDT | +0.0005% | 8h | 502.08 | +0.092% | $3.8M | $2.2M | 100x | as long as short |
| Bybit MSFTUSDT | +0.0021% | 8h | 502.07 | +0.090% | $7.4M | $1.7M | 100x | as long as short |
| Lighter RH MSFT | +0.0032% | 1h | 501.98 | +0.072% | $653K | $2.1M | 20x | as long as short |
| Nado MSFT-PERP | +0.0038% | 1h | 501.87 | +0.050% | $414K | $64K | 20x | as long as short |
| QFEX MSFT-USD | +0.0040% | 1h | 502.04 | +0.084% | $1.1M | $5.8M | 10x | as long as short |
| Vest MSFT-USD-PERP | +0.0046% | 1h | 501.77 | +0.030% | — | $1K | 25x | as long as short |
| Deribit MSFT_USDC-PERPETUAL | +0.0049% | 1h | 501.86 | +0.048% | $27K | $104K | 10x | as long as short |
| tradeXYZ xyz:MSFT | +0.0050% | 1h | 501.73 | +0.022% | $22.3M | $9.9M | 20x | as long as short |
| Polymarket Perps MSFT-USD | +0.0050% | 1h | 501.70 | +0.016% | $306K | $678K | 10x | as long as short |
| SoDEX MSFT-USD | +0.0050% | 1h | 501.99 | +0.074% | $60K | $3K | 10x | as long as short |
| Ondo Perps MSFT-USD.Plong | +0.0050% | 1h | 501.62 | long leg | $529K | $493K | 15x | |
| Paradex MSFT-USD-PERP | +0.0062% | 8h | 502.01 | +0.079% | $221 | — | 5x | as long as short |
| Phoenix MSFT | +0.0080% | 1h | 501.88 | +0.052% | $10K | $15K | 20x | as long as short |
| KuCoin MSFTUSDTM | +0.0100% | 8h | 501.57 | −0.010% | $1.5M | $19K | 20x | as long as short |
| ApeX Omni MSFTUSDT | +0.0100% | 1h | 501.79 | +0.034% | $160K | $7K | 50x | as long as short |
| Orderly PERP_MSFT_USDC_mythos | +0.0100% | 8h | 502.03 | +0.082% | $8K | — | 10x | as long as short |
| Aevo MSFT-PERPshort | +0.0104% | 1h | 502.09 | +0.093% | $55 | — | 10x | |
| Lighter MSFT | +0.0168% | 1h | 502.17 | +0.110% | $1.1M | $590K | 20x | as long as short |
| Hotstuff MSFT-PERP | +0.0184% | 1h | 501.76 | +0.028% | $32K | $8K | 20x | as long as short |
| Arcus MSFT-USD | +0.0200% | 1h | 502.04 | +0.084% | $98K | $109K | 10x | as long as short |
| Injective MSFT/USDC PERP | +0.0220% | 1h | 502.17 | +0.110% | $115K | $45K | 30x | as long as short |
Coinbase International MSFT-PERP-INTX
HTX MSFT-USDT
Phemex MSFTUSDT
Bitget MSFTUSDT
Bybit MSFTUSDT
Lighter RH MSFT
Nado MSFT-PERP
QFEX MSFT-USD
Vest MSFT-USD-PERP
Deribit MSFT_USDC-PERPETUAL
tradeXYZ xyz:MSFT
Polymarket Perps MSFT-USD
SoDEX MSFT-USD
Paradex MSFT-USD-PERP
Phoenix MSFT
KuCoin MSFTUSDTM
ApeX Omni MSFTUSDT
Orderly PERP_MSFT_USDC_mythos
Lighter MSFT
Hotstuff MSFT-PERP
Arcus MSFT-USD
Injective MSFT/USDC PERP