MSFT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%

Price spread now: Bitget against Orderly+0.010%7-day average — · you sell dearer than you buy

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

Long on Orderly Short on Bitget

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—needs 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: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_MSFT_USDC_mythos	501.64	0.0100	pay 0.0100% / 8h	4m 20s	$8K	—	10x
Short	Bitget MSFTUSDT	501.69	0	get 0.0000% / 8h	4m 20s	$3.8M	$2.3M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Orderly. 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 OrderlybpFee BitgetbpOrdersPrice spread, now +0.010%Rate

Funding earned: −$21
Price spread: +0.010% → 0.000%: $1
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$38
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; Bitget: live order book, 4 min ago. 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 Orderly no order-book sample	—	—	—	—	—
Sell Bitget live order book, 4 min ago	1.69 bp	10.1 bp −$10	12.9 bp −$129	41.5 bp −$4,152	doesn't fit

Orderly: 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	−0.0978%	4h	501.69	+0.010%	$102K	$243K	10x	as long as short
Nado MSFT-PERP	−0.0021%	1h	501.42	−0.043%	$414K	$64K	20x	as long as short
BloFin MSFT-USDT	−0.0020%	8h	501.74	+0.020%	$188K	$209K	20x	as long as short
Coinbase International MSFT-PERP-INTX	−0.0016%	1h	501.76	+0.024%	$687K	$449K	10x	as long as short
Hotstuff MSFT-PERP	−0.0008%	1h	501.34	−0.060%	$32K	$8K	20x	as long as short
Aster MSFTUSDT	0.0000%	8h	501.77	+0.025%	$161K	$116K	20x	as long as short
Extended MSFT_24_5-USD	0.0000%	1h	501.60	−0.008%	$337K	$387K	17x	as long as short
Binance MSFTUSDT	0.0000%	8h	501.69	+0.010%	$15.6M	$19.0M	20x	as long as short
OKX MSFT-USDT-SWAP	0.0000%	8h	501.89	+0.050%	$3.0M	$2.3M	20x	as long as short
Gate MSFT_USDT	0.0000%	8h	501.41	−0.046%	$3.1M	$1.7M	100x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget MSFTUSDTshort	0.0000%	8h	501.69	+0.010%	$3.8M	$2.3M	100x
Variational Omni MSFT	0.0000%	8h	501.68	+0.007%	$1.3M	$692K	—	as long as short
GRVT MSFT_USDT_Perp	0.0000%	8h	501.83	+0.037%	$18K	$295K	10x	as long as short
SunX MSFT-USDT	0.0000%	8h	502.51	+0.173%	$6K	$4.3M	20x	as long as short
HTX MSFT-USDT	0.0000%	8h	501.61	−0.006%	$58K	$228K	20x	as long as short
Phemex MSFTUSDT	0.0000%	8h	501.99	+0.070%	$2.2M	$747K	10x	as long as short
Bybit MSFTUSDT	+0.0030%	8h	501.81	+0.034%	$7.4M	$1.7M	100x	as long as short
Lighter RH MSFT	+0.0032%	1h	501.58	−0.012%	$619K	$2.1M	20x	as long as short
Vest MSFT-USD-PERP	+0.0046%	1h	501.53	−0.022%	—	$1K	25x	as long as short
QFEX MSFT-USD	+0.0049%	1h	501.65	+0.002%	$1.2M	$5.9M	10x	as long as short
tradeXYZ xyz:MSFT	+0.0050%	1h	501.31	−0.066%	$22.3M	$9.4M	20x	as long as short
Polymarket Perps MSFT-USD	+0.0050%	1h	501.31	−0.066%	$303K	$678K	10x	as long as short
SoDEX MSFT-USD	+0.0050%	1h	501.64	0.000%	$60K	$3K	10x	as long as short
Ondo Perps MSFT-USD.P	+0.0050%	1h	501.22	−0.084%	$529K	$493K	15x	as long as short
Paradex MSFT-USD-PERP	+0.0052%	8h	501.62	−0.004%	$221	—	5x	as long as short
Deribit MSFT_USDC-PERPETUAL	+0.0069%	1h	501.56	−0.016%	$27K	$102K	10x	as long as short
Phoenix MSFT	+0.0080%	1h	501.51	−0.026%	$10K	$15K	20x	as long as short
KuCoin MSFTUSDTM	+0.0100%	8h	501.16	−0.096%	$1.5M	$19K	20x	as long as short
ApeX Omni MSFTUSDT	+0.0100%	1h	501.46	−0.036%	$160K	$7K	50x	as long as short
Orderly PERP_MSFT_USDC_mythoslong	+0.0100%	8h	501.64	long leg	$8K	—	10x
Aevo MSFT-PERP	+0.0104%	1h	501.64	0.000%	$55	—	10x	as long as short
Lighter MSFT	+0.0160%	1h	501.80	+0.032%	$1.1M	$586K	20x	as long as short
Injective MSFT/USDC PERP	+0.0220%	1h	502.31	+0.134%	$115K	$45K	30x	as long as short
Arcus MSFT-USD	+0.0286%	1h	501.59	−0.010%	$97K	$109K	10x	as long as short