MSFT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0052%/8h= −5.7% APRnext payment −$0.52 per $10,000 · paid last 24h −0.017%

Price spread now: Binance against Paradex+0.016%7-day average — · you sell dearer than you buy

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

Long on Paradex Short on Binance

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: 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.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex MSFT-USD-PERP	502.06	0.0052	pay 0.0052% / 8h	7h 56m	$221	—	5x
Short	Binance MSFTUSDT	502.14	0	get 0.0000% / 8h	7h 56m	$15.7M	$18.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Paradex. 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 ParadexbpFee BinancebpOrdersPrice spread, now +0.016%Rate

Funding earned: −$10.87
Price spread: +0.016% → 0.000%: $1.57
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Binance: 5 bp × 2 orders: −$10
Net: −$23.31
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; Binance: live order book, 14 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 Paradex no order-book sample	—	—	—	—	—
Sell Binance live order book, 14 min ago	0.30 bp	7.0 bp −$7	10.4 bp −$104	42.5 bp −$4,250	doesn't fit

Paradex: 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	−0.0008%	1h	501.76	−0.060%	$687K	$448K	10x	as long as short
BloFin MSFT-USDT	−0.0002%	8h	501.85	−0.042%	$188K	$207K	20x	as long as short
Aster MSFTUSDT	0.0000%	8h	501.70	−0.072%	$161K	$116K	20x	as long as short
Extended MSFT_24_5-USD	0.0000%	1h	502.01	−0.009%	$337K	$378K	17x	as long as short
Binance MSFTUSDTshort	0.0000%	8h	502.14	+0.016%	$15.7M	$18.8M	20x
OKX MSFT-USDT-SWAP	0.0000%	8h	502.19	+0.026%	$3.0M	$2.3M	20x	as long as short
Gate MSFT_USDT	0.0000%	8h	501.62	−0.088%	$3.1M	$1.6M	100x	as long as short
Bitget MSFTUSDT	0.0000%	8h	501.89	−0.034%	$3.8M	$2.2M	100x	as long as short
Variational Omni MSFT	0.0000%	8h	501.66	−0.080%	$1.3M	$692K	—	as long as short
GRVT MSFT_USDT_Perp	0.0000%	8h	501.74	−0.064%	$18K	$294K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX MSFT-USDT	0.0000%	8h	502.65	+0.117%	$6K	$4.2M	20x	as long as short
Deribit MSFT_USDC-PERPETUAL	0.0000%	1h	501.72	−0.068%	$27K	$71K	10x	as long as short
HTX MSFT-USDT	0.0000%	8h	501.67	−0.078%	$59K	$227K	20x	as long as short
Phemex MSFTUSDT	0.0000%	8h	502.00	−0.012%	$2.2M	$750K	10x	as long as short
Nado MSFT-PERP	+0.0018%	1h	501.74	−0.064%	$414K	$64K	20x	as long as short
Lighter RH MSFT	+0.0032%	1h	501.53	−0.106%	$618K	$2.0M	20x	as long as short
QFEX MSFT-USD	+0.0044%	1h	502.03	−0.006%	$1.2M	$5.9M	10x	as long as short
Vest MSFT-USD-PERP	+0.0046%	1h	501.63	−0.086%	—	$1K	25x	as long as short
tradeXYZ xyz:MSFT	+0.0050%	1h	501.53	−0.106%	$22.3M	$9.4M	20x	as long as short
Polymarket Perps MSFT-USD	+0.0050%	1h	501.53	−0.106%	$303K	$673K	10x	as long as short
SoDEX MSFT-USD	+0.0050%	1h	501.80	−0.052%	$60K	$3K	10x	as long as short
Ondo Perps MSFT-USD.P	+0.0050%	1h	501.66	−0.080%	$529K	$492K	15x	as long as short
Paradex MSFT-USD-PERPlong	+0.0052%	8h	502.06	long leg	$221	—	5x
Lighter MSFT	+0.0064%	1h	501.76	−0.060%	$1.1M	$486K	20x	as long as short
Phoenix MSFT	+0.0080%	1h	501.72	−0.068%	$10K	$15K	20x	as long as short
KuCoin MSFTUSDTM	+0.0100%	8h	501.49	−0.114%	$1.5M	$19K	20x	as long as short
ApeX Omni MSFTUSDT	+0.0100%	1h	501.37	−0.138%	$160K	$7K	50x	as long as short
Orderly PERP_MSFT_USDC_mythos	+0.0100%	8h	501.76	−0.060%	$8K	—	10x	as long as short
Aevo MSFT-PERP	+0.0104%	1h	501.74	−0.064%	$55	—	10x	as long as short
Hotstuff MSFT-PERP	+0.0128%	1h	501.56	−0.100%	$32K	$8K	20x	as long as short
Arcus MSFT-USD	+0.0212%	1h	501.77	−0.058%	$97K	$109K	10x	as long as short
Injective MSFT/USDC PERP	+0.0220%	1h	502.20	+0.028%	$115K	$45K	30x	as long as short
Bybit MSFTUSDT	+0.0272%	8h	502.19	+0.026%	$7.4M	$1.7M	100x	as long as short
edgeX MSFTUSDC	+0.0374%	4h	501.86	−0.040%	$102K	$242K	10x	as long as short