MSFT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0087%/8h= −9.5% APRnext payment −$0.87 per $10,000 · paid last 24h −0.016%

Price spread now: BloFin against Paradex+0.062%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 BloFin

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 pays, funding is against you. BloFin is 0.062% dearer against Paradex than usual: you sell high and buy low (spread +0.062% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex MSFT-USD-PERP	501.85	0.0059	pay 0.0059% / 8h	1h 16m	$221	—	5x
Short	BloFin MSFT-USDT	502.16	−0.0028	pay 0.0028% / 8h	1h 16m	$188K	$210K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.062%Rate

Funding earned: −$18.2
Price spread: +0.062% → 0.000%: $6.19
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$28
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; BloFin: live order book, 59 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 BloFin live order book, 59 min ago	0.80 bp	8.6 bp −$9	11.6 bp −$116	doesn't fit	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
edgeX MSFTUSDC	−0.0696%	4h	502.08	+0.047%	$102K	$243K	10x	as long as short
BloFin MSFT-USDTshort	−0.0028%	8h	502.16	+0.062%	$188K	$210K	20x
Aster MSFTUSDT	0.0000%	8h	502.09	+0.048%	$161K	$116K	20x	as long as short
Extended MSFT_24_5-USD	0.0000%	1h	501.98	+0.027%	$337K	$392K	17x	as long as short
Binance MSFTUSDT	0.0000%	8h	502.08	+0.046%	$15.7M	$19.2M	20x	as long as short
OKX MSFT-USDT-SWAP	0.0000%	8h	501.97	+0.024%	$3.0M	$2.3M	20x	as long as short
Gate MSFT_USDT	0.0000%	8h	501.86	+0.002%	$3.1M	$1.6M	100x	as long as short
Bitget MSFTUSDT	0.0000%	8h	502.12	+0.054%	$3.8M	$2.2M	100x	as long as short
Variational Omni MSFT	0.0000%	8h	502.09	+0.047%	$1.3M	$702K	—	as long as short
GRVT MSFT_USDT_Perp	0.0000%	8h	502.10	+0.051%	$19K	$312K	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	502.78	+0.185%	$6K	$4.3M	20x	as long as short
Deribit MSFT_USDC-PERPETUAL	0.0000%	1h	501.78	−0.014%	$27K	$100K	10x	as long as short
Coinbase International MSFT-PERP-INTX	0.0000%	1h	501.58	−0.054%	$688K	$449K	10x	as long as short
HTX MSFT-USDT	0.0000%	8h	501.94	+0.018%	$59K	$228K	20x	as long as short
Phemex MSFTUSDT	0.0000%	8h	502.24	+0.078%	$2.2M	$758K	10x	as long as short
Nado MSFT-PERP	+0.0006%	1h	501.68	−0.034%	$414K	$64K	20x	as long as short
Bybit MSFTUSDT	+0.0018%	8h	502.07	+0.044%	$7.4M	$1.7M	100x	as long as short
Lighter RH MSFT	+0.0032%	1h	501.82	−0.006%	$652K	$2.1M	20x	as long as short
QFEX MSFT-USD	+0.0040%	1h	501.97	+0.024%	$1.1M	$5.8M	10x	as long as short
Vest MSFT-USD-PERP	+0.0046%	1h	501.95	+0.020%	—	$1K	25x	as long as short
tradeXYZ xyz:MSFT	+0.0050%	1h	501.66	−0.038%	$22.3M	$9.7M	20x	as long as short
Polymarket Perps MSFT-USD	+0.0050%	1h	501.56	−0.058%	$305K	$674K	10x	as long as short
SoDEX MSFT-USD	+0.0050%	1h	501.92	+0.014%	$60K	$3K	10x	as long as short
Ondo Perps MSFT-USD.P	+0.0050%	1h	501.77	−0.016%	$529K	$493K	15x	as long as short
Paradex MSFT-USD-PERPlong	+0.0059%	8h	501.85	long leg	$221	—	5x
Phoenix MSFT	+0.0080%	1h	501.89	+0.008%	$10K	$15K	20x	as long as short
Hotstuff MSFT-PERP	+0.0080%	1h	501.73	−0.024%	$32K	$8K	20x	as long as short
KuCoin MSFTUSDTM	+0.0100%	8h	501.50	−0.070%	$1.5M	$19K	20x	as long as short
ApeX Omni MSFTUSDT	+0.0100%	1h	501.77	−0.016%	$160K	$7K	50x	as long as short
Orderly PERP_MSFT_USDC_mythos	+0.0100%	8h	501.99	+0.028%	$8K	—	10x	as long as short
Aevo MSFT-PERP	+0.0104%	1h	502.05	+0.039%	$55	—	10x	as long as short
Lighter MSFT	+0.0128%	1h	502.00	+0.030%	$1.1M	$590K	20x	as long as short
Arcus MSFT-USD	+0.0200%	1h	501.89	+0.008%	$98K	$109K	10x	as long as short
Injective MSFT/USDC PERP	+0.0220%	1h	502.30	+0.090%	$115K	$45K	30x	as long as short