MSFT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0061%/8h= −6.7% APRnext payment −$0.61 per $10,000 · paid last 24h −0.028%

Price spread now: GRVT against Paradex+0.007%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 GRVT

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 · GRVT: 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	502.02	0.0061	pay 0.0061% / 8h	1h 27m	$221	—	5x
Short	GRVT MSFT_USDT_Perp	502.05	0	get 0.0000% / 8h	1h 27m	$19K	$318K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now +0.007%Rate

Funding earned: −$12.88
Price spread: +0.007% → 0.000%: $0.67
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$25.2
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; GRVT: live order book, 55 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 GRVT live order book, 55 min ago	1.39 bp	7.5 bp −$8	14.2 bp −$142	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
BloFin MSFT-USDT	−0.0023%	8h	502.16	+0.029%	$188K	$209K	20x	as long as short
Aster MSFTUSDT	0.0000%	8h	502.12	+0.021%	$161K	$116K	20x	as long as short
Extended MSFT_24_5-USD	0.0000%	1h	502.07	+0.010%	$337K	$407K	17x	as long as short
Binance MSFTUSDT	0.0000%	8h	502.16	+0.028%	$15.7M	$19.3M	20x	as long as short
OKX MSFT-USDT-SWAP	0.0000%	8h	502.18	+0.033%	$3.0M	$2.3M	20x	as long as short
Gate MSFT_USDT	0.0000%	8h	501.92	−0.019%	$3.1M	$1.6M	100x	as long as short
Variational Omni MSFT	0.0000%	8h	501.98	−0.007%	$1.3M	$708K	—	as long as short
GRVT MSFT_USDT_Perpshort	0.0000%	8h	502.05	+0.007%	$19K	$318K	10x
SunX MSFT-USDT	0.0000%	8h	502.92	+0.180%	$6K	$4.4M	20x	as long as short
Deribit MSFT_USDC-PERPETUAL	0.0000%	1h	501.87	−0.029%	$27K	$104K	10x	as long as short

Show 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	−0.087%	$688K	$449K	10x	as long as short
HTX MSFT-USDT	0.0000%	8h	502.03	+0.003%	$58K	$228K	20x	as long as short
Phemex MSFTUSDT	0.0000%	8h	502.45	+0.086%	$2.2M	$763K	10x	as long as short
Bitget MSFTUSDT	+0.0005%	8h	502.08	+0.013%	$3.8M	$2.2M	100x	as long as short
Bybit MSFTUSDT	+0.0019%	8h	502.17	+0.031%	$7.4M	$1.7M	100x	as long as short
Lighter RH MSFT	+0.0032%	1h	502.00	−0.003%	$652K	$2.1M	20x	as long as short
Nado MSFT-PERP	+0.0034%	1h	501.90	−0.023%	$414K	$64K	20x	as long as short
QFEX MSFT-USD	+0.0040%	1h	502.04	+0.005%	$1.1M	$5.8M	10x	as long as short
Vest MSFT-USD-PERP	+0.0046%	1h	501.89	−0.025%	—	$1K	25x	as long as short
tradeXYZ xyz:MSFT	+0.0050%	1h	501.74	−0.055%	$22.3M	$9.9M	20x	as long as short
Polymarket Perps MSFT-USD	+0.0050%	1h	501.71	−0.061%	$306K	$678K	10x	as long as short
SoDEX MSFT-USD	+0.0050%	1h	502.07	+0.011%	$60K	$3K	10x	as long as short
Ondo Perps MSFT-USD.P	+0.0050%	1h	501.76	−0.051%	$529K	$493K	15x	as long as short
Paradex MSFT-USD-PERPlong	+0.0061%	8h	502.02	long leg	$221	—	5x
Phoenix MSFT	+0.0080%	1h	501.88	−0.027%	$10K	$15K	20x	as long as short
KuCoin MSFTUSDTM	+0.0100%	8h	501.58	−0.087%	$1.5M	$19K	20x	as long as short
ApeX Omni MSFTUSDT	+0.0100%	1h	501.89	−0.025%	$160K	$7K	50x	as long as short
Orderly PERP_MSFT_USDC_mythos	+0.0100%	8h	502.03	+0.003%	$8K	—	10x	as long as short
Aevo MSFT-PERP	+0.0104%	1h	502.08	+0.012%	$55	—	10x	as long as short
Lighter MSFT	+0.0160%	1h	502.16	+0.029%	$1.1M	$590K	20x	as long as short
Arcus MSFT-USD	+0.0200%	1h	502.04	+0.005%	$98K	$109K	10x	as long as short
Injective MSFT/USDC PERP	+0.0220%	1h	502.17	+0.031%	$115K	$45K	30x	as long as short
Hotstuff MSFT-PERP	+0.0224%	1h	501.79	−0.045%	$32K	$8K	20x	as long as short
edgeX MSFTUSDC	+0.0633%	4h	502.01	−0.001%	$102K	$242K	10x	as long as short