Settings8H · net · $10k
Funding arb · Price arb /

MSFT

RWAall MSFT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0056%/8h= −6.2% APRnext payment $0.56 per $10,000 · paid last 24h −0.016%
Price spread now: HTX against Paradex+0.017%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex MSFT-USD-PERP503.820.0056pay 0.0056% / 8h1h 30m$2225x
ShortHTX MSFT-USDT503.900get 0.0000% / 8h1h 30m$59K$225K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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

Funding earned
−$11.83
Price spread: +0.017% → 0.000%
$1.67
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee HTX: 6 bp × 2 orders
−$12
Net
−$26.16
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Paradex: no order-book sample; HTX: live order book, 11 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Paradex no order-book sample
Sell HTX live order book, 11 min ago2.68 bp8.8 bp −$918.1 bp −$181doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX MSFTUSDC−0.0721%4h503.94+0.024%$103K$244K10xas long as short
Coinbase International MSFT-PERP-INTX−0.0048%1h503.66−0.031%$682K$500K10xas long as short
BloFin MSFT-USDT−0.0027%8h504.03+0.042%$191K$206K20xas long as short
Aster MSFTUSDT0.0000%8h503.66−0.030%$162K$114K20xas long as short
Extended MSFT_24_5-USD0.0000%1h503.87+0.010%$338K$1.2M17xas long as short
Binance MSFTUSDT0.0000%8h503.96+0.028%$15.8M$19.6M20xas long as short
Bybit MSFTUSDT0.0000%8h503.69−0.025%$7.3M$2.3M100xas long as short
OKX MSFT-USDT-SWAP0.0000%8h503.97+0.031%$3.0M$2.4M20xas long as short
Gate MSFT_USDT0.0000%8h503.81−0.001%$3.1M$1.8M100xas long as short
Bitget MSFTUSDT0.0000%8h503.97+0.031%$3.8M$3.0M100xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni MSFT0.0000%8h503.94+0.025%$1.3M$499Kas long as short
GRVT MSFT_USDT_Perp0.0000%8h504.03+0.043%$18K$327K10xas long as short
SunX MSFT-USDT0.0000%8h504.77+0.189%$6K$3.9M20xas long as short
HTX MSFT-USDTshort0.0000%8h503.90+0.017%$59K$225K20x
Phemex MSFTUSDT0.0000%8h503.96+0.029%$2.2M$821K10xas long as short
Nado MSFT-PERP+0.0012%1h503.66−0.031%$415K$67K20xas long as short
Lighter RH MSFT+0.0032%1h503.71−0.021%$701K$2.0M20xas long as short
QFEX MSFT-USD+0.0039%1h503.94+0.025%$1.1M$4.8M10xas long as short
Arcus MSFT-USD+0.0040%1h503.71−0.021%$97K$110K10xas long as short
Vest MSFT-USD-PERP+0.0046%1h503.89+0.015%$1K25xas long as short
tradeXYZ xyz:MSFT+0.0050%1h503.48−0.067%$22.4M$9.0M20xas long as short
Polymarket Perps MSFT-USD+0.0050%1h503.63−0.037%$303K$718K10xas long as short
SoDEX MSFT-USD+0.0050%1h503.83+0.003%$60K$3K10xas long as short
Ondo Perps MSFT-USD.P+0.0050%1h503.54−0.055%$522K$476K15xas long as short
Paradex MSFT-USD-PERPlong+0.0056%8h503.82long leg$2225x
Phoenix MSFT+0.0064%1h503.69−0.025%$11K$15K20xas long as short
KuCoin MSFTUSDTM+0.0100%8h503.40−0.083%$1.6M$60K20xas long as short
ApeX Omni MSFTUSDT+0.0100%1h503.48−0.067%$160K$7K50xas long as short
Orderly PERP_MSFT_USDC_mythos+0.0100%8h503.77−0.009%$8K10xas long as short
Hotstuff MSFT-PERP+0.0104%1h503.57−0.049%$32K$8K20xas long as short
Aevo MSFT-PERP+0.0104%1h503.83+0.003%$5510xas long as short
Deribit MSFT_USDC-PERPETUAL+0.0127%1h503.70−0.023%$27K$43K10xas long as short
Lighter MSFT+0.0136%1h503.95+0.027%$1.2M$514K20xas long as short
Injective MSFT/USDC PERP+0.0220%1h504.21+0.078%$115K$45K30xas long as short