MSFT

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	PhemexMSFTUSDT	514.99	0	0.0000% / 8h	41m 57s	$2.0M	$730K	10x	Long Phemex
SHORT	AvantisMSFT/USD	513.79	L +0.0050S −0.0050	get 0.0006% / 1h	41m 57s	$60K	—	25x	Short Avantis

Price gap−0.233%

Funding gap+0.0050% /8h

Funding pays +$1 a day on $10k, but the gap is 0.233% under zero (no 7-day history yet): −$23 if it goes back, about 16 days of funding. At the last 7 days' pace that is about 31 days.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$5+0.0050% /8h now · paid +0.052% over the last 7D

Price—spread −0.233% now · no price history on both exchanges yet

Costsno datano order book for Avantis

Result, before costs—+ Points / potential airdropAvantis: Season 3 · farm boardneeds both price histories

Price and funding

1h · history

Price spread

Prices

Fundingper 8h

PRICE SPREAD · 7D

Now−0.233%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

MSFT on 35 exchanges

lowest funding first

Before you open

1 ok · 3 to watch

Note: Order book unknown—
No order-book sample for Avantis: its slippage is not counted.
Note: Margin at max leverage$1,000 + $400
Phemex 10x, Avantis 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ8h / 1h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: +$1.50Long Phemex: 3 payments, $0.00; short Avantis: 24 payments, +$1.50.
Note: No 7-day spread history−0.233%
The gap cannot be compared with its average yet.
Watch: Short leg is thinner$60K vs $2.0M OI
Avantis sets your exit cost. Check its book before closing.
OK: Points on a legAvantis Season 3
Volume here counts toward the points program.
Watch: KYCPhemex Yes · Avantis No
KYC unlocks spot and futures trading; an unverified account cannot withdraw at all.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0025%/8h × 21 periods+$5.21

Price spread−0.233% → 0−$23.30

Slippage, 4 ordersno data for Avantis—

Fee Phemex bp × 2 orders−$12.00

Fee Avantis bp × 2 orders−$9.00

Net, fees only · 7 days · $10k−$39.09

Costs to cover0.210%Break-even59.5 days

Slippage: Phemex: live order book, 2 min ago; Avantis: no order-book sample

Cost to enter

taker + slippage from mid, one side

BUY · LONGPhemex4.5732.9 bp−$33109.1 bp−$1,091doesn’t fitdoesn’t fit

SELL · SHORTAvantis—————

Closing costs about the same again.
Avantis: no data.

MSFT news

posts that mention MSFT or Microsoft, from every exchangeSearch all news →

09-30 18:40	Hotstuff	Listing	MSFT-PERP no longer reported ($MSFT) seen by our collector
09-29 10:22	BingX	Other	Microsoft’s AI push is giving $MSFT a lift 👀 A Copilot overhaul and plans to monetize AI agents are fueling the move. What’s behind the rally? Get the breakdown👇 @BingXOfficial on X ↗
09-26 10:40	Kalshi	Other	JUST IN: Microsoft CEO says the "biggest issue" with AI now is whether people "trust it," not whether it works @Kalshi on X ↗
09-25 15:01	Vest Markets	Other	Trade $MSFT volatility with a Vest Capital funded account and access up to $25k in trading capital at: @VestExchange on X ↗
09-25 15:01	Vest Markets	Other	$MSFT is up around 3.6% today, with Microsoft revamping Copilot to add coding and always-on agent tools. The update bundles Code, Cowork and an Autopilot agent into one app with Word, Excel and PowerPoint embedded, priced by usage rather than a $30 monthly add-on. Fewer than 7% of Microsoft's more than 450 million commercial Office 365 seats carry the Copilot add-on. @VestExchange on X ↗
09-23 06:40	Kalshi	Other	JUST IN: Microsoft to give Pentagon's DARPA hands-on access to its new quantum system @Kalshi on X ↗