MSFT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0006%/8h= +0.7% APRnext payment +$0.01 per $10,000 · paid last 24h −0.090%

Price spread now: Hotstuff against Polymarket Perps+0.022%7-day average — · you sell dearer than you buy

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

Long on Polymarket Perps Short on Hotstuff

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHotstuff: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hotstuff is 0.022% dearer against Polymarket Perps than usual: you sell high and buy low, +$2 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps MSFT-USD	501.69	0.0050	pay 0.0006% / 1h	53m 10s	$303K	$678K	10x
Short	Hotstuff MSFT-PERP	501.80	0.0056	get 0.0007% / 1h	53m 10s	$32K	$8K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff against Polymarket Perps. 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 Polymarket PerpsbpFee HotstuffbpOrdersPrice spread, now +0.022%Rate

Funding earned: $1.26
Price spread: +0.022% → 0.000%: $2.19
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: −$9.55
Costs to cover: 0.130%
Break-even: 60.0 days

Slippage unknown: Polymarket Perps: live order book, 25 min ago; Hotstuff: no order-book sample. 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 Polymarket Perps live order book, 25 min ago	1.89 bp	6.0 bp −$6	8.1 bp −$81	10.0 bp −$1,004	doesn't fit
Sell Hotstuff no order-book sample	—	—	—	—	—

Hotstuff: 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
Nado MSFT-PERP	−0.0038%	1h	501.92	+0.045%	$414K	$64K	20x	as long as short
Coinbase International MSFT-PERP-INTX	−0.0016%	1h	501.76	+0.014%	$687K	$450K	10x	as long as short
BloFin MSFT-USDT	−0.0013%	8h	502.18	+0.098%	$188K	$210K	20x	as long as short
Aster MSFTUSDT	0.0000%	8h	502.16	+0.094%	$161K	$116K	20x	as long as short
Extended MSFT_24_5-USD	0.0000%	1h	502.11	+0.083%	$337K	$392K	17x	as long as short
Binance MSFTUSDT	0.0000%	8h	502.21	+0.103%	$15.7M	$19.1M	20x	as long as short
OKX MSFT-USDT-SWAP	0.0000%	8h	502.31	+0.124%	$3.0M	$2.3M	20x	as long as short
Gate MSFT_USDT	0.0000%	8h	501.99	+0.060%	$3.2M	$1.6M	100x	as long as short
Bitget MSFTUSDT	0.0000%	8h	502.20	+0.102%	$3.8M	$2.3M	100x	as long as short
Variational Omni MSFT	0.0000%	8h	502.05	+0.072%	$1.3M	$702K	—	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT MSFT_USDT_Perp	0.0000%	8h	502.12	+0.085%	$19K	$307K	10x	as long as short
SunX MSFT-USDT	0.0000%	8h	502.97	+0.255%	$6K	$4.3M	20x	as long as short
Deribit MSFT_USDC-PERPETUAL	0.0000%	1h	501.90	+0.042%	$27K	$101K	10x	as long as short
HTX MSFT-USDT	0.0000%	8h	502.15	+0.092%	$58K	$228K	20x	as long as short
Phemex MSFTUSDT	0.0000%	8h	502.26	+0.114%	$2.2M	$753K	10x	as long as short
Bybit MSFTUSDT	+0.0021%	8h	502.26	+0.114%	$7.4M	$1.7M	100x	as long as short
Lighter RH MSFT	+0.0032%	1h	502.09	+0.080%	$645K	$2.1M	20x	as long as short
Vest MSFT-USD-PERP	+0.0046%	1h	502.08	+0.078%	—	$1K	25x	as long as short
QFEX MSFT-USD	+0.0049%	1h	502.07	+0.076%	$1.2M	$5.8M	10x	as long as short
tradeXYZ xyz:MSFT	+0.0050%	1h	501.78	+0.018%	$22.3M	$9.6M	20x	as long as short
Polymarket Perps MSFT-USDlong	+0.0050%	1h	501.69	long leg	$303K	$678K	10x
SoDEX MSFT-USD	+0.0050%	1h	502.12	+0.086%	$60K	$3K	10x	as long as short
Ondo Perps MSFT-USD.P	+0.0050%	1h	501.81	+0.024%	$529K	$494K	15x	as long as short
Paradex MSFT-USD-PERP	+0.0055%	8h	502.10	+0.082%	$221	—	5x	as long as short
Hotstuff MSFT-PERPshort	+0.0056%	1h	501.80	+0.022%	$32K	$8K	20x
Phoenix MSFT	+0.0080%	1h	501.80	+0.022%	$10K	$15K	20x	as long as short
KuCoin MSFTUSDTM	+0.0100%	8h	501.60	−0.018%	$1.5M	$19K	20x	as long as short
ApeX Omni MSFTUSDT	+0.0100%	1h	501.86	+0.034%	$160K	$7K	50x	as long as short
Orderly PERP_MSFT_USDC_mythos	+0.0100%	8h	502.01	+0.064%	$8K	—	10x	as long as short
Aevo MSFT-PERP	+0.0104%	1h	502.12	+0.085%	$55	—	10x	as long as short
Lighter MSFT	+0.0144%	1h	502.28	+0.118%	$1.1M	$585K	20x	as long as short
edgeX MSFTUSDC	+0.0216%	4h	502.16	+0.093%	$102K	$242K	10x	as long as short
Injective MSFT/USDC PERP	+0.0220%	1h	502.36	+0.134%	$115K	$45K	30x	as long as short
Arcus MSFT-USD	+0.0286%	1h	502.07	+0.076%	$98K	$108K	10x	as long as short