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

MSFT

RWAall MSFT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Vest against QFEX−0.006%7-day average · you buy dearer than you sell
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVest: Active · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX MSFT-USD501.750.0044pay 0.0006% / 1h32m 20s$1.1M$5.9M10x
ShortVest MSFT-USD-PERP501.720.0046get 0.0006% / 1h32m 20s$1K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against QFEX. 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
$0.27
Price spread: −0.006% → 0.000%
−$0.6
Slippage, 4 orders
no order book: not counted
Fee QFEX: 5 bp × 2 orders
−$10
Fee Vest: 1 bp × 2 orders
−$2
Net
−$12.33
Costs to cover
0.120%
Break-even
328.1 days
Slippage unknown: QFEX: live order book, 6 min ago; Vest: 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
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 6 min ago1.20 bp6.2 bp −$66.6 bp −$6613.4 bp −$1,345doesn't fit
Sell Vest no order-book sample
Vest: 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
Coinbase International MSFT-PERP-INTX−0.0008%1h501.13−0.124%$679K$456K10xas long as short
Nado MSFT-PERP−0.0001%1h501.66−0.017%$414K$64K20xas long as short
BloFin MSFT-USDT−0.0001%8h501.60−0.030%$188K$205K20xas long as short
Aster MSFTUSDT0.0000%8h501.80+0.009%$161K$116K20xas long as short
Extended MSFT_24_5-USD0.0000%1h501.81+0.011%$337K$1.0M17xas long as short
Binance MSFTUSDT0.0000%8h501.91+0.032%$15.7M$18.7M20xas long as short
Bybit MSFTUSDT0.0000%8h501.77+0.004%$7.4M$1.6M100xas long as short
OKX MSFT-USDT-SWAP0.0000%8h501.82+0.014%$3.0M$2.3M20xas long as short
Gate MSFT_USDT0.0000%8h501.57−0.036%$3.1M$1.6M100xas long as short
Bitget MSFTUSDT0.0000%8h501.82+0.014%$3.8M$2.2M100xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni MSFT0.0000%8h501.74−0.002%$1.3M$690Kas long as short
GRVT MSFT_USDT_Perp0.0000%8h501.60−0.030%$19K$294K10xas long as short
SunX MSFT-USDT0.0000%8h502.67+0.183%$6K$4.2M20xas long as short
Deribit MSFT_USDC-PERPETUAL0.0000%1h501.62−0.026%$27K$41K10xas long as short
HTX MSFT-USDT0.0000%8h501.45−0.060%$59K$227K20xas long as short
Phemex MSFTUSDT0.0000%8h501.86+0.022%$2.2M$757K10xas long as short
Lighter RH MSFT+0.0032%1h501.74−0.002%$619K$2.0M20xas long as short
QFEX MSFT-USDlong+0.0044%1h501.75long leg$1.1M$5.9M10x
Vest MSFT-USD-PERPshort+0.0046%1h501.72−0.006%$1K25x
tradeXYZ xyz:MSFT+0.0050%1h501.52−0.046%$22.3M$9.1M20xas long as short
Polymarket Perps MSFT-USD+0.0050%1h501.53−0.044%$303K$674K10xas long as short
SoDEX MSFT-USD+0.0050%1h501.80+0.010%$60K$3K10xas long as short
Ondo Perps MSFT-USD.P+0.0050%1h501.39−0.072%$527K$488K15xas long as short
Paradex MSFT-USD-PERP+0.0051%8h501.78+0.007%$2215xas long as short
Phoenix MSFT+0.0080%1h501.66−0.018%$10K$15K20xas long as short
Hotstuff MSFT-PERP+0.0080%1h501.51−0.048%$32K$8K20xas long as short
Lighter MSFT+0.0088%1h501.95+0.040%$1.1M$486K20xas long as short
KuCoin MSFTUSDTM+0.0100%8h501.72−0.006%$1.5M$19K20xas long as short
ApeX Omni MSFTUSDT+0.0100%1h501.19−0.112%$160K$7K50xas long as short
Orderly PERP_MSFT_USDC_mythos+0.0100%8h501.76+0.002%$8K10xas long as short
Aevo MSFT-PERP+0.0104%1h501.73−0.004%$5510xas long as short
Arcus MSFT-USD+0.0212%1h501.51−0.048%$97K$109K10xas long as short
Injective MSFT/USDC PERP+0.0220%1h502.00+0.050%$115K$45K30xas long as short
edgeX MSFTUSDC+0.0365%4h501.58−0.034%$102K$243K10xas long as short