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+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.015%
Price spread now: ApeX Omni against SoDEX−0.018%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 feesneeds 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
LongSoDEX MSFT-USD503.350.0050pay 0.0006% / 1h17m 01s$60K$3K10x
ShortApeX Omni MSFTUSDT503.260.0100get 0.0013% / 1h17m 01s$160K$7K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against SoDEX. 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
$10.5
Price spread: −0.018% → 0.000%
−$1.79
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$9.29
Costs to cover
0.180%
Break-even
13.2 days
Slippage unknown: SoDEX: no order-book sample; ApeX Omni: live order book, 19 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 SoDEX no order-book sample
Sell ApeX Omni live order book, 19 min ago5.07 bp10.1 bp −$1058.8 bp −$588doesn't fitdoesn't fit
SoDEX: 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
Nado MSFT-PERP−0.0046%1h503.39+0.008%$414K$67K20xas long as short
Deribit MSFT_USDC-PERPETUAL−0.0028%1h503.350.000%$27K$44K10xas long as short
BloFin MSFT-USDT−0.0023%8h503.65+0.060%$191K$206K20xas long as short
Aster MSFTUSDT0.0000%8h503.78+0.085%$162K$114K20xas long as short
Extended MSFT_24_5-USD0.0000%1h503.55+0.041%$339K$1.9M17xas long as short
Binance MSFTUSDT0.0000%8h503.66+0.062%$15.8M$19.1M20xas long as short
Bybit MSFTUSDT0.0000%8h503.36+0.002%$7.2M$2.3M100xas long as short
OKX MSFT-USDT-SWAP0.0000%8h503.67+0.064%$3.0M$2.4M20xas long as short
Gate MSFT_USDT0.0000%8h503.45+0.020%$3.1M$1.9M100xas long as short
Bitget MSFTUSDT0.0000%8h503.62+0.054%$3.8M$2.9M100xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni MSFT0.0000%8h503.52+0.033%$1.3M$404Kas long as short
GRVT MSFT_USDT_Perp0.0000%8h503.58+0.046%$19K$322K10xas long as short
SunX MSFT-USDT0.0000%8h504.35+0.199%$6K$3.8M20xas long as short
Coinbase International MSFT-PERP-INTX0.0000%1h503.16−0.038%$681K$447K10xas long as short
HTX MSFT-USDT0.0000%8h503.45+0.020%$59K$225K20xas long as short
Phemex MSFTUSDT0.0000%8h503.79+0.087%$2.2M$817K10xas long as short
tradeXYZ xyz:MSFT+0.0002%1h503.24−0.022%$22.4M$8.9M20xas long as short
Lighter MSFT+0.0032%1h503.62+0.054%$1.2M$532K20xas long as short
Lighter RH MSFT+0.0032%1h503.49+0.028%$708K$1.9M20xas long as short
QFEX MSFT-USD+0.0037%1h503.48+0.026%$1.1M$4.6M10xas long as short
Arcus MSFT-USD+0.0040%1h503.33−0.004%$97K$110K10xas long as short
Vest MSFT-USD-PERP+0.0046%1h503.74+0.077%$1K25xas long as short
Polymarket Perps MSFT-USD+0.0050%1h503.19−0.032%$303K$717K10xas long as short
SoDEX MSFT-USDlong+0.0050%1h503.35long leg$60K$3K10x
Ondo Perps MSFT-USD.P+0.0050%1h503.24−0.022%$512K$429K15xas long as short
Paradex MSFT-USD-PERP+0.0052%8h503.47+0.023%$2225xas long as short
Phoenix MSFT+0.0064%1h503.38+0.006%$11K$15K20xas long as short
KuCoin MSFTUSDTM+0.0100%8h502.92−0.085%$1.6M$69K20xas long as short
ApeX Omni MSFTUSDTshort+0.0100%1h503.26−0.018%$160K$7K50x
Orderly PERP_MSFT_USDC_mythos+0.0100%8h503.52+0.034%$8K10xas long as short
Aevo MSFT-PERP+0.0104%1h503.53+0.035%$5510xas long as short
Hotstuff MSFT-PERP+0.0112%1h503.16−0.038%$32K$8K20xas long as short
Injective MSFT/USDC PERP+0.0220%1h504.86+0.300%$116K$45K30xas long as short
edgeX MSFTUSDC+0.0999%4h503.56+0.042%$102K$244K10xas long as short