Funding you earn now, next payment 09:00 UTC+0.0002%/8h= +0.2% APRpaid last 24h 0.000%
Price spread now: Paradex against SoDEX+0.009%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX MSFT-USD | 503.89 | 0.0050 | pay 0.0006% / 1h | 41m 42s | $61K | $3K | 10x |
| Short | Paradex MSFT-USD-PERP | 503.94 | 0.0052 | get 0.0052% / 8h | 7h 41m | $222 | — | 5x |
SoDEX MSFT-USD
Paradex MSFT-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex against SoDEX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0.38
- Price spread: +0.009% → 0.000%
- $0.91
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$10.7
- Costs to cover
- 0.120%
- Break-even
- 203.6 days
Slippage unknown: SoDEX: no order-book sample; Paradex: 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Paradex no order-book sample | — | — | — | — | — |
SoDEX and 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado MSFT-PERP | −0.0071% | 1h | 503.79 | −0.019% | $415K | $67K | 20x | as long as short |
| Coinbase International MSFT-PERP-INTX | −0.0056% | 1h | 503.83 | −0.012% | $682K | $494K | 10x | as long as short |
| BloFin MSFT-USDT | −0.0003% | 8h | 503.97 | +0.016% | $191K | $205K | 20x | as long as short |
| Aster MSFTUSDT | 0.0000% | 8h | 504.34 | +0.090% | $162K | $114K | 20x | as long as short |
| Extended MSFT_24_5-USD | 0.0000% | 1h | 504.01 | +0.024% | $338K | $1.9M | 17x | as long as short |
| Binance MSFTUSDT | 0.0000% | 8h | 504.14 | +0.050% | $15.9M | $19.0M | 20x | as long as short |
| Bybit MSFTUSDT | 0.0000% | 8h | 503.91 | +0.004% | $7.2M | $2.3M | 100x | as long as short |
| OKX MSFT-USDT-SWAP | 0.0000% | 8h | 504.20 | +0.062% | $3.0M | $2.4M | 20x | as long as short |
| Gate MSFT_USDT | 0.0000% | 8h | 503.84 | −0.010% | $3.2M | $1.8M | 100x | as long as short |
| Bitget MSFTUSDT | 0.0000% | 8h | 504.07 | +0.036% | $3.9M | $2.9M | 100x | as long as short |
Nado MSFT-PERP
Coinbase International MSFT-PERP-INTX
BloFin MSFT-USDT
Aster MSFTUSDT
Extended MSFT_24_5-USD
Binance MSFTUSDT
Bybit MSFTUSDT
OKX MSFT-USDT-SWAP
Gate MSFT_USDT
Bitget MSFTUSDTShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni MSFT | 0.0000% | 8h | 504.21 | +0.064% | $1.3M | $401K | — | as long as short |
| GRVT MSFT_USDT_Perp | 0.0000% | 8h | 504.19 | +0.059% | $19K | $316K | 10x | as long as short |
| SunX MSFT-USDT | 0.0000% | 8h | 504.96 | +0.212% | $6K | $3.6M | 20x | as long as short |
| Deribit MSFT_USDC-PERPETUAL | 0.0000% | 1h | 503.84 | −0.010% | $27K | $44K | 10x | as long as short |
| HTX MSFT-USDT | 0.0000% | 8h | 503.98 | +0.018% | $59K | $224K | 20x | as long as short |
| Phemex MSFTUSDT | 0.0000% | 8h | 504.45 | +0.111% | $2.2M | $829K | 10x | as long as short |
| Phoenix MSFT | +0.0016% | 1h | 504.00 | +0.022% | $11K | $15K | 20x | as long as short |
| QFEX MSFT-USD | +0.0023% | 1h | 503.99 | +0.020% | $1.1M | $4.6M | 10x | as long as short |
| Lighter MSFT | +0.0032% | 1h | 504.01 | +0.024% | $1.2M | $510K | 20x | as long as short |
| Lighter RH MSFT | +0.0032% | 1h | 503.97 | +0.016% | $697K | $1.9M | 20x | as long as short |
| Arcus MSFT-USD | +0.0040% | 1h | 503.86 | −0.006% | $97K | $110K | 10x | as long as short |
| Vest MSFT-USD-PERP | +0.0046% | 1h | 504.06 | +0.034% | — | $1K | 25x | as long as short |
| tradeXYZ xyz:MSFT | +0.0050% | 1h | 503.70 | −0.038% | $22.4M | $9.0M | 20x | as long as short |
| Polymarket Perps MSFT-USD | +0.0050% | 1h | 503.65 | −0.048% | $303K | $654K | 10x | as long as short |
| SoDEX MSFT-USDlong | +0.0050% | 1h | 503.89 | long leg | $61K | $3K | 10x | |
| Ondo Perps MSFT-USD.P | +0.0050% | 1h | 503.50 | −0.077% | $514K | $410K | 15x | as long as short |
| Paradex MSFT-USD-PERPshort | +0.0052% | 8h | 503.94 | +0.009% | $222 | — | 5x | |
| edgeX MSFTUSDC | +0.0079% | 4h | 504.22 | +0.065% | $103K | $244K | 10x | as long as short |
| KuCoin MSFTUSDTM | +0.0100% | 8h | 503.73 | −0.032% | $1.6M | $101K | 20x | as long as short |
| ApeX Omni MSFTUSDT | +0.0100% | 1h | 503.66 | −0.046% | $160K | $7K | 50x | as long as short |
| Orderly PERP_MSFT_USDC_mythos | +0.0100% | 8h | 504.07 | +0.036% | $8K | — | 10x | as long as short |
| Aevo MSFT-PERP | +0.0104% | 1h | 503.97 | +0.015% | $55 | — | 10x | as long as short |
| Hotstuff MSFT-PERP | +0.0112% | 1h | 503.84 | −0.010% | $33K | $8K | 20x | as long as short |
| Injective MSFT/USDC PERP | +0.0220% | 1h | 505.94 | +0.407% | $116K | $45K | 30x | as long as short |
Variational Omni MSFT
GRVT MSFT_USDT_Perp
SunX MSFT-USDT
Deribit MSFT_USDC-PERPETUAL
HTX MSFT-USDT
Phemex MSFTUSDT
Phoenix MSFT
QFEX MSFT-USD
Lighter MSFT
Lighter RH MSFT
Arcus MSFT-USD
Vest MSFT-USD-PERP
tradeXYZ xyz:MSFT
Polymarket Perps MSFT-USD
Ondo Perps MSFT-USD.P
edgeX MSFTUSDC
KuCoin MSFTUSDTM
ApeX Omni MSFTUSDT
Orderly PERP_MSFT_USDC_mythos
Aevo MSFT-PERP
Hotstuff MSFT-PERP
Injective MSFT/USDC PERP