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

MSFT

RWAall MSFT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0004%/8h= −0.5% APRnext payment $0.01 per $10,000 · paid last 24h −0.001%
Price spread now: Vest against SoDEX+0.034%7-day average · you sell dearer than you buy
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 4 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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Vest is 0.034% dearer against SoDEX than usual: you sell high and buy low, +$3 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX MSFT-USD504.750.0050pay 0.0006% / 1h5m 38s$61K$3K10x
ShortVest MSFT-USD-PERP504.920.0046get 0.0006% / 1h5m 38s$1K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
−$0.91
Price spread: +0.034% → 0.000%
$3.37
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Vest: 1 bp × 2 orders
−$2
Net
−$7.54
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: SoDEX: no order-book sample; 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 SoDEX no order-book sample
Sell Vest no order-book sample
SoDEX and 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff MSFT-PERP−0.1600%1h504.46−0.057%$33K$8K20xas long as short
edgeX MSFTUSDC−0.0722%4h504.77+0.004%$103K$243K10xas long as short
Nado MSFT-PERP−0.0034%1h504.58−0.034%$412K$72K20xas long as short
BloFin MSFT-USDT−0.0018%8h504.95+0.040%$203K$222K20xas long as short
Aster MSFTUSDT0.0000%8h504.88+0.027%$166K$118K20xas long as short
Extended MSFT_24_5-USD0.0000%1h504.86+0.023%$328K$1.9M17xas long as short
Binance MSFTUSDT0.0000%8h505.01+0.052%$16.3M$21.8M20xas long as short
Bybit MSFTUSDT0.0000%8h504.62−0.026%$7.3M$2.4M100xas long as short
Gate MSFT_USDT0.0000%8h504.72−0.006%$3.1M$2.0M100xas long as short
Bitget MSFTUSDT0.0000%8h504.67−0.016%$4.0M$3.1M100xas long as short
Show all 34 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni MSFT0.0000%8h504.90+0.030%$1.3M$410Kas long as short
GRVT MSFT_USDT_Perp0.0000%8h504.77+0.004%$19K$326K10xas long as short
SunX MSFT-USDT0.0000%8h505.80+0.208%$6K$3.5M20xas long as short
Coinbase International MSFT-PERP-INTX0.0000%1h504.00−0.149%$712K$662K10xas long as short
HTX MSFT-USDT0.0000%8h504.88+0.026%$49K$247K20xas long as short
Phemex MSFTUSDT0.0000%8h505.14+0.077%$2.3M$943K10xas long as short
Lighter MSFT+0.0032%1h504.71−0.008%$1.2M$526K20xas long as short
Lighter RH MSFT+0.0032%1h504.73−0.004%$729K$1.9M20xas long as short
Vest MSFT-USD-PERPshort+0.0046%1h504.92+0.034%$1K25x
tradeXYZ xyz:MSFT+0.0050%1h504.43−0.063%$22.4M$9.4M20xas long as short
Polymarket Perps MSFT-USD+0.0050%1h504.61−0.028%$319K$675K10xas long as short
SoDEX MSFT-USDlong+0.0050%1h504.75long leg$61K$3K10x
Ondo Perps MSFT-USD.P+0.0050%1h504.57−0.036%$530K$409K15xas long as short
Paradex MSFT-USD-PERP+0.0054%8h504.69−0.012%$2225xas long as short
OKX MSFT-USDT-SWAP+0.0056%8h505.02+0.053%$3.2M$2.8M20xas long as short
QFEX MSFT-USD+0.0058%1h504.85+0.020%$1.2M$4.7M10xas long as short
Phoenix MSFT+0.0079%1h504.29−0.091%$11K$5K20xas long as short
KuCoin MSFTUSDTM+0.0088%8h504.35−0.079%$1.6M$271K20xas long as short
ApeX Omni MSFTUSDT+0.0100%1h504.43−0.063%$161K$7K50xas long as short
Orderly PERP_MSFT_USDC_mythos+0.0100%8h504.79+0.008%$8K10xas long as short
Aevo MSFT-PERP+0.0104%1h504.67−0.017%$5610xas long as short
Deribit MSFT_USDC-PERPETUAL+0.0127%1h504.70−0.010%$30K$47K10xas long as short
Arcus MSFT-USD+0.0190%1h504.71−0.008%$94K$83K10xas long as short
Injective MSFT/USDC PERP+0.0220%1h504.69−0.012%$116K$45K30xas long as short