MSFT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0054%/8h= +5.9% APRnext payment +$0.54 per $10,000 · paid last 24h +0.016%

Price spread now: Paradex against SunX−0.208%7-day average — · you buy dearer than you sell

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

Long on SunX Short on Paradex

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 days—no price history on both exchanges yet

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

Funding pays, the price is against you. Paradex is 0.208% cheaper against SunX than usual: you would sell low and buy high (spread −0.208% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$21 on $10k: about 13 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX MSFT-USDT	504.61	0	get 0.0000% / 8h	38m 05s	$6K	$3.8M	20x
Short	Paradex MSFT-USD-PERP	503.56	0.0054	get 0.0054% / 8h	38m 05s	$222	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against SunX. 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 SunXbpFee ParadexbpOrdersPrice spread, now −0.208%Rate

Funding earned: $11.27
Price spread: −0.208% → 0.000%: −$20.84
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$21.58
Costs to cover: 0.120%
Break-even: 20.4 days

Slippage unknown: SunX: live order book, 10 min ago; 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 SunX live order book, 10 min ago	29.14 bp	110.4 bp −$110	doesn't fit	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

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	−0.0027%	1h	503.37	−0.245%	$414K	$67K	20x	as long as short
BloFin MSFT-USDT	−0.0004%	8h	503.82	−0.157%	$190K	$206K	20x	as long as short
Aster MSFTUSDT	0.0000%	8h	503.66	−0.188%	$162K	$114K	20x	as long as short
Extended MSFT_24_5-USD	0.0000%	1h	503.64	−0.192%	$338K	$1.9M	17x	as long as short
Binance MSFTUSDT	0.0000%	8h	503.78	−0.165%	$15.8M	$19.1M	20x	as long as short
Bybit MSFTUSDT	0.0000%	8h	503.44	−0.232%	$7.3M	$2.2M	100x	as long as short
OKX MSFT-USDT-SWAP	0.0000%	8h	503.80	−0.161%	$3.0M	$2.4M	20x	as long as short
Hotstuff MSFT-PERP	0.0000%	1h	503.25	−0.270%	$32K	$8K	20x	as long as short
Gate MSFT_USDT	0.0000%	8h	503.54	−0.212%	$3.1M	$1.8M	100x	as long as short
Bitget MSFTUSDT	0.0000%	8h	503.64	−0.192%	$3.8M	$2.9M	100x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni MSFT	0.0000%	8h	503.60	−0.201%	$1.3M	$414K	—	as long as short
GRVT MSFT_USDT_Perp	0.0000%	8h	503.63	−0.195%	$19K	$323K	10x	as long as short
SunX MSFT-USDTlong	0.0000%	8h	504.61	long leg	$6K	$3.8M	20x
Coinbase International MSFT-PERP-INTX	0.0000%	1h	502.97	−0.325%	$682K	$454K	10x	as long as short
HTX MSFT-USDT	0.0000%	8h	503.66	−0.188%	$59K	$226K	20x	as long as short
Phemex MSFTUSDT	0.0000%	8h	503.86	−0.149%	$2.2M	$820K	10x	as long as short
Lighter MSFT	+0.0032%	1h	503.63	−0.194%	$1.2M	$532K	20x	as long as short
Lighter RH MSFT	+0.0032%	1h	503.51	−0.218%	$707K	$1.9M	20x	as long as short
QFEX MSFT-USD	+0.0037%	1h	503.65	−0.190%	$1.2M	$4.7M	10x	as long as short
Arcus MSFT-USD	+0.0040%	1h	503.44	−0.232%	$97K	$110K	10x	as long as short
Vest MSFT-USD-PERP	+0.0046%	1h	503.73	−0.174%	—	$1K	25x	as long as short
tradeXYZ xyz:MSFT	+0.0050%	1h	503.25	−0.270%	$22.4M	$8.8M	20x	as long as short
Polymarket Perps MSFT-USD	+0.0050%	1h	503.38	−0.244%	$303K	$717K	10x	as long as short
SoDEX MSFT-USD	+0.0050%	1h	503.57	−0.206%	$60K	$3K	10x	as long as short
Ondo Perps MSFT-USD.P	+0.0050%	1h	503.20	−0.279%	$512K	$428K	15x	as long as short
Paradex MSFT-USD-PERPshort	+0.0054%	8h	503.56	−0.208%	$222	—	5x
Phoenix MSFT	+0.0064%	1h	503.41	−0.238%	$11K	$15K	20x	as long as short
KuCoin MSFTUSDTM	+0.0100%	8h	503.08	−0.303%	$1.6M	$63K	20x	as long as short
ApeX Omni MSFTUSDT	+0.0100%	1h	503.18	−0.283%	$160K	$7K	50x	as long as short
Orderly PERP_MSFT_USDC_mythos	+0.0100%	8h	503.64	−0.192%	$8K	—	10x	as long as short
Aevo MSFT-PERP	+0.0104%	1h	503.68	−0.184%	$55	—	10x	as long as short
Injective MSFT/USDC PERP	+0.0220%	1h	504.82	+0.042%	$116K	$45K	30x	as long as short
Deribit MSFT_USDC-PERPETUAL	+0.0227%	1h	503.61	−0.198%	$27K	$44K	10x	as long as short
edgeX MSFTUSDC	+0.0729%	4h	503.60	−0.201%	$102K	$243K	10x	as long as short