Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.003%
Price spread now: Aster against Variational Omni+0.056%7-day average +0.013% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.019%+$2 on $10k
+Price spread, last 4 days (all we have)−0.125%−$13 · spread now +0.056%, 7d avg +0.013%
=Together, before fees−0.106%+ Points / potential airdropVariational Omni: Active · Aster: Stage 5 · farm board−$11 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.043% dearer against Variational Omni than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.013%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni MSFT | 501.59 | 0 | get 0.0000% / 8h | 6h 08m | $1.3M | $682K | — |
| Short | Aster MSFTUSDT | 501.87 | 0 | get 0.0000% / 8h | 6h 08m | $161K | $116K | 20x |
Variational Omni MSFT
Aster MSFTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Variational Omni. 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
- Price spread: +0.056% → +0.013%
- $4.26
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$3.74
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Aster: live order book, 58 min ago. 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 Variational Omni RFQ quote, 1 min ago | 2.53 bp | doesn't fit | 18.6 bp −$186 | doesn't fit | doesn't fit |
| Sell Aster live order book, 58 min ago | 9.77 bp | 18.0 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
MSFT on 33 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX MSFTUSDC | −0.0465% | 4h | 501.59 | 0.000% | $102K | $242K | 10x | as long as short |
| Nado MSFT-PERP | −0.0022% | 1h | 501.64 | +0.010% | $414K | $64K | 20x | as long as short |
| Coinbase International MSFT-PERP-INTX | −0.0016% | 1h | 501.24 | −0.069% | $679K | $457K | 10x | as long as short |
| Aster MSFTUSDTshort | 0.0000% | 8h | 501.87 | +0.056% | $161K | $116K | 20x | |
| Extended MSFT_24_5-USD | 0.0000% | 1h | 501.60 | +0.002% | $337K | $899K | 17x | as long as short |
| Binance MSFTUSDT | 0.0000% | 8h | 501.72 | +0.026% | $15.6M | $18.8M | 20x | as long as short |
| Bybit MSFTUSDT | 0.0000% | 8h | 501.83 | +0.048% | $7.4M | $1.6M | 100x | as long as short |
| OKX MSFT-USDT-SWAP | 0.0000% | 8h | 501.90 | +0.062% | $3.0M | $2.3M | 20x | as long as short |
| Gate MSFT_USDT | 0.0000% | 8h | 501.59 | +0.001% | $3.1M | $1.7M | 100x | as long as short |
| Bitget MSFTUSDT | 0.0000% | 8h | 501.75 | +0.032% | $4.5M | $2.5M | 100x | as long as short |
edgeX MSFTUSDC
Nado MSFT-PERP
Coinbase International MSFT-PERP-INTX
Extended MSFT_24_5-USD
Binance MSFTUSDT
Bybit MSFTUSDT
OKX MSFT-USDT-SWAP
Gate MSFT_USDT
Bitget MSFTUSDTShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni MSFTlong | 0.0000% | 8h | 501.59 | long leg | $1.3M | $682K | — | |
| GRVT MSFT_USDT_Perp | 0.0000% | 8h | 501.75 | +0.033% | $18K | $296K | 10x | as long as short |
| SunX MSFT-USDT | 0.0000% | 8h | 502.56 | +0.194% | $6K | $4.1M | 20x | as long as short |
| Deribit MSFT_USDC-PERPETUAL | 0.0000% | 1h | 501.45 | −0.027% | $27K | $41K | 10x | as long as short |
| HTX MSFT-USDT | 0.0000% | 8h | 501.63 | +0.009% | $59K | $226K | 20x | as long as short |
| Phemex MSFTUSDT | 0.0000% | 8h | 501.95 | +0.072% | $2.2M | $766K | 10x | as long as short |
| Lighter RH MSFT | +0.0032% | 1h | 501.57 | −0.003% | $636K | $2.0M | 20x | as long as short |
| QFEX MSFT-USD | +0.0038% | 1h | 501.60 | +0.003% | $1.1M | $5.7M | 10x | as long as short |
| Arcus MSFT-USD | +0.0040% | 1h | 501.51 | −0.015% | $97K | $109K | 10x | as long as short |
| Vest MSFT-USD-PERP | +0.0046% | 1h | 501.84 | +0.050% | — | $1K | 25x | as long as short |
| tradeXYZ xyz:MSFT | +0.0050% | 1h | 501.45 | −0.027% | $22.1M | $9.3M | 20x | as long as short |
| Polymarket Perps MSFT-USD | +0.0050% | 1h | 501.34 | −0.049% | $303K | $671K | 10x | as long as short |
| SoDEX MSFT-USD | +0.0050% | 1h | 501.67 | +0.017% | $60K | $3K | 10x | as long as short |
| Ondo Perps MSFT-USD.P | +0.0050% | 1h | 501.26 | −0.065% | $522K | $518K | 15x | as long as short |
| Paradex MSFT-USD-PERP | +0.0054% | 8h | 501.72 | +0.026% | $221 | — | 5x | as long as short |
| Phoenix MSFT | +0.0080% | 1h | 501.52 | −0.013% | $10K | $15K | 20x | as long as short |
| KuCoin MSFTUSDTM | +0.0100% | 8h | 501.44 | −0.029% | $1.5M | $19K | 20x | as long as short |
| ApeX Omni MSFTUSDT | +0.0100% | 1h | 501.34 | −0.049% | $160K | $7K | 50x | as long as short |
| Orderly PERP_MSFT_USDC_mythos | +0.0100% | 8h | 501.65 | +0.013% | $8K | — | 10x | as long as short |
| Aevo MSFT-PERP | +0.0104% | 1h | 501.61 | +0.005% | $55 | — | 10x | as long as short |
| Lighter MSFT | +0.0144% | 1h | 501.86 | +0.054% | $1.1M | $489K | 20x | as long as short |
| Hotstuff MSFT-PERP | +0.0160% | 1h | 501.50 | −0.017% | $32K | $8K | 20x | as long as short |
| Injective MSFT/USDC PERP | +0.0220% | 1h | 501.78 | +0.038% | $115K | $45K | 30x | as long as short |
GRVT MSFT_USDT_Perp
SunX MSFT-USDT
Deribit MSFT_USDC-PERPETUAL
HTX MSFT-USDT
Phemex MSFTUSDT
Lighter RH MSFT
QFEX MSFT-USD
Arcus MSFT-USD
Vest MSFT-USD-PERP
tradeXYZ xyz:MSFT
Polymarket Perps MSFT-USD
SoDEX MSFT-USD
Ondo Perps MSFT-USD.P
Paradex MSFT-USD-PERP
Phoenix MSFT
KuCoin MSFTUSDTM
ApeX Omni MSFTUSDT
Orderly PERP_MSFT_USDC_mythos
Aevo MSFT-PERP
Lighter MSFT
Hotstuff MSFT-PERP
Injective MSFT/USDC PERP