Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.003%
Price spread now: Bitget against Variational Omni−0.022%7-day average +0.004% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.006%+$1 on $10k
+Price spread, last 7 days+0.017%+$2 · spread now −0.022%, 7d avg +0.004%
=Together, before fees+0.023%+ Points / potential airdropVariational Omni: Active · farm board+$2 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: Bitget is 0.026% cheaper against Variational Omni than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.004%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni MSFT | 501.70 | 0 | get 0.0000% / 8h | 2h 39m | $1.3M | $724K | — |
| Short | Bitget MSFTUSDT | 501.59 | 0 | get 0.0000% / 8h | 2h 39m | $3.8M | $2.2M | 100x |
Variational Omni MSFT
Bitget MSFTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: −0.022% → +0.004%
- −$2.59
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$14.59
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; Bitget: live order book, 4 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, 5 min ago | 2.52 bp | doesn't fit | 15.9 bp −$159 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 0.60 bp | 9.8 bp −$10 | 14.1 bp −$141 | 38.7 bp −$3,873 | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX MSFTUSDC | −0.0605% | 4h | 501.69 | −0.003% | $102K | $242K | 10x | as long as short |
| Nado MSFT-PERP | −0.0050% | 1h | 501.49 | −0.042% | $414K | $64K | 20x | as long as short |
| Coinbase International MSFT-PERP-INTX | −0.0040% | 1h | 501.71 | +0.001% | $689K | $431K | 10x | as long as short |
| Aster MSFTUSDT | 0.0000% | 8h | 502.01 | +0.061% | $161K | $116K | 20x | as long as short |
| Extended MSFT_24_5-USD | 0.0000% | 1h | 501.65 | −0.011% | $372K | $369K | 17x | as long as short |
| Binance MSFTUSDT | 0.0000% | 8h | 501.68 | −0.004% | $15.7M | $19.2M | 20x | as long as short |
| Bybit MSFTUSDT | 0.0000% | 8h | 501.75 | +0.009% | $7.4M | $1.7M | 100x | as long as short |
| OKX MSFT-USDT-SWAP | 0.0000% | 8h | 501.65 | −0.010% | $3.0M | $2.3M | 20x | as long as short |
| Gate MSFT_USDT | 0.0000% | 8h | 501.33 | −0.074% | $3.1M | $1.5M | 100x | as long as short |
| Bitget MSFTUSDTshort | 0.0000% | 8h | 501.59 | −0.022% | $3.8M | $2.2M | 100x |
edgeX MSFTUSDC
Nado MSFT-PERP
Coinbase International MSFT-PERP-INTX
Aster MSFTUSDT
Extended MSFT_24_5-USD
Binance MSFTUSDT
Bybit MSFTUSDT
OKX MSFT-USDT-SWAP
Gate MSFT_USDTShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni MSFTlong | 0.0000% | 8h | 501.70 | long leg | $1.3M | $724K | — | |
| GRVT MSFT_USDT_Perp | 0.0000% | 8h | 501.63 | −0.014% | $18K | $330K | 10x | as long as short |
| SunX MSFT-USDT | 0.0000% | 8h | 502.43 | +0.145% | $6K | $4.4M | 20x | as long as short |
| Deribit MSFT_USDC-PERPETUAL | 0.0000% | 1h | 501.60 | −0.020% | $27K | $108K | 10x | as long as short |
| HTX MSFT-USDT | 0.0000% | 8h | 501.56 | −0.028% | $59K | $230K | 20x | as long as short |
| Phemex MSFTUSDT | 0.0000% | 8h | 501.84 | +0.027% | $2.2M | $758K | 10x | as long as short |
| BloFin MSFT-USDT | +0.0002% | 8h | 501.68 | −0.004% | $189K | $209K | 20x | as long as short |
| Hotstuff MSFT-PERP | +0.0024% | 1h | 501.32 | −0.076% | $32K | $8K | 20x | as long as short |
| Lighter MSFT | +0.0032% | 1h | 501.69 | −0.002% | $1.1M | $653K | 20x | as long as short |
| Lighter RH MSFT | +0.0032% | 1h | 501.57 | −0.026% | $667K | $2.2M | 20x | as long as short |
| tradeXYZ xyz:MSFT | +0.0046% | 1h | 501.35 | −0.070% | $22.2M | $9.9M | 20x | as long as short |
| Vest MSFT-USD-PERP | +0.0046% | 1h | 501.69 | −0.002% | — | — | 25x | as long as short |
| Polymarket Perps MSFT-USD | +0.0050% | 1h | 501.21 | −0.098% | $304K | $672K | 10x | as long as short |
| SoDEX MSFT-USD | +0.0050% | 1h | 501.62 | −0.016% | $60K | $3K | 10x | as long as short |
| Paradex MSFT-USD-PERP | +0.0050% | 8h | 501.63 | −0.015% | $221 | — | 5x | as long as short |
| Ondo Perps MSFT-USD.P | +0.0050% | 1h | 501.27 | −0.086% | $515K | $479K | 15x | as long as short |
| QFEX MSFT-USD | +0.0050% | 1h | 501.65 | −0.010% | $1.1M | $5.7M | 10x | as long as short |
| Phoenix MSFT | +0.0096% | 1h | 501.50 | −0.040% | $10K | $15K | 20x | as long as short |
| KuCoin MSFTUSDTM | +0.0100% | 8h | 501.56 | −0.028% | $1.5M | $19K | 20x | as long as short |
| ApeX Omni MSFTUSDT | +0.0100% | 1h | 501.31 | −0.078% | $160K | $7K | 50x | as long as short |
| Orderly PERP_MSFT_USDC_mythos | +0.0100% | 8h | 501.64 | −0.012% | $8K | — | 10x | as long as short |
| Aevo MSFT-PERP | +0.0104% | 1h | 501.67 | −0.006% | $55 | — | 10x | as long as short |
| Injective MSFT/USDC PERP | +0.0220% | 1h | 501.96 | +0.051% | $115K | $45K | 30x | as long as short |
| Arcus MSFT-USD | +0.0531% | 1h | 501.50 | −0.040% | $109K | $90K | 10x | as long as short |
GRVT MSFT_USDT_Perp
SunX MSFT-USDT
Deribit MSFT_USDC-PERPETUAL
HTX MSFT-USDT
Phemex MSFTUSDT
BloFin MSFT-USDT
Hotstuff MSFT-PERP
Lighter MSFT
Lighter RH MSFT
tradeXYZ xyz:MSFT
Vest MSFT-USD-PERP
Polymarket Perps MSFT-USD
SoDEX MSFT-USD
Paradex MSFT-USD-PERP
Ondo Perps MSFT-USD.P
QFEX MSFT-USD
Phoenix MSFT
KuCoin MSFTUSDTM
ApeX Omni MSFTUSDT
Orderly PERP_MSFT_USDC_mythos
Aevo MSFT-PERP
Injective MSFT/USDC PERP
Arcus MSFT-USD