MSFT

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Coinbase International against Variational Omni−0.083%7-day average −0.113% · you buy dearer than you sell

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

Long on Variational Omni Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.014%+$1 on $10k

Price spread, last 3 days (all we have)+0.080%+$8 · spread now −0.083%, 7d avg −0.113%

Together, before fees+0.094%+ Points / potential airdropVariational Omni: Active · farm board+$9 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: Coinbase International is 0.030% dearer against Variational Omni than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.113%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni MSFT	502.00	0	get 0.0000% / 8h	1h 37m	$1.3M	$708K	—
Short	Coinbase International MSFT-PERP-INTX	501.58	0	get 0.0000% / 1h	37m 17s	$688K	$449K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Variational Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Variational OmnibpFee Coinbase InternationalbpOrdersPrice spread, now −0.083%Rate

Funding earned: $0
Price spread: −0.083% → −0.113%: $2.97
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$7.03
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Coinbase International: live order book, 46 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, 2 min ago	2.53 bp	doesn't fit	20.5 bp −$205	doesn't fit	doesn't fit
Sell Coinbase International live order book, 46 min ago	2.89 bp	8.1 bp −$8	11.9 bp −$119	doesn't fit	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
BloFin MSFT-USDT	−0.0018%	8h	502.17	+0.034%	$188K	$210K	20x	as long as short
Aster MSFTUSDT	0.0000%	8h	501.97	−0.005%	$161K	$116K	20x	as long as short
Extended MSFT_24_5-USD	0.0000%	1h	502.02	+0.005%	$372K	$369K	17x	as long as short
Binance MSFTUSDT	0.0000%	8h	502.11	+0.022%	$15.7M	$19.3M	20x	as long as short
OKX MSFT-USDT-SWAP	0.0000%	8h	502.09	+0.018%	$3.0M	$2.3M	20x	as long as short
Gate MSFT_USDT	0.0000%	8h	501.83	−0.033%	$3.1M	$1.5M	100x	as long as short
Variational Omni MSFTlong	0.0000%	8h	502.00	long leg	$1.3M	$708K	—
GRVT MSFT_USDT_Perp	0.0000%	8h	502.08	+0.017%	$18K	$319K	10x	as long as short
SunX MSFT-USDT	0.0000%	8h	502.86	+0.172%	$6K	$4.4M	20x	as long as short
Coinbase International MSFT-PERP-INTXshort	0.0000%	1h	501.58	−0.083%	$688K	$449K	10x

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX MSFT-USDT	0.0000%	8h	501.90	−0.019%	$59K	$229K	20x	as long as short
Phemex MSFTUSDT	0.0000%	8h	502.26	+0.052%	$2.2M	$763K	10x	as long as short
Bitget MSFTUSDT	+0.0004%	8h	502.08	+0.016%	$3.8M	$2.2M	100x	as long as short
Bybit MSFTUSDT	+0.0021%	8h	502.07	+0.014%	$7.4M	$1.7M	100x	as long as short
Lighter RH MSFT	+0.0032%	1h	501.89	−0.021%	$653K	$2.1M	20x	as long as short
QFEX MSFT-USD	+0.0040%	1h	501.92	−0.015%	$1.2M	$5.8M	10x	as long as short
Vest MSFT-USD-PERP	+0.0046%	1h	501.83	−0.033%	—	—	25x	as long as short
tradeXYZ xyz:MSFT	+0.0050%	1h	501.57	−0.085%	$22.3M	$9.8M	20x	as long as short
Polymarket Perps MSFT-USD	+0.0050%	1h	501.57	−0.085%	$305K	$683K	10x	as long as short
SoDEX MSFT-USD	+0.0050%	1h	502.00	+0.001%	$60K	$3K	10x	as long as short
Nado MSFT-PERP	+0.0050%	1h	501.56	−0.087%	$414K	$64K	20x	as long as short
Ondo Perps MSFT-USD.P	+0.0050%	1h	501.68	−0.063%	$529K	$493K	15x	as long as short
Paradex MSFT-USD-PERP	+0.0064%	8h	501.87	−0.026%	$221	—	5x	as long as short
Phoenix MSFT	+0.0080%	1h	501.69	−0.061%	$10K	$15K	20x	as long as short
Hotstuff MSFT-PERP	+0.0080%	1h	501.59	−0.081%	$32K	$8K	20x	as long as short
KuCoin MSFTUSDTM	+0.0100%	8h	501.50	−0.099%	$1.5M	$19K	20x	as long as short
ApeX Omni MSFTUSDT	+0.0100%	1h	501.56	−0.087%	$160K	$7K	50x	as long as short
Orderly PERP_MSFT_USDC_mythos	+0.0100%	8h	501.95	−0.009%	$8K	—	10x	as long as short
Aevo MSFT-PERP	+0.0104%	1h	502.01	+0.002%	$55	—	10x	as long as short
Lighter MSFT	+0.0168%	1h	502.05	+0.011%	$1.1M	$589K	20x	as long as short
Arcus MSFT-USD	+0.0200%	1h	501.88	−0.023%	$110K	$90K	10x	as long as short
Injective MSFT/USDC PERP	+0.0220%	1h	502.34	+0.068%	$115K	$45K	30x	as long as short
edgeX MSFTUSDC	+0.0244%	4h	502.05	+0.011%	$102K	$242K	10x	as long as short
Deribit MSFT_USDC-PERPETUAL	+0.0308%	1h	501.80	−0.039%	$27K	$104K	10x	as long as short