MSFT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.027%

Price spread now: KuCoin against Variational Omni−0.102%7-day average −0.089% · you buy dearer than you sell

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

Long on Variational Omni Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.084%+$8 on $10k

Price spread, last 7 days+0.024%+$2 · spread now −0.102%, 7d avg −0.089%

Together, before fees+0.108%+ Points / potential airdropVariational Omni: Active · farm board+$11 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.089%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni MSFT	502.26	0	get 0.0000% / 8h	43m 17s	$1.3M	$702K	—
Short	KuCoin MSFTUSDTM	501.75	0.0100	get 0.0100% / 8h	43m 17s	$1.5M	$19K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 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 Variational OmnibpFee KuCoinbpOrdersPrice spread, now −0.102%Rate

Funding earned: $21
Price spread: −0.102% → −0.089%: −$1.29
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee KuCoin: 6 bp × 2 orders: −$12
Net: $7.71
Costs to cover: 0.120%
Break-even: 4.4 days

Slippage unknown: Variational Omni: RFQ quote, 1 min ago; KuCoin: live order book, 2 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	21.2 bp −$212	doesn't fit	doesn't fit
Sell KuCoin live order book, 2 min ago	7.57 bp	69.9 bp −$70	doesn't fit	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	−0.0026%	8h	502.32	+0.012%	$188K	$209K	20x	as long as short
Nado MSFT-PERP	−0.0019%	1h	501.96	−0.061%	$414K	$64K	20x	as long as short
Coinbase International MSFT-PERP-INTX	−0.0016%	1h	501.76	−0.100%	$687K	$450K	10x	as long as short
Aster MSFTUSDT	0.0000%	8h	502.21	−0.011%	$161K	$116K	20x	as long as short
Extended MSFT_24_5-USD	0.0000%	1h	502.20	−0.012%	$337K	$392K	17x	as long as short
Binance MSFTUSDT	0.0000%	8h	502.30	+0.008%	$15.7M	$19.1M	20x	as long as short
OKX MSFT-USDT-SWAP	0.0000%	8h	502.31	+0.010%	$3.0M	$2.3M	20x	as long as short
Gate MSFT_USDT	0.0000%	8h	502.05	−0.042%	$3.2M	$1.6M	100x	as long as short
Bitget MSFTUSDT	0.0000%	8h	502.29	+0.006%	$3.8M	$2.3M	100x	as long as short
Variational Omni MSFTlong	0.0000%	8h	502.26	long leg	$1.3M	$702K	—

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT MSFT_USDT_Perp	0.0000%	8h	502.16	−0.019%	$18K	$300K	10x	as long as short
SunX MSFT-USDT	0.0000%	8h	503.06	+0.159%	$6K	$4.3M	20x	as long as short
HTX MSFT-USDT	0.0000%	8h	502.12	−0.028%	$59K	$227K	20x	as long as short
Phemex MSFTUSDT	0.0000%	8h	502.43	+0.033%	$2.2M	$752K	10x	as long as short
Bybit MSFTUSDT	+0.0028%	8h	502.34	+0.015%	$7.4M	$1.7M	100x	as long as short
Lighter RH MSFT	+0.0032%	1h	502.15	−0.022%	$638K	$2.1M	20x	as long as short
Hotstuff MSFT-PERP	+0.0032%	1h	501.87	−0.078%	$32K	$8K	20x	as long as short
Vest MSFT-USD-PERP	+0.0046%	1h	502.13	−0.026%	—	$1K	25x	as long as short
QFEX MSFT-USD	+0.0049%	1h	502.18	−0.016%	$1.1M	$5.8M	10x	as long as short
tradeXYZ xyz:MSFT	+0.0050%	1h	501.87	−0.078%	$22.3M	$9.6M	20x	as long as short
Polymarket Perps MSFT-USD	+0.0050%	1h	501.80	−0.092%	$303K	$678K	10x	as long as short
SoDEX MSFT-USD	+0.0050%	1h	502.20	−0.012%	$60K	$3K	10x	as long as short
Ondo Perps MSFT-USD.P	+0.0050%	1h	501.76	−0.100%	$529K	$494K	15x	as long as short
Paradex MSFT-USD-PERP	+0.0054%	8h	502.20	−0.013%	$221	—	5x	as long as short
Phoenix MSFT	+0.0080%	1h	501.96	−0.060%	$10K	$15K	20x	as long as short
KuCoin MSFTUSDTMshort	+0.0100%	8h	501.75	−0.102%	$1.5M	$19K	20x
ApeX Omni MSFTUSDT	+0.0100%	1h	501.91	−0.070%	$160K	$7K	50x	as long as short
Orderly PERP_MSFT_USDC_mythos	+0.0100%	8h	502.17	−0.018%	$8K	—	10x	as long as short
Aevo MSFT-PERP	+0.0104%	1h	502.23	−0.007%	$55	—	10x	as long as short
Deribit MSFT_USDC-PERPETUAL	+0.0109%	1h	502.10	−0.032%	$27K	$101K	10x	as long as short
Lighter MSFT	+0.0160%	1h	502.36	+0.019%	$1.1M	$585K	20x	as long as short
Injective MSFT/USDC PERP	+0.0220%	1h	502.57	+0.061%	$115K	$45K	30x	as long as short
Arcus MSFT-USD	+0.0286%	1h	502.17	−0.018%	$97K	$109K	10x	as long as short
edgeX MSFTUSDC	+0.0865%	4h	502.25	−0.001%	$102K	$244K	10x	as long as short