Funding you earn now, next payment 06:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.013%
Price spread now: Bitget against Vest−0.016%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest MSFT-USD-PERP | 503.30 | 0.0046 | pay 0.0006% / 1h | 56m 28s | — | $1K | 25x |
| Short | Bitget MSFTUSDT | 503.22 | 0 | get 0.0000% / 8h | 2h 56m | $4.4M | $2.6M | 100x |
Vest MSFT-USD-PERP
Bitget MSFTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Vest. 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
- −$9.59
- Price spread: −0.016% → 0.000%
- −$1.59
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$25.18
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Vest: no order-book sample; Bitget: 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 Vest no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 2 min ago | 1.99 bp | 9.5 bp −$10 | 13.5 bp −$135 | 55.8 bp −$5,578 | doesn't fit |
Vest: 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX MSFTUSDC | −0.0658% | 4h | 503.77 | +0.094% | $102K | $244K | 10x | as long as short |
| Nado MSFT-PERP | −0.0068% | 1h | 503.04 | −0.051% | $412K | $66K | 20x | as long as short |
| Coinbase International MSFT-PERP-INTX | −0.0064% | 1h | 503.29 | −0.002% | $685K | $461K | 10x | as long as short |
| Deribit MSFT_USDC-PERPETUAL | −0.0048% | 1h | 503.07 | −0.046% | $27K | $42K | 10x | as long as short |
| Aster MSFTUSDT | 0.0000% | 8h | 503.02 | −0.056% | $162K | $116K | 20x | as long as short |
| Extended MSFT_24_5-USD | 0.0000% | 1h | 503.03 | −0.054% | $341K | $1.2M | 17x | as long as short |
| Binance MSFTUSDT | 0.0000% | 8h | 503.16 | −0.027% | $15.8M | $19.2M | 20x | as long as short |
| Bybit MSFTUSDT | 0.0000% | 8h | 503.06 | −0.048% | $7.2M | $2.2M | 100x | as long as short |
| OKX MSFT-USDT-SWAP | 0.0000% | 8h | 503.23 | −0.014% | $3.0M | $2.3M | 20x | as long as short |
| Gate MSFT_USDT | 0.0000% | 8h | 503.07 | −0.046% | $3.1M | $1.7M | 100x | as long as short |
edgeX MSFTUSDC
Nado MSFT-PERP
Coinbase International MSFT-PERP-INTX
Deribit MSFT_USDC-PERPETUAL
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget MSFTUSDTshort | 0.0000% | 8h | 503.22 | −0.016% | $4.4M | $2.6M | 100x | |
| Variational Omni MSFT | 0.0000% | 8h | 503.79 | +0.097% | $1.3M | $493K | — | as long as short |
| GRVT MSFT_USDT_Perp | 0.0000% | 8h | 503.80 | +0.100% | $19K | $305K | 10x | as long as short |
| SunX MSFT-USDT | 0.0000% | 8h | 504.48 | +0.234% | $6K | $4.0M | 20x | as long as short |
| HTX MSFT-USDT | 0.0000% | 8h | 503.52 | +0.044% | $59K | $225K | 20x | as long as short |
| Phemex MSFTUSDT | 0.0000% | 8h | 504.01 | +0.141% | $2.2M | $787K | 10x | as long as short |
| BloFin MSFT-USDT | +0.0009% | 8h | 503.51 | +0.042% | $190K | $205K | 20x | as long as short |
| Lighter MSFT | +0.0032% | 1h | 503.35 | +0.010% | $1.2M | $495K | 20x | as long as short |
| Lighter RH MSFT | +0.0032% | 1h | 503.03 | −0.054% | $679K | $2.0M | 20x | as long as short |
| QFEX MSFT-USD | +0.0036% | 1h | 503.22 | −0.016% | $1.1M | $4.8M | 10x | as long as short |
| Arcus MSFT-USD | +0.0040% | 1h | 503.37 | +0.014% | $97K | $110K | 10x | as long as short |
| Vest MSFT-USD-PERPlong | +0.0046% | 1h | 503.30 | long leg | — | $1K | 25x | |
| Phoenix MSFT | +0.0048% | 1h | 503.46 | +0.032% | $11K | $15K | 20x | as long as short |
| tradeXYZ xyz:MSFT | +0.0050% | 1h | 502.89 | −0.081% | $22.3M | $8.9M | 20x | as long as short |
| Polymarket Perps MSFT-USD | +0.0050% | 1h | 502.92 | −0.076% | $303K | $713K | 10x | as long as short |
| SoDEX MSFT-USD | +0.0050% | 1h | 503.41 | +0.022% | $60K | $3K | 10x | as long as short |
| Ondo Perps MSFT-USD.P | +0.0050% | 1h | 502.83 | −0.093% | $513K | $463K | 15x | as long as short |
| Paradex MSFT-USD-PERP | +0.0052% | 8h | 503.08 | −0.043% | $221 | — | 5x | as long as short |
| Hotstuff MSFT-PERP | +0.0056% | 1h | 503.27 | −0.006% | $32K | $8K | 20x | as long as short |
| KuCoin MSFTUSDTM | +0.0100% | 8h | 502.94 | −0.072% | $1.6M | $56K | 20x | as long as short |
| ApeX Omni MSFTUSDT | +0.0100% | 1h | 503.36 | +0.012% | $160K | $7K | 50x | as long as short |
| Orderly PERP_MSFT_USDC_mythos | +0.0100% | 8h | 503.64 | +0.068% | $8K | — | 10x | as long as short |
| Aevo MSFT-PERP | +0.0104% | 1h | 503.46 | +0.032% | $55 | — | 10x | as long as short |
| Injective MSFT/USDC PERP | +0.0220% | 1h | 503.84 | +0.107% | $115K | $45K | 30x | as long as short |
Variational Omni MSFT
GRVT MSFT_USDT_Perp
SunX MSFT-USDT
HTX MSFT-USDT
Phemex MSFTUSDT
BloFin MSFT-USDT
Lighter MSFT
Lighter RH MSFT
QFEX MSFT-USD
Arcus MSFT-USD
Phoenix MSFT
tradeXYZ xyz:MSFT
Polymarket Perps MSFT-USD
SoDEX MSFT-USD
Ondo Perps MSFT-USD.P
Paradex MSFT-USD-PERP
Hotstuff MSFT-PERP
KuCoin MSFTUSDTM
ApeX Omni MSFTUSDT
Orderly PERP_MSFT_USDC_mythos
Aevo MSFT-PERP
Injective MSFT/USDC PERP