MSFT

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0110%/8h= −12.0% APRnext payment −$0.14 per $10,000 · paid last 24h −0.021%

Price spread now: Coinbase International against Vest+0.034%7-day average — · you sell dearer than you buy

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

Long on Vest Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVest: Active · farm boardneeds both histories

The price spread pays, funding is against you. Coinbase International is 0.034% dearer against Vest than usual: you sell high and buy low (spread +0.034% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 25 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest MSFT-USD-PERP	503.12	0.0046	pay 0.0006% / 1h	52m 03s	—	$1K	25x
Short	Coinbase International MSFT-PERP-INTX	503.29	−0.0064	pay 0.0008% / 1h	52m 03s	$685K	$461K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Vest. 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 VestbpFee Coinbase InternationalbpOrdersPrice spread, now +0.034%Rate

Funding earned: −$23.03
Price spread: +0.034% → 0.000%: $3.38
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$31.65
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Vest: no order-book sample; Coinbase International: live order book, 61 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 Coinbase International live order book, 61 min ago	1.70 bp	6.8 bp −$7	9.5 bp −$95	doesn't fit	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
Hotstuff MSFT-PERP	−0.0064%	1h	502.64	−0.095%	$32K	$8K	20x	as long as short
Coinbase International MSFT-PERP-INTXshort	−0.0064%	1h	503.29	+0.034%	$685K	$461K	10x
Nado MSFT-PERP	−0.0022%	1h	502.77	−0.070%	$412K	$66K	20x	as long as short
Aster MSFTUSDT	0.0000%	8h	502.79	−0.065%	$161K	$116K	20x	as long as short
Extended MSFT_24_5-USD	0.0000%	1h	502.94	−0.035%	$341K	$1.2M	17x	as long as short
Binance MSFTUSDT	0.0000%	8h	502.97	−0.030%	$15.8M	$19.3M	20x	as long as short
Bybit MSFTUSDT	0.0000%	8h	502.80	−0.064%	$7.2M	$2.2M	100x	as long as short
OKX MSFT-USDT-SWAP	0.0000%	8h	503.14	+0.004%	$3.0M	$2.3M	20x	as long as short
Gate MSFT_USDT	0.0000%	8h	502.80	−0.064%	$3.1M	$1.7M	100x	as long as short
Bitget MSFTUSDT	0.0000%	8h	502.98	−0.028%	$4.4M	$2.6M	100x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni MSFT	0.0000%	8h	503.19	+0.013%	$1.3M	$493K	—	as long as short
GRVT MSFT_USDT_Perp	0.0000%	8h	503.45	+0.067%	$19K	$307K	10x	as long as short
SunX MSFT-USDT	0.0000%	8h	503.81	+0.137%	$6K	$4.0M	20x	as long as short
Deribit MSFT_USDC-PERPETUAL	0.0000%	1h	502.83	−0.058%	$27K	$42K	10x	as long as short
HTX MSFT-USDT	0.0000%	8h	502.87	−0.050%	$59K	$225K	20x	as long as short
Phemex MSFTUSDT	0.0000%	8h	503.40	+0.056%	$2.2M	$791K	10x	as long as short
BloFin MSFT-USDT	+0.0008%	8h	503.16	+0.008%	$190K	$205K	20x	as long as short
Phoenix MSFT	+0.0016%	1h	503.13	+0.002%	$11K	$15K	20x	as long as short
Lighter RH MSFT	+0.0032%	1h	502.84	−0.056%	$679K	$2.0M	20x	as long as short
QFEX MSFT-USD	+0.0036%	1h	503.02	−0.020%	$1.2M	$4.8M	10x	as long as short
Arcus MSFT-USD	+0.0040%	1h	502.97	−0.030%	$96K	$111K	10x	as long as short
Vest MSFT-USD-PERPlong	+0.0046%	1h	503.12	long leg	—	$1K	25x
tradeXYZ xyz:MSFT	+0.0050%	1h	502.78	−0.068%	$22.2M	$8.9M	20x	as long as short
Polymarket Perps MSFT-USD	+0.0050%	1h	502.75	−0.074%	$303K	$713K	10x	as long as short
SoDEX MSFT-USD	+0.0050%	1h	502.82	−0.060%	$60K	$3K	10x	as long as short
Ondo Perps MSFT-USD.P	+0.0050%	1h	502.57	−0.109%	$513K	$464K	15x	as long as short
Paradex MSFT-USD-PERP	+0.0052%	8h	502.97	−0.030%	$221	—	5x	as long as short
KuCoin MSFTUSDTM	+0.0100%	8h	502.89	−0.046%	$1.6M	$57K	20x	as long as short
ApeX Omni MSFTUSDT	+0.0100%	1h	503.22	+0.020%	$160K	$7K	50x	as long as short
Orderly PERP_MSFT_USDC_mythos	+0.0100%	8h	502.92	−0.040%	$8K	—	10x	as long as short
Lighter MSFT	+0.0104%	1h	503.11	−0.002%	$1.2M	$495K	20x	as long as short
Aevo MSFT-PERP	+0.0104%	1h	502.96	−0.031%	$55	—	10x	as long as short
Injective MSFT/USDC PERP	+0.0220%	1h	503.24	+0.024%	$115K	$45K	30x	as long as short
edgeX MSFTUSDC	+0.0882%	4h	503.11	−0.002%	$102K	$243K	10x	as long as short