MSFT

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0046%/8h= −5.0% APRnext payment −$0.06 per $10,000 · paid last 24h −0.005%

Price spread now: Extended against Vest+0.035%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 Extended

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 · Extended: Active · farm boardneeds both histories

The price spread pays, funding is against you. Extended is 0.035% dearer against Vest than usual: you sell high and buy low (spread +0.035% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest MSFT-USD-PERP	501.53	0.0046	pay 0.0006% / 1h	22m 08s	—	$1K	25x
Short	Extended MSFT_24_5-USD	501.71	0	get 0.0000% / 1h	22m 08s	$337K	$899K	17x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now +0.035%Rate

Funding earned: −$9.59
Price spread: +0.035% → 0.000%: $3.5
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$13.09
Costs to cover: 0.070%
Break-even: never at this rate

Slippage unknown: Vest: no order-book sample; Extended: 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 Vest no order-book sample	—	—	—	—	—
Sell Extended live order book, 46 min ago	0.70 bp	5.8 bp −$6	34.2 bp −$342	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 33 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
Coinbase International MSFT-PERP-INTX	−0.0016%	1h	501.22	−0.062%	$679K	$457K	10x	as long as short
Aster MSFTUSDT	0.0000%	8h	501.79	+0.051%	$161K	$116K	20x	as long as short
Extended MSFT_24_5-USDshort	0.0000%	1h	501.71	+0.035%	$337K	$899K	17x
Binance MSFTUSDT	0.0000%	8h	501.84	+0.062%	$15.6M	$18.8M	20x	as long as short
Bybit MSFTUSDT	0.0000%	8h	501.68	+0.030%	$7.4M	$1.6M	100x	as long as short
OKX MSFT-USDT-SWAP	0.0000%	8h	501.84	+0.062%	$3.0M	$2.3M	20x	as long as short
Gate MSFT_USDT	0.0000%	8h	501.58	+0.010%	$3.1M	$1.7M	100x	as long as short
Bitget MSFTUSDT	0.0000%	8h	501.66	+0.026%	$4.5M	$2.5M	100x	as long as short
Variational Omni MSFT	0.0000%	8h	501.54	+0.001%	$1.3M	$682K	—	as long as short
GRVT MSFT_USDT_Perp	0.0000%	8h	501.56	+0.007%	$19K	$295K	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX MSFT-USDT	0.0000%	8h	502.48	+0.189%	$6K	$4.1M	20x	as long as short
HTX MSFT-USDT	0.0000%	8h	501.61	+0.016%	$59K	$226K	20x	as long as short
Phemex MSFTUSDT	0.0000%	8h	501.77	+0.048%	$2.2M	$766K	10x	as long as short
Nado MSFT-PERP	+0.0009%	1h	501.41	−0.025%	$414K	$64K	20x	as long as short
Lighter RH MSFT	+0.0032%	1h	501.66	+0.026%	$620K	$2.0M	20x	as long as short
QFEX MSFT-USD	+0.0038%	1h	501.55	+0.004%	$1.1M	$5.8M	10x	as long as short
Arcus MSFT-USD	+0.0040%	1h	501.38	−0.030%	$97K	$109K	10x	as long as short
Vest MSFT-USD-PERPlong	+0.0046%	1h	501.53	long leg	—	$1K	25x
tradeXYZ xyz:MSFT	+0.0050%	1h	501.32	−0.042%	$22.1M	$9.3M	20x	as long as short
Polymarket Perps MSFT-USD	+0.0050%	1h	501.36	−0.034%	$303K	$671K	10x	as long as short
SoDEX MSFT-USD	+0.0050%	1h	501.69	+0.032%	$60K	$3K	10x	as long as short
Ondo Perps MSFT-USD.P	+0.0050%	1h	501.29	−0.048%	$521K	$518K	15x	as long as short
Paradex MSFT-USD-PERP	+0.0056%	8h	501.54	+0.003%	$221	—	5x	as long as short
Phoenix MSFT	+0.0080%	1h	501.33	−0.040%	$10K	$15K	20x	as long as short
Deribit MSFT_USDC-PERPETUAL	+0.0089%	1h	501.67	+0.028%	$27K	$41K	10x	as long as short
KuCoin MSFTUSDTM	+0.0100%	8h	501.39	−0.028%	$1.5M	$19K	20x	as long as short
ApeX Omni MSFTUSDT	+0.0100%	1h	501.16	−0.074%	$160K	$7K	50x	as long as short
Orderly PERP_MSFT_USDC_mythos	+0.0100%	8h	501.69	+0.032%	$8K	—	10x	as long as short
Aevo MSFT-PERP	+0.0104%	1h	501.69	+0.032%	$55	—	10x	as long as short
Hotstuff MSFT-PERP	+0.0128%	1h	501.26	−0.054%	$32K	$8K	20x	as long as short
Lighter MSFT	+0.0176%	1h	501.87	+0.068%	$1.1M	$489K	20x	as long as short
Injective MSFT/USDC PERP	+0.0220%	1h	501.78	+0.050%	$115K	$45K	30x	as long as short
edgeX MSFTUSDC	+0.0992%	4h	501.51	−0.005%	$102K	$242K	10x	as long as short