Funding you earn now, next payment 23:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.014%
Price spread now: HTX against Vest0.000%7-day average — · you sell dearer than you buy
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 | 501.89 | 0.0046 | pay 0.0006% / 1h | 48m 14s | — | — | 25x |
| Short | HTX MSFT-USDT | 501.89 | 0 | get 0.0000% / 8h | 1h 48m | $59K | $229K | 20x |
Vest MSFT-USD-PERP
HTX MSFT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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: 0.000% → 0.000%
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$23.59
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Vest: no order-book sample; HTX: live order book, 33 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 HTX live order book, 33 min ago | 2.99 bp | 9.0 bp −$9 | 12.7 bp −$127 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX MSFTUSDC | −0.0510% | 4h | 502.15 | +0.052% | $102K | $243K | 10x | as long as short |
| Hotstuff MSFT-PERP | −0.0072% | 1h | 501.70 | −0.038% | $32K | $8K | 20x | as long as short |
| Nado MSFT-PERP | −0.0003% | 1h | 501.75 | −0.028% | $414K | $64K | 20x | as long as short |
| Aster MSFTUSDT | 0.0000% | 8h | 502.01 | +0.024% | $161K | $116K | 20x | as long as short |
| Extended MSFT_24_5-USD | 0.0000% | 1h | 501.99 | +0.021% | $372K | $369K | 17x | as long as short |
| Binance MSFTUSDT | 0.0000% | 8h | 502.07 | +0.036% | $15.7M | $19.3M | 20x | as long as short |
| OKX MSFT-USDT-SWAP | 0.0000% | 8h | 502.21 | +0.064% | $3.0M | $2.3M | 20x | as long as short |
| Gate MSFT_USDT | 0.0000% | 8h | 501.78 | −0.022% | $3.1M | $1.5M | 100x | as long as short |
| Bitget MSFTUSDT | 0.0000% | 8h | 502.06 | +0.034% | $3.8M | $2.2M | 100x | as long as short |
| Variational Omni MSFT | 0.0000% | 8h | 502.15 | +0.052% | $1.3M | $710K | — | as long as short |
edgeX MSFTUSDC
Hotstuff MSFT-PERP
Nado MSFT-PERP
Aster MSFTUSDT
Extended MSFT_24_5-USD
Binance MSFTUSDT
OKX MSFT-USDT-SWAP
Gate MSFT_USDT
Bitget MSFTUSDT
Variational Omni MSFTShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT MSFT_USDT_Perp | 0.0000% | 8h | 502.05 | +0.032% | $19K | $321K | 10x | as long as short |
| SunX MSFT-USDT | 0.0000% | 8h | 502.94 | +0.209% | $6K | $4.4M | 20x | as long as short |
| Coinbase International MSFT-PERP-INTX | 0.0000% | 1h | 501.58 | −0.062% | $688K | $449K | 10x | as long as short |
| HTX MSFT-USDTshort | 0.0000% | 8h | 501.89 | 0.000% | $59K | $229K | 20x | |
| Phemex MSFTUSDT | 0.0000% | 8h | 502.39 | +0.100% | $2.2M | $770K | 10x | as long as short |
| Bybit MSFTUSDT | +0.0003% | 8h | 502.08 | +0.038% | $7.4M | $1.7M | 100x | as long as short |
| Deribit MSFT_USDC-PERPETUAL | +0.0009% | 1h | 501.66 | −0.046% | $27K | $104K | 10x | as long as short |
| BloFin MSFT-USDT | +0.0022% | 8h | 502.12 | +0.046% | $188K | $210K | 20x | as long as short |
| Lighter RH MSFT | +0.0032% | 1h | 501.81 | −0.016% | $652K | $2.1M | 20x | as long as short |
| QFEX MSFT-USD | +0.0040% | 1h | 502.11 | +0.044% | $1.1M | $5.8M | 10x | as long as short |
| Vest MSFT-USD-PERPlong | +0.0046% | 1h | 501.89 | long leg | — | — | 25x | |
| tradeXYZ xyz:MSFT | +0.0050% | 1h | 501.65 | −0.048% | $22.3M | $10.0M | 20x | as long as short |
| Polymarket Perps MSFT-USD | +0.0050% | 1h | 501.60 | −0.058% | $305K | $684K | 10x | as long as short |
| SoDEX MSFT-USD | +0.0050% | 1h | 501.97 | +0.016% | $60K | $3K | 10x | as long as short |
| Ondo Perps MSFT-USD.P | +0.0050% | 1h | 501.79 | −0.020% | $530K | $494K | 15x | as long as short |
| Paradex MSFT-USD-PERP | +0.0056% | 8h | 502.00 | +0.021% | $221 | — | 5x | as long as short |
| Phoenix MSFT | +0.0080% | 1h | 501.67 | −0.044% | $10K | $15K | 20x | as long as short |
| Lighter MSFT | +0.0080% | 1h | 501.97 | +0.016% | $1.1M | $589K | 20x | as long as short |
| KuCoin MSFTUSDTM | +0.0100% | 8h | 501.54 | −0.070% | $1.5M | $19K | 20x | as long as short |
| ApeX Omni MSFTUSDT | +0.0100% | 1h | 501.54 | −0.070% | $160K | $7K | 50x | as long as short |
| Orderly PERP_MSFT_USDC_mythos | +0.0100% | 8h | 501.96 | +0.014% | $8K | — | 10x | as long as short |
| Aevo MSFT-PERP | +0.0104% | 1h | 502.07 | +0.036% | $55 | — | 10x | as long as short |
| Arcus MSFT-USD | +0.0200% | 1h | 501.95 | +0.012% | $110K | $90K | 10x | as long as short |
| Injective MSFT/USDC PERP | +0.0220% | 1h | 503.17 | +0.255% | $115K | $45K | 30x | as long as short |
GRVT MSFT_USDT_Perp
SunX MSFT-USDT
Coinbase International MSFT-PERP-INTX
Phemex MSFTUSDT
Bybit MSFTUSDT
Deribit MSFT_USDC-PERPETUAL
BloFin MSFT-USDT
Lighter RH MSFT
QFEX MSFT-USD
tradeXYZ xyz:MSFT
Polymarket Perps MSFT-USD
SoDEX MSFT-USD
Ondo Perps MSFT-USD.P
Paradex MSFT-USD-PERP
Phoenix MSFT
Lighter MSFT
KuCoin MSFTUSDTM
ApeX Omni MSFTUSDT
Orderly PERP_MSFT_USDC_mythos
Aevo MSFT-PERP
Arcus MSFT-USD
Injective MSFT/USDC PERP