MSFT

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0005%/8h= +0.5% APRnext payment +$0.01 per $10,000 · paid last 24h +0.001%

Price spread now: Ondo Perps against Vest−0.089%7-day average — · you buy dearer than you sell

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

Long on Vest Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 4 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 · Ondo Perps: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Ondo Perps is 0.089% cheaper against Vest than usual: you would sell low and buy high, −$9 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest MSFT-USD-PERP	503.53	0.0046	pay 0.0006% / 1h	55m 29s	—	$1K	25x
Short	Ondo Perps MSFT-USD.P	503.08	0.0050	get 0.0006% / 1h	55m 29s	$532K	$382K	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps 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 Ondo PerpsbpOrdersPrice spread, now −0.089%Rate

Funding earned: $0.99
Price spread: −0.089% → 0.000%: −$8.94
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$14.95
Costs to cover: 0.070%
Break-even: 112.5 days

Slippage unknown: Vest: no order-book sample; Ondo Perps: no order-book sample. 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 Ondo Perps no order-book sample	—	—	—	—	—

Vest and Ondo Perps: 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 exchanges

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	−0.1600%	1h	503.33	−0.040%	$32K	$8K	20x	as long as short
BloFin MSFT-USDT	−0.0027%	8h	503.44	−0.018%	$202K	$211K	20x	as long as short
Nado MSFT-PERP	−0.0009%	1h	503.39	−0.028%	$411K	$72K	20x	as long as short
Aster MSFTUSDT	0.0000%	8h	504.20	+0.132%	$166K	$118K	20x	as long as short
Extended MSFT_24_5-USD	0.0000%	1h	503.52	−0.002%	$326K	$1.9M	17x	as long as short
Binance MSFTUSDT	0.0000%	8h	503.65	+0.023%	$16.3M	$20.9M	20x	as long as short
Bybit MSFTUSDT	0.0000%	8h	503.41	−0.024%	$7.3M	$2.3M	100x	as long as short
Gate MSFT_USDT	0.0000%	8h	503.34	−0.038%	$3.1M	$1.9M	100x	as long as short
Bitget MSFTUSDT	0.0000%	8h	503.59	+0.012%	$3.9M	$3.0M	100x	as long as short
Variational Omni MSFT	0.0000%	8h	503.47	−0.013%	$1.3M	$396K	—	as long as short

Show all 34 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX MSFT-USDT	0.0000%	8h	504.30	+0.153%	$6K	$3.5M	20x	as long as short
Deribit MSFT_USDC-PERPETUAL	0.0000%	1h	503.30	−0.046%	$30K	$47K	10x	as long as short
Coinbase International MSFT-PERP-INTX	0.0000%	1h	502.80	−0.145%	$702K	$523K	10x	as long as short
HTX MSFT-USDT	0.0000%	8h	503.42	−0.022%	$48K	$246K	20x	as long as short
Phemex MSFTUSDT	0.0000%	8h	503.76	+0.046%	$2.3M	$907K	10x	as long as short
Lighter MSFT	+0.0032%	1h	503.53	0.000%	$1.2M	$480K	20x	as long as short
Lighter RH MSFT	+0.0032%	1h	503.54	+0.002%	$692K	$1.8M	20x	as long as short
tradeXYZ xyz:MSFT	+0.0043%	1h	503.10	−0.085%	$22.5M	$9.2M	20x	as long as short
GRVT MSFT_USDT_Perp	+0.0044%	8h	503.34	−0.039%	$19K	$317K	10x	as long as short
Vest MSFT-USD-PERPlong	+0.0046%	1h	503.53	long leg	—	$1K	25x
Phoenix MSFT	+0.0048%	1h	502.47	−0.211%	$11K	$5K	20x	as long as short
Polymarket Perps MSFT-USD	+0.0050%	1h	503.22	−0.062%	$318K	$677K	10x	as long as short
SoDEX MSFT-USD	+0.0050%	1h	503.39	−0.028%	$60K	$3K	10x	as long as short
Ondo Perps MSFT-USD.Pshort	+0.0050%	1h	503.08	−0.089%	$532K	$382K	15x
Paradex MSFT-USD-PERP	+0.0057%	8h	503.44	−0.017%	$222	—	5x	as long as short
QFEX MSFT-USD	+0.0058%	1h	503.65	+0.024%	$1.2M	$4.7M	10x	as long as short
OKX MSFT-USDT-SWAP	+0.0064%	8h	503.85	+0.064%	$3.2M	$2.7M	20x	as long as short
KuCoin MSFTUSDTM	+0.0100%	8h	503.16	−0.073%	$1.6M	$215K	20x	as long as short
ApeX Omni MSFTUSDT	+0.0100%	1h	503.07	−0.091%	$160K	$7K	50x	as long as short
Orderly PERP_MSFT_USDC_mythos	+0.0100%	8h	503.42	−0.022%	$8K	—	10x	as long as short
edgeX MSFTUSDC	+0.0101%	4h	503.12	−0.082%	$102K	$242K	10x	as long as short
Aevo MSFT-PERP	+0.0104%	1h	503.44	−0.017%	$55	—	10x	as long as short
Arcus MSFT-USD	+0.0190%	1h	503.39	−0.028%	$93K	$83K	10x	as long as short
Injective MSFT/USDC PERP	+0.0220%	1h	504.07	+0.107%	$115K	$45K	30x	as long as short