Funding you earn now, next payment 03:00 UTC+0.0007%/8h= +0.8% APRpaid last 24h +0.002%
Price spread now: Paradex against Vest−0.002%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
=Together, before fees—+ Points / potential airdropVest: Active · Paradex: Active · farm boardneeds both histories
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest MSFT-USD-PERP | 501.59 | 0.0046 | pay 0.0006% / 1h | 54m 33s | — | $1K | 25x |
| Short | Paradex MSFT-USD-PERP | 501.58 | 0.0053 | get 0.0053% / 8h | 5h 54m | $221 | — | 5x |
Vest MSFT-USD-PERP
Paradex MSFT-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- $1.55
- Price spread: −0.002% → 0.000%
- −$0.24
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$4.7
- Costs to cover
- 0.060%
- Break-even
- 28.2 days
Slippage unknown: Vest: no order-book sample; Paradex: 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 Paradex no order-book sample | — | — | — | — | — |
Vest and Paradex: 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado MSFT-PERP | −0.0138% | 1h | 501.51 | −0.016% | $414K | $64K | 20x | as long as short |
| Coinbase International MSFT-PERP-INTX | −0.0064% | 1h | 501.24 | −0.070% | $679K | $456K | 10x | as long as short |
| Aster MSFTUSDT | 0.0000% | 8h | 501.75 | +0.031% | $161K | $116K | 20x | as long as short |
| Extended MSFT_24_5-USD | 0.0000% | 1h | 501.50 | −0.017% | $337K | $889K | 17x | as long as short |
| Binance MSFTUSDT | 0.0000% | 8h | 501.66 | +0.014% | $15.6M | $18.7M | 20x | as long as short |
| Bybit MSFTUSDT | 0.0000% | 8h | 501.68 | +0.018% | $7.4M | $1.6M | 100x | as long as short |
| OKX MSFT-USDT-SWAP | 0.0000% | 8h | 501.83 | +0.048% | $3.0M | $2.3M | 20x | as long as short |
| Gate MSFT_USDT | 0.0000% | 8h | 501.41 | −0.036% | $3.1M | $1.6M | 100x | as long as short |
| Bitget MSFTUSDT | 0.0000% | 8h | 501.60 | +0.002% | $4.5M | $2.5M | 100x | as long as short |
| Variational Omni MSFT | 0.0000% | 8h | 501.53 | −0.013% | $1.3M | $650K | — | as long as short |
Nado MSFT-PERP
Coinbase International MSFT-PERP-INTX
Aster MSFTUSDT
Extended MSFT_24_5-USD
Binance MSFTUSDT
Bybit MSFTUSDT
OKX MSFT-USDT-SWAP
Gate MSFT_USDT
Bitget MSFTUSDT
Variational Omni MSFTShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT MSFT_USDT_Perp | 0.0000% | 8h | 501.63 | +0.009% | $18K | $293K | 10x | as long as short |
| SunX MSFT-USDT | 0.0000% | 8h | 502.39 | +0.159% | $6K | $4.1M | 20x | as long as short |
| Deribit MSFT_USDC-PERPETUAL | 0.0000% | 1h | 501.28 | −0.062% | $27K | $41K | 10x | as long as short |
| HTX MSFT-USDT | 0.0000% | 8h | 501.44 | −0.030% | $59K | $225K | 20x | as long as short |
| Phemex MSFTUSDT | 0.0000% | 8h | 501.75 | +0.032% | $2.2M | $762K | 10x | as long as short |
| tradeXYZ xyz:MSFT | +0.0022% | 1h | 501.25 | −0.068% | $22.1M | $9.1M | 20x | as long as short |
| QFEX MSFT-USD | +0.0030% | 1h | 501.46 | −0.026% | $1.1M | $5.7M | 10x | as long as short |
| Lighter RH MSFT | +0.0032% | 1h | 501.47 | −0.024% | $658K | $2.0M | 20x | as long as short |
| Lighter MSFT | +0.0040% | 1h | 501.73 | +0.028% | $1.1M | $454K | 20x | as long as short |
| Arcus MSFT-USD | +0.0040% | 1h | 501.41 | −0.036% | $97K | $109K | 10x | as long as short |
| Vest MSFT-USD-PERPlong | +0.0046% | 1h | 501.59 | long leg | — | $1K | 25x | |
| Polymarket Perps MSFT-USD | +0.0050% | 1h | 501.24 | −0.070% | $303K | $671K | 10x | as long as short |
| SoDEX MSFT-USD | +0.0050% | 1h | 501.51 | −0.016% | $60K | $3K | 10x | as long as short |
| Ondo Perps MSFT-USD.P | +0.0050% | 1h | 501.12 | −0.094% | $522K | $481K | 15x | as long as short |
| Paradex MSFT-USD-PERPshort | +0.0053% | 8h | 501.58 | −0.002% | $221 | — | 5x | |
| Phoenix MSFT | +0.0080% | 1h | 501.34 | −0.050% | $10K | $15K | 20x | as long as short |
| Hotstuff MSFT-PERP | +0.0080% | 1h | 501.25 | −0.068% | $32K | $8K | 20x | as long as short |
| KuCoin MSFTUSDTM | +0.0100% | 8h | 501.32 | −0.054% | $1.5M | $19K | 20x | as long as short |
| ApeX Omni MSFTUSDT | +0.0100% | 1h | 501.25 | −0.068% | $160K | $7K | 50x | as long as short |
| Orderly PERP_MSFT_USDC_mythos | +0.0100% | 8h | 501.47 | −0.024% | $8K | — | 10x | as long as short |
| Aevo MSFT-PERP | +0.0104% | 1h | 501.49 | −0.020% | $55 | — | 10x | as long as short |
| Injective MSFT/USDC PERP | +0.0220% | 1h | 501.87 | +0.056% | $115K | $45K | 30x | as long as short |
| edgeX MSFTUSDC | +0.0739% | 4h | 501.56 | −0.006% | $102K | $242K | 10x | as long as short |
GRVT MSFT_USDT_Perp
SunX MSFT-USDT
Deribit MSFT_USDC-PERPETUAL
HTX MSFT-USDT
Phemex MSFTUSDT
tradeXYZ xyz:MSFT
QFEX MSFT-USD
Lighter RH MSFT
Lighter MSFT
Arcus MSFT-USD
Polymarket Perps MSFT-USD
SoDEX MSFT-USD
Ondo Perps MSFT-USD.P
Phoenix MSFT
Hotstuff MSFT-PERP
KuCoin MSFTUSDTM
ApeX Omni MSFTUSDT
Orderly PERP_MSFT_USDC_mythos
Aevo MSFT-PERP
Injective MSFT/USDC PERP
edgeX MSFTUSDC