Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.5% APRnext payment +$0.01 per $10,000 · paid last 24h +0.007%
Price spread now: Polymarket Perps against Vest−0.058%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
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Polymarket Perps is 0.058% cheaper against Vest than usual: you would sell low and buy high, −$6 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 | 501.62 | 0.0046 | pay 0.0006% / 1h | 12m 29s | — | — | 25x |
| Short | Polymarket Perps MSFT-USD | 501.33 | 0.0050 | get 0.0006% / 1h | 12m 29s | $309K | $683K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0.91
- Price spread: −0.058% → 0.000%
- −$5.78
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$14.87
- Costs to cover
- 0.100%
- Break-even
- 121.8 days
Slippage unknown: Vest: no order-book sample; Polymarket Perps: live order book, 10 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 Polymarket Perps live order book, 10 min ago | 1.50 bp | 5.5 bp −$5 | 5.7 bp −$57 | 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 | −0.0040% | 1h | 501.37 | −0.050% | $32K | $8K | 20x | as long as short |
| Coinbase International MSFT-PERP-INTX | −0.0040% | 1h | 501.47 | −0.030% | $690K | $433K | 10x | as long as short |
| Nado MSFT-PERP | −0.0007% | 1h | 501.37 | −0.049% | $414K | $64K | 20x | as long as short |
| Aster MSFTUSDT | 0.0000% | 8h | 501.90 | +0.056% | $161K | $116K | 20x | as long as short |
| Extended MSFT_24_5-USD | 0.0000% | 1h | 501.73 | +0.022% | $372K | $369K | 17x | as long as short |
| Binance MSFTUSDT | 0.0000% | 8h | 501.83 | +0.041% | $15.7M | $19.3M | 20x | as long as short |
| Bybit MSFTUSDT | 0.0000% | 8h | 501.89 | +0.054% | $7.4M | $1.7M | 100x | as long as short |
| OKX MSFT-USDT-SWAP | 0.0000% | 8h | 501.78 | +0.032% | $3.0M | $2.3M | 20x | as long as short |
| Gate MSFT_USDT | 0.0000% | 8h | 501.60 | −0.004% | $3.1M | $1.5M | 100x | as long as short |
| Bitget MSFTUSDT | 0.0000% | 8h | 501.83 | +0.042% | $3.8M | $2.2M | 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 | 501.80 | +0.036% | $1.3M | $726K | — | as long as short |
| GRVT MSFT_USDT_Perp | 0.0000% | 8h | 501.70 | +0.017% | $19K | $328K | 10x | as long as short |
| SunX MSFT-USDT | 0.0000% | 8h | 502.60 | +0.195% | $6K | $4.4M | 20x | as long as short |
| HTX MSFT-USDT | 0.0000% | 8h | 501.65 | +0.006% | $59K | $230K | 20x | as long as short |
| Phemex MSFTUSDT | 0.0000% | 8h | 501.95 | +0.066% | $2.2M | $766K | 10x | as long as short |
| BloFin MSFT-USDT | +0.0004% | 8h | 501.84 | +0.044% | $189K | $210K | 20x | as long as short |
| Lighter MSFT | +0.0032% | 1h | 501.69 | +0.014% | $1.1M | $653K | 20x | as long as short |
| Lighter RH MSFT | +0.0032% | 1h | 501.61 | −0.002% | $652K | $2.2M | 20x | as long as short |
| Vest MSFT-USD-PERPlong | +0.0046% | 1h | 501.62 | long leg | — | — | 25x | |
| tradeXYZ xyz:MSFT | +0.0050% | 1h | 501.39 | −0.046% | $22.2M | $10.0M | 20x | as long as short |
| Polymarket Perps MSFT-USDshort | +0.0050% | 1h | 501.33 | −0.058% | $309K | $683K | 10x | |
| SoDEX MSFT-USD | +0.0050% | 1h | 501.73 | +0.022% | $60K | $3K | 10x | as long as short |
| Paradex MSFT-USD-PERP | +0.0050% | 8h | 501.70 | +0.015% | $221 | — | 5x | as long as short |
| Ondo Perps MSFT-USD.P | +0.0050% | 1h | 501.27 | −0.070% | $521K | $485K | 15x | as long as short |
| QFEX MSFT-USD | +0.0050% | 1h | 501.69 | +0.014% | $1.2M | $5.7M | 10x | as long as short |
| Deribit MSFT_USDC-PERPETUAL | +0.0089% | 1h | 501.66 | +0.008% | $27K | $104K | 10x | as long as short |
| Phoenix MSFT | +0.0096% | 1h | 501.61 | −0.002% | $10K | $15K | 20x | as long as short |
| KuCoin MSFTUSDTM | +0.0100% | 8h | 501.20 | −0.084% | $1.5M | $19K | 20x | as long as short |
| ApeX Omni MSFTUSDT | +0.0100% | 1h | 501.40 | −0.044% | $160K | $7K | 50x | as long as short |
| Orderly PERP_MSFT_USDC_mythos | +0.0100% | 8h | 501.69 | +0.014% | $8K | — | 10x | as long as short |
| Aevo MSFT-PERP | +0.0104% | 1h | 501.76 | +0.028% | $55 | — | 10x | as long as short |
| Injective MSFT/USDC PERP | +0.0220% | 1h | 501.89 | +0.054% | $115K | $45K | 30x | as long as short |
| Arcus MSFT-USD | +0.0531% | 1h | 501.61 | −0.002% | $109K | $90K | 10x | as long as short |
| edgeX MSFTUSDC | +0.0559% | 4h | 501.81 | +0.037% | $102K | $244K | 10x | as long as short |
Polymarket Perps MSFT-USD
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 MSFT
GRVT MSFT_USDT_Perp
SunX MSFT-USDT
HTX MSFT-USDT
Phemex MSFTUSDT
BloFin MSFT-USDT
Lighter MSFT
Lighter RH MSFT
tradeXYZ xyz:MSFT
SoDEX MSFT-USD
Paradex MSFT-USD-PERP
Deribit MSFT_USDC-PERPETUAL
Phoenix MSFT
KuCoin MSFTUSDTM
ApeX Omni MSFTUSDT
Injective MSFT/USDC PERP
edgeX MSFTUSDC