MSFT

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0054%/8h= −5.9% APRnext payment −$0.07 per $10,000 · paid last 24h −0.016%

Price spread now: SoDEX against Aevo+0.008%7-day average — · you sell dearer than you buy

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

Long on Aevo Short on SoDEX

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—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo MSFT-PERP	501.58	0.0104	pay 0.0013% / 1h	15m 02s	$55	—	10x
Short	SoDEX MSFT-USD	501.62	0.0050	get 0.0006% / 1h	15m 02s	$60K	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Aevo. 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 AevobpFee SoDEXbpOrdersPrice spread, now +0.008%Rate

Funding earned: −$11.34
Price spread: +0.008% → 0.000%: $0.77
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$34.57
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; SoDEX: 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 Aevo no order-book sample	—	—	—	—	—
Sell SoDEX no order-book sample	—	—	—	—	—

Aevo and SoDEX: 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	−0.072%	$679K	$457K	10x	as long as short
Nado MSFT-PERP	−0.0006%	1h	501.52	−0.012%	$414K	$64K	20x	as long as short
Aster MSFTUSDT	0.0000%	8h	501.79	+0.042%	$161K	$116K	20x	as long as short
Extended MSFT_24_5-USD	0.0000%	1h	501.56	−0.005%	$337K	$899K	17x	as long as short
Binance MSFTUSDT	0.0000%	8h	501.70	+0.024%	$15.6M	$18.8M	20x	as long as short
Bybit MSFTUSDT	0.0000%	8h	501.72	+0.028%	$7.4M	$1.6M	100x	as long as short
OKX MSFT-USDT-SWAP	0.0000%	8h	501.90	+0.064%	$3.0M	$2.3M	20x	as long as short
Gate MSFT_USDT	0.0000%	8h	501.59	+0.002%	$3.1M	$1.7M	100x	as long as short
Bitget MSFTUSDT	0.0000%	8h	501.68	+0.020%	$4.5M	$2.5M	100x	as long as short
Variational Omni MSFT	0.0000%	8h	501.63	+0.009%	$1.3M	$682K	—	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT MSFT_USDT_Perp	0.0000%	8h	501.75	+0.034%	$18K	$296K	10x	as long as short
SunX MSFT-USDT	0.0000%	8h	502.46	+0.175%	$6K	$4.1M	20x	as long as short
HTX MSFT-USDT	0.0000%	8h	501.84	+0.052%	$59K	$226K	20x	as long as short
Phemex MSFTUSDT	0.0000%	8h	502.00	+0.083%	$2.2M	$765K	10x	as long as short
Lighter RH MSFT	+0.0032%	1h	501.55	−0.006%	$627K	$2.0M	20x	as long as short
QFEX MSFT-USD	+0.0038%	1h	501.59	+0.002%	$1.1M	$5.7M	10x	as long as short
Arcus MSFT-USD	+0.0040%	1h	501.50	−0.016%	$97K	$109K	10x	as long as short
Vest MSFT-USD-PERP	+0.0046%	1h	501.71	+0.026%	—	$1K	25x	as long as short
tradeXYZ xyz:MSFT	+0.0050%	1h	501.37	−0.042%	$22.1M	$9.3M	20x	as long as short
Polymarket Perps MSFT-USD	+0.0050%	1h	501.30	−0.056%	$303K	$671K	10x	as long as short
SoDEX MSFT-USDshort	+0.0050%	1h	501.62	+0.008%	$60K	$3K	10x
Ondo Perps MSFT-USD.P	+0.0050%	1h	501.46	−0.024%	$522K	$518K	15x	as long as short
Paradex MSFT-USD-PERP	+0.0055%	8h	501.58	+0.001%	$221	—	5x	as long as short
Hotstuff MSFT-PERP	+0.0072%	1h	501.39	−0.038%	$32K	$8K	20x	as long as short
Phoenix MSFT	+0.0080%	1h	501.60	+0.004%	$10K	$15K	20x	as long as short
Deribit MSFT_USDC-PERPETUAL	+0.0089%	1h	501.62	+0.008%	$27K	$41K	10x	as long as short
KuCoin MSFTUSDTM	+0.0100%	8h	501.36	−0.044%	$1.5M	$19K	20x	as long as short
ApeX Omni MSFTUSDT	+0.0100%	1h	501.29	−0.058%	$160K	$7K	50x	as long as short
Orderly PERP_MSFT_USDC_mythos	+0.0100%	8h	501.63	+0.010%	$8K	—	10x	as long as short
Aevo MSFT-PERPlong	+0.0104%	1h	501.58	long leg	$55	—	10x
Lighter MSFT	+0.0160%	1h	501.80	+0.044%	$1.1M	$489K	20x	as long as short
Injective MSFT/USDC PERP	+0.0220%	1h	501.78	+0.040%	$115K	$45K	30x	as long as short
edgeX MSFTUSDC	+0.0345%	4h	501.68	+0.019%	$102K	$243K	10x	as long as short