Settings8H · net · $10k
Funding arb · Price arb /

MSFT

RWAall MSFT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0058%/8h= −6.4% APRnext payment $0.07 per $10,000 · paid last 24h −0.017%
Price spread now: Vest against Aevo+0.036%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVest: Active · farm boardneeds both histories
The price spread pays, funding is against you. Vest is 0.036% dearer against Aevo than usual: you sell high and buy low (spread +0.036% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.1 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo MSFT-PERP504.120.0104pay 0.0013% / 1h24m 57s$5510x
ShortVest MSFT-USD-PERP504.300.0046get 0.0006% / 1h24m 57s$1K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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

Funding earned
−$12.25
Price spread: +0.036% → 0.000%
$3.62
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Vest: 1 bp × 2 orders
−$2
Net
−$26.63
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; Vest: 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
LegHalf-spread$10k$100k$1M$5M
Buy Aevo no order-book sample
Sell Vest no order-book sample
Aevo and 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International MSFT-PERP-INTX−0.0064%1h503.98−0.027%$687K$485K10xas long as short
Nado MSFT-PERP−0.0034%1h504.11−0.001%$415K$68K20xas long as short
BloFin MSFT-USDT−0.0009%8h504.26+0.028%$189K$206K20xas long as short
Aster MSFTUSDT0.0000%8h504.08−0.007%$162K$114K20xas long as short
Extended MSFT_24_5-USD0.0000%1h504.16+0.008%$338K$1.2M17xas long as short
Binance MSFTUSDT0.0000%8h504.35+0.045%$15.8M$19.4M20xas long as short
Bybit MSFTUSDT0.0000%8h504.00−0.023%$7.2M$2.2M100xas long as short
OKX MSFT-USDT-SWAP0.0000%8h504.30+0.036%$3.0M$2.4M20xas long as short
Gate MSFT_USDT0.0000%8h503.99−0.025%$3.1M$1.8M100xas long as short
Bitget MSFTUSDT0.0000%8h504.26+0.028%$3.8M$3.0M100xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni MSFT0.0000%8h504.15+0.006%$1.3M$477Kas long as short
GRVT MSFT_USDT_Perp0.0000%8h503.79−0.065%$19K$317K10xas long as short
SunX MSFT-USDT0.0000%8h505.12+0.199%$6K$3.9M20xas long as short
Deribit MSFT_USDC-PERPETUAL0.0000%1h504.04−0.015%$27K$43K10xas long as short
HTX MSFT-USDT0.0000%8h504.22+0.020%$59K$226K20xas long as short
Phemex MSFTUSDT0.0000%8h504.48+0.072%$2.2M$801K10xas long as short
Phoenix MSFT+0.0016%1h503.79−0.065%$11K$15K20xas long as short
Lighter RH MSFT+0.0032%1h504.07−0.009%$688K$2.0M20xas long as short
QFEX MSFT-USD+0.0036%1h504.25+0.026%$1.2M$4.8M10xas long as short
Arcus MSFT-USD+0.0040%1h503.79−0.065%$97K$110K10xas long as short
Vest MSFT-USD-PERPshort+0.0046%1h504.30+0.036%$1K25x
tradeXYZ xyz:MSFT+0.0050%1h503.92−0.039%$22.4M$8.9M20xas long as short
Polymarket Perps MSFT-USD+0.0050%1h503.88−0.047%$303K$720K10xas long as short
SoDEX MSFT-USD+0.0050%1h504.17+0.010%$61K$3K10xas long as short
Ondo Perps MSFT-USD.P+0.0050%1h503.80−0.063%$518K$471K15xas long as short
Paradex MSFT-USD-PERP+0.0052%8h504.19+0.014%$2225xas long as short
Lighter MSFT+0.0088%1h504.30+0.036%$1.2M$516K20xas long as short
KuCoin MSFTUSDTM+0.0100%8h503.49−0.124%$1.6M$57K20xas long as short
ApeX Omni MSFTUSDT+0.0100%1h503.91−0.041%$160K$7K50xas long as short
Orderly PERP_MSFT_USDC_mythos+0.0100%8h504.08−0.007%$8K10xas long as short
Aevo MSFT-PERPlong+0.0104%1h504.12long leg$5510x
Hotstuff MSFT-PERP+0.0192%1h503.67−0.089%$32K$8K20xas long as short
Injective MSFT/USDC PERP+0.0220%1h504.04−0.015%$115K$45K30xas long as short
edgeX MSFTUSDC+0.0832%4h504.10−0.004%$103K$242K10xas long as short