data as of
Settings8H · net · $10k
Funding arb /

MSFT

RWAall MSFT markets
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Funding spread now, next payment 16:00 UTC−0.0105%/8h
next payment, per $10,000$0.13paid, last 24h+0.030%paid, last 3 days+0.341%to open and close $10k−$33
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus MSFT-USD493.290.0325pay 0.0041% / 1h38m 52s$112K$48K10x
ShortInjective MSFT/USDC PERP493.400.0220get 0.0028% / 1h38m 52s$113K$154K30x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$22.04
Slippage, 4 orders
−$28.27
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$54.83
Break-even
never at this rate
Slippage from Arcus: live order book, 11 min ago; Injective: live order book, 11 min ago.

Price risk

price view
Price gap now
+0.022%
Avg gap 7d
−0.037%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Arcus live order book, 11 min ago2.03 bp8.6 bp −$99.6 bp −$9612.9 bp −$1,294doesn't fit
Sell Injective live order book, 11 min ago9.94 bp9.9 bp −$109.9 bp −$99doesn't fitdoesn't fit

MSFT on 33 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Coinbase International MSFT-PERP-INTX−0.0008%1h$663K$333K10xas long as short
BloFin MSFT-USDT−0.0005%8h$194K$142K20xas long as short
Nado MSFT-PERP−0.0004%1h$458K$4K20xas long as short
Aster MSFTUSDT0.0000%8h$151K$76K20xas long as short
Extended MSFT_24_5-USD0.0000%1h$327K$380K17xas long as short
Binance MSFTUSDT0.0000%8h$15.8M$13.0M20xas long as short
Bybit MSFTUSDT0.0000%8h$7.4M$1.1M100xas long as short
OKX MSFT-USDT-SWAP0.0000%8h$3.1M$1.4M20xas long as short
Gate MSFT_USDT0.0000%8h$3.0M$1.0M100xas long as short
Bitget MSFTUSDT0.0000%8h$3.7M$1.6M100xas long as short
Show all 33 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Variational Omni MSFT0.0000%8h$1.2M$690Kas long as short
SunX MSFT-USDT0.0000%8h$6K$3.9M20xas long as short
Deribit MSFT_USDC-PERPETUAL0.0000%1h$27K$104K10xas long as short
HTX MSFT-USDT0.0000%8h$58K$230K20xas long as short
Phemex MSFTUSDT0.0000%8h$2.1M$481K10xas long as short
Lighter MSFT+0.0032%1h$1.1M$529K20xas long as short
Lighter RH MSFT+0.0032%1h$677K$2.0M20xas long as short
Hotstuff MSFT-PERP+0.0040%1h$40K20xas long as short
Vest MSFT-USD-PERP+0.0046%1h25xas long as short
tradeXYZ xyz:MSFT+0.0050%1h$23.1M$6.1M20xas long as short
Polymarket Perps MSFT-USD+0.0050%1h$288K$472K10xas long as short
SoDEX MSFT-USD+0.0050%1h$59K$3K10xas long as short
Ondo Perps MSFT-USD.P+0.0050%1h$536K$373K15xas long as short
Paradex MSFT-USD-PERP+0.0052%8h$2175xas long as short
QFEX MSFT-USD+0.0052%1h$1.2M$3.4M10xas long as short
Phoenix MSFT+0.0065%1h$10K$15K20xas long as short
KuCoin MSFTUSDTM+0.0100%8h$1.4M$7K20xas long as short
ApeX Omni MSFTUSDT+0.0100%1h$157K$7K50xas long as short
Orderly PERP_MSFT_USDC_mythos+0.0100%8h$8K10xas long as short
Aevo MSFT-PERP+0.0104%1h$5410xas long as short
Injective MSFT/USDC PERPshort+0.0220%1h$113K$154K30x
edgeX MSFTUSDC+0.0248%4h$100K$243K10xas long as short
Arcus MSFT-USDlong+0.0325%1h$112K$48K10x