MSFT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%

Price spread now: Orderly against Aster+0.020%7-day average — · you sell dearer than you buy

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

Long on Aster Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Orderly is 0.020% dearer against Aster than usual: you sell high and buy low: +$2 more if the spread 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	Aster MSFTUSDT	503.46	0	get 0.0000% / 8h	1h 00m	$162K	$114K	20x
Short	Orderly PERP_MSFT_USDC_mythos	503.56	0.0100	get 0.0100% / 8h	1h 00m	$8K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Aster. 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 AsterbpFee OrderlybpOrdersPrice spread, now +0.020%Rate

Funding earned: $21
Price spread: +0.020% → 0.000%: $2.05
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Orderly: 3 bp × 2 orders: −$6
Net: $9.05
Costs to cover: 0.140%
Break-even: 4.0 days

Slippage unknown: Aster: live order book, 41 min ago; Orderly: 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 Aster live order book, 41 min ago	9.72 bp	21.7 bp −$22	doesn't fit	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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
edgeX MSFTUSDC	−0.0574%	4h	503.55	+0.019%	$102K	$244K	10x	as long as short
Coinbase International MSFT-PERP-INTX	−0.0048%	1h	503.66	+0.040%	$682K	$488K	10x	as long as short
BloFin MSFT-USDT	−0.0028%	8h	503.62	+0.032%	$190K	$207K	20x	as long as short
Aster MSFTUSDTlong	0.0000%	8h	503.46	long leg	$162K	$114K	20x
Extended MSFT_24_5-USD	0.0000%	1h	503.47	+0.002%	$338K	$1.4M	17x	as long as short
Binance MSFTUSDT	0.0000%	8h	503.61	+0.030%	$15.8M	$19.4M	20x	as long as short
Bybit MSFTUSDT	0.0000%	8h	503.36	−0.019%	$7.3M	$2.2M	100x	as long as short
OKX MSFT-USDT-SWAP	0.0000%	8h	503.59	+0.026%	$3.0M	$2.4M	20x	as long as short
Gate MSFT_USDT	0.0000%	8h	503.35	−0.021%	$3.1M	$1.8M	100x	as long as short
Bitget MSFTUSDT	0.0000%	8h	503.66	+0.040%	$3.8M	$2.9M	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	503.65	+0.038%	$1.3M	$414K	—	as long as short
GRVT MSFT_USDT_Perp	0.0000%	8h	503.58	+0.025%	$19K	$328K	10x	as long as short
SunX MSFT-USDT	0.0000%	8h	504.37	+0.181%	$6K	$3.9M	20x	as long as short
Deribit MSFT_USDC-PERPETUAL	0.0000%	1h	503.46	+0.001%	$27K	$44K	10x	as long as short
HTX MSFT-USDT	0.0000%	8h	503.50	+0.009%	$59K	$226K	20x	as long as short
Phemex MSFTUSDT	0.0000%	8h	503.74	+0.056%	$2.2M	$823K	10x	as long as short
Nado MSFT-PERP	+0.0022%	1h	503.27	−0.037%	$414K	$67K	20x	as long as short
Lighter RH MSFT	+0.0032%	1h	503.41	−0.009%	$695K	$2.0M	20x	as long as short
QFEX MSFT-USD	+0.0039%	1h	503.53	+0.014%	$1.2M	$4.8M	10x	as long as short
Arcus MSFT-USD	+0.0040%	1h	503.36	−0.019%	$97K	$110K	10x	as long as short
Vest MSFT-USD-PERP	+0.0046%	1h	503.64	+0.036%	—	$1K	25x	as long as short
tradeXYZ xyz:MSFT	+0.0050%	1h	503.17	−0.057%	$22.4M	$8.9M	20x	as long as short
Polymarket Perps MSFT-USD	+0.0050%	1h	503.28	−0.035%	$303K	$718K	10x	as long as short
SoDEX MSFT-USD	+0.0050%	1h	503.40	−0.011%	$60K	$3K	10x	as long as short
Ondo Perps MSFT-USD.P	+0.0050%	1h	503.25	−0.041%	$512K	$452K	15x	as long as short
Paradex MSFT-USD-PERP	+0.0056%	8h	503.43	−0.004%	$222	—	5x	as long as short
Phoenix MSFT	+0.0064%	1h	503.38	−0.015%	$11K	$15K	20x	as long as short
Hotstuff MSFT-PERP	+0.0072%	1h	503.22	−0.047%	$32K	$8K	20x	as long as short
KuCoin MSFTUSDTM	+0.0100%	8h	503.10	−0.071%	$1.6M	$60K	20x	as long as short
ApeX Omni MSFTUSDT	+0.0100%	1h	503.26	−0.039%	$160K	$7K	50x	as long as short
Orderly PERP_MSFT_USDC_mythosshort	+0.0100%	8h	503.56	+0.020%	$8K	—	10x
Aevo MSFT-PERP	+0.0104%	1h	503.51	+0.010%	$55	—	10x	as long as short
Lighter MSFT	+0.0136%	1h	503.57	+0.022%	$1.2M	$533K	20x	as long as short
Injective MSFT/USDC PERP	+0.0220%	1h	503.98	+0.104%	$115K	$45K	30x	as long as short