Funding you earn now, next payment 07:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h +0.014%
Price spread now: Vest against Aster+0.058%7-day average — · you sell dearer than you buy
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
=Together, before fees—+ Points / potential airdropAster: Stage 5 · Vest: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Vest is 0.058% dearer against Aster than usual: you sell high and buy low: +$6 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 | 503.41 | 0 | get 0.0000% / 8h | 1h 16m | $162K | $114K | 20x |
| Short | Vest MSFT-USD-PERP | 503.70 | 0.0046 | get 0.0006% / 1h | 16m 26s | — | $1K | 25x |
Aster MSFTUSDT
Vest MSFT-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest against Aster. 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
- $9.59
- Price spread: +0.058% → 0.000%
- $5.83
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- $5.43
- Costs to cover
- 0.100%
- Break-even
- 3.0 days
Slippage unknown: Aster: live order book, 25 min ago; 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Aster live order book, 25 min ago | 9.72 bp | 21.7 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
| Sell Vest no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX MSFTUSDC | −0.0427% | 4h | 503.50 | +0.018% | $102K | $244K | 10x | as long as short |
| Coinbase International MSFT-PERP-INTX | −0.0048% | 1h | 503.66 | +0.050% | $682K | $500K | 10x | as long as short |
| Aster MSFTUSDTlong | 0.0000% | 8h | 503.41 | long leg | $162K | $114K | 20x | |
| Extended MSFT_24_5-USD | 0.0000% | 1h | 503.54 | +0.026% | $338K | $1.2M | 17x | as long as short |
| Binance MSFTUSDT | 0.0000% | 8h | 503.70 | +0.058% | $15.8M | $19.7M | 20x | as long as short |
| Bybit MSFTUSDT | 0.0000% | 8h | 503.42 | +0.003% | $7.3M | $2.3M | 100x | as long as short |
| OKX MSFT-USDT-SWAP | 0.0000% | 8h | 503.76 | +0.070% | $3.0M | $2.4M | 20x | as long as short |
| Gate MSFT_USDT | 0.0000% | 8h | 503.52 | +0.023% | $3.1M | $1.8M | 100x | as long as short |
| Bitget MSFTUSDT | 0.0000% | 8h | 503.68 | +0.054% | $3.8M | $3.0M | 100x | as long as short |
| Variational Omni MSFT | 0.0000% | 8h | 503.75 | +0.068% | $1.3M | $499K | — | as long as short |
edgeX MSFTUSDC
Coinbase International MSFT-PERP-INTX
Extended MSFT_24_5-USD
Binance MSFTUSDT
Bybit MSFTUSDT
OKX MSFT-USDT-SWAP
Gate MSFT_USDT
Bitget MSFTUSDT
Variational Omni MSFTShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT MSFT_USDT_Perp | 0.0000% | 8h | 503.61 | +0.040% | $19K | $328K | 10x | as long as short |
| SunX MSFT-USDT | 0.0000% | 8h | 504.48 | +0.213% | $6K | $3.9M | 20x | as long as short |
| Deribit MSFT_USDC-PERPETUAL | 0.0000% | 1h | 503.46 | +0.011% | $27K | $44K | 10x | as long as short |
| HTX MSFT-USDT | 0.0000% | 8h | 503.63 | +0.044% | $59K | $225K | 20x | as long as short |
| Phemex MSFTUSDT | 0.0000% | 8h | 503.71 | +0.060% | $2.2M | $822K | 10x | as long as short |
| BloFin MSFT-USDT | +0.0013% | 8h | 503.68 | +0.054% | $190K | $207K | 20x | as long as short |
| Nado MSFT-PERP | +0.0025% | 1h | 503.40 | −0.001% | $414K | $67K | 20x | as long as short |
| Lighter RH MSFT | +0.0032% | 1h | 503.48 | +0.015% | $700K | $2.0M | 20x | as long as short |
| QFEX MSFT-USD | +0.0039% | 1h | 503.61 | +0.040% | $1.2M | $4.8M | 10x | as long as short |
| Arcus MSFT-USD | +0.0040% | 1h | 503.40 | −0.001% | $97K | $110K | 10x | as long as short |
| Vest MSFT-USD-PERPshort | +0.0046% | 1h | 503.70 | +0.058% | — | $1K | 25x | |
| tradeXYZ xyz:MSFT | +0.0050% | 1h | 503.16 | −0.049% | $22.4M | $9.0M | 20x | as long as short |
| Polymarket Perps MSFT-USD | +0.0050% | 1h | 503.27 | −0.027% | $303K | $718K | 10x | as long as short |
| SoDEX MSFT-USD | +0.0050% | 1h | 503.59 | +0.036% | $60K | $3K | 10x | as long as short |
| Ondo Perps MSFT-USD.P | +0.0050% | 1h | 503.13 | −0.055% | $522K | $476K | 15x | as long as short |
| Paradex MSFT-USD-PERP | +0.0059% | 8h | 503.52 | +0.024% | $222 | — | 5x | as long as short |
| Phoenix MSFT | +0.0064% | 1h | 503.43 | +0.005% | $11K | $15K | 20x | as long as short |
| Hotstuff MSFT-PERP | +0.0088% | 1h | 503.18 | −0.045% | $32K | $8K | 20x | as long as short |
| KuCoin MSFTUSDTM | +0.0100% | 8h | 503.10 | −0.061% | $1.6M | $60K | 20x | as long as short |
| ApeX Omni MSFTUSDT | +0.0100% | 1h | 503.21 | −0.039% | $160K | $7K | 50x | as long as short |
| Orderly PERP_MSFT_USDC_mythos | +0.0100% | 8h | 503.53 | +0.025% | $8K | — | 10x | as long as short |
| Aevo MSFT-PERP | +0.0104% | 1h | 503.61 | +0.041% | $55 | — | 10x | as long as short |
| Lighter MSFT | +0.0160% | 1h | 503.72 | +0.062% | $1.2M | $517K | 20x | as long as short |
| Injective MSFT/USDC PERP | +0.0220% | 1h | 504.04 | +0.126% | $115K | $45K | 30x | as long as short |
GRVT MSFT_USDT_Perp
SunX MSFT-USDT
Deribit MSFT_USDC-PERPETUAL
HTX MSFT-USDT
Phemex MSFTUSDT
BloFin MSFT-USDT
Nado MSFT-PERP
Lighter RH MSFT
QFEX MSFT-USD
Arcus MSFT-USD
tradeXYZ xyz:MSFT
Polymarket Perps MSFT-USD
SoDEX MSFT-USD
Ondo Perps MSFT-USD.P
Paradex MSFT-USD-PERP
Phoenix MSFT
Hotstuff MSFT-PERP
KuCoin MSFTUSDTM
ApeX Omni MSFTUSDT
Orderly PERP_MSFT_USDC_mythos
Aevo MSFT-PERP
Lighter MSFT
Injective MSFT/USDC PERP