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

MSFT

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Funding spread now, next payment 15:00 UTC+0.0151%/8h
paid, last 24h+0.025%paid, last 3 days+0.090%to open and close $10k−$28
Long on BinanceShort on Arcus
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance MSFTUSDT494.100get 0.0000% / 8h1h 30m$15.7M$12.0M20x
ShortArcus MSFT-USD493.930.0151get 0.0019% / 1h30m 57s$112K$49K10x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$31.65
Slippage, 4 orders
−$13.15
Fee Binance: 5 bp × 2 orders
−$10
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
$4
Break-even
6.1 days
Slippage from Binance: live order book, 11 min ago; Arcus: live order book, 24 min ago.

Price risk

price view
Price gap now
−0.034%
Avg gap 7d
−0.031%
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 Binance live order book, 11 min ago0.10 bp5.9 bp −$69.8 bp −$9841.4 bp −$4,141doesn't fit
Sell Arcus live order book, 24 min ago3.72 bp6.5 bp −$67.2 bp −$7210.7 bp −$1,068doesn't fit

MSFT on 33 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Hotstuff MSFT-PERP−0.1552%1h$40K—20xas long as short
edgeX MSFTUSDC−0.0989%4h$101K$245K10xas long as short
Nado MSFT-PERP−0.0017%1h$459K$3K20xas long as short
Coinbase International MSFT-PERP-INTX−0.0016%1h$664K$327K10xas long as short
Aster MSFTUSDT0.0000%8h$153K$60K20xas long as short
Extended MSFT_24_5-USD0.0000%1h$329K$380K17xas long as short
Binance MSFTUSDTlong0.0000%8h$15.7M$12.0M20x
Bybit MSFTUSDT0.0000%8h$7.2M$922K100xas long as short
OKX MSFT-USDT-SWAP0.0000%8h$3.0M$892K20xas long as short
Gate MSFT_USDT0.0000%8h$3.0M$969K100xas long as short
Show all 33 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Bitget MSFTUSDT0.0000%8h$3.8M$1.5M100xas long as short
Variational Omni MSFT0.0000%8h$1.3M$652K—as long as short
SunX MSFT-USDT0.0000%8h$6K$3.5M20xas long as short
Deribit MSFT_USDC-PERPETUAL0.0000%1h$27K$98K10xas long as short
HTX MSFT-USDT0.0000%8h$58K$230K20xas long as short
Phemex MSFTUSDT0.0000%8h$2.1M$423K10xas long as short
BloFin MSFT-USDT+0.0015%8h$191K$124K20xas long as short
Phoenix MSFT+0.0016%1h$10K$15K20xas long as short
Lighter MSFT+0.0032%1h$1.1M$522K20xas long as short
Lighter RH MSFT+0.0032%1h$687K$2.1M20xas long as short
QFEX MSFT-USD+0.0038%1h$1.1M$3.1M10xas long as short
Vest MSFT-USD-PERP+0.0046%1h——25xas long as short
tradeXYZ xyz:MSFT+0.0050%1h$23.2M$5.9M20xas long as short
Polymarket Perps MSFT-USD+0.0050%1h$291K$411K10xas long as short
SoDEX MSFT-USD+0.0050%1h$59K$3K10xas long as short
Ondo Perps MSFT-USD.P+0.0050%1h$539K$369K15xas long as short
Paradex MSFT-USD-PERP+0.0052%8h$217—5xas long as short
KuCoin MSFTUSDTM+0.0100%8h$1.5M$6K20xas long as short
ApeX Omni MSFTUSDT+0.0100%1h$157K$7K50xas long as short
Orderly PERP_MSFT_USDC_mythos+0.0100%8h$8K—10xas long as short
Aevo MSFT-PERP+0.0104%1h$54—10xas long as short
Arcus MSFT-USDshort+0.0151%1h$112K$49K10x
Injective MSFT/USDC PERP+0.0220%1h$113K$184K30xas long as short