MSFT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0057%/8h= +6.2% APRnext payment +$0.57 per $10,000 · paid last 24h +0.015%

Price spread now: Paradex against Bitget−0.029%52s7-day average — · you buy dearer than you sell

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

Long on Bitget Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Funding pays, the price is against you. Paradex is 0.029% cheaper against Bitget than usual: you would sell low and buy high (spread −0.029% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 41 hours of funding at the current rate (+$2 a day). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget MSFTUSDT	501.38	0	get 0.0000% / 8h	4h 38m	$4.5M	$2.5M	100x
Short	Paradex MSFT-USD-PERP	501.23	0.0057	get 0.0057% / 8h	4h 38m	$221	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Bitget. 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 BitgetbpFee ParadexbpOrdersPrice spread, now −0.029%Rate

Funding earned: $11.95
Price spread: −0.029% → 0.000%: −$2.92
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$6.97
Costs to cover: 0.160%
Break-even: 11.1 days

Slippage unknown: Bitget: live order book, 4 min ago; Paradex: 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 Bitget live order book, 4 min ago	0.30 bp	11.3 bp −$11	13.7 bp −$137	57.8 bp −$5,785	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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
Coinbase International MSFT-PERP-INTX	−0.0040%	1h	500.97	−0.082%	$678K	$456K	10x	as long as short
Nado MSFT-PERP	−0.0026%	1h	501.03	−0.070%	$414K	$64K	20x	as long as short
Aster MSFTUSDT	0.0000%	8h	501.04	−0.068%	$161K	$116K	20x	as long as short
Extended MSFT_24_5-USD	0.0000%	1h	501.28	−0.021%	$341K	$893K	17x	as long as short
Binance MSFTUSDT	0.0000%	8h	501.39	+0.002%	$15.8M	$19.1M	20x	as long as short
Bybit MSFTUSDT	0.0000%	8h	501.07	−0.062%	$7.2M	$2.1M	100x	as long as short
OKX MSFT-USDT-SWAP	0.0000%	8h	501.55	+0.034%	$3.0M	$2.3M	20x	as long as short
Gate MSFT_USDT	0.0000%	8h	501.25	−0.026%	$3.1M	$1.7M	100x	as long as short
Bitget MSFTUSDTlong	0.0000%	8h	501.38	long leg	$4.5M	$2.5M	100x
Variational Omni MSFT	0.0000%	8h	501.35	−0.006%	$1.3M	$613K	—	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT MSFT_USDT_Perp	0.0000%	8h	501.38	0.000%	$19K	$302K	10x	as long as short
SunX MSFT-USDT	0.0000%	8h	502.15	+0.154%	$6K	$4.0M	20x	as long as short
Deribit MSFT_USDC-PERPETUAL	0.0000%	1h	501.06	−0.064%	$27K	$41K	10x	as long as short
HTX MSFT-USDT	0.0000%	8h	501.22	−0.032%	$58K	$226K	20x	as long as short
Phemex MSFTUSDT	0.0000%	8h	501.50	+0.024%	$2.2M	$779K	10x	as long as short
BloFin MSFT-USDT	+0.0010%	8h	501.40	+0.004%	$189K	$204K	20x	as long as short
Lighter RH MSFT	+0.0032%	1h	501.11	−0.054%	$674K	$2.0M	20x	as long as short
QFEX MSFT-USD	+0.0036%	1h	501.24	−0.028%	$1.1M	$5.6M	10x	as long as short
Arcus MSFT-USD	+0.0040%	1h	501.10	−0.056%	$96K	$111K	10x	as long as short
Vest MSFT-USD-PERP	+0.0046%	1h	501.06	−0.064%	—	$1K	25x	as long as short
Phoenix MSFT	+0.0048%	1h	500.92	−0.092%	$10K	$15K	20x	as long as short
tradeXYZ xyz:MSFT	+0.0050%	1h	500.85	−0.106%	$22.1M	$8.7M	20x	as long as short
Polymarket Perps MSFT-USD	+0.0050%	1h	500.95	−0.086%	$295K	$672K	10x	as long as short
SoDEX MSFT-USD	+0.0050%	1h	501.25	−0.026%	$60K	$3K	10x	as long as short
Ondo Perps MSFT-USD.P	+0.0050%	1h	500.97	−0.082%	$527K	$456K	15x	as long as short
Paradex MSFT-USD-PERPshort	+0.0057%	8h	501.23	−0.029%	$221	—	5x
Hotstuff MSFT-PERP	+0.0096%	1h	500.85	−0.106%	$32K	$8K	20x	as long as short
KuCoin MSFTUSDTM	+0.0100%	8h	500.87	−0.102%	$1.5M	$20K	20x	as long as short
ApeX Omni MSFTUSDT	+0.0100%	1h	501.05	−0.066%	$159K	$7K	50x	as long as short
Orderly PERP_MSFT_USDC_mythos	+0.0100%	8h	501.24	−0.028%	$8K	—	10x	as long as short
Aevo MSFT-PERP	+0.0104%	1h	501.26	−0.023%	$55	—	10x	as long as short
Lighter MSFT	+0.0120%	1h	501.38	0.000%	$1.1M	$489K	20x	as long as short
Injective MSFT/USDC PERP	+0.0220%	1h	501.66	+0.056%	$115K	$45K	30x	as long as short
edgeX MSFTUSDC	+0.0513%	4h	501.36	−0.003%	$102K	$242K	10x	as long as short