Funding you earn now, next payment 09:00 UTC+0.0079%/8h= +8.6% APRpaid last 24h +0.026%
Price spread now: Aevo against BloFin−0.010%113s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate. The two prices were read 113 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 | BloFin MSFT-USDT | 503.93 | 0.0025 | pay 0.0025% / 8h | 7h 21m | $192K | $203K | 20x |
| Short | Aevo MSFT-PERP | 503.88 | 0.0104 | get 0.0013% / 1h | 21m 21s | $55 | — | 10x |
BloFin MSFT-USDT
Aevo MSFT-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against BloFin. 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
- $16.56
- Price spread: −0.010% → 0.000%
- −$0.96
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$12.4
- Costs to cover
- 0.280%
- Break-even
- 12.2 days
Slippage unknown: BloFin: live order book, 44 min ago; Aevo: 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 BloFin live order book, 44 min ago | 0.89 bp | 6.9 bp −$7 | 10.2 bp −$102 | doesn't fit | doesn't fit |
| Sell Aevo no order-book sample | — | — | — | — | — |
Aevo: 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 | −0.0056% | 1h | 503.32 | −0.121% | $680K | $443K | 10x | as long as short |
| Nado MSFT-PERP | −0.0012% | 1h | 503.45 | −0.095% | $414K | $67K | 20x | as long as short |
| Aster MSFTUSDT | 0.0000% | 8h | 504.14 | +0.042% | $162K | $114K | 20x | as long as short |
| Extended MSFT_24_5-USD | 0.0000% | 1h | 503.83 | −0.019% | $335K | $1.9M | 17x | as long as short |
| Binance MSFTUSDT | 0.0000% | 8h | 503.97 | +0.008% | $16.3M | $19.3M | 20x | as long as short |
| Bybit MSFTUSDT | 0.0000% | 8h | 503.59 | −0.067% | $7.2M | $2.3M | 100x | as long as short |
| OKX MSFT-USDT-SWAP | 0.0000% | 8h | 503.96 | +0.006% | $3.0M | $2.4M | 20x | as long as short |
| Gate MSFT_USDT | 0.0000% | 8h | 503.67 | −0.052% | $3.1M | $1.9M | 100x | as long as short |
| Bitget MSFTUSDT | 0.0000% | 8h | 503.78 | −0.030% | $3.9M | $2.8M | 100x | as long as short |
| Variational Omni MSFT | 0.0000% | 8h | 503.92 | −0.003% | $1.3M | $387K | — | as long as short |
Coinbase International MSFT-PERP-INTX
Nado MSFT-PERP
Aster MSFTUSDT
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 | 503.92 | −0.002% | $19K | $316K | 10x | as long as short |
| SunX MSFT-USDT | 0.0000% | 8h | 504.74 | +0.161% | $7K | $3.5M | 20x | as long as short |
| HTX MSFT-USDT | 0.0000% | 8h | 503.89 | −0.008% | $59K | $225K | 20x | as long as short |
| Phemex MSFTUSDT | 0.0000% | 8h | 504.22 | +0.058% | $2.2M | $842K | 10x | as long as short |
| Phoenix MSFT | +0.0016% | 1h | 503.53 | −0.079% | $11K | $15K | 20x | as long as short |
| QFEX MSFT-USD | +0.0023% | 1h | 503.89 | −0.008% | $1.1M | $4.6M | 10x | as long as short |
| BloFin MSFT-USDTlong | +0.0025% | 8h | 503.93 | long leg | $192K | $203K | 20x | |
| Lighter MSFT | +0.0032% | 1h | 503.66 | −0.054% | $1.2M | $519K | 20x | as long as short |
| Lighter RH MSFT | +0.0032% | 1h | 503.66 | −0.054% | $700K | $1.9M | 20x | as long as short |
| Hotstuff MSFT-PERP | +0.0040% | 1h | 503.34 | −0.117% | $32K | $8K | 20x | as long as short |
| Arcus MSFT-USD | +0.0040% | 1h | 503.68 | −0.050% | $97K | $110K | 10x | as long as short |
| Vest MSFT-USD-PERP | +0.0046% | 1h | 503.76 | −0.034% | — | $1K | 25x | as long as short |
| tradeXYZ xyz:MSFT | +0.0050% | 1h | 503.37 | −0.111% | $22.4M | $8.9M | 20x | as long as short |
| Polymarket Perps MSFT-USD | +0.0050% | 1h | 503.40 | −0.105% | $303K | $650K | 10x | as long as short |
| SoDEX MSFT-USD | +0.0050% | 1h | 503.64 | −0.058% | $60K | $3K | 10x | as long as short |
| Ondo Perps MSFT-USD.P | +0.0050% | 1h | 503.43 | −0.099% | $534K | $398K | 15x | as long as short |
| Paradex MSFT-USD-PERP | +0.0056% | 8h | 503.75 | −0.035% | $222 | — | 5x | as long as short |
| KuCoin MSFTUSDTM | +0.0100% | 8h | 503.53 | −0.079% | $1.6M | $120K | 20x | as long as short |
| ApeX Omni MSFTUSDT | +0.0100% | 1h | 503.42 | −0.101% | $160K | $7K | 50x | as long as short |
| Orderly PERP_MSFT_USDC_mythos | +0.0100% | 8h | 503.75 | −0.036% | $8K | — | 10x | as long as short |
| Aevo MSFT-PERPshort | +0.0104% | 1h | 503.88 | −0.010% | $55 | — | 10x | |
| Injective MSFT/USDC PERP | +0.0220% | 1h | 505.30 | +0.272% | $116K | $45K | 30x | as long as short |
| Deribit MSFT_USDC-PERPETUAL | +0.0247% | 1h | 503.67 | −0.052% | $27K | $45K | 10x | as long as short |
| edgeX MSFTUSDC | +0.0766% | 4h | 503.86 | −0.013% | $102K | $243K | 10x | as long as short |
GRVT MSFT_USDT_Perp
SunX MSFT-USDT
HTX MSFT-USDT
Phemex MSFTUSDT
Phoenix MSFT
QFEX MSFT-USD
Lighter MSFT
Lighter RH MSFT
Hotstuff MSFT-PERP
Arcus MSFT-USD
Vest MSFT-USD-PERP
tradeXYZ xyz:MSFT
Polymarket Perps MSFT-USD
SoDEX MSFT-USD
Ondo Perps MSFT-USD.P
Paradex MSFT-USD-PERP
KuCoin MSFTUSDTM
ApeX Omni MSFTUSDT
Orderly PERP_MSFT_USDC_mythos
Injective MSFT/USDC PERP
Deribit MSFT_USDC-PERPETUAL
edgeX MSFTUSDC