Funding you earn now, next payment 23:00 UTC+0.0099%/8h= +10.9% APRpaid last 24h +0.026%
Price spread now: Aevo against Bybit−0.018%7-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: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MSFTUSDT | 502.12 | 0.0005 | pay 0.0005% / 8h | 1h 45m | $7.4M | $1.7M | 100x |
| Short | Aevo MSFT-PERP | 502.03 | 0.0104 | get 0.0013% / 1h | 45m 54s | $55 | — | 10x |
Bybit MSFTUSDT
Aevo MSFT-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Bybit. 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
- $20.85
- Price spread: −0.018% → 0.000%
- −$1.78
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$7.93
- Costs to cover
- 0.270%
- Break-even
- 9.7 days
Slippage unknown: Bybit: live order book, 2 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 Bybit live order book, 2 min ago | 1.39 bp | 8.8 bp −$9 | 17.6 bp −$176 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX MSFTUSDC | −0.0510% | 4h | 502.15 | +0.006% | $102K | $243K | 10x | as long as short |
| BloFin MSFT-USDT | −0.0017% | 8h | 502.07 | −0.010% | $188K | $210K | 20x | as long as short |
| Aster MSFTUSDT | 0.0000% | 8h | 502.01 | −0.022% | $161K | $116K | 20x | as long as short |
| Extended MSFT_24_5-USD | 0.0000% | 1h | 502.01 | −0.021% | $372K | $369K | 17x | as long as short |
| Binance MSFTUSDT | 0.0000% | 8h | 502.12 | −0.001% | $15.7M | $19.3M | 20x | as long as short |
| OKX MSFT-USDT-SWAP | 0.0000% | 8h | 502.14 | +0.004% | $3.0M | $2.3M | 20x | as long as short |
| Gate MSFT_USDT | 0.0000% | 8h | 501.79 | −0.066% | $3.1M | $1.5M | 100x | as long as short |
| Bitget MSFTUSDT | 0.0000% | 8h | 502.12 | 0.000% | $3.8M | $2.2M | 100x | as long as short |
| Variational Omni MSFT | 0.0000% | 8h | 502.15 | +0.006% | $1.3M | $710K | — | as long as short |
| GRVT MSFT_USDT_Perp | 0.0000% | 8h | 502.05 | −0.014% | $19K | $321K | 10x | as long as short |
edgeX MSFTUSDC
BloFin MSFT-USDT
Aster MSFTUSDT
Extended MSFT_24_5-USD
Binance MSFTUSDT
OKX MSFT-USDT-SWAP
Gate MSFT_USDT
Bitget MSFTUSDT
Variational Omni MSFT
GRVT MSFT_USDT_PerpShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX MSFT-USDT | 0.0000% | 8h | 502.83 | +0.141% | $6K | $4.4M | 20x | as long as short |
| Deribit MSFT_USDC-PERPETUAL | 0.0000% | 1h | 501.65 | −0.094% | $27K | $104K | 10x | as long as short |
| Coinbase International MSFT-PERP-INTX | 0.0000% | 1h | 501.58 | −0.108% | $688K | $449K | 10x | as long as short |
| HTX MSFT-USDT | 0.0000% | 8h | 501.94 | −0.036% | $59K | $229K | 20x | as long as short |
| Phemex MSFTUSDT | 0.0000% | 8h | 502.27 | +0.030% | $2.2M | $769K | 10x | as long as short |
| Bybit MSFTUSDTlong | +0.0005% | 8h | 502.12 | long leg | $7.4M | $1.7M | 100x | |
| Nado MSFT-PERP | +0.0008% | 1h | 501.54 | −0.115% | $414K | $64K | 20x | as long as short |
| Lighter RH MSFT | +0.0032% | 1h | 501.86 | −0.052% | $653K | $2.1M | 20x | as long as short |
| QFEX MSFT-USD | +0.0040% | 1h | 501.96 | −0.032% | $1.2M | $5.8M | 10x | as long as short |
| Vest MSFT-USD-PERP | +0.0046% | 1h | 501.91 | −0.042% | — | — | 25x | as long as short |
| tradeXYZ xyz:MSFT | +0.0050% | 1h | 501.60 | −0.104% | $22.3M | $10.0M | 20x | as long as short |
| Polymarket Perps MSFT-USD | +0.0050% | 1h | 501.56 | −0.112% | $305K | $684K | 10x | as long as short |
| SoDEX MSFT-USD | +0.0050% | 1h | 502.01 | −0.022% | $60K | $3K | 10x | as long as short |
| Ondo Perps MSFT-USD.P | +0.0050% | 1h | 501.79 | −0.066% | $529K | $494K | 15x | as long as short |
| Paradex MSFT-USD-PERP | +0.0057% | 8h | 501.81 | −0.062% | $221 | — | 5x | as long as short |
| Phoenix MSFT | +0.0080% | 1h | 501.75 | −0.074% | $10K | $15K | 20x | as long as short |
| Hotstuff MSFT-PERP | +0.0096% | 1h | 501.68 | −0.088% | $32K | $8K | 20x | as long as short |
| KuCoin MSFTUSDTM | +0.0100% | 8h | 501.57 | −0.110% | $1.5M | $19K | 20x | as long as short |
| ApeX Omni MSFTUSDT | +0.0100% | 1h | 501.55 | −0.114% | $160K | $7K | 50x | as long as short |
| Orderly PERP_MSFT_USDC_mythos | +0.0100% | 8h | 501.98 | −0.028% | $8K | — | 10x | as long as short |
| Lighter MSFT | +0.0104% | 1h | 502.02 | −0.020% | $1.1M | $589K | 20x | as long as short |
| Aevo MSFT-PERPshort | +0.0104% | 1h | 502.03 | −0.018% | $55 | — | 10x | |
| Arcus MSFT-USD | +0.0200% | 1h | 501.83 | −0.058% | $110K | $90K | 10x | as long as short |
| Injective MSFT/USDC PERP | +0.0220% | 1h | 503.17 | +0.209% | $115K | $45K | 30x | as long as short |
SunX MSFT-USDT
Deribit MSFT_USDC-PERPETUAL
Coinbase International MSFT-PERP-INTX
HTX MSFT-USDT
Phemex MSFTUSDT
Nado MSFT-PERP
Lighter RH MSFT
QFEX 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
Phoenix MSFT
Hotstuff MSFT-PERP
KuCoin MSFTUSDTM
ApeX Omni MSFTUSDT
Orderly PERP_MSFT_USDC_mythos
Lighter MSFT
Arcus MSFT-USD
Injective MSFT/USDC PERP