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

MSFT

RWAall MSFT markets
SwapPrice view
Alert
Funding spread now, next payment 14:00 UTC−0.0016%/8h
paid, last 24h+0.007%paid, last 7 days−0.043%to open and close $10k−$39
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit MSFTUSDT493.810get 0.0000% / 8h1h 29m$7.2M$938K100x
ShortCoinbase International MSFT-PERP-INTX493.75−0.0016pay 0.0002% / 1h29m 59s$665K$328K10x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
−$3.36
Slippage, 4 orders
−$18.02
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$42.38
Break-even
never at this rate
Slippage from Bybit: live order book, 4 min ago; Coinbase International: live order book, 25 min ago.

Price risk

price view
Price gap now
−0.012%
Avg gap 7d
−0.105%
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 Bybit live order book, 4 min ago0.91 bp11.2 bp −$1117.8 bp −$178doesn't fitdoesn't fit
Sell Coinbase International live order book, 25 min ago3.43 bp9.2 bp −$911.9 bp −$119doesn't fitdoesn't fit

MSFT on 33 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Hotstuff MSFT-PERP−0.1392%1h$40K20xas 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-INTXshort−0.0016%1h$665K$328K10x
Aster MSFTUSDT0.0000%8h$153K$60K20xas long as short
Extended MSFT_24_5-USD0.0000%1h$329K$380K17xas long as short
Binance MSFTUSDT0.0000%8h$15.7M$12.0M20xas long as short
Bybit MSFTUSDTlong0.0000%8h$7.2M$938K100x
OKX MSFT-USDT-SWAP0.0000%8h$3.0M$894K20xas long as short
Gate MSFT_USDT0.0000%8h$3.0M$970K100xas long as short
Show all 33 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Bitget MSFTUSDT0.0000%8h$3.7M$1.5M100xas long as short
Variational Omni MSFT0.0000%8h$1.3M$665Kas 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$424K10xas 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$523K20xas long as short
Lighter RH MSFT+0.0032%1h$686K$2.1M20xas long as short
QFEX MSFT-USD+0.0038%1h$1.1M$3.1M10xas long as short
Vest MSFT-USD-PERP+0.0046%1h25xas 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$2175xas 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$8K10xas long as short
Aevo MSFT-PERP+0.0104%1h$5410xas long as short
Arcus MSFT-USD+0.0151%1h$112K$49K10xas long as short
Injective MSFT/USDC PERP+0.0220%1h$113K$184K30xas long as short