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

MSFT

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Funding spread now, next payment 16:00 UTC+0.0100%/8h
next payment, per $10,000+$1.00paid, last 24h+0.025%paid, last 7 days+0.155%to open and close $10k−$177
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit MSFTUSDT495.670get 0.0000% / 8h3h 29m$7.2M$654K100x
ShortKuCoin MSFTUSDTM495.170.0100get 0.0100% / 8h3h 29m$1.5M$6K20x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$21
Slippage, 4 orders
−$153.5
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$155.5
Break-even
58.8 days
Slippage from Bybit: live order book, 5 min ago; KuCoin: live order book, 2 min ago.

Price risk

price view
Price gap now
−0.101%
Avg gap 7d
−0.051%
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, 5 min ago0.61 bp9.7 bp −$1016.3 bp −$163doesn't fitdoesn't fit
Sell KuCoin live order book, 2 min ago6.16 bp83.5 bp −$84doesn't fitdoesn't fitdoesn't fit

MSFT on 33 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Hotstuff MSFT-PERP−0.1600%1h$40K20xas long as short
Nado MSFT-PERP−0.0039%1h$460K$1K20xas long as short
tradeXYZ xyz:MSFT−0.0021%1h$22.9M$4.2M20xas long as short
BloFin MSFT-USDT−0.0017%8h$191K$96K20xas long as short
Aster MSFTUSDT0.0000%8h$150K$4K20xas long as short
Extended MSFT_24_5-USD0.0000%1h$335K$361K17xas long as short
Binance MSFTUSDT0.0000%8h$15.8M$6.3M20xas long as short
Bybit MSFTUSDTlong0.0000%8h$7.2M$654K100x
OKX MSFT-USDT-SWAP0.0000%8h$2.9M$365K20xas long as short
Gate MSFT_USDT0.0000%8h$3.0M$772K100xas long as short
Show all 33 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Bitget MSFTUSDT0.0000%8h$3.7M$853K100xas long as short
Variational Omni MSFT0.0000%8h$1.3M$603Kas long as short
SunX MSFT-USDT0.0000%8h$6K$2.1M20xas long as short
Deribit MSFT_USDC-PERPETUAL0.0000%1h$23K$86K10xas long as short
Coinbase International MSFT-PERP-INTX0.0000%1h$659K$264K10xas long as short
HTX MSFT-USDT0.0000%8h$58K$230K20xas long as short
Phemex MSFTUSDT0.0000%8h$2.0M$311K10xas long as short
Lighter MSFT+0.0032%1h$1.2M$448K20xas long as short
Lighter RH MSFT+0.0032%1h$672K$2.5M20xas long as short
Phoenix MSFT+0.0032%1h$10K$15K20xas long as short
QFEX MSFT-USD+0.0038%1h$1.2M$2.8M10xas long as short
Vest MSFT-USD-PERP+0.0046%1h25xas long as short
Polymarket Perps MSFT-USD+0.0050%1h$292K$209K10xas long as short
SoDEX MSFT-USD+0.0050%1h$60K$3K10xas long as short
Ondo Perps MSFT-USD.P+0.0050%1h$526K$315K15xas long as short
Paradex MSFT-USD-PERP+0.0050%8h$2185xas long as short
KuCoin MSFTUSDTMshort+0.0100%8h$1.5M$6K20x
ApeX Omni MSFTUSDT+0.0100%1h$158K$7K50xas long as short
Orderly PERP_MSFT_USDC_mythos+0.0100%8h$8K10xas long as short
Aevo MSFT-PERP+0.0104%1h$5510xas long as short
Injective MSFT/USDC PERP+0.0220%1h$114K$173K30xas long as short
Arcus MSFT-USD+0.0292%1h$113K$49K10xas long as short
edgeX MSFTUSDC+0.0380%4h$101K$243K10xas long as short