MSFT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0051%/8h= +5.5% APRnext payment +$0.51 per $10,000 · paid last 24h +0.013%

Price spread now: Paradex against Bybit+0.009%7-day average — · you sell dearer than you buy

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

Long on Bybit 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

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.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit MSFTUSDT	501.17	0	get 0.0000% / 8h	6h 58m	$7.4M	$1.6M	100x
Short	Paradex MSFT-USD-PERP	501.21	0.0051	get 0.0051% / 8h	6h 58m	$221	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Bybit. 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 BybitbpFee ParadexbpOrdersPrice spread, now +0.009%Rate

Funding earned: $10.61
Price spread: +0.009% → 0.000%: $0.87
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$3.51
Costs to cover: 0.150%
Break-even: 9.3 days

Slippage unknown: Bybit: live order book, 5 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 Bybit live order book, 5 min ago	1.00 bp	10.4 bp −$10	20.4 bp −$204	doesn't fit	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
Nado MSFT-PERP	−0.0139%	1h	501.20	+0.007%	$414K	$64K	20x	as long as short
tradeXYZ xyz:MSFT	−0.0082%	1h	500.90	−0.054%	$22.1M	$9.2M	20x	as long as short
Deribit MSFT_USDC-PERPETUAL	−0.0049%	1h	500.98	−0.038%	$27K	$41K	10x	as long as short
Coinbase International MSFT-PERP-INTX	−0.0016%	1h	500.76	−0.082%	$684K	$449K	10x	as long as short
Aster MSFTUSDT	0.0000%	8h	501.44	+0.054%	$161K	$116K	20x	as long as short
Extended MSFT_24_5-USD	0.0000%	1h	501.14	−0.007%	$342K	$905K	17x	as long as short
Binance MSFTUSDT	0.0000%	8h	501.32	+0.029%	$15.6M	$18.7M	20x	as long as short
Bybit MSFTUSDTlong	0.0000%	8h	501.17	long leg	$7.4M	$1.6M	100x
OKX MSFT-USDT-SWAP	0.0000%	8h	501.21	+0.008%	$3.0M	$2.3M	20x	as long as short
Gate MSFT_USDT	0.0000%	8h	501.07	−0.020%	$3.1M	$1.6M	100x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget MSFTUSDT	0.0000%	8h	501.37	+0.040%	$3.8M	$2.1M	100x	as long as short
Variational Omni MSFT	0.0000%	8h	501.26	+0.017%	$1.3M	$690K	—	as long as short
GRVT MSFT_USDT_Perp	0.0000%	8h	501.40	+0.046%	$19K	$293K	10x	as long as short
SunX MSFT-USDT	0.0000%	8h	502.08	+0.182%	$6K	$4.1M	20x	as long as short
HTX MSFT-USDT	0.0000%	8h	501.23	+0.012%	$58K	$227K	20x	as long as short
Phemex MSFTUSDT	0.0000%	8h	501.39	+0.044%	$2.2M	$758K	10x	as long as short
BloFin MSFT-USDT	+0.0029%	8h	501.24	+0.014%	$188K	$205K	20x	as long as short
Lighter RH MSFT	+0.0032%	1h	501.16	−0.002%	$617K	$2.0M	20x	as long as short
Arcus MSFT-USD	+0.0040%	1h	501.09	−0.016%	$97K	$109K	10x	as long as short
QFEX MSFT-USD	+0.0044%	1h	501.12	−0.010%	$1.2M	$5.8M	10x	as long as short
Vest MSFT-USD-PERP	+0.0046%	1h	501.13	−0.008%	—	$1K	25x	as long as short
Polymarket Perps MSFT-USD	+0.0050%	1h	500.91	−0.052%	$303K	$672K	10x	as long as short
SoDEX MSFT-USD	+0.0050%	1h	501.17	0.000%	$60K	$3K	10x	as long as short
Ondo Perps MSFT-USD.P	+0.0050%	1h	500.78	−0.078%	$514K	$503K	15x	as long as short
Paradex MSFT-USD-PERPshort	+0.0051%	8h	501.21	+0.009%	$221	—	5x
Lighter MSFT	+0.0056%	1h	501.35	+0.036%	$1.1M	$485K	20x	as long as short
Hotstuff MSFT-PERP	+0.0056%	1h	500.85	−0.064%	$32K	$8K	20x	as long as short
Phoenix MSFT	+0.0080%	1h	501.05	−0.024%	$10K	$15K	20x	as long as short
KuCoin MSFTUSDTM	+0.0100%	8h	501.23	+0.012%	$1.5M	$19K	20x	as long as short
ApeX Omni MSFTUSDT	+0.0100%	1h	500.82	−0.070%	$159K	$7K	50x	as long as short
Orderly PERP_MSFT_USDC_mythos	+0.0100%	8h	501.19	+0.004%	$8K	—	10x	as long as short
Aevo MSFT-PERP	+0.0104%	1h	501.15	−0.003%	$55	—	10x	as long as short
edgeX MSFTUSDC	+0.0163%	4h	501.29	+0.023%	$102K	$243K	10x	as long as short
Injective MSFT/USDC PERP	+0.0220%	1h	501.54	+0.074%	$115K	$45K	30x	as long as short