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

MSFT

RWAall MSFT markets
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Funding spread now, next payment 15:00 UTC+0.0108%/8h
next payment, per $10,000+$0.14paid, last 24h+0.018%paid, last 7 days+0.246%to open and close $10k−$40
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International MSFT-PERP-INTX493.01−0.0008get 0.0001% / 1h33m 39s$663K$333K10x
ShortApeX Omni MSFTUSDT492.810.0100get 0.0013% / 1h33m 39s$157K$7K50x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$22.68
Slippage, 4 orders
−$19.94
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$17.26
Break-even
12.3 days
Slippage from Coinbase International: live order book, 16 min ago; ApeX Omni: live order book, 14 min ago.

Price risk

price view
Price gap now
−0.041%
Avg gap 7d
+0.042%
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 Coinbase International live order book, 16 min ago2.13 bp7.1 bp −$79.9 bp −$99doesn't fitdoesn't fit
Sell ApeX Omni live order book, 14 min ago7.40 bp12.4 bp −$1276.7 bp −$767doesn't fitdoesn't fit

MSFT on 33 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Coinbase International MSFT-PERP-INTXlong−0.0008%1h$663K$333K10x
Nado MSFT-PERP−0.0002%1h$458K$4K20xas long as short
Aster MSFTUSDT0.0000%8h$151K$80K20xas long as short
Extended MSFT_24_5-USD0.0000%1h$327K$380K17xas long as short
Bybit MSFTUSDT0.0000%8h$7.4M$1.1M100xas long as short
OKX MSFT-USDT-SWAP0.0000%8h$3.1M$1.4M20xas long as short
Gate MSFT_USDT0.0000%8h$3.0M$1.0M100xas long as short
Bitget MSFTUSDT0.0000%8h$3.7M$1.6M100xas long as short
Variational Omni MSFT0.0000%8h$1.2M$690Kas long as short
SunX MSFT-USDT0.0000%8h$6K$3.9M20xas long as short
Show all 33 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Deribit MSFT_USDC-PERPETUAL0.0000%1h$27K$104K10xas long as short
HTX MSFT-USDT0.0000%8h$58K$230K20xas long as short
Phemex MSFTUSDT0.0000%8h$2.1M$485K10xas long as short
Binance MSFTUSDT+0.0002%8h$15.7M$13.2M20xas long as short
BloFin MSFT-USDT+0.0023%8h$197K$143K20xas long as short
Lighter MSFT+0.0032%1h$1.1M$529K20xas long as short
Lighter RH MSFT+0.0032%1h$685K$2.0M20xas long as short
Vest MSFT-USD-PERP+0.0046%1h25xas long as short
tradeXYZ xyz:MSFT+0.0050%1h$23.1M$6.1M20xas long as short
Polymarket Perps MSFT-USD+0.0050%1h$287K$472K10xas long as short
SoDEX MSFT-USD+0.0050%1h$59K$3K10xas long as short
Ondo Perps MSFT-USD.P+0.0050%1h$536K$373K15xas long as short
Paradex MSFT-USD-PERP+0.0052%8h$2175xas long as short
QFEX MSFT-USD+0.0052%1h$1.1M$3.4M10xas long as short
Hotstuff MSFT-PERP+0.0056%1h$40K20xas long as short
Phoenix MSFT+0.0065%1h$10K$15K20xas long as short
KuCoin MSFTUSDTM+0.0100%8h$1.4M$7K20xas long as short
ApeX Omni MSFTUSDTshort+0.0100%1h$157K$7K50x
Orderly PERP_MSFT_USDC_mythos+0.0100%8h$8K10xas long as short
Aevo MSFT-PERP+0.0104%1h$5410xas long as short
Injective MSFT/USDC PERP+0.0220%1h$113K$154K30xas long as short
Arcus MSFT-USD+0.0325%1h$112K$48K10xas long as short
edgeX MSFTUSDC+0.0364%4h$100K$244K10xas long as short