Settings8H · net · $10k
Funding arb · Price arb /

MSFT

RWAall MSFT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0110%/8h= +12.0% APRnext payment +$0.14 per $10,000 · paid last 24h +0.021%
Price spread now: Vest against Coinbase International+0.024%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVest: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Vest is 0.024% dearer against Coinbase International than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International MSFT-PERP-INTX502.41−0.0064get 0.0008% / 1h45m 01s$684K$454K10x
ShortVest MSFT-USD-PERP502.530.0046get 0.0006% / 1h45m 01s$1K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against Coinbase International. 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

Funding earned
$23.03
Price spread: +0.024% → 0.000%
$2.39
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Vest: 1 bp × 2 orders
−$2
Net
$13.42
Costs to cover
0.120%
Break-even
2.9 days
Slippage unknown: Coinbase International: live order book, 3 min ago; Vest: 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
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International live order book, 3 min ago2.89 bp8.2 bp −$810.8 bp −$108doesn't fitdoesn't fit
Sell Vest no order-book sample
Vest: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International MSFT-PERP-INTXlong−0.0064%1h502.41long leg$684K$454K10x
BloFin MSFT-USDT−0.0015%8h502.62+0.042%$190K$204K20xas long as short
Aster MSFTUSDT0.0000%8h502.59+0.036%$161K$116K20xas long as short
Extended MSFT_24_5-USD0.0000%1h502.49+0.015%$341K$1.2M17xas long as short
Binance MSFTUSDT0.0000%8h502.72+0.061%$15.8M$19.3M20xas long as short
Bybit MSFTUSDT0.0000%8h502.45+0.008%$7.2M$2.2M100xas long as short
OKX MSFT-USDT-SWAP0.0000%8h502.85+0.088%$3.0M$2.3M20xas long as short
Gate MSFT_USDT0.0000%8h502.39−0.004%$3.1M$1.7M100xas long as short
Bitget MSFTUSDT0.0000%8h502.78+0.074%$4.2M$2.9M100xas long as short
Variational Omni MSFT0.0000%8h502.53+0.023%$1.3M$479Kas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT MSFT_USDT_Perp0.0000%8h502.69+0.057%$18K$311K10xas long as short
SunX MSFT-USDT0.0000%8h503.37+0.191%$6K$3.9M20xas long as short
Deribit MSFT_USDC-PERPETUAL0.0000%1h502.29−0.024%$27K$42K10xas long as short
HTX MSFT-USDT0.0000%8h502.46+0.010%$59K$226K20xas long as short
Phemex MSFTUSDT0.0000%8h502.96+0.109%$2.2M$791K10xas long as short
Nado MSFT-PERP+0.0003%1h502.30−0.022%$411K$66K20xas long as short
Phoenix MSFT+0.0016%1h502.42+0.002%$11K$15K20xas long as short
Lighter RH MSFT+0.0032%1h502.40−0.002%$682K$2.0M20xas long as short
QFEX MSFT-USD+0.0036%1h502.57+0.032%$1.2M$4.8M10xas long as short
Hotstuff MSFT-PERP+0.0040%1h502.17−0.048%$32K$8K20xas long as short
Arcus MSFT-USD+0.0040%1h502.47+0.012%$96K$111K10xas long as short
Vest MSFT-USD-PERPshort+0.0046%1h502.53+0.024%$1K25x
tradeXYZ xyz:MSFT+0.0050%1h502.28−0.026%$22.2M$8.9M20xas long as short
Polymarket Perps MSFT-USD+0.0050%1h502.25−0.032%$302K$713K10xas long as short
SoDEX MSFT-USD+0.0050%1h502.42+0.002%$60K$3K10xas long as short
Ondo Perps MSFT-USD.P+0.0050%1h502.31−0.020%$511K$463K15xas long as short
Paradex MSFT-USD-PERP+0.0052%8h502.41+0.001%$2215xas long as short
KuCoin MSFTUSDTM+0.0100%8h502.40−0.002%$1.6M$57K20xas long as short
ApeX Omni MSFTUSDT+0.0100%1h502.19−0.044%$160K$7K50xas long as short
Orderly PERP_MSFT_USDC_mythos+0.0100%8h502.49+0.016%$8K10xas long as short
Aevo MSFT-PERP+0.0104%1h502.48+0.013%$5510xas long as short
Lighter MSFT+0.0120%1h502.67+0.052%$1.2M$495K20xas long as short
Injective MSFT/USDC PERP+0.0220%1h503.24+0.165%$115K$45K30xas long as short
edgeX MSFTUSDC+0.0545%4h502.75+0.068%$102K$244K10xas long as short