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

MSFT

RWAall MSFT markets
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Alert
Funding spread now, next payment 14:00 UTC−0.0016%/8h
next payment, per $10,000$0.02paid, last 24h+0.004%paid, last 7 days−0.052%to open and close $10k−$29
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended MSFT_24_5-USD494.460get 0.0000% / 1h34m 42s$329K$380K17x
ShortCoinbase International MSFT-PERP-INTX495.20−0.0016pay 0.0002% / 1h34m 42s$666K$327K10x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$3.36
Slippage, 4 orders
−$14.21
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$32.57
Break-even
never at this rate
Slippage from Extended: live order book, 19 min ago; Coinbase International: live order book, 20 min ago.

Price risk

price view
Price gap now
+0.150%
Avg gap 7d
−0.098%
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 Extended live order book, 19 min ago0.60 bp5.8 bp −$622.1 bp −$221doesn't fitdoesn't fit
Sell Coinbase International live order book, 20 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−0.1584%1h$40K20xas long as short
Nado MSFT-PERP−0.0017%1h$459K$3K20xas long as short
Coinbase International MSFT-PERP-INTXshort−0.0016%1h$666K$327K10x
edgeX MSFTUSDC−0.0010%4h$101K$244K10xas long as short
Aster MSFTUSDT0.0000%8h$153K$57K20xas long as short
Extended MSFT_24_5-USDlong0.0000%1h$329K$380K17x
Binance MSFTUSDT0.0000%8h$15.7M$11.8M20xas long as short
Bybit MSFTUSDT0.0000%8h$7.2M$923K100xas long as short
OKX MSFT-USDT-SWAP0.0000%8h$3.0M$886K20xas long as short
Gate MSFT_USDT0.0000%8h$3.1M$959K100xas long as short
Show all 33 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Bitget MSFTUSDT0.0000%8h$3.8M$1.5M100xas long as short
Variational Omni MSFT0.0000%8h$1.3M$652Kas long as short
SunX MSFT-USDT0.0000%8h$6K$3.4M20xas long as short
Deribit MSFT_USDC-PERPETUAL0.0000%1h$27K$97K10xas long as short
HTX MSFT-USDT0.0000%8h$58K$230K20xas long as short
Phemex MSFTUSDT0.0000%8h$2.1M$417K10xas long as short
Phoenix MSFT+0.0016%1h$10K$15K20xas long as short
BloFin MSFT-USDT+0.0026%8h$191K$123K20xas long as short
Lighter MSFT+0.0032%1h$1.1M$522K20xas long as short
Lighter RH MSFT+0.0032%1h$693K$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$292K$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+0.0053%8h$2185xas 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$158K$140K30xas long as short