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

MSFT

RWAall MSFT markets
SwapPrice view
Alert
Funding spread now, next payment 19:00 UTC+0.0100%/8h
paid, last 24h+0.022%paid, last 7 days+0.150%to open and close $10k−$188
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended MSFT_24_5-USD498.330get 0.0000% / 1h19m 05s$372K$410K17x
ShortKuCoin MSFTUSDTM497.830.0100get 0.0100% / 8h5h 19m$1.5M$10K20x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
$21
Slippage, 4 orders
−$170.75
Fee Extended: 2.5 bp × 2 orders
−$5
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$166.75
Break-even
62.6 days
Slippage from Extended: live order book, 15 min ago; KuCoin: live order book, 3 min ago.

Price risk

price view
Price gap now
−0.100%
Avg gap 7d
−0.055%
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, 15 min ago0.60 bp5.8 bp −$634.0 bp −$340doesn't fitdoesn't fit
Sell KuCoin live order book, 3 min ago6.74 bp79.1 bp −$79doesn't fitdoesn't fitdoesn't fit

MSFT on 33 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Hotstuff MSFT-PERP−0.0152%1h$40K20xas long as short
Coinbase International MSFT-PERP-INTX−0.0056%1h$683K$362K10xas long as short
BloFin MSFT-USDT−0.0028%8h$193K$192K20xas long as short
Nado MSFT-PERP0.0000%1h$447K$24K20xas long as short
Aster MSFTUSDT0.0000%8h$156K$86K20xas long as short
Extended MSFT_24_5-USDlong0.0000%1h$372K$410K17x
Binance MSFTUSDT0.0000%8h$15.6M$17.0M20xas long as short
Bybit MSFTUSDT0.0000%8h$7.3M$1.5M100xas long as short
OKX MSFT-USDT-SWAP0.0000%8h$3.0M$2.1M20xas long as short
Gate MSFT_USDT0.0000%8h$3.0M$1.4M100xas long as short
Show all 33 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Variational Omni MSFT0.0000%8h$1.3M$704Kas long as short
SunX MSFT-USDT0.0000%8h$6K$4.3M20xas long as short
HTX MSFT-USDT0.0000%8h$58K$231K20xas long as short
Phemex MSFTUSDT0.0000%8h$2.1M$664K10xas long as short
Bitget MSFTUSDT+0.0026%8h$3.7M$1.7M100xas long as short
Lighter RH MSFT+0.0032%1h$647K$2.1M20xas long as short
QFEX MSFT-USD+0.0044%1h$1.2M$4.8M10xas long as short
Vest MSFT-USD-PERP+0.0046%1h25xas long as short
Phoenix MSFT+0.0048%1h$10K$15K20xas long as short
tradeXYZ xyz:MSFT+0.0050%1h$22.1M$8.8M20xas long as short
Polymarket Perps MSFT-USD+0.0050%1h$302K$444K10xas long as short
SoDEX MSFT-USD+0.0050%1h$60K$3K10xas long as short
Paradex MSFT-USD-PERP+0.0050%8h$2195xas long as short
Ondo Perps MSFT-USD.P+0.0050%1h$509K$451K15xas long as short
Lighter MSFT+0.0080%1h$1.1M$537K20xas long as short
KuCoin MSFTUSDTMshort+0.0100%8h$1.5M$10K20x
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
Deribit MSFT_USDC-PERPETUAL+0.0111%1h$27K$114K10xas long as short
Injective MSFT/USDC PERP+0.0220%1h$114K$88K30xas long as short
Arcus MSFT-USD+0.0573%1h$111K$75K10xas long as short
edgeX MSFTUSDC+0.0742%4h$101K$244K10xas long as short