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

MSFT

RWAall MSFT markets
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Funding spread now, next payment 18:00 UTC+0.0028%/8h
paid, last 24h+0.009%paid, last 3 days−0.012%to open and close $10k−$41
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate MSFT_USDT496.320get 0.0000% / 8h6h 52m$3.1M$1.3M100x
ShortQFEX MSFT-USD496.500.0028get 0.0004% / 1h52m 47s$1.2M$4.3M10x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$5.98
Slippage, 4 orders
−$15.63
Fee Gate: 7.5 bp × 2 orders
−$15
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$34.65
Break-even
47.6 days
Slippage from Gate: live order book, 2 min ago; QFEX: live order book, 7 min ago.

Price risk

price view
Price gap now
+0.036%
Avg gap 7d
−0.022%
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 Gate live order book, 2 min ago3.93 bp14.0 bp −$1441.2 bp −$412doesn't fitdoesn't fit
Sell QFEX live order book, 7 min ago1.91 bp6.9 bp −$78.0 bp −$8011.9 bp −$1,190doesn't fit

MSFT on 33 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
edgeX MSFTUSDC−0.0857%4h$101K$244K10xas long as short
Coinbase International MSFT-PERP-INTX−0.0056%1h$668K$343K10xas long as short
Nado MSFT-PERP−0.0009%1h$461K$5K20xas long as short
BloFin MSFT-USDT−0.0005%8h$190K$172K20xas long as short
Aster MSFTUSDT0.0000%8h$156K$80K20xas long as short
Extended MSFT_24_5-USD0.0000%1h$329K$380K17xas long as short
Binance MSFTUSDT0.0000%8h$15.7M$15.4M20xas long as short
Bybit MSFTUSDT0.0000%8h$7.3M$1.4M100xas long as short
OKX MSFT-USDT-SWAP0.0000%8h$3.0M$1.7M20xas long as short
Gate MSFT_USDTlong0.0000%8h$3.1M$1.3M100x
Show all 33 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Bitget MSFTUSDT0.0000%8h$3.7M$1.7M100xas long as short
Variational Omni MSFT0.0000%8h$1.3M$715Kas long as short
SunX MSFT-USDT0.0000%8h$6K$4.3M20xas long as short
Deribit MSFT_USDC-PERPETUAL0.0000%1h$27K$113K10xas long as short
HTX MSFT-USDT0.0000%8h$58K$231K20xas long as short
Phemex MSFTUSDT0.0000%8h$2.1M$587K10xas long as short
QFEX MSFT-USDshort+0.0028%1h$1.2M$4.3M10x
Lighter MSFT+0.0032%1h$1.1M$540K20xas long as short
Lighter RH MSFT+0.0032%1h$666K$2.1M20xas 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$7.8M20xas long as short
Polymarket Perps MSFT-USD+0.0050%1h$301K$443K10xas long as short
SoDEX MSFT-USD+0.0050%1h$60K$3K10xas long as short
Paradex MSFT-USD-PERP+0.0050%8h$2185xas long as short
Ondo Perps MSFT-USD.P+0.0050%1h$502K$438K15xas long as short
Hotstuff MSFT-PERP+0.0096%1h$40K20xas long as short
KuCoin MSFTUSDTM+0.0100%8h$1.5M$9K20xas long as short
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
Injective MSFT/USDC PERP+0.0220%1h$114K$125K30xas long as short
Arcus MSFT-USD+0.0577%1h$112K$52K10xas long as short