Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Aster against HTX+0.145%7-day average +0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$650.649% of the position
Funding, last 7 days+0.026%+$3 on $10k
+Price spread, last 4 days (all we have)−0.261%−$26 · spread now +0.145%, 7d avg +0.024%
=Together, before fees−0.235%+ Points / potential airdropAster: Stage 5 · farm board−$24 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.121% dearer against HTX than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.024%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX MSFT-USDT | 503.44 | 0 | get 0.0000% / 8h | 5h 53m | $48K | $246K | 20x |
| Short | Aster MSFTUSDT | 504.17 | 0 | get 0.0000% / 8h | 5h 53m | $166K | $118K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against HTX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: +0.145% → +0.024%
- $12.15
- Slippage, 4 orders
- −$44.91
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$52.76
- Costs to cover
- 0.649%
- Break-even
- never at this rate
Slippage from HTX: live order book, 56 min ago; Aster: live order book, 55 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy HTX live order book, 56 min ago | 2.58 bp | 9.2 bp −$9 | 16.9 bp −$169 | doesn't fit | doesn't fit |
| Sell Aster live order book, 55 min ago | 14.76 bp | 20.0 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
MSFT on 34 exchanges
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff MSFT-PERP | −0.1600% | 1h | 503.33 | −0.022% | $32K | $8K | 20x | as long as short |
| Nado MSFT-PERP | −0.0022% | 1h | 503.36 | −0.017% | $411K | $72K | 20x | as long as short |
| Aster MSFTUSDTshort | 0.0000% | 8h | 504.17 | +0.145% | $166K | $118K | 20x | |
| Extended MSFT_24_5-USD | 0.0000% | 1h | 503.44 | 0.000% | $326K | $1.9M | 17x | as long as short |
| Binance MSFTUSDT | 0.0000% | 8h | 503.61 | +0.034% | $16.4M | $20.9M | 20x | as long as short |
| Bybit MSFTUSDT | 0.0000% | 8h | 503.41 | −0.006% | $7.3M | $2.3M | 100x | as long as short |
| Gate MSFT_USDT | 0.0000% | 8h | 503.43 | −0.002% | $3.1M | $1.9M | 100x | as long as short |
| Bitget MSFTUSDT | 0.0000% | 8h | 503.58 | +0.028% | $3.9M | $2.9M | 100x | as long as short |
| Variational Omni MSFT | 0.0000% | 8h | 503.47 | +0.005% | $1.3M | $396K | — | as long as short |
| SunX MSFT-USDT | 0.0000% | 8h | 504.35 | +0.181% | $6K | $3.5M | 20x | as long as short |
Show all 34 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit MSFT_USDC-PERPETUAL | 0.0000% | 1h | 503.32 | −0.024% | $30K | $47K | 10x | as long as short |
| Coinbase International MSFT-PERP-INTX | 0.0000% | 1h | 502.80 | −0.127% | $702K | $522K | 10x | as long as short |
| HTX MSFT-USDTlong | 0.0000% | 8h | 503.44 | long leg | $48K | $246K | 20x | |
| Phemex MSFTUSDT | 0.0000% | 8h | 503.84 | +0.079% | $2.3M | $907K | 10x | as long as short |
| BloFin MSFT-USDT | +0.0012% | 8h | 503.56 | +0.024% | $202K | $212K | 20x | as long as short |
| GRVT MSFT_USDT_Perp | +0.0026% | 8h | 503.55 | +0.022% | $18K | $317K | 10x | as long as short |
| tradeXYZ xyz:MSFT | +0.0031% | 1h | 503.00 | −0.087% | $22.5M | $9.2M | 20x | as long as short |
| Lighter MSFT | +0.0032% | 1h | 503.46 | +0.004% | $1.2M | $480K | 20x | as long as short |
| Lighter RH MSFT | +0.0032% | 1h | 503.42 | −0.004% | $692K | $1.8M | 20x | as long as short |
| Ondo Perps MSFT-USD.P | +0.0045% | 1h | 503.04 | −0.079% | $532K | $382K | 15x | as long as short |
| Vest MSFT-USD-PERP | +0.0046% | 1h | 503.43 | −0.002% | — | $1K | 25x | as long as short |
| Phoenix MSFT | +0.0048% | 1h | 502.47 | −0.193% | $11K | $5K | 20x | as long as short |
| Polymarket Perps MSFT-USD | +0.0050% | 1h | 503.22 | −0.044% | $318K | $677K | 10x | as long as short |
| SoDEX MSFT-USD | +0.0050% | 1h | 503.43 | −0.002% | $60K | $3K | 10x | as long as short |
| Paradex MSFT-USD-PERP | +0.0057% | 8h | 503.33 | −0.021% | $221 | — | 5x | as long as short |
| QFEX MSFT-USD | +0.0058% | 1h | 503.40 | −0.008% | $1.1M | $4.7M | 10x | as long as short |
| OKX MSFT-USDT-SWAP | +0.0063% | 8h | 503.59 | +0.030% | $3.2M | $2.7M | 20x | as long as short |
| KuCoin MSFTUSDTM | +0.0100% | 8h | 503.10 | −0.068% | $1.6M | $218K | 20x | as long as short |
| ApeX Omni MSFTUSDT | +0.0100% | 1h | 503.41 | −0.006% | $160K | $7K | 50x | as long as short |
| Orderly PERP_MSFT_USDC_mythos | +0.0100% | 8h | 503.47 | +0.006% | $8K | — | 10x | as long as short |
| edgeX MSFTUSDC | +0.0101% | 4h | 503.12 | −0.064% | $102K | $242K | 10x | as long as short |
| Aevo MSFT-PERP | +0.0104% | 1h | 503.47 | +0.006% | $55 | — | 10x | as long as short |
| Arcus MSFT-USD | +0.0190% | 1h | 503.29 | −0.030% | $93K | $83K | 10x | as long as short |
| Injective MSFT/USDC PERP | +0.0220% | 1h | 504.07 | +0.125% | $115K | $45K | 30x | as long as short |
HTX MSFT-USDT
Aster MSFTUSDT
Extended MSFT_24_5-USD
Binance MSFTUSDT
Bybit MSFTUSDT
Gate MSFT_USDT
Bitget MSFTUSDT
Variational Omni MSFT
SunX MSFT-USDT
Deribit MSFT_USDC-PERPETUAL
Coinbase International MSFT-PERP-INTX
Phemex MSFTUSDT
BloFin MSFT-USDT
GRVT MSFT_USDT_Perp
tradeXYZ xyz:MSFT
Lighter MSFT
Lighter RH MSFT
Phoenix MSFT
Polymarket Perps MSFT-USD
SoDEX MSFT-USD
Paradex MSFT-USD-PERP
OKX MSFT-USDT-SWAP
KuCoin MSFTUSDTM
ApeX Omni MSFTUSDT
edgeX MSFTUSDC
Injective MSFT/USDC PERP