Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against HTX−0.006%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$440.444% of the position
Funding, last 7 days+0.027%+$3 on $10k
+Price spread, last 3 days (all we have)−0.017%−$2 · spread now −0.006%, 7d avg −0.024%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX MSFT-USDT | 501.44 | 0 | get 0.0000% / 8h | 5h 54m | $59K | $225K | 20x |
| Short | Gate MSFT_USDT | 501.41 | 0 | get 0.0000% / 8h | 5h 54m | $3.1M | $1.6M | 100x |
HTX MSFT-USDT
Gate MSFT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.006% → −0.024%
- $1.79
- Slippage, 4 orders
- −$17.41
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$42.62
- Costs to cover
- 0.444%
- Break-even
- never at this rate
Slippage from HTX: live order book, 7 min ago; Gate: live order book, 3 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, 7 min ago | 2.69 bp | 9.0 bp −$9 | 18.4 bp −$184 | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 4.09 bp | 12.5 bp −$13 | 47.4 bp −$474 | doesn't fit | doesn't fit |
MSFT on 33 venues
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 | |
|---|---|---|---|---|---|---|---|---|
| Nado MSFT-PERP | −0.0143% | 1h | 501.47 | +0.006% | $414K | $64K | 20x | as long as short |
| Coinbase International MSFT-PERP-INTX | −0.0064% | 1h | 501.24 | −0.040% | $679K | $456K | 10x | as long as short |
| Aster MSFTUSDT | 0.0000% | 8h | 501.75 | +0.061% | $161K | $116K | 20x | as long as short |
| Extended MSFT_24_5-USD | 0.0000% | 1h | 501.51 | +0.015% | $337K | $889K | 17x | as long as short |
| Binance MSFTUSDT | 0.0000% | 8h | 501.61 | +0.035% | $15.6M | $18.7M | 20x | as long as short |
| Bybit MSFTUSDT | 0.0000% | 8h | 501.67 | +0.046% | $7.4M | $1.6M | 100x | as long as short |
| OKX MSFT-USDT-SWAP | 0.0000% | 8h | 501.83 | +0.078% | $3.0M | $2.3M | 20x | as long as short |
| Gate MSFT_USDTshort | 0.0000% | 8h | 501.41 | −0.006% | $3.1M | $1.6M | 100x | |
| Bitget MSFTUSDT | 0.0000% | 8h | 501.61 | +0.034% | $4.5M | $2.5M | 100x | as long as short |
| Variational Omni MSFT | 0.0000% | 8h | 501.53 | +0.017% | $1.3M | $650K | — | as long as short |
Nado MSFT-PERP
Coinbase International MSFT-PERP-INTX
Aster MSFTUSDT
Extended MSFT_24_5-USD
Binance MSFTUSDT
Bybit MSFTUSDT
OKX MSFT-USDT-SWAP
Bitget MSFTUSDT
Variational Omni MSFTShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT MSFT_USDT_Perp | 0.0000% | 8h | 501.63 | +0.038% | $18K | $293K | 10x | as long as short |
| SunX MSFT-USDT | 0.0000% | 8h | 502.39 | +0.189% | $6K | $4.1M | 20x | as long as short |
| Deribit MSFT_USDC-PERPETUAL | 0.0000% | 1h | 501.28 | −0.032% | $27K | $41K | 10x | as long as short |
| HTX MSFT-USDTlong | 0.0000% | 8h | 501.44 | long leg | $59K | $225K | 20x | |
| Phemex MSFTUSDT | 0.0000% | 8h | 501.75 | +0.062% | $2.2M | $762K | 10x | as long as short |
| tradeXYZ xyz:MSFT | +0.0027% | 1h | 501.26 | −0.036% | $22.1M | $9.3M | 20x | as long as short |
| QFEX MSFT-USD | +0.0030% | 1h | 501.45 | +0.002% | $1.1M | $5.7M | 10x | as long as short |
| Lighter RH MSFT | +0.0032% | 1h | 501.44 | 0.000% | $656K | $2.0M | 20x | as long as short |
| Lighter MSFT | +0.0040% | 1h | 501.73 | +0.058% | $1.1M | $454K | 20x | as long as short |
| Arcus MSFT-USD | +0.0040% | 1h | 501.42 | −0.004% | $97K | $109K | 10x | as long as short |
| Vest MSFT-USD-PERP | +0.0046% | 1h | 501.65 | +0.042% | — | $1K | 25x | as long as short |
| Polymarket Perps MSFT-USD | +0.0050% | 1h | 501.25 | −0.038% | $303K | $671K | 10x | as long as short |
| SoDEX MSFT-USD | +0.0050% | 1h | 501.51 | +0.014% | $60K | $3K | 10x | as long as short |
| Ondo Perps MSFT-USD.P | +0.0050% | 1h | 501.12 | −0.064% | $522K | $481K | 15x | as long as short |
| Paradex MSFT-USD-PERP | +0.0053% | 8h | 501.55 | +0.022% | $221 | — | 5x | as long as short |
| Hotstuff MSFT-PERP | +0.0064% | 1h | 501.27 | −0.034% | $32K | $8K | 20x | as long as short |
| Phoenix MSFT | +0.0080% | 1h | 501.34 | −0.020% | $10K | $15K | 20x | as long as short |
| KuCoin MSFTUSDTM | +0.0100% | 8h | 501.32 | −0.024% | $1.5M | $19K | 20x | as long as short |
| ApeX Omni MSFTUSDT | +0.0100% | 1h | 501.25 | −0.038% | $160K | $7K | 50x | as long as short |
| Orderly PERP_MSFT_USDC_mythos | +0.0100% | 8h | 501.47 | +0.006% | $8K | — | 10x | as long as short |
| Aevo MSFT-PERP | +0.0104% | 1h | 501.49 | +0.010% | $55 | — | 10x | as long as short |
| Injective MSFT/USDC PERP | +0.0220% | 1h | 501.87 | +0.086% | $115K | $45K | 30x | as long as short |
| edgeX MSFTUSDC | +0.0739% | 4h | 501.56 | +0.024% | $102K | $242K | 10x | as long as short |
GRVT MSFT_USDT_Perp
SunX MSFT-USDT
Deribit MSFT_USDC-PERPETUAL
Phemex MSFTUSDT
tradeXYZ xyz:MSFT
QFEX MSFT-USD
Lighter RH MSFT
Lighter MSFT
Arcus MSFT-USD
Vest MSFT-USD-PERP
Polymarket Perps MSFT-USD
SoDEX MSFT-USD
Ondo Perps MSFT-USD.P
Paradex MSFT-USD-PERP
Hotstuff MSFT-PERP
Phoenix MSFT
KuCoin MSFTUSDTM
ApeX Omni MSFTUSDT
Orderly PERP_MSFT_USDC_mythos
Aevo MSFT-PERP
Injective MSFT/USDC PERP
edgeX MSFTUSDC