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−0.0220%/8h
paid, last 24h−0.063%paid, last 3 days−0.436%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective MSFT/USDC PERP496.030.0220pay 0.0028% / 1h32m 12s$114K$173K30x
ShortVariational Omni MSFT495.930get 0.0000% / 8h2h 32m$1.3M$620K

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$46.2
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$46.22
Break-even
never at this rate
Slippage unknown: Injective: live order book, 28 min ago; Variational Omni: RFQ quote, 3 min ago. Net counts fees only.

Price risk

price view
Price gap now
−0.019%
Avg gap 7d
+0.060%
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 Injective live order book, 28 min ago9.99 bp10.0 bp −$1010.0 bp −$10065078.3 bp −$6.51M365390.7 bp −$182.70M
Sell Variational Omni RFQ quote, 3 min ago2.53 bpdoesn't fit8.9 bp −$89doesn't fitdoesn't fit

MSFT on 33 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Hotstuff MSFT-PERP−0.1600%1h$40K20xas long as short
Coinbase International MSFT-PERP-INTX−0.0008%1h$669K$304K10xas long as short
Nado MSFT-PERP−0.0005%1h$460K$1K20xas long as short
Aster MSFTUSDT0.0000%8h$150K$4K20xas long as short
Extended MSFT_24_5-USD0.0000%1h$335K$365K17xas long as short
Binance MSFTUSDT0.0000%8h$15.8M$6.9M20xas long as short
Bybit MSFTUSDT0.0000%8h$7.2M$677K100xas long as short
OKX MSFT-USDT-SWAP0.0000%8h$2.9M$390K20xas long as short
Gate MSFT_USDT0.0000%8h$3.0M$788K100xas long as short
Bitget MSFTUSDT0.0000%8h$3.6M$1.0M100xas long as short
Show all 33 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Variational Omni MSFTshort0.0000%8h$1.3M$620K
SunX MSFT-USDT0.0000%8h$6K$2.3M20xas long as short
Deribit MSFT_USDC-PERPETUAL0.0000%1h$23K$89K10xas long as short
HTX MSFT-USDT0.0000%8h$57K$230K20xas long as short
Phemex MSFTUSDT0.0000%8h$2.0M$344K10xas long as short
BloFin MSFT-USDT+0.0007%8h$190K$103K20xas long as short
Lighter MSFT+0.0032%1h$1.1M$461K20xas long as short
Lighter RH MSFT+0.0032%1h$658K$2.6M20xas long as short
Phoenix MSFT+0.0032%1h$10K$15K20xas long as short
QFEX MSFT-USD+0.0038%1h$1.2M$2.9M10xas long as short
Vest MSFT-USD-PERP+0.0046%1h25xas long as short
tradeXYZ xyz:MSFT+0.0050%1h$23.3M$5.2M20xas long as short
Polymarket Perps MSFT-USD+0.0050%1h$291K$209K10xas long as short
SoDEX MSFT-USD+0.0050%1h$59K$3K10xas long as short
Paradex MSFT-USD-PERP+0.0050%8h$2185xas long as short
Ondo Perps MSFT-USD.P+0.0050%1h$527K$324K15xas long as short
KuCoin MSFTUSDTM+0.0100%8h$1.5M$6K20xas 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$5410xas long as short
Injective MSFT/USDC PERPlong+0.0220%1h$114K$173K30x
edgeX MSFTUSDC+0.0220%4h$101K$243K10xas long as short
Arcus MSFT-USD+0.0298%1h$113K$49K10xas long as short