Funding you earn now, next payment 11:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Aevo against KuCoin+0.096%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.096% dearer against KuCoin than usual: you sell high and buy low, +$10 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin MSFTUSDTM | 503.49 | 0.0100 | pay 0.0100% / 8h | 5h 27m | $1.6M | $247K | 20x |
| Short | Aevo MSFT-PERP | 503.97 | 0.0104 | get 0.0013% / 1h | 27m 10s | $55 | — | 10x |
KuCoin MSFTUSDTM
Aevo MSFT-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against KuCoin. 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
- $0.84
- Price spread: +0.096% → 0.000%
- $9.58
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$17.58
- Costs to cover
- 0.280%
- Break-even
- 153.5 days
Slippage unknown: KuCoin: live order book, 2 min ago; Aevo: no order-book sample. Net counts fees only.
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 KuCoin live order book, 2 min ago | 7.25 bp | 21.5 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aevo no order-book sample | — | — | — | — | — |
Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 503.64 | +0.030% | $32K | $8K | 20x | as long as short |
| Nado MSFT-PERP | −0.0061% | 1h | 504.14 | +0.129% | $411K | $72K | 20x | as long as short |
| BloFin MSFT-USDT | −0.0006% | 8h | 503.98 | +0.097% | $202K | $219K | 20x | as long as short |
| Aster MSFTUSDT | 0.0000% | 8h | 504.12 | +0.125% | $166K | $118K | 20x | as long as short |
| Extended MSFT_24_5-USD | 0.0000% | 1h | 504.05 | +0.111% | $324K | $1.9M | 17x | as long as short |
| Binance MSFTUSDT | 0.0000% | 8h | 504.25 | +0.151% | $16.3M | $21.4M | 20x | as long as short |
| Bybit MSFTUSDT | 0.0000% | 8h | 504.00 | +0.101% | $7.3M | $2.4M | 100x | as long as short |
| Gate MSFT_USDT | 0.0000% | 8h | 504.03 | +0.107% | $3.1M | $2.0M | 100x | as long as short |
| Bitget MSFTUSDT | 0.0000% | 8h | 504.34 | +0.169% | $4.0M | $3.0M | 100x | as long as short |
| Variational Omni MSFT | 0.0000% | 8h | 503.95 | +0.091% | $1.3M | $373K | — | as long as short |
Hotstuff MSFT-PERP
Nado MSFT-PERP
BloFin MSFT-USDT
Aster MSFTUSDT
Extended MSFT_24_5-USD
Binance MSFTUSDT
Bybit MSFTUSDT
Gate MSFT_USDT
Bitget MSFTUSDT
Variational Omni MSFTShow all 34 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT MSFT_USDT_Perp | 0.0000% | 8h | 503.98 | +0.097% | $18K | $320K | 10x | as long as short |
| SunX MSFT-USDT | 0.0000% | 8h | 505.05 | +0.310% | $6K | $3.5M | 20x | as long as short |
| Deribit MSFT_USDC-PERPETUAL | 0.0000% | 1h | 504.09 | +0.119% | $30K | $47K | 10x | as long as short |
| Coinbase International MSFT-PERP-INTX | 0.0000% | 1h | 503.81 | +0.064% | $703K | $581K | 10x | as long as short |
| HTX MSFT-USDT | 0.0000% | 8h | 504.15 | +0.131% | $49K | $247K | 20x | as long as short |
| Phemex MSFTUSDT | 0.0000% | 8h | 504.33 | +0.167% | $2.3M | $921K | 10x | as long as short |
| Lighter MSFT | +0.0032% | 1h | 504.13 | +0.127% | $1.2M | $508K | 20x | as long as short |
| Lighter RH MSFT | +0.0032% | 1h | 504.17 | +0.135% | $690K | $1.8M | 20x | as long as short |
| tradeXYZ xyz:MSFT | +0.0040% | 1h | 503.84 | +0.070% | $22.4M | $9.3M | 20x | as long as short |
| Vest MSFT-USD-PERP | +0.0046% | 1h | 504.18 | +0.137% | — | $1K | 25x | as long as short |
| Polymarket Perps MSFT-USD | +0.0050% | 1h | 503.75 | +0.052% | $318K | $675K | 10x | as long as short |
| SoDEX MSFT-USD | +0.0050% | 1h | 503.96 | +0.093% | $61K | $3K | 10x | as long as short |
| Ondo Perps MSFT-USD.P | +0.0050% | 1h | 503.69 | +0.040% | $530K | $403K | 15x | as long as short |
| OKX MSFT-USDT-SWAP | +0.0050% | 8h | 504.29 | +0.159% | $3.2M | $2.8M | 20x | as long as short |
| Paradex MSFT-USD-PERP | +0.0054% | 8h | 503.62 | +0.026% | $222 | — | 5x | as long as short |
| QFEX MSFT-USD | +0.0058% | 1h | 503.71 | +0.044% | $1.1M | $4.7M | 10x | as long as short |
| Phoenix MSFT | +0.0079% | 1h | 503.70 | +0.042% | $11K | $5K | 20x | as long as short |
| KuCoin MSFTUSDTMlong | +0.0100% | 8h | 503.49 | long leg | $1.6M | $247K | 20x | |
| ApeX Omni MSFTUSDT | +0.0100% | 1h | 503.46 | −0.006% | $160K | $7K | 50x | as long as short |
| Orderly PERP_MSFT_USDC_mythos | +0.0100% | 8h | 504.08 | +0.117% | $8K | — | 10x | as long as short |
| Aevo MSFT-PERPshort | +0.0104% | 1h | 503.97 | +0.096% | $55 | — | 10x | |
| Arcus MSFT-USD | +0.0190% | 1h | 503.73 | +0.048% | $93K | $83K | 10x | as long as short |
| Injective MSFT/USDC PERP | +0.0220% | 1h | 504.03 | +0.107% | $115K | $45K | 30x | as long as short |
| edgeX MSFTUSDC | +0.0946% | 4h | 503.87 | +0.075% | $102K | $242K | 10x | as long as short |
GRVT MSFT_USDT_Perp
SunX MSFT-USDT
Deribit MSFT_USDC-PERPETUAL
Coinbase International MSFT-PERP-INTX
HTX MSFT-USDT
Phemex MSFTUSDT
Lighter MSFT
Lighter RH MSFT
tradeXYZ xyz:MSFT
Vest MSFT-USD-PERP
Polymarket Perps MSFT-USD
SoDEX MSFT-USD
Ondo Perps MSFT-USD.P
OKX MSFT-USDT-SWAP
Paradex MSFT-USD-PERP
QFEX MSFT-USD
Phoenix MSFT
ApeX Omni MSFTUSDT
Orderly PERP_MSFT_USDC_mythos
Arcus MSFT-USD
Injective MSFT/USDC PERP
edgeX MSFTUSDC