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

MSFT

RWAall MSFT markets
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Funding spread now, next payment 00:00 UTC−0.0100%/8h
next payment, per $10,000$1.00paid, last 24h−0.025%paid, last 7 days−0.159%to open and close $10k−$194
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin MSFTUSDTM493.300.0100pay 0.0100% / 8h7h 37m$1.5M$7K20x
ShortBybit MSFTUSDT493.740get 0.0000% / 8h7h 37m$7.4M$1.2M100x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$21
Slippage, 4 orders
−$170.64
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$214.64
Break-even
never at this rate
Slippage from KuCoin: live order book, 4 min ago; Bybit: live order book, 2 min ago.

Price risk

price view
Price gap now
+0.089%
Avg gap 7d
+0.052%
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 KuCoin live order book, 4 min ago6.59 bp93.8 bp −$94doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago0.71 bp9.9 bp −$1016.8 bp −$168doesn't fitdoesn't fit

MSFT on 33 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
edgeX MSFTUSDC−0.0775%4h$101K$244K10xas long as short
Nado MSFT-PERP−0.0014%1h$459K$5K20xas long as short
Hotstuff MSFT-PERP−0.0008%1h$40K20xas long as short
Aster MSFTUSDT0.0000%8h$155K$80K20xas long as short
Bybit MSFTUSDTshort0.0000%8h$7.4M$1.2M100x
OKX MSFT-USDT-SWAP0.0000%8h$3.1M$1.5M20xas long as short
Gate MSFT_USDT0.0000%8h$3.1M$1.3M100xas long as short
Variational Omni MSFT0.0000%8h$1.2M$705Kas long as short
SunX MSFT-USDT0.0000%8h$6K$4.3M20xas long as short
Deribit MSFT_USDC-PERPETUAL0.0000%1h$27K$110K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Coinbase International MSFT-PERP-INTX0.0000%1h$664K$337K10xas long as short
HTX MSFT-USDT0.0000%8h$58K$232K20xas long as short
Phemex MSFTUSDT0.0000%8h$2.1M$540K10xas long as short
BloFin MSFT-USDT+0.0001%8h$195K$161K20xas long as short
Bitget MSFTUSDT+0.0003%8h$3.7M$1.6M100xas long as short
Binance MSFTUSDT+0.0013%8h$15.6M$14.6M20xas long as short
Extended MSFT_24_5-USD+0.0016%1h$327K$380K17xas long as short
Lighter MSFT+0.0032%1h$1.1M$536K20xas long as short
Lighter RH MSFT+0.0032%1h$655K$2.1M20xas long as short
QFEX MSFT-USD+0.0042%1h$1.1M$3.9M10xas long as short
Vest MSFT-USD-PERP+0.0046%1h25xas long as short
tradeXYZ xyz:MSFT+0.0050%1h$22.1M$7.7M20xas long as short
Polymarket Perps MSFT-USD+0.0050%1h$288K$479K10xas long as short
SoDEX MSFT-USD+0.0050%1h$59K$3K10xas long as short
Ondo Perps MSFT-USD.P+0.0050%1h$533K$384K15xas long as short
Paradex MSFT-USD-PERP+0.0051%8h$2175xas long as short
Phoenix MSFT+0.0065%1h$10K$15K20xas long as short
KuCoin MSFTUSDTMlong+0.0100%8h$1.5M$7K20x
ApeX Omni MSFTUSDT+0.0100%1h$157K$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 PERP+0.0220%1h$113K$154K30xas long as short
Arcus MSFT-USD+0.0442%1h$112K$50K10xas long as short