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

MSFT

RWAall MSFT markets
SwapPrice view
Alert
Funding spread now, next payment 16:00 UTC−0.0100%/8h
next payment, per $10,000$1.00paid, last 24h−0.030%paid, last 7 days−0.161%to open and close $10k−$153
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin MSFTUSDTM493.410.0100pay 0.0100% / 8h1h 20m$1.5M$6K20x
ShortHTX MSFT-USDT493.550get 0.0000% / 8h1h 20m$57K$230K20x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
−$21
Slippage, 4 orders
−$128.52
Fee KuCoin: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
−$173.52
Break-even
never at this rate
Slippage from KuCoin: live order book, 2 min ago; HTX: live order book, 33 min ago.

Price risk

price view
Price gap now
+0.028%
Avg gap 7d
+0.065%
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, 2 min ago23.72 bp56.8 bp −$57doesn't fitdoesn't fitdoesn't fit
Sell HTX live order book, 33 min ago2.52 bp8.5 bp −$911.5 bp −$115doesn't fitdoesn't fit

MSFT on 33 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Hotstuff MSFT-PERP−0.0856%1h$40K20xas long as short
Nado MSFT-PERP−0.0017%1h$458K$4K20xas long as short
Coinbase International MSFT-PERP-INTX−0.0016%1h$662K$330K10xas long as short
Aster MSFTUSDT0.0000%8h$156K$63K20xas long as short
Extended MSFT_24_5-USD0.0000%1h$329K$380K17xas long as short
Binance MSFTUSDT0.0000%8h$15.8M$12.4M20xas long as short
Bybit MSFTUSDT0.0000%8h$7.2M$958K100xas long as short
OKX MSFT-USDT-SWAP0.0000%8h$3.0M$1.3M20xas long as short
Gate MSFT_USDT0.0000%8h$3.0M$1.0M100xas long as short
Bitget MSFTUSDT0.0000%8h$3.8M$1.5M100xas long as short
Show all 33 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Variational Omni MSFT0.0000%8h$1.2M$696Kas long as short
SunX MSFT-USDT0.0000%8h$6K$3.6M20xas long as short
Deribit MSFT_USDC-PERPETUAL0.0000%1h$27K$99K10xas long as short
HTX MSFT-USDTshort0.0000%8h$57K$230K20x
Phemex MSFTUSDT0.0000%8h$2.1M$438K10xas long as short
Phoenix MSFT+0.0016%1h$10K$15K20xas long as short
BloFin MSFT-USDT+0.0023%8h$191K$128K20xas long as short
Lighter RH MSFT+0.0032%1h$685K$2.2M20xas long as short
QFEX MSFT-USD+0.0038%1h$1.1M$3.2M10xas long as short
Vest MSFT-USD-PERP+0.0046%1h25xas long as short
tradeXYZ xyz:MSFT+0.0050%1h$23.1M$6.0M20xas long as short
Polymarket Perps MSFT-USD+0.0050%1h$288K$418K10xas long as short
SoDEX MSFT-USD+0.0050%1h$59K$3K10xas long as short
Ondo Perps MSFT-USD.P+0.0050%1h$537K$372K15xas long as short
Paradex MSFT-USD-PERP+0.0052%8h$2175xas long as short
Lighter MSFT+0.0064%1h$1.1M$526K20xas long as short
KuCoin MSFTUSDTMlong+0.0100%8h$1.5M$6K20x
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
Arcus MSFT-USD+0.0151%1h$112K$49K10xas long as short
Injective MSFT/USDC PERP+0.0220%1h$113K$184K30xas long as short
edgeX MSFTUSDC+0.0361%4h$100K$244K10xas long as short