MSFT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0044%/8h= −4.8% APRnext payment −$0.44 per $10,000 · paid last 24h −0.014%

Price spread now: Paradex against KuCoin+0.065%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

The price spread pays, funding is against you. Paradex is 0.065% dearer against KuCoin than usual: you sell high and buy low (spread +0.065% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin MSFTUSDTM	503.10	0.0100	pay 0.0100% / 8h	1h 24m	$1.6M	$60K	20x
Short	Paradex MSFT-USD-PERP	503.43	0.0056	get 0.0056% / 8h	1h 24m	$222	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee KuCoinbpFee ParadexbpOrdersPrice spread, now +0.065%Rate

Funding earned: −$9.25
Price spread: +0.065% → 0.000%: $6.53
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$18.72
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 11 min ago; Paradex: 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, 11 min ago	8.04 bp	109.4 bp −$109	doesn't fit	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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 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
Coinbase International MSFT-PERP-INTX	−0.0048%	1h	503.66	+0.111%	$682K	$500K	10x	as long as short
Hotstuff MSFT-PERP	−0.0016%	1h	503.09	−0.002%	$32K	$8K	20x	as long as short
Aster MSFTUSDT	0.0000%	8h	503.36	+0.053%	$162K	$114K	20x	as long as short
Extended MSFT_24_5-USD	0.0000%	1h	503.47	+0.073%	$338K	$1.2M	17x	as long as short
Binance MSFTUSDT	0.0000%	8h	503.59	+0.097%	$15.8M	$19.7M	20x	as long as short
Bybit MSFTUSDT	0.0000%	8h	503.34	+0.048%	$7.3M	$2.3M	100x	as long as short
OKX MSFT-USDT-SWAP	0.0000%	8h	503.75	+0.129%	$3.0M	$2.4M	20x	as long as short
Gate MSFT_USDT	0.0000%	8h	503.35	+0.050%	$3.1M	$1.8M	100x	as long as short
Bitget MSFTUSDT	0.0000%	8h	503.68	+0.115%	$3.8M	$3.0M	100x	as long as short
Variational Omni MSFT	0.0000%	8h	503.61	+0.102%	$1.3M	$499K	—	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT MSFT_USDT_Perp	0.0000%	8h	503.88	+0.155%	$19K	$328K	10x	as long as short
SunX MSFT-USDT	0.0000%	8h	504.42	+0.262%	$6K	$3.9M	20x	as long as short
HTX MSFT-USDT	0.0000%	8h	503.68	+0.115%	$59K	$225K	20x	as long as short
Phemex MSFTUSDT	0.0000%	8h	503.76	+0.131%	$2.2M	$822K	10x	as long as short
BloFin MSFT-USDT	+0.0004%	8h	503.71	+0.121%	$191K	$206K	20x	as long as short
Nado MSFT-PERP	+0.0017%	1h	503.26	+0.032%	$414K	$67K	20x	as long as short
Lighter RH MSFT	+0.0032%	1h	503.36	+0.052%	$701K	$2.0M	20x	as long as short
QFEX MSFT-USD	+0.0039%	1h	503.51	+0.081%	$1.1M	$4.8M	10x	as long as short
Arcus MSFT-USD	+0.0040%	1h	503.47	+0.074%	$97K	$110K	10x	as long as short
Vest MSFT-USD-PERP	+0.0046%	1h	503.64	+0.107%	—	$1K	25x	as long as short
tradeXYZ xyz:MSFT	+0.0050%	1h	503.13	+0.006%	$22.4M	$9.0M	20x	as long as short
Polymarket Perps MSFT-USD	+0.0050%	1h	503.37	+0.054%	$303K	$718K	10x	as long as short
SoDEX MSFT-USD	+0.0050%	1h	503.53	+0.085%	$60K	$3K	10x	as long as short
Ondo Perps MSFT-USD.P	+0.0050%	1h	503.25	+0.030%	$522K	$476K	15x	as long as short
Paradex MSFT-USD-PERPshort	+0.0056%	8h	503.43	+0.065%	$222	—	5x
Phoenix MSFT	+0.0064%	1h	503.38	+0.056%	$11K	$15K	20x	as long as short
KuCoin MSFTUSDTMlong	+0.0100%	8h	503.10	long leg	$1.6M	$60K	20x
ApeX Omni MSFTUSDT	+0.0100%	1h	503.50	+0.080%	$160K	$7K	50x	as long as short
Orderly PERP_MSFT_USDC_mythos	+0.0100%	8h	503.57	+0.093%	$8K	—	10x	as long as short
Aevo MSFT-PERP	+0.0104%	1h	503.54	+0.087%	$55	—	10x	as long as short
Deribit MSFT_USDC-PERPETUAL	+0.0128%	1h	503.40	+0.060%	$27K	$43K	10x	as long as short
Lighter MSFT	+0.0144%	1h	503.63	+0.105%	$1.2M	$515K	20x	as long as short
Injective MSFT/USDC PERP	+0.0220%	1h	504.21	+0.221%	$115K	$45K	30x	as long as short
edgeX MSFTUSDC	+0.0931%	4h	503.77	+0.133%	$102K	$242K	10x	as long as short