MSFT

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0014%/8h= +1.5% APRnext payment +$0.02 per $10,000 · paid last 24h −0.008%

Price spread now: Vest against Lighter−0.006%7-day average — · you buy dearer than you sell

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

Long on Lighter Short on Vest

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropLighter: Season 3 · Vest: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: $0 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter MSFT	501.62	0.0032	pay 0.0004% / 1h	48m 31s	$1.1M	$454K	20x
Short	Vest MSFT-USD-PERP	501.59	0.0046	get 0.0006% / 1h	48m 31s	—	$1K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against Lighter. 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 LighterbpFee VestbpOrdersPrice spread, now −0.006%Rate

Funding earned: $2.87
Price spread: −0.006% → 0.000%: −$0.6
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Vest: 1 bp × 2 orders: −$2
Net: $0.27
Costs to cover: 0.020%
Break-even: 6.3 days

Slippage unknown: Lighter: live order book, 7 min ago; Vest: 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 Lighter live order book, 7 min ago	0.80 bp	2.6 bp −$3	6.8 bp −$68	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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 33 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
Nado MSFT-PERP	−0.0130%	1h	501.42	−0.040%	$414K	$64K	20x	as long as short
Coinbase International MSFT-PERP-INTX	−0.0064%	1h	501.24	−0.076%	$679K	$456K	10x	as long as short
tradeXYZ xyz:MSFT	−0.0010%	1h	501.12	−0.100%	$22.1M	$9.1M	20x	as long as short
Aster MSFTUSDT	0.0000%	8h	501.71	+0.017%	$161K	$116K	20x	as long as short
Extended MSFT_24_5-USD	0.0000%	1h	501.42	−0.040%	$338K	$891K	17x	as long as short
Binance MSFTUSDT	0.0000%	8h	501.55	−0.014%	$15.6M	$18.8M	20x	as long as short
Bybit MSFTUSDT	0.0000%	8h	501.64	+0.004%	$7.4M	$1.6M	100x	as long as short
OKX MSFT-USDT-SWAP	0.0000%	8h	501.67	+0.010%	$3.0M	$2.3M	20x	as long as short
Gate MSFT_USDT	0.0000%	8h	501.32	−0.060%	$3.1M	$1.6M	100x	as long as short
Bitget MSFTUSDT	0.0000%	8h	501.59	−0.006%	$4.5M	$2.5M	100x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni MSFT	0.0000%	8h	501.49	−0.026%	$1.3M	$650K	—	as long as short
GRVT MSFT_USDT_Perp	0.0000%	8h	501.60	−0.003%	$19K	$293K	10x	as long as short
SunX MSFT-USDT	0.0000%	8h	502.29	+0.134%	$6K	$4.1M	20x	as long as short
Deribit MSFT_USDC-PERPETUAL	0.0000%	1h	501.25	−0.074%	$27K	$41K	10x	as long as short
HTX MSFT-USDT	0.0000%	8h	501.43	−0.038%	$59K	$225K	20x	as long as short
Phemex MSFTUSDT	0.0000%	8h	501.73	+0.022%	$2.2M	$762K	10x	as long as short
QFEX MSFT-USD	+0.0030%	1h	501.40	−0.044%	$1.1M	$5.7M	10x	as long as short
Lighter MSFTlong	+0.0032%	1h	501.62	long leg	$1.1M	$454K	20x
Lighter RH MSFT	+0.0032%	1h	501.39	−0.046%	$668K	$2.0M	20x	as long as short
Arcus MSFT-USD	+0.0040%	1h	501.37	−0.050%	$97K	$110K	10x	as long as short
Vest MSFT-USD-PERPshort	+0.0046%	1h	501.59	−0.006%	—	$1K	25x
Polymarket Perps MSFT-USD	+0.0050%	1h	501.18	−0.088%	$303K	$646K	10x	as long as short
SoDEX MSFT-USD	+0.0050%	1h	501.41	−0.042%	$60K	$3K	10x	as long as short
Ondo Perps MSFT-USD.P	+0.0050%	1h	501.12	−0.100%	$522K	$481K	15x	as long as short
Paradex MSFT-USD-PERP	+0.0053%	8h	501.48	−0.028%	$221	—	5x	as long as short
Phoenix MSFT	+0.0064%	1h	501.28	−0.068%	$10K	$15K	20x	as long as short
Hotstuff MSFT-PERP	+0.0080%	1h	501.12	−0.100%	$32K	$8K	20x	as long as short
KuCoin MSFTUSDTM	+0.0100%	8h	501.51	−0.022%	$1.5M	$19K	20x	as long as short
ApeX Omni MSFTUSDT	+0.0100%	1h	501.24	−0.076%	$160K	$7K	50x	as long as short
Orderly PERP_MSFT_USDC_mythos	+0.0100%	8h	501.42	−0.040%	$8K	—	10x	as long as short
Aevo MSFT-PERP	+0.0104%	1h	501.44	−0.035%	$55	—	10x	as long as short
Injective MSFT/USDC PERP	+0.0220%	1h	501.81	+0.038%	$115K	$45K	30x	as long as short
edgeX MSFTUSDC	+0.0799%	4h	501.52	−0.019%	$102K	$243K	10x	as long as short