MSFT

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0117%/8h= +12.8% APRnext payment +$0.15 per $10,000 · paid last 24h +0.031%

Price spread now: Aevo against Nado+0.048%50s7-day average — · you sell dearer than you buy

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

Long on Nado Short on Aevo

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 airdropNado: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Aevo is 0.048% dearer against Nado than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado MSFT-PERP	501.08	−0.0013	get 0.0002% / 1h	38m 22s	$414K	$64K	20x
Short	Aevo MSFT-PERP	501.32	0.0104	get 0.0013% / 1h	38m 22s	$55	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Nado. 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 NadobpFee AevobpOrdersPrice spread, now +0.048%Rate

Funding earned: $24.59
Price spread: +0.048% → 0.000%: $4.83
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Aevo: 8 bp × 2 orders: −$16
Net: $6.42
Costs to cover: 0.230%
Break-even: 5.2 days

Slippage unknown: Nado: live order book, 29 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 Nado live order book, 29 min ago	1.00 bp	12.4 bp −$12	24.8 bp −$248	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 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
BloFin MSFT-USDT	−0.0028%	8h	501.33	+0.049%	$189K	$204K	20x	as long as short
Coinbase International MSFT-PERP-INTX	−0.0016%	1h	500.87	−0.042%	$684K	$451K	10x	as long as short
Nado MSFT-PERPlong	−0.0013%	1h	501.08	long leg	$414K	$64K	20x
Hotstuff MSFT-PERP	−0.0008%	1h	500.97	−0.023%	$32K	$8K	20x	as long as short
Aster MSFTUSDT	0.0000%	8h	501.47	+0.078%	$161K	$116K	20x	as long as short
Extended MSFT_24_5-USD	0.0000%	1h	501.34	+0.051%	$342K	$894K	17x	as long as short
Binance MSFTUSDT	0.0000%	8h	501.38	+0.059%	$15.6M	$18.8M	20x	as long as short
Bybit MSFTUSDT	0.0000%	8h	501.25	+0.033%	$7.4M	$1.6M	100x	as long as short
OKX MSFT-USDT-SWAP	0.0000%	8h	501.50	+0.083%	$3.0M	$2.3M	20x	as long as short
Gate MSFT_USDT	0.0000%	8h	501.14	+0.011%	$3.1M	$1.6M	100x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget MSFTUSDT	0.0000%	8h	501.43	+0.069%	$4.3M	$2.4M	100x	as long as short
Variational Omni MSFT	0.0000%	8h	501.10	+0.003%	$1.3M	$677K	—	as long as short
GRVT MSFT_USDT_Perp	0.0000%	8h	501.24	+0.031%	$19K	$295K	10x	as long as short
SunX MSFT-USDT	0.0000%	8h	502.03	+0.189%	$6K	$4.1M	20x	as long as short
Deribit MSFT_USDC-PERPETUAL	0.0000%	1h	501.13	+0.009%	$27K	$41K	10x	as long as short
HTX MSFT-USDT	0.0000%	8h	501.59	+0.101%	$59K	$226K	20x	as long as short
Phemex MSFTUSDT	0.0000%	8h	501.73	+0.129%	$2.2M	$759K	10x	as long as short
Lighter RH MSFT	+0.0032%	1h	501.21	+0.025%	$618K	$2.0M	20x	as long as short
QFEX MSFT-USD	+0.0038%	1h	501.31	+0.045%	$1.2M	$5.8M	10x	as long as short
Arcus MSFT-USD	+0.0040%	1h	501.12	+0.007%	$97K	$109K	10x	as long as short
Vest MSFT-USD-PERP	+0.0046%	1h	501.18	+0.019%	—	$1K	25x	as long as short
tradeXYZ xyz:MSFT	+0.0050%	1h	500.94	−0.028%	$22.1M	$9.2M	20x	as long as short
Polymarket Perps MSFT-USD	+0.0050%	1h	500.97	−0.023%	$303K	$672K	10x	as long as short
SoDEX MSFT-USD	+0.0050%	1h	501.30	+0.043%	$60K	$3K	10x	as long as short
Ondo Perps MSFT-USD.P	+0.0050%	1h	500.84	−0.048%	$513K	$514K	15x	as long as short
Paradex MSFT-USD-PERP	+0.0051%	8h	501.26	+0.035%	$221	—	5x	as long as short
Phoenix MSFT	+0.0080%	1h	501.09	+0.001%	$10K	$15K	20x	as long as short
KuCoin MSFTUSDTM	+0.0100%	8h	501.00	−0.017%	$1.5M	$19K	20x	as long as short
ApeX Omni MSFTUSDT	+0.0100%	1h	500.67	−0.082%	$159K	$7K	50x	as long as short
Orderly PERP_MSFT_USDC_mythos	+0.0100%	8h	501.29	+0.041%	$8K	—	10x	as long as short
Aevo MSFT-PERPshort	+0.0104%	1h	501.32	+0.048%	$55	—	10x
Lighter MSFT	+0.0128%	1h	501.46	+0.075%	$1.1M	$489K	20x	as long as short
Injective MSFT/USDC PERP	+0.0220%	1h	501.56	+0.095%	$115K	$45K	30x	as long as short
edgeX MSFTUSDC	+0.0251%	4h	501.21	+0.026%	$102K	$241K	10x	as long as short