MSFT

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0086%/8h= +9.5% APRnext payment +$0.11 per $10,000 · paid last 24h +0.019%

Price spread now: SoDEX against Nado−0.030%7-day average — · you buy dearer than you sell

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

Long on Nado Short on SoDEX

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 airdropNado: Active · farm boardneeds both histories

Funding pays, the price is against you. SoDEX is 0.030% cheaper against Nado than usual: you would sell low and buy high (spread −0.030% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 27 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado MSFT-PERP	505.78	−0.0036	get 0.0005% / 1h	53m 39s	$413K	$72K	20x
Short	SoDEX MSFT-USD	505.63	0.0050	get 0.0006% / 1h	53m 39s	$61K	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.030%Rate

Funding earned: $18.15
Price spread: −0.030% → 0.000%: −$2.96
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee SoDEX: 4 bp × 2 orders: −$8
Net: $0.2
Costs to cover: 0.150%
Break-even: 6.9 days

Slippage unknown: Nado: live order book, 52 min ago; SoDEX: 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, 52 min ago	0.80 bp	11.1 bp −$11	30.8 bp −$308	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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 exchanges

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-PERPlong	−0.0036%	1h	505.78	long leg	$413K	$72K	20x
Coinbase International MSFT-PERP-INTX	−0.0008%	1h	504.47	−0.259%	$711K	$677K	10x	as long as short
Aster MSFTUSDT	0.0000%	8h	505.68	−0.020%	$166K	$117K	20x	as long as short
Extended MSFT_24_5-USD	0.0000%	1h	505.99	+0.041%	$328K	$1.9M	17x	as long as short
Binance MSFTUSDT	0.0000%	8h	506.21	+0.084%	$16.4M	$21.9M	20x	as long as short
Bybit MSFTUSDT	0.0000%	8h	505.87	+0.018%	$7.3M	$2.4M	100x	as long as short
Gate MSFT_USDT	0.0000%	8h	505.85	+0.014%	$3.2M	$2.0M	100x	as long as short
Bitget MSFTUSDT	0.0000%	8h	506.11	+0.065%	$4.0M	$3.2M	100x	as long as short
Variational Omni MSFT	0.0000%	8h	505.42	−0.071%	$1.3M	$413K	—	as long as short
GRVT MSFT_USDT_Perp	0.0000%	8h	504.78	−0.198%	$19K	$325K	10x	as long as short

Show all 34 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX MSFT-USDT	0.0000%	8h	506.84	+0.210%	$6K	$3.4M	20x	as long as short
Deribit MSFT_USDC-PERPETUAL	0.0000%	1h	505.78	0.000%	$30K	$46K	10x	as long as short
HTX MSFT-USDT	0.0000%	8h	505.90	+0.024%	$49K	$247K	20x	as long as short
Phemex MSFTUSDT	0.0000%	8h	506.35	+0.113%	$2.3M	$946K	10x	as long as short
BloFin MSFT-USDT	+0.0009%	8h	506.01	+0.046%	$203K	$222K	20x	as long as short
Lighter MSFT	+0.0032%	1h	506.02	+0.048%	$1.2M	$503K	20x	as long as short
Lighter RH MSFT	+0.0032%	1h	506.01	+0.046%	$721K	$1.9M	20x	as long as short
QFEX MSFT-USD	+0.0038%	1h	506.01	+0.046%	$1.2M	$4.7M	10x	as long as short
Arcus MSFT-USD	+0.0040%	1h	505.89	+0.022%	$94K	$83K	10x	as long as short
Vest MSFT-USD-PERP	+0.0046%	1h	506.08	+0.059%	—	$1K	25x	as long as short
tradeXYZ xyz:MSFT	+0.0050%	1h	505.71	−0.014%	$22.5M	$9.3M	20x	as long as short
Polymarket Perps MSFT-USD	+0.0050%	1h	505.68	−0.020%	$319K	$667K	10x	as long as short
SoDEX MSFT-USDshort	+0.0050%	1h	505.63	−0.030%	$61K	$3K	10x
Ondo Perps MSFT-USD.P	+0.0050%	1h	505.55	−0.045%	$530K	$424K	15x	as long as short
Paradex MSFT-USD-PERP	+0.0057%	8h	506.03	+0.050%	$223	—	5x	as long as short
Hotstuff MSFT-PERP	+0.0064%	1h	505.61	−0.034%	$33K	$8K	20x	as long as short
OKX MSFT-USDT-SWAP	+0.0067%	8h	506.28	+0.099%	$3.2M	$2.8M	20x	as long as short
Phoenix MSFT	+0.0079%	1h	504.64	−0.225%	$11K	$16K	20x	as long as short
KuCoin MSFTUSDTM	+0.0085%	8h	505.51	−0.053%	$1.6M	$284K	20x	as long as short
ApeX Omni MSFTUSDT	+0.0100%	1h	504.49	−0.255%	$161K	$7K	50x	as long as short
Orderly PERP_MSFT_USDC_mythos	+0.0100%	8h	505.77	−0.002%	$8K	—	10x	as long as short
Aevo MSFT-PERP	+0.0104%	1h	505.49	−0.058%	$56	—	10x	as long as short
Injective MSFT/USDC PERP	+0.0220%	1h	506.14	+0.071%	$116K	$45K	30x	as long as short
edgeX MSFTUSDC	+0.0228%	4h	505.88	+0.020%	$103K	$243K	10x	as long as short