Funding you earn now, next payment 12:00 UTC−0.0005%/8h= −0.5% APRnext payment −$0.01 per $10,000 · paid last 24h −0.001%
Price spread now: Vest against Ondo Perps+0.105%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 airdropOndo Perps: Active · Vest: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Vest is 0.105% dearer against Ondo Perps than usual: you sell high and buy low, +$10 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps MSFT-USD.P | 505.55 | 0.0050 | pay 0.0006% / 1h | 54m 26s | $530K | $424K | 15x |
| Short | Vest MSFT-USD-PERP | 506.08 | 0.0046 | get 0.0006% / 1h | 54m 26s | — | $1K | 25x |
Ondo Perps MSFT-USD.P
Vest MSFT-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest against Ondo Perps. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$0.99
- Price spread: +0.105% → 0.000%
- $10.48
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- $2.49
- Costs to cover
- 0.070%
- Break-even
- from the start
Slippage unknown: Ondo Perps: no order-book sample; 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Vest no order-book sample | — | — | — | — | — |
Ondo Perps and 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 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-PERP | −0.0036% | 1h | 505.78 | +0.045% | $413K | $72K | 20x | as long as short |
| Coinbase International MSFT-PERP-INTX | −0.0008% | 1h | 504.47 | −0.214% | $711K | $677K | 10x | as long as short |
| Aster MSFTUSDT | 0.0000% | 8h | 505.73 | +0.035% | $166K | $117K | 20x | as long as short |
| Extended MSFT_24_5-USD | 0.0000% | 1h | 505.86 | +0.062% | $328K | $1.9M | 17x | as long as short |
| Binance MSFTUSDT | 0.0000% | 8h | 506.09 | +0.107% | $16.4M | $21.9M | 20x | as long as short |
| Bybit MSFTUSDT | 0.0000% | 8h | 505.74 | +0.038% | $7.3M | $2.4M | 100x | as long as short |
| Gate MSFT_USDT | 0.0000% | 8h | 505.73 | +0.036% | $3.1M | $1.9M | 100x | as long as short |
| Bitget MSFTUSDT | 0.0000% | 8h | 506.03 | +0.095% | $4.0M | $3.2M | 100x | as long as short |
| Variational Omni MSFT | 0.0000% | 8h | 505.42 | −0.026% | $1.3M | $413K | — | as long as short |
| GRVT MSFT_USDT_Perp | 0.0000% | 8h | 504.78 | −0.153% | $19K | $325K | 10x | as long as short |
Nado MSFT-PERP
Coinbase International MSFT-PERP-INTX
Aster MSFTUSDT
Extended MSFT_24_5-USD
Binance MSFTUSDT
Bybit MSFTUSDT
Gate MSFT_USDT
Bitget MSFTUSDT
Variational Omni MSFT
GRVT MSFT_USDT_PerpShow all 34 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX MSFT-USDT | 0.0000% | 8h | 506.78 | +0.243% | $6K | $3.4M | 20x | as long as short |
| Deribit MSFT_USDC-PERPETUAL | 0.0000% | 1h | 505.72 | +0.034% | $30K | $46K | 10x | as long as short |
| HTX MSFT-USDT | 0.0000% | 8h | 505.86 | +0.061% | $49K | $247K | 20x | as long as short |
| Phemex MSFTUSDT | 0.0000% | 8h | 506.35 | +0.158% | $2.3M | $945K | 10x | as long as short |
| BloFin MSFT-USDT | +0.0009% | 8h | 506.01 | +0.091% | $203K | $222K | 20x | as long as short |
| Lighter MSFT | +0.0032% | 1h | 505.90 | +0.069% | $1.2M | $503K | 20x | as long as short |
| Lighter RH MSFT | +0.0032% | 1h | 505.89 | +0.067% | $721K | $1.9M | 20x | as long as short |
| tradeXYZ xyz:MSFT | +0.0038% | 1h | 505.66 | +0.022% | $22.5M | $9.3M | 20x | as long as short |
| QFEX MSFT-USD | +0.0038% | 1h | 505.90 | +0.069% | $1.2M | $4.7M | 10x | as long as short |
| Arcus MSFT-USD | +0.0040% | 1h | 505.77 | +0.044% | $94K | $83K | 10x | as long as short |
| Vest MSFT-USD-PERPshort | +0.0046% | 1h | 506.08 | +0.105% | — | $1K | 25x | |
| Polymarket Perps MSFT-USD | +0.0050% | 1h | 505.68 | +0.026% | $319K | $667K | 10x | as long as short |
| SoDEX MSFT-USD | +0.0050% | 1h | 504.97 | −0.115% | $61K | $3K | 10x | as long as short |
| Ondo Perps MSFT-USD.Plong | +0.0050% | 1h | 505.55 | long leg | $530K | $424K | 15x | |
| Paradex MSFT-USD-PERP | +0.0057% | 8h | 505.88 | +0.066% | $223 | — | 5x | as long as short |
| Hotstuff MSFT-PERP | +0.0064% | 1h | 505.61 | +0.012% | $33K | $8K | 20x | as long as short |
| OKX MSFT-USDT-SWAP | +0.0066% | 8h | 506.16 | +0.121% | $3.2M | $2.8M | 20x | as long as short |
| Phoenix MSFT | +0.0079% | 1h | 504.64 | −0.180% | $11K | $16K | 20x | as long as short |
| KuCoin MSFTUSDTM | +0.0085% | 8h | 505.40 | −0.030% | $1.6M | $284K | 20x | as long as short |
| ApeX Omni MSFTUSDT | +0.0100% | 1h | 504.49 | −0.210% | $161K | $7K | 50x | as long as short |
| Orderly PERP_MSFT_USDC_mythos | +0.0100% | 8h | 505.78 | +0.045% | $8K | — | 10x | as long as short |
| Aevo MSFT-PERP | +0.0104% | 1h | 505.62 | +0.014% | $56 | — | 10x | as long as short |
| Injective MSFT/USDC PERP | +0.0220% | 1h | 506.14 | +0.117% | $116K | $45K | 30x | as long as short |
| edgeX MSFTUSDC | +0.0406% | 4h | 504.58 | −0.191% | $103K | $242K | 10x | as long as short |
SunX MSFT-USDT
Deribit MSFT_USDC-PERPETUAL
HTX MSFT-USDT
Phemex MSFTUSDT
BloFin MSFT-USDT
Lighter MSFT
Lighter RH MSFT
tradeXYZ xyz:MSFT
QFEX MSFT-USD
Arcus MSFT-USD
Polymarket Perps MSFT-USD
SoDEX MSFT-USD
Paradex MSFT-USD-PERP
Hotstuff MSFT-PERP
OKX MSFT-USDT-SWAP
Phoenix MSFT
KuCoin MSFTUSDTM
ApeX Omni MSFTUSDT
Orderly PERP_MSFT_USDC_mythos
Aevo MSFT-PERP
Injective MSFT/USDC PERP
edgeX MSFTUSDC