data as of
Settings8H · net · $10k
Funding arb /

MSFT

RWAall MSFT markets
SwapPrice view
Alert
Funding spread now, next payment 14:00 UTC−0.0116%/8h
paid, last 24h−0.017%paid, last 5 days−0.167%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_MSFT_USDC_mythos493.600.0100pay 0.0100% / 8h1h 29m$8K10x
ShortCoinbase International MSFT-PERP-INTX493.47−0.0016pay 0.0002% / 1h29m 05s$662K$328K10x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$24.36
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$40.36
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; Coinbase International: live order book, 26 min ago. Net counts fees only.

Price risk

price view
Price gap now
−0.026%
Avg gap 7d
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample
Sell Coinbase International live order book, 26 min ago3.43 bp9.2 bp −$911.9 bp −$119doesn't fitdoesn't fit
Orderly: 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.
ExchangeFunding /8hEveryOIVol 24hMax lev
Hotstuff MSFT-PERP−0.1296%1h$40K20xas long as short
edgeX MSFTUSDC−0.0989%4h$101K$245K10xas long as short
Nado MSFT-PERP−0.0017%1h$458K$3K20xas long as short
Coinbase International MSFT-PERP-INTXshort−0.0016%1h$662K$328K10x
Aster MSFTUSDT0.0000%8h$153K$63K20xas long as short
Extended MSFT_24_5-USD0.0000%1h$329K$380K17xas long as short
Binance MSFTUSDT0.0000%8h$15.7M$12.1M20xas long as short
Bybit MSFTUSDT0.0000%8h$7.2M$945K100xas long as short
OKX MSFT-USDT-SWAP0.0000%8h$3.0M$895K20xas long as short
Gate MSFT_USDT0.0000%8h$3.0M$973K100xas long as short
Show all 33 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Bitget MSFTUSDT0.0000%8h$3.8M$1.5M100xas long as short
Variational Omni MSFT0.0000%8h$1.3M$665Kas long as short
SunX MSFT-USDT0.0000%8h$6K$3.5M20xas long as short
Deribit MSFT_USDC-PERPETUAL0.0000%1h$27K$98K10xas long as short
HTX MSFT-USDT0.0000%8h$58K$230K20xas long as short
Phemex MSFTUSDT0.0000%8h$2.1M$425K10xas long as short
BloFin MSFT-USDT+0.0001%8h$191K$125K20xas long as short
Phoenix MSFT+0.0016%1h$10K$15K20xas long as short
Lighter RH MSFT+0.0032%1h$686K$2.1M20xas long as short
QFEX MSFT-USD+0.0038%1h$1.1M$3.2M10xas long as short
Lighter MSFT+0.0040%1h$1.1M$523K20xas long as short
Vest MSFT-USD-PERP+0.0046%1h25xas long as short
tradeXYZ xyz:MSFT+0.0050%1h$23.2M$5.9M20xas long as short
Polymarket Perps MSFT-USD+0.0050%1h$288K$415K10xas long as short
SoDEX MSFT-USD+0.0050%1h$59K$3K10xas long as short
Ondo Perps MSFT-USD.P+0.0050%1h$539K$369K15xas long as short
Paradex MSFT-USD-PERP+0.0052%8h$2175xas long as short
KuCoin MSFTUSDTM+0.0100%8h$1.5M$6K20xas long as short
ApeX Omni MSFTUSDT+0.0100%1h$157K$7K50xas long as short
Orderly PERP_MSFT_USDC_mythoslong+0.0100%8h$8K10x
Aevo MSFT-PERP+0.0104%1h$5410xas long as short
Arcus MSFT-USD+0.0151%1h$112K$49K10xas long as short
Injective MSFT/USDC PERP+0.0220%1h$113K$184K30xas long as short