Settings8H · net · $10k
Funding arb · Price arb /

MSFT

RWAall MSFT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h +0.015%
Price spread now: Aevo against Paradex0.000%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: 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: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex MSFT-USD-PERP503.940.0058pay 0.0058% / 8h1h 43m$2225x
ShortAevo MSFT-PERP503.940.0104get 0.0013% / 1h43m 34s$5510x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Paradex. 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

Funding earned
$9.67
Price spread: 0.000% → 0.000%
$0.01
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$10.32
Costs to cover
0.200%
Break-even
14.5 days
Slippage unknown: Paradex: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy Paradex no order-book sample
Sell Aevo no order-book sample
Paradex and 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International MSFT-PERP-INTX−0.0048%1h503.66−0.055%$682K$500K10xas long as short
Aster MSFTUSDT0.0000%8h503.79−0.029%$162K$114K20xas long as short
Extended MSFT_24_5-USD0.0000%1h503.93−0.002%$341K$1.2M17xas long as short
Binance MSFTUSDT0.0000%8h504.03+0.018%$15.8M$19.6M20xas long as short
Bybit MSFTUSDT0.0000%8h503.80−0.027%$7.3M$2.3M100xas long as short
OKX MSFT-USDT-SWAP0.0000%8h504.13+0.038%$3.0M$2.4M20xas long as short
Gate MSFT_USDT0.0000%8h503.83−0.021%$3.1M$1.8M100xas long as short
Bitget MSFTUSDT0.0000%8h504.07+0.026%$3.8M$3.0M100xas long as short
Variational Omni MSFT0.0000%8h503.96+0.004%$1.3M$499Kas long as short
GRVT MSFT_USDT_Perp0.0000%8h504.05+0.022%$18K$327K10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX MSFT-USDT0.0000%8h504.80+0.171%$6K$3.9M20xas long as short
Deribit MSFT_USDC-PERPETUAL0.0000%1h503.67−0.053%$27K$43K10xas long as short
HTX MSFT-USDT0.0000%8h503.96+0.004%$59K$226K20xas long as short
Phemex MSFTUSDT0.0000%8h504.14+0.040%$2.2M$820K10xas long as short
Nado MSFT-PERP+0.0012%1h503.71−0.045%$415K$67K20xas long as short
BloFin MSFT-USDT+0.0020%8h503.99+0.010%$190K$207K20xas long as short
Lighter RH MSFT+0.0032%1h503.82−0.023%$689K$2.0M20xas long as short
QFEX MSFT-USD+0.0039%1h503.940.000%$1.2M$4.8M10xas long as short
Arcus MSFT-USD+0.0040%1h503.73−0.041%$97K$110K10xas long as short
Vest MSFT-USD-PERP+0.0046%1h503.97+0.006%$1K25xas long as short
tradeXYZ xyz:MSFT+0.0050%1h503.56−0.075%$22.4M$9.0M20xas long as short
Polymarket Perps MSFT-USD+0.0050%1h503.67−0.053%$303K$718K10xas long as short
SoDEX MSFT-USD+0.0050%1h503.82−0.023%$60K$3K10xas long as short
Ondo Perps MSFT-USD.P+0.0050%1h503.54−0.079%$522K$476K15xas long as short
Paradex MSFT-USD-PERPlong+0.0058%8h503.94long leg$2225x
Phoenix MSFT+0.0064%1h503.77−0.033%$11K$15K20xas long as short
KuCoin MSFTUSDTM+0.0100%8h503.45−0.097%$1.6M$58K20xas long as short
ApeX Omni MSFTUSDT+0.0100%1h503.69−0.049%$160K$7K50xas long as short
Orderly PERP_MSFT_USDC_mythos+0.0100%8h503.90−0.008%$8K10xas long as short
Aevo MSFT-PERPshort+0.0104%1h503.940.000%$5510x
Lighter MSFT+0.0136%1h504.09+0.030%$1.2M$514K20xas long as short
Hotstuff MSFT-PERP+0.0144%1h503.58−0.071%$32K$8K20xas long as short
Injective MSFT/USDC PERP+0.0220%1h504.13+0.038%$115K$45K30xas long as short
edgeX MSFTUSDC+0.0978%4h503.91−0.005%$103K$244K10xas long as short