MSFT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0054%/8h= −5.9% APRnext payment −$0.54 per $10,000 · paid last 24h −0.028%

Price spread now: Bitget against Paradex+0.023%7-day average — · you sell dearer than you buy

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

Long on Paradex Short on Bitget

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 airdropParadex: Active · farm boardneeds both histories

The price spread pays, funding is against you. Bitget is 0.023% dearer against Paradex than usual: you sell high and buy low (spread +0.023% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 34 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex MSFT-USD-PERP	502.18	0.0054	pay 0.0054% / 8h	45m 34s	$221	—	5x
Short	Bitget MSFTUSDT	502.29	0	get 0.0000% / 8h	45m 34s	$3.8M	$2.3M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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

Position, each leg$Hold fordaysFee ParadexbpFee BitgetbpOrdersPrice spread, now +0.023%Rate

Funding earned: −$11.4
Price spread: +0.023% → 0.000%: $2.27
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$25.13
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; Bitget: live order book, 2 min ago. 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 Paradex no order-book sample	—	—	—	—	—
Sell Bitget live order book, 2 min ago	1.39 bp	10.7 bp −$11	13.6 bp −$136	49.2 bp −$4,915	doesn't fit

Paradex: 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
Nado MSFT-PERP	−0.0023%	1h	501.96	−0.043%	$414K	$64K	20x	as long as short
Coinbase International MSFT-PERP-INTX	−0.0016%	1h	501.76	−0.083%	$687K	$450K	10x	as long as short
Aster MSFTUSDT	0.0000%	8h	502.21	+0.007%	$161K	$116K	20x	as long as short
Extended MSFT_24_5-USD	0.0000%	1h	502.22	+0.010%	$337K	$392K	17x	as long as short
Binance MSFTUSDT	0.0000%	8h	502.32	+0.029%	$15.7M	$19.1M	20x	as long as short
OKX MSFT-USDT-SWAP	0.0000%	8h	502.31	+0.027%	$3.0M	$2.3M	20x	as long as short
Gate MSFT_USDT	0.0000%	8h	502.03	−0.029%	$3.2M	$1.6M	100x	as long as short
Bitget MSFTUSDTshort	0.0000%	8h	502.29	+0.023%	$3.8M	$2.3M	100x
Variational Omni MSFT	0.0000%	8h	502.26	+0.016%	$1.3M	$702K	—	as long as short
GRVT MSFT_USDT_Perp	0.0000%	8h	502.15	−0.004%	$18K	$308K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX MSFT-USDT	0.0000%	8h	503.08	+0.180%	$6K	$4.3M	20x	as long as short
HTX MSFT-USDT	0.0000%	8h	502.23	+0.011%	$59K	$227K	20x	as long as short
Phemex MSFTUSDT	0.0000%	8h	502.40	+0.045%	$2.2M	$753K	10x	as long as short
BloFin MSFT-USDT	+0.0001%	8h	502.29	+0.023%	$188K	$209K	20x	as long as short
Hotstuff MSFT-PERP	+0.0016%	1h	501.87	−0.061%	$32K	$8K	20x	as long as short
Bybit MSFTUSDT	+0.0027%	8h	502.25	+0.015%	$7.4M	$1.7M	100x	as long as short
Lighter RH MSFT	+0.0032%	1h	502.15	−0.005%	$639K	$2.1M	20x	as long as short
Vest MSFT-USD-PERP	+0.0046%	1h	502.13	−0.009%	—	$1K	25x	as long as short
QFEX MSFT-USD	+0.0049%	1h	502.19	+0.003%	$1.1M	$5.8M	10x	as long as short
tradeXYZ xyz:MSFT	+0.0050%	1h	501.87	−0.061%	$22.3M	$9.6M	20x	as long as short
Polymarket Perps MSFT-USD	+0.0050%	1h	501.80	−0.075%	$303K	$678K	10x	as long as short
SoDEX MSFT-USD	+0.0050%	1h	502.22	+0.009%	$60K	$3K	10x	as long as short
Ondo Perps MSFT-USD.P	+0.0050%	1h	501.76	−0.083%	$529K	$494K	15x	as long as short
Paradex MSFT-USD-PERPlong	+0.0054%	8h	502.18	long leg	$221	—	5x
Phoenix MSFT	+0.0080%	1h	501.96	−0.043%	$11K	$15K	20x	as long as short
Deribit MSFT_USDC-PERPETUAL	+0.0089%	1h	502.09	−0.017%	$27K	$101K	10x	as long as short
KuCoin MSFTUSDTM	+0.0100%	8h	501.71	−0.093%	$1.5M	$19K	20x	as long as short
ApeX Omni MSFTUSDT	+0.0100%	1h	501.73	−0.089%	$160K	$7K	50x	as long as short
Orderly PERP_MSFT_USDC_mythos	+0.0100%	8h	502.19	+0.003%	$8K	—	10x	as long as short
Aevo MSFT-PERP	+0.0104%	1h	502.24	+0.012%	$55	—	10x	as long as short
Lighter MSFT	+0.0160%	1h	502.36	+0.037%	$1.1M	$585K	20x	as long as short
Injective MSFT/USDC PERP	+0.0220%	1h	502.36	+0.037%	$115K	$45K	30x	as long as short
Arcus MSFT-USD	+0.0286%	1h	502.15	−0.005%	$97K	$109K	10x	as long as short
edgeX MSFTUSDC	+0.0785%	4h	502.22	+0.008%	$102K	$243K	10x	as long as short