MSFT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0051%/8h= −5.5% APRnext payment −$0.51 per $10,000 · paid last 24h −0.016%

Price spread now: HTX against Paradex+0.039%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 HTX

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. HTX is 0.039% dearer against Paradex than usual: you sell high and buy low (spread +0.039% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex MSFT-USD-PERP	503.39	0.0051	pay 0.0051% / 8h	3h 05m	$221	—	5x
Short	HTX MSFT-USDT	503.59	0	get 0.0000% / 8h	3h 05m	$59K	$225K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.039%Rate

Funding earned: −$10.64
Price spread: +0.039% → 0.000%: $3.94
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee HTX: 6 bp × 2 orders: −$12
Net: −$22.69
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; HTX: live order book, 46 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 HTX live order book, 46 min ago	2.69 bp	8.7 bp −$9	9.9 bp −$99	doesn't fit	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	−0.0100%	1h	503.50	+0.021%	$414K	$65K	20x	as long as short
Coinbase International MSFT-PERP-INTX	−0.0032%	1h	503.25	−0.028%	$686K	$453K	10x	as long as short
BloFin MSFT-USDT	−0.0023%	8h	503.83	+0.087%	$189K	$205K	20x	as long as short
Aster MSFTUSDT	0.0000%	8h	503.40	+0.002%	$162K	$116K	20x	as long as short
Extended MSFT_24_5-USD	0.0000%	1h	503.32	−0.014%	$339K	$885K	17x	as long as short
Binance MSFTUSDT	0.0000%	8h	503.45	+0.012%	$15.8M	$19.2M	20x	as long as short
Bybit MSFTUSDT	0.0000%	8h	503.29	−0.020%	$7.2M	$2.2M	100x	as long as short
OKX MSFT-USDT-SWAP	0.0000%	8h	503.78	+0.077%	$3.0M	$2.3M	20x	as long as short
Gate MSFT_USDT	0.0000%	8h	502.98	−0.082%	$3.1M	$1.8M	100x	as long as short
Bitget MSFTUSDT	0.0000%	8h	503.48	+0.018%	$4.4M	$2.6M	100x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni MSFT	0.0000%	8h	503.40	+0.001%	$1.3M	$493K	—	as long as short
GRVT MSFT_USDT_Perp	0.0000%	8h	503.55	+0.031%	$18K	$300K	10x	as long as short
SunX MSFT-USDT	0.0000%	8h	504.46	+0.212%	$6K	$4.0M	20x	as long as short
Deribit MSFT_USDC-PERPETUAL	0.0000%	1h	503.50	+0.022%	$27K	$42K	10x	as long as short
HTX MSFT-USDTshort	0.0000%	8h	503.59	+0.039%	$59K	$225K	20x
Phemex MSFTUSDT	0.0000%	8h	503.99	+0.119%	$2.2M	$783K	10x	as long as short
tradeXYZ xyz:MSFT	+0.0012%	1h	503.15	−0.048%	$22.3M	$8.8M	20x	as long as short
Lighter MSFT	+0.0032%	1h	503.54	+0.030%	$1.1M	$514K	20x	as long as short
Lighter RH MSFT	+0.0032%	1h	503.25	−0.028%	$679K	$2.0M	20x	as long as short
QFEX MSFT-USD	+0.0035%	1h	503.30	−0.018%	$1.1M	$4.9M	10x	as long as short
Arcus MSFT-USD	+0.0040%	1h	503.27	−0.024%	$97K	$110K	10x	as long as short
Vest MSFT-USD-PERP	+0.0046%	1h	503.57	+0.035%	—	$1K	25x	as long as short
Phoenix MSFT	+0.0048%	1h	503.14	−0.050%	$11K	$15K	20x	as long as short
Polymarket Perps MSFT-USD	+0.0050%	1h	503.34	−0.010%	$303K	$713K	10x	as long as short
SoDEX MSFT-USD	+0.0050%	1h	503.34	−0.010%	$60K	$3K	10x	as long as short
Ondo Perps MSFT-USD.P	+0.0050%	1h	503.08	−0.062%	$512K	$458K	15x	as long as short
Paradex MSFT-USD-PERPlong	+0.0051%	8h	503.39	long leg	$221	—	5x
Hotstuff MSFT-PERP	+0.0096%	1h	503.15	−0.048%	$32K	$8K	20x	as long as short
KuCoin MSFTUSDTM	+0.0100%	8h	503.01	−0.076%	$1.6M	$56K	20x	as long as short
ApeX Omni MSFTUSDT	+0.0100%	1h	503.14	−0.050%	$160K	$7K	50x	as long as short
Orderly PERP_MSFT_USDC_mythos	+0.0100%	8h	503.58	+0.037%	$8K	—	10x	as long as short
Aevo MSFT-PERP	+0.0104%	1h	503.48	+0.017%	$55	—	10x	as long as short
edgeX MSFTUSDC	+0.0208%	4h	503.56	+0.034%	$102K	$243K	10x	as long as short
Injective MSFT/USDC PERP	+0.0220%	1h	503.08	−0.062%	$115K	$45K	30x	as long as short