MSFT

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0062%/8h= −6.8% APRnext payment −$0.62 per $10,000 · paid last 24h −0.015%

Price spread now: SunX against Paradex+0.202%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 SunX

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. SunX is 0.202% dearer against Paradex than usual: you sell high and buy low (spread +0.202% now, against zero (this spread has no 7-day history yet)): +$20 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 11 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex MSFT-USD-PERP	504.83	0.0062	pay 0.0062% / 8h	6h 55m	$222	—	5x
Short	SunX MSFT-USDT	505.85	0	get 0.0000% / 8h	6h 55m	$6K	$3.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.202%Rate

Funding earned: −$13.08
Price spread: +0.202% → 0.000%: $20.23
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee SunX: 4 bp × 2 orders: −$8
Net: −$4.85
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: Paradex: no order-book sample; SunX: live order book, 3 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 SunX live order book, 3 min ago	29.17 bp	104.9 bp −$105	doesn't fit	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
Coinbase International MSFT-PERP-INTX	−0.0032%	1h	504.59	−0.047%	$692K	$455K	10x	as long as short
Nado MSFT-PERP	−0.0001%	1h	504.65	−0.035%	$415K	$67K	20x	as long as short
Aster MSFTUSDT	0.0000%	8h	504.85	+0.004%	$162K	$114K	20x	as long as short
Extended MSFT_24_5-USD	0.0000%	1h	504.91	+0.016%	$326K	$1.9M	17x	as long as short
Binance MSFTUSDT	0.0000%	8h	505.09	+0.052%	$16.3M	$19.7M	20x	as long as short
Bybit MSFTUSDT	0.0000%	8h	504.77	−0.012%	$7.3M	$2.3M	100x	as long as short
OKX MSFT-USDT-SWAP	0.0000%	8h	505.13	+0.060%	$3.0M	$2.4M	20x	as long as short
Gate MSFT_USDT	0.0000%	8h	504.80	−0.006%	$3.1M	$1.8M	100x	as long as short
Bitget MSFTUSDT	0.0000%	8h	504.90	+0.014%	$3.9M	$2.8M	100x	as long as short
Variational Omni MSFT	0.0000%	8h	505.01	+0.035%	$1.3M	$388K	—	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX MSFT-USDTshort	0.0000%	8h	505.85	+0.202%	$6K	$3.5M	20x
HTX MSFT-USDT	0.0000%	8h	504.99	+0.032%	$59K	$226K	20x	as long as short
Phemex MSFTUSDT	0.0000%	8h	505.37	+0.107%	$2.3M	$868K	10x	as long as short
Phoenix MSFT	+0.0016%	1h	504.40	−0.085%	$11K	$5K	20x	as long as short
BloFin MSFT-USDT	+0.0024%	8h	504.98	+0.030%	$191K	$207K	20x	as long as short
Lighter RH MSFT	+0.0032%	1h	504.85	+0.004%	$709K	$1.7M	20x	as long as short
Vest MSFT-USD-PERP	+0.0046%	1h	504.85	+0.004%	—	$1K	25x	as long as short
tradeXYZ xyz:MSFT	+0.0050%	1h	504.54	−0.057%	$22.5M	$9.0M	20x	as long as short
Polymarket Perps MSFT-USD	+0.0050%	1h	504.54	−0.057%	$304K	$650K	10x	as long as short
SoDEX MSFT-USD	+0.0050%	1h	504.87	+0.008%	$61K	$3K	10x	as long as short
Ondo Perps MSFT-USD.P	+0.0050%	1h	504.43	−0.079%	$537K	$374K	15x	as long as short
Arcus MSFT-USD	+0.0052%	1h	504.78	−0.010%	$93K	$115K	10x	as long as short
Hotstuff MSFT-PERP	+0.0056%	1h	504.53	−0.059%	$33K	$8K	20x	as long as short
QFEX MSFT-USD	+0.0061%	1h	504.94	+0.022%	$1.2M	$4.6M	10x	as long as short
Paradex MSFT-USD-PERPlong	+0.0062%	8h	504.83	long leg	$222	—	5x
Lighter MSFT	+0.0072%	1h	504.86	+0.006%	$1.2M	$472K	20x	as long as short
Deribit MSFT_USDC-PERPETUAL	+0.0087%	1h	504.74	−0.018%	$27K	$45K	10x	as long as short
GRVT MSFT_USDT_Perp	+0.0088%	8h	504.86	+0.005%	$19K	$312K	10x	as long as short
KuCoin MSFTUSDTM	+0.0100%	8h	504.31	−0.103%	$1.6M	$147K	20x	as long as short
ApeX Omni MSFTUSDT	+0.0100%	1h	504.50	−0.065%	$161K	$7K	50x	as long as short
Orderly PERP_MSFT_USDC_mythos	+0.0100%	8h	504.81	−0.004%	$8K	—	10x	as long as short
Aevo MSFT-PERP	+0.0104%	1h	504.72	−0.021%	$56	—	10x	as long as short
edgeX MSFTUSDC	+0.0204%	4h	504.86	+0.007%	$103K	$242K	10x	as long as short
Injective MSFT/USDC PERP	+0.0220%	1h	505.86	+0.204%	$116K	$45K	30x	as long as short