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

MSFT

RWAall MSFT markets
SwapPrice view
Alert
Funding spread now, next payment 19:00 UTC−0.0050%/8h
paid, last 24h−0.021%paid, last 7 days−0.085%to open and close $10k−$30
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps MSFT-USD498.040.0050pay 0.0006% / 1h24m 40s$302K$444K10x
ShortAster MSFTUSDT498.270get 0.0000% / 8h5h 24m$156K$86K20x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$10.5
Slippage, 4 orders
−$14.26
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Aster: 4 bp × 2 orders
−$8
Net
−$40.76
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 9 min ago; Aster: live order book, 8 min ago.

Price risk

price view
Price gap now
+0.046%
Avg gap 7d
+0.097%
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 Polymarket Perps live order book, 9 min ago0.90 bp7.0 bp −$78.2 bp −$829.5 bp −$945doesn't fit
Sell Aster live order book, 8 min ago0.50 bp6.5 bp −$619.0 bp −$190doesn't fitdoesn't fit

MSFT on 33 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
edgeX MSFTUSDC−0.0886%4h$101K$245K10xas long as short
Coinbase International MSFT-PERP-INTX−0.0056%1h$684K$362K10xas long as short
BloFin MSFT-USDT−0.0010%8h$193K$191K20xas long as short
Hotstuff MSFT-PERP−0.0008%1h$40K20xas long as short
Nado MSFT-PERP−0.0004%1h$447K$24K20xas long as short
Aster MSFTUSDTshort0.0000%8h$156K$86K20x
Extended MSFT_24_5-USD0.0000%1h$372K$410K17xas long as short
Binance MSFTUSDT0.0000%8h$15.6M$16.9M20xas long as short
Bybit MSFTUSDT0.0000%8h$7.3M$1.5M100xas long as short
OKX MSFT-USDT-SWAP0.0000%8h$3.0M$2.1M20xas long as short
Show all 33 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Gate MSFT_USDT0.0000%8h$3.0M$1.4M100xas long as short
Variational Omni MSFT0.0000%8h$1.3M$695Kas long as short
SunX MSFT-USDT0.0000%8h$6K$4.3M20xas long as short
Deribit MSFT_USDC-PERPETUAL0.0000%1h$27K$114K10xas long as short
HTX MSFT-USDT0.0000%8h$58K$231K20xas long as short
Phemex MSFTUSDT0.0000%8h$2.1M$659K10xas long as short
Bitget MSFTUSDT+0.0021%8h$3.7M$1.7M100xas long as short
Lighter RH MSFT+0.0032%1h$647K$2.1M20xas long as short
QFEX MSFT-USD+0.0044%1h$1.2M$4.8M10xas long as short
Vest MSFT-USD-PERP+0.0046%1h25xas long as short
Phoenix MSFT+0.0048%1h$10K$15K20xas long as short
tradeXYZ xyz:MSFT+0.0050%1h$22.1M$8.8M20xas long as short
Polymarket Perps MSFT-USDlong+0.0050%1h$302K$444K10x
SoDEX MSFT-USD+0.0050%1h$60K$3K10xas long as short
Paradex MSFT-USD-PERP+0.0050%8h$2195xas long as short
Ondo Perps MSFT-USD.P+0.0050%1h$509K$452K15xas long as short
Lighter MSFT+0.0080%1h$1.1M$537K20xas long as short
KuCoin MSFTUSDTM+0.0100%8h$1.5M$10K20xas long as short
ApeX Omni MSFTUSDT+0.0100%1h$159K$7K50xas long as short
Orderly PERP_MSFT_USDC_mythos+0.0100%8h$8K10xas long as short
Aevo MSFT-PERP+0.0104%1h$5510xas long as short
Injective MSFT/USDC PERP+0.0220%1h$114K$88K30xas long as short
Arcus MSFT-USD+0.0573%1h$111K$75K10xas long as short