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

MSFT

RWAall MSFT markets
SwapPrice view
Alert
Funding spread now, next payment 15:00 UTC−0.0050%/8h
paid, last 24h−0.021%paid, last 7 days−0.084%to open and close $10k−$46
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps MSFT-USD493.700.0050pay 0.0006% / 1h31m 31s$291K$411K10x
ShortGate MSFT_USDT493.840get 0.0000% / 8h1h 31m$3.0M$966K100x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$10.5
Slippage, 4 orders
−$23.48
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$56.98
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 22 min ago; Gate: live order book, 3 min ago.

Price risk

price view
Price gap now
+0.028%
Avg gap 7d
+0.073%
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, 22 min ago2.11 bp9.1 bp −$99.5 bp −$9510.8 bp −$1,078doesn't fit
Sell Gate live order book, 3 min ago3.44 bp17.1 bp −$1758.7 bp −$587doesn't fitdoesn't fit

MSFT on 33 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Hotstuff MSFT-PERP−0.1552%1h$40K20xas long as short
edgeX MSFTUSDC−0.0989%4h$101K$245K10xas long as short
Nado MSFT-PERP−0.0017%1h$459K$3K20xas long as short
Coinbase International MSFT-PERP-INTX−0.0016%1h$664K$327K10xas long as short
Aster MSFTUSDT0.0000%8h$153K$60K20xas long as short
Extended MSFT_24_5-USD0.0000%1h$329K$380K17xas long as short
Binance MSFTUSDT0.0000%8h$15.7M$12.0M20xas long as short
Bybit MSFTUSDT0.0000%8h$7.2M$923K100xas long as short
OKX MSFT-USDT-SWAP0.0000%8h$3.0M$892K20xas long as short
Gate MSFT_USDTshort0.0000%8h$3.0M$966K100x
Show all 33 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Bitget MSFTUSDT0.0000%8h$3.8M$1.5M100xas long as short
Variational Omni MSFT0.0000%8h$1.3M$652Kas long as short
SunX MSFT-USDT0.0000%8h$6K$3.5M20xas long as short
Deribit MSFT_USDC-PERPETUAL0.0000%1h$27K$97K10xas long as short
HTX MSFT-USDT0.0000%8h$58K$230K20xas long as short
Phemex MSFTUSDT0.0000%8h$2.1M$421K10xas long as short
Phoenix MSFT+0.0016%1h$10K$15K20xas long as short
BloFin MSFT-USDT+0.0021%8h$191K$123K20xas long as short
Lighter MSFT+0.0032%1h$1.1M$522K20xas long as short
Lighter RH MSFT+0.0032%1h$687K$2.1M20xas long as short
QFEX MSFT-USD+0.0038%1h$1.1M$3.1M10xas long as short
Vest MSFT-USD-PERP+0.0046%1h25xas long as short
tradeXYZ xyz:MSFT+0.0050%1h$23.2M$5.9M20xas long as short
Polymarket Perps MSFT-USDlong+0.0050%1h$291K$411K10x
SoDEX MSFT-USD+0.0050%1h$59K$3K10xas long as short
Ondo Perps MSFT-USD.P+0.0050%1h$539K$369K15xas long as short
Paradex MSFT-USD-PERP+0.0052%8h$2175xas long as short
KuCoin MSFTUSDTM+0.0100%8h$1.5M$6K20xas long as short
ApeX Omni MSFTUSDT+0.0100%1h$157K$7K50xas long as short
Orderly PERP_MSFT_USDC_mythos+0.0100%8h$8K10xas long as short
Aevo MSFT-PERP+0.0104%1h$5410xas long as short
Arcus MSFT-USD+0.0151%1h$112K$49K10xas long as short
Injective MSFT/USDC PERP+0.0220%1h$113K$184K30xas long as short