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

MSFT

RWAall MSFT markets
SwapPrice view
Alert
Funding spread now, next payment 19:00 UTC−0.0044%/8h
paid, last 24h+0.002%paid, last 3 days−0.004%to open and close $10k−$26
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX MSFT-USD499.220.0044pay 0.0005% / 1h52m 48s$1.2M$4.6M10x
ShortBinance MSFTUSDT499.110get 0.0000% / 8h5h 52m$15.6M$16.7M20x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
−$9.17
Slippage, 4 orders
−$5.74
Fee QFEX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$34.91
Break-even
never at this rate
Slippage from QFEX: live order book, 7 min ago; Binance: live order book, 4 min ago.

Price risk

price view
Price gap now
−0.022%
Avg gap 7d
+0.029%
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 QFEX live order book, 7 min ago1.30 bp6.3 bp −$66.6 bp −$6611.1 bp −$1,115doesn't fit
Sell Binance live order book, 4 min ago0.40 bp7.1 bp −$711.3 bp −$11336.0 bp −$3,597doesn't fit

MSFT on 33 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Coinbase International MSFT-PERP-INTX−0.0056%1h$675K$352K10xas long as short
Nado MSFT-PERP−0.0018%1h$447K$24K20xas long as short
Aster MSFTUSDT0.0000%8h$157K$80K20xas long as short
Extended MSFT_24_5-USD0.0000%1h$372K$410K17xas long as short
Binance MSFTUSDTshort0.0000%8h$15.6M$16.7M20x
Bybit MSFTUSDT0.0000%8h$7.3M$1.5M100xas long as short
OKX MSFT-USDT-SWAP0.0000%8h$3.1M$2.1M20xas long as short
Gate MSFT_USDT0.0000%8h$3.1M$1.4M100xas long as short
Variational Omni MSFT0.0000%8h$1.3M$719Kas long as short
SunX MSFT-USDT0.0000%8h$6K$4.3M20xas long as short
Show all 33 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Deribit MSFT_USDC-PERPETUAL0.0000%1h$27K$113K10xas long as short
HTX MSFT-USDT0.0000%8h$58K$230K20xas long as short
Phemex MSFTUSDT0.0000%8h$2.1M$643K10xas long as short
Bitget MSFTUSDT+0.0003%8h$3.7M$1.7M100xas long as short
BloFin MSFT-USDT+0.0014%8h$194K$186K20xas long as short
Lighter RH MSFT+0.0032%1h$679K$2.1M20xas long as short
QFEX MSFT-USDlong+0.0044%1h$1.2M$4.6M10x
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$21.8M$8.6M20xas long as short
Polymarket Perps MSFT-USD+0.0050%1h$302K$444K10xas long as short
SoDEX MSFT-USD+0.0050%1h$60K$3K10xas long as short
Paradex MSFT-USD-PERP+0.0050%8h$2205xas long as short
Ondo Perps MSFT-USD.P+0.0050%1h$510K$451K15xas long as short
Lighter MSFT+0.0064%1h$1.1M$537K20xas long as short
Hotstuff MSFT-PERP+0.0088%1h$40K20xas 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$115K$88K30xas long as short
edgeX MSFTUSDC+0.0411%4h$102K$244K10xas long as short
Arcus MSFT-USD+0.0573%1h$111K$75K10xas long as short