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
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX MSFT-USD | 499.22 | 0.0044 | pay 0.0005% / 1h | 52m 48s | $1.2M | $4.6M | 10x |
| Short | Binance MSFTUSDT | 499.11 | 0 | get 0.0000% / 8h | 5h 52m | $15.6M | $16.7M | 20x |
Funding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
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 costsCost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy QFEX live order book, 7 min ago | 1.30 bp | 6.3 bp −$6 | 6.6 bp −$66 | 11.1 bp −$1,115 | doesn't fit |
| Sell Binance live order book, 4 min ago | 0.40 bp | 7.1 bp −$7 | 11.3 bp −$113 | 36.0 bp −$3,597 | doesn't fit |
MSFT on 33 venues
lowest funding first. Swap a leg.| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Coinbase International MSFT-PERP-INTX | −0.0056% | 1h | $675K | $352K | 10x | as long as short |
| Nado MSFT-PERP | −0.0018% | 1h | $447K | $24K | 20x | as long as short |
| Aster MSFTUSDT | 0.0000% | 8h | $157K | $80K | 20x | as long as short |
| Extended MSFT_24_5-USD | 0.0000% | 1h | $372K | $410K | 17x | as long as short |
| Binance MSFTUSDTshort | 0.0000% | 8h | $15.6M | $16.7M | 20x | |
| Bybit MSFTUSDT | 0.0000% | 8h | $7.3M | $1.5M | 100x | as long as short |
| OKX MSFT-USDT-SWAP | 0.0000% | 8h | $3.1M | $2.1M | 20x | as long as short |
| Gate MSFT_USDT | 0.0000% | 8h | $3.1M | $1.4M | 100x | as long as short |
| Variational Omni MSFT | 0.0000% | 8h | $1.3M | $719K | — | as long as short |
| SunX MSFT-USDT | 0.0000% | 8h | $6K | $4.3M | 20x | as long as short |
Binance MSFTUSDT
Coinbase International MSFT-PERP-INTX
Aster MSFTUSDT
Extended MSFT_24_5-USD
Bybit MSFTUSDT
OKX MSFT-USDT-SWAP
Gate MSFT_USDT
Variational Omni MSFT
SunX MSFT-USDT
Deribit MSFT_USDC-PERPETUAL
HTX MSFT-USDT
Phemex MSFTUSDT
Bitget MSFTUSDT
BloFin MSFT-USDT
Lighter RH MSFT
Phoenix MSFT
tradeXYZ xyz:MSFT
Polymarket Perps MSFT-USD
SoDEX MSFT-USD
Paradex MSFT-USD-PERP
Lighter MSFT
KuCoin MSFTUSDTM
ApeX Omni MSFTUSDT
Injective MSFT/USDC PERP