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

MSFT

RWAall MSFT markets
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Funding spread now, next payment 00:00 UTC0.0000%/8h
next payment, per $10,000+$0.00paid, last 24h0.000%paid, last 7 days0.000%to open and close $10k−$279
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX MSFT-USDT494.830get 0.0000% / 8h7h 41m$6K$4.3M20x
ShortPhemex MSFTUSDT494.110get 0.0000% / 8h7h 41m$2.1M$539K10x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$0
Slippage, 4 orders
−$257.09
Fee SunX: 5 bp × 2 orders
−$10
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$279.09
Break-even
never at this rate
Slippage from SunX: live order book, 3 min ago; Phemex: live order book, 4 min ago.

Price risk

price view
Price gap now
−0.146%
Avg gap 7d
−0.120%
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 SunX live order book, 3 min ago29.10 bp112.5 bp −$112doesn't fitdoesn't fitdoesn't fit
Sell Phemex live order book, 4 min ago1.92 bp28.9 bp −$29doesn't fitdoesn't fitdoesn't fit

MSFT on 33 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
edgeX MSFTUSDC−0.0734%4h$101K$243K10xas long as short
Hotstuff MSFT-PERP−0.0032%1h$40K20xas long as short
Nado MSFT-PERP−0.0022%1h$459K$5K20xas long as short
Aster MSFTUSDT0.0000%8h$155K$80K20xas long as short
Bybit MSFTUSDT0.0000%8h$7.4M$1.2M100xas long as short
OKX MSFT-USDT-SWAP0.0000%8h$3.1M$1.5M20xas long as short
Gate MSFT_USDT0.0000%8h$3.1M$1.3M100xas long as short
Variational Omni MSFT0.0000%8h$1.2M$705Kas long as short
SunX MSFT-USDTlong0.0000%8h$6K$4.3M20x
Deribit MSFT_USDC-PERPETUAL0.0000%1h$27K$109K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Coinbase International MSFT-PERP-INTX0.0000%1h$664K$337K10xas long as short
HTX MSFT-USDT0.0000%8h$58K$231K20xas long as short
Phemex MSFTUSDTshort0.0000%8h$2.1M$539K10x
Bitget MSFTUSDT+0.0001%8h$3.7M$1.6M100xas long as short
Binance MSFTUSDT+0.0013%8h$15.6M$14.5M20xas long as short
BloFin MSFT-USDT+0.0014%8h$195K$161K20xas long as short
Extended MSFT_24_5-USD+0.0016%1h$327K$380K17xas long as short
Lighter MSFT+0.0032%1h$1.1M$535K20xas long as short
Lighter RH MSFT+0.0032%1h$655K$2.1M20xas long as short
QFEX MSFT-USD+0.0042%1h$1.1M$3.9M10xas long as short
Vest MSFT-USD-PERP+0.0046%1h25xas long as short
tradeXYZ xyz:MSFT+0.0050%1h$22.1M$7.7M20xas long as short
Polymarket Perps MSFT-USD+0.0050%1h$288K$479K10xas long as short
SoDEX MSFT-USD+0.0050%1h$59K$3K10xas long as short
Ondo Perps MSFT-USD.P+0.0050%1h$533K$384K15xas long as short
Paradex MSFT-USD-PERP+0.0051%8h$2175xas long as short
Phoenix MSFT+0.0065%1h$10K$15K20xas long as short
KuCoin MSFTUSDTM+0.0100%8h$1.5M$7K20xas 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
Injective MSFT/USDC PERP+0.0220%1h$113K$154K30xas long as short
Arcus MSFT-USD+0.0442%1h$112K$50K10xas long as short