MSFT

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0054%/8h= +5.9% APRnext payment +$0.07 per $10,000 · paid last 24h +0.018%

Price spread now: Aevo against tradeXYZ+0.077%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on tradeXYZ Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdroptradeXYZ: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Aevo is 0.077% dearer against tradeXYZ than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:MSFT	500.92	0.0050	pay 0.0006% / 1h	24m 32s	$22.1M	$8.9M	20x
Short	Aevo MSFT-PERP	501.31	0.0104	get 0.0013% / 1h	24m 32s	$55	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against tradeXYZ. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee tradeXYZbpFee AevobpOrdersPrice spread, now +0.077%Rate

Funding earned: $11.34
Price spread: +0.077% → 0.000%: $7.69
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$14.97
Costs to cover: 0.340%
Break-even: 16.2 days

Slippage unknown: tradeXYZ: live order book, 3 min ago; Aevo: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy tradeXYZ live order book, 3 min ago	0.10 bp	9.5 bp −$10	11.9 bp −$119	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

MSFT on 34 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX MSFTUSDC	−0.0517%	4h	501.54	+0.124%	$102K	$242K	10x	as long as short
Coinbase International MSFT-PERP-INTX	−0.0064%	1h	500.91	−0.002%	$678K	$456K	10x	as long as short
Nado MSFT-PERP	−0.0035%	1h	501.17	+0.050%	$414K	$64K	20x	as long as short
BloFin MSFT-USDT	−0.0008%	8h	501.57	+0.130%	$189K	$203K	20x	as long as short
Aster MSFTUSDT	0.0000%	8h	501.55	+0.127%	$161K	$116K	20x	as long as short
Extended MSFT_24_5-USD	0.0000%	1h	501.21	+0.057%	$337K	$892K	17x	as long as short
Binance MSFTUSDT	0.0000%	8h	501.33	+0.082%	$15.7M	$18.9M	20x	as long as short
Bybit MSFTUSDT	0.0000%	8h	501.20	+0.056%	$7.3M	$1.8M	100x	as long as short
OKX MSFT-USDT-SWAP	0.0000%	8h	501.55	+0.126%	$3.0M	$2.3M	20x	as long as short
Gate MSFT_USDT	0.0000%	8h	501.20	+0.056%	$3.1M	$1.7M	100x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget MSFTUSDT	0.0000%	8h	501.47	+0.110%	$4.5M	$2.5M	100x	as long as short
Variational Omni MSFT	0.0000%	8h	501.44	+0.104%	$1.3M	$650K	—	as long as short
GRVT MSFT_USDT_Perp	0.0000%	8h	501.68	+0.152%	$19K	$297K	10x	as long as short
SunX MSFT-USDT	0.0000%	8h	502.31	+0.277%	$6K	$4.1M	20x	as long as short
Deribit MSFT_USDC-PERPETUAL	0.0000%	1h	501.01	+0.018%	$27K	$41K	10x	as long as short
HTX MSFT-USDT	0.0000%	8h	501.19	+0.054%	$58K	$225K	20x	as long as short
Phemex MSFTUSDT	0.0000%	8h	501.41	+0.098%	$2.2M	$767K	10x	as long as short
QFEX MSFT-USD	+0.0030%	1h	501.20	+0.056%	$1.1M	$5.6M	10x	as long as short
Lighter RH MSFT	+0.0032%	1h	501.13	+0.042%	$685K	$2.0M	20x	as long as short
Arcus MSFT-USD	+0.0040%	1h	501.29	+0.074%	$97K	$110K	10x	as long as short
Vest MSFT-USD-PERP	+0.0046%	1h	501.48	+0.112%	—	$1K	25x	as long as short
tradeXYZ xyz:MSFTlong	+0.0050%	1h	500.92	long leg	$22.1M	$8.9M	20x
Polymarket Perps MSFT-USD	+0.0050%	1h	501.12	+0.040%	$302K	$648K	10x	as long as short
SoDEX MSFT-USD	+0.0050%	1h	501.27	+0.070%	$60K	$3K	10x	as long as short
Ondo Perps MSFT-USD.P	+0.0050%	1h	501.01	+0.018%	$524K	$495K	15x	as long as short
Paradex MSFT-USD-PERP	+0.0060%	8h	501.21	+0.058%	$221	—	5x	as long as short
Phoenix MSFT	+0.0064%	1h	501.44	+0.104%	$10K	$15K	20x	as long as short
KuCoin MSFTUSDTM	+0.0100%	8h	501.27	+0.070%	$1.5M	$19K	20x	as long as short
ApeX Omni MSFTUSDT	+0.0100%	1h	501.13	+0.042%	$159K	$7K	50x	as long as short
Orderly PERP_MSFT_USDC_mythos	+0.0100%	8h	501.37	+0.090%	$8K	—	10x	as long as short
Aevo MSFT-PERPshort	+0.0104%	1h	501.31	+0.077%	$55	—	10x
Hotstuff MSFT-PERP	+0.0128%	1h	500.95	+0.006%	$32K	$8K	20x	as long as short
Lighter MSFT	+0.0176%	1h	501.46	+0.108%	$1.1M	$459K	20x	as long as short
Injective MSFT/USDC PERP	+0.0220%	1h	501.86	+0.188%	$115K	$45K	30x	as long as short