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

MSFT

RWAall MSFT markets
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Funding spread now, next payment 15:00 UTC+0.0101%/8h
next payment, per $10,000+$0.13paid, last 24h+0.016%paid, last 3 days+0.054%to open and close $10k−$34
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:MSFT493.460.0050pay 0.0006% / 1h21m 36s$23.1M$5.9M20x
ShortArcus MSFT-USD493.780.0151get 0.0019% / 1h21m 36s$112K$49K10x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$21.15
Slippage, 4 orders
−$11.64
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
−$12.99
Break-even
11.3 days
Slippage from tradeXYZ: live order book, 8 min ago; Arcus: live order book, 33 min ago.

Price risk

price view
Price gap now
+0.065%
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 tradeXYZ live order book, 8 min ago0.41 bp9.6 bp −$1010.9 bp −$109doesn't fitdoesn't fit
Sell Arcus live order book, 33 min ago3.72 bp6.5 bp −$67.2 bp −$7210.7 bp −$1,068doesn't fit

MSFT on 33 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Hotstuff MSFT-PERP−0.0856%1h$40K20xas long as short
BloFin MSFT-USDT−0.0027%8h$191K$128K20xas long as short
Nado MSFT-PERP−0.0017%1h$459K$3K20xas long as short
Coinbase International MSFT-PERP-INTX−0.0016%1h$662K$330K10xas long as short
Aster MSFTUSDT0.0000%8h$156K$63K20xas long as short
Extended MSFT_24_5-USD0.0000%1h$329K$380K17xas long as short
Binance MSFTUSDT0.0000%8h$15.7M$12.3M20xas long as short
Bybit MSFTUSDT0.0000%8h$7.2M$958K100xas long as short
OKX MSFT-USDT-SWAP0.0000%8h$3.0M$1.3M20xas long as short
Gate MSFT_USDT0.0000%8h$3.0M$991K100xas long as short
Show all 33 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Bitget MSFTUSDT0.0000%8h$3.8M$1.5M100xas long as short
Variational Omni MSFT0.0000%8h$1.2M$721Kas long as short
SunX MSFT-USDT0.0000%8h$6K$3.6M20xas long as short
Deribit MSFT_USDC-PERPETUAL0.0000%1h$27K$99K10xas long as short
HTX MSFT-USDT0.0000%8h$57K$230K20xas long as short
Phemex MSFTUSDT0.0000%8h$2.1M$434K10xas long as short
Phoenix MSFT+0.0016%1h$10K$15K20xas long as short
Lighter RH MSFT+0.0032%1h$687K$2.1M20xas long as short
QFEX MSFT-USD+0.0038%1h$1.1M$3.2M10xas long as short
Vest MSFT-USD-PERP+0.0046%1h25xas long as short
tradeXYZ xyz:MSFTlong+0.0050%1h$23.1M$5.9M20x
Polymarket Perps MSFT-USD+0.0050%1h$288K$418K10xas long as short
SoDEX MSFT-USD+0.0050%1h$59K$3K10xas long as short
Ondo Perps MSFT-USD.P+0.0050%1h$537K$372K15xas long as short
Paradex MSFT-USD-PERP+0.0052%8h$2175xas long as short
Lighter MSFT+0.0064%1h$1.1M$526K20xas 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-USDshort+0.0151%1h$112K$49K10x
Injective MSFT/USDC PERP+0.0220%1h$113K$184K30xas long as short
edgeX MSFTUSDC+0.0361%4h$100K$244K10xas long as short