Funding spread now, next payment 14:00 UTC−0.0050%/8h
paid, last 24h−0.014%paid, last 7 days−0.039%to open and close $10k−$44
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:MSFT | 493.99 | 0.0050 | pay 0.0006% / 1h | 27m 02s | $23.3M | $5.4M | 20x |
| Short | Bybit MSFTUSDT | 494.79 | 0 | get 0.0000% / 8h | 2h 27m | $7.2M | $775K | 100x |
Funding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- −$10.5
- Slippage, 4 orders
- −$14.73
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$54.23
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 2 min ago; Bybit: live order book, 2 min ago.
Price risk
price view- Price gap now
- +0.162%
- Avg gap 7d
- +0.080%
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 tradeXYZ live order book, 2 min ago | 0.10 bp | 10.1 bp −$10 | 14.1 bp −$141 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 1.11 bp | 13.2 bp −$13 | 29.3 bp −$293 | doesn't fit | doesn't fit |
MSFT on 33 venues
lowest funding first. Swap a leg.| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Hotstuff MSFT-PERP | −0.1600% | 1h | $40K | — | 20x | as long as short |
| Coinbase International MSFT-PERP-INTX | −0.0008% | 1h | $663K | $323K | 10x | as long as short |
| Nado MSFT-PERP | −0.0007% | 1h | $459K | $1K | 20x | as long as short |
| Aster MSFTUSDT | 0.0000% | 8h | $150K | $8K | 20x | as long as short |
| Extended MSFT_24_5-USD | 0.0000% | 1h | $335K | $365K | 17x | as long as short |
| Binance MSFTUSDT | 0.0000% | 8h | $15.7M | $8.5M | 20x | as long as short |
| Bybit MSFTUSDTshort | 0.0000% | 8h | $7.2M | $775K | 100x | |
| OKX MSFT-USDT-SWAP | 0.0000% | 8h | $2.9M | $422K | 20x | as long as short |
| Gate MSFT_USDT | 0.0000% | 8h | $3.0M | $804K | 100x | as long as short |
| Bitget MSFTUSDT | 0.0000% | 8h | $3.6M | $1.2M | 100x | as long as short |
tradeXYZ xyz:MSFT
Bybit MSFTUSDT
Coinbase International MSFT-PERP-INTX
Aster MSFTUSDT
Extended MSFT_24_5-USD
Binance MSFTUSDT
OKX MSFT-USDT-SWAP
Gate MSFT_USDT
Bitget MSFTUSDT
Variational Omni MSFT
SunX MSFT-USDT
Deribit MSFT_USDC-PERPETUAL
HTX MSFT-USDT
Phemex MSFTUSDT
BloFin MSFT-USDT
Lighter MSFT
Lighter RH MSFT
Phoenix MSFT
Polymarket Perps MSFT-USD
SoDEX MSFT-USD
Paradex MSFT-USD-PERP
KuCoin MSFTUSDTM
ApeX Omni MSFTUSDT
Injective MSFT/USDC PERP