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

MSFT

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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding spread now, next payment 14:00 UTC−0.0050%/8h
paid, last 24h−0.016%paid, last 3 days−0.038%to open and closeno order book
Long on tradeXYZShort on Variational Omni
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:MSFT493.990.0050pay 0.0006% / 1h27m 03s$23.3M$5.4M20x
ShortVariational Omni MSFT494.920get 0.0000% / 8h2h 27m$1.3M$620K—

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$10.5
Slippage, 4 orders
no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$28.5
Break-even
never at this rate
Slippage unknown: tradeXYZ: live order book, 2 min ago; Variational Omni: RFQ quote, 3 min ago. Net counts fees only.

Price risk

price view
Price gap now
+0.188%
Avg gap 7d
+0.118%
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, 2 min ago0.10 bp10.1 bp −$1014.1 bp −$141doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 3 min ago2.53 bpdoesn't fit15.7 bp −$157doesn't fitdoesn't fit

MSFT on 33 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Hotstuff MSFT-PERP−0.1600%1h$40K—20xas long as short
Coinbase International MSFT-PERP-INTX−0.0008%1h$663K$323K10xas long as short
Nado MSFT-PERP−0.0007%1h$459K$1K20xas long as short
Aster MSFTUSDT0.0000%8h$150K$8K20xas long as short
Extended MSFT_24_5-USD0.0000%1h$335K$365K17xas long as short
Binance MSFTUSDT0.0000%8h$15.7M$8.5M20xas long as short
Bybit MSFTUSDT0.0000%8h$7.2M$775K100xas long as short
OKX MSFT-USDT-SWAP0.0000%8h$2.9M$422K20xas long as short
Gate MSFT_USDT0.0000%8h$3.0M$804K100xas long as short
Bitget MSFTUSDT0.0000%8h$3.6M$1.2M100xas long as short
Show all 33 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Variational Omni MSFTshort0.0000%8h$1.3M$620K—
SunX MSFT-USDT0.0000%8h$6K$2.4M20xas long as short
Deribit MSFT_USDC-PERPETUAL0.0000%1h$27K$93K10xas long as short
HTX MSFT-USDT0.0000%8h$57K$231K20xas long as short
Phemex MSFTUSDT0.0000%8h$2.0M$350K10xas long as short
BloFin MSFT-USDT+0.0003%8h$190K$104K20xas long as short
Lighter MSFT+0.0032%1h$1.1M$475K20xas long as short
Lighter RH MSFT+0.0032%1h$691K$2.7M20xas long as short
Phoenix MSFT+0.0032%1h$10K$15K20xas long as short
QFEX MSFT-USD+0.0038%1h$1.2M$2.9M10xas long as short
Vest MSFT-USD-PERP+0.0046%1h——25xas long as short
tradeXYZ xyz:MSFTlong+0.0050%1h$23.3M$5.4M20x
Polymarket Perps MSFT-USD+0.0050%1h$315K$249K10xas long as short
SoDEX MSFT-USD+0.0050%1h$59K$3K10xas long as short
Ondo Perps MSFT-USD.P+0.0050%1h$530K$336K15xas long as short
Paradex MSFT-USD-PERP+0.0051%8h$218—5xas long as short
KuCoin MSFTUSDTM+0.0100%8h$1.5M$6K20xas long as short
ApeX Omni MSFTUSDT+0.0100%1h$158K$7K50xas long as short
Orderly PERP_MSFT_USDC_mythos+0.0100%8h$8K—10xas long as short
Aevo MSFT-PERP+0.0104%1h$54—10xas long as short
Injective MSFT/USDC PERP+0.0220%1h$113K$173K30xas long as short
Arcus MSFT-USD+0.0298%1h$112K$49K10xas long as short
edgeX MSFTUSDC+0.0886%4h$101K$244K10xas long as short