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

MSFT

RWAall MSFT markets
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Funding spread now, next payment 16:00 UTC−0.0003%/8h
paid, last 24h−0.002%paid, last 3 days−0.042%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni MSFT492.960get 0.0000% / 8h38m 06s$1.2M$690K
ShortNado MSFT-PERP492.94−0.0003pay 0.0000% / 1h38m 06s$458K$4K20x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
−$0.7
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$7.7
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Nado: live order book, 11 min ago. Net counts fees only.

Price risk

price view
Price gap now
−0.004%
Avg gap 7d
−0.025%
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 Variational Omni RFQ quote, 2 min ago2.53 bpdoesn't fit16.9 bp −$169doesn't fitdoesn't fit
Sell Nado live order book, 11 min ago0.61 bp6.7 bp −$715.3 bp −$153doesn't fitdoesn't fit

MSFT on 33 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Coinbase International MSFT-PERP-INTX−0.0008%1h$663K$333K10xas long as short
BloFin MSFT-USDT−0.0005%8h$194K$142K20xas long as short
Nado MSFT-PERPshort−0.0003%1h$458K$4K20x
Aster MSFTUSDT0.0000%8h$151K$76K20xas long as short
Extended MSFT_24_5-USD0.0000%1h$327K$380K17xas long as short
Binance MSFTUSDT0.0000%8h$15.8M$13.0M20xas long as short
Bybit MSFTUSDT0.0000%8h$7.4M$1.1M100xas long as short
OKX MSFT-USDT-SWAP0.0000%8h$3.1M$1.4M20xas long as short
Gate MSFT_USDT0.0000%8h$3.0M$1.0M100xas long as short
Bitget MSFTUSDT0.0000%8h$3.7M$1.6M100xas long as short
Show all 33 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Variational Omni MSFTlong0.0000%8h$1.2M$690K
SunX MSFT-USDT0.0000%8h$6K$3.9M20xas long as short
Deribit MSFT_USDC-PERPETUAL0.0000%1h$27K$104K10xas long as short
HTX MSFT-USDT0.0000%8h$58K$230K20xas long as short
Phemex MSFTUSDT0.0000%8h$2.1M$481K10xas long as short
Lighter MSFT+0.0032%1h$1.1M$529K20xas long as short
Lighter RH MSFT+0.0032%1h$677K$2.0M20xas long as short
Vest MSFT-USD-PERP+0.0046%1h25xas long as short
tradeXYZ xyz:MSFT+0.0050%1h$23.1M$6.1M20xas long as short
Polymarket Perps MSFT-USD+0.0050%1h$287K$472K10xas long as short
SoDEX MSFT-USD+0.0050%1h$59K$3K10xas long as short
Ondo Perps MSFT-USD.P+0.0050%1h$536K$372K15xas long as short
Paradex MSFT-USD-PERP+0.0052%8h$2175xas long as short
QFEX MSFT-USD+0.0052%1h$1.2M$3.4M10xas long as short
Phoenix MSFT+0.0065%1h$10K$15K20xas long as short
Hotstuff MSFT-PERP+0.0088%1h$40K20xas long as short
KuCoin MSFTUSDTM+0.0100%8h$1.4M$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
edgeX MSFTUSDC+0.0248%4h$100K$243K10xas long as short
Arcus MSFT-USD+0.0325%1h$112K$48K10xas long as short