Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.5% APRnext payment +$0.01 per $10,000 · paid last 24h +0.001%
Price spread now: SoDEX against Vest−0.028%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SoDEX is 0.028% cheaper against Vest than usual: you would sell low and buy high, −$3 on $10k if it 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 | Vest MSFT-USD-PERP | 501.29 | 0.0046 | pay 0.0006% / 1h | 10m 46s | — | $1K | 25x |
| Short | SoDEX MSFT-USD | 501.15 | 0.0050 | get 0.0006% / 1h | 10m 46s | $60K | $3K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX against Vest. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0.91
- Price spread: −0.028% → 0.000%
- −$2.79
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$11.89
- Costs to cover
- 0.100%
- Break-even
- 98.7 days
Slippage unknown: Vest: no order-book sample; SoDEX: 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 Vest no order-book sample | — | — | — | — | — |
| Sell SoDEX no order-book sample | — | — | — | — | — |
Vest and SoDEX: 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 | −0.0330% | 4h | 501.40 | +0.022% | $102K | $244K | 10x | as long as short |
| Coinbase International MSFT-PERP-INTX | −0.0040% | 1h | 500.97 | −0.064% | $677K | $457K | 10x | as long as short |
| BloFin MSFT-USDT | −0.0027% | 8h | 501.33 | +0.008% | $189K | $204K | 20x | as long as short |
| Nado MSFT-PERP | −0.0016% | 1h | 501.19 | −0.020% | $414K | $64K | 20x | as long as short |
| Aster MSFTUSDT | 0.0000% | 8h | 501.18 | −0.023% | $161K | $116K | 20x | as long as short |
| Extended MSFT_24_5-USD | 0.0000% | 1h | 501.19 | −0.020% | $337K | $890K | 17x | as long as short |
| Binance MSFTUSDT | 0.0000% | 8h | 501.38 | +0.019% | $15.8M | $19.0M | 20x | as long as short |
| Bybit MSFTUSDT | 0.0000% | 8h | 501.03 | −0.052% | $7.2M | $2.2M | 100x | as long as short |
| OKX MSFT-USDT-SWAP | 0.0000% | 8h | 501.43 | +0.028% | $3.0M | $2.3M | 20x | as long as short |
| Gate MSFT_USDT | 0.0000% | 8h | 501.17 | −0.024% | $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 | 501.28 | −0.002% | $4.5M | $2.5M | 100x | as long as short |
| Variational Omni MSFT | 0.0000% | 8h | 501.23 | −0.012% | $1.3M | $613K | — | as long as short |
| GRVT MSFT_USDT_Perp | 0.0000% | 8h | 501.48 | +0.038% | $19K | $302K | 10x | as long as short |
| SunX MSFT-USDT | 0.0000% | 8h | 502.11 | +0.164% | $6K | $4.0M | 20x | as long as short |
| Deribit MSFT_USDC-PERPETUAL | 0.0000% | 1h | 501.00 | −0.058% | $27K | $41K | 10x | as long as short |
| HTX MSFT-USDT | 0.0000% | 8h | 501.18 | −0.022% | $59K | $225K | 20x | as long as short |
| Phemex MSFTUSDT | 0.0000% | 8h | 501.60 | +0.062% | $2.2M | $770K | 10x | as long as short |
| Lighter RH MSFT | +0.0032% | 1h | 501.14 | −0.030% | $675K | $2.0M | 20x | as long as short |
| QFEX MSFT-USD | +0.0036% | 1h | 501.17 | −0.024% | $1.2M | $5.1M | 10x | as long as short |
| Arcus MSFT-USD | +0.0040% | 1h | 501.10 | −0.038% | $96K | $111K | 10x | as long as short |
| Vest MSFT-USD-PERPlong | +0.0046% | 1h | 501.29 | long leg | — | $1K | 25x | |
| Phoenix MSFT | +0.0048% | 1h | 501.13 | −0.032% | $10K | $15K | 20x | as long as short |
| tradeXYZ xyz:MSFT | +0.0050% | 1h | 500.83 | −0.092% | $22.0M | $8.7M | 20x | as long as short |
| Polymarket Perps MSFT-USD | +0.0050% | 1h | 500.96 | −0.066% | $302K | $722K | 10x | as long as short |
| SoDEX MSFT-USDshort | +0.0050% | 1h | 501.15 | −0.028% | $60K | $3K | 10x | |
| Ondo Perps MSFT-USD.P | +0.0050% | 1h | 500.84 | −0.090% | $527K | $443K | 15x | as long as short |
| Paradex MSFT-USD-PERP | +0.0056% | 8h | 501.23 | −0.012% | $221 | — | 5x | as long as short |
| Lighter MSFT | +0.0096% | 1h | 501.38 | +0.018% | $1.1M | $499K | 20x | as long as short |
| KuCoin MSFTUSDTM | +0.0100% | 8h | 500.99 | −0.060% | $1.5M | $20K | 20x | as long as short |
| ApeX Omni MSFTUSDT | +0.0100% | 1h | 501.20 | −0.018% | $160K | $7K | 50x | as long as short |
| Orderly PERP_MSFT_USDC_mythos | +0.0100% | 8h | 501.25 | −0.008% | $8K | — | 10x | as long as short |
| Aevo MSFT-PERP | +0.0104% | 1h | 501.21 | −0.016% | $55 | — | 10x | as long as short |
| Hotstuff MSFT-PERP | +0.0168% | 1h | 500.86 | −0.086% | $32K | $8K | 20x | as long as short |
| Injective MSFT/USDC PERP | +0.0220% | 1h | 501.76 | +0.094% | $115K | $45K | 30x | as long as short |
SoDEX MSFT-USD
edgeX MSFTUSDC
Coinbase International MSFT-PERP-INTX
BloFin MSFT-USDT
Aster MSFTUSDT
Extended MSFT_24_5-USD
Binance MSFTUSDT
Bybit MSFTUSDT
OKX MSFT-USDT-SWAP
Gate MSFT_USDT
Bitget MSFTUSDT
Variational Omni MSFT
GRVT MSFT_USDT_Perp
SunX MSFT-USDT
Deribit MSFT_USDC-PERPETUAL
HTX MSFT-USDT
Phemex MSFTUSDT
Lighter RH MSFT
Phoenix MSFT
tradeXYZ xyz:MSFT
Polymarket Perps MSFT-USD
Paradex MSFT-USD-PERP
Lighter MSFT
KuCoin MSFTUSDTM
ApeX Omni MSFTUSDT
Injective MSFT/USDC PERP