MSFT

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0004%/8h= +0.5% APRnext payment +$0.01 per $10,000 · paid last 24h −0.001%

Price spread now: tradeXYZ against Vest−0.056%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Vest Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVest: Active · tradeXYZ: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: tradeXYZ is 0.056% cheaper against Vest than usual: you would sell low and buy high, −$6 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	504.43	0.0046	pay 0.0006% / 1h	33m 59s	—	$1K	25x
Short	tradeXYZ xyz:MSFT	504.15	0.0050	get 0.0006% / 1h	33m 59s	$22.4M	$8.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ against Vest. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee VestbpFee tradeXYZbpOrdersPrice spread, now −0.056%Rate

Funding earned: $0.91
Price spread: −0.056% → 0.000%: −$5.55
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$24.64
Costs to cover: 0.200%
Break-even: 197.2 days

Slippage unknown: Vest: no order-book sample; tradeXYZ: live order book, 4 min ago. 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 tradeXYZ live order book, 4 min ago	0.40 bp	10.5 bp −$11	12.4 bp −$124	doesn't fit	doesn't fit

Vest: 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
Hotstuff MSFT-PERP	−0.0168%	1h	503.92	−0.101%	$33K	$8K	20x	as long as short
Coinbase International MSFT-PERP-INTX	−0.0056%	1h	503.83	−0.119%	$682K	$494K	10x	as long as short
Nado MSFT-PERP	−0.0047%	1h	504.14	−0.058%	$415K	$67K	20x	as long as short
Aster MSFTUSDT	0.0000%	8h	504.52	+0.019%	$162K	$114K	20x	as long as short
Extended MSFT_24_5-USD	0.0000%	1h	504.49	+0.012%	$339K	$1.9M	17x	as long as short
Binance MSFTUSDT	0.0000%	8h	504.62	+0.038%	$15.9M	$19.1M	20x	as long as short
Bybit MSFTUSDT	0.0000%	8h	504.31	−0.024%	$7.2M	$2.4M	100x	as long as short
OKX MSFT-USDT-SWAP	0.0000%	8h	504.53	+0.020%	$3.0M	$2.4M	20x	as long as short
Gate MSFT_USDT	0.0000%	8h	504.34	−0.018%	$3.2M	$1.9M	100x	as long as short
Bitget MSFTUSDT	0.0000%	8h	504.57	+0.028%	$3.9M	$2.9M	100x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni MSFT	0.0000%	8h	504.37	−0.012%	$1.3M	$387K	—	as long as short
GRVT MSFT_USDT_Perp	0.0000%	8h	504.34	−0.018%	$18K	$316K	10x	as long as short
SunX MSFT-USDT	0.0000%	8h	505.12	+0.137%	$6K	$3.6M	20x	as long as short
HTX MSFT-USDT	0.0000%	8h	504.52	+0.018%	$59K	$225K	20x	as long as short
Phemex MSFTUSDT	0.0000%	8h	505.04	+0.121%	$2.2M	$833K	10x	as long as short
Phoenix MSFT	+0.0016%	1h	504.13	−0.059%	$11K	$15K	20x	as long as short
QFEX MSFT-USD	+0.0023%	1h	504.21	−0.044%	$1.1M	$4.7M	10x	as long as short
BloFin MSFT-USDT	+0.0028%	8h	504.46	+0.006%	$192K	$205K	20x	as long as short
Lighter MSFT	+0.0032%	1h	504.34	−0.018%	$1.2M	$511K	20x	as long as short
Lighter RH MSFT	+0.0032%	1h	504.29	−0.028%	$698K	$1.9M	20x	as long as short
Arcus MSFT-USD	+0.0040%	1h	504.20	−0.046%	$97K	$110K	10x	as long as short
Vest MSFT-USD-PERPlong	+0.0046%	1h	504.43	long leg	—	$1K	25x
tradeXYZ xyz:MSFTshort	+0.0050%	1h	504.15	−0.056%	$22.4M	$8.9M	20x
Polymarket Perps MSFT-USD	+0.0050%	1h	503.83	−0.119%	$303K	$654K	10x	as long as short
SoDEX MSFT-USD	+0.0050%	1h	504.40	−0.006%	$61K	$3K	10x	as long as short
Ondo Perps MSFT-USD.P	+0.0050%	1h	503.99	−0.087%	$514K	$410K	15x	as long as short
Paradex MSFT-USD-PERP	+0.0052%	8h	504.18	−0.050%	$222	—	5x	as long as short
KuCoin MSFTUSDTM	+0.0100%	8h	504.03	−0.079%	$1.6M	$107K	20x	as long as short
ApeX Omni MSFTUSDT	+0.0100%	1h	503.93	−0.099%	$160K	$7K	50x	as long as short
Orderly PERP_MSFT_USDC_mythos	+0.0100%	8h	504.47	+0.008%	$8K	—	10x	as long as short
Aevo MSFT-PERP	+0.0104%	1h	504.36	−0.013%	$55	—	10x	as long as short
Deribit MSFT_USDC-PERPETUAL	+0.0127%	1h	504.29	−0.028%	$27K	$45K	10x	as long as short
Injective MSFT/USDC PERP	+0.0220%	1h	505.84	+0.280%	$116K	$45K	30x	as long as short
edgeX MSFTUSDC	+0.0695%	4h	504.34	−0.018%	$103K	$243K	10x	as long as short