Funding you earn now, next payment 23:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h −0.031%
Price spread now: Bitget against Aevo−0.009%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo MSFT-PERP | 502.06 | 0.0104 | pay 0.0013% / 1h | 16m 39s | $55 | — | 10x |
| Short | Bitget MSFTUSDT | 502.02 | 0 | get 0.0000% / 8h | 1h 16m | $3.8M | $2.2M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Aevo. 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
- −$21.84
- Price spread: −0.009% → 0.000%
- −$0.88
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$50.72
- Costs to cover
- 0.280%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; Bitget: live order book, 1 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 Aevo no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 1 min ago | 1.00 bp | 10.2 bp −$10 | 14.0 bp −$140 | 44.1 bp −$4,412 | doesn't fit |
Aevo: 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 | −0.0696% | 4h | 502.08 | +0.004% | $102K | $243K | 10x | as long as short |
| BloFin MSFT-USDT | −0.0028% | 8h | 502.16 | +0.019% | $188K | $210K | 20x | as long as short |
| Aster MSFTUSDT | 0.0000% | 8h | 502.15 | +0.017% | $161K | $116K | 20x | as long as short |
| Extended MSFT_24_5-USD | 0.0000% | 1h | 501.89 | −0.034% | $337K | $392K | 17x | as long as short |
| Binance MSFTUSDT | 0.0000% | 8h | 502.00 | −0.013% | $15.7M | $19.2M | 20x | as long as short |
| OKX MSFT-USDT-SWAP | 0.0000% | 8h | 501.97 | −0.019% | $3.0M | $2.3M | 20x | as long as short |
| Gate MSFT_USDT | 0.0000% | 8h | 501.83 | −0.047% | $3.1M | $1.6M | 100x | as long as short |
| Bitget MSFTUSDTshort | 0.0000% | 8h | 502.02 | −0.009% | $3.8M | $2.2M | 100x | |
| Variational Omni MSFT | 0.0000% | 8h | 502.09 | +0.005% | $1.3M | $702K | — | as long as short |
| GRVT MSFT_USDT_Perp | 0.0000% | 8h | 502.10 | +0.008% | $19K | $312K | 10x | as long as short |
Show all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX MSFT-USDT | 0.0000% | 8h | 502.87 | +0.160% | $6K | $4.3M | 20x | as long as short |
| Deribit MSFT_USDC-PERPETUAL | 0.0000% | 1h | 501.77 | −0.059% | $27K | $100K | 10x | as long as short |
| Coinbase International MSFT-PERP-INTX | 0.0000% | 1h | 501.58 | −0.096% | $688K | $449K | 10x | as long as short |
| HTX MSFT-USDT | 0.0000% | 8h | 501.91 | −0.031% | $59K | $227K | 20x | as long as short |
| Phemex MSFTUSDT | 0.0000% | 8h | 502.23 | +0.033% | $2.2M | $758K | 10x | as long as short |
| Nado MSFT-PERP | +0.0008% | 1h | 501.88 | −0.036% | $414K | $64K | 20x | as long as short |
| Bybit MSFTUSDT | +0.0018% | 8h | 502.06 | −0.001% | $7.4M | $1.7M | 100x | as long as short |
| Lighter RH MSFT | +0.0032% | 1h | 501.82 | −0.049% | $652K | $2.1M | 20x | as long as short |
| QFEX MSFT-USD | +0.0040% | 1h | 501.97 | −0.019% | $1.1M | $5.8M | 10x | as long as short |
| Vest MSFT-USD-PERP | +0.0046% | 1h | 501.92 | −0.029% | — | $1K | 25x | as long as short |
| tradeXYZ xyz:MSFT | +0.0050% | 1h | 501.60 | −0.093% | $22.3M | $9.7M | 20x | as long as short |
| Polymarket Perps MSFT-USD | +0.0050% | 1h | 501.63 | −0.087% | $305K | $674K | 10x | as long as short |
| SoDEX MSFT-USD | +0.0050% | 1h | 501.98 | −0.017% | $60K | $3K | 10x | as long as short |
| Ondo Perps MSFT-USD.P | +0.0050% | 1h | 501.77 | −0.059% | $529K | $493K | 15x | as long as short |
| Paradex MSFT-USD-PERP | +0.0059% | 8h | 501.85 | −0.043% | $221 | — | 5x | as long as short |
| Phoenix MSFT | +0.0080% | 1h | 501.89 | −0.035% | $10K | $15K | 20x | as long as short |
| Hotstuff MSFT-PERP | +0.0080% | 1h | 501.73 | −0.067% | $32K | $8K | 20x | as long as short |
| KuCoin MSFTUSDTM | +0.0100% | 8h | 501.47 | −0.118% | $1.5M | $19K | 20x | as long as short |
| ApeX Omni MSFTUSDT | +0.0100% | 1h | 501.77 | −0.059% | $160K | $7K | 50x | as long as short |
| Orderly PERP_MSFT_USDC_mythos | +0.0100% | 8h | 502.01 | −0.011% | $8K | — | 10x | as long as short |
| Aevo MSFT-PERPlong | +0.0104% | 1h | 502.06 | long leg | $55 | — | 10x | |
| Lighter MSFT | +0.0128% | 1h | 502.00 | −0.013% | $1.1M | $590K | 20x | as long as short |
| Arcus MSFT-USD | +0.0200% | 1h | 501.89 | −0.035% | $98K | $109K | 10x | as long as short |
| Injective MSFT/USDC PERP | +0.0220% | 1h | 502.30 | +0.047% | $115K | $45K | 30x | as long as short |
Bitget MSFTUSDT
edgeX MSFTUSDC
BloFin MSFT-USDT
Aster MSFTUSDT
Extended MSFT_24_5-USD
Binance MSFTUSDT
OKX MSFT-USDT-SWAP
Gate MSFT_USDT
Variational Omni MSFT
GRVT MSFT_USDT_Perp
SunX MSFT-USDT
Deribit MSFT_USDC-PERPETUAL
Coinbase International MSFT-PERP-INTX
HTX MSFT-USDT
Phemex MSFTUSDT
Bybit MSFTUSDT
Lighter RH MSFT
tradeXYZ xyz:MSFT
Polymarket Perps MSFT-USD
SoDEX MSFT-USD
Paradex MSFT-USD-PERP
Phoenix MSFT
KuCoin MSFTUSDTM
ApeX Omni MSFTUSDT
Lighter MSFT
Injective MSFT/USDC PERP