Funding you earn now, next payment 06:00 UTC−0.0058%/8h= −6.4% APRnext payment −$0.07 per $10,000 · paid last 24h −0.017%
Price spread now: Vest against Aevo+0.003%52s7-day average — · you sell dearer than you buy
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
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo MSFT-PERP | 502.68 | 0.0104 | pay 0.0013% / 1h | 47m 36s | $55 | — | 10x |
| Short | Vest MSFT-USD-PERP | 502.69 | 0.0046 | get 0.0006% / 1h | 47m 36s | — | $1K | 25x |
Aevo MSFT-PERP
Vest MSFT-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest 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
- −$12.25
- Price spread: +0.003% → 0.000%
- $0.25
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$30
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; Vest: 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 Aevo no order-book sample | — | — | — | — | — |
| Sell Vest no order-book sample | — | — | — | — | — |
Aevo and 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International MSFT-PERP-INTX | −0.0064% | 1h | 502.41 | −0.053% | $684K | $454K | 10x | as long as short |
| Aster MSFTUSDT | 0.0000% | 8h | 502.59 | −0.017% | $161K | $116K | 20x | as long as short |
| Extended MSFT_24_5-USD | 0.0000% | 1h | 502.71 | +0.007% | $341K | $1.2M | 17x | as long as short |
| Binance MSFTUSDT | 0.0000% | 8h | 502.85 | +0.034% | $15.8M | $19.2M | 20x | as long as short |
| Bybit MSFTUSDT | 0.0000% | 8h | 502.55 | −0.025% | $7.2M | $2.2M | 100x | as long as short |
| OKX MSFT-USDT-SWAP | 0.0000% | 8h | 502.90 | +0.044% | $3.0M | $2.3M | 20x | as long as short |
| Gate MSFT_USDT | 0.0000% | 8h | 502.56 | −0.023% | $3.1M | $1.7M | 100x | as long as short |
| Bitget MSFTUSDT | 0.0000% | 8h | 502.73 | +0.010% | $4.2M | $2.7M | 100x | as long as short |
| Variational Omni MSFT | 0.0000% | 8h | 502.78 | +0.020% | $1.3M | $493K | — | as long as short |
| GRVT MSFT_USDT_Perp | 0.0000% | 8h | 502.91 | +0.046% | $18K | $311K | 10x | as long as short |
Coinbase International MSFT-PERP-INTX
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_PerpShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX MSFT-USDT | 0.0000% | 8h | 503.60 | +0.184% | $6K | $3.9M | 20x | as long as short |
| Deribit MSFT_USDC-PERPETUAL | 0.0000% | 1h | 502.52 | −0.031% | $27K | $42K | 10x | as long as short |
| HTX MSFT-USDT | 0.0000% | 8h | 502.72 | +0.008% | $58K | $226K | 20x | as long as short |
| Phemex MSFTUSDT | 0.0000% | 8h | 503.19 | +0.102% | $2.2M | $791K | 10x | as long as short |
| Nado MSFT-PERP | +0.0001% | 1h | 502.52 | −0.031% | $412K | $66K | 20x | as long as short |
| BloFin MSFT-USDT | +0.0008% | 8h | 502.80 | +0.024% | $190K | $205K | 20x | as long as short |
| Phoenix MSFT | +0.0016% | 1h | 502.53 | −0.029% | $11K | $15K | 20x | as long as short |
| Lighter RH MSFT | +0.0032% | 1h | 502.60 | −0.015% | $678K | $2.0M | 20x | as long as short |
| QFEX MSFT-USD | +0.0036% | 1h | 502.67 | −0.001% | $1.2M | $4.8M | 10x | as long as short |
| Arcus MSFT-USD | +0.0040% | 1h | 502.59 | −0.017% | $96K | $111K | 10x | as long as short |
| Vest MSFT-USD-PERPshort | +0.0046% | 1h | 502.69 | +0.003% | — | $1K | 25x | |
| tradeXYZ xyz:MSFT | +0.0050% | 1h | 502.38 | −0.059% | $22.2M | $8.9M | 20x | as long as short |
| Polymarket Perps MSFT-USD | +0.0050% | 1h | 502.40 | −0.055% | $303K | $713K | 10x | as long as short |
| SoDEX MSFT-USD | +0.0050% | 1h | 502.59 | −0.017% | $60K | $3K | 10x | as long as short |
| Ondo Perps MSFT-USD.P | +0.0050% | 1h | 502.31 | −0.073% | $512K | $463K | 15x | as long as short |
| Paradex MSFT-USD-PERP | +0.0052% | 8h | 502.68 | 0.000% | $221 | — | 5x | as long as short |
| Hotstuff MSFT-PERP | +0.0064% | 1h | 502.38 | −0.059% | $32K | $8K | 20x | as long as short |
| KuCoin MSFTUSDTM | +0.0100% | 8h | 502.58 | −0.019% | $1.6M | $57K | 20x | as long as short |
| ApeX Omni MSFTUSDT | +0.0100% | 1h | 502.63 | −0.009% | $160K | $7K | 50x | as long as short |
| Orderly PERP_MSFT_USDC_mythos | +0.0100% | 8h | 502.65 | −0.005% | $8K | — | 10x | as long as short |
| Aevo MSFT-PERPlong | +0.0104% | 1h | 502.68 | long leg | $55 | — | 10x | |
| Lighter MSFT | +0.0120% | 1h | 502.88 | +0.040% | $1.2M | $495K | 20x | as long as short |
| Injective MSFT/USDC PERP | +0.0220% | 1h | 503.24 | +0.112% | $115K | $45K | 30x | as long as short |
| edgeX MSFTUSDC | +0.0752% | 4h | 502.72 | +0.009% | $102K | $244K | 10x | as long as short |
SunX MSFT-USDT
Deribit MSFT_USDC-PERPETUAL
HTX MSFT-USDT
Phemex MSFTUSDT
Nado MSFT-PERP
BloFin MSFT-USDT
Phoenix MSFT
Lighter RH MSFT
QFEX MSFT-USD
Arcus MSFT-USD
tradeXYZ xyz:MSFT
Polymarket Perps MSFT-USD
SoDEX MSFT-USD
Ondo Perps MSFT-USD.P
Paradex MSFT-USD-PERP
Hotstuff MSFT-PERP
KuCoin MSFTUSDTM
ApeX Omni MSFTUSDT
Orderly PERP_MSFT_USDC_mythos
Lighter MSFT
Injective MSFT/USDC PERP
edgeX MSFTUSDC