MSFT

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.1700%/8h= −186.1% APRnext payment −$2.13 per $10,000 · paid last 24h −0.130%

Price spread now: Hotstuff against ApeX Omni+0.006%603s7-day average — · you sell dearer than you buy

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

Long on ApeX Omni Short on Hotstuff

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 airdropHotstuff: Active · farm boardneeds 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: −$51 a day on $10k at the current rate. The two prices were read 603 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	ApeX Omni MSFTUSDT	503.30	0.0100	pay 0.0013% / 1h	49m 16s	$160K	$7K	50x
Short	Hotstuff MSFT-PERP	503.33	−0.1600	pay 0.0200% / 1h	49m 16s	$32K	$8K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff against ApeX Omni. 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 ApeX OmnibpFee HotstuffbpOrdersPrice spread, now +0.006%Rate

Funding earned: −$357
Price spread: +0.006% → 0.000%: $0.6
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: −$371.4
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: ApeX Omni: live order book, 59 min ago; Hotstuff: 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 ApeX Omni live order book, 59 min ago	5.06 bp	10.1 bp −$10	72.8 bp −$728	doesn't fit	doesn't fit
Sell Hotstuff no order-book sample	—	—	—	—	—

Hotstuff: 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 exchanges

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-PERPshort	−0.1600%	1h	503.33	+0.006%	$32K	$8K	20x
Ondo Perps MSFT-USD.P	−0.0058%	1h	502.68	−0.123%	$532K	$382K	15x	as long as short
Nado MSFT-PERP	−0.0048%	1h	502.86	−0.087%	$410K	$72K	20x	as long as short
Aster MSFTUSDT	0.0000%	8h	503.80	+0.100%	$166K	$118K	20x	as long as short
Extended MSFT_24_5-USD	0.0000%	1h	503.12	−0.036%	$326K	$1.9M	17x	as long as short
Binance MSFTUSDT	0.0000%	8h	503.23	−0.014%	$16.4M	$20.9M	20x	as long as short
Bybit MSFTUSDT	0.0000%	8h	502.93	−0.074%	$7.3M	$2.3M	100x	as long as short
Gate MSFT_USDT	0.0000%	8h	503.05	−0.050%	$3.1M	$1.9M	100x	as long as short
Bitget MSFTUSDT	0.0000%	8h	503.19	−0.022%	$3.9M	$2.9M	100x	as long as short
Variational Omni MSFT	0.0000%	8h	503.26	−0.009%	$1.3M	$396K	—	as long as short

Show all 34 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX MSFT-USDT	0.0000%	8h	504.13	+0.165%	$6K	$3.5M	20x	as long as short
Deribit MSFT_USDC-PERPETUAL	0.0000%	1h	502.87	−0.085%	$30K	$47K	10x	as long as short
Coinbase International MSFT-PERP-INTX	0.0000%	1h	502.80	−0.099%	$702K	$522K	10x	as long as short
HTX MSFT-USDT	0.0000%	8h	503.10	−0.040%	$48K	$246K	20x	as long as short
Phemex MSFTUSDT	0.0000%	8h	503.50	+0.040%	$2.3M	$909K	10x	as long as short
BloFin MSFT-USDT	0.0000%	8h	503.26	−0.008%	$202K	$214K	20x	as long as short
GRVT MSFT_USDT_Perp	+0.0007%	8h	503.55	+0.050%	$19K	$318K	10x	as long as short
tradeXYZ xyz:MSFT	+0.0017%	1h	502.72	−0.115%	$22.5M	$9.2M	20x	as long as short
Lighter MSFT	+0.0032%	1h	503.08	−0.044%	$1.2M	$480K	20x	as long as short
Lighter RH MSFT	+0.0032%	1h	503.10	−0.040%	$690K	$1.8M	20x	as long as short
Vest MSFT-USD-PERP	+0.0046%	1h	503.12	−0.036%	—	$1K	25x	as long as short
Polymarket Perps MSFT-USD	+0.0050%	1h	502.85	−0.089%	$318K	$677K	10x	as long as short
SoDEX MSFT-USD	+0.0050%	1h	503.07	−0.046%	$60K	$3K	10x	as long as short
Paradex MSFT-USD-PERP	+0.0056%	8h	503.06	−0.048%	$221	—	5x	as long as short
OKX MSFT-USDT-SWAP	+0.0057%	8h	503.29	−0.002%	$3.2M	$2.7M	20x	as long as short
QFEX MSFT-USD	+0.0058%	1h	503.07	−0.046%	$1.1M	$4.7M	10x	as long as short
Phoenix MSFT	+0.0079%	1h	503.21	−0.018%	$11K	$5K	20x	as long as short
KuCoin MSFTUSDTM	+0.0100%	8h	502.95	−0.070%	$1.6M	$223K	20x	as long as short
ApeX Omni MSFTUSDTlong	+0.0100%	1h	503.30	long leg	$160K	$7K	50x
Orderly PERP_MSFT_USDC_mythos	+0.0100%	8h	503.26	−0.008%	$8K	—	10x	as long as short
Aevo MSFT-PERP	+0.0104%	1h	503.26	−0.009%	$55	—	10x	as long as short
Arcus MSFT-USD	+0.0190%	1h	502.99	−0.062%	$93K	$83K	10x	as long as short
edgeX MSFTUSDC	+0.0195%	4h	503.42	+0.024%	$102K	$243K	10x	as long as short
Injective MSFT/USDC PERP	+0.0220%	1h	503.61	+0.062%	$115K	$45K	30x	as long as short