MSFT

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%

Price spread now: Orderly against Aster−0.026%7-day average — · you buy dearer than you sell

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

Long on Aster Short on Orderly

What this pair did over the last

the charts below follow

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—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding pays, the price is against you. Orderly is 0.026% cheaper against Aster than usual: you would sell low and buy high (spread −0.026% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 21 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster MSFTUSDT	503.92	0	get 0.0000% / 8h	7h 26m	$162K	$114K	20x
Short	Orderly PERP_MSFT_USDC_mythos	503.79	0.0100	get 0.0100% / 8h	7h 26m	$8K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Aster. 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 AsterbpFee OrderlybpOrdersPrice spread, now −0.026%Rate

Funding earned: $21
Price spread: −0.026% → 0.000%: −$2.65
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Orderly: 3 bp × 2 orders: −$6
Net: $4.35
Costs to cover: 0.140%
Break-even: 5.5 days

Slippage unknown: Aster: live order book, 5 min ago; Orderly: 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 Aster live order book, 5 min ago	21.10 bp	26.7 bp −$27	doesn't fit	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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	−0.0313%	4h	504.33	+0.081%	$103K	$244K	10x	as long as short
Coinbase International MSFT-PERP-INTX	−0.0056%	1h	503.90	−0.005%	$681K	$480K	10x	as long as short
Nado MSFT-PERP	−0.0026%	1h	503.94	+0.004%	$415K	$67K	20x	as long as short
BloFin MSFT-USDT	−0.0002%	8h	504.29	+0.073%	$192K	$203K	20x	as long as short
Aster MSFTUSDTlong	0.0000%	8h	503.92	long leg	$162K	$114K	20x
Extended MSFT_24_5-USD	0.0000%	1h	503.79	−0.026%	$335K	$1.9M	17x	as long as short
Binance MSFTUSDT	0.0000%	8h	503.93	+0.001%	$15.9M	$19.3M	20x	as long as short
Bybit MSFTUSDT	0.0000%	8h	503.58	−0.068%	$7.2M	$2.3M	100x	as long as short
OKX MSFT-USDT-SWAP	0.0000%	8h	503.94	+0.003%	$3.0M	$2.4M	20x	as long as short
Gate MSFT_USDT	0.0000%	8h	503.64	−0.056%	$3.1M	$1.9M	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	503.92	−0.001%	$3.9M	$2.9M	100x	as long as short
Variational Omni MSFT	0.0000%	8h	504.34	+0.083%	$1.3M	$387K	—	as long as short
GRVT MSFT_USDT_Perp	0.0000%	8h	504.31	+0.077%	$19K	$316K	10x	as long as short
SunX MSFT-USDT	0.0000%	8h	504.76	+0.166%	$6K	$3.5M	20x	as long as short
HTX MSFT-USDT	0.0000%	8h	503.93	+0.001%	$59K	$225K	20x	as long as short
Phemex MSFTUSDT	0.0000%	8h	504.31	+0.077%	$2.2M	$838K	10x	as long as short
Hotstuff MSFT-PERP	+0.0008%	1h	503.73	−0.038%	$32K	$8K	20x	as long as short
Phoenix MSFT	+0.0016%	1h	503.98	+0.011%	$11K	$15K	20x	as long as short
QFEX MSFT-USD	+0.0023%	1h	503.80	−0.024%	$1.1M	$4.6M	10x	as long as short
Lighter MSFT	+0.0032%	1h	503.60	−0.064%	$1.2M	$517K	20x	as long as short
Lighter RH MSFT	+0.0032%	1h	503.60	−0.064%	$699K	$1.9M	20x	as long as short
Arcus MSFT-USD	+0.0040%	1h	503.84	−0.017%	$97K	$110K	10x	as long as short
Vest MSFT-USD-PERP	+0.0046%	1h	503.88	−0.009%	—	$1K	25x	as long as short
tradeXYZ xyz:MSFT	+0.0050%	1h	503.36	−0.112%	$22.4M	$8.9M	20x	as long as short
Polymarket Perps MSFT-USD	+0.0050%	1h	503.41	−0.102%	$303K	$650K	10x	as long as short
SoDEX MSFT-USD	+0.0050%	1h	503.69	−0.046%	$60K	$3K	10x	as long as short
Ondo Perps MSFT-USD.P	+0.0050%	1h	503.60	−0.064%	$514K	$391K	15x	as long as short
Paradex MSFT-USD-PERP	+0.0052%	8h	503.73	−0.038%	$222	—	5x	as long as short
KuCoin MSFTUSDTM	+0.0100%	8h	503.64	−0.056%	$1.6M	$115K	20x	as long as short
ApeX Omni MSFTUSDT	+0.0100%	1h	503.83	−0.019%	$160K	$7K	50x	as long as short
Orderly PERP_MSFT_USDC_mythosshort	+0.0100%	8h	503.79	−0.026%	$8K	—	10x
Aevo MSFT-PERP	+0.0104%	1h	503.80	−0.025%	$55	—	10x	as long as short
Deribit MSFT_USDC-PERPETUAL	+0.0147%	1h	503.66	−0.052%	$27K	$45K	10x	as long as short
Injective MSFT/USDC PERP	+0.0220%	1h	505.84	+0.380%	$116K	$45K	30x	as long as short