data as of
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Price arb /

MSFT

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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

After costs, if the gap returns to its 7d average, $10k−$26
spread now−0.030%7d average−0.041%fees + slippage, in and out−$27spread needed0.272%
Long on BinanceShort on Deribit
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance MSFTUSDT493.010get 0.0000% / 8h42m 04s$15.8M$12.9M20x
ShortDeribit MSFT_USDC-PERPETUAL492.860get 0.0000% / 1h42m 04s$27K$103K10x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
−$3.04
Funding while held
$0
Slippage, 4 orders
−$10.19
Fee Binance: 5 bp × 2 orders
−$10
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$30.23
Spread needed to break even
0.272%
Slippage from Binance: live order book, 15 min ago; Deribit: live order book, 28 min ago.

Cost of waiting

funding view
Funding /8h
0.0000%
Per $10,000 a day
+$0.00
Average in range /8h
—

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 15 min ago0.10 bp6.6 bp −$79.0 bp −$9039.3 bp −$3,932doesn't fit
Sell Deribit live order book, 28 min ago3.85 bp7.3 bp −$78.5 bp −$85doesn't fitdoesn't fit

MSFT price on every exchange

against the cheapest. Click to use as the short leg.
tradeXYZ492.51cheapestPolymarket Perps492.53+0.004%Hotstuff492.56+0.010%Vest492.63+0.024%KuCoin492.67+0.032%Nado492.68+0.035%Ondo Perps492.73+0.045%SoDEX492.86+0.071%
Deribit492.86+0.071%
Gate492.87+0.073%ApeX Omni492.87+0.073%Paradex492.88+0.075%Lighter RH492.88+0.075%HTX492.91+0.081%Lighter492.92+0.083%Arcus492.92+0.083%Bitget492.98+0.095%Orderly492.98+0.095%QFEX492.99+0.097%
Binance493.01+0.102%
OKX493.01+0.102%Coinbase International493.01+0.102%Bybit493.02+0.104%Aevo493.02+0.104%Extended493.04+0.107%Aster493.06+0.112%Phoenix493.20+0.140%BloFin493.26+0.152%edgeX493.30+0.161%Injective493.40+0.181%Variational Omni493.50+0.201%Phemex493.51+0.203%SunX493.74+0.250%

MSFT on 33 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
tradeXYZ xyz:MSFT−0.101%+0.0050%1h$23.1M$6.1M20xas long as short
Polymarket Perps MSFT-USD−0.097%+0.0050%1h$287K$472K10xas long as short
Hotstuff MSFT-PERP−0.091%+0.0048%1h$40K—20xas long as short
Vest MSFT-USD-PERP−0.077%+0.0046%1h——25xas long as short
KuCoin MSFTUSDTM−0.069%+0.0100%8h$1.4M$7K20xas long as short
Nado MSFT-PERP−0.067%−0.0005%1h$458K$4K20xas long as short
Ondo Perps MSFT-USD.P−0.057%+0.0050%1h$536K$371K15xas long as short
SoDEX MSFT-USD−0.030%+0.0050%1h$59K$3K10xas long as short
Deribit MSFT_USDC-PERPETUALshort−0.030%0.0000%1h$27K$103K10x
Gate MSFT_USDT−0.028%0.0000%8h$3.0M$1.0M100xas long as short
Show all 33 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
ApeX Omni MSFTUSDT−0.028%+0.0100%1h$157K$7K50xas long as short
Paradex MSFT-USD-PERP−0.027%+0.0052%8h$217—5xas long as short
Lighter RH MSFT−0.026%+0.0032%1h$677K$2.0M20xas long as short
HTX MSFT-USDT−0.020%0.0000%8h$58K$231K20xas long as short
Lighter MSFT−0.018%+0.0032%1h$1.1M$529K20xas long as short
Arcus MSFT-USD−0.018%+0.0325%1h$112K$48K10xas long as short
Bitget MSFTUSDT−0.006%0.0000%8h$3.7M$1.6M100xas long as short
Orderly PERP_MSFT_USDC_mythos−0.006%+0.0100%8h$8K—10xas long as short
QFEX MSFT-USD−0.004%+0.0052%1h$1.1M$3.3M10xas long as short
Binance MSFTUSDTlong0.000%0.0000%8h$15.8M$12.9M20x
OKX MSFT-USDT-SWAP0.000%0.0000%8h$3.1M$1.4M20xas long as short
Coinbase International MSFT-PERP-INTX0.000%−0.0008%1h$663K$333K10xas long as short
Bybit MSFTUSDT+0.002%0.0000%8h$7.4M$1.1M100xas long as short
Aevo MSFT-PERP+0.003%+0.0104%1h$54—10xas long as short
Extended MSFT_24_5-USD+0.006%0.0000%1h$327K$380K17xas long as short
Aster MSFTUSDT+0.011%0.0000%8h$151K$76K20xas long as short
Phoenix MSFT+0.039%+0.0065%1h$10K$15K20xas long as short
BloFin MSFT-USDT+0.051%+0.0012%8h$193K$141K20xas long as short
edgeX MSFTUSDC+0.059%+0.0904%4h$100K$245K10xas long as short
Injective MSFT/USDC PERP+0.079%+0.0220%1h$113K$154K30xas long as short
Variational Omni MSFT+0.099%0.0000%8h$1.2M$686K—as long as short
Phemex MSFTUSDT+0.101%0.0000%8h$2.1M$477K10xas long as short
SunX MSFT-USDT+0.148%0.0000%8h$6K$3.8M20xas long as short