MSFT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0061%/8h= +6.7% APRnext payment +$0.61 per $10,000 · paid last 24h +0.005%

Price spread now: Paradex against Binance−0.024%48s7-day average — · you buy dearer than you sell

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

Long on Binance Short on Paradex

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 airdropParadex: Active · farm boardneeds both histories

Funding pays, the price is against you. Paradex is 0.024% cheaper against Binance than usual: you would sell low and buy high (spread −0.024% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 31 hours of funding at the current rate (+$2 a day). The two prices were read 48 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	Binance MSFTUSDT	501.64	0	get 0.0000% / 8h	5h 27m	$15.7M	$18.9M	20x
Short	Paradex MSFT-USD-PERP	501.52	0.0061	get 0.0061% / 8h	5h 27m	$221	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Binance. 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 BinancebpFee ParadexbpOrdersPrice spread, now −0.024%Rate

Funding earned: $12.81
Price spread: −0.024% → 0.000%: −$2.35
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$3.54
Costs to cover: 0.140%
Break-even: 8.9 days

Slippage unknown: Binance: live order book, 13 min ago; Paradex: 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 Binance live order book, 13 min ago	0.20 bp	6.9 bp −$7	13.3 bp −$133	45.6 bp −$4,559	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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	501.24	−0.080%	$679K	$456K	10x	as long as short
Nado MSFT-PERP	−0.0029%	1h	501.36	−0.056%	$414K	$64K	20x	as long as short
BloFin MSFT-USDT	−0.0021%	8h	501.76	+0.024%	$189K	$204K	20x	as long as short
Aster MSFTUSDT	0.0000%	8h	501.63	−0.003%	$161K	$116K	20x	as long as short
Extended MSFT_24_5-USD	0.0000%	1h	501.50	−0.027%	$337K	$892K	17x	as long as short
Binance MSFTUSDTlong	0.0000%	8h	501.64	long leg	$15.7M	$18.9M	20x
Bybit MSFTUSDT	0.0000%	8h	501.65	+0.002%	$7.4M	$1.6M	100x	as long as short
OKX MSFT-USDT-SWAP	0.0000%	8h	501.90	+0.052%	$3.0M	$2.3M	20x	as long as short
Gate MSFT_USDT	0.0000%	8h	501.49	−0.030%	$3.1M	$1.7M	100x	as long as short
Bitget MSFTUSDT	0.0000%	8h	501.75	+0.022%	$4.5M	$2.5M	100x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni MSFT	0.0000%	8h	501.82	+0.035%	$1.3M	$650K	—	as long as short
GRVT MSFT_USDT_Perp	0.0000%	8h	501.87	+0.046%	$18K	$297K	10x	as long as short
SunX MSFT-USDT	0.0000%	8h	502.41	+0.153%	$6K	$4.1M	20x	as long as short
Deribit MSFT_USDC-PERPETUAL	0.0000%	1h	501.35	−0.058%	$27K	$41K	10x	as long as short
HTX MSFT-USDT	0.0000%	8h	501.45	−0.038%	$59K	$225K	20x	as long as short
Phemex MSFTUSDT	0.0000%	8h	501.64	0.000%	$2.2M	$767K	10x	as long as short
QFEX MSFT-USD	+0.0030%	1h	501.45	−0.038%	$1.1M	$5.6M	10x	as long as short
Lighter RH MSFT	+0.0032%	1h	501.41	−0.046%	$685K	$2.0M	20x	as long as short
Arcus MSFT-USD	+0.0040%	1h	501.56	−0.016%	$97K	$110K	10x	as long as short
Vest MSFT-USD-PERP	+0.0046%	1h	501.54	−0.020%	—	$1K	25x	as long as short
Hotstuff MSFT-PERP	+0.0048%	1h	501.23	−0.082%	$32K	$8K	20x	as long as short
tradeXYZ xyz:MSFT	+0.0050%	1h	501.21	−0.086%	$22.1M	$9.1M	20x	as long as short
Polymarket Perps MSFT-USD	+0.0050%	1h	501.28	−0.072%	$302K	$648K	10x	as long as short
SoDEX MSFT-USD	+0.0050%	1h	501.52	−0.024%	$60K	$3K	10x	as long as short
Ondo Perps MSFT-USD.P	+0.0050%	1h	501.39	−0.050%	$525K	$487K	15x	as long as short
Paradex MSFT-USD-PERPshort	+0.0061%	8h	501.52	−0.024%	$221	—	5x
Phoenix MSFT	+0.0064%	1h	501.44	−0.040%	$10K	$15K	20x	as long as short
KuCoin MSFTUSDTM	+0.0100%	8h	501.45	−0.038%	$1.5M	$19K	20x	as long as short
ApeX Omni MSFTUSDT	+0.0100%	1h	501.49	−0.030%	$160K	$7K	50x	as long as short
Orderly PERP_MSFT_USDC_mythos	+0.0100%	8h	501.56	−0.016%	$8K	—	10x	as long as short
Aevo MSFT-PERP	+0.0104%	1h	501.51	−0.025%	$55	—	10x	as long as short
Lighter MSFT	+0.0184%	1h	501.78	+0.028%	$1.1M	$459K	20x	as long as short
Injective MSFT/USDC PERP	+0.0220%	1h	503.24	+0.319%	$115K	$45K	30x	as long as short
edgeX MSFTUSDC	+0.0990%	4h	501.81	+0.035%	$102K	$244K	10x	as long as short