After costs, if the gap returns to its 7d average, $10k−$29
spread now+0.044%7d average+0.010%fees + slippage, in and out−$32spread needed0.323%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget MSFTUSDT | 493.83 | 0 | get 0.0000% / 8h | 58m 09s | $3.7M | $1.6M | 100x |
| Short | Aster MSFTUSDT | 494.05 | 0 | get 0.0000% / 8h | 58m 09s | $152K | $76K | 20x |
Bitget MSFTUSDT
Aster MSFTUSDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $4.44
- Funding while held
- $0
- Slippage, 4 orders
- −$12.33
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$27.89
- Spread needed to break even
- 0.323%
Slippage from Bitget: live order book, 1 min ago; Aster: live order book, 55 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 1 min ago | 1.01 bp | 9.9 bp −$10 | 13.1 bp −$131 | 47.0 bp −$4,701 | doesn't fit |
| Sell Aster live order book, 55 min ago | 0.81 bp | 5.6 bp −$6 | 46.2 bp −$462 | doesn't fit | doesn't fit |
MSFT price on every exchange
against the cheapest. Click to use as the short leg.tradeXYZ493.36cheapestPolymarket Perps493.49+0.026%Hotstuff493.53+0.034%Ondo Perps493.60+0.049%KuCoin493.62+0.053%Vest493.63+0.055%OKX493.68+0.065%Deribit493.68+0.065%Gate493.69+0.067%Nado493.69+0.068%Phoenix493.75+0.079%Lighter RH493.76+0.081%SoDEX493.76+0.081%HTX493.80+0.089%Lighter493.82+0.093%Orderly493.82+0.093%Paradex493.82+0.093%Extended493.82+0.094%
tradeXYZ
Polymarket Perps
Hotstuff
Ondo Perps
KuCoin
Vest
OKX
Deribit
Gate
Nado
Phoenix
Lighter RH
SoDEX
HTX
Lighter
Orderly
Paradex
ExtendedBitget493.83+0.095%
Arcus493.84+0.097%Bybit493.88+0.105%Coinbase International493.89+0.107%QFEX493.94+0.118%Aevo493.95+0.119%Binance493.95+0.120%ApeX Omni493.97+0.124%
Arcus
Bybit
Coinbase International
QFEX
Aevo
Binance
ApeX OmniAster494.05+0.140%
Phemex494.22+0.174%BloFin494.27+0.184%Injective494.41+0.213%edgeX494.42+0.215%Variational Omni494.52+0.236%SunX494.73+0.278%
Phemex
BloFin
Injective
Variational Omni
SunXMSFT on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:MSFT | −0.095% | +0.0050% | 1h | $23.1M | $6.1M | 20x | as long as short |
| Polymarket Perps MSFT-USD | −0.069% | +0.0050% | 1h | $288K | $468K | 10x | as long as short |
| Hotstuff MSFT-PERP | −0.061% | +0.0048% | 1h | $40K | — | 20x | as long as short |
| Ondo Perps MSFT-USD.P | −0.047% | +0.0050% | 1h | $537K | $375K | 15x | as long as short |
| KuCoin MSFTUSDTM | −0.043% | +0.0100% | 8h | $1.5M | $6K | 20x | as long as short |
| Vest MSFT-USD-PERP | −0.040% | +0.0046% | 1h | — | — | 25x | as long as short |
| OKX MSFT-USDT-SWAP | −0.030% | 0.0000% | 8h | $3.0M | $1.3M | 20x | as long as short |
| Deribit MSFT_USDC-PERPETUAL | −0.030% | 0.0000% | 1h | $27K | $102K | 10x | as long as short |
| Gate MSFT_USDT | −0.028% | 0.0000% | 8h | $3.0M | $1.0M | 100x | as long as short |
| Nado MSFT-PERP | −0.027% | −0.0013% | 1h | $459K | $4K | 20x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phoenix MSFT | −0.016% | +0.0016% | 1h | $10K | $15K | 20x | as long as short |
| Lighter RH MSFT | −0.014% | +0.0032% | 1h | $678K | $2.0M | 20x | as long as short |
| SoDEX MSFT-USD | −0.014% | +0.0050% | 1h | $59K | $3K | 10x | as long as short |
| HTX MSFT-USDT | −0.006% | 0.0000% | 8h | $58K | $231K | 20x | as long as short |
| Lighter MSFT | −0.002% | +0.0048% | 1h | $1.1M | $527K | 20x | as long as short |
| Orderly PERP_MSFT_USDC_mythos | −0.002% | +0.0100% | 8h | $8K | — | 10x | as long as short |
| Paradex MSFT-USD-PERP | −0.002% | +0.0053% | 8h | $217 | — | 5x | as long as short |
| Extended MSFT_24_5-USD | −0.002% | 0.0000% | 1h | $329K | $380K | 17x | as long as short |
| Bitget MSFTUSDTlong | 0.000% | 0.0000% | 8h | $3.7M | $1.6M | 100x | |
| Arcus MSFT-USD | +0.002% | +0.0325% | 1h | $112K | $49K | 10x | as long as short |
| Bybit MSFTUSDT | +0.010% | 0.0000% | 8h | $7.2M | $969K | 100x | as long as short |
| Coinbase International MSFT-PERP-INTX | +0.012% | −0.0008% | 1h | $663K | $333K | 10x | as long as short |
| QFEX MSFT-USD | +0.022% | +0.0038% | 1h | $1.2M | $3.3M | 10x | as long as short |
| Aevo MSFT-PERP | +0.024% | +0.0104% | 1h | $54 | — | 10x | as long as short |
| Binance MSFTUSDT | +0.024% | 0.0000% | 8h | $15.8M | $12.7M | 20x | as long as short |
| ApeX Omni MSFTUSDT | +0.028% | +0.0100% | 1h | $157K | $7K | 50x | as long as short |
| Aster MSFTUSDTshort | +0.044% | 0.0000% | 8h | $152K | $76K | 20x | |
| Phemex MSFTUSDT | +0.079% | 0.0000% | 8h | $2.1M | $462K | 10x | as long as short |
| BloFin MSFT-USDT | +0.089% | −0.0017% | 8h | $193K | $136K | 20x | as long as short |
| Injective MSFT/USDC PERP | +0.117% | +0.0220% | 1h | $113K | $154K | 30x | as long as short |
| edgeX MSFTUSDC | +0.120% | +0.0965% | 4h | $101K | $245K | 10x | as long as short |
| Variational Omni MSFT | +0.140% | 0.0000% | 8h | $1.2M | $696K | — | as long as short |
| SunX MSFT-USDT | +0.182% | 0.0000% | 8h | $6K | $3.8M | 20x | as long as short |