After costs, if the gap returns to its 7d average, $10k−$37
spread now−0.060%7d average−0.027%fees + slippage, in and out−$33spread needed0.334%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin MSFT-USDT | 497.58 | 0.0000 | pay 0.0000% / 8h | 6h 25m | $192K | $178K | 20x |
| Short | HTX MSFT-USDT | 497.28 | 0 | get 0.0000% / 8h | 6h 25m | $58K | $231K | 20x |
BloFin MSFT-USDT
HTX MSFT-USDTPrice 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
- −$6.03
- Funding while held
- $0
- Slippage, 4 orders
- −$9.37
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$39.4
- Spread needed to break even
- 0.334%
Slippage from BloFin: live order book, 6 min ago; HTX: live order book, 13 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 BloFin live order book, 6 min ago | 0.30 bp | 8.3 bp −$8 | 11.3 bp −$113 | 25.4 bp −$2,545 | doesn't fit |
| Sell HTX live order book, 13 min ago | 2.31 bp | 8.9 bp −$9 | 11.2 bp −$112 | doesn't fit | doesn't fit |
MSFT price on every exchange
against the cheapest. Click to use as the short leg.Polymarket Perps496.98cheapesttradeXYZ497.00+0.004%Nado497.06+0.017%KuCoin497.09+0.022%Coinbase International497.09+0.022%Ondo Perps497.11+0.026%Aster497.11+0.026%Gate497.14+0.032%Vest497.16+0.036%Hotstuff497.17+0.038%ApeX Omni497.23+0.050%Lighter RH497.27+0.058%
Polymarket Perps
tradeXYZ
Nado
KuCoin
Coinbase International
Ondo Perps
Aster
Gate
Vest
Hotstuff
ApeX Omni
Lighter RHHTX497.28+0.060%
Paradex497.30+0.065%Bybit497.32+0.068%Binance497.33+0.071%Bitget497.34+0.072%Deribit497.34+0.072%QFEX497.36+0.076%Extended497.36+0.077%SoDEX497.37+0.078%Arcus497.38+0.080%Phoenix497.39+0.082%Orderly497.48+0.101%Aevo497.50+0.105%OKX497.51+0.107%Lighter497.52+0.109%
Paradex
Bybit
Binance
Bitget
Deribit
QFEX
Extended
SoDEX
Arcus
Phoenix
Orderly
Aevo
OKX
LighterBloFin497.58+0.121%
Variational Omni497.64+0.133%edgeX497.66+0.137%Injective497.96+0.197%Phemex498.05+0.215%SunX498.21+0.247%
Variational Omni
Injective
Phemex
SunXMSFT on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Polymarket Perps MSFT-USD | −0.121% | +0.0050% | 1h | $301K | $444K | 10x | as long as short |
| tradeXYZ xyz:MSFT | −0.117% | +0.0050% | 1h | $21.9M | $8.5M | 20x | as long as short |
| Nado MSFT-PERP | −0.104% | +0.0004% | 1h | $462K | $5K | 20x | as long as short |
| KuCoin MSFTUSDTM | −0.098% | +0.0100% | 8h | $1.5M | $10K | 20x | as long as short |
| Coinbase International MSFT-PERP-INTX | −0.098% | −0.0056% | 1h | $675K | $353K | 10x | as long as short |
| Ondo Perps MSFT-USD.P | −0.094% | +0.0050% | 1h | $509K | $450K | 15x | as long as short |
| Aster MSFTUSDT | −0.094% | 0.0000% | 8h | $156K | $80K | 20x | as long as short |
| Gate MSFT_USDT | −0.088% | 0.0000% | 8h | $3.1M | $1.3M | 100x | as long as short |
| Vest MSFT-USD-PERP | −0.084% | +0.0046% | 1h | — | — | 25x | as long as short |
| Hotstuff MSFT-PERP | −0.082% | +0.0032% | 1h | $40K | — | 20x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni MSFTUSDT | −0.070% | +0.0100% | 1h | $158K | $7K | 50x | as long as short |
| Lighter RH MSFT | −0.062% | +0.0032% | 1h | $669K | $2.1M | 20x | as long as short |
| HTX MSFT-USDTshort | −0.060% | 0.0000% | 8h | $58K | $231K | 20x | |
| Paradex MSFT-USD-PERP | −0.055% | +0.0050% | 8h | $219 | — | 5x | as long as short |
| Bybit MSFTUSDT | −0.052% | 0.0000% | 8h | $7.3M | $1.5M | 100x | as long as short |
| Binance MSFTUSDT | −0.050% | 0.0000% | 8h | $15.7M | $16.2M | 20x | as long as short |
| Bitget MSFTUSDT | −0.048% | 0.0000% | 8h | $3.7M | $1.7M | 100x | as long as short |
| Deribit MSFT_USDC-PERPETUAL | −0.048% | +0.0132% | 1h | $27K | $113K | 10x | as long as short |
| QFEX MSFT-USD | −0.044% | +0.0028% | 1h | $1.2M | $4.4M | 10x | as long as short |
| Extended MSFT_24_5-USD | −0.044% | 0.0000% | 1h | $372K | $410K | 17x | as long as short |
| SoDEX MSFT-USD | −0.042% | +0.0050% | 1h | $60K | $3K | 10x | as long as short |
| Arcus MSFT-USD | −0.040% | +0.0577% | 1h | $111K | $75K | 10x | as long as short |
| Phoenix MSFT | −0.038% | +0.0048% | 1h | $10K | $15K | 20x | as long as short |
| Orderly PERP_MSFT_USDC_mythos | −0.020% | +0.0100% | 8h | $8K | — | 10x | as long as short |
| Aevo MSFT-PERP | −0.016% | +0.0104% | 1h | $55 | — | 10x | as long as short |
| OKX MSFT-USDT-SWAP | −0.014% | 0.0000% | 8h | $3.0M | $2.1M | 20x | as long as short |
| Lighter MSFT | −0.012% | +0.0040% | 1h | $1.1M | $543K | 20x | as long as short |
| BloFin MSFT-USDTlong | 0.000% | 0.0000% | 8h | $192K | $178K | 20x | |
| Variational Omni MSFT | +0.013% | 0.0000% | 8h | $1.3M | $719K | — | as long as short |
| edgeX MSFTUSDC | +0.016% | +0.0378% | 4h | $101K | $243K | 10x | as long as short |
| Injective MSFT/USDC PERP | +0.076% | +0.0220% | 1h | $114K | $125K | 30x | as long as short |
| Phemex MSFTUSDT | +0.094% | 0.0000% | 8h | $2.1M | $612K | 10x | as long as short |
| SunX MSFT-USDT | +0.127% | 0.0000% | 8h | $6K | $4.4M | 20x | as long as short |