MSFT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0082%/8h= +9.0% APRnext payment +$0.10 per $10,000 · paid last 24h +0.021%

Price spread now: SoDEX against Coinbase International+0.095%7-day average — · you sell dearer than you buy

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

Long on Coinbase International Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and SoDEX is 0.095% dearer against Coinbase International than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International MSFT-PERP-INTX	503.14	−0.0032	get 0.0004% / 1h	6m 46s	$681K	$452K	10x
Short	SoDEX MSFT-USD	503.62	0.0050	get 0.0006% / 1h	6m 46s	$60K	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Coinbase International. 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 Coinbase InternationalbpFee SoDEXbpOrdersPrice spread, now +0.095%Rate

Funding earned: $17.22
Price spread: +0.095% → 0.000%: $9.54
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee SoDEX: 4 bp × 2 orders: −$8
Net: $8.76
Costs to cover: 0.180%
Break-even: 3.4 days

Slippage unknown: Coinbase International: live order book, 47 min ago; SoDEX: 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 Coinbase International live order book, 47 min ago	1.70 bp	7.4 bp −$7	11.1 bp −$111	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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
Hotstuff MSFT-PERP	−0.0112%	1h	503.30	+0.032%	$32K	$8K	20x	as long as short
Nado MSFT-PERP	−0.0102%	1h	503.53	+0.078%	$414K	$65K	20x	as long as short
Coinbase International MSFT-PERP-INTXlong	−0.0032%	1h	503.14	long leg	$681K	$452K	10x
BloFin MSFT-USDT	−0.0023%	8h	503.83	+0.137%	$189K	$205K	20x	as long as short
Aster MSFTUSDT	0.0000%	8h	503.59	+0.089%	$162K	$116K	20x	as long as short
Extended MSFT_24_5-USD	0.0000%	1h	503.72	+0.116%	$339K	$885K	17x	as long as short
Binance MSFTUSDT	0.0000%	8h	503.81	+0.133%	$15.8M	$19.1M	20x	as long as short
Bybit MSFTUSDT	0.0000%	8h	503.48	+0.068%	$7.2M	$2.2M	100x	as long as short
OKX MSFT-USDT-SWAP	0.0000%	8h	503.83	+0.137%	$3.0M	$2.3M	20x	as long as short
Gate MSFT_USDT	0.0000%	8h	503.58	+0.087%	$3.1M	$1.8M	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	503.80	+0.131%	$4.5M	$2.6M	100x	as long as short
Variational Omni MSFT	0.0000%	8h	502.85	−0.058%	$1.3M	$490K	—	as long as short
GRVT MSFT_USDT_Perp	0.0000%	8h	503.55	+0.081%	$18K	$300K	10x	as long as short
SunX MSFT-USDT	0.0000%	8h	504.51	+0.272%	$6K	$4.0M	20x	as long as short
Deribit MSFT_USDC-PERPETUAL	0.0000%	1h	503.58	+0.087%	$27K	$42K	10x	as long as short
HTX MSFT-USDT	0.0000%	8h	503.63	+0.097%	$59K	$225K	20x	as long as short
Phemex MSFTUSDT	0.0000%	8h	503.83	+0.137%	$2.2M	$781K	10x	as long as short
tradeXYZ xyz:MSFT	+0.0012%	1h	503.39	+0.050%	$22.3M	$8.8M	20x	as long as short
Lighter MSFT	+0.0032%	1h	503.75	+0.121%	$1.1M	$514K	20x	as long as short
Lighter RH MSFT	+0.0032%	1h	503.52	+0.076%	$680K	$2.0M	20x	as long as short
QFEX MSFT-USD	+0.0035%	1h	503.64	+0.099%	$1.1M	$4.8M	10x	as long as short
Arcus MSFT-USD	+0.0040%	1h	503.29	+0.030%	$97K	$110K	10x	as long as short
Vest MSFT-USD-PERP	+0.0046%	1h	503.58	+0.087%	—	$1K	25x	as long as short
Phoenix MSFT	+0.0048%	1h	503.14	0.000%	$11K	$15K	20x	as long as short
Polymarket Perps MSFT-USD	+0.0050%	1h	503.27	+0.026%	$304K	$712K	10x	as long as short
SoDEX MSFT-USDshort	+0.0050%	1h	503.62	+0.095%	$60K	$3K	10x
Ondo Perps MSFT-USD.P	+0.0050%	1h	503.25	+0.022%	$512K	$459K	15x	as long as short
Paradex MSFT-USD-PERP	+0.0051%	8h	503.65	+0.101%	$222	—	5x	as long as short
KuCoin MSFTUSDTM	+0.0100%	8h	503.20	+0.012%	$1.6M	$56K	20x	as long as short
ApeX Omni MSFTUSDT	+0.0100%	1h	503.14	0.000%	$160K	$7K	50x	as long as short
Orderly PERP_MSFT_USDC_mythos	+0.0100%	8h	503.64	+0.099%	$8K	—	10x	as long as short
Aevo MSFT-PERP	+0.0104%	1h	503.66	+0.103%	$55	—	10x	as long as short
edgeX MSFTUSDC	+0.0208%	4h	503.56	+0.084%	$102K	$243K	10x	as long as short
Injective MSFT/USDC PERP	+0.0220%	1h	503.08	−0.012%	$115K	$45K	30x	as long as short