MSFT

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0104%/8h= +11.4% APRnext payment +$0.13 per $10,000 · paid last 24h +0.024%

Price spread now: Aevo against Deribit+0.037%7-day average — · you sell dearer than you buy

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

Long on Deribit Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 5 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 +$3 a day on $10k at the current rate, and Aevo is 0.037% dearer against Deribit than usual: you sell high and buy low: +$4 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	Deribit MSFT_USDC-PERPETUAL	502.81	0	get 0.0000% / 1h	19m 33s	$27K	$42K	10x
Short	Aevo MSFT-PERP	503.00	0.0104	get 0.0013% / 1h	19m 33s	$55	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Deribit. 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 DeribitbpFee AevobpOrdersPrice spread, now +0.037%Rate

Funding earned: $21.84
Price spread: +0.037% → 0.000%: $3.68
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Aevo: 8 bp × 2 orders: −$16
Net: $2.52
Costs to cover: 0.230%
Break-even: 6.2 days

Slippage unknown: Deribit: no order-book sample; Aevo: 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 Deribit no order-book sample	—	—	—	—	—
Sell Aevo no order-book sample	—	—	—	—	—

Deribit and Aevo: 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
edgeX MSFTUSDC	−0.0148%	4h	503.01	+0.039%	$102K	$243K	10x	as long as short
Nado MSFT-PERP	−0.0103%	1h	502.90	+0.018%	$415K	$64K	20x	as long as short
Coinbase International MSFT-PERP-INTX	−0.0032%	1h	502.46	−0.070%	$680K	$448K	10x	as long as short
BloFin MSFT-USDT	−0.0023%	8h	503.09	+0.056%	$189K	$205K	20x	as long as short
tradeXYZ xyz:MSFT	−0.0009%	1h	502.66	−0.030%	$22.2M	$8.8M	20x	as long as short
Aster MSFTUSDT	0.0000%	8h	502.92	+0.021%	$161K	$116K	20x	as long as short
Extended MSFT_24_5-USD	0.0000%	1h	502.91	+0.020%	$339K	$884K	17x	as long as short
Binance MSFTUSDT	0.0000%	8h	503.05	+0.048%	$15.8M	$19.2M	20x	as long as short
Bybit MSFTUSDT	0.0000%	8h	502.83	+0.004%	$7.2M	$2.2M	100x	as long as short
OKX MSFT-USDT-SWAP	0.0000%	8h	503.13	+0.064%	$3.0M	$2.3M	20x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate MSFT_USDT	0.0000%	8h	502.88	+0.014%	$3.1M	$1.8M	100x	as long as short
Bitget MSFTUSDT	0.0000%	8h	503.01	+0.040%	$4.4M	$2.6M	100x	as long as short
Variational Omni MSFT	0.0000%	8h	503.01	+0.039%	$1.3M	$606K	—	as long as short
GRVT MSFT_USDT_Perp	0.0000%	8h	503.14	+0.066%	$19K	$301K	10x	as long as short
SunX MSFT-USDT	0.0000%	8h	503.86	+0.209%	$6K	$4.0M	20x	as long as short
Deribit MSFT_USDC-PERPETUALlong	0.0000%	1h	502.81	long leg	$27K	$42K	10x
HTX MSFT-USDT	0.0000%	8h	502.93	+0.024%	$59K	$225K	20x	as long as short
Phemex MSFTUSDT	0.0000%	8h	503.32	+0.101%	$2.2M	$786K	10x	as long as short
Lighter MSFT	+0.0032%	1h	503.10	+0.058%	$1.1M	$504K	20x	as long as short
Lighter RH MSFT	+0.0032%	1h	502.82	+0.002%	$679K	$2.0M	20x	as long as short
QFEX MSFT-USD	+0.0035%	1h	502.90	+0.018%	$1.2M	$4.9M	10x	as long as short
Arcus MSFT-USD	+0.0040%	1h	502.71	−0.020%	$96K	$110K	10x	as long as short
Vest MSFT-USD-PERP	+0.0046%	1h	503.16	+0.070%	—	$1K	25x	as long as short
Phoenix MSFT	+0.0048%	1h	502.52	−0.058%	$11K	$15K	20x	as long as short
Polymarket Perps MSFT-USD	+0.0050%	1h	502.68	−0.026%	$303K	$705K	10x	as long as short
SoDEX MSFT-USD	+0.0050%	1h	502.91	+0.020%	$60K	$3K	10x	as long as short
Paradex MSFT-USD-PERP	+0.0050%	8h	502.94	+0.026%	$221	—	5x	as long as short
Ondo Perps MSFT-USD.P	+0.0050%	1h	502.68	−0.026%	$512K	$462K	15x	as long as short
Hotstuff MSFT-PERP	+0.0064%	1h	502.69	−0.024%	$32K	$8K	20x	as long as short
KuCoin MSFTUSDTM	+0.0100%	8h	502.57	−0.048%	$1.6M	$55K	20x	as long as short
ApeX Omni MSFTUSDT	+0.0100%	1h	502.92	+0.022%	$160K	$7K	50x	as long as short
Orderly PERP_MSFT_USDC_mythos	+0.0100%	8h	502.99	+0.036%	$8K	—	10x	as long as short
Aevo MSFT-PERPshort	+0.0104%	1h	503.00	+0.037%	$55	—	10x
Injective MSFT/USDC PERP	+0.0220%	1h	502.14	−0.133%	$115K	$45K	30x	as long as short