Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against Gate0.000%7-day average +0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$430.430% of the position
Funding, last 7 days−0.027%−$3 on $10k
+Price spread, last 4 days (all we have)+0.016%+$2 · spread now 0.000%, 7d avg +0.024%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.024% cheaper against Gate than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.024%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MSFT_USDT | 501.36 | 0 | get 0.0000% / 8h | 5h 25m | $3.1M | $1.7M | 100x |
| Short | HTX MSFT-USDT | 501.36 | 0 | get 0.0000% / 8h | 5h 25m | $59K | $225K | 20x |
Gate MSFT_USDT
HTX MSFT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Gate. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: 0.000% → +0.024%
- −$2.39
- Slippage, 4 orders
- −$16.03
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$45.42
- Costs to cover
- 0.430%
- Break-even
- never at this rate
Slippage from Gate: live order book, 2 min ago; HTX: live order book, 36 min ago.
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 Gate live order book, 2 min ago | 3.99 bp | 12.7 bp −$13 | 34.6 bp −$346 | doesn't fit | doesn't fit |
| Sell HTX live order book, 36 min ago | 2.69 bp | 8.7 bp −$9 | 14.3 bp −$143 | doesn't fit | doesn't fit |
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 | −0.024% | $679K | $456K | 10x | as long as short |
| Nado MSFT-PERP | −0.0031% | 1h | 501.37 | +0.002% | $414K | $64K | 20x | as long as short |
| BloFin MSFT-USDT | −0.0021% | 8h | 501.70 | +0.068% | $189K | $204K | 20x | as long as short |
| Aster MSFTUSDT | 0.0000% | 8h | 501.68 | +0.064% | $161K | $116K | 20x | as long as short |
| Extended MSFT_24_5-USD | 0.0000% | 1h | 501.42 | +0.011% | $337K | $892K | 17x | as long as short |
| Binance MSFTUSDT | 0.0000% | 8h | 501.55 | +0.038% | $15.7M | $18.9M | 20x | as long as short |
| Bybit MSFTUSDT | 0.0000% | 8h | 501.41 | +0.010% | $7.4M | $1.7M | 100x | as long as short |
| OKX MSFT-USDT-SWAP | 0.0000% | 8h | 501.78 | +0.084% | $3.0M | $2.3M | 20x | as long as short |
| Gate MSFT_USDTlong | 0.0000% | 8h | 501.36 | long leg | $3.1M | $1.7M | 100x | |
| Bitget MSFTUSDT | 0.0000% | 8h | 501.60 | +0.048% | $4.5M | $2.5M | 100x | as long as short |
Coinbase International MSFT-PERP-INTX
Nado MSFT-PERP
BloFin MSFT-USDT
Aster MSFTUSDT
Extended MSFT_24_5-USD
Binance MSFTUSDT
Bybit MSFTUSDT
OKX MSFT-USDT-SWAP
Bitget MSFTUSDTShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni MSFT | 0.0000% | 8h | 501.44 | +0.016% | $1.3M | $650K | — | as long as short |
| GRVT MSFT_USDT_Perp | 0.0000% | 8h | 501.69 | +0.066% | $19K | $296K | 10x | as long as short |
| SunX MSFT-USDT | 0.0000% | 8h | 502.36 | +0.199% | $6K | $4.1M | 20x | as long as short |
| Deribit MSFT_USDC-PERPETUAL | 0.0000% | 1h | 501.26 | −0.020% | $27K | $41K | 10x | as long as short |
| HTX MSFT-USDTshort | 0.0000% | 8h | 501.36 | 0.000% | $59K | $225K | 20x | |
| Phemex MSFTUSDT | 0.0000% | 8h | 501.46 | +0.020% | $2.2M | $767K | 10x | as long as short |
| QFEX MSFT-USD | +0.0030% | 1h | 501.40 | +0.008% | $1.1M | $5.6M | 10x | as long as short |
| Lighter RH MSFT | +0.0032% | 1h | 501.33 | −0.006% | $685K | $2.0M | 20x | as long as short |
| Arcus MSFT-USD | +0.0040% | 1h | 501.45 | +0.018% | $97K | $110K | 10x | as long as short |
| Vest MSFT-USD-PERP | +0.0046% | 1h | 501.52 | +0.032% | — | $1K | 25x | as long as short |
| Hotstuff MSFT-PERP | +0.0048% | 1h | 501.21 | −0.030% | $32K | $8K | 20x | as long as short |
| tradeXYZ xyz:MSFT | +0.0050% | 1h | 501.17 | −0.038% | $22.1M | $9.1M | 20x | as long as short |
| Polymarket Perps MSFT-USD | +0.0050% | 1h | 501.20 | −0.032% | $302K | $648K | 10x | as long as short |
| SoDEX MSFT-USD | +0.0050% | 1h | 501.40 | +0.008% | $60K | $3K | 10x | as long as short |
| Ondo Perps MSFT-USD.P | +0.0050% | 1h | 501.39 | +0.006% | $524K | $487K | 15x | as long as short |
| Paradex MSFT-USD-PERP | +0.0061% | 8h | 501.51 | +0.029% | $221 | — | 5x | as long as short |
| Phoenix MSFT | +0.0064% | 1h | 501.44 | +0.016% | $10K | $15K | 20x | as long as short |
| KuCoin MSFTUSDTM | +0.0100% | 8h | 501.43 | +0.014% | $1.5M | $19K | 20x | as long as short |
| ApeX Omni MSFTUSDT | +0.0100% | 1h | 501.49 | +0.026% | $160K | $7K | 50x | as long as short |
| Orderly PERP_MSFT_USDC_mythos | +0.0100% | 8h | 501.44 | +0.016% | $8K | — | 10x | as long as short |
| Aevo MSFT-PERP | +0.0104% | 1h | 501.45 | +0.018% | $55 | — | 10x | as long as short |
| Lighter MSFT | +0.0184% | 1h | 501.66 | +0.060% | $1.1M | $459K | 20x | as long as short |
| Injective MSFT/USDC PERP | +0.0220% | 1h | 503.24 | +0.375% | $115K | $45K | 30x | as long as short |
| edgeX MSFTUSDC | +0.0660% | 4h | 501.74 | +0.076% | $102K | $244K | 10x | as long as short |
Variational Omni MSFT
GRVT MSFT_USDT_Perp
SunX MSFT-USDT
Deribit MSFT_USDC-PERPETUAL
Phemex MSFTUSDT
QFEX MSFT-USD
Lighter RH MSFT
Arcus MSFT-USD
Vest MSFT-USD-PERP
Hotstuff MSFT-PERP
tradeXYZ xyz:MSFT
Polymarket Perps MSFT-USD
SoDEX MSFT-USD
Ondo Perps MSFT-USD.P
Paradex MSFT-USD-PERP
Phoenix MSFT
KuCoin MSFTUSDTM
ApeX Omni MSFTUSDT
Orderly PERP_MSFT_USDC_mythos
Aevo MSFT-PERP
Lighter MSFT
Injective MSFT/USDC PERP
edgeX MSFTUSDC