MSFT

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0174%/8h= −19.1% APRnext payment −$0.22 per $10,000 · paid last 24h −0.052%

Price spread now: Vest against Injective−0.338%50s7-day average — · you buy dearer than you sell

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

Long on Injective Short on Vest

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—+ Points / potential airdropVest: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Vest is 0.338% cheaper against Injective than usual: you would sell low and buy high (−$34 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective MSFT/USDC PERP	503.24	0.0220	pay 0.0028% / 1h	28m 14s	$115K	$45K	30x
Short	Vest MSFT-USD-PERP	501.54	0.0046	get 0.0006% / 1h	28m 14s	—	$1K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against Injective. 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 InjectivebpFee VestbpOrdersPrice spread, now −0.338%Rate

Funding earned: −$36.61
Price spread: −0.338% → 0.000%: −$33.78
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Vest: 1 bp × 2 orders: −$2
Net: −$72.41
Costs to cover: 0.020%
Break-even: never at this rate

Slippage unknown: Injective: live order book, 35 min ago; Vest: 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 Injective live order book, 35 min ago	9.97 bp	10.0 bp −$10	10.0 bp −$100	65077.8 bp −$6.51M	365388.2 bp −$182.69M
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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
Coinbase International MSFT-PERP-INTX	−0.0064%	1h	501.24	−0.397%	$679K	$456K	10x	as long as short
Nado MSFT-PERP	−0.0029%	1h	501.36	−0.374%	$414K	$64K	20x	as long as short
BloFin MSFT-USDT	−0.0021%	8h	501.76	−0.294%	$189K	$204K	20x	as long as short
Aster MSFTUSDT	0.0000%	8h	501.63	−0.319%	$161K	$116K	20x	as long as short
Extended MSFT_24_5-USD	0.0000%	1h	501.50	−0.346%	$337K	$892K	17x	as long as short
Binance MSFTUSDT	0.0000%	8h	501.64	−0.318%	$15.7M	$18.9M	20x	as long as short
Bybit MSFTUSDT	0.0000%	8h	501.66	−0.314%	$7.4M	$1.6M	100x	as long as short
OKX MSFT-USDT-SWAP	0.0000%	8h	501.90	−0.266%	$3.0M	$2.3M	20x	as long as short
Gate MSFT_USDT	0.0000%	8h	501.49	−0.348%	$3.1M	$1.7M	100x	as long as short
Bitget MSFTUSDT	0.0000%	8h	501.75	−0.296%	$4.5M	$2.5M	100x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni MSFT	0.0000%	8h	501.82	−0.283%	$1.3M	$650K	—	as long as short
GRVT MSFT_USDT_Perp	0.0000%	8h	501.87	−0.272%	$18K	$297K	10x	as long as short
SunX MSFT-USDT	0.0000%	8h	502.41	−0.165%	$6K	$4.1M	20x	as long as short
Deribit MSFT_USDC-PERPETUAL	0.0000%	1h	501.35	−0.376%	$27K	$41K	10x	as long as short
HTX MSFT-USDT	0.0000%	8h	501.45	−0.356%	$59K	$225K	20x	as long as short
Phemex MSFTUSDT	0.0000%	8h	501.64	−0.318%	$2.2M	$767K	10x	as long as short
QFEX MSFT-USD	+0.0030%	1h	501.45	−0.356%	$1.1M	$5.6M	10x	as long as short
Lighter RH MSFT	+0.0032%	1h	501.41	−0.364%	$685K	$2.0M	20x	as long as short
Arcus MSFT-USD	+0.0040%	1h	501.56	−0.334%	$97K	$110K	10x	as long as short
Vest MSFT-USD-PERPshort	+0.0046%	1h	501.54	−0.338%	—	$1K	25x
Hotstuff MSFT-PERP	+0.0048%	1h	501.23	−0.399%	$32K	$8K	20x	as long as short
tradeXYZ xyz:MSFT	+0.0050%	1h	501.22	−0.401%	$22.1M	$9.1M	20x	as long as short
Polymarket Perps MSFT-USD	+0.0050%	1h	501.28	−0.389%	$302K	$648K	10x	as long as short
SoDEX MSFT-USD	+0.0050%	1h	501.52	−0.342%	$60K	$3K	10x	as long as short
Ondo Perps MSFT-USD.P	+0.0050%	1h	501.39	−0.368%	$525K	$487K	15x	as long as short
Paradex MSFT-USD-PERP	+0.0061%	8h	501.52	−0.341%	$221	—	5x	as long as short
Phoenix MSFT	+0.0064%	1h	501.44	−0.358%	$10K	$15K	20x	as long as short
KuCoin MSFTUSDTM	+0.0100%	8h	501.44	−0.358%	$1.5M	$19K	20x	as long as short
ApeX Omni MSFTUSDT	+0.0100%	1h	501.49	−0.348%	$160K	$7K	50x	as long as short
Orderly PERP_MSFT_USDC_mythos	+0.0100%	8h	501.56	−0.334%	$8K	—	10x	as long as short
Aevo MSFT-PERP	+0.0104%	1h	501.51	−0.343%	$55	—	10x	as long as short
Lighter MSFT	+0.0184%	1h	501.77	−0.292%	$1.1M	$459K	20x	as long as short
Injective MSFT/USDC PERPlong	+0.0220%	1h	503.24	long leg	$115K	$45K	30x
edgeX MSFTUSDC	+0.0990%	4h	501.81	−0.283%	$102K	$244K	10x	as long as short