Funding you earn now, next payment 11:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: ApeX Omni against KuCoin+0.064%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$740.743% of the position
Funding, last 7 days+0.023%+$2 on $10k
+Price spread, last 4 days (all we have)−0.072%−$7 · spread now +0.064%, 7d avg +0.002%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.061% dearer against KuCoin than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.002%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin MSFTUSDTM | 502.84 | 0.0100 | pay 0.0100% / 8h | 5h 43m | $1.6M | $230K | 20x |
| Short | ApeX Omni MSFTUSDT | 503.16 | 0.0100 | get 0.0013% / 1h | 43m 39s | $160K | $7K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against KuCoin. 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: +0.064% → +0.002%
- $6.14
- Slippage, 4 orders
- −$52.32
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$68.17
- Costs to cover
- 0.743%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 5 min ago; ApeX Omni: live order book, just now.
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 KuCoin live order book, 5 min ago | 8.26 bp | 24.1 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, just now | 7.55 bp | 12.6 bp −$13 | 80.9 bp −$809 | doesn't fit | doesn't fit |
MSFT on 34 exchanges
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 | −0.1600% | 1h | 503.07 | +0.046% | $32K | $8K | 20x | as long as short |
| Nado MSFT-PERP | −0.0069% | 1h | 503.31 | +0.093% | $411K | $72K | 20x | as long as short |
| Ondo Perps MSFT-USD.P | −0.0029% | 1h | 503.16 | +0.064% | $531K | $396K | 15x | as long as short |
| Aster MSFTUSDT | 0.0000% | 8h | 504.03 | +0.236% | $166K | $118K | 20x | as long as short |
| Extended MSFT_24_5-USD | 0.0000% | 1h | 503.44 | +0.119% | $326K | $1.9M | 17x | as long as short |
| Binance MSFTUSDT | 0.0000% | 8h | 503.58 | +0.148% | $16.4M | $21.0M | 20x | as long as short |
| Bybit MSFTUSDT | 0.0000% | 8h | 503.27 | +0.086% | $7.3M | $2.3M | 100x | as long as short |
| Gate MSFT_USDT | 0.0000% | 8h | 503.24 | +0.080% | $3.1M | $1.9M | 100x | as long as short |
| Bitget MSFTUSDT | 0.0000% | 8h | 503.54 | +0.139% | $3.9M | $2.9M | 100x | as long as short |
| Variational Omni MSFT | 0.0000% | 8h | 503.01 | +0.033% | $1.3M | $396K | — | as long as short |
Show all 34 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT MSFT_USDT_Perp | 0.0000% | 8h | 503.15 | +0.062% | $18K | $318K | 10x | as long as short |
| SunX MSFT-USDT | 0.0000% | 8h | 504.26 | +0.282% | $6K | $3.5M | 20x | as long as short |
| Deribit MSFT_USDC-PERPETUAL | 0.0000% | 1h | 503.21 | +0.074% | $30K | $47K | 10x | as long as short |
| Coinbase International MSFT-PERP-INTX | 0.0000% | 1h | 503.12 | +0.056% | $701K | $527K | 10x | as long as short |
| HTX MSFT-USDT | 0.0000% | 8h | 503.39 | +0.109% | $48K | $247K | 20x | as long as short |
| Phemex MSFTUSDT | 0.0000% | 8h | 503.80 | +0.191% | $2.3M | $911K | 10x | as long as short |
| BloFin MSFT-USDT | +0.0006% | 8h | 503.60 | +0.151% | $202K | $216K | 20x | as long as short |
| tradeXYZ xyz:MSFT | +0.0016% | 1h | 503.07 | +0.046% | $22.4M | $9.2M | 20x | as long as short |
| Lighter MSFT | +0.0032% | 1h | 503.36 | +0.103% | $1.2M | $485K | 20x | as long as short |
| Lighter RH MSFT | +0.0032% | 1h | 503.43 | +0.117% | $689K | $1.8M | 20x | as long as short |
| Vest MSFT-USD-PERP | +0.0046% | 1h | 503.48 | +0.127% | — | $1K | 25x | as long as short |
| Polymarket Perps MSFT-USD | +0.0050% | 1h | 503.14 | +0.060% | $318K | $675K | 10x | as long as short |
| SoDEX MSFT-USD | +0.0050% | 1h | 503.25 | +0.082% | $60K | $3K | 10x | as long as short |
| OKX MSFT-USDT-SWAP | +0.0052% | 8h | 503.69 | +0.169% | $3.2M | $2.7M | 20x | as long as short |
| edgeX MSFTUSDC | +0.0054% | 4h | 503.20 | +0.072% | $102K | $244K | 10x | as long as short |
| Paradex MSFT-USD-PERP | +0.0055% | 8h | 503.33 | +0.098% | $221 | — | 5x | as long as short |
| QFEX MSFT-USD | +0.0058% | 1h | 503.53 | +0.137% | $1.2M | $4.7M | 10x | as long as short |
| Phoenix MSFT | +0.0079% | 1h | 503.21 | +0.074% | $11K | $5K | 20x | as long as short |
| KuCoin MSFTUSDTMlong | +0.0100% | 8h | 502.84 | long leg | $1.6M | $230K | 20x | |
| ApeX Omni MSFTUSDTshort | +0.0100% | 1h | 503.16 | +0.064% | $160K | $7K | 50x | |
| Orderly PERP_MSFT_USDC_mythos | +0.0100% | 8h | 503.43 | +0.117% | $8K | — | 10x | as long as short |
| Aevo MSFT-PERP | +0.0104% | 1h | 503.40 | +0.111% | $55 | — | 10x | as long as short |
| Arcus MSFT-USD | +0.0190% | 1h | 503.25 | +0.082% | $93K | $83K | 10x | as long as short |
| Injective MSFT/USDC PERP | +0.0220% | 1h | 503.61 | +0.153% | $115K | $45K | 30x | as long as short |
KuCoin MSFTUSDTM
ApeX Omni MSFTUSDT
Aster MSFTUSDT
Extended MSFT_24_5-USD
Binance MSFTUSDT
Bybit MSFTUSDT
Gate MSFT_USDT
Bitget MSFTUSDT
Variational Omni MSFT
GRVT MSFT_USDT_Perp
SunX MSFT-USDT
Deribit MSFT_USDC-PERPETUAL
Coinbase International MSFT-PERP-INTX
HTX MSFT-USDT
Phemex MSFTUSDT
BloFin MSFT-USDT
tradeXYZ xyz:MSFT
Lighter MSFT
Lighter RH MSFT
Polymarket Perps MSFT-USD
SoDEX MSFT-USD
OKX MSFT-USDT-SWAP
edgeX MSFTUSDC
Paradex MSFT-USD-PERP
Phoenix MSFT
Injective MSFT/USDC PERP