MSFT

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0054%/8h= +5.9% APRnext payment +$0.07 per $10,000 · paid last 24h +0.016%

Price spread now: Aevo against Ondo Perps+0.041%7-day average — · you sell dearer than you buy

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

Long on Ondo Perps 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—+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Aevo is 0.041% dearer against Ondo Perps 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	Ondo Perps MSFT-USD.P	500.98	0.0050	pay 0.0006% / 1h	1m 26s	$514K	$504K	15x
Short	Aevo MSFT-PERP	501.19	0.0104	get 0.0013% / 1h	1m 26s	$55	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Ondo Perps. 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 Ondo PerpsbpFee AevobpOrdersPrice spread, now +0.041%Rate

Funding earned: $11.26
Price spread: +0.041% → 0.000%: $4.12
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$5.63
Costs to cover: 0.210%
Break-even: 10.5 days

Slippage unknown: Ondo Perps: 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 Ondo Perps no order-book sample	—	—	—	—	—
Sell Aevo no order-book sample	—	—	—	—	—

Ondo Perps 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
Coinbase International MSFT-PERP-INTX	−0.0008%	1h	500.76	−0.044%	$684K	$449K	10x	as long as short
Aster MSFTUSDT	0.0000%	8h	501.45	+0.093%	$161K	$116K	20x	as long as short
Extended MSFT_24_5-USD	0.0000%	1h	501.20	+0.044%	$342K	$905K	17x	as long as short
Binance MSFTUSDT	0.0000%	8h	501.32	+0.068%	$15.6M	$18.7M	20x	as long as short
Bybit MSFTUSDT	0.0000%	8h	501.19	+0.042%	$7.4M	$1.6M	100x	as long as short
OKX MSFT-USDT-SWAP	0.0000%	8h	501.22	+0.048%	$3.0M	$2.3M	20x	as long as short
Gate MSFT_USDT	0.0000%	8h	501.22	+0.048%	$3.1M	$1.7M	100x	as long as short
Bitget MSFTUSDT	0.0000%	8h	501.37	+0.078%	$3.8M	$2.1M	100x	as long as short
Variational Omni MSFT	0.0000%	8h	501.37	+0.078%	$1.3M	$690K	—	as long as short
GRVT MSFT_USDT_Perp	0.0000%	8h	501.46	+0.096%	$19K	$293K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX MSFT-USDT	0.0000%	8h	502.11	+0.226%	$6K	$4.1M	20x	as long as short
Deribit MSFT_USDC-PERPETUAL	0.0000%	1h	501.04	+0.012%	$27K	$41K	10x	as long as short
HTX MSFT-USDT	0.0000%	8h	501.19	+0.042%	$58K	$227K	20x	as long as short
Phemex MSFTUSDT	0.0000%	8h	501.55	+0.114%	$2.2M	$759K	10x	as long as short
Nado MSFT-PERP	+0.0007%	1h	501.13	+0.030%	$414K	$64K	20x	as long as short
BloFin MSFT-USDT	+0.0024%	8h	501.32	+0.068%	$188K	$205K	20x	as long as short
Lighter RH MSFT	+0.0032%	1h	501.17	+0.038%	$617K	$2.0M	20x	as long as short
QFEX MSFT-USD	+0.0044%	1h	501.31	+0.066%	$1.1M	$5.8M	10x	as long as short
Vest MSFT-USD-PERP	+0.0046%	1h	501.26	+0.056%	—	$1K	25x	as long as short
tradeXYZ xyz:MSFT	+0.0050%	1h	500.85	−0.026%	$22.1M	$9.2M	20x	as long as short
Polymarket Perps MSFT-USD	+0.0050%	1h	500.92	−0.012%	$303K	$672K	10x	as long as short
SoDEX MSFT-USD	+0.0050%	1h	501.21	+0.046%	$60K	$3K	10x	as long as short
Ondo Perps MSFT-USD.Plong	+0.0050%	1h	500.98	long leg	$514K	$504K	15x
Paradex MSFT-USD-PERP	+0.0051%	8h	501.15	+0.034%	$221	—	5x	as long as short
Phoenix MSFT	+0.0080%	1h	501.05	+0.014%	$10K	$15K	20x	as long as short
KuCoin MSFTUSDTM	+0.0100%	8h	501.21	+0.046%	$1.5M	$19K	20x	as long as short
ApeX Omni MSFTUSDT	+0.0100%	1h	500.82	−0.032%	$159K	$7K	50x	as long as short
Orderly PERP_MSFT_USDC_mythos	+0.0100%	8h	501.24	+0.052%	$8K	—	10x	as long as short
Lighter MSFT	+0.0104%	1h	501.36	+0.076%	$1.1M	$486K	20x	as long as short
Aevo MSFT-PERPshort	+0.0104%	1h	501.19	+0.041%	$55	—	10x
edgeX MSFTUSDC	+0.0163%	4h	501.29	+0.061%	$102K	$243K	10x	as long as short
Hotstuff MSFT-PERP	+0.0168%	1h	500.85	−0.026%	$32K	$8K	20x	as long as short
Arcus MSFT-USD	+0.0212%	1h	501.16	+0.036%	$97K	$109K	10x	as long as short
Injective MSFT/USDC PERP	+0.0220%	1h	501.76	+0.156%	$115K	$45K	30x	as long as short