Spread before costs (cost unknown: a leg has no order-book sample)+0.071%
7d average—if it closes, per $10,000$7funding while held, a day+$1.49
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps MSFT-USD.P | 492.84 | 0.0050 | pay 0.0006% / 1h | 36m 27s | $536K | $372K | 15x |
| Short | Orderly PERP_MSFT_USDC_mythos | 493.19 | 0.0100 | get 0.0100% / 8h | 36m 27s | $8K | — | 10x |
Ondo Perps MSFT-USD.P
Orderly PERP_MSFT_USDC_mythosPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $7.1
- Funding while held
- $1.49
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$2.41
- Spread needed to break even
- 0.110%
Slippage unknown: Ondo Perps: no order-book sample; Orderly: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0050%
- Per $10,000 a day
- +$1.49
- Average in range /8h
- —
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 Orderly no order-book sample | — | — | — | — | — |
Ondo Perps and Orderly: 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 price on every exchange
against the cheapest. Click to use as the short leg.Polymarket Perps492.47cheapesttradeXYZ492.52+0.010%Hotstuff492.57+0.020%KuCoin492.64+0.035%Vest492.67+0.041%Gate492.71+0.049%
Polymarket Perps
tradeXYZ
Hotstuff
KuCoin
Vest
GateOndo Perps492.84+0.075%
Phoenix492.85+0.077%ApeX Omni492.87+0.081%Bitget492.89+0.085%Arcus492.91+0.089%Binance492.94+0.095%Lighter RH492.95+0.097%Bybit492.95+0.097%QFEX492.95+0.097%Variational Omni492.96+0.099%Extended492.96+0.100%Paradex492.98+0.103%Nado492.99+0.105%OKX493.00+0.108%Aster493.00+0.108%Coinbase International493.01+0.110%Lighter493.02+0.112%Deribit493.08+0.124%SoDEX493.17+0.142%HTX493.17+0.142%
Phoenix
ApeX Omni
Bitget
Arcus
Binance
Lighter RH
Bybit
QFEX
Variational Omni
Extended
Paradex
Nado
OKX
Aster
Coinbase International
Lighter
Deribit
SoDEX
HTXOrderly493.19+0.146%
edgeX493.19+0.147%Aevo493.29+0.167%BloFin493.36+0.181%Injective493.40+0.189%Phemex493.64+0.238%SunX494.07+0.325%
Aevo
BloFin
Injective
Phemex
SunXMSFT on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Polymarket Perps MSFT-USD | −0.075% | +0.0050% | 1h | $287K | $472K | 10x | as long as short |
| tradeXYZ xyz:MSFT | −0.065% | +0.0050% | 1h | $23.1M | $6.1M | 20x | as long as short |
| Hotstuff MSFT-PERP | −0.055% | +0.0056% | 1h | $40K | — | 20x | as long as short |
| KuCoin MSFTUSDTM | −0.041% | +0.0100% | 8h | $1.4M | $7K | 20x | as long as short |
| Vest MSFT-USD-PERP | −0.034% | +0.0046% | 1h | — | — | 25x | as long as short |
| Gate MSFT_USDT | −0.026% | 0.0000% | 8h | $3.0M | $1.0M | 100x | as long as short |
| Ondo Perps MSFT-USD.Plong | 0.000% | +0.0050% | 1h | $536K | $372K | 15x | |
| Phoenix MSFT | +0.002% | +0.0065% | 1h | $10K | $15K | 20x | as long as short |
| ApeX Omni MSFTUSDT | +0.006% | +0.0100% | 1h | $157K | $7K | 50x | as long as short |
| Bitget MSFTUSDT | +0.010% | 0.0000% | 8h | $3.7M | $1.6M | 100x | as long as short |