Spread before costs (cost unknown: a leg has no order-book sample)−0.096%
7d average—if it closes, per $10,000$10funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_MSFT_USDC_mythos | 492.01 | 0.0100 | pay 0.0100% / 8h | 28m 09s | $8K | — | 10x |
| Short | KuCoin MSFTUSDTM | 491.54 | 0.0100 | get 0.0100% / 8h | 28m 09s | $1.4M | $7K | 20x |
Orderly PERP_MSFT_USDC_mythos
KuCoin MSFTUSDTMPrice 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
- −$9.55
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$27.55
- Spread needed to break even
- 0.180%
Slippage unknown: Orderly: no order-book sample; KuCoin: live order book, 4 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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 Orderly no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 4 min ago | 7.52 bp | 74.0 bp −$74 | doesn't fit | doesn't fit | doesn't fit |
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.KuCoin491.54cheapest
Polymarket Perps491.61+0.014%Vest491.65+0.022%tradeXYZ491.68+0.028%Ondo Perps491.77+0.047%Hotstuff491.84+0.061%Gate491.86+0.065%Lighter RH491.89+0.071%Deribit491.89+0.071%HTX491.90+0.073%Nado491.94+0.081%Paradex491.96+0.086%Lighter491.98+0.090%SoDEX491.98+0.090%Arcus492.01+0.096%
Polymarket Perps
Vest
tradeXYZ
Ondo Perps
Hotstuff
Gate
Lighter RH
Deribit
HTX
Nado
Paradex
Lighter
SoDEX
ArcusOrderly492.01+0.096%
Binance492.03+0.099%Aevo492.05+0.103%Extended492.06+0.107%OKX492.08+0.110%QFEX492.08+0.110%Bybit492.09+0.112%ApeX Omni492.12+0.118%Bitget492.13+0.120%BloFin492.32+0.159%edgeX492.40+0.176%Phoenix492.42+0.179%Variational Omni492.52+0.199%Injective492.52+0.199%Aster492.55+0.206%Phemex492.61+0.218%SunX492.76+0.248%Coinbase International493.01+0.299%
Binance
Aevo
Extended
OKX
QFEX
Bybit
ApeX Omni
Bitget
BloFin
Phoenix
Variational Omni
Injective
Aster
Phemex
SunX
Coinbase InternationalMSFT on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin MSFTUSDTMshort | −0.096% | +0.0100% | 8h | $1.4M | $7K | 20x | |
| Polymarket Perps MSFT-USD | −0.081% | +0.0050% | 1h | $287K | $472K | 10x | as long as short |
| Vest MSFT-USD-PERP | −0.073% | +0.0046% | 1h | — | — | 25x | as long as short |
| tradeXYZ xyz:MSFT | −0.067% | +0.0050% | 1h | $21.9M | $7.3M | 20x | as long as short |
| Ondo Perps MSFT-USD.P | −0.049% | +0.0050% | 1h | $535K | $373K | 15x | as long as short |
| Hotstuff MSFT-PERP | −0.035% | −0.0056% | 1h | $40K | — | 20x | as long as short |
| Gate MSFT_USDT | −0.030% | 0.0000% | 8h | $3.0M | $1.1M | 100x | as long as short |
| Lighter RH MSFT | −0.024% | +0.0032% | 1h | $679K | $2.0M | 20x | as long as short |
| Deribit MSFT_USDC-PERPETUAL | −0.024% | +0.0014% | 1h | $27K | $105K | 10x | as long as short |
| HTX MSFT-USDT | −0.022% | 0.0000% | 8h | $58K | $229K | 20x | as long as short |