MSFT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0074%/8h= −8.1% APRnext payment −$0.74 per $10,000 · paid last 24h −0.001%

Price spread now: BloFin against Paradex+0.036%7-day average — · you sell dearer than you buy

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

Long on Paradex Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

The price spread pays, funding is against you. BloFin is 0.036% dearer against Paradex than usual: you sell high and buy low (spread +0.036% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 39 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex MSFT-USD-PERP	503.65	0.0051	pay 0.0051% / 8h	3h 06m	$222	—	5x
Short	BloFin MSFT-USDT	503.83	−0.0023	pay 0.0023% / 8h	3h 06m	$189K	$205K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Paradex. 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 ParadexbpFee BloFinbpOrdersPrice spread, now +0.036%Rate

Funding earned: −$15.47
Price spread: +0.036% → 0.000%: $3.62
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$27.85
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; BloFin: live order book, 14 min ago. 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 Paradex no order-book sample	—	—	—	—	—
Sell BloFin live order book, 14 min ago	0.20 bp	8.0 bp −$8	10.9 bp −$109	doesn't fit	doesn't fit

Paradex: 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
Hotstuff MSFT-PERP	−0.0112%	1h	503.30	−0.069%	$32K	$8K	20x	as long as short
Nado MSFT-PERP	−0.0100%	1h	503.50	−0.030%	$414K	$65K	20x	as long as short
Coinbase International MSFT-PERP-INTX	−0.0032%	1h	503.14	−0.101%	$681K	$452K	10x	as long as short
BloFin MSFT-USDTshort	−0.0023%	8h	503.83	+0.036%	$189K	$205K	20x
Aster MSFTUSDT	0.0000%	8h	503.57	−0.016%	$162K	$116K	20x	as long as short
Extended MSFT_24_5-USD	0.0000%	1h	503.68	+0.007%	$339K	$885K	17x	as long as short
Binance MSFTUSDT	0.0000%	8h	503.73	+0.016%	$15.8M	$19.2M	20x	as long as short
Bybit MSFTUSDT	0.0000%	8h	503.44	−0.041%	$7.2M	$2.2M	100x	as long as short
OKX MSFT-USDT-SWAP	0.0000%	8h	503.83	+0.036%	$3.0M	$2.3M	20x	as long as short
Gate MSFT_USDT	0.0000%	8h	503.52	−0.025%	$3.1M	$1.8M	100x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget MSFTUSDT	0.0000%	8h	503.79	+0.028%	$4.5M	$2.6M	100x	as long as short
Variational Omni MSFT	0.0000%	8h	502.85	−0.159%	$1.3M	$490K	—	as long as short
GRVT MSFT_USDT_Perp	0.0000%	8h	503.55	−0.020%	$18K	$300K	10x	as long as short
SunX MSFT-USDT	0.0000%	8h	504.51	+0.171%	$6K	$4.0M	20x	as long as short
Deribit MSFT_USDC-PERPETUAL	0.0000%	1h	503.58	−0.013%	$27K	$42K	10x	as long as short
HTX MSFT-USDT	0.0000%	8h	503.63	−0.003%	$59K	$225K	20x	as long as short
Phemex MSFTUSDT	0.0000%	8h	503.83	+0.036%	$2.2M	$781K	10x	as long as short
tradeXYZ xyz:MSFT	+0.0012%	1h	503.39	−0.051%	$22.3M	$8.8M	20x	as long as short
Lighter MSFT	+0.0032%	1h	503.75	+0.020%	$1.1M	$514K	20x	as long as short
Lighter RH MSFT	+0.0032%	1h	503.52	−0.025%	$680K	$2.0M	20x	as long as short
QFEX MSFT-USD	+0.0035%	1h	503.66	+0.002%	$1.1M	$4.8M	10x	as long as short
Arcus MSFT-USD	+0.0040%	1h	503.29	−0.071%	$97K	$110K	10x	as long as short
Vest MSFT-USD-PERP	+0.0046%	1h	503.57	−0.015%	—	$1K	25x	as long as short
Phoenix MSFT	+0.0048%	1h	503.14	−0.101%	$11K	$15K	20x	as long as short
Polymarket Perps MSFT-USD	+0.0050%	1h	503.34	−0.061%	$303K	$713K	10x	as long as short
SoDEX MSFT-USD	+0.0050%	1h	503.62	−0.005%	$60K	$3K	10x	as long as short
Ondo Perps MSFT-USD.P	+0.0050%	1h	503.25	−0.079%	$512K	$459K	15x	as long as short
Paradex MSFT-USD-PERPlong	+0.0051%	8h	503.65	long leg	$222	—	5x
KuCoin MSFTUSDTM	+0.0100%	8h	503.20	−0.089%	$1.6M	$56K	20x	as long as short
ApeX Omni MSFTUSDT	+0.0100%	1h	503.14	−0.101%	$160K	$7K	50x	as long as short
Orderly PERP_MSFT_USDC_mythos	+0.0100%	8h	503.64	−0.001%	$8K	—	10x	as long as short
Aevo MSFT-PERP	+0.0104%	1h	503.66	+0.002%	$55	—	10x	as long as short
edgeX MSFTUSDC	+0.0208%	4h	503.56	−0.017%	$102K	$243K	10x	as long as short
Injective MSFT/USDC PERP	+0.0220%	1h	503.08	−0.113%	$115K	$45K	30x	as long as short