Spread before costs (cost unknown: a leg has no order-book sample)+0.064%
7d average—if it closes, per $10,000$6funding while held, a day+$1.45
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex MSFT-USD-PERP | 492.59 | 0.0052 | pay 0.0052% / 8h | 35m 11s | $217 | — | 5x |
| Short | Orderly PERP_MSFT_USDC_mythos | 492.91 | 0.0100 | get 0.0100% / 8h | 35m 11s | $8K | — | 10x |
Paradex MSFT-USD-PERP
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
- $6.44
- Funding while held
- $1.45
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$2.12
- Spread needed to break even
- 0.100%
Slippage unknown: Paradex: no order-book sample; Orderly: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0048%
- Per $10,000 a day
- +$1.45
- 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Orderly no order-book sample | — | — | — | — | — |
Paradex 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.Ondo Perps492.40cheapestHotstuff492.52+0.024%Polymarket Perps492.57+0.035%Vest492.58+0.037%
Ondo Perps
Hotstuff
Polymarket Perps
VestParadex492.59+0.039%
tradeXYZ492.65+0.051%QFEX492.68+0.057%Arcus492.70+0.061%KuCoin492.74+0.069%Nado492.77+0.075%Deribit492.80+0.081%ApeX Omni492.81+0.083%Gate492.83+0.087%OKX492.86+0.093%
tradeXYZ
QFEX
Arcus
KuCoin
Nado
Deribit
ApeX Omni
Gate
OKXOrderly492.91+0.104%
HTX492.91+0.104%SoDEX492.92+0.106%Lighter RH492.94+0.110%Aster492.94+0.111%Lighter492.97+0.116%Extended492.98+0.117%Aevo492.99+0.120%BloFin493.00+0.122%Coinbase International493.01+0.124%Bitget493.03+0.128%Bybit493.04+0.130%Phoenix493.04+0.130%Binance493.05+0.132%Variational Omni493.06+0.134%edgeX493.30+0.184%Injective493.40+0.203%Phemex493.43+0.209%SunX493.77+0.278%
HTX
SoDEX
Lighter RH
Aster
Lighter
Extended
Aevo
BloFin
Coinbase International
Bitget
Bybit
Phoenix
Binance
Variational Omni
Injective
Phemex
SunXMSFT on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Ondo Perps MSFT-USD.P | −0.039% | +0.0050% | 1h | $536K | $372K | 15x | as long as short |
| Hotstuff MSFT-PERP | −0.015% | +0.0056% | 1h | $40K | — | 20x | as long as short |
| Polymarket Perps MSFT-USD | −0.005% | +0.0050% | 1h | $287K | $472K | 10x | as long as short |
| Vest MSFT-USD-PERP | −0.003% | +0.0046% | 1h | — | — | 25x | as long as short |
| Paradex MSFT-USD-PERPlong | 0.000% | +0.0052% | 8h | $217 | — | 5x | |
| tradeXYZ xyz:MSFT | +0.012% | +0.0050% | 1h | $23.1M | $6.1M | 20x | as long as short |
| QFEX MSFT-USD | +0.018% | +0.0052% | 1h | $1.1M | $3.4M | 10x | as long as short |
| Arcus MSFT-USD | +0.022% | +0.0325% | 1h | $112K | $48K | 10x | as long as short |
| KuCoin MSFTUSDTM | +0.030% | +0.0100% | 8h | $1.4M | $7K | 20x | as long as short |
| Nado MSFT-PERP | +0.035% | −0.0002% | 1h | $458K | $4K | 20x | as long as short |