MSFT

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0054%/8h= +5.9% APRnext payment +$0.07 per $10,000 · paid last 24h −0.090%

Price spread now: Hotstuff against Polymarket Perps+0.012%54s7-day average — · you sell dearer than you buy

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

Long on Polymarket Perps Short on Hotstuff

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps MSFT-USD	500.82	0.0050	pay 0.0006% / 1h	42m 32s	$302K	$672K	10x
Short	Hotstuff MSFT-PERP	500.88	0.0104	get 0.0013% / 1h	42m 32s	$32K	$8K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff against Polymarket 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 Polymarket PerpsbpFee HotstuffbpOrdersPrice spread, now +0.012%Rate

Funding earned: $11.34
Price spread: +0.012% → 0.000%: $1.2
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: −$0.46
Costs to cover: 0.130%
Break-even: 7.3 days

Slippage unknown: Polymarket Perps: live order book, 25 min ago; Hotstuff: 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 Polymarket Perps live order book, 25 min ago	1.80 bp	6.8 bp −$7	7.5 bp −$75	9.5 bp −$950	doesn't fit
Sell Hotstuff no order-book sample	—	—	—	—	—

Hotstuff: 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
edgeX MSFTUSDC	−0.0244%	4h	501.23	+0.082%	$102K	$243K	10x	as long as short
BloFin MSFT-USDT	−0.0028%	8h	501.33	+0.102%	$189K	$204K	20x	as long as short
Nado MSFT-PERP	−0.0018%	1h	500.88	+0.011%	$414K	$64K	20x	as long as short
Coinbase International MSFT-PERP-INTX	−0.0016%	1h	500.76	−0.012%	$684K	$449K	10x	as long as short
Aster MSFTUSDT	0.0000%	8h	501.30	+0.095%	$161K	$116K	20x	as long as short
Extended MSFT_24_5-USD	0.0000%	1h	501.05	+0.046%	$342K	$898K	17x	as long as short
Binance MSFTUSDT	0.0000%	8h	501.17	+0.070%	$15.6M	$18.7M	20x	as long as short
Bybit MSFTUSDT	0.0000%	8h	501.07	+0.050%	$7.4M	$1.6M	100x	as long as short
OKX MSFT-USDT-SWAP	0.0000%	8h	501.24	+0.084%	$3.0M	$2.3M	20x	as long as short
Gate MSFT_USDT	0.0000%	8h	501.10	+0.056%	$3.1M	$1.6M	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	501.17	+0.070%	$4.3M	$2.4M	100x	as long as short
Variational Omni MSFT	0.0000%	8h	501.24	+0.083%	$1.3M	$677K	—	as long as short
GRVT MSFT_USDT_Perp	0.0000%	8h	501.20	+0.077%	$19K	$294K	10x	as long as short
SunX MSFT-USDT	0.0000%	8h	502.02	+0.240%	$6K	$4.1M	20x	as long as short
HTX MSFT-USDT	0.0000%	8h	501.15	+0.066%	$58K	$227K	20x	as long as short
Phemex MSFTUSDT	0.0000%	8h	501.42	+0.120%	$2.2M	$757K	10x	as long as short
Lighter RH MSFT	+0.0032%	1h	500.97	+0.030%	$617K	$2.0M	20x	as long as short
QFEX MSFT-USD	+0.0038%	1h	501.18	+0.072%	$1.1M	$5.8M	10x	as long as short
Arcus MSFT-USD	+0.0040%	1h	501.05	+0.046%	$97K	$109K	10x	as long as short
Vest MSFT-USD-PERP	+0.0046%	1h	501.06	+0.048%	—	$1K	25x	as long as short
tradeXYZ xyz:MSFT	+0.0050%	1h	500.83	+0.002%	$22.1M	$9.2M	20x	as long as short
Polymarket Perps MSFT-USDlong	+0.0050%	1h	500.82	long leg	$302K	$672K	10x
SoDEX MSFT-USD	+0.0050%	1h	501.10	+0.056%	$60K	$3K	10x	as long as short
Paradex MSFT-USD-PERP	+0.0050%	8h	501.06	+0.048%	$220	—	5x	as long as short
Ondo Perps MSFT-USD.P	+0.0050%	1h	500.85	+0.006%	$513K	$503K	15x	as long as short
Phoenix MSFT	+0.0080%	1h	501.10	+0.056%	$10K	$15K	20x	as long as short
KuCoin MSFTUSDTM	+0.0100%	8h	500.79	−0.006%	$1.5M	$19K	20x	as long as short
ApeX Omni MSFTUSDT	+0.0100%	1h	500.67	−0.030%	$159K	$7K	50x	as long as short
Orderly PERP_MSFT_USDC_mythos	+0.0100%	8h	500.97	+0.030%	$8K	—	10x	as long as short
Hotstuff MSFT-PERPshort	+0.0104%	1h	500.88	+0.012%	$32K	$8K	20x
Aevo MSFT-PERP	+0.0104%	1h	501.11	+0.057%	$55	—	10x	as long as short
Lighter MSFT	+0.0120%	1h	501.24	+0.084%	$1.1M	$489K	20x	as long as short
Injective MSFT/USDC PERP	+0.0220%	1h	501.56	+0.148%	$115K	$45K	30x	as long as short
Deribit MSFT_USDC-PERPETUAL	+0.0449%	1h	501.15	+0.066%	$27K	$41K	10x	as long as short