MSFT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.01 per $10,000 · paid last 24h +0.001%

Price spread now: Vest against QFEX−0.030%7-day average — · you buy dearer than you sell

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

Long on QFEX Short on Vest

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 airdropVest: Active · farm boardneeds both histories

Funding pays, the price is against you. Vest is 0.030% cheaper against QFEX than usual: you would sell low and buy high (spread −0.030% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 9.8 days of funding at the current rate ($0 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX MSFT-USD	501.24	0.0036	pay 0.0004% / 1h	36m 49s	$1.1M	$5.5M	10x
Short	Vest MSFT-USD-PERP	501.09	0.0046	get 0.0006% / 1h	36m 49s	—	$1K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against QFEX. 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 QFEXbpFee VestbpOrdersPrice spread, now −0.030%Rate

Funding earned: $2.13
Price spread: −0.030% → 0.000%: −$2.99
Slippage, 4 orders: no order book: not counted
Fee QFEX: 5 bp × 2 orders: −$10
Fee Vest: 1 bp × 2 orders: −$2
Net: −$12.86
Costs to cover: 0.120%
Break-even: 49.2 days

Slippage unknown: QFEX: live order book, 12 min ago; Vest: 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 QFEX live order book, 12 min ago	1.20 bp	6.2 bp −$6	6.6 bp −$66	12.7 bp −$1,269	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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	−0.0361%	4h	501.31	+0.013%	$102K	$242K	10x	as long as short
Coinbase International MSFT-PERP-INTX	−0.0040%	1h	500.97	−0.054%	$678K	$456K	10x	as long as short
Nado MSFT-PERP	−0.0023%	1h	501.03	−0.043%	$414K	$64K	20x	as long as short
BloFin MSFT-USDT	−0.0014%	8h	501.36	+0.024%	$189K	$204K	20x	as long as short
Aster MSFTUSDT	0.0000%	8h	501.05	−0.039%	$161K	$116K	20x	as long as short
Extended MSFT_24_5-USD	0.0000%	1h	501.24	0.000%	$341K	$893K	17x	as long as short
Binance MSFTUSDT	0.0000%	8h	501.37	+0.026%	$15.8M	$19.1M	20x	as long as short
Bybit MSFTUSDT	0.0000%	8h	501.07	−0.034%	$7.2M	$2.1M	100x	as long as short
OKX MSFT-USDT-SWAP	0.0000%	8h	501.40	+0.032%	$3.0M	$2.3M	20x	as long as short
Gate MSFT_USDT	0.0000%	8h	501.25	+0.002%	$3.1M	$1.7M	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	501.34	+0.020%	$4.5M	$2.5M	100x	as long as short
Variational Omni MSFT	0.0000%	8h	501.35	+0.022%	$1.3M	$613K	—	as long as short
GRVT MSFT_USDT_Perp	0.0000%	8h	501.38	+0.028%	$19K	$302K	10x	as long as short
SunX MSFT-USDT	0.0000%	8h	502.12	+0.176%	$6K	$4.0M	20x	as long as short
Deribit MSFT_USDC-PERPETUAL	0.0000%	1h	501.06	−0.036%	$27K	$41K	10x	as long as short
HTX MSFT-USDT	0.0000%	8h	501.17	−0.014%	$58K	$226K	20x	as long as short
Phemex MSFTUSDT	0.0000%	8h	501.39	+0.030%	$2.2M	$779K	10x	as long as short
Hotstuff MSFT-PERP	+0.0024%	1h	500.86	−0.076%	$32K	$8K	20x	as long as short
Lighter RH MSFT	+0.0032%	1h	501.12	−0.024%	$674K	$2.0M	20x	as long as short
QFEX MSFT-USDlong	+0.0036%	1h	501.24	long leg	$1.1M	$5.5M	10x
Arcus MSFT-USD	+0.0040%	1h	501.09	−0.030%	$96K	$111K	10x	as long as short
Vest MSFT-USD-PERPshort	+0.0046%	1h	501.09	−0.030%	—	$1K	25x
Phoenix MSFT	+0.0048%	1h	501.07	−0.034%	$10K	$15K	20x	as long as short
tradeXYZ xyz:MSFT	+0.0050%	1h	500.87	−0.074%	$22.1M	$8.7M	20x	as long as short
Polymarket Perps MSFT-USD	+0.0050%	1h	500.92	−0.064%	$318K	$697K	10x	as long as short
SoDEX MSFT-USD	+0.0050%	1h	501.24	0.000%	$60K	$3K	10x	as long as short
Ondo Perps MSFT-USD.P	+0.0050%	1h	500.97	−0.054%	$527K	$456K	15x	as long as short
Paradex MSFT-USD-PERP	+0.0058%	8h	501.25	+0.002%	$221	—	5x	as long as short
KuCoin MSFTUSDTM	+0.0100%	8h	500.90	−0.068%	$1.5M	$20K	20x	as long as short
ApeX Omni MSFTUSDT	+0.0100%	1h	500.77	−0.094%	$159K	$7K	50x	as long as short
Orderly PERP_MSFT_USDC_mythos	+0.0100%	8h	501.29	+0.010%	$8K	—	10x	as long as short
Aevo MSFT-PERP	+0.0104%	1h	501.23	−0.002%	$55	—	10x	as long as short
Lighter MSFT	+0.0120%	1h	501.38	+0.028%	$1.1M	$489K	20x	as long as short
Injective MSFT/USDC PERP	+0.0220%	1h	501.66	+0.084%	$115K	$45K	30x	as long as short