After costs, if the gap returns to its 7d average, $10k−$221
spread now−0.146%7d average−0.150%fees + slippage, in and out−$222spread needed2.216%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX MSFT-USDT | 494.35 | 0 | get 0.0000% / 8h | 48m 20s | $6K | $3.8M | 20x |
| Short | Aster MSFTUSDT | 493.63 | 0 | get 0.0000% / 8h | 48m 20s | $151K | $76K | 20x |
SunX MSFT-USDT
Aster MSFTUSDTPrice 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
- −$14.59
- Funding while held
- $0
- Slippage, 4 orders
- −$203.64
- Fee SunX: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$236.23
- Spread needed to break even
- 2.216%
Slippage from SunX: live order book, 6 min ago; Aster: live order book, 65 min ago.
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 SunX live order book, 6 min ago | 0.10 bp | 106.0 bp −$106 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 65 min ago | 0.81 bp | 5.6 bp −$6 | 46.2 bp −$462 | doesn't fit | doesn't fit |
MSFT price on every exchange
against the cheapest. Click to use as the short leg.Ondo Perps492.99cheapestHotstuff492.99cheapestPolymarket Perps493.06+0.014%tradeXYZ493.09+0.020%Vest493.18+0.039%ApeX Omni493.19+0.041%Phoenix493.20+0.043%KuCoin493.25+0.053%Deribit493.27+0.057%Paradex493.34+0.070%Lighter RH493.34+0.071%Nado493.34+0.071%Gate493.36+0.075%SoDEX493.38+0.079%QFEX493.41+0.085%Lighter493.42+0.087%Arcus493.44+0.091%Bybit493.46+0.095%Extended493.46+0.096%Orderly493.47+0.097%Bitget493.56+0.116%Binance493.58+0.119%Aevo493.59+0.121%Injective493.59+0.122%OKX493.61+0.126%BloFin493.62+0.128%
Ondo Perps
Hotstuff
Polymarket Perps
tradeXYZ
Vest
ApeX Omni
Phoenix
KuCoin
Deribit
Paradex
Lighter RH
Nado
Gate
SoDEX
QFEX
Lighter
Arcus
Bybit
Extended
Orderly
Bitget
Binance
Aevo
Injective
OKX
BloFinAster493.63+0.130%
Variational Omni493.70+0.145%edgeX493.74+0.153%Phemex493.82+0.168%Coinbase International493.89+0.183%HTX494.03+0.211%
Variational Omni
Phemex
Coinbase International
HTXSunX494.35+0.276%
MSFT 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 | −0.275% | +0.0050% | 1h | $536K | $371K | 15x | as long as short |
| Hotstuff MSFT-PERP | −0.275% | +0.0032% | 1h | $40K | — | 20x | as long as short |
| Polymarket Perps MSFT-USD | −0.261% | +0.0050% | 1h | $288K | $470K | 10x | as long as short |
| tradeXYZ xyz:MSFT | −0.255% | +0.0050% | 1h | $23.1M | $6.1M | 20x | as long as short |
| Vest MSFT-USD-PERP | −0.237% | +0.0046% | 1h | — | — | 25x | as long as short |
| ApeX Omni MSFTUSDT | −0.235% | +0.0100% | 1h | $157K | $7K | 50x | as long as short |
| Phoenix MSFT | −0.233% | +0.0065% | 1h | $10K | $15K | 20x | as long as short |
| KuCoin MSFTUSDTM | −0.223% | +0.0100% | 8h | $1.5M | $6K | 20x | as long as short |
| Deribit MSFT_USDC-PERPETUAL | −0.218% | 0.0000% | 1h | $27K | $102K | 10x | as long as short |
| Paradex MSFT-USD-PERP | −0.205% | +0.0052% | 8h | $217 | — | 5x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Lighter RH MSFT | −0.204% | +0.0032% | 1h | $677K | $2.0M | 20x | as long as short |
| Nado MSFT-PERP | −0.204% | −0.0011% | 1h | $458K | $4K | 20x | as long as short |
| Gate MSFT_USDT | −0.200% | 0.0000% | 8h | $3.0M | $1.0M | 100x | as long as short |
| SoDEX MSFT-USD | −0.196% | +0.0050% | 1h | $59K | $3K | 10x | as long as short |
| QFEX MSFT-USD | −0.190% | +0.0052% | 1h | $1.1M | $3.3M | 10x | as long as short |
| Lighter MSFT | −0.188% | +0.0032% | 1h | $1.1M | $529K | 20x | as long as short |
| Arcus MSFT-USD | −0.184% | +0.0325% | 1h | $112K | $48K | 10x | as long as short |
| Bybit MSFTUSDT | −0.180% | 0.0000% | 8h | $7.2M | $976K | 100x | as long as short |
| Extended MSFT_24_5-USD | −0.180% | 0.0000% | 1h | $329K | $380K | 17x | as long as short |
| Orderly PERP_MSFT_USDC_mythos | −0.178% | +0.0100% | 8h | $8K | — | 10x | as long as short |
| Bitget MSFTUSDT | −0.160% | 0.0000% | 8h | $3.7M | $1.6M | 100x | as long as short |
| Binance MSFTUSDT | −0.156% | 0.0000% | 8h | $15.8M | $12.9M | 20x | as long as short |
| Aevo MSFT-PERP | −0.154% | +0.0104% | 1h | $54 | — | 10x | as long as short |
| Injective MSFT/USDC PERP | −0.154% | +0.0220% | 1h | $113K | $154K | 30x | as long as short |
| OKX MSFT-USDT-SWAP | −0.150% | 0.0000% | 8h | $3.0M | $1.3M | 20x | as long as short |
| BloFin MSFT-USDT | −0.148% | −0.0001% | 8h | $194K | $138K | 20x | as long as short |
| Aster MSFTUSDTshort | −0.146% | 0.0000% | 8h | $151K | $76K | 20x | |
| Variational Omni MSFT | −0.131% | 0.0000% | 8h | $1.2M | $679K | — | as long as short |
| edgeX MSFTUSDC | −0.123% | +0.0535% | 4h | $100K | $244K | 10x | as long as short |
| Phemex MSFTUSDT | −0.107% | 0.0000% | 8h | $2.1M | $471K | 10x | as long as short |
| Coinbase International MSFT-PERP-INTX | −0.093% | −0.0008% | 1h | $663K | $332K | 10x | as long as short |
| HTX MSFT-USDT | −0.065% | 0.0000% | 8h | $58K | $231K | 20x | as long as short |
| SunX MSFT-USDTlong | 0.000% | 0.0000% | 8h | $6K | $3.8M | 20x |