After costs, if the gap returns to its 7d average, $10k−$233
spread now−0.188%7d average−0.176%fees + slippage, in and out−$232spread needed2.316%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX MSFT-USDT | 495.57 | 0 | get 0.0000% / 8h | 1h 26m | $6K | $3.5M | 20x |
| Short | HTX MSFT-USDT | 494.64 | 0 | get 0.0000% / 8h | 1h 26m | $58K | $230K | 20x |
SunX MSFT-USDT
HTX MSFT-USDTPrice 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
- −$18.77
- Funding while held
- $0
- Slippage, 4 orders
- −$209.58
- Fee SunX: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$250.34
- Spread needed to break even
- 2.316%
Slippage from SunX: live order book, 8 min ago; HTX: live order book, 26 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, 8 min ago | 15.76 bp | 121.7 bp −$122 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX live order book, 26 min ago | 2.52 bp | 8.5 bp −$9 | 11.5 bp −$115 | doesn't fit | doesn't fit |
MSFT price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International493.47cheapestedgeX493.73+0.053%Phoenix493.79+0.065%Ondo Perps493.94+0.095%ApeX Omni493.96+0.099%Hotstuff494.04+0.116%KuCoin494.06+0.120%Vest494.15+0.138%Polymarket Perps494.18+0.144%Variational Omni494.25+0.158%tradeXYZ494.26+0.160%Injective494.32+0.172%Lighter RH494.42+0.193%Nado494.42+0.193%Deribit494.44+0.197%Arcus494.47+0.203%Aster494.48+0.204%Paradex494.51+0.210%QFEX494.52+0.213%Orderly494.53+0.215%OKX494.55+0.219%SoDEX494.57+0.223%Gate494.58+0.225%Aevo494.60+0.230%
Coinbase International
Phoenix
Ondo Perps
ApeX Omni
Hotstuff
KuCoin
Vest
Polymarket Perps
Variational Omni
tradeXYZ
Injective
Lighter RH
Nado
Deribit
Arcus
Aster
Paradex
QFEX
Orderly
OKX
SoDEX
Gate
AevoHTX494.64+0.237%
Extended494.65+0.238%Bybit494.66+0.241%Binance494.67+0.243%BloFin494.73+0.255%Bitget494.80+0.270%Lighter494.81+0.272%Phemex495.14+0.338%
Extended
Bybit
Binance
BloFin
Bitget
Lighter
PhemexSunX495.57+0.426%
MSFT on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International MSFT-PERP-INTX | −0.424% | −0.0016% | 1h | $662K | $330K | 10x | as long as short |
| edgeX MSFTUSDC | −0.371% | −0.0564% | 4h | $100K | $243K | 10x | as long as short |
| Phoenix MSFT | −0.359% | +0.0016% | 1h | $10K | $15K | 20x | as long as short |
| Ondo Perps MSFT-USD.P | −0.329% | +0.0050% | 1h | $539K | $370K | 15x | as long as short |
| ApeX Omni MSFTUSDT | −0.325% | +0.0100% | 1h | $157K | $7K | 50x | as long as short |
| Hotstuff MSFT-PERP | −0.309% | −0.1184% | 1h | $40K | — | 20x | as long as short |
| KuCoin MSFTUSDTM | −0.305% | +0.0100% | 8h | $1.5M | $6K | 20x | as long as short |
| Vest MSFT-USD-PERP | −0.287% | +0.0046% | 1h | — | — | 25x | as long as short |
| Polymarket Perps MSFT-USD | −0.280% | +0.0050% | 1h | $288K | $418K | 10x | as long as short |
| Variational Omni MSFT | −0.267% | 0.0000% | 8h | $1.3M | $665K | — | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:MSFT | −0.264% | +0.0050% | 1h | $23.2M | $5.9M | 20x | as long as short |
| Injective MSFT/USDC PERP | −0.252% | +0.0220% | 1h | $113K | $184K | 30x | as long as short |
| Lighter RH MSFT | −0.232% | +0.0032% | 1h | $689K | $2.1M | 20x | as long as short |
| Nado MSFT-PERP | −0.231% | −0.0018% | 1h | $459K | $3K | 20x | as long as short |
| Deribit MSFT_USDC-PERPETUAL | −0.228% | 0.0000% | 1h | $27K | $98K | 10x | as long as short |
| Arcus MSFT-USD | −0.222% | +0.0151% | 1h | $112K | $49K | 10x | as long as short |
| Aster MSFTUSDT | −0.221% | 0.0000% | 8h | $153K | $63K | 20x | as long as short |
| Paradex MSFT-USD-PERP | −0.215% | +0.0052% | 8h | $218 | — | 5x | as long as short |
| QFEX MSFT-USD | −0.212% | +0.0038% | 1h | $1.2M | $3.2M | 10x | as long as short |
| Orderly PERP_MSFT_USDC_mythos | −0.210% | +0.0100% | 8h | $8K | — | 10x | as long as short |
| OKX MSFT-USDT-SWAP | −0.206% | 0.0000% | 8h | $3.0M | $898K | 20x | as long as short |
| SoDEX MSFT-USD | −0.202% | +0.0050% | 1h | $59K | $3K | 10x | as long as short |
| Gate MSFT_USDT | −0.200% | 0.0000% | 8h | $3.1M | $978K | 100x | as long as short |
| Aevo MSFT-PERP | −0.195% | +0.0104% | 1h | $54 | — | 10x | as long as short |
| HTX MSFT-USDTshort | −0.188% | 0.0000% | 8h | $58K | $230K | 20x | |
| Extended MSFT_24_5-USD | −0.186% | 0.0000% | 1h | $329K | $380K | 17x | as long as short |
| Bybit MSFTUSDT | −0.184% | 0.0000% | 8h | $7.2M | $949K | 100x | as long as short |
| Binance MSFTUSDT | −0.182% | 0.0000% | 8h | $15.7M | $12.1M | 20x | as long as short |
| BloFin MSFT-USDT | −0.170% | −0.0004% | 8h | $191K | $126K | 20x | as long as short |
| Bitget MSFTUSDT | −0.155% | 0.0000% | 8h | $3.8M | $1.5M | 100x | as long as short |
| Lighter MSFT | −0.153% | +0.0048% | 1h | $1.1M | $525K | 20x | as long as short |
| Phemex MSFTUSDT | −0.087% | 0.0000% | 8h | $2.1M | $428K | 10x | as long as short |
| SunX MSFT-USDTlong | 0.000% | 0.0000% | 8h | $6K | $3.5M | 20x |