Spread before costs (cost unknown: a leg has no order-book sample)0.000%
7d average—if it closes, per $10,000$0funding while held, a day−$0.13
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:MSFT | 492.83 | 0.0050 | pay 0.0006% / 1h | 19m 27s | $21.9M | $7.3M | 20x |
| Short | Vest MSFT-USD-PERP | 492.83 | 0.0046 | get 0.0006% / 1h | 19m 27s | — | — | 25x |
tradeXYZ xyz:MSFT
Vest MSFT-USD-PERPPrice 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
- $0
- Funding while held
- −$0.13
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$20.13
- Spread needed to break even
- 0.200%
Slippage unknown: tradeXYZ: live order book, 11 min ago; Vest: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0004%
- Per $10,000 a day
- −$0.13
- 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 tradeXYZ live order book, 11 min ago | 0.20 bp | 9.2 bp −$9 | 11.5 bp −$115 | doesn't fit | 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 price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International492.16cheapestKuCoin492.64+0.098%Hotstuff492.71+0.112%Polymarket Perps492.79+0.128%Ondo Perps492.80+0.130%
Coinbase International
KuCoin
Hotstuff
Polymarket Perps
Ondo PerpstradeXYZ492.83+0.136%
Vest492.83+0.136%
Aster492.90+0.151%Nado492.94+0.159%Gate492.99+0.169%ApeX Omni493.03+0.177%Deribit493.04+0.179%HTX493.06+0.183%Phoenix493.08+0.187%Lighter RH493.10+0.191%edgeX493.11+0.194%Arcus493.12+0.195%Orderly493.12+0.195%Paradex493.13+0.196%Bybit493.15+0.201%Variational Omni493.15+0.202%SoDEX493.17+0.205%Extended493.19+0.210%QFEX493.21+0.213%BloFin493.21+0.213%Bitget493.22+0.215%Aevo493.23+0.218%OKX493.24+0.219%Binance493.25+0.222%Lighter493.29+0.230%Injective493.31+0.234%Phemex493.58+0.289%SunX494.00+0.374%
Aster
Nado
Gate
ApeX Omni
Deribit
HTX
Phoenix
Lighter RH
Arcus
Orderly
Paradex
Bybit
Variational Omni
SoDEX
Extended
QFEX
BloFin
Bitget
Aevo
OKX
Binance
Lighter
Injective
Phemex
SunXMSFT 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 | −0.136% | −0.0008% | 1h | $662K | $335K | 10x | as long as short |
| KuCoin MSFTUSDTM | −0.039% | +0.0100% | 8h | $1.4M | $7K | 20x | as long as short |
| Hotstuff MSFT-PERP | −0.024% | +0.0064% | 1h | $40K | — | 20x | as long as short |
| Polymarket Perps MSFT-USD | −0.008% | +0.0050% | 1h | $287K | $475K | 10x | as long as short |
| Ondo Perps MSFT-USD.P | −0.006% | +0.0050% | 1h | $535K | $376K | 15x | as long as short |
| tradeXYZ xyz:MSFTlong | 0.000% | +0.0050% | 1h | $21.9M | $7.3M | 20x | |
| Vest MSFT-USD-PERPshort | 0.000% | +0.0046% | 1h | — | — | 25x | |
| Aster MSFTUSDT | +0.015% | 0.0000% | 8h | $155K | $80K | 20x | as long as short |
| Nado MSFT-PERP | +0.022% | +0.0002% | 1h | $458K | $4K | 20x | as long as short |
| Gate MSFT_USDT | +0.032% | 0.0000% | 8h | $3.0M | $1.1M | 100x | as long as short |