MSFT

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0054%/8h= +5.9% APRnext payment +$0.07 per $10,000 · paid last 24h +0.016%

Price spread now: ApeX Omni against Vest−0.133%62s7-day average — · you buy dearer than you sell

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

Long on Vest Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 4 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. ApeX Omni is 0.133% cheaper against Vest than usual: you would sell low and buy high (spread −0.133% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 8.1 days of funding at the current rate (+$2 a day). The two prices were read 62 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	Vest MSFT-USD-PERP	504.96	0.0046	pay 0.0006% / 1h	56m 11s	—	$1K	25x
Short	ApeX Omni MSFTUSDT	504.29	0.0100	get 0.0013% / 1h	56m 11s	$161K	$7K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Vest. 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 VestbpFee ApeX OmnibpOrdersPrice spread, now −0.133%Rate

Funding earned: $11.41
Price spread: −0.133% → 0.000%: −$13.27
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$13.86
Costs to cover: 0.120%
Break-even: 15.5 days

Slippage unknown: Vest: no order-book sample; ApeX Omni: live order book, 35 min ago. 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 Vest no order-book sample	—	—	—	—	—
Sell ApeX Omni live order book, 35 min ago	5.06 bp	10.1 bp −$10	62.4 bp −$624	doesn't fit	doesn't fit

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	−0.0192%	4h	504.79	−0.034%	$103K	$242K	10x	as long as short
Coinbase International MSFT-PERP-INTX	−0.0032%	1h	504.59	−0.073%	$692K	$455K	10x	as long as short
Nado MSFT-PERP	−0.0009%	1h	504.52	−0.087%	$415K	$67K	20x	as long as short
Aster MSFTUSDT	0.0000%	8h	504.81	−0.030%	$162K	$114K	20x	as long as short
Extended MSFT_24_5-USD	0.0000%	1h	504.94	−0.004%	$326K	$1.9M	17x	as long as short
Binance MSFTUSDT	0.0000%	8h	505.08	+0.025%	$16.3M	$19.7M	20x	as long as short
Bybit MSFTUSDT	0.0000%	8h	504.71	−0.050%	$7.3M	$2.3M	100x	as long as short
OKX MSFT-USDT-SWAP	0.0000%	8h	505.18	+0.044%	$3.0M	$2.4M	20x	as long as short
Gate MSFT_USDT	0.0000%	8h	504.77	−0.038%	$3.1M	$1.8M	100x	as long as short
Bitget MSFTUSDT	0.0000%	8h	504.92	−0.008%	$3.9M	$2.8M	100x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni MSFT	0.0000%	8h	504.71	−0.049%	$1.3M	$394K	—	as long as short
SunX MSFT-USDT	0.0000%	8h	505.85	+0.176%	$6K	$3.5M	20x	as long as short
HTX MSFT-USDT	0.0000%	8h	504.99	+0.006%	$59K	$226K	20x	as long as short
Phemex MSFTUSDT	0.0000%	8h	505.37	+0.081%	$2.3M	$868K	10x	as long as short
Phoenix MSFT	+0.0016%	1h	504.40	−0.111%	$11K	$5K	20x	as long as short
BloFin MSFT-USDT	+0.0024%	8h	504.98	+0.004%	$191K	$207K	20x	as long as short
Lighter RH MSFT	+0.0032%	1h	504.83	−0.026%	$710K	$1.7M	20x	as long as short
Vest MSFT-USD-PERPlong	+0.0046%	1h	504.96	long leg	—	$1K	25x
Hotstuff MSFT-PERP	+0.0048%	1h	504.38	−0.115%	$33K	$8K	20x	as long as short
tradeXYZ xyz:MSFT	+0.0050%	1h	504.54	−0.083%	$22.5M	$9.0M	20x	as long as short
Polymarket Perps MSFT-USD	+0.0050%	1h	504.63	−0.065%	$304K	$650K	10x	as long as short
SoDEX MSFT-USD	+0.0050%	1h	504.87	−0.018%	$61K	$3K	10x	as long as short
Ondo Perps MSFT-USD.P	+0.0050%	1h	504.43	−0.105%	$537K	$374K	15x	as long as short
Arcus MSFT-USD	+0.0052%	1h	504.75	−0.042%	$93K	$115K	10x	as long as short
QFEX MSFT-USD	+0.0061%	1h	504.91	−0.010%	$1.2M	$4.6M	10x	as long as short
Paradex MSFT-USD-PERP	+0.0062%	8h	504.79	−0.034%	$222	—	5x	as long as short
Lighter MSFT	+0.0072%	1h	504.84	−0.024%	$1.2M	$472K	20x	as long as short
Deribit MSFT_USDC-PERPETUAL	+0.0087%	1h	504.74	−0.044%	$27K	$45K	10x	as long as short
GRVT MSFT_USDT_Perp	+0.0097%	8h	504.76	−0.040%	$19K	$312K	10x	as long as short
KuCoin MSFTUSDTM	+0.0100%	8h	504.35	−0.121%	$1.6M	$145K	20x	as long as short
ApeX Omni MSFTUSDTshort	+0.0100%	1h	504.29	−0.133%	$161K	$7K	50x
Orderly PERP_MSFT_USDC_mythos	+0.0100%	8h	504.81	−0.030%	$8K	—	10x	as long as short
Aevo MSFT-PERP	+0.0104%	1h	504.72	−0.047%	$56	—	10x	as long as short
Injective MSFT/USDC PERP	+0.0220%	1h	505.86	+0.178%	$116K	$45K	30x	as long as short