MSFT

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0046%/8h= −5.0% APRnext payment −$0.06 per $10,000 · paid last 24h −0.005%

Price spread now: Extended against Vest+0.026%7-day average — · you sell dearer than you buy

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

Long on Vest Short on Extended

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 · Extended: Active · farm boardneeds both histories

The price spread pays, funding is against you. Extended is 0.026% dearer against Vest than usual: you sell high and buy low (spread +0.026% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 46 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest MSFT-USD-PERP	501.91	0.0046	pay 0.0006% / 1h	23m 59s	—	$1K	25x
Short	Extended MSFT_24_5-USD	502.04	0	get 0.0000% / 1h	23m 59s	$337K	$404K	17x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now +0.026%Rate

Funding earned: −$9.59
Price spread: +0.026% → 0.000%: $2.63
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$13.96
Costs to cover: 0.070%
Break-even: never at this rate

Slippage unknown: Vest: no order-book sample; Extended: live order book, 58 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 Extended live order book, 58 min ago	0.60 bp	5.7 bp −$6	22.1 bp −$221	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
BloFin MSFT-USDT	−0.0021%	8h	502.12	+0.042%	$188K	$210K	20x	as long as short
Aster MSFTUSDT	0.0000%	8h	502.17	+0.052%	$161K	$116K	20x	as long as short
Extended MSFT_24_5-USDshort	0.0000%	1h	502.04	+0.026%	$337K	$404K	17x
Binance MSFTUSDT	0.0000%	8h	502.14	+0.046%	$15.7M	$19.2M	20x	as long as short
OKX MSFT-USDT-SWAP	0.0000%	8h	502.24	+0.066%	$3.0M	$2.3M	20x	as long as short
Gate MSFT_USDT	0.0000%	8h	501.91	0.000%	$3.1M	$1.6M	100x	as long as short
Variational Omni MSFT	0.0000%	8h	502.08	+0.033%	$1.3M	$708K	—	as long as short
GRVT MSFT_USDT_Perp	0.0000%	8h	502.05	+0.028%	$19K	$318K	10x	as long as short
SunX MSFT-USDT	0.0000%	8h	502.95	+0.207%	$6K	$4.3M	20x	as long as short
Deribit MSFT_USDC-PERPETUAL	0.0000%	1h	501.81	−0.020%	$27K	$104K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International MSFT-PERP-INTX	0.0000%	1h	501.58	−0.066%	$688K	$449K	10x	as long as short
HTX MSFT-USDT	0.0000%	8h	501.89	−0.004%	$58K	$228K	20x	as long as short
Phemex MSFTUSDT	0.0000%	8h	502.25	+0.068%	$2.2M	$761K	10x	as long as short
Bitget MSFTUSDT	+0.0003%	8h	502.17	+0.052%	$3.8M	$2.2M	100x	as long as short
Bybit MSFTUSDT	+0.0019%	8h	502.22	+0.062%	$7.4M	$1.7M	100x	as long as short
Nado MSFT-PERP	+0.0026%	1h	501.93	+0.004%	$414K	$64K	20x	as long as short
Lighter RH MSFT	+0.0032%	1h	501.98	+0.014%	$652K	$2.1M	20x	as long as short
QFEX MSFT-USD	+0.0040%	1h	502.03	+0.024%	$1.1M	$5.8M	10x	as long as short
Vest MSFT-USD-PERPlong	+0.0046%	1h	501.91	long leg	—	$1K	25x
tradeXYZ xyz:MSFT	+0.0050%	1h	501.71	−0.040%	$22.3M	$9.7M	20x	as long as short
Polymarket Perps MSFT-USD	+0.0050%	1h	501.71	−0.040%	$306K	$676K	10x	as long as short
SoDEX MSFT-USD	+0.0050%	1h	502.03	+0.024%	$60K	$3K	10x	as long as short
Ondo Perps MSFT-USD.P	+0.0050%	1h	501.74	−0.034%	$529K	$494K	15x	as long as short
Paradex MSFT-USD-PERP	+0.0061%	8h	502.10	+0.038%	$221	—	5x	as long as short
Phoenix MSFT	+0.0080%	1h	501.88	−0.006%	$10K	$15K	20x	as long as short
KuCoin MSFTUSDTM	+0.0100%	8h	501.48	−0.086%	$1.5M	$19K	20x	as long as short
ApeX Omni MSFTUSDT	+0.0100%	1h	501.89	−0.004%	$160K	$7K	50x	as long as short
Orderly PERP_MSFT_USDC_mythos	+0.0100%	8h	502.04	+0.026%	$8K	—	10x	as long as short
Hotstuff MSFT-PERP	+0.0104%	1h	501.70	−0.042%	$32K	$8K	20x	as long as short
Aevo MSFT-PERP	+0.0104%	1h	502.11	+0.040%	$55	—	10x	as long as short
Lighter MSFT	+0.0152%	1h	502.12	+0.042%	$1.1M	$590K	20x	as long as short
Arcus MSFT-USD	+0.0200%	1h	502.04	+0.026%	$98K	$109K	10x	as long as short
Injective MSFT/USDC PERP	+0.0220%	1h	502.17	+0.052%	$115K	$45K	30x	as long as short
edgeX MSFTUSDC	+0.0633%	4h	502.01	+0.020%	$102K	$242K	10x	as long as short