Spread before costs (cost unknown: a leg has no order-book sample)+0.012%
7d average—if it closes, per $10,000$1funding while held, a day+$0.14
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest MSFT-USD-PERP | 491.72 | 0.0046 | pay 0.0006% / 1h | 26m 19s | — | — | 25x |
| Short | Ondo Perps MSFT-USD.P | 491.78 | 0.0050 | get 0.0006% / 1h | 26m 19s | $533K | $374K | 15x |
Vest MSFT-USD-PERP
Ondo Perps MSFT-USD.PPrice 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
- $1.22
- Funding while held
- $0.14
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$5.64
- Spread needed to break even
- 0.070%
Slippage unknown: Vest: no order-book sample; Ondo Perps: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0005%
- Per $10,000 a day
- +$0.14
- 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 Vest no order-book sample | — | — | — | — | — |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Vest and Ondo Perps: 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.Hotstuff491.36cheapestDeribit491.63+0.055%KuCoin491.66+0.061%
Hotstuff
Deribit
KuCoinVest491.72+0.073%
HTX491.72+0.073%ApeX Omni491.74+0.077%Polymarket Perps491.76+0.081%Phoenix491.76+0.081%
HTX
ApeX Omni
Polymarket Perps
PhoenixOndo Perps491.78+0.085%
tradeXYZ491.80+0.090%SoDEX491.81+0.092%Nado491.88+0.106%Gate492.02+0.134%BloFin492.04+0.138%Orderly492.06+0.142%Lighter RH492.08+0.147%OKX492.08+0.147%Bitget492.10+0.151%Paradex492.11+0.152%Aevo492.12+0.154%Aster492.12+0.155%Arcus492.15+0.161%Extended492.16+0.163%QFEX492.17+0.165%Lighter492.19+0.169%Binance492.22+0.176%Bybit492.23+0.177%edgeX492.25+0.181%Phemex492.45+0.222%Variational Omni492.52+0.236%Injective492.52+0.236%SunX492.67+0.267%Coinbase International493.01+0.336%
tradeXYZ
SoDEX
Nado
Gate
BloFin
Orderly
Lighter RH
OKX
Bitget
Paradex
Aevo
Aster
Arcus
Extended
QFEX
Lighter
Binance
Bybit
Phemex
Variational Omni
Injective
SunX
Coinbase InternationalMSFT on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Hotstuff MSFT-PERP | −0.073% | 0.0000% | 1h | $40K | — | 20x | as long as short |
| Deribit MSFT_USDC-PERPETUAL | −0.018% | +0.0015% | 1h | $27K | $105K | 10x | as long as short |
| KuCoin MSFTUSDTM | −0.012% | +0.0100% | 8h | $1.4M | $7K | 20x | as long as short |
| Vest MSFT-USD-PERPlong | 0.000% | +0.0046% | 1h | — | — | 25x | |
| HTX MSFT-USDT | 0.000% | 0.0000% | 8h | $57K | $229K | 20x | as long as short |
| ApeX Omni MSFTUSDT | +0.004% | +0.0100% | 1h | $157K | $7K | 50x | as long as short |
| Polymarket Perps MSFT-USD | +0.008% | +0.0050% | 1h | $287K | $472K | 10x | as long as short |
| Phoenix MSFT | +0.008% | +0.0065% | 1h | $10K | $15K | 20x | as long as short |
| Ondo Perps MSFT-USD.Pshort | +0.012% | +0.0050% | 1h | $533K | $374K | 15x | |
| tradeXYZ xyz:MSFT | +0.016% | +0.0050% | 1h | $21.9M | $7.3M | 20x | as long as short |