Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.5% APRnext payment +$0.01 per $10,000 · paid last 24h +0.001%
Price spread now: SoDEX against Vest+0.012%48s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest MSFT-USD-PERP | 501.11 | 0.0046 | pay 0.0006% / 1h | 57m 30s | — | $1K | 25x |
| Short | SoDEX MSFT-USD | 501.17 | 0.0050 | get 0.0006% / 1h | 57m 30s | $60K | $3K | 10x |
Vest MSFT-USD-PERP
SoDEX MSFT-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX against Vest. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0.91
- Price spread: +0.012% → 0.000%
- $1.2
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$7.9
- Costs to cover
- 0.100%
- Break-even
- 67.9 days
Slippage unknown: Vest: no order-book sample; SoDEX: no order-book sample. 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 SoDEX no order-book sample | — | — | — | — | — |
Vest and SoDEX: 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 | −0.0451% | 4h | 501.22 | +0.023% | $102K | $244K | 10x | as long as short |
| Nado MSFT-PERP | −0.0130% | 1h | 501.20 | +0.019% | $414K | $64K | 20x | as long as short |
| Deribit MSFT_USDC-PERPETUAL | −0.0049% | 1h | 500.98 | −0.026% | $27K | $41K | 10x | as long as short |
| tradeXYZ xyz:MSFT | −0.0020% | 1h | 500.84 | −0.054% | $22.1M | $9.2M | 20x | as long as short |
| Coinbase International MSFT-PERP-INTX | −0.0016% | 1h | 500.76 | −0.070% | $684K | $449K | 10x | as long as short |
| Aster MSFTUSDT | 0.0000% | 8h | 501.41 | +0.060% | $161K | $116K | 20x | as long as short |
| Extended MSFT_24_5-USD | 0.0000% | 1h | 501.11 | +0.001% | $342K | $905K | 17x | as long as short |
| Binance MSFTUSDT | 0.0000% | 8h | 501.30 | +0.038% | $15.6M | $18.7M | 20x | as long as short |
| Bybit MSFTUSDT | 0.0000% | 8h | 501.12 | +0.002% | $7.4M | $1.6M | 100x | as long as short |
| OKX MSFT-USDT-SWAP | 0.0000% | 8h | 501.21 | +0.020% | $3.0M | $2.3M | 20x | as long as short |
edgeX MSFTUSDC
Nado MSFT-PERP
Deribit MSFT_USDC-PERPETUAL
tradeXYZ xyz:MSFT
Coinbase International MSFT-PERP-INTX
Aster MSFTUSDT
Extended MSFT_24_5-USD
Binance MSFTUSDT
Bybit MSFTUSDT
OKX MSFT-USDT-SWAPShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate MSFT_USDT | 0.0000% | 8h | 501.02 | −0.018% | $3.1M | $1.6M | 100x | as long as short |
| Bitget MSFTUSDT | 0.0000% | 8h | 501.37 | +0.052% | $3.8M | $2.1M | 100x | as long as short |
| Variational Omni MSFT | 0.0000% | 8h | 501.26 | +0.029% | $1.3M | $690K | — | as long as short |
| GRVT MSFT_USDT_Perp | 0.0000% | 8h | 501.25 | +0.028% | $18K | $292K | 10x | as long as short |
| SunX MSFT-USDT | 0.0000% | 8h | 502.08 | +0.194% | $6K | $4.1M | 20x | as long as short |
| HTX MSFT-USDT | 0.0000% | 8h | 501.23 | +0.024% | $58K | $227K | 20x | as long as short |
| Phemex MSFTUSDT | 0.0000% | 8h | 501.39 | +0.056% | $2.2M | $758K | 10x | as long as short |
| BloFin MSFT-USDT | +0.0029% | 8h | 501.24 | +0.026% | $188K | $205K | 20x | as long as short |
| Lighter RH MSFT | +0.0032% | 1h | 501.16 | +0.010% | $617K | $2.0M | 20x | as long as short |
| QFEX MSFT-USD | +0.0038% | 1h | 501.09 | −0.004% | $1.2M | $5.8M | 10x | as long as short |
| Arcus MSFT-USD | +0.0040% | 1h | 501.08 | −0.006% | $97K | $109K | 10x | as long as short |
| Vest MSFT-USD-PERPlong | +0.0046% | 1h | 501.11 | long leg | — | $1K | 25x | |
| Polymarket Perps MSFT-USD | +0.0050% | 1h | 500.81 | −0.060% | $302K | $672K | 10x | as long as short |
| SoDEX MSFT-USDshort | +0.0050% | 1h | 501.17 | +0.012% | $60K | $3K | 10x | |
| Ondo Perps MSFT-USD.P | +0.0050% | 1h | 500.78 | −0.066% | $514K | $503K | 15x | as long as short |
| Paradex MSFT-USD-PERP | +0.0051% | 8h | 501.12 | +0.002% | $220 | — | 5x | as long as short |
| Lighter MSFT | +0.0056% | 1h | 501.34 | +0.046% | $1.1M | $485K | 20x | as long as short |
| Hotstuff MSFT-PERP | +0.0056% | 1h | 500.84 | −0.054% | $32K | $8K | 20x | as long as short |
| Phoenix MSFT | +0.0080% | 1h | 500.90 | −0.042% | $10K | $15K | 20x | as long as short |
| KuCoin MSFTUSDTM | +0.0100% | 8h | 501.16 | +0.010% | $1.5M | $19K | 20x | as long as short |
| ApeX Omni MSFTUSDT | +0.0100% | 1h | 501.07 | −0.008% | $159K | $7K | 50x | as long as short |
| Orderly PERP_MSFT_USDC_mythos | +0.0100% | 8h | 501.19 | +0.016% | $8K | — | 10x | as long as short |
| Aevo MSFT-PERP | +0.0104% | 1h | 501.15 | +0.009% | $55 | — | 10x | as long as short |
| Injective MSFT/USDC PERP | +0.0220% | 1h | 501.54 | +0.086% | $115K | $45K | 30x | as long as short |
Gate MSFT_USDT
Bitget MSFTUSDT
Variational Omni MSFT
GRVT MSFT_USDT_Perp
SunX MSFT-USDT
HTX MSFT-USDT
Phemex MSFTUSDT
BloFin MSFT-USDT
Lighter RH MSFT
QFEX MSFT-USD
Arcus MSFT-USD
Polymarket Perps MSFT-USD
Ondo Perps MSFT-USD.P
Paradex MSFT-USD-PERP
Lighter MSFT
Hotstuff MSFT-PERP
Phoenix MSFT
KuCoin MSFTUSDTM
ApeX Omni MSFTUSDT
Orderly PERP_MSFT_USDC_mythos
Aevo MSFT-PERP
Injective MSFT/USDC PERP