MSFT funding rates and arbitrage
Updated 2026-10-29 14:11 UTC
Best MSFT arbitrage after every cost
No MSFT pair nets a profit at this size right now.
At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry.
MSFT funding rate on every exchange
| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| Crypto.com | MSFTUSD-PERP | 0.0025% | 1 h | +21.5% | +3.3% | $37.4K | 2026-10-29 15:00 |
| Nado | MSFT-PERP_USDT0 | 0.0020% | 1 h | +17.4% | — | $153.3K | 2026-10-29 15:00 |
| ApeX | MSFT-USDT | 0.0013% | 1 h | +10.9% | +10.7% | $2.3K | 2026-10-29 15:00 |
| TXFlow | MSFT-USDC | 0.0013% | 1 h | +10.9% | — | $83.8K | 2026-10-29 15:00 |
| Arcus | MSFT-USD | 0.0012% | 1 h | +10.5% | +5.1% | $360K | 2026-10-29 15:00 |
| Paradex | MSFT-USD-PERP | 0.0052% | 8 h | +5.6% | — | $231 | 2026-10-29 16:00 |
| Ondo Perps | MSFT-USD.P | 0.0006% | 1 h | +5.5% | — | $504.3K | 2026-10-29 15:00 |
| Hyperliquid | xyz:MSFT | 0.0006% | 1 h | +5.5% | +4.7% | $28.6M | 2026-10-29 15:00 |
| Lighter RH | MSFT | 0.0004% | 1 h | +3.5% | +3.4% | $4.6M | 2026-10-29 15:00 |
| Lighter | MSFT | 0.0004% | 1 h | +3.5% | +6.2% | $4.8M | 2026-10-29 15:00 |
| QFEX | MSFT-USD | 0.0003% | 1 h | +2.2% | — | $4.7M | 2026-10-29 15:00 |
| Bitunix | MSFTUSDT | 0.0007% | 8 h | +0.7% | +2.0% | — | 2026-10-29 16:00 |
| Phemex | MSFTUSDT | 0.0000% | 8 h | 0.0% | — | $469.9K | 2026-10-29 16:00 |
| KuCoin | MSFTUSDTM | 0.0000% | 8 h | 0.0% | +0.2% | $1M | 2026-10-29 16:00 |
| MEXC | MSFTSTOCK_USDT | 0.0000% | 8 h | 0.0% | +0.5% | $21.2M | 2026-10-29 16:00 |
| OKX | MSFT-USDT-SWAP | 0.0000% | 8 h | 0.0% | +0.6% | $4.4M | 2026-10-29 16:00 |
| Bitget | MSFTUSDT | 0.0000% | 8 h | 0.0% | 0.0% | $4.7M | 2026-10-29 16:00 |
| LBank | MSFTUSDT | 0.0000% | 8 h | 0.0% | — | — | 2026-10-29 16:00 |
| HTX | MSFT-USDT | 0.0000% | 8 h | 0.0% | 0.0% | $278.2K | 2026-10-29 16:00 |
| Bybit | MSFTUSDT | 0.0000% | 8 h | 0.0% | 0.0% | $12.3M | 2026-10-29 16:00 |
| GRVT | MSFT_USDT_Perp | 0.0000% | 8 h | 0.0% | +0.1% | $26K | 2026-10-29 16:00 |
| Phoenix | MSFT | 0.0000% | 1 h | 0.0% | +14.0% | — | 2026-10-29 15:00 |
| Aster | MSFTUSDT | 0.0000% | 8 h | 0.0% | +0.1% | $199K | 2026-10-29 16:00 |
| Variational | MSFT-PERP | 0.0000% | 8 h | 0.0% | — | $1.3M | 2026-10-29 16:00 |
| Binance | MSFTUSDT | 0.0000% | 8 h | 0.0% | +0.4% | $20.7M | 2026-10-29 16:00 |
| Gate | MSFT_USDT | 0.0000% | 8 h | 0.0% | 0.0% | $2.7M | 2026-10-29 16:00 |
| Extended | MSFT_24_5-USD | 0.0000% | 1 h | 0.0% | +1.2% | $229.3K | 2026-10-29 15:00 |
| BingX | NCSKMSFT2USD-USDT | -0.0050% | 8 h | −5.5% | −5.5% | $995.4K | 2026-10-29 16:00 |
| WhiteBIT | MSFT_PERP | -0.0100% | 8 h | −10.9% | +5.6% | $4.7M | 2026-10-29 16:00 |
Cost to enter $10,000 of MSFT
| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| Lighter RH | MSFT | 1.3 bp | order-book snapshot, 19 min old |
| Lighter | MSFT | 3.6 bp | order-book snapshot, 24 min old |
| Extended | MSFT_24_5-USD | 4.4 bp | order-book snapshot, 16 min old |
| MEXC | MSFTSTOCK_USDT | 4.8 bp | order-book snapshot, 52 min old |
| Hyperliquid | xyz:MSFT | 6.2 bp | order-book snapshot, 44 min old |
| Nado | MSFT-PERP_USDT0 | 7.1 bp | order-book snapshot, 19 min old |
| Binance | MSFTUSDT | 8.1 bp * | order-book snapshot, 3 min old |
| Bybit | MSFTUSDT | 8.8 bp | order-book snapshot, 59 min old |
| HTX | MSFT-USDT | 9.7 bp * | order-book snapshot, 50 min old |
| Bitget | MSFTUSDT | 11.6 bp | order-book snapshot, 54 min old |
| Aster | MSFTUSDT | 56.1 bp | order-book snapshot, 30 min old |
| BingX | NCSKMSFT2USD-USDT | 5.1 bp | top of book only |
Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees. * fee estimated: the exchange publishes no fee schedule without an account.
Questions
Is MSFT funding-rate arbitrage profitable right now?
Not at $10,000 per side for 7 days: no MSFT pair shows a verified profit after fees and order-book slippage right now. Rates change every hour; the live page re-ranks continuously.
Which exchange has the highest MSFT funding rate?
Crypto.com at +21.5% a year (0.0025% every 1 h); the lowest is WhiteBIT at −10.9%. A positive rate is paid by longs to shorts, a negative one by shorts to longs.
The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you.