MSFT funding rates

MSFT perpetual funding is currently quoted across 18 venues, ranging from -0.9% to +10.9% APR. The most reliable delta-neutral pairing for MSFT right now is long Variational / short Decibel at +7.4% net APR (low risk, ~2.1d to break even).

as of 2026-09-12 14:51 UTC
Best delta-neutral pairing
Long Variational / Short Decibel
+7.4% net APR
Backtested (30d)
+12.5%
Stability
98.9%
Risk
low
Breakeven
~2.1d

Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.

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MSFT funding by exchange

ExchangeFunding APR
TxFlow+10.95%
Decibel+10.51%
Ondo+5.52%
TradeXYZ+5.48%
Paradex+5.48%
Polymarket+5.47%
SoDEX+5.47%
Phoenix+5.31%
Nado+4.52%
Arcus+4.18%
Lighter RH+3.50%
Lighter+3.50%
QFEX+0.00%
Variational+0.00%
Grvt+0.00%
Aster+0.00%
Extended+0.00%
HotStuff-0.88%

Frequently asked

What is the MSFT funding rate right now?

MSFT perpetual funding ranges from -0.88% to 10.95% APR across 18 exchanges we track; the widest delta-neutral spread is long Variational / short Decibel at 7.4% net APR.

Which exchange has the highest MSFT funding rate?

TxFlow currently has the highest at 10.95% APR. See the full ranking above.