MSFT funding rates

MSFT perpetual funding is currently quoted across 17 venues, ranging from -4.3% to +11.5% APR. The most reliable delta-neutral pairing for MSFT right now is long Variational / short Phoenix at +7.9% net APR (low risk, ~2d to break even).

as of 2026-10-27 21:43 UTC
Best delta-neutral pairing
Long Variational / Short Phoenix
+7.9% net APR
Backtested (30d)
+11.7%
Stability
81.9%
Risk
low
Breakeven
~2d

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
Phoenix+11.52%
TxFlow+10.95%
Ondo+5.52%
TradeXYZ+5.48%
Paradex+5.48%
Polymarket+5.47%
SoDEX+5.47%
Arcus+4.49%
Lighter RH+3.50%
Lighter+3.50%
QFEX+0.00%
Decibel+0.00%
Variational+0.00%
Aster+0.00%
Grvt+0.00%
Extended+0.00%
Nado-4.35%

Frequently asked

What is the MSFT funding rate right now?

MSFT perpetual funding ranges from -4.35% to 11.52% APR across 17 exchanges we track; the widest delta-neutral spread is long Variational / short Phoenix at 7.9% net APR.

Which exchange has the highest MSFT funding rate?

Phoenix currently has the highest at 11.52% APR. See the full ranking above.