Microsoft (MSFT) Funding Rate History
Microsoft (MSFT) perpetual futures funding ranges from -0.60 bps on HOTSTUFF to 2.90 bps on KUCOIN across 17 reporting venues, a spread of 3.50 bps. The most extreme rate (31.75% APY annualized) is on KUCOIN. Currently funding signs are mixed: 8 positive, 1 negative.
A non-zero funding rate spread between venues is the basis for delta-neutral funding arbitrage: long the cheaper-funding exchange and short the more expensive one to capture the spread without picking a side on MSFT price.
MSFT Per-Exchange Funding Rates
| Exchange | Current Funding (bps) | Funding APY | 7-Day Avg Funding (bps) | 24h Volume |
|---|---|---|---|---|
| KUCOIN | 2.90 bps | 31.75% APY | 5.00 bps | $455.25K |
| GATEIO | 1.00 bps | 10.95% APY | 7.10 bps | $373.52K |
| HUOBI | 1.00 bps | 10.95% APY | 1.00 bps | $263.47K |
| HOTSTUFF | -0.60 bps | -6.57% APY | -2.00 bps | $20.99K |
| TRADEXYZ | 0.50 bps | 5.47% APY | 1.80 bps | $5.86M |
| VEST | 0.50 bps | 5.47% APY | 0.50 bps | $339.09K |
| CRYPTOCOM | 0.50 bps | 5.47% APY | 4.00 bps | $3.82K |
| LIGHTER | 0.30 bps | 3.28% APY | 2.10 bps | $1.12M |
| EXTENDED | 0.30 bps | 3.28% APY | 1.60 bps | $724.54K |
| BINANCE | 0.00 bps | 0.00% APY | 2.00 bps | $6.78M |
| OKX | 0.00 bps | 0.00% APY | 2.20 bps | $2.81M |
| DREAMCASH | 0.00 bps | 0.00% APY | 1.90 bps | $1.19M |
| PHEMEX | 0.00 bps | 0.00% APY | 0.00 bps | $402.12K |
| GRVT | 0.00 bps | 0.00% APY | 1.90 bps | $371.87K |
| NADO | 0.00 bps | 0.00% APY | 0.50 bps | $101.35K |
| QFEX | 0.00 bps | 0.00% APY | 0.50 bps | $24.94K |
| ASTER | 0.00 bps | 0.00% APY | 0.60 bps | $23.66K |
Last updated 2026-06-06T18:46:21.780573Z (UTC).
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Related: MSFT open interest, MSFT volume, MSFT perp market data.