Stocks perp · up to 100x · 28 venues

MSFT (Microsoft Corporation) perpetual futures

MSFT perpetual futures carry $73.1M in open interest across 28 venues, led by Binance with 28%. The contract is down 2.47% over 24 hours. Maximum leverage is 100x, on Ostium; open-interest-weighted funding is 1.2% annualized.

Get Real-Time MSFT Trade Alerts

Big position builds, funding swings and 10% days, by email. Unsubscribe in one click.

Follow on X

As of Nov 12, 02:59 UTC

Veranta, 170 markets
trade.xyz, 110 markets
Lighter, 209 markets
Aster, 578 markets
Paradex, 66 markets
Extended, 340 markets
QFEX, 237 markets
Vest Classic, 88 markets
Vest Markets, 64 markets
Orderly, 142 markets
Nado, 74 markets
Variational, 588 markets
edgeX, 157 markets
GRVT, 184 markets
Aevo, unavailable
gTrade, 178 markets
Ostium, 83 markets
OKX, 543 markets
Bitget, 930 markets
Gate, 1077 markets
MEXC, 1204 markets
HTX, 410 markets
KuCoin, 721 markets
Deribit, 144 markets
Phemex, 147 markets
Binance, 758 markets
WhiteBIT, 395 markets
Crypto.com, 414 markets
Kalshi, 86 markets

Overview Leverage & venues Funding Open interest Liquidations Volume & flow News & changes

$521.14Live

Loading the price chart.

MSFT at a glance

Open interest

Chart

$73.1M -13.2% 24h

Venue	Open interest	24h change
Binance	$20.6M
trade.xyz	$12.5M	-16.0%
MEXC	$12.2M	-25.2%
Bitget	$5.5M	-6.6%

Volume, 24h

Chart

$109.0M -7.4% d/d

Volume / OI: 1.49x
Nov 10, full day: $101.2M

Nov 6: $114.9M
Nov 7: $13.9M
Nov 8: $30.7M
Nov 9: $109.2M
Nov 10: $101.3M

Nov 6Daily volume, 5 daysNov 10

Funding

Chart

+1.2% a year

Widest venue gap: 90.2% long WhiteBIT, short edgeX
Paid over 24h, trade.xyz: +0.003% longs paid

Liquidations

Chart

$2.3K 24h

LongsShorts

Window	Longs liquidated against shorts liquidated	Amount
1h		recording
4h		recording
24h		recording
7d		recording

Taker flow

Chart

48% buys, 24h

BuysSells

Window	Taker buys against taker sells	Amount
1h		–
4h		–
24h		recording
7d		–

Long vs short

Accounts

52% long, large accounts

Long / short: $6.5M / $6.0M
Accounts: 22 long · 12 short (1.83 L/S)

Veranta, every trader: 49% long of $3.7K

Liquidity ±1%

No order book depth for this market.

Liquidations within 5%

Map

Longs, price down 5%: $0
Shorts, price up 5%: $2.1K

Heaviest short level: $2.1K near $532.21 (+2.1%)

Leverage

$1,000 at 10x: a $10,000 position, $100 per 1% move

Liquidation price: $470.32
Position: $10,000
Today at 10x: −$247
Hold a day: −$1.79

MSFT at 10x long by venue
Venue	Offers 10x	Liquidation	Room	Hold a day
Ostium	Yes	$470.32	−9.8%	−$1.79
Bitget	Yes	$471.38	−9.5%	$0.00
Gate	Yes	$471.38	−9.5%	$0.00
MEXC	Yes	$471.38	−9.5%	$0.00
Crypto.com	Yes	$473.76	−9.1%	−$9.91
Vest Classic	Yes	$478.59	−8.2%	−$1.37
Vest Markets	Yes	$478.59	−8.2%	−$1.37
trade.xyz	Yes	$481.05	−7.7%	−$1.50
Extended	Yes	$481.05	−7.7%	$0.00
QFEX	Yes	$481.05	−7.7%	+$0.33
Nado	Yes	$481.05	−7.7%	−$5.71
OKX	Yes	$481.05	−7.7%	$0.00
HTX	Yes	$481.05	−7.7%	$0.00
KuCoin	Yes	$481.05	−7.7%	$0.00
WhiteBIT	Yes	$481.05	−7.7%	+$3.00
Lighter	Yes	$483.53	−7.2%	−$0.96
Orderly	Yes	$493.71	−5.3%	−$3.00
edgeX	Yes	$493.71	−5.3%	−$21.72
Deribit	Yes	$493.71	−5.3%	−$3.04
Phemex	Yes	$493.71	−5.3%	$0.00

Below 10x:Veranta Paradex Kalshi gTrade Aster cap not publishedVariational cap not publishedGRVT cap not publishedBinance cap not published

Also at 10x

Every stock perp at 10x ›

MSFT perpetual market

Funding spread 90.2% · long WhiteBIT, short edgeX · Price dispersion 31.1 bps

Shorts pay Longs pay

Dimmed: 8 venues that cap below your 10x.


Binance · daily	MSFTUSDT	–	–	$20.6M	–	28%	$36.8M	1.79x	–	–
trade.xyz	xyz:MSFT	$520.55	-2.42%	$12.5M	-16.0%	17%	$34.2M	2.73x	+5.5%	20x
MEXC	MSFTSTOCK_USDT	$521.49	-2.45%	$12.2M	-25.2%	17%	$3.8M	0.31x	0.0%	100x
Bitget	MSFTUSDT	$521.43	-2.45%	$5.5M	-6.6%	7.5%	$4.1M	0.75x	0.0%	100x
OKX	MSFT-USDT-SWAP	$521.48	-2.46%	$4.7M	-1.3%	6.4%	$6.8M	1.46x	0.0%	20x
Gate	MSFT_USDT	$521.18	-2.41%	$4.0M	-9.8%	5.4%	$2.6M	0.66x	0.0%	100x
WhiteBIT	MSFT_PERP	$521.74	-2.45%	$3.5M	-6.9%	4.8%	$1.7M	0.49x	-10.9%	20x
Lighter	MSFT	$520.75	-2.71%	$2.8M	-3.3%	3.9%	$5.7M	2.00x	+3.5%	20x
Variational	MSFT	$520.83	-2.45%	$1.8M	-0.5%	2.5%	$535.9K	0.29x	0.0%	–
QFEX	MSFT-USD	$520.66	-2.48%	$1.6M	+6.2%	2.1%	$3.0M	1.92x	-1.2%	20x
KuCoin	MSFTUSDTM	$521.32	-2.43%	$986.5K	-3.7%	1.3%	$397.1K	0.40x	0.0%	20x
Phemex	MSFTUSDT	$520.95	-2.50%	$830.9K	-22.2%	1.1%	$982.0K	1.18x	0.0%	10x
HTX	MSFT-USDT	$521.26	-2.45%	$440.6K	-2.2%	0.6%	$145.8K	0.33x	0.0%	20x
Deribit	MSFT_USDC-PERPETUAL	$520.92	-2.44%	$380.3K	-13.0%	0.5%	$1.2M	3.03x	+11.1%	10x
Aster	MSFTUSDT	$521.42	-2.60%	$233.4K	-35.4%	0.3%	$374.4K	1.60x	0.0%	–
Vest Classic	MSFT-USD-PERP	$520.67	-2.43%	$227.1K	+148.0%	0.3%	$442.1K	1.95x	+5.0%	25x
Extended	MSFT_24_5-USD	$520.84	-2.44%	$223.2K	-1.3%	0.3%	$5.2M	23.18x	0.0%	20x
Nado	MSFT-PERP	$521.46	-2.45%	$210.4K	-2.8%	0.3%	$74.6K	0.35x	+20.8%	20x
edgeX	MSFTUSDC	$520.98	-2.44%	$122.6K	-1.8%	0.2%	$258.9K	2.11x	+79.3%	10x
Crypto.com	MSFTUSD-PERP	$520.26	-2.76%	$80.3K	-2.3%	0.1%	$5.8K	0.07x	+36.2%	50x
GRVT	MSFT_USDT_Perp	$521.24	-2.48%	$31.3K	+3.5%	<0.1%	$261.7K	8.36x	0.0%	–
Orderly	PERP_MSFT_USDC_mythos	$520.92	-2.42%	$26.5K	-2.4%	<0.1%	$78.7K	2.96x	+10.9%	10x
Kalshi	KXMSFTPERP	$520.12	-2.58%	$24.2K	+10.7%	<0.1%	$167.0K	6.89x	0.0%	5x
Ostium	MSFT/USD	–	–	$9.1K	-2.3%	<0.1%	not published	–	0.0%	100x
Veranta	MSFT/USD	–	–	$3.7K	+6.8%	<0.1%	not published	–	+5.5%	5x
gTrade	MSFT/USD	$520.76	-2.33%	$381	-2.3%	<0.1%	not published	–	0.0%	4x
Paradex	MSFT-USD-PERP	$520.89	-2.44%	$229	-2.4%	<0.1%	$0	0.00x	+5.5%	5x
Vest Markets	MSFT-USD-PERP	$520.77	-2.47%	–	–	–	$90.7K	–	+5.0%	25x
All venues		$521.14	-2.47%	$73.1M	-13.2%	100%	$109.0M	1.49x	+1.2%	100x

Veranta positioning

Long pays: +5.5%
Short pays: -5.5%
Open interest: $3.7K
Max: 5x

Every Veranta market ›

MSFT funding rate

MSFT funding is +1.2% a year, weighted by open interest across 28 venues, with 90.2% between the highest and lowest venue.

MSFT funding settlements, 7 days

Veranta

Latest settled +5.5% APR · hourly

3 settlements beyond the shared scale, drawn at the edge.

trade.xyz

Latest settled +5.5% APR · hourly

4 settlements beyond the shared scale, drawn at the edge.

Lighter

Latest settled +3.5% APR · hourly

2 settlements beyond the shared scale, drawn at the edge.

Aster

Latest settled 0.0% APR · every 8h

Paradex

Latest settled +5.5% APR · every 8h

2 settlements beyond the shared scale, drawn at the edge.

Extended

Latest settled 0.0% APR · hourly

QFEX

Latest settled 0.0% APR · hourly

Vest Classic

Latest settled +5.0% APR · hourly

Vest Markets

Latest settled +5.0% APR · hourly

Orderly

Latest settled +10.9% APR · every 8h

Nado

Latest settled +23.7% APR · hourly

9 settlements beyond the shared scale, drawn at the edge.

Variational

Latest settled 0.0% APR · every 8h

edgeX

Latest settled +15.5% APR · every 4h

26 settlements beyond the shared scale, drawn at the edge.

GRVT

Latest settled 0.0% APR · every 8h

gTrade

Latest settled 0.0% APR · hourly

Ostium

Latest settled 0.0% APR · hourly

OKX

Latest settled 0.0% APR · every 8h

Bitget

Latest settled 0.0% APR · every 8h

Gate

Latest settled 0.0% APR · every 8h

MEXC

Latest settled 0.0% APR · every 8h

HTX

Latest settled 0.0% APR · every 8h

KuCoin

Latest settled 0.0% APR · every 8h

Deribit

Latest settled +9.1% APR · hourly

7 settlements beyond the shared scale, drawn at the edge.

Phemex

Latest settled 0.0% APR · every 8h

WhiteBIT

Latest settled -10.9% APR · every 8h

2 settlements beyond the shared scale, drawn at the edge.

Crypto.com

Latest settled +36.2% APR · hourly

28 settlements beyond the shared scale, drawn at the edge.

Kalshi

Latest settled 0.0% APR · every 24h

Venue	Settlements	7-day avg APR	Lowest	Highest	Longs paid
Veranta	168	+2.7%	-26.5%	+68.3%	73% of hours
trade.xyz	168	+2.4%	-116.9%	+139.7%	74% of hours
Lighter	168	+4.1%	-88.5%	+126.1%	97% of hours
Aster	21	0.0%	0.0%	0.0%	0% of hours
Paradex	168	+6.0%	-31.7%	+53.0%	98% of hours
Extended	168	-0.1%	-13.1%	0.0%	0% of hours
QFEX	168	+0.4%	-17.5%	+8.8%	38% of hours
Vest Classic	168	+5.0%	+3.4%	+5.0%	100% of hours
Vest Markets	168	+5.0%	+3.9%	+5.0%	100% of hours
Orderly	30	+10.8%	+8.9%	+11.0%	100% of hours
Nado	168	+9.8%	-66.0%	+106.3%	81% of hours
Variational	168	-0.1%	-9.7%	0.0%	0% of hours
edgeX	47	-43.8%	-108.6%	+101.2%	8% of hours
GRVT	30	0.0%	0.0%	0.0%	0% of hours
gTrade	168	0.0%	0.0%	0.0%	0% of hours
Ostium	168	0.0%	0.0%	0.0%	0% of hours
OKX	30	0.0%	0.0%	0.0%	0% of hours
Bitget	30	0.0%	0.0%	0.0%	0% of hours
Gate	30	0.0%	-0.3%	0.0%	0% of hours
MEXC	30	0.0%	0.0%	0.0%	0% of hours
HTX	30	0.0%	0.0%	0.0%	0% of hours
KuCoin	30	+0.1%	-2.5%	+4.7%	5% of hours
Deribit	168	+8.0%	-7.6%	+32.7%	85% of hours
Phemex	23	0.0%	0.0%	0.0%	0% of hours
WhiteBIT	168	-6.3%	-42.5%	+10.9%	24% of hours
Crypto.com	165	-7.4%	-59.0%	+36.2%	45% of hours
Kalshi	12	0.0%	0.0%	0.0%	0% of hours

MSFT liquidation map

Current price $521.46. Hover or use the arrow keys to read a level.

MSFT: the levels with the most liquidations within ±10%, among the positions read
Price range	Longs	Shorts
$477.14 to $478.44	$199.5K	$0
$473.22 to $474.53	$60.2K	$0
$490.17 to $491.48	$53.9K	$0
$479.74 to $481.05	$9.8K	$0
$559.27 to $560.57	$0	$3.7K
$531.89 to $533.19	$0	$2.1K

233 accounts on trade.xyz · $11.6M long · $12.5M short · Nov 12, 02:00 UTC

MSFT liquidation heatmap ›

MSFT liquidation history

MSFT long and short liquidations by venue.

MSFT volume and order flow

$109.0M of MSFT traded in the last 24 hours across 28 venues.

MSFT order book and taker flow

trade.xyz

Window	Taker buys	Taker sells	Net	Buy share
1 hour	–	–	–	–
4 hours	–	–	–	–
12 hours	–	–	–	–
24 hours	$23.5M	$25.9M	−$2.4M	48%
3 days	$68.9M	$71.4M	−$2.5M	49%
7 days	–	–	–	–

MSFT large trades, 7 days

Trades over $100K · liquidations over $10K

Time	Venue	Trade	Size	Price
Nov 11, 18:26 UTC	trade.xyz	Taker buy	$103.5K	$522.43
Nov 11, 17:19 UTC	trade.xyz	Taker buy	$208.3K	$520.80
Nov 11, 17:15 UTC	trade.xyz	Taker sell	$518.7K	$521.30
Nov 11, 17:14 UTC	trade.xyz	Taker sell	$104.3K	$521.50
Nov 11, 16:53 UTC	trade.xyz	Taker buy	$190.5K	$519.00
Nov 11, 16:49 UTC	trade.xyz	Taker buy	$241.6K	$519.00
Nov 11, 16:45 UTC	trade.xyz	Taker buy	$128.9K	$519.30
Nov 11, 15:51 UTC	trade.xyz	Taker sell	$153.7K	$523.13
Nov 11, 15:25 UTC	trade.xyz	Taker sell	$100.0K	$520.62
Nov 11, 12:42 UTC	trade.xyz	Taker buy	$301.1K	$535.78

MSFT news

Loading the latest MSFT headlines.

MSFT listing and leverage changes

When	Venue	Change
Oct 23, 2026 to Nov 11, 2026	gTrade MSFT/USD	Max leverage moves between 4x and 50x (28 changes), now 4x
Oct 23, 2026 to Nov 11, 2026	Veranta MSFT/USD	Max leverage moves between 5x and 25x (19 changes), now 5x
Nov 6, 2026	Kalshi KXMSFTPERP	Max leverage changed from 4.9628x to 5.0x
Oct 28, 2026	QFEX MSFT-USD	Max leverage changed from 10.0x to 20.0x
Oct 27, 2026	Polymarket Perps MSFT-USD	Delisted

MSFT at a glance

MSFT at your leverage

MSFT perpetual market

MSFT funding rate

MSFT funding settlements, 7 days

Veranta

trade.xyz

Lighter

Aster

Paradex

Extended

QFEX

Vest Classic

Vest Markets

Orderly

Nado

Variational

edgeX

GRVT

gTrade

Ostium

OKX

Bitget

Gate

MEXC

HTX

KuCoin

Deribit

Phemex

WhiteBIT

Crypto.com

Kalshi

MSFT open interest

MSFT liquidation map

MSFT liquidation history

MSFT volume and order flow

MSFT order book and taker flow

MSFT large trades, 7 days

MSFT news

MSFT listing and leverage changes

More on MSFT