PEGPAIR
Live—Index —

Microsoft · xStocks (Backed Assets (JE) Ltd)

MSFTx

Market open

Stock price

531.090

xstocks-api · 1s ago

On Solana

530.923

Last trade (Jupiter) · 18s ago

Gap

−0.03%

Token costs less · −3.1 bps

Trade MSFTx

no PegPair fee
Pay with
Amount
$
≈ 0.188351 shares
Slippage
You receive
—
At least
—
Price per share
—
vs stock price
—
Price impact
—
Route
—

Routed by Jupiter, signed in your wallet. PegPair never holds your keys or funds. Not advice.

Gap after costs, by trade size

-505$1K$5K$10K$25K$50K$100K$250K$500K$1M$2M
After Solana costsAfter stock spreadAfter all costsGap now

Bigger trades move the price more. Where the line crosses zero, the gap no longer pays.

Gap over the last 24 hours

-5005018:25Z00:24Z06:24Z12:24Z18:24Z

Bright: market hours. Grey: market closed. Shaded: normal spread.

Can the gap be closed?

Not right now

No verified hedge or redemption path.

See the full plan →
Costs at each size
SizeVenueImpactFeeRef ½ spreadHedgeBorrowFundingTime riskAt sizeNet
$1Kpartial—————————
$5Kpartial—————————
$10Kpartial—————————
$25Kpartial—————————
$50Kpartial—————————
$100Kpartial—————————
$250Kpartial—————————
$500Kpartial—————————
$1Mpartial—————————
$2Mpartial—————————

Costs in bps (100 bps = 1%). If any cost cannot be priced, net is left empty rather than guessed.

Price sources and pools

Stock price sources

pyth-onchain · oracle aggregate
513.135 · 8d
xstocks-api · issuer reference
531.090 · 1s
pyth-onchain rejected
stale: 714663s old
Divergence
—
Half spread
none (no bid/ask)

Solana pools

No readable pool for this token. Quotes come from Jupiter.
Token details
State
Market open
Multiplier (effective)
1.005903390
Stored field
1.004582091
Switch
2026-08-20 00:30:00Z
Paused
no
Breaker
clear

Token

Mint
XspzcW1PRtgf6Wj92HCiZdjzKCyFekVD8P5Ueh3dRMX
Token
Token-2022 · 8 dp
Tier
limited convergence
Hedge
observation only
Redemption
conditional
Borrow
none
Reviewed
2026-10-05
  • — Holder redemption exists only after issuer KYC and minimums; PegPair has no verified redemption path.
  • — No connected, verified hedge venue: hedge state is observation only.

History stats (market hours)

Marks
1451 (363 open)
σ (bps/√h)
49.97
Half-life
6.8 min
P90 convergence
28 min
Mean / stdev
-11.6 / 15.7

Issuer · xStocks (Backed Assets (JE) Ltd)

Tracker certificates issued by Backed Assets (JE) Limited (Jersey) under a base prospectus. Kraken announced an agreement to acquire Backed Finance AG on 2025-12-02; completion not verified.

Economic exposure only. No shareholder, voting or distribution rights, and no claim on the company's assets.

Holders may redeem directly with the issuer after KYC with a $5,000 minimum; otherwise exit through secondary markets. Redemption fee and timing are not published in machine-readable form.

Token-2022 ScaledUiAmount: UI amount = raw × multiplier. Dividends raise the multiplier, splits change it. New multipliers take effect at 00:30 UTC the day after the ex-date; issuer advises pausing about 15 minutes around the switch.