Both legs are us equity perpetuals on Canborsa, settled in USDC.
Canborsa lists COIN at up to 10x and MSFT at up to 20x ; trading fees are 0.07% per side ( 0.14% round-trip) on both legs.
Both legs have their own market pages: Coinbase Global (COIN) market hub ›Microsoft (MSFT) market hub ›
Canborsa charges 0.07% per side (0.14% round trip) on every perpetual market, including Coinbase Global and Microsoft.
On Canborsa, Coinbase Global is listed as COIN and Microsoft as MSFT.
Coinbase Global and Microsoft are both US stocks on Canborsa.
Coinbase Global supports up to 10x leverage and Microsoft up to 20x on Canborsa.