Settings8H · net · $10k
Funding arb · Price arb /

MSTR

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h −0.001%
Price spread now: ApeX Omni against Aevo−0.164%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.164% cheaper against Aevo than usual: you would sell low and buy high, −$16 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo MSTR-PERP169.490.0104pay 0.0013% / 1h46m 42s$14110x
ShortApeX Omni MSTRUSDT169.210.0100get 0.0013% / 1h46m 42s$4K$357K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Aevo. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$0.84
Price spread: −0.164% → 0.000%
−$16.37
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$43.21
Costs to cover
0.260%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; ApeX Omni: live order book, 42 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aevo no order-book sample
Sell ApeX Omni live order book, 42 min ago2.96 bp40.5 bp −$40doesn't fitdoesn't fitdoesn't fit
Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

MSTR on 32 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster MSTRUSDT0.0000%8h169.47−0.010%$1.3M$6.1M50xas long as short
Gate MSTR_USDT0.0000%8h169.56+0.043%$4.8M$19.3M50xas long as short
Variational Omni MSTR0.0000%8h169.49+0.004%$1.2M$2.4Mas long as short
Phemex MSTRUSDT0.0000%4h169.54+0.031%$2.9M$65K10xas long as short
RISEx MSTR/USDC+0.0001%1h169.49+0.001%$276K$442K10xas long as short
GRVT MSTR_USDT_Perp+0.0004%8h169.42−0.038%$83K$875K10xas long as short
OKX MSTR-USDT-SWAP+0.0005%8h169.65+0.096%$22.1M$106.8M50xas long as short
BloFin MSTR-USDT+0.0032%8h169.61+0.072%$1.1M$1.8M20xas long as short
Extended MSTR_24_5-USD+0.0032%1h169.25−0.141%$583K$1.8M10xas long as short
Binance MSTRUSDT+0.0033%8h169.58+0.055%$89.5M$628.8M50xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado MSTR-PERP+0.0040%1h169.38−0.063%$140K$97K3xas long as short
Vest MSTR-USD-PERP+0.0046%1h169.61+0.072%$2.1M25xas long as short
QFEX MSTR-USD+0.0049%1h169.51+0.013%$1.5M$10.2M10xas long as short
Polymarket Perps MSTR-USD+0.0050%1h169.41−0.046%$393K$2.7M10xas long as short
SoDEX MSTR-USD+0.0050%1h169.49+0.001%$45K$3K10xas long as short
Ondo Perps MSTR-USD.P+0.0050%1h169.24−0.146%$782K$5.2M10xas long as short
Bitget MSTRUSDT+0.0055%8h169.60+0.066%$28.7M$120.6M25xas long as short
Coinbase International MSTR-PERP-INTX+0.0096%1h169.32−0.099%$1.5M$1.2M10xas long as short
Pacifica MSTR+0.0100%1h169.50+0.006%$105K$87K10xas long as short
KuCoin MSTRUSDTM+0.0100%8h169.35−0.081%$2.6M$2.8M20xas long as short
ApeX Omni MSTRUSDTshort+0.0100%1h169.21−0.164%$4K$357K50x
Orderly PERP_MSTR_USDC_mythos+0.0100%8h169.49+0.001%$3K$11K10xas long as short
Bybit MSTRUSDT+0.0100%8h169.58+0.055%$15.2M$40.5M50xas long as short
Injective MSTR/USDC PERP+0.0104%1h169.08−0.240%$13K$21K30xas long as short
Aevo MSTR-PERPlong+0.0104%1h169.49long leg$14110x
Lighter MSTR+0.0120%1h169.50+0.007%$3.6M$2.4M10xas long as short
Paradex MSTR-USD-PERP+0.0123%8h169.45−0.025%$685xas long as short
tradeXYZ xyz:MSTR+0.0172%1h169.48−0.004%$57.2M$37.5M10xas long as short
Phoenix MSTR+0.0260%1h169.50+0.010%$57K$392K10xas long as short
edgeX MSTRUSDC+0.0491%4h169.40−0.053%$47K$5.5M10xas long as short
Arcus MSTR-USD+0.0738%1h169.54+0.031%$27K$129K10xas long as short
Deribit MSTR_USDC-PERPETUAL+0.0754%1h169.54+0.031%$288K$438K10xas long as short