Funding you earn now, next payment 07:00 UTC−0.0071%/8h= −7.7% APRnext payment −$0.09 per $10,000 · paid last 24h +0.020%
Price spread now: Injective against Aevo+3.573%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Injective is 3.573% dearer against Aevo than usual: you sell high and buy low (spread +3.573% now, against zero (this spread has no 7-day history yet)): +$357 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 6 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo MSTR-PERP | 163.50 | 0.0104 | pay 0.0013% / 1h | 58m 41s | $136 | — | 10x |
| Short | Injective MSTR/USDC PERP | 169.34 | 0.0033 | get 0.0004% / 1h | 58m 41s | $8K | $26K | 30x |
Aevo MSTR-PERP
Injective MSTR/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Aevo. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$14.84
- Price spread: +3.573% → 0.000%
- $357.35
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $326.49
- Costs to cover
- 0.160%
- Break-even
- from the start
Slippage unknown: Aevo: no order-book sample; Injective: no order-book sample. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Aevo no order-book sample | — | — | — | — | — |
| Sell Injective no order-book sample | — | — | — | — | — |
Aevo and Injective: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget MSTRUSDT | −0.0926% | 8h | 163.85 | +0.216% | $28.7M | $119.1M | 25x | as long as short |
| Gate MSTR_USDT | 0.0000% | 8h | 163.76 | +0.161% | $4.7M | $19.5M | 50x | as long as short |
| Phemex MSTRUSDT | 0.0000% | 4h | 163.38 | −0.072% | $2.8M | $78K | 10x | as long as short |
| Aster MSTRUSDT | +0.0012% | 8h | 163.46 | −0.020% | $1.8M | $8.7M | 50x | as long as short |
| Extended MSTR_24_5-USD | +0.0032% | 1h | 163.51 | +0.011% | $511K | $2.0M | 10x | as long as short |
| Injective MSTR/USDC PERPshort | +0.0033% | 1h | 169.34 | +3.573% | $8K | $26K | 30x | |
| Arcus MSTR-USD | +0.0040% | 1h | 163.74 | +0.148% | $26K | $113K | 10x | as long as short |
| Vest MSTR-USD-PERP | +0.0042% | 1h | 163.42 | −0.047% | — | $1.8M | 25x | as long as short |
| edgeX MSTRUSDC | +0.0050% | 4h | 163.80 | +0.188% | $46K | $5.4M | 10x | as long as short |
| Polymarket Perps MSTR-USD | +0.0050% | 1h | 163.44 | −0.035% | $378K | $2.7M | 10x | as long as short |
Bitget MSTRUSDT
Gate MSTR_USDT
Phemex MSTRUSDT
Aster MSTRUSDT
Extended MSTR_24_5-USD
Arcus MSTR-USD
Vest MSTR-USD-PERP
edgeX MSTRUSDC
Polymarket Perps MSTR-USDShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX MSTR-USD | +0.0050% | 1h | 163.44 | −0.035% | $43K | $3K | 10x | as long as short |
| Ondo Perps MSTR-USD.P | +0.0050% | 1h | 163.64 | +0.087% | $845K | $3.9M | 10x | as long as short |
| Nado MSTR-PERP | +0.0052% | 1h | 163.32 | −0.110% | $130K | $157K | 3x | as long as short |
| QFEX MSTR-USD | +0.0054% | 1h | 163.48 | −0.011% | $1.3M | $7.3M | 10x | as long as short |
| Lighter MSTR | +0.0072% | 1h | 163.50 | +0.002% | $3.5M | $2.0M | 10x | as long as short |
| Pacifica MSTR | +0.0100% | 1h | 163.63 | +0.082% | $100K | $83K | 10x | as long as short |
| KuCoin MSTRUSDTM | +0.0100% | 8h | 163.57 | +0.044% | $2.4M | $2.7M | 20x | as long as short |
| ApeX Omni MSTRUSDT | +0.0100% | 1h | 163.66 | +0.099% | $5K | $182K | 50x | as long as short |
| Orderly PERP_MSTR_USDC_mythos | +0.0100% | 8h | 163.50 | +0.002% | $2K | $13K | 10x | as long as short |
| Aevo MSTR-PERPlong | +0.0104% | 1h | 163.50 | long leg | $136 | — | 10x | |
| OKX MSTR-USDT-SWAP | +0.0117% | 8h | 163.73 | +0.142% | $20.8M | $100.9M | 50x | as long as short |
| Paradex MSTR-USD-PERP | +0.0137% | 8h | 163.58 | +0.052% | $65 | — | 5x | as long as short |
| Variational Omni MSTR | +0.0141% | 8h | 163.71 | +0.133% | $1.2M | $2.1M | — | as long as short |
| Coinbase International MSTR-PERP-INTX | +0.0152% | 1h | 161.52 | −1.209% | $1.4M | $1.1M | 10x | as long as short |
| Binance MSTRUSDT | +0.0213% | 8h | 163.63 | +0.081% | $84.0M | $629.0M | 50x | as long as short |
| GRVT MSTR_USDT_Perp | +0.0226% | 8h | 163.78 | +0.174% | $83K | $865K | 10x | as long as short |
| tradeXYZ xyz:MSTR | +0.0232% | 1h | 163.57 | +0.044% | $54.2M | $37.5M | 10x | as long as short |
| BloFin MSTR-USDT | +0.0332% | 8h | 163.50 | +0.002% | $1.0M | $2.1M | 20x | as long as short |
| Phoenix MSTR | +0.0362% | 1h | 163.73 | +0.144% | $56K | $219K | 10x | as long as short |
| Bybit MSTRUSDT | +0.0372% | 8h | 163.68 | +0.112% | $16.8M | $41.8M | 50x | as long as short |
| RISEx MSTR/USDC | +0.0381% | 1h | 163.64 | +0.089% | $263K | $437K | 10x | as long as short |
| Deribit MSTR_USDC-PERPETUAL | +0.0729% | 1h | 163.55 | +0.032% | $278K | $438K | 10x | as long as short |
SoDEX MSTR-USD
Ondo Perps MSTR-USD.P
Nado MSTR-PERP
QFEX MSTR-USD
Lighter MSTR
Pacifica MSTR
KuCoin MSTRUSDTM
ApeX Omni MSTRUSDT
Orderly PERP_MSTR_USDC_mythos
OKX MSTR-USDT-SWAP
Paradex MSTR-USD-PERP
Variational Omni MSTR
Coinbase International MSTR-PERP-INTX
Binance MSTRUSDT
GRVT MSTR_USDT_Perp
tradeXYZ xyz:MSTR
BloFin MSTR-USDT
Phoenix MSTR
Bybit MSTRUSDT
RISEx MSTR/USDC
Deribit MSTR_USDC-PERPETUAL