Funding you earn now, next payment 06:00 UTC−0.0054%/8h= −5.9% APRnext payment −$0.07 per $10,000 · paid last 24h −0.016%
Price spread now: Polymarket Perps against Aevo−0.051%7-day average — · you buy dearer than you sell
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
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Polymarket Perps is 0.051% cheaper against Aevo than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo MSTR-PERP | 162.94 | 0.0104 | pay 0.0013% / 1h | 16m 48s | $135 | — | 10x |
| Short | Polymarket Perps MSTR-USD | 162.86 | 0.0050 | get 0.0006% / 1h | 16m 48s | $376K | $2.7M | 10x |
Aevo MSTR-PERP
Polymarket Perps MSTR-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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
- −$11.34
- Price spread: −0.051% → 0.000%
- −$5.08
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$40.42
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; Polymarket Perps: live order book, 2 min ago. 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 Polymarket Perps live order book, 2 min ago | 2.15 bp | 6.2 bp −$6 | 8.6 bp −$86 | 12.0 bp −$1,202 | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget MSTRUSDT | −0.1303% | 8h | 163.06 | +0.072% | $27.2M | $118.3M | 25x | as long as short |
| Gate MSTR_USDT | 0.0000% | 8h | 162.89 | −0.032% | $4.7M | $19.7M | 50x | as long as short |
| Phemex MSTRUSDT | 0.0000% | 4h | 163.01 | +0.041% | $2.7M | $77K | 10x | as long as short |
| Aster MSTRUSDT | +0.0003% | 8h | 162.80 | −0.091% | $1.8M | $8.7M | 50x | as long as short |
| Vest MSTR-USD-PERP | +0.0021% | 1h | 162.55 | −0.241% | — | $1.8M | 25x | as long as short |
| Extended MSTR_24_5-USD | +0.0032% | 1h | 162.69 | −0.158% | $503K | $2.0M | 10x | as long as short |
| Injective MSTR/USDC PERP | +0.0033% | 1h | 169.34 | +3.926% | $8K | $26K | 30x | as long as short |
| Arcus MSTR-USD | +0.0040% | 1h | 162.60 | −0.210% | $26K | $109K | 10x | as long as short |
| Polymarket Perps MSTR-USDshort | +0.0050% | 1h | 162.86 | −0.051% | $376K | $2.7M | 10x | |
| Ondo Perps MSTR-USD.P | +0.0050% | 1h | 162.56 | −0.235% | $866K | $3.9M | 10x | as long as short |
Bitget MSTRUSDT
Gate MSTR_USDT
Phemex MSTRUSDT
Aster MSTRUSDT
Vest MSTR-USD-PERP
Extended MSTR_24_5-USD
Injective MSTR/USDC PERP
Arcus MSTR-USD
Ondo Perps MSTR-USD.PShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX MSTR-USD | +0.0054% | 1h | 162.84 | −0.063% | $1.3M | $7.3M | 10x | as long as short |
| SoDEX MSTR-USD | +0.0055% | 1h | 162.87 | −0.045% | $43K | $3K | 10x | as long as short |
| RISEx MSTR/USDC | +0.0088% | 1h | 162.97 | +0.014% | $264K | $443K | 10x | as long as short |
| Pacifica MSTR | +0.0100% | 1h | 162.83 | −0.068% | $100K | $83K | 10x | as long as short |
| KuCoin MSTRUSDTM | +0.0100% | 8h | 162.81 | −0.081% | $2.4M | $2.7M | 20x | as long as short |
| ApeX Omni MSTRUSDT | +0.0100% | 1h | 162.70 | −0.149% | $5K | $182K | 50x | as long as short |
| Orderly PERP_MSTR_USDC_mythos | +0.0100% | 8h | 162.91 | −0.020% | $4K | $9K | 10x | as long as short |
| Aevo MSTR-PERPlong | +0.0104% | 1h | 162.94 | long leg | $135 | — | 10x | |
| OKX MSTR-USDT-SWAP | +0.0105% | 8h | 162.85 | −0.057% | $20.6M | $100.4M | 50x | as long as short |
| Variational Omni MSTR | +0.0130% | 8h | 162.23 | −0.439% | $1.2M | $2.1M | — | as long as short |
| Paradex MSTR-USD-PERP | +0.0148% | 8h | 162.79 | −0.092% | $65 | — | 5x | as long as short |
| Lighter MSTR | +0.0152% | 1h | 162.92 | −0.014% | $3.5M | $2.0M | 10x | as long as short |
| Coinbase International MSTR-PERP-INTX | +0.0168% | 1h | 161.52 | −0.873% | $1.4M | $1.1M | 10x | as long as short |
| Binance MSTRUSDT | +0.0206% | 8h | 162.85 | −0.057% | $83.5M | $627.9M | 50x | as long as short |
| GRVT MSTR_USDT_Perp | +0.0222% | 8h | 162.79 | −0.092% | $79K | $857K | 10x | as long as short |
| tradeXYZ xyz:MSTR | +0.0300% | 1h | 162.82 | −0.075% | $54.1M | $37.2M | 10x | as long as short |
| BloFin MSTR-USDT | +0.0326% | 8h | 162.95 | +0.004% | $1.0M | $2.1M | 20x | as long as short |
| Nado MSTR-PERP | +0.0349% | 1h | 162.71 | −0.141% | $130K | $157K | 3x | as long as short |
| Phoenix MSTR | +0.0362% | 1h | 162.72 | −0.135% | $55K | $226K | 10x | as long as short |
| Bybit MSTRUSDT | +0.0378% | 8h | 162.84 | −0.063% | $16.7M | $41.9M | 50x | as long as short |
| Deribit MSTR_USDC-PERPETUAL | +0.0671% | 1h | 162.97 | +0.017% | $277K | $438K | 10x | as long as short |
| edgeX MSTRUSDC | +0.0737% | 4h | 162.33 | −0.375% | $45K | $5.4M | 10x | as long as short |
QFEX MSTR-USD
SoDEX MSTR-USD
RISEx MSTR/USDC
Pacifica MSTR
KuCoin MSTRUSDTM
ApeX Omni MSTRUSDT
Orderly PERP_MSTR_USDC_mythos
OKX MSTR-USDT-SWAP
Variational Omni MSTR
Paradex MSTR-USD-PERP
Lighter MSTR
Coinbase International MSTR-PERP-INTX
Binance MSTRUSDT
GRVT MSTR_USDT_Perp
tradeXYZ xyz:MSTR
BloFin MSTR-USDT
Nado MSTR-PERP
Phoenix MSTR
Bybit MSTRUSDT
Deribit MSTR_USDC-PERPETUAL
edgeX MSTRUSDC