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

MSTR

RWAall MSTR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0058%/8h= −6.4% APRnext payment $0.07 per $10,000 · paid last 24h −0.017%
Price spread now: Vest against Aevo+0.187%7-day average · you sell dearer than you buy
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVest: Active · farm boardneeds both histories
The price spread pays, funding is against you. Vest is 0.187% dearer against Aevo than usual: you sell high and buy low (spread +0.187% now, against zero (this spread has no 7-day history yet)): +$19 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 11 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo MSTR-PERP163.560.0104pay 0.0013% / 1h38m 42s$13610x
ShortVest MSTR-USD-PERP163.870.0046get 0.0006% / 1h38m 42s$1.8M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
−$12.25
Price spread: +0.187% → 0.000%
$18.69
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Vest: 1 bp × 2 orders
−$2
Net
−$11.56
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: Aevo: no order-book sample; Vest: 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
LegHalf-spread$10k$100k$1M$5M
Buy Aevo no order-book sample
Sell Vest no order-book sample
Aevo and Vest: 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
Bitget MSTRUSDT−0.0385%8h163.81+0.150%$29.5M$118.9M25xas long as short
Gate MSTR_USDT0.0000%8h163.76+0.120%$4.7M$19.5M50xas long as short
Phemex MSTRUSDT0.0000%4h163.79+0.138%$2.8M$82K10xas long as short
Extended MSTR_24_5-USD+0.0032%1h163.47−0.058%$502K$2.0M10xas long as short
Injective MSTR/USDC PERP+0.0033%1h169.34+3.531%$8K$26K30xas long as short
Arcus MSTR-USD+0.0040%1h164.02+0.279%$26K$113K10xas long as short
Vest MSTR-USD-PERPshort+0.0046%1h163.87+0.187%$1.8M25x
Polymarket Perps MSTR-USD+0.0050%1h163.81+0.150%$379K$2.7M10xas long as short
Ondo Perps MSTR-USD.P+0.0050%1h163.79+0.138%$868K$3.7M10xas long as short
SoDEX MSTR-USD+0.0064%1h163.72+0.095%$43K$3K10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX MSTR-USD+0.0067%1h163.76+0.120%$1.3M$7.1M10xas long as short
Aster MSTRUSDT+0.0078%8h163.69+0.074%$1.8M$8.7M50xas long as short
Pacifica MSTR+0.0100%1h163.65+0.051%$100K$89K10xas long as short
KuCoin MSTRUSDTM+0.0100%8h163.64+0.046%$2.4M$2.7M20xas long as short
ApeX Omni MSTRUSDT+0.0100%1h163.92+0.217%$5K$182K50xas long as short
Orderly PERP_MSTR_USDC_mythos+0.0100%8h163.70+0.083%$2K$13K10xas long as short
Lighter MSTR+0.0104%1h163.66+0.059%$3.5M$2.0M10xas long as short
Aevo MSTR-PERPlong+0.0104%1h163.56long leg$13610x
Coinbase International MSTR-PERP-INTX+0.0136%1h161.52−1.250%$1.4M$1.1M10xas long as short
Paradex MSTR-USD-PERP+0.0170%8h163.66+0.061%$655xas long as short
OKX MSTR-USDT-SWAP+0.0199%8h163.69+0.077%$20.9M$100.1M50xas long as short
Variational Omni MSTR+0.0202%8h164.04+0.293%$1.2M$2.0Mas long as short
Binance MSTRUSDT+0.0273%8h163.67+0.065%$84.3M$621.0M50xas long as short
GRVT MSTR_USDT_Perp+0.0283%8h164.14+0.352%$85K$849K10xas long as short
Nado MSTR-PERP+0.0321%1h163.72+0.096%$125K$165K3xas long as short
Phoenix MSTR+0.0357%1h164.20+0.388%$56K$223K10xas long as short
BloFin MSTR-USDT+0.0393%8h163.77+0.126%$1.0M$2.1M20xas long as short
Bybit MSTRUSDT+0.0416%8h163.73+0.101%$17.1M$41.7M50xas long as short
RISEx MSTR/USDC+0.0493%1h163.80+0.144%$266K$419K10xas long as short
tradeXYZ xyz:MSTR+0.0511%1h163.75+0.114%$54.1M$37.5M10xas long as short
Deribit MSTR_USDC-PERPETUAL+0.0790%1h163.69+0.077%$278K$437K10xas long as short
edgeX MSTRUSDC+0.0859%4h164.05+0.298%$46K$5.4M10xas long as short