MSTR

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0116%/8h= +12.7% APRnext payment +$0.14 per $10,000 · paid last 24h +0.004%

Price spread now: Nado against ApeX Omni+0.068%61s7-day average −0.010% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1321.319% of the position

Long on ApeX Omni Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.135%−$13 on $10k

Price spread, last 4 days (all we have)+0.076%+$8 · spread now +0.068%, 7d avg −0.010%

Together, before fees−0.058%+ Points / potential airdropNado: Active · farm board−$6 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Nado is 0.078% dearer against ApeX Omni than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.010%. Mind the row above: over the last 3 days funding on this pair cost −0.135%, so the current rate has only just turned in your favour. The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni MSTRUSDT	165.40	0.0100	pay 0.0013% / 1h	11m 45s	$4K	$184K	50x
Short	Nado MSTR-PERP	165.51	0.0216	get 0.0027% / 1h	11m 45s	$122K	$148K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against ApeX Omni. 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

Position, each leg$Hold fordaysFee ApeX OmnibpFee NadobpOrdersPrice spread, now +0.068%Rate

Funding earned: $24.33
Price spread: +0.068% → −0.010%: $7.85
Slippage, 4 orders: −$114.92
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$99.74
Costs to cover: 1.319%
Break-even: 35.7 days

Slippage from ApeX Omni: live order book, 62 min ago; Nado: live order book, 51 min ago.

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 ApeX Omni live order book, 62 min ago	3.03 bp	34.5 bp −$35	doesn't fit	doesn't fit	doesn't fit
Sell Nado live order book, 51 min ago	6.99 bp	30.2 bp −$30	92.1 bp −$921	doesn't fit	doesn't fit

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	−0.0932%	8h	165.65	+0.151%	$27.8M	$114.6M	25x	as long as short
Aster MSTRUSDT	0.0000%	8h	165.46	+0.037%	$1.9M	$8.5M	50x	as long as short
Gate MSTR_USDT	0.0000%	8h	165.58	+0.109%	$4.6M	$18.7M	50x	as long as short
Phemex MSTRUSDT	0.0000%	4h	165.50	+0.060%	$2.8M	$72K	10x	as long as short
OKX MSTR-USDT-SWAP	+0.0001%	8h	165.57	+0.103%	$20.8M	$100.1M	50x	as long as short
Lighter MSTR	+0.0032%	1h	165.50	+0.060%	$3.5M	$1.9M	10x	as long as short
Extended MSTR_24_5-USD	+0.0032%	1h	165.39	−0.006%	$598K	$1.9M	10x	as long as short
Injective MSTR/USDC PERP	+0.0033%	1h	169.34	+2.382%	$8K	$26K	30x	as long as short
Variational Omni MSTR	+0.0040%	8h	165.67	+0.165%	$1.2M	$2.1M	—	as long as short
Arcus MSTR-USD	+0.0040%	1h	165.57	+0.103%	$27K	$110K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest MSTR-USD-PERP	+0.0046%	1h	165.68	+0.169%	—	$1.7M	25x	as long as short
tradeXYZ xyz:MSTR	+0.0050%	1h	165.45	+0.030%	$55.1M	$36.8M	10x	as long as short
Polymarket Perps MSTR-USD	+0.0050%	1h	165.50	+0.060%	$383K	$2.7M	10x	as long as short
Ondo Perps MSTR-USD.P	+0.0050%	1h	165.39	−0.006%	$882K	$4.1M	10x	as long as short
QFEX MSTR-USD	+0.0060%	1h	165.53	+0.079%	$1.4M	$7.5M	10x	as long as short
SoDEX MSTR-USD	+0.0080%	1h	165.52	+0.073%	$44K	$3K	10x	as long as short
Pacifica MSTR	+0.0100%	1h	165.46	+0.035%	$101K	$84K	10x	as long as short
KuCoin MSTRUSDTM	+0.0100%	8h	165.44	+0.024%	$2.4M	$2.7M	20x	as long as short
ApeX Omni MSTRUSDTlong	+0.0100%	1h	165.40	long leg	$4K	$184K	50x
Orderly PERP_MSTR_USDC_mythos	+0.0100%	8h	165.52	+0.073%	$3K	$8K	10x	as long as short
Aevo MSTR-PERP	+0.0104%	1h	165.54	+0.086%	$137	—	10x	as long as short
Binance MSTRUSDT	+0.0109%	8h	165.57	+0.101%	$88.2M	$616.6M	50x	as long as short
Paradex MSTR-USD-PERP	+0.0134%	8h	165.57	+0.104%	$66	—	5x	as long as short
GRVT MSTR_USDT_Perp	+0.0161%	8h	165.55	+0.088%	$75K	$749K	10x	as long as short
Coinbase International MSTR-PERP-INTX	+0.0200%	1h	165.51	+0.067%	$1.4M	$1.1M	10x	as long as short
Nado MSTR-PERPshort	+0.0216%	1h	165.51	+0.068%	$122K	$148K	3x
BloFin MSTR-USDT	+0.0228%	8h	165.53	+0.079%	$1.0M	$2.0M	20x	as long as short
RISEx MSTR/USDC	+0.0291%	1h	165.58	+0.109%	$271K	$447K	10x	as long as short
Phoenix MSTR	+0.0336%	1h	165.57	+0.101%	$56K	$227K	10x	as long as short
Bybit MSTRUSDT	+0.0343%	8h	165.64	+0.145%	$17.3M	$40.6M	50x	as long as short
Deribit MSTR_USDC-PERPETUAL	+0.0536%	1h	165.49	+0.054%	$281K	$438K	10x	as long as short
edgeX MSTRUSDC	+0.0965%	4h	165.49	+0.053%	$51K	$5.4M	10x	as long as short