MSTR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0393%/8h= +43.0% APRnext payment +$0.49 per $10,000 · paid last 24h +0.070%

Price spread now: RISEx against ApeX Omni−0.035%54s7-day average +0.024% · you buy dearer than you sell

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−$1181.181% of the position

Long on ApeX Omni Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.221%+$22 on $10k

Price spread, last 4 days (all we have)−0.840%−$84 · spread now −0.035%, 7d avg +0.024%

Together, before fees−0.619%−$62 on $10k · with fees, hour by hour

Funding pays, the price is against you. RISEx is 0.060% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.035% now, against its 7-day average of +0.024%). If the spread goes back, that is −$6 on $10k: about 12 hours of funding at the current rate (+$12 a day). The two prices were read 54 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	163.00	0.0100	pay 0.0013% / 1h	14m 00s	$6K	$182K	50x
Short	RISEx MSTR/USDC	162.94	0.0493	get 0.0062% / 1h	14m 00s	$268K	$419K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now −0.035%Rate

Funding earned: $82.55
Price spread: −0.035% → +0.024%: −$5.96
Slippage, 4 orders: −$102.12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$41.53
Costs to cover: 1.181%
Break-even: 10.5 days

Slippage from ApeX Omni: live order book, 35 min ago; RISEx: live order book, 24 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, 35 min ago	3.06 bp	41.0 bp −$41	doesn't fit	doesn't fit	doesn't fit
Sell RISEx live order book, 24 min ago	0.61 bp	3.6 bp −$4	4.4 bp −$44	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	−0.0463%	8h	163.23	+0.141%	$29.5M	$119.2M	25x	as long as short
Gate MSTR_USDT	0.0000%	8h	163.17	+0.104%	$4.7M	$19.6M	50x	as long as short
Phemex MSTRUSDT	0.0000%	4h	163.08	+0.049%	$2.7M	$83K	10x	as long as short
Extended MSTR_24_5-USD	+0.0032%	1h	162.93	−0.046%	$591K	$2.1M	10x	as long as short
Injective MSTR/USDC PERP	+0.0033%	1h	169.34	+3.890%	$8K	$26K	30x	as long as short
Arcus MSTR-USD	+0.0040%	1h	163.01	+0.006%	$26K	$113K	10x	as long as short
Vest MSTR-USD-PERP	+0.0046%	1h	162.68	−0.196%	—	$1.8M	25x	as long as short
Polymarket Perps MSTR-USD	+0.0050%	1h	162.89	−0.067%	$376K	$2.7M	10x	as long as short
SoDEX MSTR-USD	+0.0050%	1h	162.91	−0.055%	$43K	$3K	10x	as long as short
Ondo Perps MSTR-USD.P	+0.0050%	1h	162.81	−0.117%	$897K	$3.7M	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter MSTR	+0.0064%	1h	162.98	−0.012%	$3.5M	$2.0M	10x	as long as short
QFEX MSTR-USD	+0.0067%	1h	162.90	−0.061%	$1.3M	$7.1M	10x	as long as short
Aster MSTRUSDT	+0.0077%	8h	163.10	+0.064%	$1.8M	$8.7M	50x	as long as short
Pacifica MSTR	+0.0100%	1h	162.96	−0.027%	$100K	$89K	10x	as long as short
KuCoin MSTRUSDTM	+0.0100%	8h	163.00	0.000%	$2.4M	$2.7M	20x	as long as short
ApeX Omni MSTRUSDTlong	+0.0100%	1h	163.00	long leg	$6K	$182K	50x
Orderly PERP_MSTR_USDC_mythos	+0.0100%	8h	162.98	−0.012%	$2K	$13K	10x	as long as short
Aevo MSTR-PERP	+0.0104%	1h	163.01	+0.006%	$135	—	10x	as long as short
Coinbase International MSTR-PERP-INTX	+0.0136%	1h	162.62	−0.233%	$1.4M	$1.1M	10x	as long as short
edgeX MSTRUSDC	+0.0140%	4h	162.93	−0.045%	$46K	$5.4M	10x	as long as short
Paradex MSTR-USD-PERP	+0.0143%	8h	162.87	−0.077%	$65	—	5x	as long as short
Nado MSTR-PERP	+0.0185%	1h	162.78	−0.136%	$125K	$165K	3x	as long as short
Variational Omni MSTR	+0.0199%	8h	162.87	−0.080%	$1.2M	$2.0M	—	as long as short
OKX MSTR-USDT-SWAP	+0.0203%	8h	163.09	+0.055%	$20.8M	$99.8M	50x	as long as short
Binance MSTRUSDT	+0.0271%	8h	163.12	+0.074%	$83.9M	$620.4M	50x	as long as short
GRVT MSTR_USDT_Perp	+0.0273%	8h	163.11	+0.065%	$79K	$849K	10x	as long as short
Phoenix MSTR	+0.0357%	1h	163.12	+0.074%	$55K	$223K	10x	as long as short
BloFin MSTR-USDT	+0.0392%	8h	162.87	−0.080%	$1.0M	$2.1M	20x	as long as short
Bybit MSTRUSDT	+0.0409%	8h	163.15	+0.092%	$17.1M	$41.7M	50x	as long as short
tradeXYZ xyz:MSTR	+0.0455%	1h	163.02	+0.012%	$53.8M	$37.7M	10x	as long as short
RISEx MSTR/USDCshort	+0.0493%	1h	162.94	−0.035%	$268K	$419K	10x
Deribit MSTR_USDC-PERPETUAL	+0.0978%	1h	163.07	+0.043%	$277K	$437K	10x	as long as short