MSTR

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.06 per $10,000 · paid last 24h +0.007%

Price spread now: SoDEX against ApeX Omni−0.006%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on ApeX Omni Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni MSTRUSDT	162.29	0.0100	pay 0.0013% / 1h	31m 04s	$6K	$182K	50x
Short	SoDEX MSTR-USD	162.28	0.0050	get 0.0006% / 1h	31m 04s	$43K	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.006%Rate

Funding earned: −$10.5
Price spread: −0.006% → 0.000%: −$0.62
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$29.12
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: ApeX Omni: live order book, 28 min ago; SoDEX: 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 ApeX Omni live order book, 28 min ago	3.06 bp	51.6 bp −$52	doesn't fit	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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	−0.1108%	8h	162.53	+0.148%	$27.0M	$117.7M	25x	as long as short
Aster MSTRUSDT	0.0000%	8h	162.36	+0.042%	$1.7M	$8.6M	50x	as long as short
Gate MSTR_USDT	0.0000%	8h	162.42	+0.080%	$4.6M	$19.5M	50x	as long as short
Phemex MSTRUSDT	0.0000%	4h	162.98	+0.425%	$2.7M	$77K	10x	as long as short
Extended MSTR_24_5-USD	+0.0032%	1h	162.16	−0.077%	$513K	$2.0M	10x	as long as short
Injective MSTR/USDC PERP	+0.0033%	1h	169.34	+4.344%	$8K	$26K	30x	as long as short
Vest MSTR-USD-PERP	+0.0037%	1h	162.04	−0.154%	—	$1.8M	25x	as long as short
Arcus MSTR-USD	+0.0040%	1h	162.73	+0.271%	$26K	$109K	10x	as long as short
Polymarket Perps MSTR-USD	+0.0050%	1h	162.30	+0.006%	$375K	$2.7M	10x	as long as short
SoDEX MSTR-USDshort	+0.0050%	1h	162.28	−0.006%	$43K	$3K	10x

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps MSTR-USD.P	+0.0050%	1h	162.28	−0.006%	$867K	$3.9M	10x	as long as short
QFEX MSTR-USD	+0.0054%	1h	162.40	+0.068%	$1.4M	$7.2M	10x	as long as short
RISEx MSTR/USDC	+0.0088%	1h	162.44	+0.092%	$263K	$443K	10x	as long as short
OKX MSTR-USDT-SWAP	+0.0093%	8h	162.31	+0.012%	$20.4M	$99.8M	50x	as long as short
Pacifica MSTR	+0.0100%	1h	162.41	+0.071%	$100K	$84K	10x	as long as short
KuCoin MSTRUSDTM	+0.0100%	8h	162.27	−0.012%	$2.4M	$2.7M	20x	as long as short
ApeX Omni MSTRUSDTlong	+0.0100%	1h	162.29	long leg	$6K	$182K	50x
Orderly PERP_MSTR_USDC_mythos	+0.0100%	8h	162.32	+0.018%	$3K	$8K	10x	as long as short
Aevo MSTR-PERP	+0.0104%	1h	162.45	+0.100%	$135	—	10x	as long as short
Variational Omni MSTR	+0.0124%	8h	163.00	+0.437%	$1.2M	$2.1M	—	as long as short
Paradex MSTR-USD-PERP	+0.0153%	8h	162.36	+0.041%	$65	—	5x	as long as short
Coinbase International MSTR-PERP-INTX	+0.0168%	1h	162.54	+0.154%	$1.4M	$1.1M	10x	as long as short
Lighter MSTR	+0.0176%	1h	162.28	−0.006%	$3.4M	$1.9M	10x	as long as short
Binance MSTRUSDT	+0.0197%	8h	162.33	+0.025%	$84.2M	$625.4M	50x	as long as short
GRVT MSTR_USDT_Perp	+0.0207%	8h	162.62	+0.203%	$79K	$831K	10x	as long as short
BloFin MSTR-USDT	+0.0317%	8h	162.41	+0.074%	$1.0M	$2.1M	20x	as long as short
Phoenix MSTR	+0.0362%	1h	162.58	+0.178%	$55K	$226K	10x	as long as short
tradeXYZ xyz:MSTR	+0.0364%	1h	162.27	−0.012%	$54.0M	$37.3M	10x	as long as short
Bybit MSTRUSDT	+0.0372%	8h	162.39	+0.062%	$16.6M	$41.4M	50x	as long as short
Nado MSTR-PERP	+0.0384%	1h	162.30	+0.009%	$130K	$156K	3x	as long as short
Deribit MSTR_USDC-PERPETUAL	+0.0675%	1h	162.36	+0.043%	$276K	$438K	10x	as long as short
edgeX MSTRUSDC	+0.0858%	4h	162.53	+0.149%	$48K	$5.4M	10x	as long as short