Funding you earn now, next payment 07:00 UTC−0.0054%/8h= −5.9% APRnext payment −$0.07 per $10,000 · paid last 24h −0.016%
Price spread now: Vest against ApeX Omni+0.049%7-day average −0.843% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.083%−$8 on $10k
+Price spread, last 4 days (all we have)+0.113%+$11 · spread now +0.049%, 7d avg −0.843%
=Together, before fees+0.030%+ Points / potential airdropVest: Active · farm board+$3 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Vest is 0.892% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.049% now, against its 7-day average of −0.843%): +$89 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 55 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni MSTRUSDT | 163.55 | 0.0100 | pay 0.0013% / 1h | 2m 37s | $5K | $182K | 50x |
| Short | Vest MSTR-USD-PERP | 163.63 | 0.0046 | get 0.0006% / 1h | 2m 37s | — | $1.8M | 25x |
ApeX Omni MSTRUSDT
Vest MSTR-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$11.41
- Price spread: +0.049% → −0.843%
- $89.19
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- $65.78
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: ApeX Omni: live order book, 51 min ago; 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy ApeX Omni live order book, 51 min ago | 3.07 bp | 55.6 bp −$56 | doesn't fit | doesn't fit | doesn't fit |
| Sell Vest no order-book sample | — | — | — | — | — |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget MSTRUSDT | −0.0597% | 8h | 163.63 | +0.049% | $29.2M | $118.8M | 25x | as long as short |
| Gate MSTR_USDT | 0.0000% | 8h | 163.58 | +0.018% | $4.7M | $19.7M | 50x | as long as short |
| Phemex MSTRUSDT | 0.0000% | 4h | 163.64 | +0.055% | $2.8M | $80K | 10x | as long as short |
| Extended MSTR_24_5-USD | +0.0032% | 1h | 163.25 | −0.186% | $507K | $2.0M | 10x | as long as short |
| Injective MSTR/USDC PERP | +0.0033% | 1h | 169.34 | +3.540% | $8K | $26K | 30x | as long as short |
| Arcus MSTR-USD | +0.0040% | 1h | 163.74 | +0.116% | $26K | $113K | 10x | as long as short |
| Vest MSTR-USD-PERPshort | +0.0046% | 1h | 163.63 | +0.049% | — | $1.8M | 25x | |
| Polymarket Perps MSTR-USD | +0.0050% | 1h | 163.68 | +0.079% | $379K | $2.7M | 10x | as long as short |
| SoDEX MSTR-USD | +0.0050% | 1h | 163.61 | +0.037% | $43K | $3K | 10x | as long as short |
| Ondo Perps MSTR-USD.P | +0.0050% | 1h | 163.41 | −0.086% | $847K | $3.8M | 10x | as long as short |
Bitget MSTRUSDT
Gate MSTR_USDT
Phemex MSTRUSDT
Extended MSTR_24_5-USD
Injective MSTR/USDC PERP
Arcus MSTR-USD
Polymarket Perps MSTR-USD
SoDEX 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 | +0.0057% | 1h | 163.45 | −0.061% | $1.3M | $7.2M | 10x | as long as short |
| Aster MSTRUSDT | +0.0062% | 8h | 163.30 | −0.153% | $1.8M | $8.7M | 50x | as long as short |
| Pacifica MSTR | +0.0100% | 1h | 163.48 | −0.045% | $100K | $88K | 10x | as long as short |
| KuCoin MSTRUSDTM | +0.0100% | 8h | 163.44 | −0.067% | $2.4M | $2.7M | 20x | as long as short |
| ApeX Omni MSTRUSDTlong | +0.0100% | 1h | 163.55 | long leg | $5K | $182K | 50x | |
| Orderly PERP_MSTR_USDC_mythos | +0.0100% | 8h | 163.59 | +0.024% | $2K | $13K | 10x | as long as short |
| Lighter MSTR | +0.0104% | 1h | 163.42 | −0.079% | $3.5M | $2.0M | 10x | as long as short |
| Aevo MSTR-PERP | +0.0104% | 1h | 163.62 | +0.046% | $136 | — | 10x | as long as short |
| Coinbase International MSTR-PERP-INTX | +0.0152% | 1h | 161.52 | −1.241% | $1.4M | $1.1M | 10x | as long as short |
| Paradex MSTR-USD-PERP | +0.0167% | 8h | 163.39 | −0.095% | $65 | — | 5x | as long as short |
| OKX MSTR-USDT-SWAP | +0.0176% | 8h | 163.50 | −0.031% | $20.8M | $100.2M | 50x | as long as short |
| Variational Omni MSTR | +0.0182% | 8h | 163.75 | +0.120% | $1.2M | $2.1M | — | as long as short |
| tradeXYZ xyz:MSTR | +0.0251% | 1h | 163.43 | −0.073% | $54.0M | $37.8M | 10x | as long as short |
| Binance MSTRUSDT | +0.0258% | 8h | 163.44 | −0.064% | $84.0M | $625.4M | 50x | as long as short |
| GRVT MSTR_USDT_Perp | +0.0271% | 8h | 163.74 | +0.115% | $76K | $865K | 10x | as long as short |
| Phoenix MSTR | +0.0328% | 1h | 163.78 | +0.141% | $56K | $223K | 10x | as long as short |
| Nado MSTR-PERP | +0.0360% | 1h | 163.62 | +0.046% | $131K | $157K | 3x | as long as short |
| BloFin MSTR-USDT | +0.0377% | 8h | 163.58 | +0.018% | $1.0M | $2.1M | 20x | as long as short |
| RISEx MSTR/USDC | +0.0381% | 1h | 163.49 | −0.038% | $266K | $426K | 10x | as long as short |
| Bybit MSTRUSDT | +0.0399% | 8h | 163.51 | −0.024% | $17.1M | $41.8M | 50x | as long as short |
| Deribit MSTR_USDC-PERPETUAL | +0.0913% | 1h | 163.52 | −0.018% | $278K | $437K | 10x | as long as short |
| edgeX MSTRUSDC | +0.0963% | 4h | 163.78 | +0.138% | $46K | $5.4M | 10x | as long as short |
QFEX MSTR-USD
Aster MSTRUSDT
Pacifica MSTR
KuCoin MSTRUSDTM
Orderly PERP_MSTR_USDC_mythos
Lighter MSTR
Aevo MSTR-PERP
Coinbase International MSTR-PERP-INTX
Paradex MSTR-USD-PERP
OKX MSTR-USDT-SWAP
Variational Omni MSTR
tradeXYZ xyz:MSTR
Binance MSTRUSDT
GRVT MSTR_USDT_Perp
Phoenix MSTR
Nado MSTR-PERP
BloFin MSTR-USDT
RISEx MSTR/USDC
Bybit MSTRUSDT
Deribit MSTR_USDC-PERPETUAL
edgeX MSTRUSDC