Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.047%
Price spread now: Phemex against Aster+0.035%7-day average +0.042% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.158%−$16 on $10k
+Price spread, last 4 days (all we have)−0.314%−$31 · spread now +0.035%, 7d avg +0.042%
=Together, before fees−0.472%+ Points / potential airdropAster: Stage 5 · farm board−$47 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster MSTRUSDT | 165.48 | 0 | get 0.0000% / 8h | 5h 14m | $1.9M | $8.5M | 50x |
| Short | Phemex MSTRUSDT | 165.54 | 0 | get 0.0000% / 4h | 1h 14m | $2.8M | $72K | 10x |
Aster MSTRUSDT
Phemex MSTRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Aster. 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
- $0
- Price spread: +0.035% → +0.042%
- −$0.74
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$20.74
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Aster: live order book, 4 min ago; Phemex: live order book, 4 min ago. 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 Aster live order book, 4 min ago | 0.30 bp | 9.2 bp −$9 | 35.2 bp −$352 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 4 min ago | 4.84 bp | doesn't fit | doesn't fit | 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 | −0.0963% | 8h | 165.66 | +0.107% | $27.7M | $114.6M | 25x | as long as short |
| Aster MSTRUSDTlong | 0.0000% | 8h | 165.48 | long leg | $1.9M | $8.5M | 50x | |
| Gate MSTR_USDT | 0.0000% | 8h | 165.59 | +0.065% | $4.6M | $18.7M | 50x | as long as short |
| Phemex MSTRUSDTshort | 0.0000% | 4h | 165.54 | +0.035% | $2.8M | $72K | 10x | |
| OKX MSTR-USDT-SWAP | +0.0001% | 8h | 165.58 | +0.059% | $20.8M | $100.1M | 50x | as long as short |
| Lighter MSTR | +0.0032% | 1h | 165.52 | +0.023% | $3.5M | $1.9M | 10x | as long as short |
| Extended MSTR_24_5-USD | +0.0032% | 1h | 165.40 | −0.050% | $598K | $1.9M | 10x | as long as short |
| Injective MSTR/USDC PERP | +0.0033% | 1h | 169.34 | +2.331% | $8K | $26K | 30x | as long as short |
| Variational Omni MSTR | +0.0040% | 8h | 165.67 | +0.115% | $1.2M | $2.1M | — | as long as short |
| Arcus MSTR-USD | +0.0040% | 1h | 165.56 | +0.047% | $27K | $110K | 10x | as long as short |
Bitget MSTRUSDT
Gate MSTR_USDT
OKX MSTR-USDT-SWAP
Lighter MSTR
Extended MSTR_24_5-USD
Injective MSTR/USDC PERP
Variational Omni MSTR
Arcus MSTR-USDShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest MSTR-USD-PERP | +0.0046% | 1h | 165.73 | +0.149% | — | $1.7M | 25x | as long as short |
| Polymarket Perps MSTR-USD | +0.0050% | 1h | 165.46 | −0.014% | $383K | $2.7M | 10x | as long as short |
| Ondo Perps MSTR-USD.P | +0.0050% | 1h | 165.39 | −0.056% | $882K | $4.1M | 10x | as long as short |
| tradeXYZ xyz:MSTR | +0.0055% | 1h | 165.42 | −0.038% | $55.1M | $36.8M | 10x | as long as short |
| QFEX MSTR-USD | +0.0060% | 1h | 165.55 | +0.041% | $1.4M | $7.5M | 10x | as long as short |
| Pacifica MSTR | +0.0100% | 1h | 165.48 | −0.003% | $101K | $84K | 10x | as long as short |
| KuCoin MSTRUSDTM | +0.0100% | 8h | 165.49 | +0.004% | $2.4M | $2.7M | 20x | as long as short |
| ApeX Omni MSTRUSDT | +0.0100% | 1h | 165.40 | −0.050% | $4K | $184K | 50x | as long as short |
| Orderly PERP_MSTR_USDC_mythos | +0.0100% | 8h | 165.58 | +0.059% | $3K | $8K | 10x | as long as short |
| Aevo MSTR-PERP | +0.0104% | 1h | 165.54 | +0.035% | $137 | — | 10x | as long as short |
| SoDEX MSTR-USD | +0.0104% | 1h | 165.55 | +0.041% | $44K | $3K | 10x | as long as short |
| Binance MSTRUSDT | +0.0108% | 8h | 165.58 | +0.058% | $88.3M | $616.7M | 50x | as long as short |
| Paradex MSTR-USD-PERP | +0.0135% | 8h | 165.53 | +0.031% | $66 | — | 5x | as long as short |
| GRVT MSTR_USDT_Perp | +0.0161% | 8h | 165.55 | +0.038% | $75K | $749K | 10x | as long as short |
| Coinbase International MSTR-PERP-INTX | +0.0200% | 1h | 165.51 | +0.016% | $1.4M | $1.1M | 10x | as long as short |
| Nado MSTR-PERP | +0.0217% | 1h | 165.50 | +0.013% | $122K | $148K | 3x | as long as short |
| BloFin MSTR-USDT | +0.0227% | 8h | 165.67 | +0.113% | $1.0M | $2.0M | 20x | as long as short |
| RISEx MSTR/USDC | +0.0291% | 1h | 165.62 | +0.083% | $271K | $447K | 10x | as long as short |
| Phoenix MSTR | +0.0336% | 1h | 165.50 | +0.007% | $56K | $227K | 10x | as long as short |
| Bybit MSTRUSDT | +0.0343% | 8h | 165.64 | +0.095% | $17.3M | $40.6M | 50x | as long as short |
| Deribit MSTR_USDC-PERPETUAL | +0.0657% | 1h | 165.59 | +0.065% | $282K | $438K | 10x | as long as short |
| edgeX MSTRUSDC | +0.0965% | 4h | 165.49 | +0.003% | $51K | $5.4M | 10x | as long as short |
Vest MSTR-USD-PERP
Polymarket Perps MSTR-USD
Ondo Perps MSTR-USD.P
tradeXYZ xyz:MSTR
QFEX MSTR-USD
Pacifica MSTR
KuCoin MSTRUSDTM
ApeX Omni MSTRUSDT
Orderly PERP_MSTR_USDC_mythos
Aevo MSTR-PERP
SoDEX MSTR-USD
Binance MSTRUSDT
Paradex MSTR-USD-PERP
GRVT MSTR_USDT_Perp
Coinbase International MSTR-PERP-INTX
Nado MSTR-PERP
BloFin MSTR-USDT
RISEx MSTR/USDC
Phoenix MSTR
Bybit MSTRUSDT
Deribit MSTR_USDC-PERPETUAL
edgeX MSTRUSDC