Funding you earn now, next payment 05:00 UTC+0.1061%/8h= +116.2% APRpaid last 24h −0.004%
Price spread now: Aevo against Bitget−0.146%52s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 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
Funding pays, the price is against you. Aevo is 0.146% cheaper against Bitget than usual: you would sell low and buy high (spread −0.146% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 11 hours of funding at the current rate (+$32 a day). The two prices were read 52 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 | Bitget MSTRUSDT | 163.88 | −0.0957 | get 0.0957% / 8h | 3h 11m | $27.1M | $116.6M | 25x |
| Short | Aevo MSTR-PERP | 163.64 | 0.0104 | get 0.0013% / 1h | 11m 37s | $136 | — | 10x |
Bitget MSTRUSDT
Aevo MSTR-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Bitget. 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
- $222.81
- Price spread: −0.146% → 0.000%
- −$14.62
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- $180.19
- Costs to cover
- 0.280%
- Break-even
- 1.3 days
Slippage unknown: Bitget: live order book, 2 min ago; Aevo: 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 Bitget live order book, 2 min ago | 0.31 bp | 8.2 bp −$8 | 14.6 bp −$146 | 35.3 bp −$3,528 | doesn't fit |
| Sell Aevo no order-book sample | — | — | — | — | — |
Aevo: 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 MSTRUSDTlong | −0.0957% | 8h | 163.88 | long leg | $27.1M | $116.6M | 25x | |
| Aster MSTRUSDT | 0.0000% | 8h | 163.63 | −0.154% | $1.8M | $8.6M | 50x | as long as short |
| Gate MSTR_USDT | 0.0000% | 8h | 163.81 | −0.043% | $4.6M | $19.3M | 50x | as long as short |
| Phemex MSTRUSDT | 0.0000% | 4h | 163.84 | −0.024% | $2.8M | $77K | 10x | as long as short |
| Lighter MSTR | +0.0032% | 1h | 163.72 | −0.098% | $3.5M | $2.0M | 10x | as long as short |
| Extended MSTR_24_5-USD | +0.0032% | 1h | 163.60 | −0.171% | $601K | $1.9M | 10x | as long as short |
| Injective MSTR/USDC PERP | +0.0033% | 1h | 169.34 | +3.332% | $8K | $26K | 30x | as long as short |
| Arcus MSTR-USD | +0.0040% | 1h | 163.92 | +0.024% | $26K | $110K | 10x | as long as short |
| OKX MSTR-USDT-SWAP | +0.0042% | 8h | 163.74 | −0.085% | $20.7M | $98.9M | 50x | as long as short |
| Vest MSTR-USD-PERP | +0.0046% | 1h | 163.51 | −0.226% | — | $1.7M | 25x | as long as short |
Aster MSTRUSDT
Gate MSTR_USDT
Phemex MSTRUSDT
Lighter MSTR
Extended MSTR_24_5-USD
Injective MSTR/USDC PERP
Arcus MSTR-USD
OKX MSTR-USDT-SWAP
Vest MSTR-USD-PERPShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps MSTR-USD | +0.0050% | 1h | 163.64 | −0.146% | $379K | $2.7M | 10x | as long as short |
| SoDEX MSTR-USD | +0.0050% | 1h | 163.73 | −0.092% | $43K | $3K | 10x | as long as short |
| Ondo Perps MSTR-USD.P | +0.0050% | 1h | 163.57 | −0.189% | $817K | $4.0M | 10x | as long as short |
| QFEX MSTR-USD | +0.0067% | 1h | 163.73 | −0.092% | $1.4M | $7.3M | 10x | as long as short |
| Paradex MSTR-USD-PERP | +0.0068% | 8h | 163.72 | −0.098% | $65 | — | 5x | as long as short |
| Pacifica MSTR | +0.0100% | 1h | 163.70 | −0.107% | $100K | $83K | 10x | as long as short |
| KuCoin MSTRUSDTM | +0.0100% | 8h | 163.67 | −0.128% | $2.4M | $2.7M | 20x | as long as short |
| ApeX Omni MSTRUSDT | +0.0100% | 1h | 163.77 | −0.067% | $6K | $182K | 50x | as long as short |
| Orderly PERP_MSTR_USDC_mythos | +0.0100% | 8h | 163.65 | −0.140% | $4K | $8K | 10x | as long as short |
| Variational Omni MSTR | +0.0100% | 8h | 163.92 | +0.022% | $1.2M | $2.1M | — | as long as short |
| Aevo MSTR-PERPshort | +0.0104% | 1h | 163.64 | −0.146% | $136 | — | 10x | |
| GRVT MSTR_USDT_Perp | +0.0151% | 8h | 163.84 | −0.023% | $83K | $837K | 10x | as long as short |
| Binance MSTRUSDT | +0.0155% | 8h | 163.73 | −0.094% | $85.9M | $619.0M | 50x | as long as short |
| Coinbase International MSTR-PERP-INTX | +0.0168% | 1h | 163.84 | −0.024% | $1.4M | $1.1M | 10x | as long as short |
| edgeX MSTRUSDC | +0.0190% | 4h | 163.81 | −0.046% | $48K | $5.3M | 10x | as long as short |
| RISEx MSTR/USDC | +0.0231% | 1h | 163.69 | −0.114% | $265K | $445K | 10x | as long as short |
| Nado MSTR-PERP | +0.0242% | 1h | 163.67 | −0.130% | $121K | $148K | 3x | as long as short |
| tradeXYZ xyz:MSTR | +0.0252% | 1h | 163.72 | −0.098% | $54.5M | $37.1M | 10x | as long as short |
| BloFin MSTR-USDT | +0.0280% | 8h | 163.76 | −0.073% | $1.0M | $2.1M | 20x | as long as short |
| Bybit MSTRUSDT | +0.0315% | 8h | 163.78 | −0.061% | $16.6M | $41.2M | 50x | as long as short |
| Phoenix MSTR | +0.0340% | 1h | 163.98 | +0.062% | $56K | $226K | 10x | as long as short |
| Deribit MSTR_USDC-PERPETUAL | +0.0361% | 1h | 163.71 | −0.104% | $278K | $438K | 10x | as long as short |
Polymarket Perps MSTR-USD
SoDEX MSTR-USD
Ondo Perps MSTR-USD.P
QFEX MSTR-USD
Paradex MSTR-USD-PERP
Pacifica MSTR
KuCoin MSTRUSDTM
ApeX Omni MSTRUSDT
Orderly PERP_MSTR_USDC_mythos
Variational Omni MSTR
GRVT MSTR_USDT_Perp
Binance MSTRUSDT
Coinbase International MSTR-PERP-INTX
edgeX MSTRUSDC
RISEx MSTR/USDC
Nado MSTR-PERP
tradeXYZ xyz:MSTR
BloFin MSTR-USDT
Bybit MSTRUSDT
Phoenix MSTR
Deribit MSTR_USDC-PERPETUAL