Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.058%
Price spread now: Aster against Gate−0.004%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$400.403% of the position
Funding, last 7 days−0.281%−$28 on $10k
+Price spread, last 7 days+0.033%+$3 · spread now −0.004%, 7d avg −0.024%
=Together, before fees−0.248%+ Points / potential airdropAster: Stage 5 · farm board−$25 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MSTR_USDT | 168.93 | 0 | get 0.0000% / 8h | 10m 06s | $4.7M | $19.6M | 50x |
| Short | Aster MSTRUSDT | 168.92 | 0 | get 0.0000% / 8h | 10m 06s | $1.2M | $6.1M | 50x |
Gate MSTR_USDT
Aster MSTRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Gate. 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: −0.004% → −0.024%
- $1.91
- Slippage, 4 orders
- −$17.32
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$38.4
- Costs to cover
- 0.403%
- Break-even
- never at this rate
Slippage from Gate: live order book, 4 min ago; Aster: live order book, 4 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 Gate live order book, 4 min ago | 2.07 bp | 15.8 bp −$16 | 34.1 bp −$341 | doesn't fit | doesn't fit |
| Sell Aster live order book, 4 min ago | 2.07 bp | 7.0 bp −$7 | 193.9 bp −$1,939 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado MSTR-PERP | −0.0049% | 1h | 168.80 | −0.078% | $139K | $97K | 3x | as long as short |
| Aster MSTRUSDTshort | 0.0000% | 8h | 168.92 | −0.004% | $1.2M | $6.1M | 50x | |
| OKX MSTR-USDT-SWAP | 0.0000% | 8h | 168.94 | +0.006% | $21.9M | $106.2M | 50x | as long as short |
| Gate MSTR_USDTlong | 0.0000% | 8h | 168.93 | long leg | $4.7M | $19.6M | 50x | |
| Variational Omni MSTR | 0.0000% | 8h | 168.84 | −0.053% | $1.2M | $2.4M | — | as long as short |
| Phemex MSTRUSDT | 0.0000% | 4h | 168.94 | +0.006% | $2.9M | $66K | 10x | as long as short |
| RISEx MSTR/USDC | +0.0001% | 1h | 168.96 | +0.019% | $275K | $441K | 10x | as long as short |
| Bitget MSTRUSDT | +0.0030% | 8h | 168.98 | +0.030% | $28.7M | $120.0M | 25x | as long as short |
| Lighter MSTR | +0.0032% | 1h | 168.92 | −0.006% | $3.6M | $2.4M | 10x | as long as short |
| Extended MSTR_24_5-USD | +0.0032% | 1h | 168.89 | −0.025% | $581K | $1.8M | 10x | as long as short |
Nado MSTR-PERP
OKX MSTR-USDT-SWAP
Variational Omni MSTR
Phemex MSTRUSDT
RISEx MSTR/USDC
Bitget MSTRUSDT
Lighter MSTR
Extended MSTR_24_5-USDShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT MSTR_USDT_Perp | +0.0032% | 8h | 168.89 | −0.025% | $77K | $871K | 10x | as long as short |
| BloFin MSTR-USDT | +0.0036% | 8h | 168.85 | −0.047% | $1.1M | $1.9M | 20x | as long as short |
| Binance MSTRUSDT | +0.0044% | 8h | 168.98 | +0.030% | $89.2M | $629.3M | 50x | as long as short |
| Vest MSTR-USD-PERP | +0.0046% | 1h | 169.01 | +0.047% | — | $2.1M | 25x | as long as short |
| QFEX MSTR-USD | +0.0049% | 1h | 168.98 | +0.030% | $1.5M | $10.2M | 10x | as long as short |
| Polymarket Perps MSTR-USD | +0.0050% | 1h | 168.94 | +0.006% | $398K | $2.8M | 10x | as long as short |
| SoDEX MSTR-USD | +0.0050% | 1h | 168.93 | 0.000% | $44K | $3K | 10x | as long as short |
| Ondo Perps MSTR-USD.P | +0.0050% | 1h | 168.76 | −0.101% | $772K | $5.2M | 10x | as long as short |
| Bybit MSTRUSDT | +0.0066% | 8h | 168.97 | +0.024% | $15.1M | $40.3M | 50x | as long as short |
| Coinbase International MSTR-PERP-INTX | +0.0096% | 1h | 168.75 | −0.107% | $1.4M | $1.2M | 10x | as long as short |
| Paradex MSTR-USD-PERP | +0.0099% | 8h | 168.94 | +0.008% | $68 | — | 5x | as long as short |
| Pacifica MSTR | +0.0100% | 1h | 168.93 | +0.002% | $104K | $87K | 10x | as long as short |
| KuCoin MSTRUSDTM | +0.0100% | 8h | 168.88 | −0.030% | $2.5M | $2.8M | 20x | as long as short |
| ApeX Omni MSTRUSDT | +0.0100% | 1h | 168.87 | −0.036% | $4K | $305K | 50x | as long as short |
| Orderly PERP_MSTR_USDC_mythos | +0.0100% | 8h | 168.93 | 0.000% | $3K | $10K | 10x | as long as short |
| Injective MSTR/USDC PERP | +0.0104% | 1h | 168.88 | −0.030% | $13K | $21K | 30x | as long as short |
| Aevo MSTR-PERP | +0.0104% | 1h | 168.94 | +0.006% | $140 | — | 10x | as long as short |
| tradeXYZ xyz:MSTR | +0.0130% | 1h | 168.91 | −0.012% | $57.1M | $37.2M | 10x | as long as short |
| Phoenix MSTR | +0.0260% | 1h | 168.87 | −0.037% | $56K | $392K | 10x | as long as short |
| Deribit MSTR_USDC-PERPETUAL | +0.0638% | 1h | 169.03 | +0.059% | $287K | $438K | 10x | as long as short |
| Arcus MSTR-USD | +0.0738% | 1h | 169.04 | +0.065% | $27K | $129K | 10x | as long as short |
| edgeX MSTRUSDC | +0.0825% | 4h | 168.84 | −0.053% | $47K | $5.5M | 10x | as long as short |
GRVT MSTR_USDT_Perp
BloFin MSTR-USDT
Binance MSTRUSDT
Vest MSTR-USD-PERP
QFEX MSTR-USD
Polymarket Perps MSTR-USD
SoDEX MSTR-USD
Ondo Perps MSTR-USD.P
Bybit MSTRUSDT
Coinbase International MSTR-PERP-INTX
Paradex MSTR-USD-PERP
Pacifica MSTR
KuCoin MSTRUSDTM
ApeX Omni MSTRUSDT
Orderly PERP_MSTR_USDC_mythos
Injective MSTR/USDC PERP
Aevo MSTR-PERP
tradeXYZ xyz:MSTR
Phoenix MSTR
Deribit MSTR_USDC-PERPETUAL
Arcus MSTR-USD
edgeX MSTRUSDC