Funding you earn now, next payment 12:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h −0.011%
Price spread now: ApeX Omni against Injective+1.453%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.071%+$7 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and ApeX Omni is 1.453% dearer against Injective than usual: you sell high and buy low: +$145 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective MSTR/USDC PERP | 165.22 | 0.0033 | pay 0.0004% / 1h | 9m 44s | $7K | $28K | 30x |
| Short | ApeX Omni MSTRUSDT | 167.62 | 0.0100 | get 0.0013% / 1h | 9m 44s | $6K | $151K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Injective. 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
- $14
- Price spread: +1.453% → 0.000%
- $145.26
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- $149.24
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; ApeX Omni: live order book, 29 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 Injective no order-book sample | — | — | — | — | — |
| Sell ApeX Omni live order book, 29 min ago | 3.00 bp | 81.3 bp −$81 | doesn't fit | doesn't fit | doesn't fit |
Injective: 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Extended MSTR_24_5-USD | −0.0296% | 1h | 167.04 | +1.103% | $1.4M | $2.8M | 10x | as long as short |
| Gate MSTR_USDT | 0.0000% | 8h | 167.31 | +1.265% | $4.8M | $17.6M | 50x | as long as short |
| Phemex MSTRUSDT | 0.0000% | 4h | 167.05 | +1.108% | $2.8M | $86K | 10x | as long as short |
| Lighter MSTR | +0.0032% | 1h | 167.23 | +1.217% | $3.6M | $1.7M | 10x | as long as short |
| Injective MSTR/USDC PERPlong | +0.0033% | 1h | 165.22 | long leg | $7K | $28K | 30x | |
| Vest MSTR-USD-PERP | +0.0046% | 1h | 167.17 | +1.180% | — | $1.6M | 25x | as long as short |
| Polymarket Perps MSTR-USD | +0.0050% | 1h | 167.01 | +1.083% | $385K | $2.5M | 10x | as long as short |
| Ondo Perps MSTR-USD.P | +0.0050% | 1h | 166.99 | +1.071% | $822K | $3.3M | 10x | as long as short |
| QFEX MSTR-USD | +0.0054% | 1h | 166.99 | +1.071% | $1.3M | $5.5M | 10x | as long as short |
| Coinbase International MSTR-PERP-INTX | +0.0056% | 1h | 166.14 | +0.557% | $1.4M | $354K | 10x | as long as short |
Show all 32 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex MSTR-USD-PERP | +0.0079% | 8h | 167.26 | +1.235% | $67 | — | 5x | as long as short |
| SoDEX MSTR-USD | +0.0086% | 1h | 167.06 | +1.114% | $44K | $3K | 10x | as long as short |
| Nado MSTR-PERP | +0.0093% | 1h | 166.73 | +0.915% | $144K | $135K | 3x | as long as short |
| Pacifica MSTR | +0.0100% | 1h | 167.21 | +1.206% | $103K | $66K | 10x | as long as short |
| KuCoin MSTRUSDTM | +0.0100% | 8h | 167.21 | +1.204% | $2.4M | $2.8M | 20x | as long as short |
| ApeX Omni MSTRUSDTshort | +0.0100% | 1h | 167.62 | +1.453% | $6K | $151K | 50x | |
| Orderly PERP_MSTR_USDC_mythos | +0.0100% | 8h | 167.17 | +1.180% | $2K | $11K | 10x | as long as short |
| Bitget MSTRUSDT | +0.0101% | 8h | 167.36 | +1.295% | $32.1M | $101.8M | 25x | as long as short |
| Aevo MSTR-PERP | +0.0104% | 1h | 167.20 | +1.201% | $139 | $100 | 10x | as long as short |
| Bybit MSTRUSDT | +0.0139% | 8h | 167.33 | +1.277% | $16.0M | $38.0M | 50x | as long as short |
| tradeXYZ xyz:MSTR | +0.0171% | 1h | 167.22 | +1.211% | $55.2M | $33.2M | 10x | as long as short |
| OKX MSTR-USDT-SWAP | +0.0236% | 8h | 167.36 | +1.295% | $22.2M | $78.8M | 50x | as long as short |
| Aster MSTRUSDT | +0.0242% | 8h | 167.23 | +1.217% | $1.8M | $6.0M | 50x | as long as short |
| Phoenix MSTR | +0.0308% | 1h | 167.02 | +1.089% | $56K | $213K | 10x | as long as short |
| Variational Omni MSTR | +0.0326% | 8h | 167.01 | +1.083% | $1.2M | $1.6M | — | as long as short |
| GRVT MSTR_USDT_Perp | +0.0359% | 8h | 167.06 | +1.114% | $87K | $980K | 10x | as long as short |
| Binance MSTRUSDT | +0.0417% | 8h | 167.29 | +1.253% | $87.3M | $509.6M | 50x | as long as short |
| edgeX MSTRUSDC | +0.0430% | 4h | 167.36 | +1.296% | $49K | $4.4M | 10x | as long as short |
| RISEx MSTR/USDC | +0.0459% | 1h | 167.09 | +1.129% | $302K | $353K | 10x | as long as short |
| BloFin MSTR-USDT | +0.0555% | 8h | 167.11 | +1.144% | $1.1M | $1.9M | 20x | as long as short |
| Deribit MSTR_USDC-PERPETUAL | +0.0648% | 1h | 167.17 | +1.180% | $284K | $171K | 10x | as long as short |
| Arcus MSTR-USD | +0.0803% | 1h | 167.12 | +1.150% | $26K | $67K | 10x | as long as short |
Injective MSTR/USDC PERP
ApeX Omni MSTRUSDT
Extended MSTR_24_5-USD
Gate MSTR_USDT
Phemex MSTRUSDT
Lighter MSTR
Polymarket Perps MSTR-USD
Coinbase International MSTR-PERP-INTX
Paradex MSTR-USD-PERP
SoDEX MSTR-USD
Pacifica MSTR
KuCoin MSTRUSDTM
Bitget MSTRUSDT
Bybit MSTRUSDT
tradeXYZ xyz:MSTR
OKX MSTR-USDT-SWAP
Aster MSTRUSDT
Phoenix MSTR
Variational Omni MSTR
GRVT MSTR_USDT_Perp
Binance MSTRUSDT
edgeX MSTRUSDC
RISEx MSTR/USDC
BloFin MSTR-USDT
Deribit MSTR_USDC-PERPETUAL