MSTR

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0113%/8h= −12.4% APRnext payment −$0.14 per $10,000 · paid last 24h −0.003%

Price spread now: Aevo against Nado+0.077%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Nado Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropNado: Active · farm boardneeds both histories

The price spread pays, funding is against you. Aevo is 0.077% dearer against Nado than usual: you sell high and buy low (spread +0.077% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.3 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado MSTR-PERP	165.05	0.0217	pay 0.0027% / 1h	31m 10s	$122K	$150K	3x
Short	Aevo MSTR-PERP	165.17	0.0104	get 0.0013% / 1h	31m 10s	$137	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Nado. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee NadobpFee AevobpOrdersPrice spread, now +0.077%Rate

Funding earned: −$23.74
Price spread: +0.077% → 0.000%: $7.66
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$39.08
Costs to cover: 0.230%
Break-even: never at this rate

Slippage unknown: Nado: live order book, 31 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 Nado live order book, 31 min ago	6.99 bp	27.0 bp −$27	75.8 bp −$758	doesn't fit	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 MSTRUSDT	−0.1242%	8h	165.31	+0.159%	$27.8M	$114.4M	25x	as long as short
Aster MSTRUSDT	0.0000%	8h	165.02	−0.017%	$1.9M	$8.4M	50x	as long as short
OKX MSTR-USDT-SWAP	0.0000%	8h	165.32	+0.165%	$20.8M	$100.2M	50x	as long as short
Gate MSTR_USDT	0.0000%	8h	165.17	+0.074%	$4.6M	$18.5M	50x	as long as short
Phemex MSTRUSDT	0.0000%	4h	165.24	+0.117%	$2.8M	$71K	10x	as long as short
Variational Omni MSTR	+0.0029%	8h	164.54	−0.306%	$1.2M	$2.1M	—	as long as short
Lighter MSTR	+0.0032%	1h	165.22	+0.105%	$3.5M	$1.9M	10x	as long as short
Extended MSTR_24_5-USD	+0.0032%	1h	165.00	−0.029%	$594K	$1.9M	10x	as long as short
Injective MSTR/USDC PERP	+0.0033%	1h	169.34	+2.601%	$8K	$26K	30x	as long as short
Arcus MSTR-USD	+0.0040%	1h	164.74	−0.186%	$26K	$112K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest MSTR-USD-PERP	+0.0046%	1h	165.02	−0.017%	—	$1.7M	25x	as long as short
Polymarket Perps MSTR-USD	+0.0050%	1h	165.04	−0.005%	$385K	$2.7M	10x	as long as short
Ondo Perps MSTR-USD.P	+0.0050%	1h	164.35	−0.423%	$868K	$4.2M	10x	as long as short
QFEX MSTR-USD	+0.0060%	1h	165.06	+0.008%	$1.4M	$7.6M	10x	as long as short
tradeXYZ xyz:MSTR	+0.0074%	1h	165.00	−0.029%	$55.0M	$36.7M	10x	as long as short
SoDEX MSTR-USD	+0.0095%	1h	165.01	−0.023%	$43K	$3K	10x	as long as short
Binance MSTRUSDT	+0.0099%	8h	165.32	+0.165%	$88.6M	$618.8M	50x	as long as short
Pacifica MSTR	+0.0100%	1h	165.01	−0.021%	$101K	$84K	10x	as long as short
KuCoin MSTRUSDTM	+0.0100%	8h	165.12	+0.044%	$2.4M	$2.7M	20x	as long as short
ApeX Omni MSTRUSDT	+0.0100%	1h	164.51	−0.326%	$4K	$184K	50x	as long as short
Orderly PERP_MSTR_USDC_mythos	+0.0100%	8h	165.14	+0.056%	$3K	$8K	10x	as long as short
Aevo MSTR-PERPshort	+0.0104%	1h	165.17	+0.077%	$137	—	10x
Paradex MSTR-USD-PERP	+0.0145%	8h	164.97	−0.048%	$66	—	5x	as long as short
GRVT MSTR_USDT_Perp	+0.0169%	8h	164.79	−0.159%	$77K	$763K	10x	as long as short
Coinbase International MSTR-PERP-INTX	+0.0200%	1h	164.09	−0.580%	$1.4M	$1.1M	10x	as long as short
Nado MSTR-PERPlong	+0.0217%	1h	165.05	long leg	$122K	$150K	3x
BloFin MSTR-USDT	+0.0219%	8h	165.30	+0.153%	$1.0M	$2.0M	20x	as long as short
edgeX MSTRUSDC	+0.0277%	4h	164.71	−0.205%	$49K	$5.4M	10x	as long as short
RISEx MSTR/USDC	+0.0291%	1h	165.07	+0.012%	$270K	$447K	10x	as long as short
Phoenix MSTR	+0.0336%	1h	164.64	−0.245%	$56K	$227K	10x	as long as short
Bybit MSTRUSDT	+0.0354%	8h	165.33	+0.171%	$17.2M	$40.7M	50x	as long as short
Deribit MSTR_USDC-PERPETUAL	+0.1083%	1h	165.24	+0.117%	$281K	$438K	10x	as long as short