MSTR

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0144%/8h= −15.8% APRnext payment −$0.18 per $10,000 · paid last 24h −0.025%

Price spread now: Vest against Nado−0.005%7-day average −0.811% · you buy dearer than you sell

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

Long on Nado Short on Vest

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.039%+$4 on $10k

Price spread, last 4 days (all we have)+0.127%+$13 · spread now −0.005%, 7d avg −0.811%

Together, before fees+0.166%+ Points / potential airdropNado: Active · Vest: Active · farm board+$17 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Vest is 0.806% dearer against Nado than usual: you sell high and buy low (spread −0.005% now, against its 7-day average of −0.811%): +$81 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 19 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado MSTR-PERP	162.79	0.0190	pay 0.0024% / 1h	33m 06s	$125K	$157K	3x
Short	Vest MSTR-USD-PERP	162.78	0.0046	get 0.0006% / 1h	33m 06s	—	$1.7M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

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

latest

Price spreadloading…

Funding on every exchange

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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 VestbpOrdersPrice spread, now −0.005%Rate

Funding earned: −$30.23
Price spread: −0.005% → −0.811%: $80.62
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Vest: 1 bp × 2 orders: −$2
Net: $41.39
Costs to cover: 0.090%
Break-even: from the start

Slippage unknown: Nado: live order book, 64 min ago; Vest: 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, 64 min ago	4.90 bp	8.4 bp −$8	56.0 bp −$560	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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	−0.0051%	8h	162.89	+0.063%	$30.6M	$118.1M	25x	as long as short
Gate MSTR_USDT	0.0000%	8h	162.89	+0.063%	$4.7M	$18.6M	50x	as long as short
Phemex MSTRUSDT	0.0000%	4h	162.85	+0.038%	$2.7M	$86K	10x	as long as short
edgeX MSTRUSDC	+0.0032%	4h	162.99	+0.126%	$47K	$5.4M	10x	as long as short
Extended MSTR_24_5-USD	+0.0032%	1h	162.78	−0.005%	$593K	$2.0M	10x	as long as short
Injective MSTR/USDC PERP	+0.0033%	1h	169.34	+4.025%	$8K	$25K	30x	as long as short
Arcus MSTR-USD	+0.0040%	1h	162.98	+0.118%	$26K	$114K	10x	as long as short
Vest MSTR-USD-PERPshort	+0.0046%	1h	162.78	−0.005%	—	$1.7M	25x
Polymarket Perps MSTR-USD	+0.0050%	1h	162.83	+0.026%	$377K	$2.7M	10x	as long as short
SoDEX MSTR-USD	+0.0050%	1h	162.83	+0.026%	$43K	$3K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps MSTR-USD.P	+0.0050%	1h	162.95	+0.100%	$902K	$3.7M	10x	as long as short
QFEX MSTR-USD	+0.0061%	1h	162.90	+0.069%	$1.3M	$7.0M	10x	as long as short
Pacifica MSTR	+0.0100%	1h	162.82	+0.022%	$100K	$89K	10x	as long as short
KuCoin MSTRUSDTM	+0.0100%	8h	162.87	+0.051%	$2.3M	$2.7M	20x	as long as short
ApeX Omni MSTRUSDT	+0.0100%	1h	162.87	+0.051%	$6K	$182K	50x	as long as short
Orderly PERP_MSTR_USDC_mythos	+0.0100%	8h	162.88	+0.057%	$3K	$13K	10x	as long as short
Aevo MSTR-PERP	+0.0104%	1h	162.92	+0.083%	$135	—	10x	as long as short
Coinbase International MSTR-PERP-INTX	+0.0120%	1h	162.62	−0.103%	$1.4M	$1.1M	10x	as long as short
Aster MSTRUSDT	+0.0130%	8h	162.95	+0.099%	$1.8M	$8.7M	50x	as long as short
Paradex MSTR-USD-PERP	+0.0177%	8h	162.87	+0.052%	$65	—	5x	as long as short
Lighter MSTR	+0.0184%	1h	162.85	+0.038%	$3.5M	$1.7M	10x	as long as short
Nado MSTR-PERPlong	+0.0190%	1h	162.79	long leg	$125K	$157K	3x
OKX MSTR-USDT-SWAP	+0.0235%	8h	162.84	+0.032%	$20.8M	$98.2M	50x	as long as short
Variational Omni MSTR	+0.0245%	8h	163.03	+0.148%	$1.2M	$2.0M	—	as long as short
Binance MSTRUSDT	+0.0325%	8h	162.88	+0.057%	$84.5M	$618.0M	50x	as long as short
RISEx MSTR/USDC	+0.0400%	1h	162.89	+0.064%	$268K	$402K	10x	as long as short
tradeXYZ xyz:MSTR	+0.0432%	1h	162.77	−0.011%	$53.6M	$37.5M	10x	as long as short
BloFin MSTR-USDT	+0.0445%	8h	162.87	+0.051%	$1.0M	$2.1M	20x	as long as short
Phoenix MSTR	+0.0460%	1h	163.06	+0.167%	$55K	$223K	10x	as long as short
Deribit MSTR_USDC-PERPETUAL	+0.0487%	1h	162.85	+0.038%	$277K	$430K	10x	as long as short
GRVT MSTR_USDT_Perp	+0.0522%	8h	163.04	+0.155%	$84K	$846K	10x	as long as short
Bybit MSTRUSDT	+0.0607%	8h	162.89	+0.063%	$17.1M	$41.2M	50x	as long as short