Funding you earn now, next payment 04:00 UTC+0.0054%/8h= +5.9% APRnext payment +$0.07 per $10,000 · paid last 24h +0.016%
Price spread now: Aevo against Ondo Perps+0.121%7-day average — · you sell dearer than you buy
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—+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Aevo is 0.121% dearer against Ondo Perps than usual: you sell high and buy low: +$12 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 | Ondo Perps MSTR-USD.P | 164.52 | 0.0050 | pay 0.0006% / 1h | 43m 54s | $866K | $4.1M | 10x |
| Short | Aevo MSTR-PERP | 164.72 | 0.0104 | get 0.0013% / 1h | 43m 54s | $137 | — | 10x |
Ondo Perps MSTR-USD.P
Aevo MSTR-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Ondo Perps. 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
- $11.26
- Price spread: +0.121% → 0.000%
- $12.07
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- $2.33
- Costs to cover
- 0.210%
- Break-even
- 5.6 days
Slippage unknown: Ondo Perps: no order-book sample; 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Aevo no order-book sample | — | — | — | — | — |
Ondo Perps and 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 | −0.0836% | 8h | 164.87 | +0.213% | $27.7M | $115.1M | 25x | as long as short |
| Gate MSTR_USDT | −0.0044% | 8h | 164.76 | +0.146% | $4.6M | $18.4M | 50x | as long as short |
| Aster MSTRUSDT | 0.0000% | 8h | 164.71 | +0.115% | $1.8M | $8.5M | 50x | as long as short |
| Phemex MSTRUSDT | 0.0000% | 4h | 164.76 | +0.146% | $2.8M | $72K | 10x | as long as short |
| OKX MSTR-USDT-SWAP | +0.0010% | 8h | 164.72 | +0.122% | $20.6M | $99.8M | 50x | as long as short |
| Lighter MSTR | +0.0032% | 1h | 164.63 | +0.067% | $3.5M | $1.9M | 10x | as long as short |
| Extended MSTR_24_5-USD | +0.0032% | 1h | 164.53 | +0.006% | $595K | $1.9M | 10x | as long as short |
| Injective MSTR/USDC PERP | +0.0033% | 1h | 169.34 | +2.930% | $8K | $26K | 30x | as long as short |
| RISEx MSTR/USDC | +0.0034% | 1h | 164.71 | +0.115% | $267K | $449K | 10x | as long as short |
| Arcus MSTR-USD | +0.0040% | 1h | 164.78 | +0.158% | $26K | $109K | 10x | as long as short |
Bitget MSTRUSDT
Gate MSTR_USDT
Aster MSTRUSDT
Phemex MSTRUSDT
OKX MSTR-USDT-SWAP
Lighter MSTR
Extended MSTR_24_5-USD
Injective MSTR/USDC PERP
RISEx MSTR/USDC
Arcus MSTR-USDShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest MSTR-USD-PERP | +0.0046% | 1h | 164.65 | +0.079% | — | $1.7M | 25x | as long as short |
| Polymarket Perps MSTR-USD | +0.0050% | 1h | 164.70 | +0.109% | $381K | $2.7M | 10x | as long as short |
| SoDEX MSTR-USD | +0.0050% | 1h | 164.69 | +0.103% | $43K | $3K | 10x | as long as short |
| Ondo Perps MSTR-USD.Plong | +0.0050% | 1h | 164.52 | long leg | $866K | $4.1M | 10x | |
| QFEX MSTR-USD | +0.0054% | 1h | 164.68 | +0.097% | $1.4M | $7.5M | 10x | as long as short |
| Variational Omni MSTR | +0.0063% | 8h | 164.69 | +0.106% | $1.2M | $2.1M | — | as long as short |
| Pacifica MSTR | +0.0100% | 1h | 164.68 | +0.100% | $101K | $83K | 10x | as long as short |
| KuCoin MSTRUSDTM | +0.0100% | 8h | 164.63 | +0.067% | $2.4M | $2.7M | 20x | as long as short |
| ApeX Omni MSTRUSDT | +0.0100% | 1h | 164.45 | −0.043% | $6K | $185K | 50x | as long as short |
| Orderly PERP_MSTR_USDC_mythos | +0.0100% | 8h | 164.73 | +0.128% | $3K | $8K | 10x | as long as short |
| Aevo MSTR-PERPshort | +0.0104% | 1h | 164.72 | +0.121% | $137 | — | 10x | |
| Binance MSTRUSDT | +0.0125% | 8h | 164.73 | +0.126% | $88.0M | $617.8M | 50x | as long as short |
| Paradex MSTR-USD-PERP | +0.0141% | 8h | 164.60 | +0.051% | $66 | — | 5x | as long as short |
| GRVT MSTR_USDT_Perp | +0.0159% | 8h | 164.81 | +0.175% | $78K | $770K | 10x | as long as short |
| Coinbase International MSTR-PERP-INTX | +0.0168% | 1h | 164.77 | +0.152% | $1.4M | $1.1M | 10x | as long as short |
| Phoenix MSTR | +0.0213% | 1h | 164.56 | +0.023% | $56K | $226K | 10x | as long as short |
| BloFin MSTR-USDT | +0.0244% | 8h | 164.67 | +0.091% | $1.0M | $2.0M | 20x | as long as short |
| tradeXYZ xyz:MSTR | +0.0251% | 1h | 164.69 | +0.103% | $55.0M | $36.9M | 10x | as long as short |
| Nado MSTR-PERP | +0.0281% | 1h | 164.54 | +0.014% | $122K | $148K | 3x | as long as short |
| Bybit MSTRUSDT | +0.0367% | 8h | 164.79 | +0.164% | $17.1M | $40.7M | 50x | as long as short |
| edgeX MSTRUSDC | +0.0537% | 4h | 164.68 | +0.094% | $49K | $5.4M | 10x | as long as short |
| Deribit MSTR_USDC-PERPETUAL | +0.0722% | 1h | 164.71 | +0.115% | $280K | $438K | 10x | as long as short |
Vest MSTR-USD-PERP
Polymarket Perps MSTR-USD
SoDEX MSTR-USD
QFEX MSTR-USD
Variational Omni MSTR
Pacifica MSTR
KuCoin MSTRUSDTM
ApeX Omni MSTRUSDT
Orderly PERP_MSTR_USDC_mythos
Binance MSTRUSDT
Paradex MSTR-USD-PERP
GRVT MSTR_USDT_Perp
Coinbase International MSTR-PERP-INTX
Phoenix MSTR
BloFin MSTR-USDT
tradeXYZ xyz:MSTR
Nado MSTR-PERP
Bybit MSTRUSDT
edgeX MSTRUSDC
Deribit MSTR_USDC-PERPETUAL