Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRnext payment −$0.00 per $10,000 · paid last 24h +0.022%
Price spread now: SoDEX against Ondo Perps+0.079%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 airdropOndo Perps: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SoDEX is 0.079% dearer against Ondo Perps than usual: you sell high and buy low, +$8 on $10k if it 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 | 164.30 | 0.0050 | pay 0.0006% / 1h | 48m 21s | $858K | $4.0M | 10x |
| Short | SoDEX MSTR-USD | 164.43 | 0.0050 | get 0.0006% / 1h | 48m 21s | $43K | $3K | 10x |
Ondo Perps MSTR-USD.P
SoDEX MSTR-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- −$0.08
- Price spread: +0.079% → 0.000%
- $7.91
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$5.17
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; SoDEX: 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 SoDEX no order-book sample | — | — | — | — | — |
Ondo Perps and SoDEX: 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 | −0.0888% | 8h | 164.63 | +0.201% | $27.9M | $115.3M | 25x | as long as short |
| Aster MSTRUSDT | 0.0000% | 8h | 164.56 | +0.156% | $1.8M | $8.6M | 50x | as long as short |
| Gate MSTR_USDT | 0.0000% | 8h | 164.51 | +0.128% | $4.6M | $18.8M | 50x | as long as short |
| Phemex MSTRUSDT | 0.0000% | 4h | 164.34 | +0.024% | $2.8M | $75K | 10x | as long as short |
| Extended MSTR_24_5-USD | +0.0032% | 1h | 164.28 | −0.012% | $593K | $1.9M | 10x | as long as short |
| OKX MSTR-USDT-SWAP | +0.0033% | 8h | 164.48 | +0.110% | $20.7M | $99.6M | 50x | as long as short |
| Injective MSTR/USDC PERP | +0.0033% | 1h | 169.34 | +3.068% | $8K | $26K | 30x | as long as short |
| Arcus MSTR-USD | +0.0040% | 1h | 164.51 | +0.128% | $26K | $109K | 10x | as long as short |
| Vest MSTR-USD-PERP | +0.0046% | 1h | 164.33 | +0.018% | — | $1.7M | 25x | as long as short |
| Polymarket Perps MSTR-USD | +0.0050% | 1h | 164.52 | +0.134% | $380K | $2.7M | 10x | as long as short |
Bitget MSTRUSDT
Aster MSTRUSDT
Gate MSTR_USDT
Phemex MSTRUSDT
Extended MSTR_24_5-USD
OKX MSTR-USDT-SWAP
Injective MSTR/USDC PERP
Arcus MSTR-USD
Vest MSTR-USD-PERP
Polymarket Perps MSTR-USDShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX MSTR-USDshort | +0.0050% | 1h | 164.43 | +0.079% | $43K | $3K | 10x | |
| Ondo Perps MSTR-USD.Plong | +0.0050% | 1h | 164.30 | long leg | $858K | $4.0M | 10x | |
| Lighter MSTR | +0.0056% | 1h | 164.45 | +0.091% | $3.5M | $1.9M | 10x | as long as short |
| QFEX MSTR-USD | +0.0067% | 1h | 164.54 | +0.146% | $1.4M | $7.3M | 10x | as long as short |
| Variational Omni MSTR | +0.0100% | 8h | 164.47 | +0.101% | $1.2M | $2.1M | — | as long as short |
| Pacifica MSTR | +0.0100% | 1h | 164.50 | +0.121% | $101K | $83K | 10x | as long as short |
| KuCoin MSTRUSDTM | +0.0100% | 8h | 164.45 | +0.091% | $2.4M | $2.7M | 20x | as long as short |
| ApeX Omni MSTRUSDT | +0.0100% | 1h | 164.55 | +0.152% | $6K | $186K | 50x | as long as short |
| Orderly PERP_MSTR_USDC_mythos | +0.0100% | 8h | 164.46 | +0.097% | $4K | $8K | 10x | as long as short |
| Aevo MSTR-PERP | +0.0104% | 1h | 164.48 | +0.109% | $137 | — | 10x | as long as short |
| Paradex MSTR-USD-PERP | +0.0141% | 8h | 164.51 | +0.129% | $66 | — | 5x | as long as short |
| Binance MSTRUSDT | +0.0161% | 8h | 164.49 | +0.116% | $86.9M | $616.0M | 50x | as long as short |
| Coinbase International MSTR-PERP-INTX | +0.0168% | 1h | 164.12 | −0.110% | $1.4M | $1.1M | 10x | as long as short |
| GRVT MSTR_USDT_Perp | +0.0171% | 8h | 164.74 | +0.268% | $82K | $792K | 10x | as long as short |
| edgeX MSTRUSDC | +0.0179% | 4h | 164.56 | +0.159% | $49K | $5.3M | 10x | as long as short |
| RISEx MSTR/USDC | +0.0231% | 1h | 164.57 | +0.164% | $267K | $445K | 10x | as long as short |
| tradeXYZ xyz:MSTR | +0.0250% | 1h | 164.51 | +0.128% | $54.8M | $37.0M | 10x | as long as short |
| Nado MSTR-PERP | +0.0250% | 1h | 164.35 | +0.028% | $121K | $148K | 3x | as long as short |
| BloFin MSTR-USDT | +0.0279% | 8h | 164.33 | +0.018% | $1.0M | $2.0M | 20x | as long as short |
| Phoenix MSTR | +0.0340% | 1h | 164.38 | +0.048% | $56K | $226K | 10x | as long as short |
| Bybit MSTRUSDT | +0.0341% | 8h | 164.52 | +0.134% | $16.8M | $40.8M | 50x | as long as short |
| Deribit MSTR_USDC-PERPETUAL | +0.0723% | 1h | 164.57 | +0.164% | $280K | $438K | 10x | as long as short |
Lighter MSTR
QFEX MSTR-USD
Variational Omni MSTR
Pacifica MSTR
KuCoin MSTRUSDTM
ApeX Omni MSTRUSDT
Orderly PERP_MSTR_USDC_mythos
Aevo MSTR-PERP
Paradex MSTR-USD-PERP
Binance MSTRUSDT
Coinbase International MSTR-PERP-INTX
GRVT MSTR_USDT_Perp
edgeX MSTRUSDC
RISEx MSTR/USDC
tradeXYZ xyz:MSTR
Nado MSTR-PERP
BloFin MSTR-USDT
Phoenix MSTR
Bybit MSTRUSDT
Deribit MSTR_USDC-PERPETUAL