Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Aevo against Orderly0.000%7-day average — · you buy dearer than you sell
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—needs both histories
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_MSTR_USDC_mythos | 164.60 | 0.0100 | pay 0.0100% / 8h | 5h 34m | $3K | $8K | 10x |
| Short | Aevo MSTR-PERP | 164.60 | 0.0104 | get 0.0013% / 1h | 34m 45s | $137 | — | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Orderly. 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
- $0.84
- Price spread: 0.000% → 0.000%
- −$0.02
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$21.18
- Costs to cover
- 0.220%
- Break-even
- 183.5 days
Slippage unknown: Orderly: 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Aevo no order-book sample | — | — | — | — | — |
Orderly 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 | −0.1276% | 8h | 164.64 | +0.024% | $27.7M | $114.4M | 25x | as long as short |
| Aster MSTRUSDT | 0.0000% | 8h | 164.49 | −0.070% | $1.8M | $8.4M | 50x | as long as short |
| OKX MSTR-USDT-SWAP | 0.0000% | 8h | 164.58 | −0.012% | $20.8M | $99.5M | 50x | as long as short |
| Gate MSTR_USDT | 0.0000% | 8h | 164.77 | +0.103% | $4.6M | $18.5M | 50x | as long as short |
| Phemex MSTRUSDT | 0.0000% | 4h | 164.61 | +0.006% | $2.8M | $71K | 10x | as long as short |
| Variational Omni MSTR | +0.0029% | 8h | 164.54 | −0.035% | $1.2M | $2.1M | — | as long as short |
| Lighter MSTR | +0.0032% | 1h | 164.56 | −0.024% | $3.5M | $1.9M | 10x | as long as short |
| Extended MSTR_24_5-USD | +0.0032% | 1h | 164.45 | −0.088% | $594K | $1.9M | 10x | as long as short |
| Injective MSTR/USDC PERP | +0.0033% | 1h | 169.34 | +2.880% | $8K | $26K | 30x | as long as short |
| Arcus MSTR-USD | +0.0040% | 1h | 164.42 | −0.109% | $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 | 164.39 | −0.128% | — | $1.7M | 25x | as long as short |
| Polymarket Perps MSTR-USD | +0.0050% | 1h | 164.48 | −0.073% | $383K | $2.7M | 10x | as long as short |
| SoDEX MSTR-USD | +0.0050% | 1h | 164.58 | −0.012% | $43K | $3K | 10x | as long as short |
| Ondo Perps MSTR-USD.P | +0.0050% | 1h | 164.34 | −0.158% | $855K | $4.2M | 10x | as long as short |
| QFEX MSTR-USD | +0.0060% | 1h | 164.53 | −0.043% | $1.4M | $7.6M | 10x | as long as short |
| tradeXYZ xyz:MSTR | +0.0078% | 1h | 164.45 | −0.091% | $55.0M | $36.6M | 10x | as long as short |
| Binance MSTRUSDT | +0.0095% | 8h | 164.65 | +0.030% | $88.3M | $619.0M | 50x | as long as short |
| Pacifica MSTR | +0.0100% | 1h | 164.47 | −0.078% | $101K | $84K | 10x | as long as short |
| KuCoin MSTRUSDTM | +0.0100% | 8h | 164.51 | −0.055% | $2.4M | $2.7M | 20x | as long as short |
| ApeX Omni MSTRUSDT | +0.0100% | 1h | 164.28 | −0.194% | $4K | $184K | 50x | as long as short |
| Orderly PERP_MSTR_USDC_mythoslong | +0.0100% | 8h | 164.60 | long leg | $3K | $8K | 10x | |
| Aevo MSTR-PERPshort | +0.0104% | 1h | 164.60 | 0.000% | $137 | — | 10x | |
| Paradex MSTR-USD-PERP | +0.0144% | 8h | 164.52 | −0.048% | $66 | — | 5x | as long as short |
| GRVT MSTR_USDT_Perp | +0.0158% | 8h | 164.48 | −0.073% | $77K | $763K | 10x | as long as short |
| Coinbase International MSTR-PERP-INTX | +0.0200% | 1h | 164.09 | −0.310% | $1.4M | $1.1M | 10x | as long as short |
| BloFin MSTR-USDT | +0.0215% | 8h | 164.57 | −0.018% | $1.0M | $1.9M | 20x | as long as short |
| Nado MSTR-PERP | +0.0219% | 1h | 164.43 | −0.106% | $122K | $149K | 3x | as long as short |
| edgeX MSTRUSDC | +0.0283% | 4h | 164.31 | −0.179% | $49K | $5.4M | 10x | as long as short |
| RISEx MSTR/USDC | +0.0291% | 1h | 164.54 | −0.036% | $269K | $447K | 10x | as long as short |
| Phoenix MSTR | +0.0336% | 1h | 164.24 | −0.219% | $55K | $227K | 10x | as long as short |
| Bybit MSTRUSDT | +0.0350% | 8h | 164.67 | +0.043% | $17.1M | $40.7M | 50x | as long as short |
| Deribit MSTR_USDC-PERPETUAL | +0.0844% | 1h | 164.65 | +0.030% | $280K | $438K | 10x | as long as short |
Bitget MSTRUSDT
Aster MSTRUSDT
OKX MSTR-USDT-SWAP
Gate MSTR_USDT
Phemex MSTRUSDT
Variational Omni MSTR
Lighter MSTR
Extended MSTR_24_5-USD
Injective MSTR/USDC PERP
Polymarket Perps MSTR-USD
SoDEX MSTR-USD
tradeXYZ xyz:MSTR
Binance MSTRUSDT
Pacifica MSTR
KuCoin MSTRUSDTM
ApeX Omni MSTRUSDT
Paradex MSTR-USD-PERP
GRVT MSTR_USDT_Perp
Coinbase International MSTR-PERP-INTX
BloFin MSTR-USDT
edgeX MSTRUSDC
RISEx MSTR/USDC
Phoenix MSTR
Bybit MSTRUSDT
Deribit MSTR_USDC-PERPETUAL