Settings8H · net · $10k
Funding arb · Price arb /

MSTR

RWAall MSTR markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_MSTR_USDC_mythos164.600.0100pay 0.0100% / 8h5h 34m$3K$8K10x
ShortAevo MSTR-PERP164.600.0104get 0.0013% / 1h34m 45s$13710x

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 it
latest
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
LegHalf-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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget MSTRUSDT−0.1276%8h164.64+0.024%$27.7M$114.4M25xas long as short
Aster MSTRUSDT0.0000%8h164.49−0.070%$1.8M$8.4M50xas long as short
OKX MSTR-USDT-SWAP0.0000%8h164.58−0.012%$20.8M$99.5M50xas long as short
Gate MSTR_USDT0.0000%8h164.77+0.103%$4.6M$18.5M50xas long as short
Phemex MSTRUSDT0.0000%4h164.61+0.006%$2.8M$71K10xas long as short
Variational Omni MSTR+0.0029%8h164.54−0.035%$1.2M$2.1Mas long as short
Lighter MSTR+0.0032%1h164.56−0.024%$3.5M$1.9M10xas long as short
Extended MSTR_24_5-USD+0.0032%1h164.45−0.088%$594K$1.9M10xas long as short
Injective MSTR/USDC PERP+0.0033%1h169.34+2.880%$8K$26K30xas long as short
Arcus MSTR-USD+0.0040%1h164.42−0.109%$26K$112K10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest MSTR-USD-PERP+0.0046%1h164.39−0.128%$1.7M25xas long as short
Polymarket Perps MSTR-USD+0.0050%1h164.48−0.073%$383K$2.7M10xas long as short
SoDEX MSTR-USD+0.0050%1h164.58−0.012%$43K$3K10xas long as short
Ondo Perps MSTR-USD.P+0.0050%1h164.34−0.158%$855K$4.2M10xas long as short
QFEX MSTR-USD+0.0060%1h164.53−0.043%$1.4M$7.6M10xas long as short
tradeXYZ xyz:MSTR+0.0078%1h164.45−0.091%$55.0M$36.6M10xas long as short
Binance MSTRUSDT+0.0095%8h164.65+0.030%$88.3M$619.0M50xas long as short
Pacifica MSTR+0.0100%1h164.47−0.078%$101K$84K10xas long as short
KuCoin MSTRUSDTM+0.0100%8h164.51−0.055%$2.4M$2.7M20xas long as short
ApeX Omni MSTRUSDT+0.0100%1h164.28−0.194%$4K$184K50xas long as short
Orderly PERP_MSTR_USDC_mythoslong+0.0100%8h164.60long leg$3K$8K10x
Aevo MSTR-PERPshort+0.0104%1h164.600.000%$13710x
Paradex MSTR-USD-PERP+0.0144%8h164.52−0.048%$665xas long as short
GRVT MSTR_USDT_Perp+0.0158%8h164.48−0.073%$77K$763K10xas long as short
Coinbase International MSTR-PERP-INTX+0.0200%1h164.09−0.310%$1.4M$1.1M10xas long as short
BloFin MSTR-USDT+0.0215%8h164.57−0.018%$1.0M$1.9M20xas long as short
Nado MSTR-PERP+0.0219%1h164.43−0.106%$122K$149K3xas long as short
edgeX MSTRUSDC+0.0283%4h164.31−0.179%$49K$5.4M10xas long as short
RISEx MSTR/USDC+0.0291%1h164.54−0.036%$269K$447K10xas long as short
Phoenix MSTR+0.0336%1h164.24−0.219%$55K$227K10xas long as short
Bybit MSTRUSDT+0.0350%8h164.67+0.043%$17.1M$40.7M50xas long as short
Deribit MSTR_USDC-PERPETUAL+0.0844%1h164.65+0.030%$280K$438K10xas long as short