Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h −0.021%
Price spread now: Aevo against Pacifica−0.023%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
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.023% cheaper against Pacifica than usual: you would sell low and buy high, −$2 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 | Pacifica MSTR | 169.28 | 0.0100 | pay 0.0013% / 1h | 4m 14s | $105K | $87K | 10x |
| Short | Aevo MSTR-PERP | 169.24 | 0.0104 | get 0.0013% / 1h | 4m 14s | $140 | — | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Pacifica. 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: −0.023% → 0.000%
- −$2.28
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$25.44
- Costs to cover
- 0.240%
- Break-even
- 219.0 days
Slippage unknown: Pacifica: live order book, 8 min ago; 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 Pacifica live order book, 8 min ago | 1.33 bp | 5.3 bp −$5 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aevo no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| Nado MSTR-PERP | −0.0045% | 1h | 169.14 | −0.082% | $139K | $97K | 3x | as long as short |
| Aster MSTRUSDT | 0.0000% | 8h | 169.12 | −0.093% | $1.3M | $6.1M | 50x | as long as short |
| OKX MSTR-USDT-SWAP | 0.0000% | 8h | 169.38 | +0.061% | $21.9M | $106.3M | 50x | as long as short |
| Gate MSTR_USDT | 0.0000% | 8h | 169.31 | +0.020% | $4.7M | $19.6M | 50x | as long as short |
| Variational Omni MSTR | 0.0000% | 8h | 169.00 | −0.162% | $1.2M | $2.4M | — | as long as short |
| Phemex MSTRUSDT | 0.0000% | 4h | 169.20 | −0.045% | $2.9M | $66K | 10x | as long as short |
| RISEx MSTR/USDC | +0.0001% | 1h | 169.26 | −0.011% | $276K | $441K | 10x | as long as short |
| Bitget MSTRUSDT | +0.0028% | 8h | 169.43 | +0.090% | $28.8M | $119.8M | 25x | as long as short |
| GRVT MSTR_USDT_Perp | +0.0028% | 8h | 169.01 | −0.159% | $77K | $871K | 10x | as long as short |
| Lighter MSTR | +0.0032% | 1h | 169.33 | +0.031% | $3.6M | $2.4M | 10x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended MSTR_24_5-USD | +0.0032% | 1h | 169.20 | −0.044% | $581K | $1.8M | 10x | as long as short |
| Binance MSTRUSDT | +0.0045% | 8h | 169.39 | +0.066% | $89.3M | $628.6M | 50x | as long as short |
| Vest MSTR-USD-PERP | +0.0046% | 1h | 169.33 | +0.031% | — | $2.1M | 25x | as long as short |
| QFEX MSTR-USD | +0.0049% | 1h | 169.25 | −0.016% | $1.5M | $10.2M | 10x | as long as short |
| Polymarket Perps MSTR-USD | +0.0050% | 1h | 169.26 | −0.010% | $399K | $2.8M | 10x | as long as short |
| SoDEX MSTR-USD | +0.0050% | 1h | 169.28 | +0.002% | $45K | $3K | 10x | as long as short |
| Ondo Perps MSTR-USD.P | +0.0050% | 1h | 168.91 | −0.217% | $773K | $5.2M | 10x | as long as short |
| Bybit MSTRUSDT | +0.0062% | 8h | 169.39 | +0.067% | $15.2M | $40.3M | 50x | as long as short |
| BloFin MSTR-USDT | +0.0067% | 8h | 169.08 | −0.116% | $1.1M | $1.9M | 20x | as long as short |
| Paradex MSTR-USD-PERP | +0.0095% | 8h | 169.18 | −0.058% | $68 | — | 5x | as long as short |
| Coinbase International MSTR-PERP-INTX | +0.0096% | 1h | 168.75 | −0.311% | $1.4M | $1.2M | 10x | as long as short |
| Pacifica MSTRlong | +0.0100% | 1h | 169.28 | long leg | $105K | $87K | 10x | |
| KuCoin MSTRUSDTM | +0.0100% | 8h | 169.18 | −0.057% | $2.5M | $2.8M | 20x | as long as short |
| ApeX Omni MSTRUSDT | +0.0100% | 1h | 168.96 | −0.187% | $4K | $253K | 50x | as long as short |
| Orderly PERP_MSTR_USDC_mythos | +0.0100% | 8h | 169.23 | −0.028% | $3K | $10K | 10x | as long as short |
| Injective MSTR/USDC PERP | +0.0104% | 1h | 168.88 | −0.235% | $13K | $21K | 30x | as long as short |
| Aevo MSTR-PERPshort | +0.0104% | 1h | 169.24 | −0.023% | $140 | — | 10x | |
| tradeXYZ xyz:MSTR | +0.0128% | 1h | 169.27 | −0.004% | $57.2M | $36.9M | 10x | as long as short |
| Phoenix MSTR | +0.0260% | 1h | 169.09 | −0.113% | $57K | $392K | 10x | as long as short |
| edgeX MSTRUSDC | +0.0382% | 4h | 169.04 | −0.137% | $47K | $5.5M | 10x | as long as short |
| Arcus MSTR-USD | +0.0738% | 1h | 169.33 | +0.031% | $27K | $129K | 10x | as long as short |
| Deribit MSTR_USDC-PERPETUAL | +0.0932% | 1h | 169.44 | +0.096% | $288K | $438K | 10x | as long as short |
Pacifica MSTR
Aster MSTRUSDT
OKX MSTR-USDT-SWAP
Gate MSTR_USDT
Variational Omni MSTR
Phemex MSTRUSDT
RISEx MSTR/USDC
Bitget MSTRUSDT
GRVT MSTR_USDT_Perp
Lighter MSTR
Extended MSTR_24_5-USD
Binance MSTRUSDT
Polymarket Perps MSTR-USD
SoDEX MSTR-USD
Bybit MSTRUSDT
BloFin MSTR-USDT
Paradex MSTR-USD-PERP
Coinbase International MSTR-PERP-INTX
KuCoin MSTRUSDTM
ApeX Omni MSTRUSDT
Injective MSTR/USDC PERP
tradeXYZ xyz:MSTR
Phoenix MSTR
edgeX MSTRUSDC
Deribit MSTR_USDC-PERPETUAL