Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.005%
Price spread now: Orderly against Pacifica+0.106%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
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.106% dearer against Pacifica than usual: you sell high and buy low, +$11 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 | 168.62 | 0.0100 | pay 0.0013% / 1h | 40m 04s | $104K | $85K | 10x |
| Short | Orderly PERP_MSTR_USDC_mythos | 168.80 | 0.0100 | get 0.0100% / 8h | 7h 40m | $3K | $8K | 10x |
Pacifica MSTR
Orderly PERP_MSTR_USDC_mythosFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- Price spread: +0.106% → 0.000%
- $10.56
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$3.44
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Pacifica: live order book, 32 min ago; Orderly: 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, 32 min ago | 1.33 bp | 5.3 bp −$5 | doesn't fit | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | −0.0084% | 1h | 168.54 | −0.051% | $139K | $97K | 3x | as long as short |
| Aster MSTRUSDT | 0.0000% | 8h | 168.85 | +0.137% | $1.2M | $6.1M | 50x | as long as short |
| Bybit MSTRUSDT | 0.0000% | 8h | 168.83 | +0.123% | $15.2M | $39.4M | 50x | as long as short |
| OKX MSTR-USDT-SWAP | 0.0000% | 8h | 168.82 | +0.117% | $21.7M | $102.3M | 50x | as long as short |
| Gate MSTR_USDT | 0.0000% | 8h | 168.92 | +0.177% | $4.7M | $18.9M | 50x | as long as short |
| Bitget MSTRUSDT | 0.0000% | 8h | 168.90 | +0.165% | $28.5M | $114.2M | 25x | as long as short |
| Variational Omni MSTR | 0.0000% | 8h | 168.74 | +0.069% | $1.2M | $2.1M | — | as long as short |
| GRVT MSTR_USDT_Perp | 0.0000% | 8h | 168.93 | +0.185% | $85K | $860K | 10x | as long as short |
| Phemex MSTRUSDT | 0.0000% | 4h | 168.86 | +0.141% | $2.9M | $66K | 10x | as long as short |
| Lighter MSTR | +0.0032% | 1h | 168.86 | +0.141% | $3.6M | $2.0M | 10x | as long as short |
Nado MSTR-PERP
Aster MSTRUSDT
Bybit MSTRUSDT
OKX MSTR-USDT-SWAP
Gate MSTR_USDT
Bitget MSTRUSDT
Variational Omni MSTR
GRVT MSTR_USDT_Perp
Phemex MSTRUSDT
Lighter MSTRShow 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 | 168.70 | +0.046% | $581K | $1.8M | 10x | as long as short |
| QFEX MSTR-USD | +0.0035% | 1h | 168.65 | +0.017% | $1.4M | $9.6M | 10x | as long as short |
| BloFin MSTR-USDT | +0.0036% | 8h | 168.71 | +0.052% | $1.1M | $1.9M | 20x | as long as short |
| Arcus MSTR-USD | +0.0040% | 1h | 168.95 | +0.195% | $27K | $118K | 10x | as long as short |
| Vest MSTR-USD-PERP | +0.0046% | 1h | 168.71 | +0.052% | — | $1.7M | 25x | as long as short |
| Polymarket Perps MSTR-USD | +0.0050% | 1h | 168.65 | +0.017% | $396K | $2.7M | 10x | as long as short |
| SoDEX MSTR-USD | +0.0050% | 1h | 168.67 | +0.029% | $44K | $3K | 10x | as long as short |
| Ondo Perps MSTR-USD.P | +0.0050% | 1h | 168.93 | +0.183% | $743K | $5.0M | 10x | as long as short |
| Binance MSTRUSDT | +0.0062% | 8h | 168.83 | +0.126% | $89.0M | $617.7M | 50x | as long as short |
| Paradex MSTR-USD-PERP | +0.0088% | 8h | 168.60 | −0.015% | $67 | — | 5x | as long as short |
| Coinbase International MSTR-PERP-INTX | +0.0088% | 1h | 168.46 | −0.096% | $1.4M | $1.1M | 10x | as long as short |
| Pacifica MSTRlong | +0.0100% | 1h | 168.62 | long leg | $104K | $85K | 10x | |
| KuCoin MSTRUSDTM | +0.0100% | 8h | 168.85 | +0.135% | $2.5M | $2.7M | 20x | as long as short |
| ApeX Omni MSTRUSDT | +0.0100% | 1h | 169.08 | +0.272% | $4K | $204K | 50x | as long as short |
| Orderly PERP_MSTR_USDC_mythosshort | +0.0100% | 8h | 168.80 | +0.106% | $3K | $8K | 10x | |
| Aevo MSTR-PERP | +0.0104% | 1h | 168.77 | +0.090% | $140 | — | 10x | as long as short |
| tradeXYZ xyz:MSTR | +0.0190% | 1h | 168.85 | +0.135% | $57.0M | $35.5M | 10x | as long as short |
| Injective MSTR/USDC PERP | +0.0235% | 1h | 169.34 | +0.426% | $8K | $26K | 30x | as long as short |
| Phoenix MSTR | +0.0259% | 1h | 169.03 | +0.240% | $57K | $384K | 10x | as long as short |
| RISEx MSTR/USDC | +0.0349% | 1h | 168.77 | +0.085% | $275K | $434K | 10x | as long as short |
| edgeX MSTRUSDC | +0.0574% | 4h | 169.07 | +0.267% | $47K | $5.5M | 10x | as long as short |
| Deribit MSTR_USDC-PERPETUAL | +0.0699% | 1h | 168.80 | +0.106% | $287K | $438K | 10x | as long as short |
Extended MSTR_24_5-USD
QFEX MSTR-USD
BloFin MSTR-USDT
Arcus MSTR-USD
Vest MSTR-USD-PERP
Polymarket Perps MSTR-USD
SoDEX MSTR-USD
Ondo Perps MSTR-USD.P
Binance MSTRUSDT
Paradex MSTR-USD-PERP
Coinbase International MSTR-PERP-INTX
KuCoin MSTRUSDTM
ApeX Omni MSTRUSDT
Aevo MSTR-PERP
tradeXYZ xyz:MSTR
Injective MSTR/USDC PERP
Phoenix MSTR
RISEx MSTR/USDC
edgeX MSTRUSDC
Deribit MSTR_USDC-PERPETUAL