MSTR

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0249%/8h= +27.2% APRnext payment +$0.31 per $10,000 · paid last 24h +0.102%

Price spread now: RISEx against Pacifica+0.030%7-day average +0.036% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$22as in the Price arb table

costs, in and out, $10k−$220.217% of the position

Long on Pacifica Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.158%+$16 on $10k

Price spread, last 4 days (all we have)+0.064%+$6 · spread now +0.030%, 7d avg +0.036%

Together, before fees+0.223%+ Points / potential airdropPacifica: Active · farm board+$22 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.036%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica MSTR	168.67	0.0100	pay 0.0013% / 1h	36m 30s	$105K	$85K	10x
Short	RISEx MSTR/USDC	168.72	0.0349	get 0.0044% / 1h	36m 30s	$275K	$434K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against Pacifica. 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

Position, each leg$Hold fordaysFee PacificabpFee RISExbpOrdersPrice spread, now +0.030%Rate

Funding earned: $52.26
Price spread: +0.030% → +0.036%: −$0.58
Slippage, 4 orders: −$7.69
Fee Pacifica: 4 bp × 2 orders: −$8
Fee RISEx: 3 bp × 2 orders: −$6
Net: $30
Costs to cover: 0.217%
Break-even: 3.0 days

Slippage from Pacifica: live order book, 36 min ago; RISEx: live order book, 37 min ago.

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, 36 min ago	1.33 bp	5.3 bp −$5	doesn't fit	doesn't fit	doesn't fit
Sell RISEx live order book, 37 min ago	0.89 bp	3.9 bp −$4	6.0 bp −$60	doesn't fit	doesn't fit

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	−0.0064%	1h	168.52	−0.091%	$139K	$90K	3x	as long as short
Aster MSTRUSDT	0.0000%	8h	168.70	+0.016%	$1.2M	$6.1M	50x	as long as short
OKX MSTR-USDT-SWAP	0.0000%	8h	168.69	+0.012%	$21.7M	$101.9M	50x	as long as short
Gate MSTR_USDT	0.0000%	8h	168.71	+0.024%	$4.7M	$18.9M	50x	as long as short
Bitget MSTRUSDT	0.0000%	8h	168.74	+0.042%	$28.5M	$114.0M	25x	as long as short
Variational Omni MSTR	0.0000%	8h	168.74	+0.041%	$1.2M	$2.1M	—	as long as short
GRVT MSTR_USDT_Perp	0.0000%	8h	168.69	+0.012%	$85K	$860K	10x	as long as short
Phemex MSTRUSDT	0.0000%	4h	168.79	+0.072%	$2.8M	$66K	10x	as long as short
Lighter MSTR	+0.0032%	1h	168.60	−0.041%	$3.6M	$2.0M	10x	as long as short
Extended MSTR_24_5-USD	+0.0032%	1h	168.51	−0.091%	$581K	$1.8M	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX MSTR-USD	+0.0035%	1h	168.70	+0.018%	$1.4M	$9.5M	10x	as long as short
Arcus MSTR-USD	+0.0040%	1h	168.79	+0.072%	$27K	$118K	10x	as long as short
Vest MSTR-USD-PERP	+0.0046%	1h	168.62	−0.029%	—	$1.7M	25x	as long as short
Bybit MSTRUSDT	+0.0049%	8h	168.73	+0.036%	$15.2M	$39.3M	50x	as long as short
Polymarket Perps MSTR-USD	+0.0050%	1h	168.64	−0.017%	$396K	$2.7M	10x	as long as short
SoDEX MSTR-USD	+0.0050%	1h	168.58	−0.053%	$44K	$3K	10x	as long as short
Ondo Perps MSTR-USD.P	+0.0050%	1h	168.51	−0.094%	$761K	$5.0M	10x	as long as short
Binance MSTRUSDT	+0.0053%	8h	168.72	+0.030%	$89.0M	$616.4M	50x	as long as short
BloFin MSTR-USDT	+0.0056%	8h	168.73	+0.036%	$1.1M	$1.9M	20x	as long as short
Coinbase International MSTR-PERP-INTX	+0.0088%	1h	168.46	−0.124%	$1.4M	$1.1M	10x	as long as short
Paradex MSTR-USD-PERP	+0.0091%	8h	168.68	+0.006%	$67	—	5x	as long as short
Pacifica MSTRlong	+0.0100%	1h	168.67	long leg	$105K	$85K	10x
KuCoin MSTRUSDTM	+0.0100%	8h	168.68	+0.007%	$2.5M	$2.7M	20x	as long as short
ApeX Omni MSTRUSDT	+0.0100%	1h	168.65	−0.011%	$4K	$204K	50x	as long as short
Orderly PERP_MSTR_USDC_mythos	+0.0100%	8h	168.69	+0.012%	$3K	$8K	10x	as long as short
Aevo MSTR-PERP	+0.0104%	1h	168.65	−0.013%	$140	—	10x	as long as short
tradeXYZ xyz:MSTR	+0.0204%	1h	168.65	−0.011%	$56.9M	$35.2M	10x	as long as short
Injective MSTR/USDC PERP	+0.0235%	1h	169.34	+0.398%	$8K	$26K	30x	as long as short
Phoenix MSTR	+0.0259%	1h	168.74	+0.041%	$56K	$384K	10x	as long as short
RISEx MSTR/USDCshort	+0.0349%	1h	168.72	+0.030%	$275K	$434K	10x
edgeX MSTRUSDC	+0.0572%	4h	168.81	+0.085%	$47K	$5.5M	10x	as long as short
Deribit MSTR_USDC-PERPETUAL	+0.0996%	1h	168.81	+0.084%	$287K	$438K	10x	as long as short