MSTR

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.5% APRnext payment −$0.01 per $10,000 · paid last 24h −0.017%

Price spread now: Vest against Polymarket Perps+0.154%7-day average −0.926% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Polymarket Perps Short on Vest

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.148%−$15 on $10k

Price spread, last 3 days (all we have)−0.073%−$7 · spread now +0.154%, 7d avg −0.926%

Together, before fees−0.222%+ Points / potential airdropVest: Active · farm board−$22 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Vest is 1.079% dearer against Polymarket Perps than usual: you sell high and buy low, +$108 on $10k if it goes back to its 7-day average of −0.926%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps MSTR-USD	169.36	0.0050	pay 0.0006% / 1h	9m 00s	$410K	$2.6M	10x
Short	Vest MSTR-USD-PERP	169.62	0.0046	get 0.0006% / 1h	9m 00s	—	$2.1M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against Polymarket Perps. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Polymarket PerpsbpFee VestbpOrdersPrice spread, now +0.154%Rate

Funding earned: −$0.91
Price spread: +0.154% → −0.926%: $107.91
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Vest: 1 bp × 2 orders: −$2
Net: $97
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Polymarket Perps: live order book, 5 min ago; Vest: 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 Polymarket Perps live order book, 5 min ago	1.48 bp	6.8 bp −$7	12.0 bp −$120	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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	−0.0068%	1h	169.37	+0.007%	$139K	$98K	3x	as long as short
BloFin MSTR-USDT	−0.0027%	8h	169.57	+0.124%	$1.1M	$1.8M	20x	as long as short
Aster MSTRUSDT	0.0000%	8h	169.41	+0.027%	$1.3M	$6.2M	50x	as long as short
Binance MSTRUSDT	0.0000%	8h	169.46	+0.058%	$88.6M	$630.7M	50x	as long as short
OKX MSTR-USDT-SWAP	0.0000%	8h	169.47	+0.065%	$22.1M	$107.5M	50x	as long as short
RISEx MSTR/USDC	0.0000%	1h	169.48	+0.073%	$277K	$446K	10x	as long as short
Gate MSTR_USDT	0.0000%	8h	169.46	+0.059%	$4.8M	$19.7M	50x	as long as short
Variational Omni MSTR	0.0000%	8h	169.48	+0.071%	$1.2M	$2.4M	—	as long as short
GRVT MSTR_USDT_Perp	0.0000%	8h	169.53	+0.099%	$83K	$948K	10x	as long as short
Phemex MSTRUSDT	0.0000%	4h	169.48	+0.071%	$2.9M	$59K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter MSTR	+0.0032%	1h	169.45	+0.053%	$3.6M	$2.6M	10x	as long as short
Extended MSTR_24_5-USD	+0.0032%	1h	169.34	−0.014%	$588K	$1.9M	10x	as long as short
QFEX MSTR-USD	+0.0039%	1h	169.42	+0.035%	$1.5M	$10.2M	10x	as long as short
Vest MSTR-USD-PERPshort	+0.0046%	1h	169.62	+0.154%	—	$2.1M	25x
Coinbase International MSTR-PERP-INTX	+0.0048%	1h	169.11	−0.148%	$1.5M	$1.2M	10x	as long as short
tradeXYZ xyz:MSTR	+0.0050%	1h	169.37	+0.006%	$56.8M	$38.3M	10x	as long as short
Polymarket Perps MSTR-USDlong	+0.0050%	1h	169.36	long leg	$410K	$2.6M	10x
SoDEX MSTR-USD	+0.0050%	1h	169.46	+0.059%	$45K	$3K	10x	as long as short
Ondo Perps MSTR-USD.P	+0.0050%	1h	169.39	+0.018%	$752K	$5.1M	10x	as long as short
Bitget MSTRUSDT	+0.0070%	8h	169.48	+0.071%	$28.8M	$120.0M	25x	as long as short
Paradex MSTR-USD-PERP	+0.0086%	8h	169.42	+0.035%	$68	—	5x	as long as short
Bybit MSTRUSDT	+0.0089%	8h	169.43	+0.041%	$15.2M	$41.2M	50x	as long as short
Pacifica MSTR	+0.0100%	1h	169.43	+0.043%	$104K	$121K	10x	as long as short
KuCoin MSTRUSDTM	+0.0100%	8h	169.40	+0.024%	$2.6M	$2.8M	20x	as long as short
ApeX Omni MSTRUSDT	+0.0100%	1h	169.47	+0.065%	$4K	$856K	50x	as long as short
Orderly PERP_MSTR_USDC_mythos	+0.0100%	8h	169.44	+0.047%	$3K	$12K	10x	as long as short
Aevo MSTR-PERP	+0.0104%	1h	169.44	+0.046%	$141	—	10x	as long as short
Deribit MSTR_USDC-PERPETUAL	+0.0163%	1h	169.48	+0.071%	$288K	$439K	10x	as long as short
Phoenix MSTR	+0.0184%	1h	169.66	+0.179%	$57K	$396K	10x	as long as short
Arcus MSTR-USD	+0.0432%	1h	169.57	+0.124%	$27K	$134K	10x	as long as short
Injective MSTR/USDC PERP	+0.0440%	1h	169.61	+0.148%	$13K	$22K	30x	as long as short
edgeX MSTRUSDC	+0.0635%	4h	169.48	+0.071%	$48K	$5.4M	10x	as long as short