Funding you earn now, next payment 02:00 UTC+0.0011%/8h= +1.2% APRpaid last 24h −0.039%
Price spread now: BloFin against RISEx+1.053%517s7-day average −0.005% · 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—prices read too far apart to compare
costs, in and out, $10k−$230.235% of the position
Funding, last 3 days (all we have)−0.160%−$16 on $10k
+Price spread, last 3 days (all we have)−1.096%−$110 · spread now +1.053%, 7d avg −0.005%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and BloFin is 1.058% dearer against RISEx than usual: you sell high and buy low: +$106 more if the spread goes back to its 7-day average of −0.005%. Mind the row above: over the last 3 days funding on this pair cost −0.160%, so the current rate has only just turned in your favour. The two prices were read 517 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx MSTR/USDC | 163.83 | 0 | get 0.0000% / 1h | 40m 17s | $268K | $436K | 10x |
| Short | BloFin MSTR-USDT | 165.55 | 0.0011 | get 0.0011% / 8h | 6h 40m | $1.1M | $1.9M | 20x |
RISEx MSTR/USDC
BloFin MSTR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against RISEx. 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
- $2.3
- Price spread: +1.053% → −0.005%
- $105.78
- Slippage, 4 orders
- −$5.48
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $84.61
- Costs to cover
- 0.235%
- Break-even
- from the start
Slippage from RISEx: live order book, 28 min ago; BloFin: live order book, 13 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 RISEx live order book, 28 min ago | 1.50 bp | 4.5 bp −$4 | 6.8 bp −$68 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 13 min ago | 0.91 bp | 7.6 bp −$8 | 9.7 bp −$97 | 25.4 bp −$2,538 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget MSTRUSDT | −0.0661% | 8h | 163.99 | +0.101% | $26.9M | $115.9M | 25x | as long as short |
| Gate MSTR_USDT | −0.0304% | 8h | 163.61 | −0.131% | $4.6M | $18.9M | 50x | as long as short |
| Aster MSTRUSDT | 0.0000% | 8h | 163.60 | −0.135% | $1.2M | $6.1M | 50x | as long as short |
| OKX MSTR-USDT-SWAP | 0.0000% | 8h | 163.77 | −0.034% | $20.8M | $100.6M | 50x | as long as short |
| RISEx MSTR/USDClong | 0.0000% | 1h | 163.83 | long leg | $268K | $436K | 10x | |
| Variational Omni MSTR | 0.0000% | 8h | 164.35 | +0.320% | $1.2M | $2.1M | — | as long as short |
| GRVT MSTR_USDT_Perp | 0.0000% | 8h | 164.86 | +0.631% | $76K | $810K | 10x | as long as short |
| Phemex MSTRUSDT | 0.0000% | 4h | 164.44 | +0.375% | $2.8M | $67K | 10x | as long as short |
| BloFin MSTR-USDTshort | +0.0011% | 8h | 165.55 | +1.053% | $1.1M | $1.9M | 20x | |
| Binance MSTRUSDT | +0.0011% | 8h | 163.71 | −0.068% | $86.5M | $626.1M | 50x | as long as short |
Bitget MSTRUSDT
Gate MSTR_USDT
Aster MSTRUSDT
OKX MSTR-USDT-SWAP
Variational Omni MSTR
GRVT MSTR_USDT_Perp
Phemex MSTRUSDT
Binance MSTRUSDTShow 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 | 163.60 | −0.134% | $562K | $1.9M | 10x | as long as short |
| Arcus MSTR-USD | +0.0040% | 1h | 164.69 | +0.528% | $26K | $113K | 10x | as long as short |
| Vest MSTR-USD-PERP | +0.0046% | 1h | 163.58 | −0.150% | — | $1.8M | 25x | as long as short |
| SoDEX MSTR-USD | +0.0050% | 1h | 163.90 | +0.046% | $43K | $3K | 10x | as long as short |
| Ondo Perps MSTR-USD.P | +0.0050% | 1h | 163.69 | −0.082% | $884K | $4.8M | 10x | as long as short |
| edgeX MSTRUSDC | +0.0056% | 4h | 165.04 | +0.741% | $47K | $5.4M | 10x | as long as short |
| QFEX MSTR-USD | +0.0064% | 1h | 163.81 | −0.009% | $1.4M | $8.5M | 10x | as long as short |
| Pacifica MSTR | +0.0100% | 1h | 163.95 | +0.076% | $102K | $85K | 10x | as long as short |
| KuCoin MSTRUSDTM | +0.0100% | 8h | 163.62 | −0.125% | $2.4M | $2.7M | 20x | as long as short |
| ApeX Omni MSTRUSDT | +0.0100% | 1h | 164.64 | +0.497% | $4K | $204K | 50x | as long as short |
| Orderly PERP_MSTR_USDC_mythos | +0.0100% | 8h | 163.60 | −0.137% | $3K | $7K | 10x | as long as short |
| Aevo MSTR-PERP | +0.0104% | 1h | 163.67 | −0.092% | $136 | — | 10x | as long as short |
| Polymarket Perps MSTR-USD | +0.0119% | 1h | 163.65 | −0.107% | $382K | $2.7M | 10x | as long as short |
| Lighter MSTR | +0.0152% | 1h | 163.74 | −0.052% | $3.5M | $1.9M | 10x | as long as short |
| Paradex MSTR-USD-PERP | +0.0162% | 8h | 163.75 | −0.045% | $66 | — | 5x | as long as short |
| Coinbase International MSTR-PERP-INTX | +0.0168% | 1h | 164.67 | +0.516% | $1.4M | $1.1M | 10x | as long as short |
| Injective MSTR/USDC PERP | +0.0341% | 1h | 169.34 | +3.366% | $8K | $26K | 30x | as long as short |
| tradeXYZ xyz:MSTR | +0.0362% | 1h | 163.58 | −0.150% | $55.1M | $36.6M | 10x | as long as short |
| Phoenix MSTR | +0.0381% | 1h | 164.58 | +0.462% | $55K | $219K | 10x | as long as short |
| Nado MSTR-PERP | +0.0411% | 1h | 163.39 | −0.264% | $110K | $142K | 3x | as long as short |
| Bybit MSTRUSDT | +0.0421% | 8h | 163.83 | +0.003% | $17.1M | $41.2M | 50x | as long as short |
| Deribit MSTR_USDC-PERPETUAL | +0.1278% | 1h | 163.84 | +0.009% | $279K | $438K | 10x | as long as short |
Extended MSTR_24_5-USD
Arcus MSTR-USD
Vest MSTR-USD-PERP
SoDEX MSTR-USD
Ondo Perps MSTR-USD.P
edgeX MSTRUSDC
QFEX MSTR-USD
Pacifica MSTR
KuCoin MSTRUSDTM
ApeX Omni MSTRUSDT
Orderly PERP_MSTR_USDC_mythos
Aevo MSTR-PERP
Polymarket Perps MSTR-USD
Lighter MSTR
Paradex MSTR-USD-PERP
Coinbase International MSTR-PERP-INTX
Injective MSTR/USDC PERP
tradeXYZ xyz:MSTR
Phoenix MSTR
Nado MSTR-PERP
Bybit MSTRUSDT
Deribit MSTR_USDC-PERPETUAL