MSTR

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0336%/8h= −36.7% APRnext payment −$0.42 per $10,000 · paid last 24h −0.094%

Price spread now: Vest against RISEx−0.092%7-day average −0.776% · you buy dearer than you sell

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

Long on RISEx Short on Vest

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.306%−$31 on $10k

Price spread, last 4 days (all we have)+1.144%+$114 · spread now −0.092%, 7d avg −0.776%

Together, before fees+0.838%+ Points / potential airdropVest: Active · farm board+$84 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Vest is 0.684% dearer against RISEx than usual: you sell high and buy low (spread −0.092% now, against its 7-day average of −0.776%): +$68 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 6.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx MSTR/USDC	163.22	0.0381	pay 0.0048% / 1h	54m 19s	$262K	$437K	10x
Short	Vest MSTR-USD-PERP	163.07	0.0046	get 0.0006% / 1h	54m 19s	—	$1.8M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against RISEx. 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 RISExbpFee VestbpOrdersPrice spread, now −0.092%Rate

Funding earned: −$70.47
Price spread: −0.092% → −0.776%: $68.39
Slippage, 4 orders: no order book: not counted
Fee RISEx: 3 bp × 2 orders: −$6
Fee Vest: 1 bp × 2 orders: −$2
Net: −$10.08
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: RISEx: live order book, 54 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 RISEx live order book, 54 min ago	0.31 bp	3.3 bp −$3	4.5 bp −$45	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
Bitget MSTRUSDT	−0.0900%	8h	163.48	+0.159%	$28.7M	$119.1M	25x	as long as short
Gate MSTR_USDT	0.0000%	8h	163.31	+0.055%	$4.7M	$19.5M	50x	as long as short
Phemex MSTRUSDT	0.0000%	4h	163.40	+0.110%	$2.8M	$78K	10x	as long as short
Aster MSTRUSDT	+0.0016%	8h	163.23	+0.008%	$1.8M	$8.7M	50x	as long as short
Extended MSTR_24_5-USD	+0.0032%	1h	163.00	−0.132%	$509K	$2.0M	10x	as long as short
Injective MSTR/USDC PERP	+0.0033%	1h	169.34	+3.750%	$8K	$26K	30x	as long as short
Arcus MSTR-USD	+0.0040%	1h	163.51	+0.178%	$26K	$113K	10x	as long as short
Vest MSTR-USD-PERPshort	+0.0046%	1h	163.07	−0.092%	—	$1.8M	25x
Polymarket Perps MSTR-USD	+0.0050%	1h	163.14	−0.049%	$377K	$2.7M	10x	as long as short
SoDEX MSTR-USD	+0.0050%	1h	163.30	+0.049%	$43K	$3K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps MSTR-USD.P	+0.0050%	1h	163.48	+0.159%	$843K	$3.9M	10x	as long as short
QFEX MSTR-USD	+0.0057%	1h	163.19	−0.018%	$1.3M	$7.3M	10x	as long as short
Pacifica MSTR	+0.0100%	1h	163.14	−0.051%	$100K	$83K	10x	as long as short
KuCoin MSTRUSDTM	+0.0100%	8h	163.20	−0.012%	$2.4M	$2.7M	20x	as long as short
ApeX Omni MSTRUSDT	+0.0100%	1h	163.33	+0.067%	$5K	$182K	50x	as long as short
Orderly PERP_MSTR_USDC_mythos	+0.0100%	8h	163.29	+0.043%	$2K	$13K	10x	as long as short
Aevo MSTR-PERP	+0.0104%	1h	163.27	+0.029%	$136	—	10x	as long as short
OKX MSTR-USDT-SWAP	+0.0120%	8h	163.28	+0.037%	$20.7M	$100.6M	50x	as long as short
Paradex MSTR-USD-PERP	+0.0139%	8h	163.20	−0.010%	$65	—	5x	as long as short
Variational Omni MSTR	+0.0143%	8h	163.37	+0.090%	$1.2M	$2.1M	—	as long as short
tradeXYZ xyz:MSTR	+0.0149%	1h	163.13	−0.055%	$54.1M	$37.3M	10x	as long as short
Coinbase International MSTR-PERP-INTX	+0.0152%	1h	161.52	−1.042%	$1.4M	$1.1M	10x	as long as short
Binance MSTRUSDT	+0.0216%	8h	163.20	−0.011%	$83.8M	$629.0M	50x	as long as short
Lighter MSTR	+0.0216%	1h	163.22	0.000%	$3.5M	$2.0M	10x	as long as short
GRVT MSTR_USDT_Perp	+0.0229%	8h	163.55	+0.201%	$83K	$865K	10x	as long as short
Nado MSTR-PERP	+0.0307%	1h	163.15	−0.041%	$130K	$157K	3x	as long as short
BloFin MSTR-USDT	+0.0336%	8h	163.41	+0.116%	$1.0M	$2.1M	20x	as long as short
Phoenix MSTR	+0.0362%	1h	163.67	+0.278%	$56K	$223K	10x	as long as short
Bybit MSTRUSDT	+0.0373%	8h	163.22	0.000%	$16.8M	$41.8M	50x	as long as short
RISEx MSTR/USDClong	+0.0381%	1h	163.22	long leg	$262K	$437K	10x
edgeX MSTRUSDC	+0.0458%	4h	163.50	+0.174%	$46K	$5.4M	10x	as long as short
Deribit MSTR_USDC-PERPETUAL	+0.0547%	1h	163.25	+0.018%	$278K	$437K	10x	as long as short