Funding you earn now, next payment 12:00 UTC+0.0022%/8h= +2.4% APRnext payment +$0.03 per $10,000 · paid last 24h −0.004%
Price spread now: Aevo against SoDEX+0.037%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Aevo is 0.037% dearer against SoDEX than usual: you sell high and buy low: +$4 more if the spread 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 | SoDEX MSTR-USD | 167.06 | 0.0082 | pay 0.0010% / 1h | 8m 00s | $44K | $3K | 10x |
| Short | Aevo MSTR-PERP | 167.12 | 0.0104 | get 0.0013% / 1h | 8m 00s | $139 | $100 | 10x |
SoDEX MSTR-USD
Aevo MSTR-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against SoDEX. 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
- $4.53
- Price spread: +0.037% → 0.000%
- $3.7
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$15.77
- Costs to cover
- 0.240%
- Break-even
- 31.3 days
Slippage unknown: SoDEX: no order-book sample; Aevo: 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Aevo no order-book sample | — | — | — | — | — |
SoDEX and Aevo: 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Extended MSTR_24_5-USD | −0.0328% | 1h | 166.97 | −0.055% | $1.4M | $2.8M | 10x | as long as short |
| Gate MSTR_USDT | 0.0000% | 8h | 167.11 | +0.030% | $4.8M | $17.6M | 50x | as long as short |
| Phemex MSTRUSDT | 0.0000% | 4h | 167.18 | +0.072% | $2.8M | $86K | 10x | as long as short |
| Lighter MSTR | +0.0032% | 1h | 167.06 | 0.000% | $3.6M | $1.7M | 10x | as long as short |
| Injective MSTR/USDC PERP | +0.0033% | 1h | 165.22 | −1.101% | $7K | $28K | 30x | as long as short |
| Vest MSTR-USD-PERP | +0.0046% | 1h | 167.24 | +0.108% | — | $1.6M | 25x | as long as short |
| Polymarket Perps MSTR-USD | +0.0050% | 1h | 167.01 | −0.030% | $385K | $2.5M | 10x | as long as short |
| Ondo Perps MSTR-USD.P | +0.0050% | 1h | 166.99 | −0.042% | $822K | $3.3M | 10x | as long as short |
| QFEX MSTR-USD | +0.0054% | 1h | 166.95 | −0.066% | $1.3M | $5.5M | 10x | as long as short |
| Coinbase International MSTR-PERP-INTX | +0.0056% | 1h | 166.14 | −0.551% | $1.4M | $354K | 10x | as long as short |
Extended MSTR_24_5-USD
Gate MSTR_USDT
Phemex MSTRUSDT
Lighter MSTR
Injective MSTR/USDC PERP
Vest MSTR-USD-PERP
Polymarket Perps MSTR-USD
Ondo Perps MSTR-USD.P
QFEX MSTR-USD
Coinbase International MSTR-PERP-INTXShow all 32 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex MSTR-USD-PERP | +0.0079% | 8h | 166.92 | −0.084% | $67 | — | 5x | as long as short |
| SoDEX MSTR-USDlong | +0.0082% | 1h | 167.06 | long leg | $44K | $3K | 10x | |
| Nado MSTR-PERP | +0.0095% | 1h | 166.97 | −0.056% | $145K | $135K | 3x | as long as short |
| Pacifica MSTR | +0.0100% | 1h | 166.95 | −0.063% | $103K | $66K | 10x | as long as short |
| KuCoin MSTRUSDTM | +0.0100% | 8h | 167.06 | 0.000% | $2.4M | $2.8M | 20x | as long as short |
| ApeX Omni MSTRUSDT | +0.0100% | 1h | 166.99 | −0.042% | $6K | $151K | 50x | as long as short |
| Orderly PERP_MSTR_USDC_mythos | +0.0100% | 8h | 167.14 | +0.048% | $2K | $11K | 10x | as long as short |
| Aevo MSTR-PERPshort | +0.0104% | 1h | 167.12 | +0.037% | $139 | $100 | 10x | |
| Bitget MSTRUSDT | +0.0106% | 8h | 167.19 | +0.078% | $32.1M | $101.8M | 25x | as long as short |
| Bybit MSTRUSDT | +0.0138% | 8h | 167.17 | +0.066% | $16.0M | $38.0M | 50x | as long as short |
| tradeXYZ xyz:MSTR | +0.0172% | 1h | 167.05 | −0.006% | $55.2M | $33.2M | 10x | as long as short |
| OKX MSTR-USDT-SWAP | +0.0233% | 8h | 167.17 | +0.066% | $22.2M | $78.7M | 50x | as long as short |
| Aster MSTRUSDT | +0.0239% | 8h | 167.15 | +0.053% | $1.8M | $6.0M | 50x | as long as short |
| Phoenix MSTR | +0.0308% | 1h | 167.08 | +0.010% | $56K | $213K | 10x | as long as short |
| Variational Omni MSTR | +0.0326% | 8h | 167.01 | −0.030% | $1.2M | $1.6M | — | as long as short |
| GRVT MSTR_USDT_Perp | +0.0346% | 8h | 167.11 | +0.031% | $85K | $994K | 10x | as long as short |
| Binance MSTRUSDT | +0.0416% | 8h | 167.15 | +0.053% | $87.2M | $509.5M | 50x | as long as short |
| edgeX MSTRUSDC | +0.0430% | 4h | 167.36 | +0.180% | $49K | $4.4M | 10x | as long as short |
| RISEx MSTR/USDC | +0.0459% | 1h | 167.08 | +0.015% | $302K | $353K | 10x | as long as short |
| BloFin MSTR-USDT | +0.0546% | 8h | 167.25 | +0.114% | $1.1M | $1.9M | 20x | as long as short |
| Arcus MSTR-USD | +0.0803% | 1h | 167.09 | +0.018% | $26K | $67K | 10x | as long as short |
| Deribit MSTR_USDC-PERPETUAL | +0.0889% | 1h | 167.05 | −0.006% | $284K | $171K | 10x | as long as short |
Paradex MSTR-USD-PERP
Nado MSTR-PERP
Pacifica MSTR
KuCoin MSTRUSDTM
ApeX Omni MSTRUSDT
Orderly PERP_MSTR_USDC_mythos
Bitget MSTRUSDT
Bybit MSTRUSDT
tradeXYZ xyz:MSTR
OKX MSTR-USDT-SWAP
Aster MSTRUSDT
Phoenix MSTR
Variational Omni MSTR
GRVT MSTR_USDT_Perp
Binance MSTRUSDT
edgeX MSTRUSDC
RISEx MSTR/USDC
BloFin MSTR-USDT
Arcus MSTR-USD
Deribit MSTR_USDC-PERPETUAL