Funding you earn now, next payment 05:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h −0.007%
Price spread now: Pacifica against SoDEX+0.104%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Pacifica is 0.104% dearer against SoDEX than usual: you sell high and buy low: +$10 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 | 164.47 | 0.0050 | pay 0.0006% / 1h | 53m 47s | $43K | $3K | 10x |
| Short | Pacifica MSTR | 164.64 | 0.0100 | get 0.0013% / 1h | 53m 47s | $101K | $83K | 10x |
SoDEX MSTR-USD
Pacifica MSTRFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- $10.5
- Price spread: +0.104% → 0.000%
- $10.4
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- $4.9
- Costs to cover
- 0.160%
- Break-even
- 3.7 days
Slippage unknown: SoDEX: no order-book sample; Pacifica: live order book, 64 min ago. 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 Pacifica live order book, 64 min ago | 0.03 bp | 13.1 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
SoDEX: 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 | −0.0893% | 8h | 164.65 | +0.109% | $27.9M | $115.3M | 25x | as long as short |
| Aster MSTRUSDT | 0.0000% | 8h | 164.56 | +0.056% | $1.8M | $8.6M | 50x | as long as short |
| Gate MSTR_USDT | 0.0000% | 8h | 164.55 | +0.049% | $4.6M | $18.7M | 50x | as long as short |
| Phemex MSTRUSDT | 0.0000% | 4h | 164.57 | +0.061% | $2.8M | $75K | 10x | as long as short |
| OKX MSTR-USDT-SWAP | +0.0024% | 8h | 164.58 | +0.067% | $20.7M | $99.6M | 50x | as long as short |
| Lighter MSTR | +0.0032% | 1h | 164.51 | +0.024% | $3.5M | $1.9M | 10x | as long as short |
| Extended MSTR_24_5-USD | +0.0032% | 1h | 164.34 | −0.082% | $594K | $1.9M | 10x | as long as short |
| Injective MSTR/USDC PERP | +0.0033% | 1h | 169.34 | +2.961% | $8K | $26K | 30x | as long as short |
| Arcus MSTR-USD | +0.0040% | 1h | 164.73 | +0.158% | $26K | $109K | 10x | as long as short |
| Vest MSTR-USD-PERP | +0.0046% | 1h | 164.50 | +0.018% | — | $1.7M | 25x | as long as short |
Bitget MSTRUSDT
Aster MSTRUSDT
Gate MSTR_USDT
Phemex MSTRUSDT
OKX MSTR-USDT-SWAP
Lighter MSTR
Extended MSTR_24_5-USD
Injective MSTR/USDC PERP
Arcus MSTR-USD
Vest MSTR-USD-PERPShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps MSTR-USD | +0.0050% | 1h | 164.52 | +0.030% | $380K | $2.7M | 10x | as long as short |
| SoDEX MSTR-USDlong | +0.0050% | 1h | 164.47 | long leg | $43K | $3K | 10x | |
| Ondo Perps MSTR-USD.P | +0.0050% | 1h | 164.47 | 0.000% | $862K | $4.0M | 10x | as long as short |
| QFEX MSTR-USD | +0.0067% | 1h | 164.64 | +0.103% | $1.4M | $7.4M | 10x | as long as short |
| Variational Omni MSTR | +0.0099% | 8h | 164.66 | +0.113% | $1.2M | $2.1M | — | as long as short |
| Pacifica MSTRshort | +0.0100% | 1h | 164.64 | +0.104% | $101K | $83K | 10x | |
| KuCoin MSTRUSDTM | +0.0100% | 8h | 164.48 | +0.006% | $2.4M | $2.7M | 20x | as long as short |
| ApeX Omni MSTRUSDT | +0.0100% | 1h | 164.61 | +0.085% | $6K | $186K | 50x | as long as short |
| Orderly PERP_MSTR_USDC_mythos | +0.0100% | 8h | 164.53 | +0.036% | $3K | $8K | 10x | as long as short |
| Aevo MSTR-PERP | +0.0104% | 1h | 164.50 | +0.017% | $137 | — | 10x | as long as short |
| Paradex MSTR-USD-PERP | +0.0139% | 8h | 164.65 | +0.107% | $66 | — | 5x | as long as short |
| Binance MSTRUSDT | +0.0157% | 8h | 164.54 | +0.043% | $86.8M | $615.7M | 50x | as long as short |
| Coinbase International MSTR-PERP-INTX | +0.0168% | 1h | 164.12 | −0.213% | $1.4M | $1.1M | 10x | as long as short |
| GRVT MSTR_USDT_Perp | +0.0175% | 8h | 164.73 | +0.158% | $82K | $792K | 10x | as long as short |
| tradeXYZ xyz:MSTR | +0.0186% | 1h | 164.50 | +0.018% | $54.8M | $37.0M | 10x | as long as short |
| Phoenix MSTR | +0.0213% | 1h | 164.76 | +0.174% | $56K | $226K | 10x | as long as short |
| RISEx MSTR/USDC | +0.0231% | 1h | 164.70 | +0.140% | $267K | $445K | 10x | as long as short |
| Nado MSTR-PERP | +0.0240% | 1h | 164.56 | +0.057% | $122K | $148K | 3x | as long as short |
| BloFin MSTR-USDT | +0.0276% | 8h | 164.74 | +0.164% | $1.0M | $2.0M | 20x | as long as short |
| Bybit MSTRUSDT | +0.0344% | 8h | 164.62 | +0.091% | $16.9M | $40.8M | 50x | as long as short |
| Deribit MSTR_USDC-PERPETUAL | +0.0602% | 1h | 164.46 | −0.006% | $280K | $438K | 10x | as long as short |
| edgeX MSTRUSDC | +0.0749% | 4h | 164.71 | +0.148% | $49K | $5.3M | 10x | as long as short |
Polymarket Perps MSTR-USD
Ondo Perps MSTR-USD.P
QFEX MSTR-USD
Variational Omni MSTR
KuCoin MSTRUSDTM
ApeX Omni MSTRUSDT
Orderly PERP_MSTR_USDC_mythos
Aevo MSTR-PERP
Paradex MSTR-USD-PERP
Binance MSTRUSDT
Coinbase International MSTR-PERP-INTX
GRVT MSTR_USDT_Perp
tradeXYZ xyz:MSTR
Phoenix MSTR
RISEx MSTR/USDC
Nado MSTR-PERP
BloFin MSTR-USDT
Bybit MSTRUSDT
Deribit MSTR_USDC-PERPETUAL
edgeX MSTRUSDC