MSTR

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0049%/8h= −5.4% APRnext payment −$0.06 per $10,000 · paid last 24h +0.123%

Price spread now: RISEx against SoDEX+0.005%7-day average — · you sell dearer than you buy

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

Long on SoDEX Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX MSTR-USD	168.92	0.0050	pay 0.0006% / 1h	15m 52s	$44K	$3K	10x
Short	RISEx MSTR/USDC	168.93	0.0001	get 0.0000% / 1h	15m 52s	$275K	$441K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against SoDEX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

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 SoDEXbpFee RISExbpOrdersPrice spread, now +0.005%Rate

Funding earned: −$10.32
Price spread: +0.005% → 0.000%: $0.51
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$23.81
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: SoDEX: no order-book sample; RISEx: live order book, 63 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 RISEx live order book, 63 min ago	1.18 bp	4.2 bp −$4	5.0 bp −$50	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
Nado MSTR-PERP	−0.0042%	1h	168.88	−0.022%	$139K	$97K	3x	as long as short
Aster MSTRUSDT	0.0000%	8h	168.94	+0.013%	$1.2M	$6.1M	50x	as long as short
Gate MSTR_USDT	0.0000%	8h	168.91	−0.006%	$4.7M	$19.5M	50x	as long as short
Variational Omni MSTR	0.0000%	8h	168.95	+0.018%	$1.2M	$2.4M	—	as long as short
Phemex MSTRUSDT	0.0000%	4h	168.93	+0.006%	$2.9M	$66K	10x	as long as short
OKX MSTR-USDT-SWAP	0.0000%	8h	168.91	−0.006%	$21.9M	$106.1M	50x	as long as short
RISEx MSTR/USDCshort	+0.0001%	1h	168.93	+0.005%	$275K	$441K	10x
Lighter MSTR	+0.0032%	1h	168.92	0.000%	$3.6M	$2.4M	10x	as long as short
Extended MSTR_24_5-USD	+0.0032%	1h	168.87	−0.032%	$581K	$1.8M	10x	as long as short
Bitget MSTRUSDT	+0.0038%	8h	168.99	+0.041%	$28.7M	$120.0M	25x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT MSTR_USDT_Perp	+0.0038%	8h	168.88	−0.022%	$77K	$871K	10x	as long as short
Vest MSTR-USD-PERP	+0.0046%	1h	168.98	+0.036%	—	$2.1M	25x	as long as short
QFEX MSTR-USD	+0.0049%	1h	168.92	0.000%	$1.5M	$10.2M	10x	as long as short
Polymarket Perps MSTR-USD	+0.0050%	1h	168.92	0.000%	$395K	$2.8M	10x	as long as short
SoDEX MSTR-USDlong	+0.0050%	1h	168.92	long leg	$44K	$3K	10x
Ondo Perps MSTR-USD.P	+0.0050%	1h	168.71	−0.124%	$772K	$5.2M	10x	as long as short
BloFin MSTR-USDT	+0.0053%	8h	168.89	−0.018%	$1.1M	$1.9M	20x	as long as short
Binance MSTRUSDT	+0.0053%	8h	168.96	+0.024%	$89.1M	$629.3M	50x	as long as short
Bybit MSTRUSDT	+0.0073%	8h	168.97	+0.030%	$15.1M	$40.4M	50x	as long as short
Coinbase International MSTR-PERP-INTX	+0.0096%	1h	168.75	−0.101%	$1.4M	$1.2M	10x	as long as short
Pacifica MSTR	+0.0100%	1h	168.87	−0.030%	$104K	$87K	10x	as long as short
KuCoin MSTRUSDTM	+0.0100%	8h	168.88	−0.024%	$2.5M	$2.8M	20x	as long as short
ApeX Omni MSTRUSDT	+0.0100%	1h	168.78	−0.083%	$4K	$313K	50x	as long as short
Orderly PERP_MSTR_USDC_mythos	+0.0100%	8h	168.91	−0.006%	$3K	$11K	10x	as long as short
Injective MSTR/USDC PERP	+0.0104%	1h	168.88	−0.024%	$13K	$21K	30x	as long as short
Aevo MSTR-PERP	+0.0104%	1h	168.94	+0.010%	$140	—	10x	as long as short
Paradex MSTR-USD-PERP	+0.0106%	8h	168.93	+0.005%	$68	—	5x	as long as short
tradeXYZ xyz:MSTR	+0.0141%	1h	168.91	−0.006%	$57.1M	$37.2M	10x	as long as short
Phoenix MSTR	+0.0260%	1h	168.87	−0.033%	$56K	$392K	10x	as long as short
Deribit MSTR_USDC-PERPETUAL	+0.0460%	1h	169.02	+0.059%	$287K	$438K	10x	as long as short
edgeX MSTRUSDC	+0.0599%	4h	168.84	−0.049%	$47K	$5.5M	10x	as long as short
Arcus MSTR-USD	+0.0738%	1h	168.99	+0.041%	$27K	$129K	10x	as long as short