Funding you earn now, next payment 03:00 UTC+0.0063%/8h= +6.9% APRpaid last 24h −0.036%
Price spread now: Paradex against tradeXYZ+0.003%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—+ Points / potential airdroptradeXYZ: Active · Paradex: Active · farm boardneeds 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: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:MSTR | 164.39 | 0.0082 | pay 0.0010% / 1h | 52m 19s | $55.1M | $36.6M | 10x |
| Short | Paradex MSTR-USD-PERP | 164.40 | 0.0144 | get 0.0144% / 8h | 5h 52m | $66 | — | 5x |
tradeXYZ xyz:MSTR
Paradex MSTR-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex against tradeXYZ. 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
- $13.19
- Price spread: +0.003% → 0.000%
- $0.32
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$8.49
- Costs to cover
- 0.220%
- Break-even
- 11.5 days
Slippage unknown: tradeXYZ: live order book, 7 min ago; Paradex: 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 tradeXYZ live order book, 7 min ago | 0.61 bp | 9.6 bp −$10 | 11.3 bp −$113 | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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 31 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 | −0.1226% | 8h | 164.58 | +0.116% | $27.5M | $114.3M | 25x | as long as short |
| Gate MSTR_USDT | −0.0056% | 8h | 164.44 | +0.030% | $4.6M | $18.4M | 50x | as long as short |
| Aster MSTRUSDT | 0.0000% | 8h | 164.36 | −0.017% | $1.2M | $7.6M | 50x | as long as short |
| OKX MSTR-USDT-SWAP | 0.0000% | 8h | 164.47 | +0.049% | $20.8M | $99.2M | 50x | as long as short |
| Phemex MSTRUSDT | 0.0000% | 4h | 164.44 | +0.030% | $2.8M | $70K | 10x | as long as short |
| Variational Omni MSTR | +0.0014% | 8h | 164.41 | +0.011% | $1.2M | $2.0M | — | as long as short |
| Lighter MSTR | +0.0032% | 1h | 164.42 | +0.018% | $3.5M | $1.9M | 10x | as long as short |
| Extended MSTR_24_5-USD | +0.0032% | 1h | 164.31 | −0.046% | $594K | $1.9M | 10x | as long as short |
| Injective MSTR/USDC PERP | +0.0033% | 1h | 169.34 | +3.011% | $8K | $26K | 30x | as long as short |
| Arcus MSTR-USD | +0.0040% | 1h | 164.35 | −0.024% | $26K | $112K | 10x | as long as short |
Bitget MSTRUSDT
Gate MSTR_USDT
Aster MSTRUSDT
OKX MSTR-USDT-SWAP
Phemex MSTRUSDT
Variational Omni MSTR
Lighter MSTR
Extended MSTR_24_5-USD
Injective MSTR/USDC PERP
Arcus MSTR-USDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest MSTR-USD-PERP | +0.0046% | 1h | 164.29 | −0.061% | — | $1.8M | 25x | as long as short |
| Polymarket Perps MSTR-USD | +0.0050% | 1h | 164.38 | −0.006% | $383K | $2.7M | 10x | as long as short |
| SoDEX MSTR-USD | +0.0050% | 1h | 164.42 | +0.018% | $43K | $3K | 10x | as long as short |
| Ondo Perps MSTR-USD.P | +0.0050% | 1h | 164.12 | −0.164% | $887K | $4.3M | 10x | as long as short |
| QFEX MSTR-USD | +0.0060% | 1h | 164.46 | +0.043% | $1.4M | $7.8M | 10x | as long as short |
| Binance MSTRUSDT | +0.0082% | 8h | 164.48 | +0.055% | $87.9M | $618.0M | 50x | as long as short |
| tradeXYZ xyz:MSTRlong | +0.0082% | 1h | 164.39 | long leg | $55.1M | $36.6M | 10x | |
| Pacifica MSTR | +0.0100% | 1h | 164.39 | +0.001% | $100K | $85K | 10x | as long as short |
| KuCoin MSTRUSDTM | +0.0100% | 8h | 164.31 | −0.049% | $2.4M | $2.7M | 20x | as long as short |
| ApeX Omni MSTRUSDT | +0.0100% | 1h | 164.14 | −0.152% | $4K | $184K | 50x | as long as short |
| Orderly PERP_MSTR_USDC_mythos | +0.0100% | 8h | 164.42 | +0.018% | $3K | $8K | 10x | as long as short |
| Aevo MSTR-PERP | +0.0104% | 1h | 164.44 | +0.027% | $136 | — | 10x | as long as short |
| Paradex MSTR-USD-PERPshort | +0.0144% | 8h | 164.40 | +0.003% | $66 | — | 5x | |
| edgeX MSTRUSDC | +0.0153% | 4h | 164.15 | −0.145% | $50K | $5.4M | 10x | as long as short |
| GRVT MSTR_USDT_Perp | +0.0178% | 8h | 164.25 | −0.083% | $77K | $772K | 10x | as long as short |
| Coinbase International MSTR-PERP-INTX | +0.0200% | 1h | 164.09 | −0.182% | $1.4M | $1.1M | 10x | as long as short |
| Nado MSTR-PERP | +0.0225% | 1h | 164.32 | −0.042% | $122K | $149K | 3x | as long as short |
| RISEx MSTR/USDC | +0.0291% | 1h | 164.44 | +0.030% | $269K | $447K | 10x | as long as short |
| Phoenix MSTR | +0.0336% | 1h | 164.25 | −0.082% | $55K | $227K | 10x | as long as short |
| Bybit MSTRUSDT | +0.0337% | 8h | 164.52 | +0.079% | $17.1M | $40.7M | 50x | as long as short |
| Deribit MSTR_USDC-PERPETUAL | +0.0723% | 1h | 164.52 | +0.079% | $280K | $438K | 10x | as long as short |
Vest MSTR-USD-PERP
Polymarket Perps MSTR-USD
SoDEX MSTR-USD
Ondo Perps MSTR-USD.P
QFEX MSTR-USD
Binance MSTRUSDT
Pacifica MSTR
KuCoin MSTRUSDTM
ApeX Omni MSTRUSDT
Orderly PERP_MSTR_USDC_mythos
Aevo MSTR-PERP
edgeX MSTRUSDC
GRVT MSTR_USDT_Perp
Coinbase International MSTR-PERP-INTX
Nado MSTR-PERP
RISEx MSTR/USDC
Phoenix MSTR
Bybit MSTRUSDT
Deribit MSTR_USDC-PERPETUAL