MSTR

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0286%/8h= +31.3% APRnext payment +$0.36 per $10,000 · paid last 24h +0.029%

Price spread now: RISEx against tradeXYZ+0.060%7-day average +0.063% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$32as in the Price arb table

costs, in and out, $10k−$320.318% of the position

Long on tradeXYZ Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.190%+$19 on $10k

Price spread, last 4 days (all we have)+0.081%+$8 · spread now +0.060%, 7d avg +0.063%

Together, before fees+0.272%+ Points / potential airdroptradeXYZ: Active · farm board+$27 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.063%, so right now this pair is about funding alone: +$9 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	166.23	0.0172	pay 0.0022% / 1h	54m 26s	$54.9M	$33.4M	10x
Short	RISEx MSTR/USDC	166.33	0.0459	get 0.0057% / 1h	54m 26s	$274K	$347K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against tradeXYZ. 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 tradeXYZbpFee RISExbpOrdersPrice spread, now +0.060%Rate

Funding earned: $60.12
Price spread: +0.060% → +0.063%: −$0.27
Slippage, 4 orders: −$7.79
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee RISEx: 3 bp × 2 orders: −$6
Net: $28.06
Costs to cover: 0.318%
Break-even: 3.7 days

Slippage from tradeXYZ: live order book, 8 min ago; RISEx: live order book, 52 min ago.

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, 8 min ago	0.90 bp	10.6 bp −$11	12.6 bp −$126	doesn't fit	doesn't fit
Sell RISEx live order book, 52 min ago	2.11 bp	5.1 bp −$5	7.0 bp −$70	doesn't fit	doesn't fit

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
Gate MSTR_USDT	0.0000%	8h	166.37	+0.084%	$4.9M	$17.0M	50x	as long as short
Bitget MSTRUSDT	0.0000%	8h	166.30	+0.042%	$32.2M	$102.8M	25x	as long as short
Phemex MSTRUSDT	0.0000%	4h	166.41	+0.108%	$2.8M	$84K	10x	as long as short
Lighter MSTR	+0.0032%	1h	166.24	+0.006%	$3.5M	$1.7M	10x	as long as short
Extended MSTR_24_5-USD	+0.0032%	1h	166.23	+0.001%	$1.0M	$2.4M	10x	as long as short
Injective MSTR/USDC PERP	+0.0033%	1h	165.22	−0.608%	$7K	$28K	30x	as long as short
Vest MSTR-USD-PERP	+0.0046%	1h	166.44	+0.126%	—	$1.7M	25x	as long as short
Polymarket Perps MSTR-USD	+0.0050%	1h	166.24	+0.006%	$389K	$2.4M	10x	as long as short
SoDEX MSTR-USD	+0.0050%	1h	166.40	+0.102%	$44K	$3K	10x	as long as short
Ondo Perps MSTR-USD.P	+0.0050%	1h	166.13	−0.060%	$862K	$3.3M	10x	as long as short

Show all 32 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX MSTR-USD	+0.0054%	1h	166.24	+0.006%	$1.3M	$5.7M	10x	as long as short
Coinbase International MSTR-PERP-INTX	+0.0056%	1h	166.19	−0.024%	$1.4M	$355K	10x	as long as short
Nado MSTR-PERP	+0.0079%	1h	166.20	−0.019%	$127K	$126K	3x	as long as short
Paradex MSTR-USD-PERP	+0.0087%	8h	166.36	+0.077%	$67	—	5x	as long as short
Pacifica MSTR	+0.0100%	1h	166.29	+0.036%	$102K	$64K	10x	as long as short
KuCoin MSTRUSDTM	+0.0100%	8h	166.22	−0.006%	$2.3M	$2.8M	20x	as long as short
ApeX Omni MSTRUSDT	+0.0100%	1h	166.35	+0.072%	$6K	$151K	50x	as long as short
Orderly PERP_MSTR_USDC_mythos	+0.0100%	8h	166.38	+0.090%	$2K	$11K	10x	as long as short
Aevo MSTR-PERP	+0.0104%	1h	166.44	+0.124%	$138	$100	10x	as long as short
Bybit MSTRUSDT	+0.0160%	8h	166.30	+0.042%	$16.7M	$37.8M	50x	as long as short
tradeXYZ xyz:MSTRlong	+0.0172%	1h	166.23	long leg	$54.9M	$33.4M	10x
OKX MSTR-USDT-SWAP	+0.0266%	8h	166.28	+0.030%	$21.9M	$79.9M	50x	as long as short
Aster MSTRUSDT	+0.0272%	8h	166.40	+0.104%	$1.8M	$6.3M	50x	as long as short
edgeX MSTRUSDC	+0.0310%	4h	166.41	+0.108%	$51K	$4.5M	10x	as long as short
Phoenix MSTR	+0.0322%	1h	166.39	+0.095%	$56K	$213K	10x	as long as short
Variational Omni MSTR	+0.0360%	8h	166.44	+0.124%	$1.2M	$1.6M	—	as long as short
GRVT MSTR_USDT_Perp	+0.0450%	8h	166.62	+0.235%	$85K	$922K	10x	as long as short
Binance MSTRUSDT	+0.0451%	8h	166.29	+0.036%	$87.0M	$516.9M	50x	as long as short
RISEx MSTR/USDCshort	+0.0459%	1h	166.33	+0.060%	$274K	$347K	10x
BloFin MSTR-USDT	+0.0583%	8h	166.45	+0.132%	$1.1M	$2.0M	20x	as long as short
Deribit MSTR_USDC-PERPETUAL	+0.0592%	1h	166.32	+0.054%	$283K	$183K	10x	as long as short
Arcus MSTR-USD	+0.0803%	1h	166.47	+0.144%	$26K	$63K	10x	as long as short