Funding you earn now, next payment 06:00 UTC+0.0058%/8h= +6.4% APRnext payment +$0.07 per $10,000 · paid last 24h +0.017%
Price spread now: Aevo against Vest+0.221%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 Aevo is 0.221% dearer against Vest than usual: you sell high and buy low: +$22 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 | Vest MSTR-USD-PERP | 163.36 | 0.0046 | pay 0.0006% / 1h | 53m 00s | — | $1.7M | 25x |
| Short | Aevo MSTR-PERP | 163.72 | 0.0104 | get 0.0013% / 1h | 53m 00s | $136 | — | 10x |
Vest MSTR-USD-PERP
Aevo MSTR-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Vest. 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
- $12.25
- Price spread: +0.221% → 0.000%
- $22.09
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- $16.33
- Costs to cover
- 0.180%
- Break-even
- from the start
Slippage unknown: Vest: 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 Vest no order-book sample | — | — | — | — | — |
| Sell Aevo no order-book sample | — | — | — | — | — |
Vest 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 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 | −0.0988% | 8h | 163.95 | +0.361% | $27.1M | $116.9M | 25x | as long as short |
| Aster MSTRUSDT | 0.0000% | 8h | 163.78 | +0.260% | $1.8M | $8.6M | 50x | as long as short |
| Gate MSTR_USDT | 0.0000% | 8h | 163.91 | +0.337% | $4.6M | $19.1M | 50x | as long as short |
| Phemex MSTRUSDT | 0.0000% | 4h | 164.00 | +0.392% | $2.8M | $77K | 10x | as long as short |
| edgeX MSTRUSDC | +0.0003% | 4h | 163.64 | +0.171% | $48K | $5.4M | 10x | as long as short |
| Extended MSTR_24_5-USD | +0.0032% | 1h | 163.62 | +0.159% | $599K | $1.9M | 10x | as long as short |
| Injective MSTR/USDC PERP | +0.0033% | 1h | 169.34 | +3.661% | $8K | $26K | 30x | as long as short |
| Arcus MSTR-USD | +0.0040% | 1h | 163.73 | +0.226% | $26K | $109K | 10x | as long as short |
| Vest MSTR-USD-PERPlong | +0.0046% | 1h | 163.36 | long leg | — | $1.7M | 25x | |
| Polymarket Perps MSTR-USD | +0.0050% | 1h | 163.63 | +0.165% | $379K | $2.7M | 10x | as long as short |
Bitget MSTRUSDT
Aster MSTRUSDT
Gate MSTR_USDT
Phemex MSTRUSDT
edgeX MSTRUSDC
Extended MSTR_24_5-USD
Injective MSTR/USDC PERP
Arcus MSTR-USD
Polymarket Perps MSTR-USDShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX MSTR-USD | +0.0050% | 1h | 163.67 | +0.190% | $43K | $3K | 10x | as long as short |
| Ondo Perps MSTR-USD.P | +0.0050% | 1h | 163.65 | +0.178% | $817K | $3.9M | 10x | as long as short |
| QFEX MSTR-USD | +0.0054% | 1h | 163.63 | +0.165% | $1.4M | $7.2M | 10x | as long as short |
| OKX MSTR-USDT-SWAP | +0.0055% | 8h | 163.90 | +0.331% | $20.7M | $99.3M | 50x | as long as short |
| RISEx MSTR/USDC | +0.0088% | 1h | 163.70 | +0.208% | $265K | $446K | 10x | as long as short |
| Paradex MSTR-USD-PERP | +0.0094% | 8h | 163.64 | +0.174% | $65 | — | 5x | as long as short |
| Variational Omni MSTR | +0.0094% | 8h | 163.78 | +0.258% | $1.2M | $2.1M | — | as long as short |
| Pacifica MSTR | +0.0100% | 1h | 163.67 | +0.191% | $100K | $83K | 10x | as long as short |
| KuCoin MSTRUSDTM | +0.0100% | 8h | 163.67 | +0.190% | $2.4M | $2.7M | 20x | as long as short |
| ApeX Omni MSTRUSDT | +0.0100% | 1h | 163.61 | +0.153% | $6K | $182K | 50x | as long as short |
| Orderly PERP_MSTR_USDC_mythos | +0.0100% | 8h | 163.70 | +0.208% | $4K | $8K | 10x | as long as short |
| Lighter MSTR | +0.0104% | 1h | 163.65 | +0.178% | $3.5M | $1.9M | 10x | as long as short |
| Aevo MSTR-PERPshort | +0.0104% | 1h | 163.72 | +0.221% | $136 | — | 10x | |
| GRVT MSTR_USDT_Perp | +0.0153% | 8h | 163.82 | +0.282% | $83K | $824K | 10x | as long as short |
| Binance MSTRUSDT | +0.0162% | 8h | 163.86 | +0.305% | $85.9M | $619.5M | 50x | as long as short |
| Coinbase International MSTR-PERP-INTX | +0.0168% | 1h | 163.57 | +0.129% | $1.4M | $1.1M | 10x | as long as short |
| BloFin MSTR-USDT | +0.0282% | 8h | 163.70 | +0.208% | $1.0M | $2.1M | 20x | as long as short |
| Nado MSTR-PERP | +0.0304% | 1h | 163.48 | +0.076% | $121K | $148K | 3x | as long as short |
| Bybit MSTRUSDT | +0.0325% | 8h | 163.92 | +0.343% | $16.7M | $41.2M | 50x | as long as short |
| tradeXYZ xyz:MSTR | +0.0334% | 1h | 163.76 | +0.245% | $54.5M | $37.1M | 10x | as long as short |
| Phoenix MSTR | +0.0362% | 1h | 163.69 | +0.203% | $56K | $226K | 10x | as long as short |
| Deribit MSTR_USDC-PERPETUAL | +0.1156% | 1h | 163.76 | +0.245% | $278K | $438K | 10x | as long as short |
SoDEX MSTR-USD
Ondo Perps MSTR-USD.P
QFEX MSTR-USD
OKX MSTR-USDT-SWAP
RISEx MSTR/USDC
Paradex MSTR-USD-PERP
Variational Omni MSTR
Pacifica MSTR
KuCoin MSTRUSDTM
ApeX Omni MSTRUSDT
Orderly PERP_MSTR_USDC_mythos
Lighter MSTR
GRVT MSTR_USDT_Perp
Binance MSTRUSDT
Coinbase International MSTR-PERP-INTX
BloFin MSTR-USDT
Nado MSTR-PERP
Bybit MSTRUSDT
tradeXYZ xyz:MSTR
Phoenix MSTR
Deribit MSTR_USDC-PERPETUAL