MSTR

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0190%/8h= +20.8% APRnext payment +$0.24 per $10,000 · paid last 24h +0.041%

Price spread now: Injective against Vest+0.451%7-day average — · you sell dearer than you buy

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

Long on Vest Short on Injective

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—+ Points / potential airdropVest: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Injective is 0.451% dearer against Vest than usual: you sell high and buy low: +$45 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	168.58	0.0046	pay 0.0006% / 1h	36m 57s	—	$1.7M	25x
Short	Injective MSTR/USDC PERP	169.34	0.0235	get 0.0029% / 1h	36m 57s	$8K	$26K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Vest. 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 VestbpFee InjectivebpOrdersPrice spread, now +0.451%Rate

Funding earned: $39.84
Price spread: +0.451% → 0.000%: $45.08
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $82.9
Costs to cover: 0.020%
Break-even: from the start

Slippage unknown: Vest: no order-book sample; Injective: 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 Injective no order-book sample	—	—	—	—	—

Vest and Injective: 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	−0.0074%	1h	168.45	−0.076%	$139K	$90K	3x	as long as short
Aster MSTRUSDT	0.0000%	8h	168.68	+0.057%	$1.2M	$6.1M	50x	as long as short
OKX MSTR-USDT-SWAP	0.0000%	8h	168.74	+0.095%	$21.7M	$102.0M	50x	as long as short
Gate MSTR_USDT	0.0000%	8h	168.75	+0.101%	$4.7M	$18.9M	50x	as long as short
Bitget MSTRUSDT	0.0000%	8h	168.77	+0.113%	$28.5M	$114.1M	25x	as long as short
Variational Omni MSTR	0.0000%	8h	168.74	+0.094%	$1.2M	$2.1M	—	as long as short
GRVT MSTR_USDT_Perp	0.0000%	8h	168.69	+0.065%	$85K	$860K	10x	as long as short
Phemex MSTRUSDT	0.0000%	4h	168.79	+0.125%	$2.8M	$66K	10x	as long as short
Bybit MSTRUSDT	+0.0004%	8h	168.71	+0.077%	$15.1M	$39.3M	50x	as long as short
Lighter MSTR	+0.0032%	1h	168.71	+0.077%	$3.6M	$2.0M	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended MSTR_24_5-USD	+0.0032%	1h	168.51	−0.042%	$581K	$1.8M	10x	as long as short
QFEX MSTR-USD	+0.0035%	1h	168.55	−0.018%	$1.4M	$9.5M	10x	as long as short
Arcus MSTR-USD	+0.0040%	1h	168.81	+0.136%	$27K	$118K	10x	as long as short
Vest MSTR-USD-PERPlong	+0.0046%	1h	168.58	long leg	—	$1.7M	25x
Polymarket Perps MSTR-USD	+0.0050%	1h	168.58	0.000%	$396K	$2.7M	10x	as long as short
SoDEX MSTR-USD	+0.0050%	1h	168.58	0.000%	$44K	$3K	10x	as long as short
Ondo Perps MSTR-USD.P	+0.0050%	1h	168.47	−0.065%	$743K	$5.0M	10x	as long as short
Binance MSTRUSDT	+0.0054%	8h	168.72	+0.084%	$89.0M	$617.0M	50x	as long as short
BloFin MSTR-USDT	+0.0056%	8h	168.73	+0.089%	$1.1M	$1.9M	20x	as long as short
Paradex MSTR-USD-PERP	+0.0088%	8h	168.54	−0.026%	$67	—	5x	as long as short
Coinbase International MSTR-PERP-INTX	+0.0088%	1h	168.46	−0.071%	$1.4M	$1.1M	10x	as long as short
Pacifica MSTR	+0.0100%	1h	168.58	+0.002%	$104K	$85K	10x	as long as short
KuCoin MSTRUSDTM	+0.0100%	8h	168.71	+0.077%	$2.5M	$2.7M	20x	as long as short
ApeX Omni MSTRUSDT	+0.0100%	1h	168.65	+0.042%	$4K	$204K	50x	as long as short
Orderly PERP_MSTR_USDC_mythos	+0.0100%	8h	168.69	+0.065%	$3K	$8K	10x	as long as short
Aevo MSTR-PERP	+0.0104%	1h	168.65	+0.039%	$140	—	10x	as long as short
tradeXYZ xyz:MSTR	+0.0201%	1h	168.70	+0.071%	$56.9M	$35.2M	10x	as long as short
Injective MSTR/USDC PERPshort	+0.0235%	1h	169.34	+0.451%	$8K	$26K	30x
Phoenix MSTR	+0.0259%	1h	168.74	+0.094%	$56K	$384K	10x	as long as short
RISEx MSTR/USDC	+0.0349%	1h	168.65	+0.043%	$275K	$434K	10x	as long as short
edgeX MSTRUSDC	+0.0572%	4h	168.81	+0.138%	$47K	$5.5M	10x	as long as short
Deribit MSTR_USDC-PERPETUAL	+0.0996%	1h	168.81	+0.136%	$287K	$438K	10x	as long as short