MSTR

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.5% APRnext payment +$0.01 per $10,000 · paid last 24h +0.017%

Price spread now: Polymarket Perps against Vest−0.136%7-day average +0.926% · you buy dearer than you sell

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

Long on Vest Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.148%+$15 on $10k

Price spread, last 3 days (all we have)+0.055%+$6 · spread now −0.136%, 7d avg +0.926%

Together, before fees+0.204%+ Points / potential airdropVest: Active · farm board+$20 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Polymarket Perps is 1.061% cheaper against Vest than usual: you would sell low and buy high, −$106 on $10k if it goes back to its 7-day average of +0.926%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest MSTR-USD-PERP	169.71	0.0046	pay 0.0006% / 1h	10m 25s	—	$2.1M	25x
Short	Polymarket Perps MSTR-USD	169.48	0.0050	get 0.0006% / 1h	10m 25s	$410K	$2.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Vest. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Polymarket PerpsbpOrdersPrice spread, now −0.136%Rate

Funding earned: $0.91
Price spread: −0.136% → +0.926%: −$106.11
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$115.2
Costs to cover: 0.100%
Break-even: 895.9 days

Slippage unknown: Vest: no order-book sample; Polymarket Perps: live order book, 3 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 Vest no order-book sample	—	—	—	—	—
Sell Polymarket Perps live order book, 3 min ago	1.48 bp	5.5 bp −$5	9.0 bp −$90	doesn't fit	doesn't fit

Vest: 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	−0.0066%	1h	169.52	−0.113%	$140K	$98K	3x	as long as short
Aster MSTRUSDT	0.0000%	8h	169.51	−0.121%	$1.3M	$6.2M	50x	as long as short
Binance MSTRUSDT	0.0000%	8h	169.54	−0.099%	$88.7M	$630.6M	50x	as long as short
OKX MSTR-USDT-SWAP	0.0000%	8h	169.57	−0.082%	$22.1M	$107.5M	50x	as long as short
RISEx MSTR/USDC	0.0000%	1h	169.53	−0.104%	$277K	$446K	10x	as long as short
Gate MSTR_USDT	0.0000%	8h	169.48	−0.136%	$4.8M	$19.7M	50x	as long as short
Variational Omni MSTR	0.0000%	8h	169.48	−0.135%	$1.2M	$2.4M	—	as long as short
GRVT MSTR_USDT_Perp	0.0000%	8h	169.50	−0.125%	$83K	$948K	10x	as long as short
Deribit MSTR_USDC-PERPETUAL	0.0000%	1h	169.52	−0.112%	$288K	$439K	10x	as long as short
Phemex MSTRUSDT	0.0000%	4h	169.44	−0.159%	$2.9M	$58K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin MSTR-USDT	+0.0020%	8h	169.51	−0.118%	$1.1M	$1.8M	20x	as long as short
Lighter MSTR	+0.0032%	1h	169.58	−0.077%	$3.6M	$2.6M	10x	as long as short
Extended MSTR_24_5-USD	+0.0032%	1h	169.47	−0.139%	$588K	$1.9M	10x	as long as short
QFEX MSTR-USD	+0.0039%	1h	169.48	−0.136%	$1.5M	$10.2M	10x	as long as short
Vest MSTR-USD-PERPlong	+0.0046%	1h	169.71	long leg	—	$2.1M	25x
Coinbase International MSTR-PERP-INTX	+0.0048%	1h	169.11	−0.354%	$1.5M	$1.2M	10x	as long as short
tradeXYZ xyz:MSTR	+0.0050%	1h	169.50	−0.124%	$56.8M	$38.3M	10x	as long as short
Polymarket Perps MSTR-USDshort	+0.0050%	1h	169.48	−0.136%	$410K	$2.6M	10x
SoDEX MSTR-USD	+0.0050%	1h	169.48	−0.136%	$45K	$3K	10x	as long as short
Ondo Perps MSTR-USD.P	+0.0050%	1h	169.39	−0.189%	$752K	$5.1M	10x	as long as short
Bitget MSTRUSDT	+0.0072%	8h	169.52	−0.112%	$28.8M	$120.0M	25x	as long as short
Paradex MSTR-USD-PERP	+0.0087%	8h	169.51	−0.116%	$68	—	5x	as long as short
Bybit MSTRUSDT	+0.0091%	8h	169.56	−0.088%	$15.2M	$41.2M	50x	as long as short
Pacifica MSTR	+0.0100%	1h	169.49	−0.128%	$104K	$121K	10x	as long as short
KuCoin MSTRUSDTM	+0.0100%	8h	169.43	−0.165%	$2.6M	$2.8M	20x	as long as short
ApeX Omni MSTRUSDT	+0.0100%	1h	169.53	−0.106%	$4K	$871K	50x	as long as short
Orderly PERP_MSTR_USDC_mythos	+0.0100%	8h	169.50	−0.124%	$3K	$12K	10x	as long as short
Aevo MSTR-PERP	+0.0104%	1h	169.51	−0.118%	$141	—	10x	as long as short
Phoenix MSTR	+0.0184%	1h	169.66	−0.028%	$57K	$396K	10x	as long as short
Arcus MSTR-USD	+0.0432%	1h	169.63	−0.047%	$27K	$134K	10x	as long as short
Injective MSTR/USDC PERP	+0.0440%	1h	169.61	−0.059%	$13K	$22K	30x	as long as short
edgeX MSTRUSDC	+0.0743%	4h	169.62	−0.053%	$48K	$5.5M	10x	as long as short