Funding you earn now, next payment 07:00 UTC+0.0336%/8h= +36.7% APRnext payment +$0.42 per $10,000 · paid last 24h +0.090%
Price spread now: RISEx against Vest+0.249%7-day average +0.768% · 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)+0.306%+$31 on $10k
+Price spread, last 4 days (all we have)−1.117%−$112 · spread now +0.249%, 7d avg +0.768%
=Together, before fees−0.811%+ Points / potential airdropVest: Active · farm board−$81 on $10k · with fees, hour by hour
Funding pays, the price is against you. RISEx is 0.519% cheaper against Vest than usual: you would sell low and buy high (spread +0.249% now, against its 7-day average of +0.768%). If the spread goes back, that is −$52 on $10k: about 5.2 days of funding at the current rate (+$10 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest MSTR-USD-PERP | 162.50 | 0.0046 | pay 0.0006% / 1h | 40m 59s | — | $1.8M | 25x |
| Short | RISEx MSTR/USDC | 162.91 | 0.0381 | get 0.0048% / 1h | 40m 59s | $262K | $437K | 10x |
Vest MSTR-USD-PERP
RISEx MSTR/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- $70.47
- Price spread: +0.249% → +0.768%
- −$51.87
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- $10.6
- Costs to cover
- 0.080%
- Break-even
- 5.9 days
Slippage unknown: Vest: no order-book sample; RISEx: live order book, 2 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 RISEx live order book, 2 min ago | 1.53 bp | 4.5 bp −$5 | 6.6 bp −$66 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget MSTRUSDT | −0.0902% | 8h | 162.98 | +0.295% | $28.7M | $119.1M | 25x | as long as short |
| Gate MSTR_USDT | 0.0000% | 8h | 162.81 | +0.191% | $4.7M | $19.5M | 50x | as long as short |
| Phemex MSTRUSDT | 0.0000% | 4h | 163.32 | +0.505% | $2.7M | $78K | 10x | as long as short |
| Aster MSTRUSDT | +0.0025% | 8h | 162.77 | +0.165% | $1.8M | $8.7M | 50x | as long as short |
| Extended MSTR_24_5-USD | +0.0032% | 1h | 162.57 | +0.046% | $506K | $2.0M | 10x | as long as short |
| Injective MSTR/USDC PERP | +0.0033% | 1h | 169.34 | +4.209% | $8K | $26K | 30x | as long as short |
| Arcus MSTR-USD | +0.0040% | 1h | 162.98 | +0.295% | $26K | $113K | 10x | as long as short |
| Vest MSTR-USD-PERPlong | +0.0046% | 1h | 162.50 | long leg | — | $1.8M | 25x | |
| Polymarket Perps MSTR-USD | +0.0050% | 1h | 162.74 | +0.148% | $376K | $2.7M | 10x | as long as short |
| SoDEX MSTR-USD | +0.0050% | 1h | 162.75 | +0.154% | $43K | $3K | 10x | as long as short |
Bitget MSTRUSDT
Gate MSTR_USDT
Phemex MSTRUSDT
Aster MSTRUSDT
Extended MSTR_24_5-USD
Injective MSTR/USDC PERP
Arcus MSTR-USD
Polymarket Perps MSTR-USD
SoDEX MSTR-USDShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps MSTR-USD.P | +0.0050% | 1h | 162.77 | +0.166% | $854K | $3.9M | 10x | as long as short |
| QFEX MSTR-USD | +0.0057% | 1h | 162.81 | +0.191% | $1.3M | $7.3M | 10x | as long as short |
| Pacifica MSTR | +0.0100% | 1h | 162.83 | +0.206% | $100K | $83K | 10x | as long as short |
| KuCoin MSTRUSDTM | +0.0100% | 8h | 162.72 | +0.135% | $2.4M | $2.7M | 20x | as long as short |
| ApeX Omni MSTRUSDT | +0.0100% | 1h | 162.84 | +0.209% | $5K | $182K | 50x | as long as short |
| Orderly PERP_MSTR_USDC_mythos | +0.0100% | 8h | 162.77 | +0.166% | $2K | $13K | 10x | as long as short |
| Aevo MSTR-PERP | +0.0104% | 1h | 162.78 | +0.171% | $135 | — | 10x | as long as short |
| Lighter MSTR | +0.0128% | 1h | 162.75 | +0.154% | $3.5M | $2.0M | 10x | as long as short |
| OKX MSTR-USDT-SWAP | +0.0135% | 8h | 162.78 | +0.172% | $20.7M | $100.3M | 50x | as long as short |
| Variational Omni MSTR | +0.0144% | 8h | 162.76 | +0.158% | $1.2M | $2.1M | — | as long as short |
| Paradex MSTR-USD-PERP | +0.0150% | 8h | 162.80 | +0.187% | $65 | — | 5x | as long as short |
| Coinbase International MSTR-PERP-INTX | +0.0152% | 1h | 161.52 | −0.603% | $1.4M | $1.1M | 10x | as long as short |
| edgeX MSTRUSDC | +0.0172% | 4h | 162.89 | +0.242% | $46K | $5.4M | 10x | as long as short |
| Binance MSTRUSDT | +0.0224% | 8h | 162.77 | +0.166% | $83.6M | $628.5M | 50x | as long as short |
| GRVT MSTR_USDT_Perp | +0.0236% | 8h | 162.97 | +0.289% | $79K | $867K | 10x | as long as short |
| tradeXYZ xyz:MSTR | +0.0237% | 1h | 162.69 | +0.117% | $53.9M | $37.3M | 10x | as long as short |
| Phoenix MSTR | +0.0328% | 1h | 162.99 | +0.299% | $55K | $223K | 10x | as long as short |
| Nado MSTR-PERP | +0.0335% | 1h | 162.75 | +0.151% | $130K | $157K | 3x | as long as short |
| BloFin MSTR-USDT | +0.0344% | 8h | 162.75 | +0.154% | $1.0M | $2.1M | 20x | as long as short |
| Bybit MSTRUSDT | +0.0379% | 8h | 162.80 | +0.185% | $16.8M | $41.8M | 50x | as long as short |
| RISEx MSTR/USDCshort | +0.0381% | 1h | 162.91 | +0.249% | $262K | $437K | 10x | |
| Deribit MSTR_USDC-PERPETUAL | +0.0918% | 1h | 162.80 | +0.185% | $277K | $437K | 10x | as long as short |
Ondo Perps MSTR-USD.P
QFEX MSTR-USD
Pacifica MSTR
KuCoin MSTRUSDTM
ApeX Omni MSTRUSDT
Orderly PERP_MSTR_USDC_mythos
Aevo MSTR-PERP
Lighter MSTR
OKX MSTR-USDT-SWAP
Variational Omni MSTR
Paradex MSTR-USD-PERP
Coinbase International MSTR-PERP-INTX
edgeX MSTRUSDC
Binance MSTRUSDT
GRVT MSTR_USDT_Perp
tradeXYZ xyz:MSTR
Phoenix MSTR
Nado MSTR-PERP
BloFin MSTR-USDT
Bybit MSTRUSDT
Deribit MSTR_USDC-PERPETUAL