Funding you earn now, next payment 07:00 UTC+0.0004%/8h= +0.5% APRnext payment +$0.01 per $10,000 · paid last 24h +0.026%
Price spread now: SoDEX against Vest+0.092%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
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SoDEX is 0.092% dearer against Vest than usual: you sell high and buy low, +$9 on $10k if it 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 | 162.95 | 0.0046 | pay 0.0006% / 1h | 48m 04s | — | $1.8M | 25x |
| Short | SoDEX MSTR-USD | 163.10 | 0.0050 | get 0.0006% / 1h | 48m 04s | $43K | $3K | 10x |
Vest MSTR-USD-PERP
SoDEX MSTR-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- $0.91
- Price spread: +0.092% → 0.000%
- $9.21
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- $0.11
- Costs to cover
- 0.100%
- Break-even
- 6.1 days
Slippage unknown: Vest: no order-book sample; SoDEX: 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 SoDEX no order-book sample | — | — | — | — | — |
Vest and SoDEX: 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 | −0.0883% | 8h | 163.33 | +0.233% | $28.7M | $119.1M | 25x | as long as short |
| Gate MSTR_USDT | 0.0000% | 8h | 163.21 | +0.160% | $4.7M | $19.5M | 50x | as long as short |
| Phemex MSTRUSDT | 0.0000% | 4h | 163.28 | +0.203% | $2.7M | $78K | 10x | as long as short |
| Aster MSTRUSDT | +0.0020% | 8h | 163.12 | +0.107% | $1.8M | $8.7M | 50x | as long as short |
| Extended MSTR_24_5-USD | +0.0032% | 1h | 162.96 | +0.009% | $503K | $2.0M | 10x | as long as short |
| Injective MSTR/USDC PERP | +0.0033% | 1h | 169.34 | +3.921% | $8K | $26K | 30x | as long as short |
| Arcus MSTR-USD | +0.0040% | 1h | 163.33 | +0.233% | $26K | $113K | 10x | as long as short |
| Vest MSTR-USD-PERPlong | +0.0046% | 1h | 162.95 | long leg | — | $1.8M | 25x | |
| Polymarket Perps MSTR-USD | +0.0050% | 1h | 163.09 | +0.086% | $377K | $2.7M | 10x | as long as short |
| SoDEX MSTR-USDshort | +0.0050% | 1h | 163.10 | +0.092% | $43K | $3K | 10x |
Bitget MSTRUSDT
Gate MSTR_USDT
Phemex MSTRUSDT
Aster MSTRUSDT
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 | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps MSTR-USD.P | +0.0050% | 1h | 162.98 | +0.018% | $842K | $3.9M | 10x | as long as short |
| QFEX MSTR-USD | +0.0057% | 1h | 163.17 | +0.135% | $1.3M | $7.3M | 10x | as long as short |
| Pacifica MSTR | +0.0100% | 1h | 163.17 | +0.137% | $100K | $83K | 10x | as long as short |
| KuCoin MSTRUSDTM | +0.0100% | 8h | 163.08 | +0.080% | $2.4M | $2.7M | 20x | as long as short |
| ApeX Omni MSTRUSDT | +0.0100% | 1h | 163.11 | +0.098% | $5K | $182K | 50x | as long as short |
| Orderly PERP_MSTR_USDC_mythos | +0.0100% | 8h | 163.12 | +0.104% | $2K | $13K | 10x | as long as short |
| Aevo MSTR-PERP | +0.0104% | 1h | 163.14 | +0.114% | $135 | — | 10x | as long as short |
| OKX MSTR-USDT-SWAP | +0.0125% | 8h | 163.13 | +0.110% | $20.7M | $100.5M | 50x | as long as short |
| Variational Omni MSTR | +0.0143% | 8h | 163.26 | +0.189% | $1.2M | $2.1M | — | as long as short |
| Lighter MSTR | +0.0144% | 1h | 163.08 | +0.080% | $3.5M | $2.0M | 10x | as long as short |
| Paradex MSTR-USD-PERP | +0.0145% | 8h | 163.20 | +0.153% | $65 | — | 5x | as long as short |
| Coinbase International MSTR-PERP-INTX | +0.0152% | 1h | 161.52 | −0.878% | $1.4M | $1.1M | 10x | as long as short |
| tradeXYZ xyz:MSTR | +0.0204% | 1h | 163.10 | +0.092% | $54.1M | $37.3M | 10x | as long as short |
| Binance MSTRUSDT | +0.0220% | 8h | 163.12 | +0.102% | $83.7M | $628.6M | 50x | as long as short |
| edgeX MSTRUSDC | +0.0223% | 4h | 163.25 | +0.184% | $46K | $5.4M | 10x | as long as short |
| GRVT MSTR_USDT_Perp | +0.0230% | 8h | 163.31 | +0.221% | $79K | $876K | 10x | as long as short |
| Nado MSTR-PERP | +0.0315% | 1h | 162.97 | +0.014% | $130K | $157K | 3x | as long as short |
| Phoenix MSTR | +0.0328% | 1h | 163.31 | +0.220% | $55K | $223K | 10x | as long as short |
| BloFin MSTR-USDT | +0.0340% | 8h | 163.14 | +0.117% | $1.0M | $2.1M | 20x | as long as short |
| Bybit MSTRUSDT | +0.0378% | 8h | 163.19 | +0.147% | $16.8M | $41.8M | 50x | as long as short |
| RISEx MSTR/USDC | +0.0381% | 1h | 163.18 | +0.138% | $262K | $437K | 10x | as long as short |
| Deribit MSTR_USDC-PERPETUAL | +0.0548% | 1h | 163.09 | +0.086% | $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
OKX MSTR-USDT-SWAP
Variational Omni MSTR
Lighter MSTR
Paradex MSTR-USD-PERP
Coinbase International MSTR-PERP-INTX
tradeXYZ xyz:MSTR
Binance MSTRUSDT
edgeX MSTRUSDC
GRVT MSTR_USDT_Perp
Nado MSTR-PERP
Phoenix MSTR
BloFin MSTR-USDT
Bybit MSTRUSDT
RISEx MSTR/USDC
Deribit MSTR_USDC-PERPETUAL