Funding you earn now, next payment 05:00 UTC−0.1039%/8h= −113.8% APRpaid last 24h +0.004%
Price spread now: Bitget against Aevo+0.041%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Bitget is 0.041% dearer against Aevo than usual: you sell high and buy low (spread +0.041% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$31 a day in funding at the current rate, which eats that in about 3 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo MSTR-PERP | 163.95 | 0.0104 | pay 0.0013% / 1h | 23m 44s | $136 | — | 10x |
| Short | Bitget MSTRUSDT | 164.02 | −0.0935 | pay 0.0935% / 8h | 3h 23m | $27.9M | $115.7M | 25x |
Aevo MSTR-PERP
Bitget MSTRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Aevo. 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
- −$218.19
- Price spread: +0.041% → 0.000%
- $4.06
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$242.13
- Costs to cover
- 0.280%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; Bitget: live order book, 5 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 Aevo no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 5 min ago | 0.61 bp | 8.2 bp −$8 | 11.9 bp −$119 | 40.6 bp −$4,055 | doesn't fit |
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 MSTRUSDTshort | −0.0935% | 8h | 164.02 | +0.041% | $27.9M | $115.7M | 25x | |
| Aster MSTRUSDT | 0.0000% | 8h | 163.84 | −0.070% | $1.8M | $8.6M | 50x | as long as short |
| Gate MSTR_USDT | 0.0000% | 8h | 163.90 | −0.033% | $4.6M | $19.1M | 50x | as long as short |
| Phemex MSTRUSDT | 0.0000% | 4h | 164.03 | +0.047% | $2.8M | $77K | 10x | as long as short |
| Extended MSTR_24_5-USD | +0.0032% | 1h | 163.68 | −0.170% | $592K | $1.9M | 10x | as long as short |
| Injective MSTR/USDC PERP | +0.0033% | 1h | 169.34 | +3.285% | $8K | $26K | 30x | as long as short |
| Lighter MSTR | +0.0040% | 1h | 163.75 | −0.124% | $3.5M | $1.9M | 10x | as long as short |
| Arcus MSTR-USD | +0.0040% | 1h | 164.05 | +0.059% | $26K | $110K | 10x | as long as short |
| Vest MSTR-USD-PERP | +0.0046% | 1h | 163.68 | −0.167% | — | $1.7M | 25x | as long as short |
| OKX MSTR-USDT-SWAP | +0.0048% | 8h | 163.85 | −0.063% | $20.7M | $98.9M | 50x | as long as short |
Aster MSTRUSDT
Gate MSTR_USDT
Phemex MSTRUSDT
Extended MSTR_24_5-USD
Injective MSTR/USDC PERP
Lighter MSTR
Arcus MSTR-USD
Vest MSTR-USD-PERP
OKX MSTR-USDT-SWAPShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps MSTR-USD | +0.0050% | 1h | 163.92 | −0.020% | $379K | $2.7M | 10x | as long as short |
| SoDEX MSTR-USD | +0.0050% | 1h | 163.93 | −0.014% | $43K | $3K | 10x | as long as short |
| Ondo Perps MSTR-USD.P | +0.0050% | 1h | 163.63 | −0.197% | $867K | $3.9M | 10x | as long as short |
| Paradex MSTR-USD-PERP | +0.0064% | 8h | 163.78 | −0.108% | $66 | — | 5x | as long as short |
| QFEX MSTR-USD | +0.0067% | 1h | 163.84 | −0.069% | $1.4M | $7.3M | 10x | as long as short |
| Pacifica MSTR | +0.0100% | 1h | 163.78 | −0.109% | $100K | $84K | 10x | as long as short |
| KuCoin MSTRUSDTM | +0.0100% | 8h | 163.79 | −0.100% | $2.4M | $2.7M | 20x | as long as short |
| ApeX Omni MSTRUSDT | +0.0100% | 1h | 163.88 | −0.045% | $6K | $182K | 50x | as long as short |
| Orderly PERP_MSTR_USDC_mythos | +0.0100% | 8h | 163.93 | −0.014% | $4K | $8K | 10x | as long as short |
| Aevo MSTR-PERPlong | +0.0104% | 1h | 163.95 | long leg | $136 | — | 10x | |
| Variational Omni MSTR | +0.0106% | 8h | 163.95 | +0.001% | $1.2M | $2.1M | — | as long as short |
| Coinbase International MSTR-PERP-INTX | +0.0168% | 1h | 163.88 | −0.045% | $1.4M | $1.1M | 10x | as long as short |
| Binance MSTRUSDT | +0.0168% | 8h | 163.84 | −0.069% | $86.5M | $616.9M | 50x | as long as short |
| GRVT MSTR_USDT_Perp | +0.0173% | 8h | 164.17 | +0.132% | $75K | $825K | 10x | as long as short |
| RISEx MSTR/USDC | +0.0231% | 1h | 163.84 | −0.069% | $266K | $445K | 10x | as long as short |
| Nado MSTR-PERP | +0.0258% | 1h | 163.81 | −0.090% | $121K | $148K | 3x | as long as short |
| tradeXYZ xyz:MSTR | +0.0259% | 1h | 163.80 | −0.094% | $54.6M | $37.1M | 10x | as long as short |
| BloFin MSTR-USDT | +0.0289% | 8h | 164.04 | +0.053% | $1.0M | $2.1M | 20x | as long as short |
| Bybit MSTRUSDT | +0.0331% | 8h | 163.84 | −0.069% | $16.7M | $41.0M | 50x | as long as short |
| Phoenix MSTR | +0.0340% | 1h | 164.28 | +0.202% | $56K | $226K | 10x | as long as short |
| edgeX MSTRUSDC | +0.0656% | 4h | 163.98 | +0.018% | $49K | $5.3M | 10x | as long as short |
| Deribit MSTR_USDC-PERPETUAL | +0.0971% | 1h | 164.00 | +0.028% | $279K | $438K | 10x | as long as short |
Polymarket Perps MSTR-USD
SoDEX MSTR-USD
Ondo Perps MSTR-USD.P
Paradex MSTR-USD-PERP
QFEX MSTR-USD
Pacifica MSTR
KuCoin MSTRUSDTM
ApeX Omni MSTRUSDT
Orderly PERP_MSTR_USDC_mythos
Variational Omni MSTR
Coinbase International MSTR-PERP-INTX
Binance MSTRUSDT
GRVT MSTR_USDT_Perp
RISEx MSTR/USDC
Nado MSTR-PERP
tradeXYZ xyz:MSTR
BloFin MSTR-USDT
Bybit MSTRUSDT
Phoenix MSTR
edgeX MSTRUSDC
Deribit MSTR_USDC-PERPETUAL