Settings8H · net · $10k
Funding arb · Price arb /

MSTR

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0116%/8h= +12.7% APRpaid last 24h +0.051%
Price spread now: BloFin against Aevo+0.012%53s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo MSTR-PERP165.120.0104pay 0.0013% / 1h27m 28s$13710x
ShortBloFin MSTR-USDT165.140.0220get 0.0220% / 8h5h 27m$1.0M$2.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Aevo. 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

Funding earned
$24.43
Price spread: +0.012% → 0.000%
$1.18
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$2.39
Costs to cover
0.280%
Break-even
7.7 days
Slippage unknown: Aevo: no order-book sample; BloFin: 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
LegHalf-spread$10k$100k$1M$5M
Buy Aevo no order-book sample
Sell BloFin live order book, 5 min ago0.61 bp8.3 bp −$810.7 bp −$10724.2 bp −$2,422doesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget MSTRUSDT−0.1175%8h165.07−0.031%$27.7M$114.4M25xas long as short
Aster MSTRUSDT0.0000%8h164.98−0.085%$1.9M$8.5M50xas long as short
OKX MSTR-USDT-SWAP0.0000%8h164.99−0.079%$20.7M$99.9M50xas long as short
Gate MSTR_USDT0.0000%8h165.06−0.037%$4.6M$18.6M50xas long as short
Phemex MSTRUSDT0.0000%4h165.14+0.012%$2.8M$71K10xas long as short
Lighter MSTR+0.0032%1h164.96−0.097%$3.5M$1.9M10xas long as short
Extended MSTR_24_5-USD+0.0032%1h164.81−0.185%$595K$1.9M10xas long as short
Injective MSTR/USDC PERP+0.0033%1h169.34+2.555%$8K$26K30xas long as short
Variational Omni MSTR+0.0034%8h165.14+0.012%$1.2M$2.1Mas long as short
Arcus MSTR-USD+0.0040%1h165.10−0.012%$27K$112K10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest MSTR-USD-PERP+0.0046%1h165.07−0.031%$1.7M25xas long as short
Polymarket Perps MSTR-USD+0.0050%1h164.93−0.115%$384K$2.7M10xas long as short
Ondo Perps MSTR-USD.P+0.0050%1h164.94−0.109%$868K$4.2M10xas long as short
QFEX MSTR-USD+0.0060%1h164.98−0.085%$1.4M$7.6M10xas long as short
tradeXYZ xyz:MSTR+0.0061%1h164.87−0.152%$54.9M$36.8M10xas long as short
Pacifica MSTR+0.0100%1h164.92−0.124%$101K$84K10xas long as short
KuCoin MSTRUSDTM+0.0100%8h164.96−0.097%$2.4M$2.7M20xas long as short
ApeX Omni MSTRUSDT+0.0100%1h165.15+0.018%$4K$184K50xas long as short
Orderly PERP_MSTR_USDC_mythos+0.0100%8h165.13+0.006%$3K$8K10xas long as short
Binance MSTRUSDT+0.0101%8h164.97−0.088%$88.4M$618.2M50xas long as short
Aevo MSTR-PERPlong+0.0104%1h165.12long leg$13710x
Paradex MSTR-USD-PERP+0.0139%8h164.97−0.092%$665xas long as short
GRVT MSTR_USDT_Perp+0.0167%8h165.20+0.048%$77K$763K10xas long as short
SoDEX MSTR-USD+0.0172%1h165.11−0.006%$43K$3K10xas long as short
Coinbase International MSTR-PERP-INTX+0.0200%1h164.09−0.624%$1.4M$1.1M10xas long as short
Nado MSTR-PERP+0.0217%1h164.90−0.131%$122K$150K3xas long as short
BloFin MSTR-USDTshort+0.0220%8h165.14+0.012%$1.0M$2.0M20x
RISEx MSTR/USDC+0.0291%1h165.03−0.058%$270K$447K10xas long as short
Phoenix MSTR+0.0336%1h165.09−0.018%$56K$227K10xas long as short
Bybit MSTRUSDT+0.0338%8h165.03−0.055%$17.2M$40.7M50xas long as short
edgeX MSTRUSDC+0.0473%4h165.16+0.025%$50K$5.4M10xas long as short
Deribit MSTR_USDC-PERPETUAL+0.0598%1h165.17+0.030%$281K$438K10xas long as short