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

MSTR

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0627%/8h= +68.6% APRpaid last 24h +0.159%
Price spread now: edgeX against Aevo+0.015%72s7-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 fees+ Points / potential airdropedgeX: Active · farm boardneeds 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: +$19 a day on $10k at the current rate. The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo MSTR-PERP164.450.0104pay 0.0013% / 1h14m 10s$13610x
ShortedgeX MSTRUSDC164.470.0731get 0.0365% / 4h14m 10s$49K$5.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$131.64
Price spread: +0.015% → 0.000%
$1.53
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$108.18
Costs to cover
0.250%
Break-even
1.2 days
Slippage unknown: Aevo: no order-book sample; edgeX: 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 edgeX live order book, 5 min ago5.78 bp10.9 bp −$1118.2 bp −$182doesn't fitdoesn'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−0.0944%8h164.60+0.093%$27.8M$115.1M25xas long as short
Aster MSTRUSDT0.0000%8h164.46+0.008%$1.8M$8.5M50xas long as short
Gate MSTR_USDT0.0000%8h164.48+0.020%$4.6M$18.8M50xas long as short
Phemex MSTRUSDT0.0000%4h164.45+0.002%$2.8M$74K10xas long as short
OKX MSTR-USDT-SWAP+0.0009%8h164.46+0.008%$20.6M$99.5M50xas long as short
Lighter MSTR+0.0032%1h164.37−0.047%$3.5M$1.9M10xas long as short
Extended MSTR_24_5-USD+0.0032%1h164.27−0.108%$595K$1.9M10xas long as short
Injective MSTR/USDC PERP+0.0033%1h169.34+2.975%$8K$26K30xas long as short
RISEx MSTR/USDC+0.0034%1h164.50+0.032%$267K$448K10xas long as short
Arcus MSTR-USD+0.0040%1h164.52+0.044%$26K$109K10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest MSTR-USD-PERP+0.0046%1h164.33−0.071%$1.7M25xas long as short
Polymarket Perps MSTR-USD+0.0050%1h164.41−0.023%$380K$2.7M10xas long as short
SoDEX MSTR-USD+0.0050%1h164.43−0.011%$43K$3K10xas long as short
Ondo Perps MSTR-USD.P+0.0050%1h164.28−0.102%$856K$3.9M10xas long as short
QFEX MSTR-USD+0.0054%1h164.48+0.020%$1.4M$7.4M10xas long as short
Variational Omni MSTR+0.0077%8h164.39−0.037%$1.2M$2.1Mas long as short
Pacifica MSTR+0.0100%1h164.450.000%$101K$83K10xas long as short
KuCoin MSTRUSDTM+0.0100%8h164.38−0.041%$2.4M$2.7M20xas long as short
ApeX Omni MSTRUSDT+0.0100%1h164.38−0.041%$6K$186K50xas long as short
Orderly PERP_MSTR_USDC_mythos+0.0100%8h164.44−0.005%$3K$8K10xas long as short
Aevo MSTR-PERPlong+0.0104%1h164.45long leg$13610x
Paradex MSTR-USD-PERP+0.0133%8h164.48+0.017%$665xas long as short
Binance MSTRUSDT+0.0140%8h164.47+0.014%$87.3M$615.9M50xas long as short
GRVT MSTR_USDT_Perp+0.0160%8h164.59+0.086%$76K$780K10xas long as short
Coinbase International MSTR-PERP-INTX+0.0168%1h164.12−0.199%$1.4M$1.1M10xas long as short
Phoenix MSTR+0.0213%1h164.27−0.107%$56K$226K10xas long as short
tradeXYZ xyz:MSTR+0.0227%1h164.38−0.041%$54.8M$37.0M10xas long as short
Nado MSTR-PERP+0.0241%1h164.39−0.034%$121K$148K3xas long as short
BloFin MSTR-USDT+0.0260%8h164.48+0.020%$1.0M$2.0M20xas long as short
Bybit MSTRUSDT+0.0350%8h164.49+0.026%$17.0M$40.8M50xas long as short
Deribit MSTR_USDC-PERPETUAL+0.0602%1h164.46+0.008%$280K$438K10xas long as short
edgeX MSTRUSDCshort+0.0731%4h164.47+0.015%$49K$5.4M10x