Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Orderly against Aevo+0.015%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
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo MSTR-PERP | 164.82 | 0.0104 | pay 0.0013% / 1h | 15m 18s | $137 | — | 10x |
| Short | Orderly PERP_MSTR_USDC_mythos | 164.84 | 0.0100 | get 0.0100% / 8h | 6h 15m | $3K | $8K | 10x |
Aevo MSTR-PERP
Orderly PERP_MSTR_USDC_mythosFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$0.84
- Price spread: +0.015% → 0.000%
- $1.5
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$21.34
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; Orderly: 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 Aevo no order-book sample | — | — | — | — | — |
| Sell Orderly no order-book sample | — | — | — | — | — |
Aevo and Orderly: 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 31 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 | −0.1079% | 8h | 164.96 | +0.088% | $27.6M | $115.7M | 25x | as long as short |
| Gate MSTR_USDT | −0.0182% | 8h | 164.83 | +0.009% | $4.6M | $19.1M | 50x | as long as short |
| Aster MSTRUSDT | 0.0000% | 8h | 164.86 | +0.026% | $1.2M | $6.1M | 50x | as long as short |
| OKX MSTR-USDT-SWAP | 0.0000% | 8h | 164.83 | +0.009% | $20.9M | $100.9M | 50x | as long as short |
| RISEx MSTR/USDC | 0.0000% | 1h | 164.82 | +0.006% | $270K | $447K | 10x | as long as short |
| Phemex MSTRUSDT | 0.0000% | 4h | 164.91 | +0.058% | $2.8M | $68K | 10x | as long as short |
| Variational Omni MSTR | +0.0002% | 8h | 164.84 | +0.018% | $1.2M | $2.1M | — | as long as short |
| Extended MSTR_24_5-USD | +0.0032% | 1h | 164.69 | −0.076% | $596K | $2.0M | 10x | as long as short |
| Arcus MSTR-USD | +0.0040% | 1h | 164.86 | +0.027% | $27K | $113K | 10x | as long as short |
| Vest MSTR-USD-PERP | +0.0046% | 1h | 164.83 | +0.009% | — | $1.8M | 25x | as long as short |
Bitget MSTRUSDT
Gate MSTR_USDT
Aster MSTRUSDT
OKX MSTR-USDT-SWAP
RISEx MSTR/USDC
Phemex MSTRUSDT
Variational Omni MSTR
Extended MSTR_24_5-USD
Arcus MSTR-USD
Vest MSTR-USD-PERPShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps MSTR-USD.P | +0.0050% | 1h | 164.90 | +0.051% | $910K | $4.5M | 10x | as long as short |
| SoDEX MSTR-USD | +0.0054% | 1h | 164.82 | +0.003% | $43K | $3K | 10x | as long as short |
| Lighter MSTR | +0.0064% | 1h | 164.73 | −0.052% | $3.5M | $1.9M | 10x | as long as short |
| QFEX MSTR-USD | +0.0064% | 1h | 164.83 | +0.009% | $1.4M | $8.1M | 10x | as long as short |
| Binance MSTRUSDT | +0.0071% | 8h | 164.85 | +0.021% | $87.9M | $623.9M | 50x | as long as short |
| Polymarket Perps MSTR-USD | +0.0077% | 1h | 164.78 | −0.021% | $385K | $2.7M | 10x | as long as short |
| Pacifica MSTR | +0.0100% | 1h | 164.77 | −0.027% | $101K | $89K | 10x | as long as short |
| KuCoin MSTRUSDTM | +0.0100% | 8h | 164.71 | −0.064% | $2.4M | $2.7M | 20x | as long as short |
| ApeX Omni MSTRUSDT | +0.0100% | 1h | 164.53 | −0.173% | $4K | $188K | 50x | as long as short |
| Orderly PERP_MSTR_USDC_mythosshort | +0.0100% | 8h | 164.84 | +0.015% | $3K | $8K | 10x | |
| Aevo MSTR-PERPlong | +0.0104% | 1h | 164.82 | long leg | $137 | — | 10x | |
| GRVT MSTR_USDT_Perp | +0.0154% | 8h | 164.68 | −0.085% | $79K | $760K | 10x | as long as short |
| Coinbase International MSTR-PERP-INTX | +0.0168% | 1h | 164.40 | −0.252% | $1.4M | $1.1M | 10x | as long as short |
| Paradex MSTR-USD-PERP | +0.0172% | 8h | 164.75 | −0.041% | $66 | — | 5x | as long as short |
| tradeXYZ xyz:MSTR | +0.0228% | 1h | 164.75 | −0.040% | $55.2M | $36.9M | 10x | as long as short |
| edgeX MSTRUSDC | +0.0315% | 4h | 164.58 | −0.140% | $48K | $5.5M | 10x | as long as short |
| Injective MSTR/USDC PERP | +0.0341% | 1h | 169.34 | +2.745% | $8K | $26K | 30x | as long as short |
| Nado MSTR-PERP | +0.0359% | 1h | 164.69 | −0.076% | $122K | $150K | 3x | as long as short |
| Phoenix MSTR | +0.0381% | 1h | 164.92 | +0.065% | $55K | $219K | 10x | as long as short |
| Bybit MSTRUSDT | +0.0382% | 8h | 164.87 | +0.033% | $17.1M | $41.2M | 50x | as long as short |
| Deribit MSTR_USDC-PERPETUAL | +0.0661% | 1h | 164.87 | +0.033% | $280K | $438K | 10x | as long as short |
Ondo Perps MSTR-USD.P
SoDEX MSTR-USD
Lighter MSTR
QFEX MSTR-USD
Binance MSTRUSDT
Polymarket Perps MSTR-USD
Pacifica MSTR
KuCoin MSTRUSDTM
ApeX Omni MSTRUSDT
GRVT MSTR_USDT_Perp
Coinbase International MSTR-PERP-INTX
Paradex MSTR-USD-PERP
tradeXYZ xyz:MSTR
edgeX MSTRUSDC
Injective MSTR/USDC PERP
Nado MSTR-PERP
Phoenix MSTR
Bybit MSTRUSDT
Deribit MSTR_USDC-PERPETUAL