Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h −0.001%
Price spread now: Pacifica against Aevo+0.119%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
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Pacifica is 0.119% dearer against Aevo than usual: you sell high and buy low, +$12 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 | Aevo MSTR-PERP | 164.40 | 0.0104 | pay 0.0013% / 1h | 41m 50s | $136 | — | 10x |
| Short | Pacifica MSTR | 164.60 | 0.0100 | get 0.0013% / 1h | 41m 50s | $102K | $85K | 10x |
Aevo MSTR-PERP
Pacifica MSTRFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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: +0.119% → 0.000%
- $11.94
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$12.9
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; Pacifica: live order book, 26 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 Pacifica live order book, 26 min ago | 0.78 bp | 10.7 bp −$11 | doesn't fit | doesn't fit | 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 MSTRUSDT | −0.0579% | 8h | 164.56 | +0.097% | $27.1M | $115.7M | 25x | as long as short |
| Gate MSTR_USDT | −0.0332% | 8h | 164.39 | −0.007% | $4.6M | $18.8M | 50x | as long as short |
| Aster MSTRUSDT | 0.0000% | 8h | 164.41 | +0.007% | $1.2M | $6.1M | 50x | as long as short |
| OKX MSTR-USDT-SWAP | 0.0000% | 8h | 164.46 | +0.036% | $21.1M | $100.3M | 50x | as long as short |
| RISEx MSTR/USDC | 0.0000% | 1h | 164.50 | +0.060% | $269K | $436K | 10x | as long as short |
| Variational Omni MSTR | 0.0000% | 8h | 164.99 | +0.361% | $1.2M | $2.0M | — | as long as short |
| GRVT MSTR_USDT_Perp | 0.0000% | 8h | 164.86 | +0.279% | $76K | $810K | 10x | as long as short |
| Phemex MSTRUSDT | 0.0000% | 4h | 165.02 | +0.376% | $2.8M | $67K | 10x | as long as short |
| Binance MSTRUSDT | +0.0007% | 8h | 164.48 | +0.047% | $86.9M | $625.1M | 50x | as long as short |
| BloFin MSTR-USDT | +0.0011% | 8h | 165.55 | +0.699% | $1.1M | $1.9M | 20x | as long as short |
Bitget MSTRUSDT
Gate MSTR_USDT
Aster MSTRUSDT
OKX MSTR-USDT-SWAP
RISEx MSTR/USDC
Variational Omni MSTR
GRVT MSTR_USDT_Perp
Phemex MSTRUSDT
Binance MSTRUSDT
BloFin MSTR-USDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended MSTR_24_5-USD | +0.0032% | 1h | 164.25 | −0.095% | $565K | $1.9M | 10x | as long as short |
| Arcus MSTR-USD | +0.0040% | 1h | 165.06 | +0.401% | $27K | $113K | 10x | as long as short |
| Vest MSTR-USD-PERP | +0.0046% | 1h | 164.37 | −0.019% | — | $1.8M | 25x | as long as short |
| SoDEX MSTR-USD | +0.0050% | 1h | 164.49 | +0.054% | $43K | $3K | 10x | as long as short |
| Ondo Perps MSTR-USD.P | +0.0050% | 1h | 164.77 | +0.224% | $799K | $4.8M | 10x | as long as short |
| QFEX MSTR-USD | +0.0064% | 1h | 164.52 | +0.072% | $1.4M | $8.5M | 10x | as long as short |
| Pacifica MSTRshort | +0.0100% | 1h | 164.60 | +0.119% | $102K | $85K | 10x | |
| KuCoin MSTRUSDTM | +0.0100% | 8h | 164.31 | −0.055% | $2.4M | $2.7M | 20x | as long as short |
| ApeX Omni MSTRUSDT | +0.0100% | 1h | 164.86 | +0.279% | $4K | $204K | 50x | as long as short |
| Orderly PERP_MSTR_USDC_mythos | +0.0100% | 8h | 164.41 | +0.005% | $3K | $7K | 10x | as long as short |
| Aevo MSTR-PERPlong | +0.0104% | 1h | 164.40 | long leg | $136 | — | 10x | |
| Polymarket Perps MSTR-USD | +0.0121% | 1h | 164.47 | +0.042% | $384K | $2.7M | 10x | as long as short |
| Lighter MSTR | +0.0152% | 1h | 164.35 | −0.031% | $3.5M | $1.9M | 10x | as long as short |
| Paradex MSTR-USD-PERP | +0.0158% | 8h | 164.49 | +0.055% | $66 | — | 5x | as long as short |
| Coinbase International MSTR-PERP-INTX | +0.0168% | 1h | 164.67 | +0.164% | $1.4M | $1.1M | 10x | as long as short |
| Injective MSTR/USDC PERP | +0.0341% | 1h | 169.34 | +3.004% | $8K | $26K | 30x | as long as short |
| tradeXYZ xyz:MSTR | +0.0370% | 1h | 164.40 | −0.001% | $55.5M | $36.5M | 10x | as long as short |
| Phoenix MSTR | +0.0381% | 1h | 164.96 | +0.337% | $55K | $219K | 10x | as long as short |
| edgeX MSTRUSDC | +0.0389% | 4h | 165.28 | +0.537% | $47K | $5.5M | 10x | as long as short |
| Nado MSTR-PERP | +0.0418% | 1h | 164.27 | −0.080% | $130K | $132K | 3x | as long as short |
| Bybit MSTRUSDT | +0.0435% | 8h | 164.50 | +0.060% | $17.2M | $41.2M | 50x | as long as short |
| Deribit MSTR_USDC-PERPETUAL | +0.1090% | 1h | 164.43 | +0.018% | $280K | $438K | 10x | as long as short |
Extended MSTR_24_5-USD
Arcus MSTR-USD
Vest MSTR-USD-PERP
SoDEX MSTR-USD
Ondo Perps MSTR-USD.P
QFEX MSTR-USD
KuCoin MSTRUSDTM
ApeX Omni MSTRUSDT
Orderly PERP_MSTR_USDC_mythos
Polymarket Perps MSTR-USD
Lighter MSTR
Paradex MSTR-USD-PERP
Coinbase International MSTR-PERP-INTX
Injective MSTR/USDC PERP
tradeXYZ xyz:MSTR
Phoenix MSTR
edgeX MSTRUSDC
Nado MSTR-PERP
Bybit MSTRUSDT
Deribit MSTR_USDC-PERPETUAL