data as of
Settings8H · net · $10k
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Funding arb /

MSTR

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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding spread now, next payment 17:00 UTC−0.0612%/8h
paid, last 24h+0.048%paid, last 3 days+0.352%to open and close $10k−$56
Long on ArcusShort on Gate
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus MSTR-USD166.300.0612pay 0.0077% / 1h52m 18s$26K$126K10x
ShortGate MSTR_USDT166.590get 0.0000% / 8h7h 52m$4.8M$18.6M50x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
−$128.56
Slippage, 4 orders
−$36.28
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$184.34
Break-even
never at this rate
Slippage from Arcus: live order book, 28 min ago; Gate: live order book, 3 min ago.

Price risk

price view
Price gap now
+0.174%
Avg gap 7d
−0.006%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Arcus live order book, 28 min ago5.41 bp12.2 bp −$1242.5 bp −$425doesn't fitdoesn't fit
Sell Gate live order book, 3 min ago3.00 bp22.4 bp −$2227.2 bp −$272doesn't fitdoesn't fit

MSTR on 31 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Gate MSTR_USDTshort0.0000%8h$4.8M$18.6M50x
Phemex MSTRUSDT0.0000%4h$2.8M$38K10xas long as short
Extended MSTR_24_5-USD+0.0032%1h$499K$2.2M10xas long as short
QFEX MSTR-USD+0.0041%1h$1.3M$9.2M10xas long as short
Vest MSTR-USD-PERP+0.0046%1h—$1.7M25xas long as short
Polymarket Perps MSTR-USD+0.0050%1h$416K$2.2M10xas long as short
SoDEX MSTR-USD+0.0050%1h$44K$3K10xas long as short
Ondo Perps MSTR-USD.P+0.0050%1h$885K$4.5M10xas long as short
Pacifica MSTR+0.0100%1h$102K$153K10xas long as short
KuCoin MSTRUSDTM+0.0100%8h$2.6M$2.6M20xas long as short
Show all 31 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
ApeX Omni MSTRUSDT+0.0100%1h$130K$1.9M50xas long as short
Orderly PERP_MSTR_USDC_mythos+0.0100%8h$3K$12K10xas long as short
Lighter MSTR+0.0104%1h$3.6M$2.8M10xas long as short
Aevo MSTR-PERP+0.0104%1h$138—10xas long as short
Paradex MSTR-USD-PERP+0.0107%8h$66—5xas long as short
Coinbase International MSTR-PERP-INTX+0.0112%1h$1.5M$1.2M10xas long as short
Nado MSTR-PERP+0.0153%1h$125K$257K3xas long as short
Bybit MSTRUSDT+0.0191%8h$15.5M$43.4M50xas long as short
tradeXYZ xyz:MSTR+0.0201%1h$56.9M$31.3M10xas long as short
edgeX MSTRUSDC+0.0207%4h$44K$4.9M10xas long as short
Phoenix MSTR+0.0226%1h$54K$380K10xas long as short
Variational Omni MSTR+0.0246%8h$1.3M$2.2M—as long as short
OKX MSTR-USDT-SWAP+0.0268%8h$22.4M$101.7M50xas long as short
RISEx MSTR/USDC+0.0277%1h$292K$477K10xas long as short
Aster MSTRUSDT+0.0305%8h$1.3M$6.0M50xas long as short
Binance MSTRUSDT+0.0310%8h$90.0M$555.3M50xas long as short
Injective MSTR/USDC PERP+0.0312%1h$12K$93K30xas long as short
Bitget MSTRUSDT+0.0320%8h$29.1M$111.3M25xas long as short
BloFin MSTR-USDT+0.0430%8h$1.1M$1.4M20xas long as short
Arcus MSTR-USDlong+0.0612%1h$26K$126K10x
Deribit MSTR_USDC-PERPETUAL+0.1131%1h$283K$453K10xas long as short