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 19:00 UTC−0.0459%/8h
next payment, per $10,000−$0.57paid, last 24h−0.011%paid, last 3 days+0.242%to open and close $10k−$45
Long on ArcusShort on tradeXYZ
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus MSTR-USD166.680.0553pay 0.0069% / 1h2m 53s$27K$125K10x
ShorttradeXYZ xyz:MSTR166.440.0094get 0.0012% / 1h2m 53s$56.5M$34.0M10x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
−$96.31
Slippage, 4 orders
−$22.12
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$140.92
Break-even
never at this rate
Slippage from Arcus: live order book, 2 min ago; tradeXYZ: live order book, 8 min ago.

Price risk

price view
Price gap now
−0.144%
Avg gap 7d
−0.056%
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, 2 min ago6.32 bp12.4 bp −$1243.1 bp −$431doesn't fitdoesn't fit
Sell tradeXYZ live order book, 8 min ago0.60 bp10.5 bp −$1112.5 bp −$125doesn't fitdoesn't fit

MSTR on 31 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
RISEx MSTR/USDC0.0000%1h$289K$471K10xas long as short
Gate MSTR_USDT0.0000%8h$4.8M$18.8M50xas long as short
Phemex MSTRUSDT0.0000%4h$2.8M$47K10xas long as short
Nado MSTR-PERP+0.0020%1h$124K$218K3xas long as short
Lighter MSTR+0.0032%1h$3.5M$2.6M10xas long as short
Extended MSTR_24_5-USD+0.0032%1h$577K$2.1M10xas long as short
Vest MSTR-USD-PERP+0.0046%1h—$1.9M25xas long as short
Polymarket Perps MSTR-USD+0.0050%1h$406K$2.4M10xas long as short
SoDEX MSTR-USD+0.0050%1h$44K$3K10xas long as short
Ondo Perps MSTR-USD.P+0.0050%1h$776K$4.7M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
QFEX MSTR-USD+0.0065%1h$1.4M$9.8M10xas long as short
Variational Omni MSTR+0.0075%8h$1.2M$2.4M—as long as short
Paradex MSTR-USD-PERP+0.0076%8h$67—5xas long as short
tradeXYZ xyz:MSTRshort+0.0094%1h$56.5M$34.0M10x
Pacifica MSTR+0.0100%1h$102K$152K10xas long as short
KuCoin MSTRUSDTM+0.0100%8h$2.6M$2.7M20xas long as short
ApeX Omni MSTRUSDT+0.0100%1h$4K$1.4M50xas long as short
Orderly PERP_MSTR_USDC_mythos+0.0100%8h$3K$12K10xas long as short
Aevo MSTR-PERP+0.0104%1h$138—10xas long as short
Coinbase International MSTR-PERP-INTX+0.0104%1h$1.4M$1.1M10xas long as short
OKX MSTR-USDT-SWAP+0.0109%8h$22.2M$102.7M50xas long as short
Aster MSTRUSDT+0.0124%8h$1.3M$6.1M50xas long as short
Binance MSTRUSDT+0.0138%8h$87.5M$600.4M50xas long as short
edgeX MSTRUSDC+0.0159%4h$45K$5.2M10xas long as short
Injective MSTR/USDC PERP+0.0188%1h$12K$48K30xas long as short
Bitget MSTRUSDT+0.0221%8h$28.5M$113.2M25xas long as short
Phoenix MSTR+0.0237%1h$55K$384K10xas long as short
BloFin MSTR-USDT+0.0258%8h$1.1M$1.6M20xas long as short
Bybit MSTRUSDT+0.0291%8h$15.5M$40.2M50xas long as short
Deribit MSTR_USDC-PERPETUAL+0.0411%1h$283K$439K10xas long as short
Arcus MSTR-USDlong+0.0553%1h$27K$125K10x