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

MSTR

RWAall MSTR markets
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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 08:00 UTC+0.0114%/8h= +12.5% APRnext payment +$1.14 per $10,000 · paid last 24h +0.003%
Price spread now: OKX against Aster+0.085%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$280.282% of the position
Long on AsterShort on OKX
What this pair did over the last
the charts below follow
Funding, last 7 days+0.110%+$11 on $10k
Price spread, last 7 days+0.004%$0 · spread now +0.085%, 7d avg +0.022%
Together, before fees+0.114%+ Points / potential airdropAster: Stage 5 · farm board+$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and OKX is 0.063% dearer against Aster than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.022%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster MSTRUSDT163.720.0050pay 0.0050% / 8h1h 20m$1.8M$8.7M50x
ShortOKX MSTR-USDT-SWAP163.860.0165get 0.0165% / 8h1h 20m$20.8M$100.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Aster. 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
$24
Price spread: +0.085% → +0.022%
$6.35
Slippage, 4 orders
−$10.25
Fee Aster: 4 bp × 2 orders
−$8
Fee OKX: 5 bp × 2 orders
−$10
Net
$2.11
Costs to cover
0.282%
Break-even
6.4 days
Slippage from Aster: live order book, 3 min ago; OKX: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 3 min ago2.14 bp9.2 bp −$9178.6 bp −$1,786doesn't fitdoesn't fit
Sell OKX live order book, 3 min ago0.31 bp6.5 bp −$613.0 bp −$13075.4 bp −$7,543doesn't fit

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−0.0837%8h163.95+0.140%$29.0M$118.8M25xas long as short
Gate MSTR_USDT0.0000%8h163.86+0.085%$4.7M$19.7M50xas long as short
Phemex MSTRUSDT0.0000%4h163.83+0.067%$2.8M$79K10xas long as short
Extended MSTR_24_5-USD+0.0032%1h163.69−0.015%$511K$2.0M10xas long as short
Injective MSTR/USDC PERP+0.0033%1h169.34+3.432%$8K$26K30xas long as short
Arcus MSTR-USD+0.0040%1h163.60−0.074%$26K$113K10xas long as short
Vest MSTR-USD-PERP+0.0046%1h163.61−0.067%—$1.8M25xas long as short
Polymarket Perps MSTR-USD+0.0050%1h163.69−0.019%$379K$2.7M10xas long as short
Ondo Perps MSTR-USD.P+0.0050%1h163.64−0.049%$840K$3.9M10xas long as short
Aster MSTRUSDTlong+0.0050%8h163.72long leg$1.8M$8.7M50x
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX MSTR-USD+0.0057%1h163.80+0.049%$1.3M$7.2M10xas long as short
Pacifica MSTR+0.0100%1h163.80+0.050%$100K$83K10xas long as short
KuCoin MSTRUSDTM+0.0100%8h163.69−0.019%$2.4M$2.7M20xas long as short
ApeX Omni MSTRUSDT+0.0100%1h163.29−0.263%$5K$182K50xas long as short
Orderly PERP_MSTR_USDC_mythos+0.0100%8h163.80+0.049%$2K$13K10xas long as short
SoDEX MSTR-USD+0.0102%1h163.69−0.019%$43K$3K10xas long as short
Aevo MSTR-PERP+0.0104%1h163.78+0.036%$136—10xas long as short
Lighter MSTR+0.0144%1h163.81+0.055%$3.5M$2.0M10xas long as short
Coinbase International MSTR-PERP-INTX+0.0152%1h161.52−1.344%$1.4M$1.1M10xas long as short
OKX MSTR-USDT-SWAPshort+0.0165%8h163.86+0.085%$20.8M$100.7M50x
Variational Omni MSTR+0.0166%8h163.76+0.022%$1.2M$2.1M—as long as short
Paradex MSTR-USD-PERP+0.0173%8h163.84+0.073%$66—5xas long as short
Binance MSTRUSDT+0.0250%8h163.86+0.085%$84.1M$627.3M50xas long as short
GRVT MSTR_USDT_Perp+0.0259%8h163.42−0.183%$83K$878K10xas long as short
tradeXYZ xyz:MSTR+0.0259%1h163.77+0.030%$54.3M$37.2M10xas long as short
Phoenix MSTR+0.0328%1h163.43−0.177%$55K$223K10xas long as short
Nado MSTR-PERP+0.0361%1h163.49−0.141%$131K$157K3xas long as short
BloFin MSTR-USDT+0.0365%8h163.80+0.049%$1.0M$2.1M20xas long as short
RISEx MSTR/USDC+0.0381%1h163.78+0.036%$265K$428K10xas long as short
Bybit MSTRUSDT+0.0391%8h163.89+0.104%$16.9M$41.8M50xas long as short
edgeX MSTRUSDC+0.0831%4h163.42−0.182%$46K$5.4M10xas long as short
Deribit MSTR_USDC-PERPETUAL+0.1463%1h163.75+0.018%$278K$437K10xas long as short