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 16:00 UTC+0.0021%/8h
next payment, per $10,000+$0.21paid, last 24h−0.025%paid, last 3 days+0.077%to open and close $10k−$26
Long on BinanceShort on Aster
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance MSTRUSDT167.420.0384pay 0.0384% / 8h45m 30s$89.5M$529.2M50x
ShortAster MSTRUSDT167.590.0405get 0.0405% / 8h45m 30s$1.3M$5.9M50x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
$4.45
Slippage, 4 orders
−$7.54
Fee Binance: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$21.09
Break-even
40.2 days
Slippage from Binance: live order book, 15 min ago; Aster: live order book, 5 min ago.

Price risk

price view
Price gap now
+0.103%
Avg gap 7d
−0.047%
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 Binance live order book, 15 min ago0.30 bp6.2 bp −$610.7 bp −$10732.1 bp −$3,206120.9 bp −$60.4K
Sell Aster live order book, 5 min ago0.60 bp6.8 bp −$735.2 bp −$352doesn't fitdoesn't fit

MSTR on 31 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Gate MSTR_USDT0.0000%8h$5.0M$18.5M50xas long as short
Phemex MSTRUSDT0.0000%4h$2.8M$35K10xas long as short
Injective MSTR/USDC PERP+0.0033%1h$12K$97K30xas long as short
Vest MSTR-USD-PERP+0.0046%1h—$1.6M25xas long as short
SoDEX MSTR-USD+0.0050%1h$44K$3K10xas long as short
Ondo Perps MSTR-USD.P+0.0050%1h$917K$4.6M10xas long as short
QFEX MSTR-USD+0.0057%1h$1.3M$9.1M10xas long as short
Extended MSTR_24_5-USD+0.0080%1h$510K$2.3M10xas long as short
Nado MSTR-PERP+0.0090%1h$128K$263K3xas long as short
Pacifica MSTR+0.0100%1h$102K$167K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
ApeX Omni MSTRUSDT+0.0100%1h$133K$2.2M50xas long as short
Orderly PERP_MSTR_USDC_mythos+0.0100%8h$3K$14K10xas long as short
Polymarket Perps MSTR-USD+0.0102%1h$410K$2.1M10xas long as short
Aevo MSTR-PERP+0.0104%1h$139—10xas long as short
Coinbase International MSTR-PERP-INTX+0.0112%1h$1.5M$1.2M10xas long as short
Paradex MSTR-USD-PERP+0.0132%8h$67—5xas long as short
KuCoin MSTRUSDTM+0.0176%8h$2.6M$2.6M20xas long as short
Lighter MSTR+0.0176%1h$3.6M$2.9M10xas long as short
Phoenix MSTR+0.0216%1h$54K$364K10xas long as short
Bybit MSTRUSDT+0.0234%8h$15.8M$42.9M50xas long as short
tradeXYZ xyz:MSTR+0.0263%1h$57.2M$31.7M10xas long as short
Variational Omni MSTR+0.0317%8h$1.3M$2.2M—as long as short
OKX MSTR-USDT-SWAP+0.0332%8h$22.3M$100.7M50xas long as short
Bitget MSTRUSDT+0.0379%8h$28.8M$109.7M25xas long as short
Binance MSTRUSDTlong+0.0384%8h$89.5M$529.2M50x
Aster MSTRUSDTshort+0.0405%8h$1.3M$5.9M50x
RISEx MSTR/USDC+0.0486%1h$306K$458K10xas long as short
BloFin MSTR-USDT+0.0507%8h$1.1M$1.4M20xas long as short
edgeX MSTRUSDC+0.0607%4h$62K$4.6M10xas long as short
Arcus MSTR-USD+0.0705%1h$26K$123K10xas long as short
Deribit MSTR_USDC-PERPETUAL+0.0765%1h$285K$456K10xas long as short