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

MSTR

RWAall MSTR markets
SwapPrice view
Alert
Measured
My alerts

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 18:00 UTC+0.0343%/8h
paid, last 24h+0.146%paid, last 3 days+0.512%to open and close $10k−$33
Long on BinanceShort on Deribit
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance MSTRUSDT166.670.0248pay 0.0248% / 8h6h 55m$90.9M$567.4M50x
ShortDeribit MSTR_USDC-PERPETUAL166.720.0590get 0.0074% / 1h55m 52s$283K$455K10x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
$71.98
Slippage, 4 orders
−$15.93
Fee Binance: 5 bp × 2 orders
−$10
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$39.05
Break-even
3.2 days
Slippage from Binance: live order book, 4 min ago; Deribit: live order book, 49 min ago.

Price risk

price view
Price gap now
+0.030%
Avg gap 7d
+0.019%
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, 4 min ago0.30 bp5.8 bp −$67.8 bp −$7826.8 bp −$2,67796.5 bp −$48.2K
Sell Deribit live order book, 49 min ago6.93 bp10.4 bp −$1011.7 bp −$117doesn't fitdoesn't fit

MSTR on 31 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Nado MSTR-PERP−0.0038%1h$125K$247K3xas long as short
Gate MSTR_USDT0.0000%8h$4.8M$18.2M50xas long as short
Phemex MSTRUSDT0.0000%4h$2.8M$41K10xas long as short
RISEx MSTR/USDC+0.0017%1h$295K$467K10xas long as short
Lighter MSTR+0.0032%1h$3.6M$2.6M10xas long as short
Extended MSTR_24_5-USD+0.0032%1h$495K$2.1M10xas long as short
QFEX MSTR-USD+0.0041%1h$1.3M$9.4M10xas long as short
Vest MSTR-USD-PERP+0.0046%1h—$1.8M25xas long as short
Polymarket Perps MSTR-USD+0.0050%1h$404K$2.3M10xas long as short
SoDEX MSTR-USD+0.0050%1h$44K$3K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Ondo Perps MSTR-USD.P+0.0050%1h$824K$4.6M10xas long as short
tradeXYZ xyz:MSTR+0.0066%1h$56.6M$32.3M10xas long as short
Paradex MSTR-USD-PERP+0.0081%8h$67—5xas long as short
Pacifica MSTR+0.0100%1h$102K$152K10xas long as short
KuCoin MSTRUSDTM+0.0100%8h$2.5M$2.6M20xas long as short
ApeX Omni MSTRUSDT+0.0100%1h$130K$1.6M50xas 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+0.0112%1h$1.5M$1.1M10xas long as short
Variational Omni MSTR+0.0207%8h$1.3M$2.3M—as long as short
OKX MSTR-USDT-SWAP+0.0210%8h$22.5M$101.6M50xas long as short
Phoenix MSTR+0.0215%1h$55K$379K10xas long as short
Aster MSTRUSDT+0.0248%8h$1.3M$6.0M50xas long as short
Binance MSTRUSDTlong+0.0248%8h$90.9M$567.4M50x
Injective MSTR/USDC PERP+0.0249%1h$12K$68K30xas long as short
Bybit MSTRUSDT+0.0265%8h$15.4M$41.5M50xas long as short
Bitget MSTRUSDT+0.0274%8h$28.7M$111.7M25xas long as short
BloFin MSTR-USDT+0.0369%8h$1.1M$1.5M20xas long as short
Deribit MSTR_USDC-PERPETUALshort+0.0590%1h$283K$455K10x
Arcus MSTR-USD+0.0599%1h$26K$130K10xas long as short
edgeX MSTRUSDC+0.0616%4h$49K$5.0M10xas long as short