MSTR

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0048%/8h= −5.3% APRnext payment −$0.06 per $10,000 · paid last 24h +0.001%

Price spread now: Aevo against Coinbase International+0.990%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Coinbase International Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Aevo is 0.990% dearer against Coinbase International than usual: you sell high and buy low (spread +0.990% now, against zero (this spread has no 7-day history yet)): +$99 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International MSTR-PERP-INTX	161.52	0.0152	pay 0.0019% / 1h	26m 54s	$1.4M	$1.1M	10x
Short	Aevo MSTR-PERP	163.12	0.0104	get 0.0013% / 1h	26m 54s	$135	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Coinbase International. 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

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee AevobpOrdersPrice spread, now +0.990%Rate

Funding earned: −$10.08
Price spread: +0.990% → 0.000%: $99.01
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Aevo: 8 bp × 2 orders: −$16
Net: $62.93
Costs to cover: 0.260%
Break-even: from the start

Slippage unknown: Coinbase International: live order book, 2 min ago; Aevo: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Coinbase International live order book, 2 min ago	3.99 bp	9.8 bp −$10	14.8 bp −$148	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

MSTR on 32 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget MSTRUSDT	−0.0940%	8h	163.35	+1.133%	$28.8M	$118.7M	25x	as long as short
Gate MSTR_USDT	0.0000%	8h	163.17	+1.022%	$4.7M	$19.6M	50x	as long as short
Phemex MSTRUSDT	0.0000%	4h	163.07	+0.960%	$2.7M	$79K	10x	as long as short
Extended MSTR_24_5-USD	+0.0032%	1h	162.99	+0.907%	$508K	$2.0M	10x	as long as short
Injective MSTR/USDC PERP	+0.0033%	1h	169.34	+4.842%	$8K	$26K	30x	as long as short
Aster MSTRUSDT	+0.0036%	8h	163.09	+0.974%	$1.8M	$8.7M	50x	as long as short
Arcus MSTR-USD	+0.0040%	1h	162.92	+0.867%	$26K	$113K	10x	as long as short
Vest MSTR-USD-PERP	+0.0046%	1h	162.69	+0.724%	—	$1.8M	25x	as long as short
Polymarket Perps MSTR-USD	+0.0050%	1h	162.97	+0.898%	$377K	$2.7M	10x	as long as short
SoDEX MSTR-USD	+0.0050%	1h	163.07	+0.960%	$43K	$3K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps MSTR-USD.P	+0.0050%	1h	162.82	+0.805%	$849K	$3.9M	10x	as long as short
QFEX MSTR-USD	+0.0057%	1h	163.04	+0.941%	$1.3M	$7.2M	10x	as long as short
Pacifica MSTR	+0.0100%	1h	163.05	+0.950%	$100K	$83K	10x	as long as short
KuCoin MSTRUSDTM	+0.0100%	8h	163.00	+0.916%	$2.4M	$2.7M	20x	as long as short
ApeX Omni MSTRUSDT	+0.0100%	1h	162.70	+0.731%	$5K	$182K	50x	as long as short
Orderly PERP_MSTR_USDC_mythos	+0.0100%	8h	163.18	+1.028%	$2K	$13K	10x	as long as short
Aevo MSTR-PERPshort	+0.0104%	1h	163.12	+0.990%	$135	—	10x
OKX MSTR-USDT-SWAP	+0.0150%	8h	163.15	+1.009%	$20.7M	$100.3M	50x	as long as short
Variational Omni MSTR	+0.0151%	8h	162.75	+0.759%	$1.2M	$2.1M	—	as long as short
Lighter MSTR	+0.0152%	1h	163.06	+0.953%	$3.5M	$2.0M	10x	as long as short
Coinbase International MSTR-PERP-INTXlong	+0.0152%	1h	161.52	long leg	$1.4M	$1.1M	10x
Paradex MSTR-USD-PERP	+0.0166%	8h	163.01	+0.925%	$65	—	5x	as long as short
Binance MSTRUSDT	+0.0232%	8h	163.18	+1.028%	$83.9M	$627.5M	50x	as long as short
GRVT MSTR_USDT_Perp	+0.0242%	8h	162.87	+0.836%	$77K	$878K	10x	as long as short
tradeXYZ xyz:MSTR	+0.0278%	1h	163.03	+0.935%	$54.1M	$37.4M	10x	as long as short
Phoenix MSTR	+0.0328%	1h	162.77	+0.775%	$55K	$223K	10x	as long as short
BloFin MSTR-USDT	+0.0352%	8h	163.17	+1.022%	$1.0M	$2.1M	20x	as long as short
Nado MSTR-PERP	+0.0354%	1h	162.89	+0.848%	$130K	$157K	3x	as long as short
RISEx MSTR/USDC	+0.0381%	1h	163.12	+0.991%	$264K	$428K	10x	as long as short
Bybit MSTRUSDT	+0.0385%	8h	163.16	+1.015%	$16.8M	$41.8M	50x	as long as short
edgeX MSTRUSDC	+0.0496%	4h	162.92	+0.864%	$46K	$5.4M	10x	as long as short
Deribit MSTR_USDC-PERPETUAL	+0.1039%	1h	163.12	+0.991%	$277K	$437K	10x	as long as short