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

MSTR

RWAall MSTR markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0072%/8h= +7.9% APRnext payment +$0.09 per $10,000 · paid last 24h +0.014%
Price spread now: Aevo against Extended+0.113%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Aevo is 0.113% dearer against Extended than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended MSTR_24_5-USD162.670.0032pay 0.0004% / 1h29m 05s$508K$2.0M10x
ShortAevo MSTR-PERP162.850.0104get 0.0013% / 1h29m 05s$13510x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Extended. 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
$15.12
Price spread: +0.113% → 0.000%
$11.25
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Aevo: 8 bp × 2 orders
−$16
Net
$5.37
Costs to cover
0.210%
Break-even
4.5 days
Slippage unknown: Extended: live order book, 4 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
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 4 min ago1.23 bp6.2 bp −$625.0 bp −$250doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget MSTRUSDT−0.0949%8h163.09+0.258%$28.7M$118.7M25xas long as short
Gate MSTR_USDT0.0000%8h162.91+0.148%$4.7M$19.6M50xas long as short
Phemex MSTRUSDT0.0000%4h162.88+0.129%$2.7M$78K10xas long as short
Extended MSTR_24_5-USDlong+0.0032%1h162.67long leg$508K$2.0M10x
Aster MSTRUSDT+0.0033%8h162.82+0.094%$1.8M$8.7M50xas long as short
Injective MSTR/USDC PERP+0.0033%1h169.34+4.100%$8K$26K30xas long as short
Arcus MSTR-USD+0.0040%1h162.84+0.105%$26K$113K10xas long as short
Vest MSTR-USD-PERP+0.0046%1h162.55−0.074%$1.8M25xas long as short
Polymarket Perps MSTR-USD+0.0050%1h162.82+0.092%$377K$2.7M10xas long as short
SoDEX MSTR-USD+0.0050%1h162.83+0.098%$43K$3K10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps MSTR-USD.P+0.0050%1h162.57−0.061%$849K$3.9M10xas long as short
QFEX MSTR-USD+0.0057%1h162.90+0.141%$1.3M$7.2M10xas long as short
Pacifica MSTR+0.0100%1h162.95+0.172%$100K$83K10xas long as short
KuCoin MSTRUSDTM+0.0100%8h162.76+0.055%$2.4M$2.7M20xas long as short
ApeX Omni MSTRUSDT+0.0100%1h162.59−0.049%$5K$182K50xas long as short
Orderly PERP_MSTR_USDC_mythos+0.0100%8h162.85+0.111%$2K$13K10xas long as short
Aevo MSTR-PERPshort+0.0104%1h162.85+0.113%$13510x
OKX MSTR-USDT-SWAP+0.0150%8h162.87+0.123%$20.7M$100.2M50xas long as short
Variational Omni MSTR+0.0151%8h162.75+0.047%$1.2M$2.1Mas long as short
Coinbase International MSTR-PERP-INTX+0.0152%1h161.52−0.707%$1.4M$1.1M10xas long as short
Lighter MSTR+0.0160%1h162.80+0.080%$3.5M$2.0M10xas long as short
Paradex MSTR-USD-PERP+0.0162%8h162.86+0.118%$655xas long as short
Binance MSTRUSDT+0.0230%8h162.87+0.120%$83.8M$627.4M50xas long as short
GRVT MSTR_USDT_Perp+0.0242%8h162.87+0.123%$77K$878K10xas long as short
tradeXYZ xyz:MSTR+0.0279%1h162.78+0.068%$54.0M$37.4M10xas long as short
edgeX MSTRUSDC+0.0290%4h162.68+0.006%$45K$5.4M10xas long as short
Phoenix MSTR+0.0328%1h162.77+0.062%$55K$223K10xas long as short
BloFin MSTR-USDT+0.0350%8h162.86+0.117%$1.0M$2.1M20xas long as short
Nado MSTR-PERP+0.0351%1h162.81+0.085%$130K$157K3xas long as short
RISEx MSTR/USDC+0.0381%1h162.89+0.135%$264K$428K10xas long as short
Bybit MSTRUSDT+0.0382%8h162.85+0.111%$16.8M$41.8M50xas long as short
Deribit MSTR_USDC-PERPETUAL+0.0979%1h162.87+0.123%$277K$437K10xas long as short