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
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=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).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended MSTR_24_5-USD | 162.67 | 0.0032 | pay 0.0004% / 1h | 29m 05s | $508K | $2.0M | 10x |
| Short | Aevo MSTR-PERP | 162.85 | 0.0104 | get 0.0013% / 1h | 29m 05s | $135 | — | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Extended live order book, 4 min ago | 1.23 bp | 6.2 bp −$6 | 25.0 bp −$250 | 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 | −0.0949% | 8h | 163.09 | +0.258% | $28.7M | $118.7M | 25x | as long as short |
| Gate MSTR_USDT | 0.0000% | 8h | 162.91 | +0.148% | $4.7M | $19.6M | 50x | as long as short |
| Phemex MSTRUSDT | 0.0000% | 4h | 162.88 | +0.129% | $2.7M | $78K | 10x | as long as short |
| Extended MSTR_24_5-USDlong | +0.0032% | 1h | 162.67 | long leg | $508K | $2.0M | 10x | |
| Aster MSTRUSDT | +0.0033% | 8h | 162.82 | +0.094% | $1.8M | $8.7M | 50x | as long as short |
| Injective MSTR/USDC PERP | +0.0033% | 1h | 169.34 | +4.100% | $8K | $26K | 30x | as long as short |
| Arcus MSTR-USD | +0.0040% | 1h | 162.84 | +0.105% | $26K | $113K | 10x | as long as short |
| Vest MSTR-USD-PERP | +0.0046% | 1h | 162.55 | −0.074% | — | $1.8M | 25x | as long as short |
| Polymarket Perps MSTR-USD | +0.0050% | 1h | 162.82 | +0.092% | $377K | $2.7M | 10x | as long as short |
| SoDEX MSTR-USD | +0.0050% | 1h | 162.83 | +0.098% | $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 | 162.57 | −0.061% | $849K | $3.9M | 10x | as long as short |
| QFEX MSTR-USD | +0.0057% | 1h | 162.90 | +0.141% | $1.3M | $7.2M | 10x | as long as short |
| Pacifica MSTR | +0.0100% | 1h | 162.95 | +0.172% | $100K | $83K | 10x | as long as short |
| KuCoin MSTRUSDTM | +0.0100% | 8h | 162.76 | +0.055% | $2.4M | $2.7M | 20x | as long as short |
| ApeX Omni MSTRUSDT | +0.0100% | 1h | 162.59 | −0.049% | $5K | $182K | 50x | as long as short |
| Orderly PERP_MSTR_USDC_mythos | +0.0100% | 8h | 162.85 | +0.111% | $2K | $13K | 10x | as long as short |
| Aevo MSTR-PERPshort | +0.0104% | 1h | 162.85 | +0.113% | $135 | — | 10x | |
| OKX MSTR-USDT-SWAP | +0.0150% | 8h | 162.87 | +0.123% | $20.7M | $100.2M | 50x | as long as short |
| Variational Omni MSTR | +0.0151% | 8h | 162.75 | +0.047% | $1.2M | $2.1M | — | as long as short |
| Coinbase International MSTR-PERP-INTX | +0.0152% | 1h | 161.52 | −0.707% | $1.4M | $1.1M | 10x | as long as short |
| Lighter MSTR | +0.0160% | 1h | 162.80 | +0.080% | $3.5M | $2.0M | 10x | as long as short |
| Paradex MSTR-USD-PERP | +0.0162% | 8h | 162.86 | +0.118% | $65 | — | 5x | as long as short |
| Binance MSTRUSDT | +0.0230% | 8h | 162.87 | +0.120% | $83.8M | $627.4M | 50x | as long as short |
| GRVT MSTR_USDT_Perp | +0.0242% | 8h | 162.87 | +0.123% | $77K | $878K | 10x | as long as short |
| tradeXYZ xyz:MSTR | +0.0279% | 1h | 162.78 | +0.068% | $54.0M | $37.4M | 10x | as long as short |
| edgeX MSTRUSDC | +0.0290% | 4h | 162.68 | +0.006% | $45K | $5.4M | 10x | as long as short |
| Phoenix MSTR | +0.0328% | 1h | 162.77 | +0.062% | $55K | $223K | 10x | as long as short |
| BloFin MSTR-USDT | +0.0350% | 8h | 162.86 | +0.117% | $1.0M | $2.1M | 20x | as long as short |
| Nado MSTR-PERP | +0.0351% | 1h | 162.81 | +0.085% | $130K | $157K | 3x | as long as short |
| RISEx MSTR/USDC | +0.0381% | 1h | 162.89 | +0.135% | $264K | $428K | 10x | as long as short |
| Bybit MSTRUSDT | +0.0382% | 8h | 162.85 | +0.111% | $16.8M | $41.8M | 50x | as long as short |
| Deribit MSTR_USDC-PERPETUAL | +0.0979% | 1h | 162.87 | +0.123% | $277K | $437K | 10x | as long as short |
Extended MSTR_24_5-USD
Bitget MSTRUSDT
Gate MSTR_USDT
Phemex MSTRUSDT
Aster MSTRUSDT
Injective MSTR/USDC PERP
Polymarket Perps MSTR-USD
SoDEX MSTR-USD
Pacifica MSTR
KuCoin MSTRUSDTM
ApeX Omni MSTRUSDT
OKX MSTR-USDT-SWAP
Variational Omni MSTR
Coinbase International MSTR-PERP-INTX
Lighter MSTR
Paradex MSTR-USD-PERP
Binance MSTRUSDT
GRVT MSTR_USDT_Perp
tradeXYZ xyz:MSTR
edgeX MSTRUSDC
Phoenix MSTR
BloFin MSTR-USDT
RISEx MSTR/USDC
Bybit MSTRUSDT
Deribit MSTR_USDC-PERPETUAL