MSTR

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0014%/8h= +1.5% APRnext payment +$0.02 per $10,000 · paid last 24h −0.003%

Price spread now: Vest against Extended−0.015%7-day average −0.324% · you buy dearer than you sell

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

Long on Extended Short on Vest

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.114%−$11 on $10k

Price spread, last 7 days+0.025%+$3 · spread now −0.015%, 7d avg −0.324%

Together, before fees−0.088%+ Points / potential airdropExtended: Active · Vest: Active · farm board−$9 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Vest is 0.309% dearer against Extended than usual: you sell high and buy low: +$31 more if the spread goes back to its 7-day average of −0.324%. Mind the row above: over the last 3 days funding on this pair cost −0.114%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended MSTR_24_5-USD	164.16	0.0032	pay 0.0004% / 1h	43m 18s	$593K	$1.9M	10x
Short	Vest MSTR-USD-PERP	164.13	0.0046	get 0.0006% / 1h	43m 18s	—	$1.7M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against Extended. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 ExtendedbpFee VestbpOrdersPrice spread, now −0.015%Rate

Funding earned: $2.87
Price spread: −0.015% → −0.324%: $30.88
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Vest: 1 bp × 2 orders: −$2
Net: $26.75
Costs to cover: 0.070%
Break-even: from the start

Slippage unknown: Extended: live order book, 5 min ago; Vest: 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, 5 min ago	3.35 bp	7.8 bp −$8	38.2 bp −$382	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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	−0.0884%	8h	164.44	+0.174%	$27.8M	$115.4M	25x	as long as short
Aster MSTRUSDT	0.0000%	8h	164.26	+0.066%	$1.8M	$8.6M	50x	as long as short
Gate MSTR_USDT	0.0000%	8h	164.38	+0.137%	$4.6M	$18.9M	50x	as long as short
Phemex MSTRUSDT	0.0000%	4h	164.26	+0.064%	$2.8M	$76K	10x	as long as short
Extended MSTR_24_5-USDlong	+0.0032%	1h	164.16	long leg	$593K	$1.9M	10x
Injective MSTR/USDC PERP	+0.0033%	1h	169.34	+3.159%	$8K	$26K	30x	as long as short
OKX MSTR-USDT-SWAP	+0.0036%	8h	164.41	+0.155%	$20.7M	$99.5M	50x	as long as short
edgeX MSTRUSDC	+0.0038%	4h	164.50	+0.208%	$49K	$5.3M	10x	as long as short
Arcus MSTR-USD	+0.0040%	1h	164.44	+0.174%	$26K	$109K	10x	as long as short
Vest MSTR-USD-PERPshort	+0.0046%	1h	164.13	−0.015%	—	$1.7M	25x

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps MSTR-USD	+0.0050%	1h	164.22	+0.040%	$380K	$2.7M	10x	as long as short
SoDEX MSTR-USD	+0.0050%	1h	164.24	+0.052%	$43K	$3K	10x	as long as short
Ondo Perps MSTR-USD.P	+0.0050%	1h	164.27	+0.070%	$855K	$4.0M	10x	as long as short
QFEX MSTR-USD	+0.0067%	1h	164.25	+0.058%	$1.4M	$7.3M	10x	as long as short
Lighter MSTR	+0.0072%	1h	164.23	+0.046%	$3.5M	$1.9M	10x	as long as short
Pacifica MSTR	+0.0100%	1h	164.24	+0.051%	$100K	$83K	10x	as long as short
KuCoin MSTRUSDTM	+0.0100%	8h	164.25	+0.058%	$2.4M	$2.7M	20x	as long as short
ApeX Omni MSTRUSDT	+0.0100%	1h	164.28	+0.076%	$6K	$182K	50x	as long as short
Orderly PERP_MSTR_USDC_mythos	+0.0100%	8h	164.30	+0.088%	$4K	$8K	10x	as long as short
Variational Omni MSTR	+0.0101%	8h	164.45	+0.177%	$1.2M	$2.1M	—	as long as short
Aevo MSTR-PERP	+0.0104%	1h	164.34	+0.110%	$136	—	10x	as long as short
Paradex MSTR-USD-PERP	+0.0137%	8h	164.23	+0.047%	$66	—	5x	as long as short
Binance MSTRUSDT	+0.0158%	8h	164.33	+0.107%	$86.9M	$615.8M	50x	as long as short
GRVT MSTR_USDT_Perp	+0.0167%	8h	164.42	+0.160%	$75K	$803K	10x	as long as short
Coinbase International MSTR-PERP-INTX	+0.0168%	1h	164.21	+0.034%	$1.4M	$1.1M	10x	as long as short
RISEx MSTR/USDC	+0.0231%	1h	164.29	+0.085%	$266K	$445K	10x	as long as short
tradeXYZ xyz:MSTR	+0.0247%	1h	164.28	+0.076%	$54.7M	$37.0M	10x	as long as short
Nado MSTR-PERP	+0.0253%	1h	164.15	−0.006%	$121K	$148K	3x	as long as short
BloFin MSTR-USDT	+0.0281%	8h	164.36	+0.125%	$1.0M	$2.0M	20x	as long as short
Bybit MSTRUSDT	+0.0335%	8h	164.35	+0.119%	$16.8M	$40.8M	50x	as long as short
Phoenix MSTR	+0.0340%	1h	164.53	+0.230%	$56K	$226K	10x	as long as short
Deribit MSTR_USDC-PERPETUAL	+0.0847%	1h	164.29	+0.082%	$279K	$438K	10x	as long as short