Funding you earn now, next payment 21:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h +0.005%
Price spread now: ApeX Omni against Injective−0.884%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.105%+$11 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. ApeX Omni is 0.884% cheaper against Injective than usual: you would sell low and buy high (spread −0.884% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$88 on $10k: about 44 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective MSTR/USDC PERP | 168.58 | 0.0033 | pay 0.0004% / 1h | 6m 23s | $8K | $65K | 30x |
| Short | ApeX Omni MSTRUSDT | 167.09 | 0.0100 | get 0.0013% / 1h | 6m 23s | $38K | $85K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Injective. 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
- $14
- Price spread: −0.884% → 0.000%
- −$88.39
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$84.41
- Costs to cover
- 0.100%
- Break-even
- 49.2 days
Slippage unknown: Injective: no order-book sample; ApeX Omni: 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 Injective no order-book sample | — | — | — | — | — |
| Sell ApeX Omni no order-book sample | — | — | — | — | — |
Injective and ApeX Omni: 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| RISEx MSTR/USDC | 0.0000% | 1h | 167.31 | −0.753% | $330K | $802K | 10x | as long as short |
| Gate MSTR_USDT | 0.0000% | 8h | 167.36 | −0.724% | $4.4M | $17.3M | 50x | as long as short |
| Phemex MSTRUSDT | 0.0000% | 4h | 167.59 | −0.587% | $2.8M | $84K | 10x | as long as short |
| Extended MSTR_24_5-USD | +0.0032% | 1h | 167.15 | −0.847% | $1.4M | $3.0M | 10x | as long as short |
| Injective MSTR/USDC PERPlong | +0.0033% | 1h | 168.58 | long leg | $8K | $65K | 30x | |
| Vest MSTR-USD-PERP | +0.0046% | 1h | 167.33 | −0.741% | — | $796K | 25x | as long as short |
| Polymarket Perps MSTR-USD | +0.0050% | 1h | 167.28 | −0.771% | $383K | $1.3M | 10x | as long as short |
| SoDEX MSTR-USD | +0.0050% | 1h | 167.29 | −0.765% | $44K | $3K | 10x | as long as short |
| Ondo Perps MSTR-USD.P | +0.0050% | 1h | 167.32 | −0.747% | $727K | $2.5M | 10x | as long as short |
| QFEX MSTR-USD | +0.0070% | 1h | 167.30 | −0.759% | $1.3M | $4.7M | 10x | as long as short |
Show all 32 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International MSTR-PERP-INTX | +0.0088% | 1h | 167.13 | −0.860% | $648K | $1.2M | 10x | as long as short |
| Pacifica MSTR | +0.0100% | 1h | 167.28 | −0.774% | $93K | $115K | 10x | as long as short |
| KuCoin MSTRUSDTM | +0.0100% | 8h | 167.26 | −0.783% | $2.5M | $2.4M | 20x | as long as short |
| ApeX Omni MSTRUSDTshort | +0.0100% | 1h | 167.09 | −0.884% | $38K | $85K | 50x | |
| Orderly PERP_MSTR_USDC_mythos | +0.0100% | 8h | 167.33 | −0.741% | $3K | $10K | 10x | as long as short |
| Aevo MSTR-PERP | +0.0104% | 1h | 167.35 | −0.731% | $139 | $202 | 10x | as long as short |
| OKX MSTR-USDT-SWAP | +0.0107% | 8h | 167.30 | −0.759% | $22.1M | $56.0M | 50x | as long as short |
| Nado MSTR-PERP | +0.0109% | 1h | 167.18 | −0.833% | $136K | $112K | 3x | as long as short |
| Lighter MSTR | +0.0112% | 1h | 167.33 | −0.741% | $3.5M | $1.6M | 10x | as long as short |
| Aster MSTRUSDT | +0.0134% | 8h | 167.36 | −0.724% | $1.8M | $3.8M | 50x | as long as short |
| Variational Omni MSTR | +0.0197% | 8h | 167.27 | −0.778% | $1.5M | $1.5M | — | as long as short |
| tradeXYZ xyz:MSTR | +0.0212% | 1h | 167.30 | −0.759% | $54.4M | $21.3M | 10x | as long as short |
| Paradex MSTR-USD-PERP | +0.0234% | 8h | 167.37 | −0.719% | $67 | — | 5x | as long as short |
| Binance MSTRUSDT | +0.0301% | 8h | 167.31 | −0.755% | $84.1M | $307.2M | 50x | as long as short |
| Phoenix MSTR | +0.0334% | 1h | 167.39 | −0.706% | $63K | $110K | 10x | as long as short |
| BloFin MSTR-USDT | +0.0410% | 8h | 167.29 | −0.765% | $1.2M | $1.9M | 20x | as long as short |
| Arcus MSTR-USD | +0.0415% | 1h | 167.41 | −0.694% | $31K | $60K | 10x | as long as short |
| GRVT MSTR_USDT_Perp | +0.0415% | 8h | 167.34 | −0.736% | $89K | $861K | 10x | as long as short |
| Bybit MSTRUSDT | +0.0536% | 8h | 167.36 | −0.724% | $16.4M | $36.3M | 50x | as long as short |
| Bitget MSTRUSDT | +0.0563% | 8h | 167.36 | −0.724% | $34.5M | $86.9M | 25x | as long as short |
| Deribit MSTR_USDC-PERPETUAL | +0.0647% | 1h | 167.34 | −0.736% | $285K | $59K | 10x | as long as short |
| edgeX MSTRUSDC | +0.0861% | 4h | 167.40 | −0.701% | $34K | $2.6M | 10x | as long as short |
Injective MSTR/USDC PERP
ApeX Omni MSTRUSDT
RISEx MSTR/USDC
Gate MSTR_USDT
Phemex MSTRUSDT
Extended MSTR_24_5-USD
Polymarket Perps MSTR-USD
SoDEX MSTR-USD
Coinbase International MSTR-PERP-INTX
Pacifica MSTR
KuCoin MSTRUSDTM
OKX MSTR-USDT-SWAP
Lighter MSTR
Aster MSTRUSDT
Variational Omni MSTR
tradeXYZ xyz:MSTR
Paradex MSTR-USD-PERP
Binance MSTRUSDT
Phoenix MSTR
BloFin MSTR-USDT
GRVT MSTR_USDT_Perp
Bybit MSTRUSDT
Bitget MSTRUSDT
Deribit MSTR_USDC-PERPETUAL
edgeX MSTRUSDC