data as of
Settings8H · net · $10k
FundingCostsSizeExchangesMy alerts
Funding arb /

MSTR

RWAall MSTR markets
SwapPrice view
Alert
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding spread now, next payment 17:00 UTC−0.0050%/8h
paid, last 24h+0.052%paid, last 7 days+0.156%to open and close $10k−$63
Long on KuCoinShort on Polymarket Perps
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin MSTRUSDTM166.120.0100pay 0.0100% / 8h7h 34m$2.5M$2.6M20x
ShortPolymarket Perps MSTR-USD166.100.0050get 0.0006% / 1h34m 11s$408K$2.3M10x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
−$10.5
Slippage, 4 orders
−$42.62
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$73.12
Break-even
never at this rate
Slippage from KuCoin: live order book, 9 min ago; Polymarket Perps: live order book, 1 min ago.

Price risk

price view
Price gap now
−0.012%
Avg gap 7d
−0.043%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 9 min ago2.11 bp27.8 bp −$28doesn't fitdoesn't fitdoesn't fit
Sell Polymarket Perps live order book, 1 min ago2.71 bp8.1 bp −$810.0 bp −$10024.4 bp −$2,444doesn't fit

MSTR on 31 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Gate MSTR_USDT0.0000%8h$4.8M$18.8M50xas long as short
Phemex MSTRUSDT0.0000%4h$2.8M$39K10xas long as short
Extended MSTR_24_5-USD+0.0032%1h$499K$2.2M10xas long as short
QFEX MSTR-USD+0.0041%1h$1.3M$9.3M10xas long as short
Vest MSTR-USD-PERP+0.0046%1h—$1.7M25xas long as short
Lighter MSTR+0.0048%1h$3.6M$2.8M10xas long as short
Polymarket Perps MSTR-USDshort+0.0050%1h$408K$2.3M10x
SoDEX MSTR-USD+0.0050%1h$44K$3K10xas long as short
Ondo Perps MSTR-USD.P+0.0050%1h$884K$4.4M10xas long as short
Pacifica MSTR+0.0100%1h$102K$152K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
KuCoin MSTRUSDTMlong+0.0100%8h$2.5M$2.6M20x
ApeX Omni MSTRUSDT+0.0100%1h$130K$1.8M50xas long as short
Orderly PERP_MSTR_USDC_mythos+0.0100%8h$3K$12K10xas long as short
Aevo MSTR-PERP+0.0104%1h$138—10xas long as short
Paradex MSTR-USD-PERP+0.0107%8h$66—5xas long as short
Coinbase International MSTR-PERP-INTX+0.0112%1h$1.5M$1.2M10xas long as short
Nado MSTR-PERP+0.0134%1h$125K$257K3xas long as short
tradeXYZ xyz:MSTR+0.0152%1h$57.1M$31.5M10xas long as short
edgeX MSTRUSDC+0.0205%4h$45K$4.9M10xas long as short
Phoenix MSTR+0.0226%1h$56K$380K10xas long as short
Variational Omni MSTR+0.0241%8h$1.2M$2.2M—as long as short
OKX MSTR-USDT-SWAP+0.0259%8h$22.2M$100.9M50xas long as short
RISEx MSTR/USDC+0.0277%1h$293K$468K10xas long as short
Aster MSTRUSDT+0.0290%8h$1.3M$6.0M50xas long as short
Binance MSTRUSDT+0.0297%8h$89.7M$555.6M50xas long as short
Injective MSTR/USDC PERP+0.0312%1h$12K$93K30xas long as short
Bitget MSTRUSDT+0.0323%8h$28.9M$110.8M25xas long as short
BloFin MSTR-USDT+0.0419%8h$1.1M$1.4M20xas long as short
Bybit MSTRUSDT+0.0443%8h$15.4M$41.8M50xas long as short
Arcus MSTR-USD+0.0612%1h$26K$126K10xas long as short
Deribit MSTR_USDC-PERPETUAL+0.0774%1h$282K$454K10xas long as short