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

MSTR

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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 15:00 UTC−0.0044%/8h
next payment, per $10,000−$0.06paid, last 24h+0.030%paid, last 7 days+0.052%to open and close $10k−$40
Long on LighterShort on Pacifica
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter MSTR165.160.0144pay 0.0018% / 1h42m 28s$3.5M$2.9M10x
ShortPacifica MSTR165.020.0100get 0.0013% / 1h42m 28s$101K$176K10x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
−$9.24
Slippage, 4 orders
−$32.43
Fee Lighter: 0 bp × 2 orders
$0
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$49.67
Break-even
never at this rate
Slippage from Lighter: live order book, 7 min ago; Pacifica: live order book, 12 min ago.

Price risk

price view
Price gap now
−0.084%
Avg gap 7d
+0.032%
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 Lighter live order book, 7 min ago0.90 bp3.8 bp −$47.8 bp −$7832.8 bp −$3,281doesn't fit
Sell Pacifica live order book, 12 min ago3.17 bp19.9 bp −$20doesn't fitdoesn't fitdoesn't fit

MSTR on 31 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Injective MSTR/USDC PERP−0.0440%1h$12K$103K30xas long as short
Gate MSTR_USDT0.0000%8h$5.0M$18.4M50xas long as short
Phemex MSTRUSDT0.0000%4h$2.8M$27K10xas long as short
Extended MSTR_24_5-USD+0.0032%1h$489K$2.2M10xas long as short
Vest MSTR-USD-PERP+0.0046%1h—$1.3M25xas long as short
Polymarket Perps MSTR-USD+0.0050%1h$418K$1.6M10xas long as short
SoDEX MSTR-USD+0.0050%1h$43K$3K10xas long as short
Ondo Perps MSTR-USD.P+0.0050%1h$839K$4.3M10xas long as short
QFEX MSTR-USD+0.0057%1h$1.3M$8.9M10xas long as short
Nado MSTR-PERP+0.0062%1h$154K$251K3xas long as short
Show all 31 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Pacifica MSTRshort+0.0100%1h$101K$176K10x
ApeX Omni MSTRUSDT+0.0100%1h$131K$2.4M50xas long as short
Orderly PERP_MSTR_USDC_mythos+0.0100%8h$3K$14K10xas long as short
Aevo MSTR-PERP+0.0104%1h$137—10xas long as short
KuCoin MSTRUSDTM+0.0116%8h$3.2M$2.1M20xas long as short
Paradex MSTR-USD-PERP+0.0121%8h$66—5xas long as short
Lighter MSTRlong+0.0144%1h$3.5M$2.9M10x
Coinbase International MSTR-PERP-INTX+0.0160%1h$1.5M$1.2M10xas long as short
tradeXYZ xyz:MSTR+0.0168%1h$56.1M$29.4M10xas long as short
Bybit MSTRUSDT+0.0212%8h$15.7M$41.5M50xas long as short
edgeX MSTRUSDC+0.0314%4h$61K$4.1M10xas long as short
Phoenix MSTR+0.0320%1h$54K$334K10xas long as short
Variational Omni MSTR+0.0379%8h$1.3M$2.1M—as long as short
OKX MSTR-USDT-SWAP+0.0382%8h$21.5M$94.4M50xas long as short
Bitget MSTRUSDT+0.0424%8h$28.8M$104.7M25xas long as short
Binance MSTRUSDT+0.0436%8h$85.6M$470.3M50xas long as short
Aster MSTRUSDT+0.0465%8h$1.9M$4.8M50xas long as short
RISEx MSTR/USDC+0.0566%1h$191K$390K10xas long as short
BloFin MSTR-USDT+0.0569%8h$1.1M$1.4M20xas long as short
Deribit MSTR_USDC-PERPETUAL+0.0598%1h$281K$454K10xas long as short
Arcus MSTR-USD+0.0991%1h$26K$123K10xas long as short