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 16:00 UTC+0.0109%/8h
next payment, per $10,000+$0.14paid, last 24h+0.044%paid, last 7 days+0.101%to open and close $10k−$26
Long on LighterShort on tradeXYZ
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter MSTR166.400.0088pay 0.0011% / 1h21m 03s$3.6M$2.9M10x
ShorttradeXYZ xyz:MSTR166.500.0197get 0.0025% / 1h21m 03s$57.0M$31.4M10x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
$22.95
Slippage, 4 orders
−$8.02
Fee Lighter: 0 bp × 2 orders
$0
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$3.07
Break-even
7.9 days
Slippage from Lighter: live order book, 3 min ago; tradeXYZ: live order book, 10 min ago.

Price risk

price view
Price gap now
+0.060%
Avg gap 7d
+0.004%
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, 3 min ago1.20 bp2.2 bp −$24.9 bp −$4929.6 bp −$2,957doesn't fit
Sell tradeXYZ live order book, 10 min ago0.30 bp9.6 bp −$1010.2 bp −$102doesn't fitdoesn't fit

MSTR on 31 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Gate MSTR_USDT0.0000%8h$4.9M$18.9M50xas long as short
Phemex MSTRUSDT0.0000%4h$2.8M$36K10xas long as short
Extended MSTR_24_5-USD+0.0032%1h$499K$2.2M10xas long as short
Injective MSTR/USDC PERP+0.0033%1h$12K$97K30xas long as short
Nado MSTR-PERP+0.0041%1h$128K$257K3xas long as short
Vest MSTR-USD-PERP+0.0046%1h—$1.6M25xas long as short
Polymarket Perps MSTR-USD+0.0050%1h$406K$2.1M10xas long as short
SoDEX MSTR-USD+0.0050%1h$44K$3K10xas long as short
Ondo Perps MSTR-USD.P+0.0050%1h$901K$4.6M10xas long as short
QFEX MSTR-USD+0.0057%1h$1.3M$9.2M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Lighter MSTRlong+0.0088%1h$3.6M$2.9M10x
Pacifica MSTR+0.0100%1h$102K$153K10xas long as short
ApeX Omni MSTRUSDT+0.0100%1h$132K$1.9M50xas 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
Coinbase International MSTR-PERP-INTX+0.0112%1h$1.5M$1.2M10xas long as short
Paradex MSTR-USD-PERP+0.0114%8h$67—5xas long as short
KuCoin MSTRUSDTM+0.0138%8h$2.6M$2.6M20xas long as short
tradeXYZ xyz:MSTRshort+0.0197%1h$57.0M$31.4M10x
Phoenix MSTR+0.0216%1h$56K$364K10xas long as short
Bybit MSTRUSDT+0.0244%8h$15.5M$43.8M50xas long as short
OKX MSTR-USDT-SWAP+0.0288%8h$22.1M$101.1M50xas long as short
Variational Omni MSTR+0.0295%8h$1.3M$2.2M—as long as short
Binance MSTRUSDT+0.0351%8h$88.1M$542.0M50xas long as short
Bitget MSTRUSDT+0.0351%8h$28.9M$110.8M25xas long as short
Aster MSTRUSDT+0.0359%8h$1.3M$5.9M50xas long as short
BloFin MSTR-USDT+0.0471%8h$1.1M$1.4M20xas long as short
RISEx MSTR/USDC+0.0486%1h$304K$463K10xas long as short
Deribit MSTR_USDC-PERPETUAL+0.0531%1h$283K$461K10xas long as short
edgeX MSTRUSDC+0.0585%4h$63K$4.7M10xas long as short
Arcus MSTR-USD+0.0705%1h$26K$126K10xas long as short