MSTR

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0135%/8h= −14.8% APRnext payment −$0.17 per $10,000 · paid last 24h −0.003%

Price spread now: Aevo against Nado+0.075%7-day average — · you sell dearer than you buy

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

Long on Nado Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropNado: Active · farm boardneeds both histories

The price spread pays, funding is against you. Aevo is 0.075% dearer against Nado than usual: you sell high and buy low (spread +0.075% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 44 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado MSTR-PERP	164.39	0.0239	pay 0.0030% / 1h	12m 45s	$121K	$148K	3x
Short	Aevo MSTR-PERP	164.52	0.0104	get 0.0013% / 1h	12m 45s	$137	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Nado. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

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 NadobpFee AevobpOrdersPrice spread, now +0.075%Rate

Funding earned: −$28.41
Price spread: +0.075% → 0.000%: $7.46
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$43.95
Costs to cover: 0.230%
Break-even: never at this rate

Slippage unknown: Nado: live order book, 45 min ago; Aevo: 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 Nado live order book, 45 min ago	6.66 bp	25.6 bp −$26	73.8 bp −$738	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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	−0.0944%	8h	164.63	+0.144%	$27.9M	$115.1M	25x	as long as short
Aster MSTRUSDT	0.0000%	8h	164.52	+0.078%	$1.8M	$8.5M	50x	as long as short
Gate MSTR_USDT	0.0000%	8h	164.55	+0.095%	$4.6M	$18.8M	50x	as long as short
Phemex MSTRUSDT	0.0000%	4h	164.50	+0.065%	$2.8M	$74K	10x	as long as short
OKX MSTR-USDT-SWAP	+0.0009%	8h	164.50	+0.065%	$20.6M	$99.5M	50x	as long as short
Lighter MSTR	+0.0032%	1h	164.42	+0.016%	$3.5M	$1.9M	10x	as long as short
Extended MSTR_24_5-USD	+0.0032%	1h	164.32	−0.042%	$595K	$1.9M	10x	as long as short
Injective MSTR/USDC PERP	+0.0033%	1h	169.34	+3.009%	$8K	$26K	30x	as long as short
RISEx MSTR/USDC	+0.0034%	1h	164.53	+0.080%	$267K	$448K	10x	as long as short
Arcus MSTR-USD	+0.0040%	1h	164.52	+0.077%	$26K	$109K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest MSTR-USD-PERP	+0.0046%	1h	164.35	−0.027%	—	$1.7M	25x	as long as short
Polymarket Perps MSTR-USD	+0.0050%	1h	164.42	+0.016%	$381K	$2.7M	10x	as long as short
SoDEX MSTR-USD	+0.0050%	1h	164.51	+0.071%	$43K	$3K	10x	as long as short
Ondo Perps MSTR-USD.P	+0.0050%	1h	164.28	−0.069%	$856K	$3.9M	10x	as long as short
QFEX MSTR-USD	+0.0054%	1h	164.48	+0.052%	$1.4M	$7.4M	10x	as long as short
Variational Omni MSTR	+0.0077%	8h	164.39	−0.005%	$1.2M	$2.1M	—	as long as short
Pacifica MSTR	+0.0100%	1h	164.44	+0.031%	$101K	$83K	10x	as long as short
KuCoin MSTRUSDTM	+0.0100%	8h	164.40	+0.004%	$2.4M	$2.7M	20x	as long as short
ApeX Omni MSTRUSDT	+0.0100%	1h	164.36	−0.021%	$6K	$186K	50x	as long as short
Orderly PERP_MSTR_USDC_mythos	+0.0100%	8h	164.54	+0.089%	$3K	$8K	10x	as long as short
Aevo MSTR-PERPshort	+0.0104%	1h	164.52	+0.075%	$137	—	10x
Paradex MSTR-USD-PERP	+0.0132%	8h	164.44	+0.028%	$66	—	5x	as long as short
Binance MSTRUSDT	+0.0141%	8h	164.49	+0.059%	$87.3M	$615.9M	50x	as long as short
GRVT MSTR_USDT_Perp	+0.0160%	8h	164.53	+0.083%	$76K	$780K	10x	as long as short
Coinbase International MSTR-PERP-INTX	+0.0168%	1h	164.12	−0.167%	$1.4M	$1.1M	10x	as long as short
Phoenix MSTR	+0.0213%	1h	164.54	+0.088%	$56K	$226K	10x	as long as short
tradeXYZ xyz:MSTR	+0.0226%	1h	164.44	+0.028%	$54.8M	$37.0M	10x	as long as short
Nado MSTR-PERPlong	+0.0239%	1h	164.39	long leg	$121K	$148K	3x
BloFin MSTR-USDT	+0.0261%	8h	164.56	+0.101%	$1.0M	$2.0M	20x	as long as short
Bybit MSTRUSDT	+0.0347%	8h	164.50	+0.065%	$17.0M	$40.7M	50x	as long as short
Deribit MSTR_USDC-PERPETUAL	+0.0723%	1h	164.55	+0.095%	$280K	$438K	10x	as long as short
edgeX MSTRUSDC	+0.0770%	4h	164.42	+0.014%	$49K	$5.4M	10x	as long as short