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−0.0200%/8h
paid, last 24h+0.015%paid, last 7 days+0.153%to open and close $10k−$39
Long on OKXShort on Coinbase International
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX MSTR-USDT-SWAP166.540.0312pay 0.0312% / 8h31m 17s$22.2M$100.7M50x
ShortCoinbase International MSTR-PERP-INTX166.380.0112get 0.0014% / 1h31m 17s$1.5M$1.2M10x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$42.01
Slippage, 4 orders
−$18.86
Fee OKX: 5 bp × 2 orders
−$10
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$80.87
Break-even
never at this rate
Slippage from OKX: live order book, 4 min ago; Coinbase International: live order book, 4 min ago.

Price risk

price view
Price gap now
−0.096%
Avg gap 7d
−0.071%
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 OKX live order book, 4 min ago0.30 bp6.6 bp −$712.1 bp −$12136.8 bp −$3,683doesn't fit
Sell Coinbase International live order book, 4 min ago7.49 bp12.5 bp −$1215.9 bp −$159doesn'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$18.8M50xas long as short
Phemex MSTRUSDT0.0000%4h$2.8M$36K10xas long as short
Injective MSTR/USDC PERP+0.0033%1h$12K$97K30xas long as short
Vest MSTR-USD-PERP+0.0046%1h—$1.6M25xas long as short
SoDEX MSTR-USD+0.0050%1h$44K$3K10xas long as short
Polymarket Perps MSTR-USD+0.0050%1h$408K$2.1M10xas long as short
Ondo Perps MSTR-USD.P+0.0050%1h$909K$4.6M10xas long as short
Nado MSTR-PERP+0.0055%1h$128K$260K3xas long as short
QFEX MSTR-USD+0.0057%1h$1.3M$9.2M10xas long as short
Extended MSTR_24_5-USD+0.0080%1h$508K$2.2M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Pacifica MSTR+0.0100%1h$102K$164K10xas long as short
ApeX Omni MSTRUSDT+0.0100%1h$132K$2.0M50xas long as short
Orderly PERP_MSTR_USDC_mythos+0.0100%8h$3K$13K10xas long as short
Aevo MSTR-PERP+0.0104%1h$138—10xas long as short
Coinbase International MSTR-PERP-INTXshort+0.0112%1h$1.5M$1.2M10x
Paradex MSTR-USD-PERP+0.0125%8h$67—5xas long as short
Lighter MSTR+0.0144%1h$3.6M$2.9M10xas long as short
KuCoin MSTRUSDTM+0.0158%8h$2.6M$2.6M20xas long as short
edgeX MSTRUSDC+0.0172%4h$63K$4.6M10xas long as short
Phoenix MSTR+0.0216%1h$55K$364K10xas long as short
tradeXYZ xyz:MSTR+0.0224%1h$57.1M$31.6M10xas long as short
Bybit MSTRUSDT+0.0244%8h$15.5M$43.6M50xas long as short
Variational Omni MSTR+0.0312%8h$1.3M$2.2M—as long as short
OKX MSTR-USDT-SWAPlong+0.0312%8h$22.2M$100.7M50x
Bitget MSTRUSDT+0.0365%8h$29.1M$110.3M25xas long as short
Binance MSTRUSDT+0.0369%8h$89.0M$534.0M50xas long as short
Aster MSTRUSDT+0.0377%8h$1.3M$5.9M50xas long as short
RISEx MSTR/USDC+0.0486%1h$304K$460K10xas long as short
BloFin MSTR-USDT+0.0492%8h$1.1M$1.4M20xas long as short
Deribit MSTR_USDC-PERPETUAL+0.0531%1h$283K$460K10xas long as short
Arcus MSTR-USD+0.0705%1h$26K$126K10xas long as short