data as of
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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 18:00 UTC−0.0139%/8h
paid, last 24h−0.027%paid, last 7 days+0.030%to open and close $10k−$30
Long on OKXShort on Polymarket Perps
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX MSTR-USDT-SWAP166.890.0189pay 0.0189% / 8h6h 46m$22.5M$101.6M50x
ShortPolymarket Perps MSTR-USD166.990.0050get 0.0006% / 1h46m 07s$405K$2.3M10x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$29.2
Slippage, 4 orders
−$11.55
Fee OKX: 5 bp × 2 orders
−$10
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$58.75
Break-even
never at this rate
Slippage from OKX: live order book, 4 min ago; Polymarket Perps: live order book, 4 min ago.

Price risk

price view
Price gap now
+0.060%
Avg gap 7d
−0.079%
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 bp6.3 bp −$612.0 bp −$12039.7 bp −$3,974doesn't fit
Sell Polymarket Perps live order book, 4 min ago2.40 bp7.6 bp −$88.8 bp −$8820.7 bp −$2,073doesn't fit

MSTR on 31 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Nado MSTR-PERP−0.0034%1h$126K$243K3xas long as short
Gate MSTR_USDT0.0000%8h$4.8M$18.3M50xas long as short
Phemex MSTRUSDT0.0000%4h$2.8M$42K10xas long as short
RISEx MSTR/USDC+0.0017%1h$295K$467K10xas long as short
Lighter MSTR+0.0032%1h$3.6M$2.6M10xas long as short
Extended MSTR_24_5-USD+0.0032%1h$495K$2.0M10xas long as short
QFEX MSTR-USD+0.0041%1h$1.3M$9.5M10xas long as short
Vest MSTR-USD-PERP+0.0046%1h—$1.8M25xas long as short
tradeXYZ xyz:MSTR+0.0050%1h$56.7M$32.1M10xas long as short
Polymarket Perps MSTR-USDshort+0.0050%1h$405K$2.3M10x
Show all 31 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
SoDEX MSTR-USD+0.0050%1h$44K$3K10xas long as short
Ondo Perps MSTR-USD.P+0.0050%1h$817K$4.6M10xas long as short
Paradex MSTR-USD-PERP+0.0075%8h$67—5xas long as short
Pacifica MSTR+0.0100%1h$102K$152K10xas long as short
KuCoin MSTRUSDTM+0.0100%8h$2.6M$2.6M20xas long as short
ApeX Omni MSTRUSDT+0.0100%1h$130K$1.5M50xas long as short
Orderly PERP_MSTR_USDC_mythos+0.0100%8h$3K$12K10xas long as short
Aevo MSTR-PERP+0.0104%1h$139—10xas long as short
Coinbase International MSTR-PERP-INTX+0.0112%1h$1.5M$1.1M10xas long as short
Variational Omni MSTR+0.0185%8h$1.3M$2.2M—as long as short
OKX MSTR-USDT-SWAPlong+0.0189%8h$22.5M$101.6M50x
Bybit MSTRUSDT+0.0208%8h$15.5M$41.5M50xas long as short
Phoenix MSTR+0.0215%1h$55K$388K10xas long as short
Binance MSTRUSDT+0.0228%8h$91.3M$569.8M50xas long as short
Aster MSTRUSDT+0.0231%8h$1.3M$6.0M50xas long as short
Injective MSTR/USDC PERP+0.0249%1h$12K$68K30xas long as short
Bitget MSTRUSDT+0.0259%8h$28.7M$111.6M25xas long as short
BloFin MSTR-USDT+0.0350%8h$1.1M$1.5M20xas long as short
Deribit MSTR_USDC-PERPETUAL+0.0469%1h$284K$455K10xas long as short
Arcus MSTR-USD+0.0599%1h$26K$130K10xas long as short
edgeX MSTRUSDC+0.0876%4h$50K$5.0M10xas long as short