Settings8H · net · $10k
Funding arb · Price arb /

MSTR

RWAall MSTR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0054%/8h= +5.9% APRnext payment +$0.07 per $10,000 · paid last 24h +0.016%
Price spread now: Aevo against Ondo Perps+0.007%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps MSTR-USD.P163.370.0050pay 0.0006% / 1h57m 49s$846K$3.8M10x
ShortAevo MSTR-PERP163.380.0104get 0.0013% / 1h57m 49s$13610x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Ondo Perps. 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

Funding earned
$11.26
Price spread: +0.007% → 0.000%
$0.67
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$9.07
Costs to cover
0.210%
Break-even
12.6 days
Slippage unknown: Ondo Perps: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy Ondo Perps no order-book sample
Sell Aevo no order-book sample
Ondo Perps and 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget MSTRUSDT−0.0576%8h163.55+0.110%$29.1M$119.0M25xas long as short
Gate MSTR_USDT0.0000%8h163.44+0.043%$4.7M$19.4M50xas long as short
Phemex MSTRUSDT0.0000%4h163.39+0.012%$2.7M$80K10xas long as short
Extended MSTR_24_5-USD+0.0032%1h163.19−0.107%$507K$2.0M10xas long as short
Injective MSTR/USDC PERP+0.0033%1h169.34+3.654%$8K$26K30xas long as short
Arcus MSTR-USD+0.0040%1h163.58+0.129%$26K$113K10xas long as short
Vest MSTR-USD-PERP+0.0046%1h163.23−0.086%$1.8M25xas long as short
Polymarket Perps MSTR-USD+0.0050%1h163.25−0.073%$378K$2.7M10xas long as short
SoDEX MSTR-USD+0.0050%1h163.370.000%$43K$3K10xas long as short
Ondo Perps MSTR-USD.Plong+0.0050%1h163.37long leg$846K$3.8M10x
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster MSTRUSDT+0.0066%8h163.19−0.108%$1.8M$8.7M50xas long as short
QFEX MSTR-USD+0.0067%1h163.35−0.012%$1.3M$7.2M10xas long as short
Pacifica MSTR+0.0100%1h163.39+0.011%$100K$88K10xas long as short
KuCoin MSTRUSDTM+0.0100%8h163.370.000%$2.4M$2.7M20xas long as short
ApeX Omni MSTRUSDT+0.0100%1h163.20−0.104%$5K$182K50xas long as short
Orderly PERP_MSTR_USDC_mythos+0.0100%8h163.38+0.006%$2K$13K10xas long as short
Aevo MSTR-PERPshort+0.0104%1h163.38+0.007%$13610x
Coinbase International MSTR-PERP-INTX+0.0136%1h161.52−1.132%$1.4M$1.1M10xas long as short
Lighter MSTR+0.0152%1h163.24−0.080%$3.5M$2.0M10xas long as short
Paradex MSTR-USD-PERP+0.0173%8h163.31−0.040%$655xas long as short
OKX MSTR-USDT-SWAP+0.0185%8h163.41+0.024%$20.8M$100.0M50xas long as short
Variational Omni MSTR+0.0187%8h163.34−0.021%$1.2M$2.1Mas long as short
Binance MSTRUSDT+0.0261%8h163.34−0.020%$84.1M$624.7M50xas long as short
GRVT MSTR_USDT_Perp+0.0274%8h163.40+0.018%$76K$865K10xas long as short
Phoenix MSTR+0.0328%1h163.53+0.097%$56K$223K10xas long as short
BloFin MSTR-USDT+0.0381%8h163.43+0.037%$1.0M$2.1M20xas long as short
Nado MSTR-PERP+0.0397%1h163.20−0.107%$130K$157K3xas long as short
Bybit MSTRUSDT+0.0408%8h163.42+0.031%$17.1M$41.8M50xas long as short
edgeX MSTRUSDC+0.0472%4h163.41+0.025%$46K$5.4M10xas long as short
RISEx MSTR/USDC+0.0493%1h163.40+0.020%$266K$425K10xas long as short
tradeXYZ xyz:MSTR+0.0560%1h163.36−0.006%$54.0M$37.8M10xas long as short
Deribit MSTR_USDC-PERPETUAL+0.0914%1h163.44+0.043%$278K$437K10xas long as short