data as of
Settings8H · net · $10k
Funding arb /

MSTR

RWAall MSTR markets
SwapPrice view
Alert
Funding spread now, next payment 14:00 UTC+0.0060%/8h
next payment, per $10,000+$0.08paid, last 24h−0.065%paid, last 7 days+0.102%to open and close $10k−$58
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica MSTR165.290.0100pay 0.0013% / 1h45m 35s$101K$176K10x
ShortCoinbase International MSTR-PERP-INTX165.560.0160get 0.0020% / 1h45m 35s$1.5M$1.2M10x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
$12.6
Slippage, 4 orders
−$39.65
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$45.05
Break-even
32.0 days
Slippage from Pacifica: live order book, 9 min ago; Coinbase International: live order book, 4 min ago.

Price risk

price view
Price gap now
+0.164%
Avg gap 7d
−0.052%
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 Pacifica live order book, 9 min ago3.17 bp13.9 bp −$14doesn't fitdoesn't fitdoesn't fit
Sell Coinbase International live order book, 4 min ago6.94 bp11.9 bp −$1215.1 bp −$151doesn't fitdoesn't fit

MSTR on 31 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Injective MSTR/USDC PERP−0.0440%1h$12K$103K30xas long as short
Gate MSTR_USDT0.0000%8h$5.0M$18.3M50xas long as short
Phemex MSTRUSDT0.0000%4h$2.8M$27K10xas long as short
Extended MSTR_24_5-USD+0.0032%1h$489K$2.2M10xas long as short
Vest MSTR-USD-PERP+0.0046%1h$1.3M25xas long as short
Polymarket Perps MSTR-USD+0.0050%1h$420K$1.6M10xas long as short
SoDEX MSTR-USD+0.0050%1h$43K$3K10xas long as short
Ondo Perps MSTR-USD.P+0.0050%1h$839K$4.3M10xas long as short
QFEX MSTR-USD+0.0057%1h$1.3M$8.9M10xas long as short
Nado MSTR-PERP+0.0067%1h$155K$251K3xas long as short
Show all 31 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Pacifica MSTRlong+0.0100%1h$101K$176K10x
ApeX Omni MSTRUSDT+0.0100%1h$132K$2.4M50xas long as short
Orderly PERP_MSTR_USDC_mythos+0.0100%8h$3K$14K10xas long as short
Aevo MSTR-PERP+0.0104%1h$13710xas long as short
KuCoin MSTRUSDTM+0.0114%8h$3.2M$2.1M20xas long as short
Paradex MSTR-USD-PERP+0.0124%8h$665xas long as short
Lighter MSTR+0.0152%1h$3.5M$2.9M10xas long as short
Coinbase International MSTR-PERP-INTXshort+0.0160%1h$1.5M$1.2M10x
tradeXYZ xyz:MSTR+0.0162%1h$56.1M$29.3M10xas long as short
Bybit MSTRUSDT+0.0217%8h$15.7M$41.3M50xas long as short
Phoenix MSTR+0.0320%1h$55K$334K10xas long as short
Variational Omni MSTR+0.0379%8h$1.3M$2.1Mas long as short
OKX MSTR-USDT-SWAP+0.0387%8h$21.2M$93.7M50xas long as short
Bitget MSTRUSDT+0.0431%8h$31.3M$102.5M25xas long as short
Binance MSTRUSDT+0.0443%8h$85.8M$468.1M50xas long as short
Aster MSTRUSDT+0.0476%8h$1.9M$4.8M50xas long as short
RISEx MSTR/USDC+0.0566%1h$190K$389K10xas long as short
BloFin MSTR-USDT+0.0584%8h$1.1M$1.4M20xas long as short
Deribit MSTR_USDC-PERPETUAL+0.0597%1h$281K$454K10xas long as short
edgeX MSTRUSDC+0.0887%4h$62K$4.1M10xas long as short
Arcus MSTR-USD+0.0991%1h$26K$123K10xas long as short