Funding you earn now, next payment 07:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: Pacifica against Phemex−0.047%7-day average −0.036% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.291%+$29 on $10k
+Price spread, last 4 days (all we have)+0.059%+$6 · spread now −0.047%, 7d avg −0.036%
=Together, before fees+0.351%+ Points / potential airdropPacifica: Active · farm board+$35 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.036%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex MSTRUSDT | 163.68 | 0 | get 0.0000% / 4h | 1h 12m | $2.8M | $79K | 10x |
| Short | Pacifica MSTR | 163.60 | 0.0100 | get 0.0013% / 1h | 12m 48s | $100K | $83K | 10x |
Phemex MSTRUSDT
Pacifica MSTRFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against Phemex. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $21
- Price spread: −0.047% → −0.036%
- −$1.11
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$0.11
- Costs to cover
- 0.200%
- Break-even
- 7.0 days
Slippage unknown: Phemex: live order book, 6 min ago; Pacifica: live order book, 11 min ago. 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 Phemex live order book, 6 min ago | 6.71 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 11 min ago | 1.50 bp | 9.8 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
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 | −0.0718% | 8h | 163.71 | +0.018% | $29.1M | $118.7M | 25x | as long as short |
| Gate MSTR_USDT | 0.0000% | 8h | 163.64 | −0.024% | $4.7M | $19.7M | 50x | as long as short |
| Phemex MSTRUSDTlong | 0.0000% | 4h | 163.68 | long leg | $2.8M | $79K | 10x | |
| Extended MSTR_24_5-USD | +0.0032% | 1h | 163.41 | −0.165% | $511K | $2.0M | 10x | as long as short |
| Injective MSTR/USDC PERP | +0.0033% | 1h | 169.34 | +3.458% | $8K | $26K | 30x | as long as short |
| Arcus MSTR-USD | +0.0040% | 1h | 163.74 | +0.037% | $26K | $113K | 10x | as long as short |
| Vest MSTR-USD-PERP | +0.0046% | 1h | 163.55 | −0.079% | — | $1.8M | 25x | as long as short |
| Polymarket Perps MSTR-USD | +0.0050% | 1h | 163.52 | −0.098% | $378K | $2.7M | 10x | as long as short |
| Ondo Perps MSTR-USD.P | +0.0050% | 1h | 163.56 | −0.073% | $850K | $3.9M | 10x | as long as short |
| Aster MSTRUSDT | +0.0053% | 8h | 163.39 | −0.174% | $1.8M | $8.7M | 50x | as long as short |
Bitget MSTRUSDT
Gate MSTR_USDT
Extended MSTR_24_5-USD
Injective MSTR/USDC PERP
Arcus MSTR-USD
Vest MSTR-USD-PERP
Polymarket Perps MSTR-USD
Ondo Perps MSTR-USD.P
Aster MSTRUSDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX MSTR-USD | +0.0057% | 1h | 163.59 | −0.055% | $1.3M | $7.2M | 10x | as long as short |
| SoDEX MSTR-USD | +0.0079% | 1h | 163.57 | −0.067% | $43K | $3K | 10x | as long as short |
| Pacifica MSTRshort | +0.0100% | 1h | 163.60 | −0.047% | $100K | $83K | 10x | |
| KuCoin MSTRUSDTM | +0.0100% | 8h | 163.53 | −0.092% | $2.4M | $2.7M | 20x | as long as short |
| ApeX Omni MSTRUSDT | +0.0100% | 1h | 163.61 | −0.043% | $5K | $182K | 50x | as long as short |
| Orderly PERP_MSTR_USDC_mythos | +0.0100% | 8h | 163.55 | −0.079% | $2K | $13K | 10x | as long as short |
| Aevo MSTR-PERP | +0.0104% | 1h | 163.57 | −0.069% | $136 | — | 10x | as long as short |
| Lighter MSTR | +0.0112% | 1h | 163.49 | −0.116% | $3.5M | $2.0M | 10x | as long as short |
| Coinbase International MSTR-PERP-INTX | +0.0152% | 1h | 161.52 | −1.320% | $1.4M | $1.1M | 10x | as long as short |
| Paradex MSTR-USD-PERP | +0.0162% | 8h | 163.55 | −0.081% | $65 | — | 5x | as long as short |
| OKX MSTR-USDT-SWAP | +0.0166% | 8h | 163.59 | −0.055% | $20.8M | $100.2M | 50x | as long as short |
| Variational Omni MSTR | +0.0175% | 8h | 163.69 | +0.004% | $1.2M | $2.1M | — | as long as short |
| tradeXYZ xyz:MSTR | +0.0244% | 1h | 163.52 | −0.098% | $54.2M | $37.2M | 10x | as long as short |
| Binance MSTRUSDT | +0.0249% | 8h | 163.57 | −0.067% | $84.1M | $626.3M | 50x | as long as short |
| GRVT MSTR_USDT_Perp | +0.0265% | 8h | 163.76 | +0.047% | $84K | $867K | 10x | as long as short |
| Phoenix MSTR | +0.0328% | 1h | 163.77 | +0.054% | $56K | $223K | 10x | as long as short |
| Nado MSTR-PERP | +0.0357% | 1h | 163.48 | −0.124% | $131K | $157K | 3x | as long as short |
| BloFin MSTR-USDT | +0.0369% | 8h | 163.62 | −0.037% | $1.0M | $2.1M | 20x | as long as short |
| RISEx MSTR/USDC | +0.0381% | 1h | 163.65 | −0.019% | $265K | $425K | 10x | as long as short |
| Bybit MSTRUSDT | +0.0385% | 8h | 163.57 | −0.067% | $17.1M | $41.9M | 50x | as long as short |
| edgeX MSTRUSDC | +0.0780% | 4h | 163.70 | +0.014% | $46K | $5.4M | 10x | as long as short |
| Deribit MSTR_USDC-PERPETUAL | +0.1035% | 1h | 163.61 | −0.043% | $278K | $437K | 10x | as long as short |
QFEX MSTR-USD
SoDEX MSTR-USD
KuCoin MSTRUSDTM
ApeX Omni MSTRUSDT
Orderly PERP_MSTR_USDC_mythos
Aevo MSTR-PERP
Lighter MSTR
Coinbase International MSTR-PERP-INTX
Paradex MSTR-USD-PERP
OKX MSTR-USDT-SWAP
Variational Omni MSTR
tradeXYZ xyz:MSTR
Binance MSTRUSDT
GRVT MSTR_USDT_Perp
Phoenix MSTR
Nado MSTR-PERP
BloFin MSTR-USDT
RISEx MSTR/USDC
Bybit MSTRUSDT
edgeX MSTRUSDC
Deribit MSTR_USDC-PERPETUAL