MSTR

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0054%/8h= +5.9% APRnext payment +$0.07 per $10,000 · paid last 24h +0.016%

Price spread now: Aevo against Polymarket Perps−0.118%52s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Polymarket Perps Short on Aevo

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Aevo is 0.118% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.118% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 7.3 days of funding at the current rate (+$2 a day). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps MSTR-USD	166.00	0.0050	pay 0.0006% / 1h	45m 30s	$390K	$2.5M	10x
Short	Aevo MSTR-PERP	165.80	0.0104	get 0.0013% / 1h	45m 30s	$138	$100	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Polymarket 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

Position, each leg$Hold fordaysFee Polymarket PerpsbpFee AevobpOrdersPrice spread, now −0.118%Rate

Funding earned: $11.34
Price spread: −0.118% → 0.000%: −$11.8
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$24.46
Costs to cover: 0.240%
Break-even: 22.1 days

Slippage unknown: Polymarket Perps: live order book, 1 min ago; 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Polymarket Perps live order book, 1 min ago	0.90 bp	8.4 bp −$8	9.3 bp −$93	11.4 bp −$1,136	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

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 exchanges

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
Gate MSTR_USDT	0.0000%	8h	166.06	+0.036%	$4.9M	$17.1M	50x	as long as short
Bitget MSTRUSDT	0.0000%	8h	166.12	+0.072%	$32.3M	$102.9M	25x	as long as short
Phemex MSTRUSDT	0.0000%	4h	165.91	−0.054%	$2.8M	$85K	10x	as long as short
Lighter MSTR	+0.0032%	1h	165.77	−0.139%	$3.5M	$1.7M	10x	as long as short
Extended MSTR_24_5-USD	+0.0032%	1h	165.79	−0.127%	$1.0M	$2.4M	10x	as long as short
Injective MSTR/USDC PERP	+0.0033%	1h	165.22	−0.470%	$7K	$28K	30x	as long as short
Vest MSTR-USD-PERP	+0.0046%	1h	166.03	+0.018%	—	$1.7M	25x	as long as short
Polymarket Perps MSTR-USDlong	+0.0050%	1h	166.00	long leg	$390K	$2.5M	10x
SoDEX MSTR-USD	+0.0050%	1h	165.80	−0.120%	$44K	$3K	10x	as long as short
Ondo Perps MSTR-USD.P	+0.0050%	1h	165.85	−0.090%	$852K	$3.3M	10x	as long as short

Show all 32 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX MSTR-USD	+0.0054%	1h	165.93	−0.042%	$1.3M	$5.7M	10x	as long as short
Coinbase International MSTR-PERP-INTX	+0.0056%	1h	165.77	−0.139%	$1.4M	$354K	10x	as long as short
Paradex MSTR-USD-PERP	+0.0089%	8h	165.85	−0.089%	$66	—	5x	as long as short
Pacifica MSTR	+0.0100%	1h	165.89	−0.066%	$101K	$64K	10x	as long as short
KuCoin MSTRUSDTM	+0.0100%	8h	165.83	−0.102%	$2.3M	$2.8M	20x	as long as short
ApeX Omni MSTRUSDT	+0.0100%	1h	165.57	−0.259%	$6K	$151K	50x	as long as short
Orderly PERP_MSTR_USDC_mythos	+0.0100%	8h	165.78	−0.133%	$2K	$11K	10x	as long as short
Nado MSTR-PERP	+0.0102%	1h	165.90	−0.061%	$144K	$135K	3x	as long as short
Aevo MSTR-PERPshort	+0.0104%	1h	165.80	−0.118%	$138	$100	10x
Bybit MSTRUSDT	+0.0165%	8h	166.07	+0.042%	$16.5M	$37.6M	50x	as long as short
tradeXYZ xyz:MSTR	+0.0232%	1h	165.82	−0.108%	$54.8M	$33.5M	10x	as long as short
OKX MSTR-USDT-SWAP	+0.0252%	8h	166.08	+0.048%	$21.9M	$79.6M	50x	as long as short
Aster MSTRUSDT	+0.0263%	8h	165.91	−0.054%	$1.8M	$6.3M	50x	as long as short
Phoenix MSTR	+0.0308%	1h	165.88	−0.072%	$55K	$213K	10x	as long as short
Variational Omni MSTR	+0.0348%	8h	165.74	−0.155%	$1.2M	$1.6M	—	as long as short
GRVT MSTR_USDT_Perp	+0.0418%	8h	166.13	+0.080%	$89K	$962K	10x	as long as short
Binance MSTRUSDT	+0.0442%	8h	166.01	+0.005%	$87.2M	$516.4M	50x	as long as short
RISEx MSTR/USDC	+0.0459%	1h	165.98	−0.012%	$287K	$356K	10x	as long as short
BloFin MSTR-USDT	+0.0574%	8h	166.13	+0.078%	$1.1M	$2.0M	20x	as long as short
edgeX MSTRUSDC	+0.0580%	4h	165.63	−0.225%	$48K	$4.5M	10x	as long as short
Deribit MSTR_USDC-PERPETUAL	+0.0656%	1h	165.71	−0.175%	$282K	$188K	10x	as long as short
Arcus MSTR-USD	+0.0803%	1h	166.09	+0.054%	$26K	$67K	10x	as long as short