MSTR

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0059%/8h= −6.5% APRnext payment −$0.07 per $10,000 · paid last 24h −0.094%

Price spread now: Vest against RISEx−0.063%7-day average −0.776% · you buy dearer than you sell

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

Long on RISEx Short on Vest

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.306%−$31 on $10k

Price spread, last 4 days (all we have)+1.115%+$111 · spread now −0.063%, 7d avg −0.776%

Together, before fees+0.809%+ Points / potential airdropVest: Active · farm board+$81 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Vest is 0.713% dearer against RISEx than usual: you sell high and buy low (spread −0.063% now, against its 7-day average of −0.776%): +$71 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 40 days. At the pace of the last 3 days (−0.306% in total) that is about 8.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx MSTR/USDC	163.96	0.0088	pay 0.0011% / 1h	8m 32s	$264K	$444K	10x
Short	Vest MSTR-USD-PERP	163.86	0.0028	get 0.0004% / 1h	8m 32s	—	$1.8M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against RISEx. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 RISExbpFee VestbpOrdersPrice spread, now −0.063%Rate

Funding earned: −$12.48
Price spread: −0.063% → −0.776%: $71.31
Slippage, 4 orders: no order book: not counted
Fee RISEx: 3 bp × 2 orders: −$6
Fee Vest: 1 bp × 2 orders: −$2
Net: $50.83
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: RISEx: live order book, 40 min ago; Vest: 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 RISEx live order book, 40 min ago	0.31 bp	3.3 bp −$3	4.5 bp −$45	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget MSTRUSDT	−0.1122%	8h	164.17	+0.126%	$28.2M	$118.9M	25x	as long as short
Gate MSTR_USDT	0.0000%	8h	164.04	+0.047%	$4.7M	$19.8M	50x	as long as short
Phemex MSTRUSDT	0.0000%	4h	163.94	−0.014%	$2.8M	$78K	10x	as long as short
edgeX MSTRUSDC	+0.0003%	4h	163.78	−0.113%	$45K	$5.4M	10x	as long as short
Aster MSTRUSDT	+0.0015%	8h	163.81	−0.090%	$1.8M	$8.7M	50x	as long as short
Vest MSTR-USD-PERPshort	+0.0028%	1h	163.86	−0.063%	—	$1.8M	25x
Extended MSTR_24_5-USD	+0.0032%	1h	163.79	−0.102%	$511K	$2.0M	10x	as long as short
Injective MSTR/USDC PERP	+0.0033%	1h	169.34	+3.280%	$8K	$26K	30x	as long as short
Arcus MSTR-USD	+0.0040%	1h	163.84	−0.075%	$26K	$113K	10x	as long as short
Polymarket Perps MSTR-USD	+0.0050%	1h	163.84	−0.075%	$378K	$2.7M	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps MSTR-USD.P	+0.0050%	1h	163.89	−0.044%	$874K	$3.9M	10x	as long as short
QFEX MSTR-USD	+0.0054%	1h	163.91	−0.032%	$1.3M	$7.3M	10x	as long as short
RISEx MSTR/USDClong	+0.0088%	1h	163.96	long leg	$264K	$444K	10x
Pacifica MSTR	+0.0100%	1h	163.85	−0.068%	$100K	$83K	10x	as long as short
KuCoin MSTRUSDTM	+0.0100%	8h	163.82	−0.087%	$2.4M	$2.7M	20x	as long as short
ApeX Omni MSTRUSDT	+0.0100%	1h	163.96	−0.002%	$5K	$182K	50x	as long as short
Orderly PERP_MSTR_USDC_mythos	+0.0100%	8h	164.04	+0.047%	$4K	$10K	10x	as long as short
Aevo MSTR-PERP	+0.0104%	1h	164.05	+0.051%	$136	—	10x	as long as short
OKX MSTR-USDT-SWAP	+0.0117%	8h	164.01	+0.029%	$20.8M	$101.1M	50x	as long as short
Lighter MSTR	+0.0136%	1h	163.85	−0.069%	$3.5M	$2.0M	10x	as long as short
Variational Omni MSTR	+0.0144%	8h	163.96	−0.004%	$1.2M	$2.1M	—	as long as short
Paradex MSTR-USD-PERP	+0.0144%	8h	163.93	−0.019%	$66	—	5x	as long as short
Coinbase International MSTR-PERP-INTX	+0.0168%	1h	161.52	−1.490%	$1.4M	$1.1M	10x	as long as short
Binance MSTRUSDT	+0.0217%	8h	163.94	−0.015%	$84.2M	$629.1M	50x	as long as short
GRVT MSTR_USDT_Perp	+0.0237%	8h	164.02	+0.033%	$80K	$857K	10x	as long as short
tradeXYZ xyz:MSTR	+0.0255%	1h	163.83	−0.081%	$54.4M	$37.4M	10x	as long as short
Nado MSTR-PERP	+0.0338%	1h	163.90	−0.040%	$131K	$157K	3x	as long as short
BloFin MSTR-USDT	+0.0338%	8h	164.00	+0.023%	$1.0M	$2.1M	20x	as long as short
Phoenix MSTR	+0.0362%	1h	163.21	−0.459%	$55K	$226K	10x	as long as short
Bybit MSTRUSDT	+0.0375%	8h	163.99	+0.017%	$16.8M	$41.9M	50x	as long as short
SoDEX MSTR-USD	+0.0387%	1h	163.95	−0.008%	$43K	$3K	10x	as long as short
Deribit MSTR_USDC-PERPETUAL	+0.0726%	1h	164.08	+0.071%	$279K	$438K	10x	as long as short