MSTR

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0004%/8h= −0.5% APRnext payment −$0.01 per $10,000 · paid last 24h −0.026%

Price spread now: Vest against SoDEX−0.049%48s7-day average — · you buy dearer than you sell

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

Long on SoDEX Short on Vest

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVest: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Vest is 0.049% cheaper against SoDEX than usual: you would sell low and buy high, −$5 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 48 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	SoDEX MSTR-USD	162.90	0.0050	pay 0.0006% / 1h	34m 22s	$43K	$3K	10x
Short	Vest MSTR-USD-PERP	162.82	0.0046	get 0.0006% / 1h	34m 22s	—	$1.7M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against SoDEX. 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 SoDEXbpFee VestbpOrdersPrice spread, now −0.049%Rate

Funding earned: −$0.91
Price spread: −0.049% → 0.000%: −$4.91
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Vest: 1 bp × 2 orders: −$2
Net: −$15.82
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: SoDEX: no order-book sample; 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 SoDEX no order-book sample	—	—	—	—	—
Sell Vest no order-book sample	—	—	—	—	—

SoDEX and 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	−0.0062%	8h	163.09	+0.117%	$30.5M	$118.1M	25x	as long as short
Gate MSTR_USDT	0.0000%	8h	163.04	+0.086%	$4.7M	$18.6M	50x	as long as short
Phemex MSTRUSDT	0.0000%	4h	162.98	+0.049%	$2.7M	$86K	10x	as long as short
Extended MSTR_24_5-USD	+0.0032%	1h	162.77	−0.082%	$593K	$2.0M	10x	as long as short
Injective MSTR/USDC PERP	+0.0033%	1h	169.34	+3.953%	$8K	$25K	30x	as long as short
Arcus MSTR-USD	+0.0040%	1h	163.04	+0.086%	$26K	$114K	10x	as long as short
Vest MSTR-USD-PERPshort	+0.0046%	1h	162.82	−0.049%	—	$1.7M	25x
Polymarket Perps MSTR-USD	+0.0050%	1h	162.88	−0.012%	$377K	$2.7M	10x	as long as short
SoDEX MSTR-USDlong	+0.0050%	1h	162.90	long leg	$43K	$3K	10x
Ondo Perps MSTR-USD.P	+0.0050%	1h	162.87	−0.018%	$902K	$3.7M	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX MSTR-USD	+0.0061%	1h	162.94	+0.025%	$1.3M	$7.0M	10x	as long as short
Pacifica MSTR	+0.0100%	1h	162.86	−0.025%	$100K	$89K	10x	as long as short
KuCoin MSTRUSDTM	+0.0100%	8h	162.94	+0.025%	$2.3M	$2.7M	20x	as long as short
ApeX Omni MSTRUSDT	+0.0100%	1h	162.87	−0.018%	$6K	$182K	50x	as long as short
Orderly PERP_MSTR_USDC_mythos	+0.0100%	8h	163.07	+0.104%	$3K	$13K	10x	as long as short
Aevo MSTR-PERP	+0.0104%	1h	163.03	+0.081%	$135	—	10x	as long as short
Coinbase International MSTR-PERP-INTX	+0.0120%	1h	162.62	−0.172%	$1.4M	$1.1M	10x	as long as short
Aster MSTRUSDT	+0.0130%	8h	162.98	+0.046%	$1.8M	$8.7M	50x	as long as short
Paradex MSTR-USD-PERP	+0.0179%	8h	162.94	+0.026%	$65	—	5x	as long as short
Nado MSTR-PERP	+0.0191%	1h	162.91	+0.006%	$125K	$157K	3x	as long as short
Lighter MSTR	+0.0192%	1h	162.96	+0.037%	$3.5M	$1.7M	10x	as long as short
OKX MSTR-USDT-SWAP	+0.0237%	8h	163.17	+0.166%	$20.8M	$98.5M	50x	as long as short
Variational Omni MSTR	+0.0245%	8h	163.03	+0.079%	$1.2M	$2.0M	—	as long as short
Binance MSTRUSDT	+0.0325%	8h	163.00	+0.060%	$84.4M	$618.0M	50x	as long as short
RISEx MSTR/USDC	+0.0400%	1h	162.93	+0.018%	$268K	$402K	10x	as long as short
tradeXYZ xyz:MSTR	+0.0445%	1h	162.88	−0.012%	$53.6M	$37.5M	10x	as long as short
BloFin MSTR-USDT	+0.0445%	8h	162.93	+0.018%	$1.0M	$2.1M	20x	as long as short
Phoenix MSTR	+0.0460%	1h	163.06	+0.098%	$55K	$223K	10x	as long as short
edgeX MSTRUSDC	+0.0487%	4h	163.17	+0.164%	$47K	$5.4M	10x	as long as short
GRVT MSTR_USDT_Perp	+0.0596%	8h	163.13	+0.138%	$84K	$853K	10x	as long as short
Bybit MSTRUSDT	+0.0656%	8h	163.10	+0.123%	$17.1M	$41.2M	50x	as long as short
Deribit MSTR_USDC-PERPETUAL	+0.0732%	1h	163.10	+0.123%	$277K	$430K	10x	as long as short