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

MSTR

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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding spread now, next payment 15:00 UTC+0.0431%/8h
next payment, per $10,000+$0.54paid, last 24h+0.077%paid, last 4 days+0.234%to open and close $10k−$45
Long on tradeXYZShort on Deribit
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:MSTR165.990.0220pay 0.0027% / 1h20m 30s$56.6M$30.0M10x
ShortDeribit MSTR_USDC-PERPETUAL166.610.0651get 0.0081% / 1h20m 30s$283K$450K10x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
$90.56
Slippage, 4 orders
−$20.45
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$45.11
Break-even
3.5 days
Slippage from tradeXYZ: live order book, 10 min ago; Deribit: live order book, 35 min ago.

Price risk

price view
Price gap now
+0.374%
Avg gap 7d
+0.082%
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 tradeXYZ live order book, 10 min ago0.90 bp9.9 bp −$1012.1 bp −$121doesn't fitdoesn't fit
Sell Deribit live order book, 35 min ago3.31 bp17.0 bp −$17doesn't fitdoesn'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$123K30xas long as short
Gate MSTR_USDT0.0000%8h$5.0M$18.7M50xas long as short
Phemex MSTRUSDT0.0000%4h$2.8M$30K10xas long as short
Extended MSTR_24_5-USD+0.0032%1h$504K$2.3M10xas long as short
Vest MSTR-USD-PERP+0.0046%1h—$1.3M25xas long as short
Polymarket Perps MSTR-USD+0.0050%1h$415K$1.7M10xas long as short
SoDEX MSTR-USD+0.0050%1h$44K$3K10xas long as short
Ondo Perps MSTR-USD.P+0.0050%1h$869K$4.4M10xas long as short
QFEX MSTR-USD+0.0057%1h$1.3M$8.9M10xas long as short
Pacifica MSTR+0.0100%1h$102K$176K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
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$138—10xas long as short
Nado MSTR-PERP+0.0107%1h$155K$245K3xas long as short
Paradex MSTR-USD-PERP+0.0120%8h$66—5xas long as short
KuCoin MSTRUSDTM+0.0156%8h$3.2M$2.1M20xas long as short
Coinbase International MSTR-PERP-INTX+0.0160%1h$1.5M$1.2M10xas long as short
Lighter MSTR+0.0192%1h$3.6M$2.9M10xas long as short
Bybit MSTRUSDT+0.0197%8h$15.7M$41.7M50xas long as short
tradeXYZ xyz:MSTRlong+0.0220%1h$56.6M$30.0M10x
Phoenix MSTR+0.0320%1h$55K$334K10xas long as short
Variational Omni MSTR+0.0332%8h$1.3M$2.1M—as long as short
OKX MSTR-USDT-SWAP+0.0358%8h$21.9M$97.4M50xas long as short
Bitget MSTRUSDT+0.0396%8h$28.7M$106.6M25xas long as short
Binance MSTRUSDT+0.0411%8h$88.3M$484.4M50xas long as short
Aster MSTRUSDT+0.0442%8h$1.6M$5.0M50xas long as short
BloFin MSTR-USDT+0.0536%8h$1.1M$1.4M20xas long as short
RISEx MSTR/USDC+0.0566%1h$196K$392K10xas long as short
edgeX MSTRUSDC+0.0599%4h$63K$4.2M10xas long as short
Deribit MSTR_USDC-PERPETUALshort+0.0651%1h$283K$450K10x
Arcus MSTR-USD+0.0991%1h$26K$121K10xas long as short