Settings8H · net · $10k
Funding arb · Price arb /

MSTR

RWAall MSTR markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0592%/8h= −64.8% APRpaid last 24h −0.033%
Price spread now: Gate against tradeXYZ−0.030%7-day average +0.081% · you buy dearer than you sell
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$520.522% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.090%+$9 on $10k
Price spread, last 7 days+0.077%+$8 · spread now −0.030%, 7d avg +0.081%
Together, before fees+0.167%+ Points / potential airdroptradeXYZ: Active · farm board+$17 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and Gate is 0.112% cheaper against tradeXYZ than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.081%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.090%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.090% in total (about 4.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:MSTR164.240.0353pay 0.0044% / 1h37m 11s$55.3M$36.3M10x
ShortGate MSTR_USDT164.19−0.0239pay 0.0239% / 8h6h 37m$4.6M$18.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against tradeXYZ. 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

Funding earned
−$124.3
Price spread: −0.030% → +0.081%
−$11.18
Slippage, 4 orders
−$19.21
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$187.69
Costs to cover
0.522%
Break-even
never at this rate
Slippage from tradeXYZ: live order book, 12 min ago; Gate: live order book, 2 min ago.

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, 12 min ago0.61 bp10.2 bp −$1013.1 bp −$131doesn't fitdoesn't fit
Sell Gate live order book, 2 min ago3.05 bp18.6 bp −$1941.6 bp −$416doesn't fitdoesn't fit

MSTR on 32 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget MSTRUSDT−0.0800%8h164.37+0.079%$27.1M$116.0M25xas long as short
Gate MSTR_USDTshort−0.0239%8h164.19−0.030%$4.6M$18.9M50x
Aster MSTRUSDT0.0000%8h164.28+0.027%$1.2M$6.1M50xas long as short
OKX MSTR-USDT-SWAP0.0000%8h164.20−0.024%$20.8M$100.8M50xas long as short
RISEx MSTR/USDC0.0000%1h164.24−0.001%$269K$436K10xas long as short
Variational Omni MSTR0.0000%8h164.35+0.067%$1.2M$2.1Mas long as short
GRVT MSTR_USDT_Perp0.0000%8h164.19−0.027%$75K$810K10xas long as short
Phemex MSTRUSDT0.0000%4h164.30+0.037%$2.8M$67K10xas long as short
BloFin MSTR-USDT+0.0011%8h165.55+0.798%$1.1M$1.9M20xas long as short
edgeX MSTRUSDC+0.0016%4h163.85−0.239%$48K$5.5M10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance MSTRUSDT+0.0018%8h164.18−0.037%$87.2M$626.7M50xas long as short
Extended MSTR_24_5-USD+0.0032%1h163.93−0.189%$596K$2.0M10xas long as short
Arcus MSTR-USD+0.0040%1h164.23−0.006%$26K$113K10xas long as short
Vest MSTR-USD-PERP+0.0046%1h164.02−0.134%$1.8M25xas long as short
SoDEX MSTR-USD+0.0050%1h164.09−0.091%$43K$3K10xas long as short
Ondo Perps MSTR-USD.P+0.0050%1h163.85−0.237%$884K$4.8M10xas long as short
QFEX MSTR-USD+0.0064%1h164.34+0.061%$1.4M$8.5M10xas long as short
Pacifica MSTR+0.0100%1h164.22−0.013%$101K$86K10xas long as short
KuCoin MSTRUSDTM+0.0100%8h164.13−0.067%$2.4M$2.7M20xas long as short
ApeX Omni MSTRUSDT+0.0100%1h163.80−0.268%$4K$203K50xas long as short
Orderly PERP_MSTR_USDC_mythos+0.0100%8h164.12−0.073%$3K$7K10xas long as short
Aevo MSTR-PERP+0.0104%1h164.13−0.065%$13610xas long as short
Polymarket Perps MSTR-USD+0.0122%1h164.25+0.006%$381K$2.7M10xas long as short
Lighter MSTR+0.0128%1h164.12−0.073%$3.5M$1.9M10xas long as short
Paradex MSTR-USD-PERP+0.0164%8h164.17−0.041%$665xas long as short
Coinbase International MSTR-PERP-INTX+0.0168%1h164.04−0.122%$1.4M$1.1M10xas long as short
Injective MSTR/USDC PERP+0.0341%1h169.34+3.105%$8K$26K30xas long as short
tradeXYZ xyz:MSTRlong+0.0353%1h164.24long leg$55.3M$36.3M10x
Phoenix MSTR+0.0381%1h164.13−0.067%$55K$219K10xas long as short
Nado MSTR-PERP+0.0403%1h164.06−0.111%$111K$143K3xas long as short
Bybit MSTRUSDT+0.0440%8h164.28+0.024%$17.2M$41.3M50xas long as short
Deribit MSTR_USDC-PERPETUAL+0.0786%1h164.22−0.012%$279K$438K10xas long as short