data as of
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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 16:00 UTC+0.0059%/8h
next payment, per $10,000+$0.59paid, last 24h−0.009%paid, last 3 days+0.091%to open and closeno order book
Long on Variational OmniShort on Aster
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni MSTR166.930.0270pay 0.0270% / 8h7m 17s$1.3M$2.2M—
ShortAster MSTRUSDT166.760.0329get 0.0329% / 8h7m 17s$1.3M$5.9M50x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
$12.3
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Aster: 4 bp × 2 orders
−$8
Net
$4.3
Break-even
4.6 days
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Aster: live order book, 3 min ago. Net counts fees only.

Price risk

price view
Price gap now
−0.099%
Avg gap 7d
−0.028%
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 Variational Omni RFQ quote, 3 min ago2.96 bpdoesn't fit15.8 bp −$158doesn't fitdoesn't fit
Sell Aster live order book, 3 min ago1.20 bp6.5 bp −$724.0 bp −$240doesn't fitdoesn't fit

MSTR on 31 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Gate MSTR_USDT0.0000%8h$4.9M$19.1M50xas long as short
Phemex MSTRUSDT0.0000%4h$2.8M$37K10xas long as short
Nado MSTR-PERP+0.0020%1h$128K$257K3xas long as short
Extended MSTR_24_5-USD+0.0032%1h$502K$2.2M10xas long as short
Injective MSTR/USDC PERP+0.0033%1h$12K$97K30xas long as short
Vest MSTR-USD-PERP+0.0046%1h—$1.7M25xas long as short
Polymarket Perps MSTR-USD+0.0050%1h$404K$2.2M10xas long as short
SoDEX MSTR-USD+0.0050%1h$44K$3K10xas long as short
Ondo Perps MSTR-USD.P+0.0050%1h$845K$4.6M10xas long as short
Lighter MSTR+0.0056%1h$3.6M$2.9M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
QFEX MSTR-USD+0.0057%1h$1.3M$9.2M10xas long as short
Paradex MSTR-USD-PERP+0.0099%8h$67—5xas long as short
Pacifica MSTR+0.0100%1h$102K$153K10xas long as short
ApeX Omni MSTRUSDT+0.0100%1h$130K$1.9M50xas long as short
Orderly PERP_MSTR_USDC_mythos+0.0100%8h$3K$12K10xas long as short
Aevo MSTR-PERP+0.0104%1h$138—10xas long as short
KuCoin MSTRUSDTM+0.0109%8h$2.6M$2.6M20xas long as short
Coinbase International MSTR-PERP-INTX+0.0112%1h$1.5M$1.2M10xas long as short
tradeXYZ xyz:MSTR+0.0169%1h$56.7M$31.5M10xas long as short
Phoenix MSTR+0.0216%1h$54K$364K10xas long as short
Bybit MSTRUSDT+0.0230%8h$15.5M$43.3M50xas long as short
OKX MSTR-USDT-SWAP+0.0269%8h$22.2M$101.3M50xas long as short
Variational Omni MSTRlong+0.0270%8h$1.3M$2.2M—
Binance MSTRUSDT+0.0324%8h$89.1M$545.0M50xas long as short
Aster MSTRUSDTshort+0.0329%8h$1.3M$5.9M50x
Bitget MSTRUSDT+0.0330%8h$28.8M$110.7M25xas long as short
Deribit MSTR_USDC-PERPETUAL+0.0411%1h$283K$452K10xas long as short
BloFin MSTR-USDT+0.0444%8h$1.1M$1.4M20xas long as short
RISEx MSTR/USDC+0.0486%1h$297K$476K10xas long as short
edgeX MSTRUSDC+0.0645%4h$40K$4.8M10xas long as short
Arcus MSTR-USD+0.0705%1h$26K$126K10xas long as short