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 16:00 UTC−0.0284%/8h
paid, last 24h+0.010%paid, last 3 days+0.189%to open and closeno order book
Long on Variational OmniShort on Injective
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni MSTR167.580.0317pay 0.0317% / 8h43m 22s$1.3M$2.2M—
ShortInjective MSTR/USDC PERP166.940.0033get 0.0004% / 1h43m 22s$12K$97K30x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
−$59.7
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$59.72
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Injective: live order book, 67 min ago. Net counts fees only.

Price risk

price view
Price gap now
−0.379%
Avg gap 7d
−0.375%
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, 2 min ago2.95 bpdoesn't fit17.4 bp −$174doesn't fitdoesn't fit
Sell Injective live order book, 67 min ago20.53 bp20.5 bp −$2123.0 bp −$230doesn'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$18.5M50xas long as short
Phemex MSTRUSDT0.0000%4h$2.8M$36K10xas long as short
Injective MSTR/USDC PERPshort+0.0033%1h$12K$97K30x
Vest MSTR-USD-PERP+0.0046%1h—$1.6M25xas long as short
SoDEX MSTR-USD+0.0050%1h$44K$3K10xas long as short
Ondo Perps MSTR-USD.P+0.0050%1h$917K$4.6M10xas long as short
QFEX MSTR-USD+0.0057%1h$1.3M$9.1M10xas long as short
Extended MSTR_24_5-USD+0.0072%1h$510K$2.3M10xas long as short
Nado MSTR-PERP+0.0079%1h$128K$263K3xas long as short
Polymarket Perps MSTR-USD+0.0085%1h$405K$2.1M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
edgeX MSTRUSDC+0.0089%4h$62K$4.6M10xas long as short
Pacifica MSTR+0.0100%1h$102K$167K10xas long as short
ApeX Omni MSTRUSDT+0.0100%1h$133K$2.2M50xas long as short
Orderly PERP_MSTR_USDC_mythos+0.0100%8h$3K$14K10xas long as short
Aevo MSTR-PERP+0.0104%1h$139—10xas long as short
Coinbase International MSTR-PERP-INTX+0.0112%1h$1.5M$1.2M10xas long as short
Paradex MSTR-USD-PERP+0.0131%8h$67—5xas long as short
Lighter MSTR+0.0152%1h$3.6M$2.9M10xas long as short
KuCoin MSTRUSDTM+0.0174%8h$2.6M$2.6M20xas long as short
Phoenix MSTR+0.0216%1h$54K$364K10xas long as short
Bybit MSTRUSDT+0.0232%8h$15.7M$43.1M50xas long as short
tradeXYZ xyz:MSTR+0.0250%1h$57.1M$31.7M10xas long as short
Variational Omni MSTRlong+0.0317%8h$1.3M$2.2M—
OKX MSTR-USDT-SWAP+0.0326%8h$22.2M$100.5M50xas long as short
Bitget MSTRUSDT+0.0377%8h$29.1M$110.0M25xas long as short
Binance MSTRUSDT+0.0382%8h$89.3M$530.0M50xas long as short
Aster MSTRUSDT+0.0400%8h$1.3M$5.9M50xas long as short
RISEx MSTR/USDC+0.0486%1h$305K$458K10xas long as short
BloFin MSTR-USDT+0.0502%8h$1.1M$1.4M20xas long as short
Deribit MSTR_USDC-PERPETUAL+0.0589%1h$284K$456K10xas long as short
Arcus MSTR-USD+0.0705%1h$26K$123K10xas long as short