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 19:00 UTC+0.0016%/8h
paid, last 24h−0.004%paid, last 3 days−0.074%to open and closeno order book
Long on Variational OmniShort on Nado
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni MSTR165.260.0132pay 0.0132% / 8h5h 53m$1.2M$2.4M—
ShortNado MSTR-PERP165.440.0148get 0.0019% / 1h53m 51s$123K$240K3x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$3.26
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$3.74
Break-even
15.0 days
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Nado: live order book, 45 min ago. Net counts fees only.

Price risk

price view
Price gap now
+0.112%
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, 2 min ago3.00 bpdoesn't fit12.7 bp −$127doesn't fitdoesn't fit
Sell Nado live order book, 45 min ago7.51 bp28.2 bp −$2882.7 bp −$827doesn't fitdoesn't fit

MSTR on 31 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
RISEx MSTR/USDC0.0000%1h$285K$464K10xas long as short
Gate MSTR_USDT0.0000%8h$4.8M$18.5M50xas long as short
Phemex MSTRUSDT0.0000%4h$2.8M$45K10xas long as short
Extended MSTR_24_5-USD+0.0032%1h$574K$2.1M10xas long as short
Vest MSTR-USD-PERP+0.0046%1h—$1.8M25xas long as short
SoDEX MSTR-USD+0.0050%1h$44K$3K10xas long as short
Ondo Perps MSTR-USD.P+0.0050%1h$775K$4.7M10xas long as short
QFEX MSTR-USD+0.0065%1h$1.4M$9.7M10xas long as short
Polymarket Perps MSTR-USD+0.0076%1h$399K$2.3M10xas long as short
Lighter MSTR+0.0080%1h$3.5M$2.6M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Pacifica MSTR+0.0100%1h$101K$153K10xas long as short
KuCoin MSTRUSDTM+0.0100%8h$2.6M$2.6M20xas long as short
ApeX Omni MSTRUSDT+0.0100%1h$4K$1.4M50xas 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
Coinbase International MSTR-PERP-INTX+0.0104%1h$1.4M$1.1M10xas long as short
Paradex MSTR-USD-PERP+0.0106%8h$66—5xas long as short
Variational Omni MSTRlong+0.0132%8h$1.2M$2.4M—
Nado MSTR-PERPshort+0.0148%1h$123K$240K3x
OKX MSTR-USDT-SWAP+0.0151%8h$22.0M$102.1M50xas long as short
tradeXYZ xyz:MSTR+0.0171%1h$56.3M$33.6M10xas long as short
Aster MSTRUSDT+0.0175%8h$1.3M$6.1M50xas long as short
edgeX MSTRUSDC+0.0183%4h$44K$5.2M10xas long as short
Injective MSTR/USDC PERP+0.0188%1h$12K$48K30xas long as short
Binance MSTRUSDT+0.0188%8h$88.1M$592.8M50xas long as short
Phoenix MSTR+0.0237%1h$54K$379K10xas long as short
Bitget MSTRUSDT+0.0243%8h$28.5M$112.8M25xas long as short
Bybit MSTRUSDT+0.0302%8h$15.4M$40.3M50xas long as short
BloFin MSTR-USDT+0.0306%8h$1.1M$1.6M20xas long as short
Arcus MSTR-USD+0.0553%1h$27K$119K10xas long as short
Deribit MSTR_USDC-PERPETUAL+0.0656%1h$282K$488K10xas long as short