Funding you earn now, next payment 05:00 UTC−0.0008%/8h= −0.9% APRpaid last 24h −0.011%
Price spread now: Pacifica against Variational Omni−0.207%7-day average −0.075% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.124%+$12 on $10k
+Price spread, last 4 days (all we have)−0.794%−$79 · spread now −0.207%, 7d avg −0.075%
=Together, before fees−0.670%+ Points / potential airdropVariational Omni: Active · Pacifica: Active · farm board−$67 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Pacifica is 0.132% cheaper against Variational Omni than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of −0.075%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni MSTR | 164.33 | 0.0108 | pay 0.0108% / 8h | 3h 27m | $1.2M | $2.1M | — |
| Short | Pacifica MSTR | 163.99 | 0.0100 | get 0.0013% / 1h | 27m 32s | $100K | $84K | 10x |
Variational Omni MSTR
Pacifica MSTRFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against Variational Omni. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$1.66
- Price spread: −0.207% → −0.075%
- −$13.19
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$22.84
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Pacifica: live order book, 25 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Variational Omni RFQ quote, 2 min ago | 2.99 bp | doesn't fit | 16.4 bp −$164 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 25 min ago | 0.03 bp | 10.0 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
MSTR on 32 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget MSTRUSDT | −0.0919% | 8h | 164.14 | −0.113% | $27.9M | $115.5M | 25x | as long as short |
| Aster MSTRUSDT | 0.0000% | 8h | 164.04 | −0.174% | $1.8M | $8.6M | 50x | as long as short |
| Gate MSTR_USDT | 0.0000% | 8h | 164.08 | −0.150% | $4.6M | $19.1M | 50x | as long as short |
| Phemex MSTRUSDT | 0.0000% | 4h | 164.05 | −0.168% | $2.8M | $77K | 10x | as long as short |
| Extended MSTR_24_5-USD | +0.0032% | 1h | 163.88 | −0.275% | $589K | $1.9M | 10x | as long as short |
| Injective MSTR/USDC PERP | +0.0033% | 1h | 169.34 | +3.051% | $8K | $26K | 30x | as long as short |
| Lighter MSTR | +0.0040% | 1h | 163.96 | −0.223% | $3.5M | $1.9M | 10x | as long as short |
| Arcus MSTR-USD | +0.0040% | 1h | 164.18 | −0.089% | $26K | $109K | 10x | as long as short |
| Vest MSTR-USD-PERP | +0.0046% | 1h | 163.86 | −0.284% | — | $1.7M | 25x | as long as short |
| OKX MSTR-USDT-SWAP | +0.0050% | 8h | 163.99 | −0.205% | $20.7M | $99.0M | 50x | as long as short |
Bitget MSTRUSDT
Aster MSTRUSDT
Gate MSTR_USDT
Phemex MSTRUSDT
Extended MSTR_24_5-USD
Injective MSTR/USDC PERP
Lighter MSTR
Arcus MSTR-USD
Vest MSTR-USD-PERP
OKX MSTR-USDT-SWAPShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps MSTR-USD | +0.0050% | 1h | 163.97 | −0.217% | $379K | $2.7M | 10x | as long as short |
| SoDEX MSTR-USD | +0.0050% | 1h | 163.97 | −0.217% | $43K | $3K | 10x | as long as short |
| Ondo Perps MSTR-USD.P | +0.0050% | 1h | 163.84 | −0.296% | $868K | $3.9M | 10x | as long as short |
| Paradex MSTR-USD-PERP | +0.0063% | 8h | 163.99 | −0.203% | $66 | — | 5x | as long as short |
| QFEX MSTR-USD | +0.0067% | 1h | 163.99 | −0.205% | $1.4M | $7.3M | 10x | as long as short |
| Pacifica MSTRshort | +0.0100% | 1h | 163.99 | −0.207% | $100K | $84K | 10x | |
| KuCoin MSTRUSDTM | +0.0100% | 8h | 163.96 | −0.223% | $2.4M | $2.7M | 20x | as long as short |
| ApeX Omni MSTRUSDT | +0.0100% | 1h | 164.19 | −0.083% | $6K | $182K | 50x | as long as short |
| Orderly PERP_MSTR_USDC_mythos | +0.0100% | 8h | 163.99 | −0.205% | $4K | $8K | 10x | as long as short |
| Aevo MSTR-PERP | +0.0104% | 1h | 163.99 | −0.202% | $136 | — | 10x | as long as short |
| Variational Omni MSTRlong | +0.0108% | 8h | 164.33 | long leg | $1.2M | $2.1M | — | |
| Coinbase International MSTR-PERP-INTX | +0.0168% | 1h | 163.88 | −0.272% | $1.4M | $1.1M | 10x | as long as short |
| Binance MSTRUSDT | +0.0171% | 8h | 164.01 | −0.192% | $86.5M | $616.5M | 50x | as long as short |
| GRVT MSTR_USDT_Perp | +0.0173% | 8h | 164.17 | −0.095% | $75K | $825K | 10x | as long as short |
| RISEx MSTR/USDC | +0.0231% | 1h | 164.01 | −0.189% | $266K | $445K | 10x | as long as short |
| tradeXYZ xyz:MSTR | +0.0254% | 1h | 164.00 | −0.199% | $54.6M | $37.0M | 10x | as long as short |
| Nado MSTR-PERP | +0.0262% | 1h | 163.93 | −0.242% | $121K | $148K | 3x | as long as short |
| BloFin MSTR-USDT | +0.0291% | 8h | 164.19 | −0.083% | $1.0M | $2.0M | 20x | as long as short |
| Bybit MSTRUSDT | +0.0337% | 8h | 164.07 | −0.156% | $16.7M | $41.0M | 50x | as long as short |
| Phoenix MSTR | +0.0340% | 1h | 164.28 | −0.026% | $56K | $226K | 10x | as long as short |
| edgeX MSTRUSDC | +0.0533% | 4h | 164.14 | −0.111% | $49K | $5.3M | 10x | as long as short |
| Deribit MSTR_USDC-PERPETUAL | +0.0543% | 1h | 163.99 | −0.205% | $279K | $438K | 10x | as long as short |
Polymarket Perps MSTR-USD
SoDEX MSTR-USD
Ondo Perps MSTR-USD.P
Paradex MSTR-USD-PERP
QFEX MSTR-USD
KuCoin MSTRUSDTM
ApeX Omni MSTRUSDT
Orderly PERP_MSTR_USDC_mythos
Aevo MSTR-PERP
Coinbase International MSTR-PERP-INTX
Binance MSTRUSDT
GRVT MSTR_USDT_Perp
RISEx MSTR/USDC
tradeXYZ xyz:MSTR
Nado MSTR-PERP
BloFin MSTR-USDT
Bybit MSTRUSDT
Phoenix MSTR
edgeX MSTRUSDC
Deribit MSTR_USDC-PERPETUAL