Funding you earn now, next payment 02:00 UTC+0.0005%/8h= +0.5% APRnext payment +$0.01 per $10,000 · paid last 24h +0.001%
Price spread now: Ondo Perps against Vest−0.018%7-day average +0.794% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.150%+$15 on $10k
+Price spread, last 3 days (all we have)−0.229%−$23 · spread now −0.018%, 7d avg +0.794%
=Together, before fees−0.080%+ Points / potential airdropVest: Active · Ondo Perps: Active · farm board−$8 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: Ondo Perps is 0.812% cheaper against Vest than usual: you would sell low and buy high, −$81 on $10k if it goes back to its 7-day average of +0.794%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest MSTR-USD-PERP | 165.38 | 0.0046 | pay 0.0006% / 1h | 57m 33s | — | $1.8M | 25x |
| Short | Ondo Perps MSTR-USD.P | 165.35 | 0.0050 | get 0.0006% / 1h | 57m 33s | $768K | $4.7M | 10x |
Vest MSTR-USD-PERP
Ondo Perps MSTR-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Vest. 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
- $0.99
- Price spread: −0.018% → +0.794%
- −$81.17
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$87.18
- Costs to cover
- 0.070%
- Break-even
- 622.7 days
Slippage unknown: Vest: no order-book sample; Ondo Perps: no order-book sample. 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 Vest no order-book sample | — | — | — | — | — |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Vest and Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate MSTR_USDT | −0.0269% | 8h | 165.57 | +0.115% | $4.6M | $18.6M | 50x | as long as short |
| BloFin MSTR-USDT | −0.0020% | 8h | 166.27 | +0.538% | $1.1M | $1.9M | 20x | as long as short |
| Bitget MSTRUSDT | −0.0011% | 8h | 165.56 | +0.109% | $27.2M | $114.4M | 25x | as long as short |
| Aster MSTRUSDT | 0.0000% | 8h | 165.57 | +0.115% | $1.2M | $6.1M | 50x | as long as short |
| Binance MSTRUSDT | 0.0000% | 8h | 165.51 | +0.078% | $87.2M | $618.3M | 50x | as long as short |
| OKX MSTR-USDT-SWAP | 0.0000% | 8h | 165.47 | +0.054% | $21.1M | $100.0M | 50x | as long as short |
| RISEx MSTR/USDC | 0.0000% | 1h | 165.52 | +0.085% | $271K | $436K | 10x | as long as short |
| Variational Omni MSTR | 0.0000% | 8h | 166.01 | +0.378% | $1.2M | $2.0M | — | as long as short |
| GRVT MSTR_USDT_Perp | 0.0000% | 8h | 166.23 | +0.514% | $84K | $812K | 10x | as long as short |
| Phemex MSTRUSDT | 0.0000% | 4h | 166.22 | +0.508% | $2.8M | $67K | 10x | as long as short |
Gate MSTR_USDT
BloFin MSTR-USDT
Bitget MSTRUSDT
Aster MSTRUSDT
Binance MSTRUSDT
OKX MSTR-USDT-SWAP
RISEx MSTR/USDC
Variational Omni MSTR
GRVT MSTR_USDT_Perp
Phemex MSTRUSDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended MSTR_24_5-USD | +0.0032% | 1h | 165.27 | −0.067% | $570K | $1.9M | 10x | as long as short |
| Arcus MSTR-USD | +0.0040% | 1h | 166.09 | +0.429% | $27K | $113K | 10x | as long as short |
| Vest MSTR-USD-PERPlong | +0.0046% | 1h | 165.38 | long leg | — | $1.8M | 25x | |
| Polymarket Perps MSTR-USD | +0.0050% | 1h | 165.42 | +0.024% | $388K | $2.7M | 10x | as long as short |
| SoDEX MSTR-USD | +0.0050% | 1h | 165.64 | +0.157% | $44K | $3K | 10x | as long as short |
| Ondo Perps MSTR-USD.Pshort | +0.0050% | 1h | 165.35 | −0.018% | $768K | $4.7M | 10x | |
| Lighter MSTR | +0.0064% | 1h | 165.47 | +0.054% | $3.5M | $1.9M | 10x | as long as short |
| QFEX MSTR-USD | +0.0064% | 1h | 165.46 | +0.048% | $1.4M | $8.5M | 10x | as long as short |
| Pacifica MSTR | +0.0100% | 1h | 165.50 | +0.075% | $103K | $85K | 10x | as long as short |
| KuCoin MSTRUSDTM | +0.0100% | 8h | 165.49 | +0.067% | $2.5M | $2.7M | 20x | as long as short |
| ApeX Omni MSTRUSDT | +0.0100% | 1h | 166.10 | +0.435% | $4K | $204K | 50x | as long as short |
| Orderly PERP_MSTR_USDC_mythos | +0.0100% | 8h | 165.65 | +0.163% | $3K | $7K | 10x | as long as short |
| Aevo MSTR-PERP | +0.0104% | 1h | 165.62 | +0.144% | $137 | — | 10x | as long as short |
| Paradex MSTR-USD-PERP | +0.0116% | 8h | 165.39 | +0.009% | $66 | — | 5x | as long as short |
| Coinbase International MSTR-PERP-INTX | +0.0168% | 1h | 165.71 | +0.200% | $1.4M | $1.1M | 10x | as long as short |
| tradeXYZ xyz:MSTR | +0.0194% | 1h | 165.40 | +0.012% | $55.7M | $36.1M | 10x | as long as short |
| Phoenix MSTR | +0.0259% | 1h | 166.44 | +0.643% | $56K | $219K | 10x | as long as short |
| Bybit MSTRUSDT | +0.0314% | 8h | 165.58 | +0.121% | $17.2M | $40.8M | 50x | as long as short |
| Injective MSTR/USDC PERP | +0.0341% | 1h | 169.34 | +2.394% | $8K | $26K | 30x | as long as short |
| Nado MSTR-PERP | +0.0367% | 1h | 165.36 | −0.012% | $134K | $129K | 3x | as long as short |
| edgeX MSTRUSDC | +0.0459% | 4h | 166.09 | +0.431% | $43K | $5.4M | 10x | as long as short |
| Deribit MSTR_USDC-PERPETUAL | +0.1080% | 1h | 165.68 | +0.181% | $282K | $438K | 10x | as long as short |
Extended MSTR_24_5-USD
Arcus MSTR-USD
Polymarket Perps MSTR-USD
SoDEX MSTR-USD
Lighter MSTR
QFEX MSTR-USD
Pacifica MSTR
KuCoin MSTRUSDTM
ApeX Omni MSTRUSDT
Orderly PERP_MSTR_USDC_mythos
Aevo MSTR-PERP
Paradex MSTR-USD-PERP
Coinbase International MSTR-PERP-INTX
tradeXYZ xyz:MSTR
Phoenix MSTR
Bybit MSTRUSDT
Injective MSTR/USDC PERP
Nado MSTR-PERP
edgeX MSTRUSDC
Deribit MSTR_USDC-PERPETUAL