MSTR

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0064%/8h= −7.0% APRnext payment −$0.08 per $10,000 · paid last 24h +0.080%

Price spread now: Arcus against Aevo+0.162%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aevo Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Arcus is 0.162% dearer against Aevo than usual: you sell high and buy low (spread +0.162% now, against zero (this spread has no 7-day history yet)): +$16 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 8.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo MSTR-PERP	163.69	0.0104	pay 0.0013% / 1h	21m 33s	$136	—	10x
Short	Arcus MSTR-USD	163.95	0.0040	get 0.0005% / 1h	21m 33s	$26K	$110K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Aevo. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee AevobpFee ArcusbpOrdersPrice spread, now +0.162%Rate

Funding earned: −$13.38
Price spread: +0.162% → 0.000%: $16.16
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$17.73
Costs to cover: 0.205%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; Arcus: live order book, 31 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 Aevo no order-book sample	—	—	—	—	—
Sell Arcus live order book, 31 min ago	6.07 bp	11.0 bp −$11	33.0 bp −$330	doesn't fit	doesn't fit

Aevo: 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
Bitget MSTRUSDT	−0.0948%	8h	164.15	+0.284%	$27.3M	$116.3M	25x	as long as short
Aster MSTRUSDT	0.0000%	8h	163.98	+0.182%	$1.8M	$8.6M	50x	as long as short
Gate MSTR_USDT	0.0000%	8h	164.04	+0.217%	$4.6M	$19.2M	50x	as long as short
Phemex MSTRUSDT	0.0000%	4h	163.73	+0.027%	$2.8M	$77K	10x	as long as short
Lighter MSTR	+0.0032%	1h	163.93	+0.149%	$3.5M	$1.9M	10x	as long as short
Extended MSTR_24_5-USD	+0.0032%	1h	163.88	+0.116%	$588K	$1.9M	10x	as long as short
Injective MSTR/USDC PERP	+0.0033%	1h	169.34	+3.454%	$8K	$26K	30x	as long as short
Arcus MSTR-USDshort	+0.0040%	1h	163.95	+0.162%	$26K	$110K	10x
OKX MSTR-USDT-SWAP	+0.0045%	8h	164.03	+0.210%	$20.7M	$99.0M	50x	as long as short
Vest MSTR-USD-PERP	+0.0046%	1h	163.74	+0.033%	—	$1.7M	25x	as long as short

Show 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	+0.174%	$380K	$2.7M	10x	as long as short
SoDEX MSTR-USD	+0.0050%	1h	163.72	+0.021%	$43K	$3K	10x	as long as short
Ondo Perps MSTR-USD.P	+0.0050%	1h	163.54	−0.089%	$846K	$3.9M	10x	as long as short
Paradex MSTR-USD-PERP	+0.0065%	8h	163.98	+0.181%	$66	—	5x	as long as short
QFEX MSTR-USD	+0.0067%	1h	163.95	+0.162%	$1.4M	$7.3M	10x	as long as short
Pacifica MSTR	+0.0100%	1h	163.93	+0.146%	$100K	$84K	10x	as long as short
KuCoin MSTRUSDTM	+0.0100%	8h	163.85	+0.100%	$2.4M	$2.7M	20x	as long as short
ApeX Omni MSTRUSDT	+0.0100%	1h	163.77	+0.052%	$6K	$182K	50x	as long as short
Orderly PERP_MSTR_USDC_mythos	+0.0100%	8h	163.67	−0.010%	$4K	$8K	10x	as long as short
Aevo MSTR-PERPlong	+0.0104%	1h	163.69	long leg	$136	—	10x
Variational Omni MSTR	+0.0106%	8h	163.95	+0.164%	$1.2M	$2.1M	—	as long as short
Binance MSTRUSDT	+0.0165%	8h	164.05	+0.221%	$86.6M	$617.5M	50x	as long as short
Coinbase International MSTR-PERP-INTX	+0.0168%	1h	163.88	+0.119%	$1.4M	$1.1M	10x	as long as short
GRVT MSTR_USDT_Perp	+0.0171%	8h	164.00	+0.192%	$75K	$825K	10x	as long as short
RISEx MSTR/USDC	+0.0231%	1h	164.03	+0.210%	$266K	$445K	10x	as long as short
Nado MSTR-PERP	+0.0255%	1h	163.82	+0.079%	$121K	$148K	3x	as long as short
tradeXYZ xyz:MSTR	+0.0260%	1h	164.03	+0.210%	$54.6M	$37.1M	10x	as long as short
BloFin MSTR-USDT	+0.0288%	8h	163.84	+0.094%	$1.0M	$2.1M	20x	as long as short
Bybit MSTRUSDT	+0.0325%	8h	164.07	+0.235%	$16.6M	$41.1M	50x	as long as short
Phoenix MSTR	+0.0340%	1h	163.95	+0.163%	$56K	$226K	10x	as long as short
edgeX MSTRUSDC	+0.0382%	4h	163.84	+0.091%	$49K	$5.3M	10x	as long as short
Deribit MSTR_USDC-PERPETUAL	+0.0606%	1h	163.72	+0.021%	$278K	$438K	10x	as long as short