MSTR

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0875%/8h= +95.8% APRnext payment +$1.09 per $10,000 · paid last 24h +0.179%

Price spread now: Deribit against Aevo+0.005%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 Deribit

What this pair did over the last

the charts below follow

Funding, last 5 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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$26 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo MSTR-PERP	162.88	0.0104	pay 0.0013% / 1h	29m 48s	$135	—	10x
Short	Deribit MSTR_USDC-PERPETUAL	162.89	0.0979	get 0.0122% / 1h	29m 48s	$277K	$437K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 DeribitbpOrdersPrice spread, now +0.005%Rate

Funding earned: $183.82
Price spread: +0.005% → 0.000%: $0.55
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: $161.37
Costs to cover: 0.230%
Break-even: 0.9 days

Slippage unknown: Aevo: no order-book sample; Deribit: live order book, 14 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 Deribit live order book, 14 min ago	6.44 bp	11.2 bp −$11	12.7 bp −$127	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	−0.0953%	8h	163.16	+0.171%	$28.7M	$118.7M	25x	as long as short
Gate MSTR_USDT	0.0000%	8h	163.00	+0.073%	$4.7M	$19.6M	50x	as long as short
Phemex MSTRUSDT	0.0000%	4h	162.91	+0.018%	$2.7M	$78K	10x	as long as short
Aster MSTRUSDT	+0.0031%	8h	162.93	+0.031%	$1.8M	$8.7M	50x	as long as short
Extended MSTR_24_5-USD	+0.0032%	1h	162.72	−0.099%	$508K	$2.0M	10x	as long as short
Injective MSTR/USDC PERP	+0.0033%	1h	169.34	+3.965%	$8K	$26K	30x	as long as short
Arcus MSTR-USD	+0.0040%	1h	162.79	−0.056%	$26K	$113K	10x	as long as short
Vest MSTR-USD-PERP	+0.0046%	1h	162.49	−0.240%	—	$1.8M	25x	as long as short
Polymarket Perps MSTR-USD	+0.0050%	1h	162.79	−0.056%	$377K	$2.7M	10x	as long as short
SoDEX MSTR-USD	+0.0050%	1h	162.85	−0.019%	$43K	$3K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps MSTR-USD.P	+0.0050%	1h	162.57	−0.191%	$849K	$3.9M	10x	as long as short
QFEX MSTR-USD	+0.0057%	1h	162.85	−0.019%	$1.3M	$7.2M	10x	as long as short
Pacifica MSTR	+0.0100%	1h	162.85	−0.021%	$100K	$83K	10x	as long as short
KuCoin MSTRUSDTM	+0.0100%	8h	162.80	−0.050%	$2.4M	$2.7M	20x	as long as short
ApeX Omni MSTRUSDT	+0.0100%	1h	162.59	−0.179%	$5K	$182K	50x	as long as short
Orderly PERP_MSTR_USDC_mythos	+0.0100%	8h	162.87	−0.007%	$2K	$13K	10x	as long as short
Aevo MSTR-PERPlong	+0.0104%	1h	162.88	long leg	$135	—	10x
OKX MSTR-USDT-SWAP	+0.0149%	8h	162.96	+0.048%	$20.7M	$100.2M	50x	as long as short
Variational Omni MSTR	+0.0151%	8h	162.75	−0.083%	$1.2M	$2.1M	—	as long as short
Coinbase International MSTR-PERP-INTX	+0.0152%	1h	161.52	−0.836%	$1.4M	$1.1M	10x	as long as short
Lighter MSTR	+0.0160%	1h	162.89	+0.005%	$3.5M	$2.0M	10x	as long as short
Paradex MSTR-USD-PERP	+0.0161%	8h	162.82	−0.037%	$65	—	5x	as long as short
Binance MSTRUSDT	+0.0230%	8h	162.96	+0.049%	$83.8M	$627.4M	50x	as long as short
GRVT MSTR_USDT_Perp	+0.0243%	8h	162.88	0.000%	$83K	$878K	10x	as long as short
tradeXYZ xyz:MSTR	+0.0282%	1h	162.84	−0.025%	$54.0M	$37.3M	10x	as long as short
Phoenix MSTR	+0.0328%	1h	162.69	−0.120%	$55K	$223K	10x	as long as short
BloFin MSTR-USDT	+0.0350%	8h	162.76	−0.074%	$1.0M	$2.1M	20x	as long as short
Nado MSTR-PERP	+0.0351%	1h	162.71	−0.106%	$130K	$157K	3x	as long as short
RISEx MSTR/USDC	+0.0381%	1h	162.89	+0.005%	$264K	$428K	10x	as long as short
Bybit MSTRUSDT	+0.0382%	8h	162.96	+0.048%	$16.8M	$41.8M	50x	as long as short
edgeX MSTRUSDC	+0.0743%	4h	162.73	−0.094%	$45K	$5.4M	10x	as long as short
Deribit MSTR_USDC-PERPETUALshort	+0.0979%	1h	162.89	+0.005%	$277K	$437K	10x