Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: KuCoin against Aevo+0.009%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo MSTR-PERP | 165.28 | 0.0104 | pay 0.0013% / 1h | 1m 12s | $137 | — | 10x |
| Short | KuCoin MSTRUSDTM | 165.29 | 0.0100 | get 0.0100% / 8h | 5h 01m | $2.4M | $2.7M | 20x |
Aevo MSTR-PERP
KuCoin MSTRUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Aevo. 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
- −$0.84
- Price spread: +0.009% → 0.000%
- $0.9
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$27.94
- Costs to cover
- 0.280%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; KuCoin: live order book, 6 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 KuCoin live order book, 6 min ago | 2.42 bp | 19.5 bp −$20 | doesn't fit | 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 | −0.0829% | 8h | 165.51 | +0.142% | $27.7M | $114.7M | 25x | as long as short |
| Gate MSTR_USDT | −0.0026% | 8h | 165.41 | +0.082% | $4.6M | $18.8M | 50x | as long as short |
| Aster MSTRUSDT | 0.0000% | 8h | 165.32 | +0.025% | $1.8M | $8.5M | 50x | as long as short |
| OKX MSTR-USDT-SWAP | 0.0000% | 8h | 165.37 | +0.057% | $20.7M | $100.0M | 50x | as long as short |
| Phemex MSTRUSDT | 0.0000% | 4h | 165.41 | +0.082% | $2.8M | $73K | 10x | as long as short |
| Lighter MSTR | +0.0032% | 1h | 165.27 | −0.003% | $3.5M | $1.9M | 10x | as long as short |
| Extended MSTR_24_5-USD | +0.0032% | 1h | 165.22 | −0.030% | $598K | $1.9M | 10x | as long as short |
| Injective MSTR/USDC PERP | +0.0033% | 1h | 169.34 | +2.459% | $8K | $26K | 30x | as long as short |
| Variational Omni MSTR | +0.0040% | 8h | 165.25 | −0.014% | $1.2M | $2.1M | — | as long as short |
| Arcus MSTR-USD | +0.0040% | 1h | 165.37 | +0.057% | $27K | $109K | 10x | as long as short |
Bitget MSTRUSDT
Gate MSTR_USDT
Aster MSTRUSDT
OKX MSTR-USDT-SWAP
Phemex MSTRUSDT
Lighter MSTR
Extended MSTR_24_5-USD
Injective MSTR/USDC PERP
Variational Omni MSTR
Arcus MSTR-USDShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest MSTR-USD-PERP | +0.0046% | 1h | 165.43 | +0.094% | — | $1.7M | 25x | as long as short |
| Polymarket Perps MSTR-USD | +0.0050% | 1h | 165.33 | +0.033% | $383K | $2.7M | 10x | as long as short |
| SoDEX MSTR-USD | +0.0050% | 1h | 165.35 | +0.045% | $44K | $3K | 10x | as long as short |
| Ondo Perps MSTR-USD.P | +0.0050% | 1h | 165.14 | −0.082% | $870K | $4.1M | 10x | as long as short |
| tradeXYZ xyz:MSTR | +0.0052% | 1h | 165.32 | +0.027% | $55.0M | $36.8M | 10x | as long as short |
| QFEX MSTR-USD | +0.0060% | 1h | 165.30 | +0.015% | $1.4M | $7.6M | 10x | as long as short |
| Binance MSTRUSDT | +0.0099% | 8h | 165.40 | +0.074% | $88.0M | $616.5M | 50x | as long as short |
| Pacifica MSTR | +0.0100% | 1h | 165.32 | +0.028% | $101K | $83K | 10x | as long as short |
| KuCoin MSTRUSDTMshort | +0.0100% | 8h | 165.29 | +0.009% | $2.4M | $2.7M | 20x | |
| ApeX Omni MSTRUSDT | +0.0100% | 1h | 165.17 | −0.064% | $6K | $185K | 50x | as long as short |
| Orderly PERP_MSTR_USDC_mythos | +0.0100% | 8h | 165.25 | −0.015% | $3K | $8K | 10x | as long as short |
| Aevo MSTR-PERPlong | +0.0104% | 1h | 165.28 | long leg | $137 | — | 10x | |
| GRVT MSTR_USDT_Perp | +0.0122% | 8h | 165.30 | +0.013% | $79K | $758K | 10x | as long as short |
| Paradex MSTR-USD-PERP | +0.0124% | 8h | 165.27 | 0.000% | $66 | — | 5x | as long as short |
| Coinbase International MSTR-PERP-INTX | +0.0200% | 1h | 164.95 | −0.197% | $1.4M | $1.1M | 10x | as long as short |
| Nado MSTR-PERP | +0.0211% | 1h | 165.32 | +0.029% | $122K | $148K | 3x | as long as short |
| BloFin MSTR-USDT | +0.0219% | 8h | 165.44 | +0.100% | $1.0M | $2.0M | 20x | as long as short |
| RISEx MSTR/USDC | +0.0291% | 1h | 165.41 | +0.083% | $270K | $448K | 10x | as long as short |
| Phoenix MSTR | +0.0336% | 1h | 165.27 | −0.004% | $56K | $227K | 10x | as long as short |
| Bybit MSTRUSDT | +0.0338% | 8h | 165.48 | +0.124% | $17.2M | $40.6M | 50x | as long as short |
| edgeX MSTRUSDC | +0.0644% | 4h | 165.17 | −0.063% | $49K | $5.4M | 10x | as long as short |
| Deribit MSTR_USDC-PERPETUAL | +0.0658% | 1h | 165.35 | +0.045% | $281K | $438K | 10x | as long as short |
Vest MSTR-USD-PERP
Polymarket Perps MSTR-USD
SoDEX MSTR-USD
Ondo Perps MSTR-USD.P
tradeXYZ xyz:MSTR
QFEX MSTR-USD
Binance MSTRUSDT
Pacifica MSTR
ApeX Omni MSTRUSDT
Orderly PERP_MSTR_USDC_mythos
GRVT MSTR_USDT_Perp
Paradex MSTR-USD-PERP
Coinbase International MSTR-PERP-INTX
Nado MSTR-PERP
BloFin MSTR-USDT
RISEx MSTR/USDC
Phoenix MSTR
Bybit MSTRUSDT
edgeX MSTRUSDC
Deribit MSTR_USDC-PERPETUAL