Settings8H · net · $10k
Funding arb · Price arb /

MSTR

RWAall MSTR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0037%/8h= +4.1% APRpaid last 24h +0.002%
Price spread now: Paradex against Aevo−0.007%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds 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: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo MSTR-PERP165.120.0104pay 0.0013% / 1h28m 25s$13710x
ShortParadex MSTR-USD-PERP165.110.0141get 0.0141% / 8h5h 28m$665x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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

Funding earned
$7.83
Price spread: −0.007% → 0.000%
−$0.71
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$12.88
Costs to cover
0.200%
Break-even
18.5 days
Slippage unknown: Aevo: no order-book sample; Paradex: 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
LegHalf-spread$10k$100k$1M$5M
Buy Aevo no order-book sample
Sell Paradex no order-book sample
Aevo and Paradex: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget MSTRUSDT−0.1189%8h165.21+0.054%$27.8M$114.4M25xas long as short
Aster MSTRUSDT0.0000%8h165.06−0.035%$1.9M$8.5M50xas long as short
OKX MSTR-USDT-SWAP0.0000%8h165.15+0.018%$20.7M$100.0M50xas long as short
Gate MSTR_USDT0.0000%8h165.20+0.048%$4.6M$18.6M50xas long as short
Phemex MSTRUSDT0.0000%4h165.16+0.024%$2.8M$71K10xas long as short
Lighter MSTR+0.0032%1h165.11−0.006%$3.5M$1.9M10xas long as short
Extended MSTR_24_5-USD+0.0032%1h165.02−0.061%$595K$1.9M10xas long as short
Injective MSTR/USDC PERP+0.0033%1h169.34+2.555%$8K$26K30xas long as short
Variational Omni MSTR+0.0034%8h165.14+0.012%$1.2M$2.1Mas long as short
Arcus MSTR-USD+0.0040%1h165.07−0.031%$27K$112K10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest MSTR-USD-PERP+0.0046%1h165.19+0.042%$1.7M25xas long as short
Polymarket Perps MSTR-USD+0.0050%1h165.09−0.019%$383K$2.7M10xas long as short
Ondo Perps MSTR-USD.P+0.0050%1h165.00−0.073%$868K$4.2M10xas long as short
QFEX MSTR-USD+0.0060%1h165.13+0.006%$1.4M$7.6M10xas long as short
tradeXYZ xyz:MSTR+0.0064%1h165.05−0.043%$55.0M$36.8M10xas long as short
Pacifica MSTR+0.0100%1h165.05−0.045%$101K$84K10xas long as short
KuCoin MSTRUSDTM+0.0100%8h165.07−0.031%$2.4M$2.7M20xas long as short
ApeX Omni MSTRUSDT+0.0100%1h165.15+0.018%$4K$184K50xas long as short
Orderly PERP_MSTR_USDC_mythos+0.0100%8h165.13+0.006%$3K$8K10xas long as short
Binance MSTRUSDT+0.0101%8h165.13+0.006%$88.5M$618.4M50xas long as short
Aevo MSTR-PERPlong+0.0104%1h165.12long leg$13710x
Paradex MSTR-USD-PERPshort+0.0141%8h165.11−0.007%$665x
SoDEX MSTR-USD+0.0172%1h165.11−0.006%$43K$3K10xas long as short
GRVT MSTR_USDT_Perp+0.0173%8h165.30+0.111%$77K$763K10xas long as short
Coinbase International MSTR-PERP-INTX+0.0200%1h164.09−0.624%$1.4M$1.1M10xas long as short
Nado MSTR-PERP+0.0218%1h165.06−0.039%$122K$150K3xas long as short
BloFin MSTR-USDT+0.0220%8h165.14+0.012%$1.0M$2.0M20xas long as short
edgeX MSTRUSDC+0.0277%4h164.71−0.249%$49K$5.4M10xas long as short
RISEx MSTR/USDC+0.0291%1h165.16+0.024%$270K$447K10xas long as short
Phoenix MSTR+0.0336%1h165.09−0.018%$56K$227K10xas long as short
Bybit MSTRUSDT+0.0343%8h165.19+0.042%$17.2M$40.7M50xas long as short
Deribit MSTR_USDC-PERPETUAL+0.0598%1h165.17+0.030%$281K$438K10xas long as short