MSTR

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0054%/8h= −5.9% APRnext payment −$0.07 per $10,000 · paid last 24h −0.016%

Price spread now: Polymarket Perps against Aevo−0.001%7-day average — · you buy dearer than you sell

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

Long on Aevo Short on Polymarket Perps

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: −$2 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	164.10	0.0104	pay 0.0013% / 1h	20m 02s	$136	—	10x
Short	Polymarket Perps MSTR-USD	164.10	0.0050	get 0.0006% / 1h	20m 02s	$380K	$2.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now −0.001%Rate

Funding earned: −$11.34
Price spread: −0.001% → 0.000%: −$0.07
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$35.41
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; Polymarket Perps: live order book, 4 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 Polymarket Perps live order book, 4 min ago	2.75 bp	7.1 bp −$7	7.3 bp −$73	10.6 bp −$1,065	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	164.26	+0.097%	$27.3M	$116.4M	25x	as long as short
Aster MSTRUSDT	0.0000%	8h	164.00	−0.060%	$1.8M	$8.6M	50x	as long as short
Gate MSTR_USDT	0.0000%	8h	164.10	−0.001%	$4.6M	$19.2M	50x	as long as short
Phemex MSTRUSDT	0.0000%	4h	164.15	+0.030%	$2.8M	$77K	10x	as long as short
Lighter MSTR	+0.0032%	1h	164.02	−0.049%	$3.5M	$2.0M	10x	as long as short
Extended MSTR_24_5-USD	+0.0032%	1h	163.93	−0.104%	$588K	$1.9M	10x	as long as short
Injective MSTR/USDC PERP	+0.0033%	1h	169.34	+3.192%	$8K	$26K	30x	as long as short
Arcus MSTR-USD	+0.0040%	1h	164.00	−0.062%	$26K	$110K	10x	as long as short
Vest MSTR-USD-PERP	+0.0046%	1h	163.88	−0.135%	—	$1.7M	25x	as long as short
OKX MSTR-USDT-SWAP	+0.0046%	8h	164.08	−0.013%	$20.8M	$99.1M	50x	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-USDshort	+0.0050%	1h	164.10	−0.001%	$380K	$2.7M	10x
SoDEX MSTR-USD	+0.0050%	1h	164.09	−0.007%	$43K	$3K	10x	as long as short
Ondo Perps MSTR-USD.P	+0.0050%	1h	163.54	−0.342%	$846K	$3.9M	10x	as long as short
Paradex MSTR-USD-PERP	+0.0065%	8h	164.13	+0.018%	$66	—	5x	as long as short
QFEX MSTR-USD	+0.0067%	1h	164.14	+0.024%	$1.4M	$7.3M	10x	as long as short
Pacifica MSTR	+0.0100%	1h	164.07	−0.017%	$100K	$84K	10x	as long as short
KuCoin MSTRUSDTM	+0.0100%	8h	163.99	−0.068%	$2.4M	$2.7M	20x	as long as short
ApeX Omni MSTRUSDT	+0.0100%	1h	163.77	−0.202%	$6K	$182K	50x	as long as short
Orderly PERP_MSTR_USDC_mythos	+0.0100%	8h	164.10	−0.001%	$4K	$8K	10x	as long as short
Variational Omni MSTR	+0.0102%	8h	164.03	−0.046%	$1.2M	$2.1M	—	as long as short
Aevo MSTR-PERPlong	+0.0104%	1h	164.10	long leg	$136	—	10x
Binance MSTRUSDT	+0.0164%	8h	164.07	−0.021%	$86.5M	$618.5M	50x	as long as short
Coinbase International MSTR-PERP-INTX	+0.0168%	1h	163.88	−0.135%	$1.4M	$1.1M	10x	as long as short
GRVT MSTR_USDT_Perp	+0.0171%	8h	164.00	−0.061%	$75K	$825K	10x	as long as short
RISEx MSTR/USDC	+0.0231%	1h	164.16	+0.035%	$266K	$445K	10x	as long as short
Nado MSTR-PERP	+0.0252%	1h	163.90	−0.120%	$121K	$148K	3x	as long as short
tradeXYZ xyz:MSTR	+0.0261%	1h	164.04	−0.037%	$54.6M	$37.1M	10x	as long as short
BloFin MSTR-USDT	+0.0285%	8h	164.10	−0.001%	$1.0M	$2.1M	20x	as long as short
Bybit MSTRUSDT	+0.0325%	8h	164.12	+0.012%	$16.6M	$41.1M	50x	as long as short
Phoenix MSTR	+0.0340%	1h	163.95	−0.090%	$56K	$226K	10x	as long as short
edgeX MSTRUSDC	+0.0382%	4h	163.84	−0.162%	$49K	$5.3M	10x	as long as short
Deribit MSTR_USDC-PERPETUAL	+0.0665%	1h	164.17	+0.042%	$279K	$438K	10x	as long as short