Funding you earn now, next payment 06:00 UTC+0.0020%/8h= +2.2% APRpaid last 24h +0.010%
Price spread now: Variational Omni against Aevo+0.017%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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—+ Points / potential airdropVariational Omni: 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo MSTR-PERP | 162.29 | 0.0104 | pay 0.0013% / 1h | 29m 08s | $135 | — | 10x |
| Short | Variational Omni MSTR | 162.32 | 0.0124 | get 0.0124% / 8h | 2h 29m | $1.2M | $2.1M | — |
Aevo MSTR-PERP
Variational Omni MSTRFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- $4.29
- Price spread: +0.017% → 0.000%
- $1.73
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$9.98
- Costs to cover
- 0.160%
- Break-even
- 23.3 days
Slippage unknown: Aevo: no order-book sample; Variational Omni: RFQ quote, 5 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 Variational Omni RFQ quote, 5 min ago | 3.63 bp | doesn't fit | 13.2 bp −$132 | 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 | −0.1146% | 8h | 162.46 | +0.104% | $26.9M | $117.8M | 25x | as long as short |
| Aster MSTRUSDT | 0.0000% | 8h | 162.27 | −0.012% | $1.7M | $8.6M | 50x | as long as short |
| Gate MSTR_USDT | 0.0000% | 8h | 162.36 | +0.042% | $4.6M | $19.6M | 50x | as long as short |
| Phemex MSTRUSDT | 0.0000% | 4h | 162.87 | +0.356% | $2.7M | $77K | 10x | as long as short |
| Extended MSTR_24_5-USD | +0.0032% | 1h | 162.15 | −0.087% | $513K | $2.0M | 10x | as long as short |
| Injective MSTR/USDC PERP | +0.0033% | 1h | 169.34 | +4.343% | $8K | $26K | 30x | as long as short |
| Vest MSTR-USD-PERP | +0.0034% | 1h | 161.94 | −0.217% | — | $1.8M | 25x | as long as short |
| Arcus MSTR-USD | +0.0040% | 1h | 162.55 | +0.159% | $26K | $109K | 10x | as long as short |
| Polymarket Perps MSTR-USD | +0.0050% | 1h | 162.25 | −0.026% | $374K | $2.7M | 10x | as long as short |
| SoDEX MSTR-USD | +0.0050% | 1h | 162.21 | −0.050% | $43K | $3K | 10x | as long as short |
Bitget MSTRUSDT
Aster MSTRUSDT
Gate MSTR_USDT
Phemex MSTRUSDT
Extended MSTR_24_5-USD
Injective MSTR/USDC PERP
Vest MSTR-USD-PERP
Arcus MSTR-USD
Polymarket Perps MSTR-USD
SoDEX MSTR-USDShow 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 | 162.18 | −0.069% | $867K | $3.9M | 10x | as long as short |
| QFEX MSTR-USD | +0.0054% | 1h | 162.31 | +0.011% | $1.4M | $7.2M | 10x | as long as short |
| RISEx MSTR/USDC | +0.0088% | 1h | 162.38 | +0.057% | $263K | $443K | 10x | as long as short |
| OKX MSTR-USDT-SWAP | +0.0093% | 8h | 162.23 | −0.038% | $20.4M | $99.7M | 50x | as long as short |
| Pacifica MSTR | +0.0100% | 1h | 162.27 | −0.012% | $99K | $84K | 10x | as long as short |
| KuCoin MSTRUSDTM | +0.0100% | 8h | 162.22 | −0.044% | $2.4M | $2.7M | 20x | as long as short |
| ApeX Omni MSTRUSDT | +0.0100% | 1h | 162.29 | −0.001% | $6K | $182K | 50x | as long as short |
| Orderly PERP_MSTR_USDC_mythos | +0.0100% | 8h | 162.28 | −0.007% | $3K | $8K | 10x | as long as short |
| Aevo MSTR-PERPlong | +0.0104% | 1h | 162.29 | long leg | $135 | — | 10x | |
| Variational Omni MSTRshort | +0.0124% | 8h | 162.32 | +0.017% | $1.2M | $2.1M | — | |
| Paradex MSTR-USD-PERP | +0.0151% | 8h | 162.28 | −0.009% | $65 | — | 5x | as long as short |
| Lighter MSTR | +0.0160% | 1h | 162.18 | −0.069% | $3.4M | $2.0M | 10x | as long as short |
| Coinbase International MSTR-PERP-INTX | +0.0168% | 1h | 162.16 | −0.081% | $1.4M | $1.1M | 10x | as long as short |
| Binance MSTRUSDT | +0.0197% | 8h | 162.23 | −0.038% | $83.7M | $626.1M | 50x | as long as short |
| GRVT MSTR_USDT_Perp | +0.0210% | 8h | 162.40 | +0.069% | $79K | $831K | 10x | as long as short |
| BloFin MSTR-USDT | +0.0317% | 8h | 162.23 | −0.038% | $1.0M | $2.1M | 20x | as long as short |
| tradeXYZ xyz:MSTR | +0.0357% | 1h | 162.25 | −0.026% | $54.0M | $37.3M | 10x | as long as short |
| Phoenix MSTR | +0.0362% | 1h | 162.41 | +0.073% | $55K | $226K | 10x | as long as short |
| Bybit MSTRUSDT | +0.0371% | 8h | 162.31 | +0.011% | $16.6M | $41.4M | 50x | as long as short |
| Nado MSTR-PERP | +0.0378% | 1h | 162.24 | −0.030% | $130K | $157K | 3x | as long as short |
| Deribit MSTR_USDC-PERPETUAL | +0.0675% | 1h | 162.31 | +0.011% | $276K | $438K | 10x | as long as short |
| edgeX MSTRUSDC | +0.0858% | 4h | 162.53 | +0.148% | $48K | $5.4M | 10x | as long as short |
Ondo Perps MSTR-USD.P
QFEX MSTR-USD
RISEx MSTR/USDC
OKX MSTR-USDT-SWAP
Pacifica MSTR
KuCoin MSTRUSDTM
ApeX Omni MSTRUSDT
Orderly PERP_MSTR_USDC_mythos
Paradex MSTR-USD-PERP
Lighter MSTR
Coinbase International MSTR-PERP-INTX
Binance MSTRUSDT
GRVT MSTR_USDT_Perp
BloFin MSTR-USDT
tradeXYZ xyz:MSTR
Phoenix MSTR
Bybit MSTRUSDT
Nado MSTR-PERP
Deribit MSTR_USDC-PERPETUAL
edgeX MSTRUSDC