Funding you earn now, next payment 03:00 UTC−0.0058%/8h= −6.4% APRnext payment −$0.07 per $10,000 · paid last 24h −0.017%
Price spread now: Vest against Aevo+0.089%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Vest is 0.089% dearer against Aevo than usual: you sell high and buy low (spread +0.089% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo MSTR-PERP | 164.92 | 0.0104 | pay 0.0013% / 1h | 26m 49s | $137 | — | 10x |
| Short | Vest MSTR-USD-PERP | 165.07 | 0.0046 | get 0.0006% / 1h | 26m 49s | — | $1.7M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Vest 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
- −$12.25
- Price spread: +0.089% → 0.000%
- $8.86
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$21.38
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; Vest: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Aevo no order-book sample | — | — | — | — | — |
| Sell Vest no order-book sample | — | — | — | — | — |
Aevo and Vest: 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 | −0.1175% | 8h | 165.07 | +0.089% | $27.7M | $114.4M | 25x | as long as short |
| Aster MSTRUSDT | 0.0000% | 8h | 164.91 | −0.005% | $1.9M | $8.5M | 50x | as long as short |
| OKX MSTR-USDT-SWAP | 0.0000% | 8h | 164.97 | +0.028% | $20.7M | $99.9M | 50x | as long as short |
| Gate MSTR_USDT | 0.0000% | 8h | 165.07 | +0.089% | $4.6M | $18.6M | 50x | as long as short |
| Phemex MSTRUSDT | 0.0000% | 4h | 165.03 | +0.064% | $2.8M | $71K | 10x | as long as short |
| Lighter MSTR | +0.0032% | 1h | 164.85 | −0.045% | $3.5M | $1.9M | 10x | as long as short |
| Extended MSTR_24_5-USD | +0.0032% | 1h | 164.76 | −0.099% | $595K | $1.9M | 10x | as long as short |
| Injective MSTR/USDC PERP | +0.0033% | 1h | 169.34 | +2.678% | $8K | $26K | 30x | as long as short |
| Variational Omni MSTR | +0.0034% | 8h | 165.14 | +0.132% | $1.2M | $2.1M | — | as long as short |
| Arcus MSTR-USD | +0.0040% | 1h | 165.10 | +0.107% | $27K | $112K | 10x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest MSTR-USD-PERPshort | +0.0046% | 1h | 165.07 | +0.089% | — | $1.7M | 25x | |
| Polymarket Perps MSTR-USD | +0.0050% | 1h | 164.93 | +0.004% | $384K | $2.7M | 10x | as long as short |
| Ondo Perps MSTR-USD.P | +0.0050% | 1h | 164.94 | +0.010% | $868K | $4.2M | 10x | as long as short |
| QFEX MSTR-USD | +0.0060% | 1h | 164.98 | +0.034% | $1.4M | $7.6M | 10x | as long as short |
| tradeXYZ xyz:MSTR | +0.0062% | 1h | 164.81 | −0.069% | $54.9M | $36.8M | 10x | as long as short |
| Pacifica MSTR | +0.0100% | 1h | 164.92 | −0.004% | $101K | $84K | 10x | as long as short |
| KuCoin MSTRUSDTM | +0.0100% | 8h | 164.88 | −0.027% | $2.4M | $2.7M | 20x | as long as short |
| ApeX Omni MSTRUSDT | +0.0100% | 1h | 165.15 | +0.137% | $4K | $184K | 50x | as long as short |
| Orderly PERP_MSTR_USDC_mythos | +0.0100% | 8h | 164.95 | +0.016% | $3K | $8K | 10x | as long as short |
| Binance MSTRUSDT | +0.0101% | 8h | 164.96 | +0.023% | $88.4M | $618.3M | 50x | as long as short |
| Aevo MSTR-PERPlong | +0.0104% | 1h | 164.92 | long leg | $137 | — | 10x | |
| Paradex MSTR-USD-PERP | +0.0139% | 8h | 164.97 | +0.027% | $66 | — | 5x | as long as short |
| SoDEX MSTR-USD | +0.0153% | 1h | 164.92 | −0.002% | $43K | $3K | 10x | as long as short |
| GRVT MSTR_USDT_Perp | +0.0167% | 8h | 165.20 | +0.167% | $77K | $763K | 10x | as long as short |
| Coinbase International MSTR-PERP-INTX | +0.0200% | 1h | 164.09 | −0.506% | $1.4M | $1.1M | 10x | as long as short |
| Nado MSTR-PERP | +0.0217% | 1h | 164.90 | −0.012% | $122K | $150K | 3x | as long as short |
| BloFin MSTR-USDT | +0.0221% | 8h | 165.00 | +0.046% | $1.0M | $2.0M | 20x | as long as short |
| RISEx MSTR/USDC | +0.0291% | 1h | 165.03 | +0.061% | $270K | $447K | 10x | as long as short |
| Deribit MSTR_USDC-PERPETUAL | +0.0296% | 1h | 164.98 | +0.034% | $281K | $438K | 10x | as long as short |
| Phoenix MSTR | +0.0336% | 1h | 165.09 | +0.101% | $56K | $227K | 10x | as long as short |
| Bybit MSTRUSDT | +0.0338% | 8h | 164.98 | +0.034% | $17.2M | $40.7M | 50x | as long as short |
| edgeX MSTRUSDC | +0.0473% | 4h | 165.16 | +0.144% | $50K | $5.4M | 10x | as long as short |
Bitget MSTRUSDT
Aster MSTRUSDT
OKX MSTR-USDT-SWAP
Gate MSTR_USDT
Phemex MSTRUSDT
Lighter MSTR
Extended MSTR_24_5-USD
Injective MSTR/USDC PERP
Variational Omni MSTR
Polymarket Perps MSTR-USD
tradeXYZ xyz:MSTR
Pacifica MSTR
KuCoin MSTRUSDTM
ApeX Omni MSTRUSDT
Binance MSTRUSDT
Paradex MSTR-USD-PERP
SoDEX MSTR-USD
GRVT MSTR_USDT_Perp
Coinbase International MSTR-PERP-INTX
BloFin MSTR-USDT
RISEx MSTR/USDC
Deribit MSTR_USDC-PERPETUAL
Phoenix MSTR
Bybit MSTRUSDT
edgeX MSTRUSDC