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−0.0058%/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
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVest: Active · farm boardneeds both histories
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo MSTR-PERP164.920.0104pay 0.0013% / 1h26m 49s$13710x
ShortVest MSTR-USD-PERP165.070.0046get 0.0006% / 1h26m 49s$1.7M25x

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 it
latest
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
LegHalf-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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget MSTRUSDT−0.1175%8h165.07+0.089%$27.7M$114.4M25xas long as short
Aster MSTRUSDT0.0000%8h164.91−0.005%$1.9M$8.5M50xas long as short
OKX MSTR-USDT-SWAP0.0000%8h164.97+0.028%$20.7M$99.9M50xas long as short
Gate MSTR_USDT0.0000%8h165.07+0.089%$4.6M$18.6M50xas long as short
Phemex MSTRUSDT0.0000%4h165.03+0.064%$2.8M$71K10xas long as short
Lighter MSTR+0.0032%1h164.85−0.045%$3.5M$1.9M10xas long as short
Extended MSTR_24_5-USD+0.0032%1h164.76−0.099%$595K$1.9M10xas long as short
Injective MSTR/USDC PERP+0.0033%1h169.34+2.678%$8K$26K30xas long as short
Variational Omni MSTR+0.0034%8h165.14+0.132%$1.2M$2.1Mas long as short
Arcus MSTR-USD+0.0040%1h165.10+0.107%$27K$112K10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest MSTR-USD-PERPshort+0.0046%1h165.07+0.089%$1.7M25x
Polymarket Perps MSTR-USD+0.0050%1h164.93+0.004%$384K$2.7M10xas long as short
Ondo Perps MSTR-USD.P+0.0050%1h164.94+0.010%$868K$4.2M10xas long as short
QFEX MSTR-USD+0.0060%1h164.98+0.034%$1.4M$7.6M10xas long as short
tradeXYZ xyz:MSTR+0.0062%1h164.81−0.069%$54.9M$36.8M10xas long as short
Pacifica MSTR+0.0100%1h164.92−0.004%$101K$84K10xas long as short
KuCoin MSTRUSDTM+0.0100%8h164.88−0.027%$2.4M$2.7M20xas long as short
ApeX Omni MSTRUSDT+0.0100%1h165.15+0.137%$4K$184K50xas long as short
Orderly PERP_MSTR_USDC_mythos+0.0100%8h164.95+0.016%$3K$8K10xas long as short
Binance MSTRUSDT+0.0101%8h164.96+0.023%$88.4M$618.3M50xas long as short
Aevo MSTR-PERPlong+0.0104%1h164.92long leg$13710x
Paradex MSTR-USD-PERP+0.0139%8h164.97+0.027%$665xas long as short
SoDEX MSTR-USD+0.0153%1h164.92−0.002%$43K$3K10xas long as short
GRVT MSTR_USDT_Perp+0.0167%8h165.20+0.167%$77K$763K10xas long as short
Coinbase International MSTR-PERP-INTX+0.0200%1h164.09−0.506%$1.4M$1.1M10xas long as short
Nado MSTR-PERP+0.0217%1h164.90−0.012%$122K$150K3xas long as short
BloFin MSTR-USDT+0.0221%8h165.00+0.046%$1.0M$2.0M20xas long as short
RISEx MSTR/USDC+0.0291%1h165.03+0.061%$270K$447K10xas long as short
Deribit MSTR_USDC-PERPETUAL+0.0296%1h164.98+0.034%$281K$438K10xas long as short
Phoenix MSTR+0.0336%1h165.09+0.101%$56K$227K10xas long as short
Bybit MSTRUSDT+0.0338%8h164.98+0.034%$17.2M$40.7M50xas long as short
edgeX MSTRUSDC+0.0473%4h165.16+0.144%$50K$5.4M10xas long as short