MSTR

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0064%/8h= +7.0% APRnext payment +$0.08 per $10,000 · paid last 24h −0.080%

Price spread now: Aevo against Arcus−0.180%7-day average — · you buy dearer than you sell

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

Long on Arcus Short on Aevo

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Aevo is 0.180% cheaper against Arcus than usual: you would sell low and buy high (spread −0.180% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$18 on $10k: about 9.4 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus MSTR-USD	163.98	0.0040	pay 0.0005% / 1h	22m 03s	$26K	$110K	10x
Short	Aevo MSTR-PERP	163.69	0.0104	get 0.0013% / 1h	22m 03s	$136	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Arcus. 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 ArcusbpFee AevobpOrdersPrice spread, now −0.180%Rate

Funding earned: $13.38
Price spread: −0.180% → 0.000%: −$17.96
Slippage, 4 orders: no order book: not counted
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$25.07
Costs to cover: 0.205%
Break-even: 20.1 days

Slippage unknown: Arcus: live order book, 31 min ago; Aevo: 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 Arcus live order book, 31 min ago	6.07 bp	10.0 bp −$10	39.7 bp −$397	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

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	−0.0941%	8h	164.03	+0.030%	$27.2M	$116.2M	25x	as long as short
Aster MSTRUSDT	0.0000%	8h	163.70	−0.169%	$1.8M	$8.6M	50x	as long as short
Gate MSTR_USDT	0.0000%	8h	163.79	−0.116%	$4.6M	$19.1M	50x	as long as short
Phemex MSTRUSDT	0.0000%	4h	163.73	−0.152%	$2.8M	$77K	10x	as long as short
Lighter MSTR	+0.0032%	1h	163.66	−0.195%	$3.5M	$1.9M	10x	as long as short
Extended MSTR_24_5-USD	+0.0032%	1h	163.58	−0.241%	$589K	$1.9M	10x	as long as short
Injective MSTR/USDC PERP	+0.0033%	1h	169.34	+3.269%	$8K	$26K	30x	as long as short
Arcus MSTR-USDlong	+0.0040%	1h	163.98	long leg	$26K	$110K	10x
OKX MSTR-USDT-SWAP	+0.0045%	8h	163.73	−0.152%	$20.7M	$98.8M	50x	as long as short
Vest MSTR-USD-PERP	+0.0046%	1h	163.51	−0.287%	—	$1.7M	25x	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-USD	+0.0050%	1h	163.63	−0.213%	$379K	$2.7M	10x	as long as short
SoDEX MSTR-USD	+0.0050%	1h	163.72	−0.159%	$43K	$3K	10x	as long as short
Ondo Perps MSTR-USD.P	+0.0050%	1h	163.50	−0.293%	$867K	$3.9M	10x	as long as short
Paradex MSTR-USD-PERP	+0.0064%	8h	163.64	−0.208%	$65	—	5x	as long as short
QFEX MSTR-USD	+0.0067%	1h	163.65	−0.201%	$1.4M	$7.3M	10x	as long as short
Pacifica MSTR	+0.0100%	1h	163.71	−0.166%	$100K	$84K	10x	as long as short
KuCoin MSTRUSDTM	+0.0100%	8h	163.65	−0.201%	$2.4M	$2.7M	20x	as long as short
ApeX Omni MSTRUSDT	+0.0100%	1h	163.88	−0.061%	$6K	$182K	50x	as long as short
Orderly PERP_MSTR_USDC_mythos	+0.0100%	8h	163.67	−0.189%	$4K	$8K	10x	as long as short
Aevo MSTR-PERPshort	+0.0104%	1h	163.69	−0.180%	$136	—	10x
Variational Omni MSTR	+0.0106%	8h	163.95	−0.015%	$1.2M	$2.1M	—	as long as short
Binance MSTRUSDT	+0.0166%	8h	163.67	−0.190%	$86.4M	$617.4M	50x	as long as short
Coinbase International MSTR-PERP-INTX	+0.0168%	1h	163.88	−0.061%	$1.4M	$1.1M	10x	as long as short
GRVT MSTR_USDT_Perp	+0.0171%	8h	164.00	+0.012%	$75K	$825K	10x	as long as short
RISEx MSTR/USDC	+0.0231%	1h	163.71	−0.166%	$265K	$445K	10x	as long as short
Nado MSTR-PERP	+0.0258%	1h	163.54	−0.265%	$121K	$148K	3x	as long as short
tradeXYZ xyz:MSTR	+0.0259%	1h	163.71	−0.165%	$54.5M	$37.1M	10x	as long as short
BloFin MSTR-USDT	+0.0288%	8h	163.84	−0.085%	$1.0M	$2.1M	20x	as long as short
Bybit MSTRUSDT	+0.0325%	8h	163.75	−0.140%	$16.6M	$41.1M	50x	as long as short
Phoenix MSTR	+0.0340%	1h	163.95	−0.016%	$56K	$226K	10x	as long as short
Deribit MSTR_USDC-PERPETUAL	+0.0606%	1h	163.72	−0.159%	$278K	$438K	10x	as long as short
edgeX MSTRUSDC	+0.0656%	4h	163.98	+0.002%	$49K	$5.3M	10x	as long as short