After costs, if the gap returns to its 7d average, $10k−$32
spread now+0.013%7d average+0.017%fees + slippage, in and out−$32spread needed0.316%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster MSTRUSDT | 167.09 | 0.0414 | pay 0.0414% / 8h | 57m 59s | $1.3M | $5.8M | 50x |
| Short | Bitget MSTRUSDT | 167.11 | 0.0379 | get 0.0379% / 8h | 57m 59s | $28.9M | $109.5M | 25x |
Aster MSTRUSDT
Bitget MSTRUSDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $1.29
- Funding while held
- −$1.05
- Slippage, 4 orders
- −$11.59
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$31.35
- Spread needed to break even
- 0.316%
Slippage from Aster: live order book, 2 min ago; Bitget: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0035%
- Per $10,000 a day
- −$1.05
- Average in range /8h
- —
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 Aster live order book, 2 min ago | 0.60 bp | 6.9 bp −$7 | 25.0 bp −$250 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 0.60 bp | 9.0 bp −$9 | 12.9 bp −$129 | 39.9 bp −$3,988 | doesn't fit |
MSTR price on every exchange
against the cheapest. Click to use as the short leg.Phemex166.74cheapestOndo Perps166.77+0.018%Phoenix166.86+0.071%Coinbase International166.86+0.072%Extended166.90+0.095%Nado166.93+0.114%Injective166.94+0.120%Polymarket Perps166.95+0.126%BloFin166.96+0.132%Paradex166.98+0.147%QFEX167.02+0.168%KuCoin167.03+0.174%Vest167.03+0.174%Pacifica167.03+0.177%
Phemex
Ondo Perps
Phoenix
Coinbase International
Extended
Nado
Injective
Polymarket Perps
BloFin
Paradex
QFEX
KuCoin
Vest
PacificaAster167.09+0.209%
Arcus167.09+0.210%tradeXYZ167.10+0.216%Bybit167.10+0.216%Orderly167.10+0.216%
Arcus
tradeXYZ
Bybit
OrderlyBitget167.11+0.222%
OKX167.12+0.228%Lighter167.13+0.234%Gate167.13+0.234%SoDEX167.13+0.234%Binance167.15+0.246%RISEx167.16+0.252%Aevo167.19+0.267%Deribit167.20+0.276%Variational Omni167.23+0.293%edgeX167.27+0.316%ApeX Omni167.58+0.504%
OKX
Lighter
Gate
SoDEX
Binance
RISEx
Aevo
Deribit
Variational Omni
ApeX OmniMSTR on 31 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phemex MSTRUSDT | −0.209% | 0.0000% | 4h | $2.8M | $32K | 10x | as long as short |
| Ondo Perps MSTR-USD.P | −0.191% | +0.0050% | 1h | $862K | $4.6M | 10x | as long as short |
| Phoenix MSTR | −0.137% | +0.0320% | 1h | $54K | $334K | 10x | as long as short |
| Coinbase International MSTR-PERP-INTX | −0.137% | +0.0112% | 1h | $1.5M | $1.2M | 10x | as long as short |
| Extended MSTR_24_5-USD | −0.114% | +0.0032% | 1h | $514K | $2.3M | 10x | as long as short |
| Nado MSTR-PERP | −0.095% | +0.0047% | 1h | $156K | $245K | 3x | as long as short |
| Injective MSTR/USDC PERP | −0.089% | +0.0033% | 1h | $12K | $97K | 30x | as long as short |
| Polymarket Perps MSTR-USD | −0.083% | +0.0074% | 1h | $409K | $1.9M | 10x | as long as short |
| BloFin MSTR-USDT | −0.077% | +0.0513% | 8h | $1.1M | $1.5M | 20x | as long as short |
| Paradex MSTR-USD-PERP | −0.062% | +0.0124% | 8h | $67 | — | 5x | as long as short |
Show all 31 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| QFEX MSTR-USD | −0.041% | +0.0057% | 1h | $1.3M | $9.1M | 10x | as long as short |
| KuCoin MSTRUSDTM | −0.035% | +0.0177% | 8h | $2.6M | $2.6M | 20x | as long as short |
| Vest MSTR-USD-PERP | −0.035% | +0.0046% | 1h | — | $1.4M | 25x | as long as short |
| Pacifica MSTR | −0.032% | +0.0100% | 1h | $102K | $176K | 10x | as long as short |
| Aster MSTRUSDTlong | 0.000% | +0.0414% | 8h | $1.3M | $5.8M | 50x | |
| Arcus MSTR-USD | +0.001% | +0.0705% | 1h | $26K | $121K | 10x | as long as short |
| tradeXYZ xyz:MSTR | +0.007% | +0.0328% | 1h | $57.1M | $31.6M | 10x | as long as short |
| Bybit MSTRUSDT | +0.007% | +0.0220% | 8h | $15.8M | $42.9M | 50x | as long as short |
| Orderly PERP_MSTR_USDC_mythos | +0.007% | +0.0100% | 8h | $3K | $14K | 10x | as long as short |
| Bitget MSTRUSDTshort | +0.013% | +0.0379% | 8h | $28.9M | $109.5M | 25x | |
| OKX MSTR-USDT-SWAP | +0.019% | +0.0336% | 8h | $22.1M | $100.2M | 50x | as long as short |
| Lighter MSTR | +0.025% | +0.0104% | 1h | $3.6M | $2.9M | 10x | as long as short |
| Gate MSTR_USDT | +0.025% | 0.0000% | 8h | $5.0M | $18.3M | 50x | as long as short |
| SoDEX MSTR-USD | +0.025% | +0.0058% | 1h | $44K | $3K | 10x | as long as short |
| Binance MSTRUSDT | +0.037% | +0.0390% | 8h | $87.9M | $524.5M | 50x | as long as short |
| RISEx MSTR/USDC | +0.043% | +0.0486% | 1h | $200K | $394K | 10x | as long as short |
| Aevo MSTR-PERP | +0.058% | +0.0104% | 1h | $139 | — | 10x | as long as short |
| Deribit MSTR_USDC-PERPETUAL | +0.067% | +0.1068% | 1h | $284K | $454K | 10x | as long as short |
| Variational Omni MSTR | +0.084% | +0.0334% | 8h | $1.3M | $2.2M | — | as long as short |
| edgeX MSTRUSDC | +0.107% | +0.0995% | 4h | $63K | $4.5M | 10x | as long as short |
| ApeX Omni MSTRUSDT | +0.294% | +0.0100% | 1h | $133K | $2.4M | 50x | as long as short |