After costs, if the gap returns to its 7d average, $10k−$32
spread now+0.114%7d average+0.020%fees + slippage, in and out−$41spread needed0.412%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster MSTRUSDT | 165.81 | 0.0491 | pay 0.0491% / 8h | 1h 50m | $1.9M | $4.3M | 50x |
| Short | Gate MSTR_USDT | 166.00 | 0 | get 0.0000% / 8h | 1h 50m | $5.0M | $18.1M | 50x |
Aster MSTRUSDT
Gate MSTR_USDTPrice 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
- $11.38
- Funding while held
- −$14.73
- Slippage, 4 orders
- −$18.19
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$44.54
- Spread needed to break even
- 0.412%
Slippage from Aster: live order book, 4 min ago; Gate: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0491%
- Per $10,000 a day
- −$14.73
- 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, 4 min ago | 1.20 bp | 8.4 bp −$8 | 30.3 bp −$303 | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 3.01 bp | 12.2 bp −$12 | 34.8 bp −$348 | 100.3 bp −$10.0K | doesn't fit |
MSTR price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International165.56cheapestedgeX165.57+0.007%Aevo165.61+0.031%Nado165.63+0.042%Orderly165.64+0.048%ApeX Omni165.65+0.054%SoDEX165.66+0.060%Vest165.68+0.072%Deribit165.69+0.079%BloFin165.74+0.109%Polymarket Perps165.77+0.127%Variational Omni165.78+0.135%
Coinbase International
Aevo
Nado
Orderly
ApeX Omni
SoDEX
Vest
Deribit
BloFin
Polymarket Perps
Variational OmniAster165.81+0.152%
QFEX165.83+0.163%Extended165.88+0.194%tradeXYZ165.91+0.211%KuCoin165.93+0.223%Ondo Perps165.94+0.230%Phemex165.94+0.230%
QFEX
Extended
tradeXYZ
KuCoin
Ondo Perps
PhemexGate166.00+0.266%
Pacifica166.01+0.270%Binance166.01+0.273%OKX166.02+0.278%RISEx166.03+0.281%Bitget166.04+0.290%Phoenix166.04+0.291%Arcus166.05+0.296%Paradex166.06+0.304%Lighter166.07+0.308%Bybit166.07+0.308%Injective167.52+1.184%
Pacifica
Binance
OKX
RISEx
Bitget
Phoenix
Arcus
Paradex
Lighter
Bybit
InjectiveMSTR on 31 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International MSTR-PERP-INTX | −0.152% | +0.0160% | 1h | $1.5M | $1.2M | 10x | as long as short |
| edgeX MSTRUSDC | −0.145% | +0.0381% | 4h | $56K | $4.0M | 10x | as long as short |
| Aevo MSTR-PERP | −0.120% | +0.0104% | 1h | $137 | — | 10x | as long as short |
| Nado MSTR-PERP | −0.109% | +0.0054% | 1h | $154K | $251K | 3x | as long as short |
| Orderly PERP_MSTR_USDC_mythos | −0.103% | +0.0100% | 8h | $3K | $14K | 10x | as long as short |
| ApeX Omni MSTRUSDT | −0.097% | +0.0100% | 1h | $132K | $2.4M | 50x | as long as short |
| SoDEX MSTR-USD | −0.091% | +0.0050% | 1h | $44K | $3K | 10x | as long as short |
| Vest MSTR-USD-PERP | −0.079% | +0.0046% | 1h | — | $1.3M | 25x | as long as short |
| Deribit MSTR_USDC-PERPETUAL | −0.073% | +0.0414% | 1h | $282K | $454K | 10x | as long as short |
| BloFin MSTR-USDT | −0.043% | +0.0594% | 8h | $1.1M | $1.4M | 20x | as long as short |
Show all 31 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Polymarket Perps MSTR-USD | −0.025% | +0.0050% | 1h | $423K | $1.6M | 10x | as long as short |
| Variational Omni MSTR | −0.017% | +0.0385% | 8h | $1.3M | $2.1M | — | as long as short |
| Aster MSTRUSDTlong | 0.000% | +0.0491% | 8h | $1.9M | $4.3M | 50x | |
| QFEX MSTR-USD | +0.011% | +0.0057% | 1h | $1.3M | $8.8M | 10x | as long as short |
| Extended MSTR_24_5-USD | +0.042% | +0.0032% | 1h | $488K | $2.2M | 10x | as long as short |
| tradeXYZ xyz:MSTR | +0.060% | +0.0171% | 1h | $56.4M | $29.1M | 10x | as long as short |
| KuCoin MSTRUSDTM | +0.072% | +0.0114% | 8h | $3.2M | $2.1M | 20x | as long as short |
| Ondo Perps MSTR-USD.P | +0.078% | +0.0050% | 1h | $923K | $4.3M | 10x | as long as short |
| Phemex MSTRUSDT | +0.078% | 0.0000% | 4h | $2.8M | $27K | 10x | as long as short |
| Gate MSTR_USDTshort | +0.114% | 0.0000% | 8h | $5.0M | $18.1M | 50x | |
| Pacifica MSTR | +0.118% | +0.0100% | 1h | $102K | $176K | 10x | as long as short |
| Binance MSTRUSDT | +0.121% | +0.0454% | 8h | $88.4M | $463.1M | 50x | as long as short |
| OKX MSTR-USDT-SWAP | +0.126% | +0.0398% | 8h | $21.4M | $93.4M | 50x | as long as short |
| RISEx MSTR/USDC | +0.129% | +0.0566% | 1h | $189K | $388K | 10x | as long as short |
| Bitget MSTRUSDT | +0.138% | +0.0439% | 8h | $31.4M | $101.8M | 25x | as long as short |
| Phoenix MSTR | +0.139% | +0.0320% | 1h | $55K | $334K | 10x | as long as short |
| Arcus MSTR-USD | +0.144% | +0.0991% | 1h | $26K | $121K | 10x | as long as short |
| Paradex MSTR-USD-PERP | +0.152% | +0.0129% | 8h | $66 | — | 5x | as long as short |
| Lighter MSTR | +0.156% | +0.0144% | 1h | $3.5M | $2.8M | 10x | as long as short |
| Bybit MSTRUSDT | +0.156% | +0.0219% | 8h | $15.8M | $41.1M | 50x | as long as short |
| Injective MSTR/USDC PERP | +1.031% | −0.0440% | 1h | $12K | $103K | 30x | as long as short |