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Funding arb · Price arb /

MSTR

RWAall MSTR markets
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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 07:00 UTC+0.0017%/8h= +1.9% APRpaid last 24h +0.004%
Price spread now: Injective against Aster+3.739%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Long on AsterShort on Injective
What this pair did over the last
the charts below follow
Funding, last 7 days+0.037%+$4 on $10k
Price spread, last 7 days—no price history on both exchanges yet
Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Injective is 3.739% dearer against Aster than usual: you sell high and buy low: +$374 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster MSTRUSDT163.240.0016pay 0.0016% / 8h1h 54m$1.8M$8.7M50x
ShortInjective MSTR/USDC PERP169.340.0033get 0.0004% / 1h54m 42s$8K$26K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Aster. 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
$3.65
Price spread: +3.739% → 0.000%
$373.88
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$369.51
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Aster: live order book, 4 min ago; Injective: 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 Aster live order book, 4 min ago0.31 bp7.7 bp −$8117.2 bp −$1,172doesn't fitdoesn't fit
Sell Injective no order-book sample—————
Injective: 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−0.0900%8h163.41+0.106%$28.7M$119.1M25xas long as short
Gate MSTR_USDT0.0000%8h163.33+0.057%$4.7M$19.5M50xas long as short
Phemex MSTRUSDT0.0000%4h163.40+0.100%$2.8M$78K10xas long as short
Aster MSTRUSDTlong+0.0016%8h163.24long leg$1.8M$8.7M50x
Extended MSTR_24_5-USD+0.0032%1h163.09−0.090%$509K$2.0M10xas long as short
Injective MSTR/USDC PERPshort+0.0033%1h169.34+3.739%$8K$26K30x
Arcus MSTR-USD+0.0040%1h163.51+0.167%$26K$113K10xas long as short
Vest MSTR-USD-PERP+0.0045%1h163.21−0.016%—$1.8M25xas long as short
Polymarket Perps MSTR-USD+0.0050%1h163.28+0.026%$377K$2.7M10xas long as short
SoDEX MSTR-USD+0.0050%1h163.30+0.039%$43K$3K10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps MSTR-USD.P+0.0050%1h163.48+0.149%$843K$3.9M10xas long as short
QFEX MSTR-USD+0.0057%1h163.36+0.075%$1.3M$7.3M10xas long as short
Pacifica MSTR+0.0100%1h163.14−0.062%$100K$83K10xas long as short
KuCoin MSTRUSDTM+0.0100%8h163.20−0.023%$2.4M$2.7M20xas long as short
ApeX Omni MSTRUSDT+0.0100%1h163.33+0.057%$5K$182K50xas long as short
Orderly PERP_MSTR_USDC_mythos+0.0100%8h163.30+0.039%$2K$13K10xas long as short
Aevo MSTR-PERP+0.0104%1h163.32+0.050%$136—10xas long as short
OKX MSTR-USDT-SWAP+0.0120%8h163.21−0.016%$20.7M$100.6M50xas long as short
Paradex MSTR-USD-PERP+0.0139%8h163.20−0.021%$65—5xas long as short
Variational Omni MSTR+0.0143%8h163.37+0.079%$1.2M$2.1M—as long as short
Coinbase International MSTR-PERP-INTX+0.0152%1h161.52−1.052%$1.4M$1.1M10xas long as short
tradeXYZ xyz:MSTR+0.0154%1h163.14−0.059%$54.1M$37.3M10xas long as short
Binance MSTRUSDT+0.0216%8h163.21−0.016%$83.8M$629.1M50xas long as short
Lighter MSTR+0.0216%1h163.22−0.010%$3.5M$2.0M10xas long as short
GRVT MSTR_USDT_Perp+0.0229%8h163.55+0.191%$83K$865K10xas long as short
Nado MSTR-PERP+0.0326%1h163.24+0.002%$130K$157K3xas long as short
BloFin MSTR-USDT+0.0336%8h163.41+0.106%$1.0M$2.1M20xas long as short
Phoenix MSTR+0.0362%1h163.67+0.268%$56K$223K10xas long as short
Bybit MSTRUSDT+0.0373%8h163.24+0.002%$16.8M$41.8M50xas long as short
RISEx MSTR/USDC+0.0381%1h163.37+0.082%$263K$437K10xas long as short
edgeX MSTRUSDC+0.0458%4h163.50+0.164%$46K$5.4M10xas long as short
Deribit MSTR_USDC-PERPETUAL+0.0669%1h163.37+0.082%$278K$437K10xas long as short