Settings8H · net · $10k
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Funding arb · Price arb /

MSTR

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Alert: funding
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Alert: spread
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Funding you earn now, next payment 08:00 UTC+0.0047%/8h= +5.1% APRnext payment +$0.47 per $10,000 · paid last 24h −0.017%
Price spread now: KuCoin against Aster0.000%7-day average −0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$970.975% of the position
Long on AsterShort on KuCoin
What this pair did over the last
the charts below follow
Funding, last 7 days−0.015%−$1 on $10k
Price spread, last 7 days+0.015%+$2 · spread now 0.000%, 7d avg −0.017%
Together, before fees+0.001%+ Points / potential airdropAster: Stage 5 · farm board$0 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.017%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster MSTRUSDT163.640.0053pay 0.0053% / 8h1h 15m$1.8M$8.7M50x
ShortKuCoin MSTRUSDTM163.640.0100get 0.0100% / 8h1h 15m$2.4M$2.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$9.78
Price spread: 0.000% → −0.017%
$1.65
Slippage, 4 orders
−$77.47
Fee Aster: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$86.04
Costs to cover
0.975%
Break-even
68.6 days
Slippage from Aster: live order book, 3 min ago; KuCoin: live order book, 1 min ago.

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, 3 min ago3.06 bp11.0 bp −$11141.4 bp −$1,414doesn't fitdoesn't fit
Sell KuCoin live order book, 1 min ago2.44 bp51.0 bp −$51doesn't fitdoesn't fitdoesn't fit

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−0.0743%8h163.84+0.122%$29.2M$118.8M25xas long as short
Gate MSTR_USDT0.0000%8h163.73+0.055%$4.7M$19.7M50xas long as short
Phemex MSTRUSDT0.0000%4h163.76+0.073%$2.8M$79K10xas long as short
Extended MSTR_24_5-USD+0.0032%1h163.56−0.046%$511K$2.0M10xas long as short
Injective MSTR/USDC PERP+0.0033%1h169.34+3.483%$8K$26K30xas long as short
Arcus MSTR-USD+0.0040%1h163.78+0.085%$26K$113K10xas long as short
Vest MSTR-USD-PERP+0.0046%1h163.73+0.055%—$1.8M25xas long as short
Polymarket Perps MSTR-USD+0.0050%1h163.63−0.006%$379K$2.7M10xas long as short
Ondo Perps MSTR-USD.P+0.0050%1h163.56−0.049%$850K$3.9M10xas long as short
Aster MSTRUSDTlong+0.0053%8h163.64long leg$1.8M$8.7M50x
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX MSTR-USD+0.0057%1h163.69+0.030%$1.3M$7.2M10xas long as short
Pacifica MSTR+0.0100%1h163.67+0.019%$100K$83K10xas long as short
KuCoin MSTRUSDTMshort+0.0100%8h163.640.000%$2.4M$2.7M20x
ApeX Omni MSTRUSDT+0.0100%1h163.74+0.061%$5K$182K50xas long as short
Orderly PERP_MSTR_USDC_mythos+0.0100%8h163.72+0.049%$2K$13K10xas long as short
Aevo MSTR-PERP+0.0104%1h163.74+0.059%$136—10xas long as short
Lighter MSTR+0.0120%1h163.640.000%$3.5M$2.0M10xas long as short
SoDEX MSTR-USD+0.0125%1h163.66+0.012%$43K$3K10xas long as short
Coinbase International MSTR-PERP-INTX+0.0152%1h161.52−1.296%$1.4M$1.1M10xas long as short
OKX MSTR-USDT-SWAP+0.0165%8h163.72+0.049%$20.9M$100.6M50xas long as short
Paradex MSTR-USD-PERP+0.0166%8h163.68+0.026%$65—5xas long as short
Variational Omni MSTR+0.0175%8h163.69+0.028%$1.2M$2.1M—as long as short
tradeXYZ xyz:MSTR+0.0249%1h163.65+0.006%$54.2M$37.2M10xas long as short
Binance MSTRUSDT+0.0250%8h163.73+0.055%$84.2M$626.9M50xas long as short
GRVT MSTR_USDT_Perp+0.0267%8h163.79+0.094%$84K$878K10xas long as short
Phoenix MSTR+0.0328%1h163.73+0.053%$56K$223K10xas long as short
Nado MSTR-PERP+0.0361%1h163.66+0.009%$131K$157K3xas long as short
BloFin MSTR-USDT+0.0371%8h163.87+0.140%$1.0M$2.1M20xas long as short
RISEx MSTR/USDC+0.0381%1h163.74+0.061%$265K$428K10xas long as short
Bybit MSTRUSDT+0.0387%8h163.77+0.079%$17.1M$41.9M50xas long as short
Deribit MSTR_USDC-PERPETUAL+0.0667%1h163.74+0.061%$278K$437K10xas long as short
edgeX MSTRUSDC+0.0874%4h163.79+0.092%$46K$5.4M10xas long as short