MSTR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0118%/8h= +12.9% APRnext payment +$1.18 per $10,000 · paid last 24h +0.003%

Price spread now: OKX against Aster+0.032%7-day average +0.022% · you sell dearer than you buy

Net, funding: paid 7d − costs−$17as in the Funding arb table

Net, price: spread back to 7d avg − costs−$27as in the Price arb table

costs, in and out, $10k−$280.276% of the position

Long on Aster Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.110%+$11 on $10k

Price spread, last 7 days+0.057%+$6 · spread now +0.032%, 7d avg +0.022%

Together, before fees+0.167%+ Points / potential airdropAster: Stage 5 · farm board+$17 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.022%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster MSTRUSDT	162.86	0.0031	pay 0.0031% / 8h	1h 30m	$1.8M	$8.7M	50x
Short	OKX MSTR-USDT-SWAP	162.91	0.0149	get 0.0149% / 8h	1h 30m	$20.7M	$100.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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

Position, each leg$Hold fordaysFee AsterbpFee OKXbpOrdersPrice spread, now +0.032%Rate

Funding earned: $24.69
Price spread: +0.032% → +0.022%: $1.05
Slippage, 4 orders: −$9.59
Fee Aster: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: −$1.84
Costs to cover: 0.276%
Break-even: 7.5 days

Slippage from Aster: live order book, 3 min ago; OKX: live order book, 4 min ago.

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, 3 min ago	0.61 bp	9.1 bp −$9	129.5 bp −$1,295	doesn't fit	doesn't fit
Sell OKX live order book, 4 min ago	0.31 bp	6.0 bp −$6	12.5 bp −$125	96.8 bp −$9,676	doesn't fit

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	−0.0953%	8h	163.10	+0.149%	$28.7M	$118.7M	25x	as long as short
Gate MSTR_USDT	0.0000%	8h	162.92	+0.038%	$4.7M	$19.6M	50x	as long as short
Phemex MSTRUSDT	0.0000%	4h	162.84	−0.011%	$2.7M	$78K	10x	as long as short
Aster MSTRUSDTlong	+0.0031%	8h	162.86	long leg	$1.8M	$8.7M	50x
Extended MSTR_24_5-USD	+0.0032%	1h	162.69	−0.106%	$508K	$2.0M	10x	as long as short
Injective MSTR/USDC PERP	+0.0033%	1h	169.34	+3.981%	$8K	$26K	30x	as long as short
Arcus MSTR-USD	+0.0040%	1h	162.79	−0.041%	$26K	$113K	10x	as long as short
Vest MSTR-USD-PERP	+0.0046%	1h	162.49	−0.226%	—	$1.8M	25x	as long as short
Polymarket Perps MSTR-USD	+0.0050%	1h	162.79	−0.041%	$377K	$2.7M	10x	as long as short
SoDEX MSTR-USD	+0.0050%	1h	162.74	−0.072%	$43K	$3K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps MSTR-USD.P	+0.0050%	1h	162.57	−0.176%	$849K	$3.9M	10x	as long as short
QFEX MSTR-USD	+0.0057%	1h	162.85	−0.005%	$1.3M	$7.2M	10x	as long as short
Pacifica MSTR	+0.0100%	1h	162.85	−0.006%	$100K	$83K	10x	as long as short
KuCoin MSTRUSDTM	+0.0100%	8h	162.73	−0.078%	$2.4M	$2.7M	20x	as long as short
ApeX Omni MSTRUSDT	+0.0100%	1h	162.59	−0.164%	$5K	$182K	50x	as long as short
Orderly PERP_MSTR_USDC_mythos	+0.0100%	8h	162.87	+0.008%	$2K	$13K	10x	as long as short
Aevo MSTR-PERP	+0.0104%	1h	162.77	−0.056%	$135	—	10x	as long as short
OKX MSTR-USDT-SWAPshort	+0.0149%	8h	162.91	+0.032%	$20.7M	$100.2M	50x
Variational Omni MSTR	+0.0151%	8h	162.75	−0.068%	$1.2M	$2.1M	—	as long as short
Coinbase International MSTR-PERP-INTX	+0.0152%	1h	161.52	−0.821%	$1.4M	$1.1M	10x	as long as short
Lighter MSTR	+0.0160%	1h	162.80	−0.035%	$3.5M	$2.0M	10x	as long as short
Paradex MSTR-USD-PERP	+0.0161%	8h	162.82	−0.023%	$65	—	5x	as long as short
Binance MSTRUSDT	+0.0230%	8h	162.89	+0.020%	$83.8M	$627.4M	50x	as long as short
GRVT MSTR_USDT_Perp	+0.0243%	8h	162.88	+0.014%	$83K	$878K	10x	as long as short
tradeXYZ xyz:MSTR	+0.0282%	1h	162.80	−0.035%	$54.0M	$37.3M	10x	as long as short
Phoenix MSTR	+0.0328%	1h	162.69	−0.105%	$55K	$223K	10x	as long as short
BloFin MSTR-USDT	+0.0350%	8h	162.76	−0.060%	$1.0M	$2.1M	20x	as long as short
Nado MSTR-PERP	+0.0351%	1h	162.71	−0.091%	$130K	$157K	3x	as long as short
RISEx MSTR/USDC	+0.0381%	1h	162.89	+0.020%	$264K	$428K	10x	as long as short
Bybit MSTRUSDT	+0.0382%	8h	162.91	+0.032%	$16.8M	$41.8M	50x	as long as short
Deribit MSTR_USDC-PERPETUAL	+0.0734%	1h	162.72	−0.084%	$277K	$437K	10x	as long as short
edgeX MSTRUSDC	+0.0743%	4h	162.73	−0.079%	$45K	$5.4M	10x	as long as short