MSTR

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.005%

Price spread now: Orderly against Aster−0.017%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Aster Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 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	168.84	0	get 0.0000% / 8h	20m 47s	$1.2M	$6.1M	50x
Short	Orderly PERP_MSTR_USDC_mythos	168.81	0.0100	get 0.0100% / 8h	20m 47s	$3K	$11K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now −0.017%Rate

Funding earned: $21
Price spread: −0.017% → 0.000%: −$1.67
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Orderly: 3 bp × 2 orders: −$6
Net: $5.33
Costs to cover: 0.140%
Break-even: 5.2 days

Slippage unknown: Aster: live order book, 3 min ago; Orderly: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aster live order book, 3 min ago	1.18 bp	6.9 bp −$7	208.2 bp −$2,082	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado MSTR-PERP	−0.0031%	1h	168.77	−0.040%	$139K	$97K	3x	as long as short
Aster MSTRUSDTlong	0.0000%	8h	168.84	long leg	$1.2M	$6.1M	50x
Gate MSTR_USDT	0.0000%	8h	168.82	−0.011%	$4.7M	$19.5M	50x	as long as short
Variational Omni MSTR	0.0000%	8h	168.80	−0.021%	$1.2M	$2.4M	—	as long as short
Phemex MSTRUSDT	0.0000%	4h	169.04	+0.120%	$2.9M	$65K	10x	as long as short
RISEx MSTR/USDC	+0.0001%	1h	168.80	−0.023%	$275K	$441K	10x	as long as short
OKX MSTR-USDT-SWAP	+0.0004%	8h	168.84	+0.001%	$21.9M	$106.2M	50x	as long as short
Lighter MSTR	+0.0032%	1h	168.81	−0.017%	$3.6M	$2.4M	10x	as long as short
Extended MSTR_24_5-USD	+0.0032%	1h	168.69	−0.087%	$583K	$1.8M	10x	as long as short
BloFin MSTR-USDT	+0.0036%	8h	168.82	−0.011%	$1.1M	$1.9M	20x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget MSTRUSDT	+0.0042%	8h	168.87	+0.019%	$28.6M	$120.0M	25x	as long as short
GRVT MSTR_USDT_Perp	+0.0043%	8h	168.83	−0.005%	$77K	$871K	10x	as long as short
Vest MSTR-USD-PERP	+0.0046%	1h	168.89	+0.031%	—	$2.1M	25x	as long as short
QFEX MSTR-USD	+0.0049%	1h	168.82	−0.011%	$1.5M	$10.2M	10x	as long as short
Polymarket Perps MSTR-USD	+0.0050%	1h	168.79	−0.029%	$394K	$2.8M	10x	as long as short
SoDEX MSTR-USD	+0.0050%	1h	168.74	−0.058%	$44K	$3K	10x	as long as short
Ondo Perps MSTR-USD.P	+0.0050%	1h	168.65	−0.111%	$772K	$5.2M	10x	as long as short
Binance MSTRUSDT	+0.0056%	8h	168.83	−0.005%	$89.1M	$629.1M	50x	as long as short
Bybit MSTRUSDT	+0.0079%	8h	168.86	+0.013%	$15.1M	$40.4M	50x	as long as short
Coinbase International MSTR-PERP-INTX	+0.0096%	1h	168.75	−0.052%	$1.4M	$1.2M	10x	as long as short
Pacifica MSTR	+0.0100%	1h	168.77	−0.039%	$104K	$87K	10x	as long as short
KuCoin MSTRUSDTM	+0.0100%	8h	168.77	−0.040%	$2.5M	$2.8M	20x	as long as short
ApeX Omni MSTRUSDT	+0.0100%	1h	168.77	−0.040%	$4K	$321K	50x	as long as short
Orderly PERP_MSTR_USDC_mythosshort	+0.0100%	8h	168.81	−0.017%	$3K	$11K	10x
Injective MSTR/USDC PERP	+0.0104%	1h	169.21	+0.220%	$13K	$21K	30x	as long as short
Aevo MSTR-PERP	+0.0104%	1h	168.78	−0.033%	$140	—	10x	as long as short
Paradex MSTR-USD-PERP	+0.0113%	8h	168.79	−0.028%	$68	—	5x	as long as short
tradeXYZ xyz:MSTR	+0.0154%	1h	168.76	−0.046%	$57.0M	$37.2M	10x	as long as short
edgeX MSTRUSDC	+0.0231%	4h	168.79	−0.026%	$47K	$5.5M	10x	as long as short
Phoenix MSTR	+0.0260%	1h	168.92	+0.047%	$56K	$392K	10x	as long as short
Deribit MSTR_USDC-PERPETUAL	+0.0283%	1h	168.89	+0.031%	$287K	$438K	10x	as long as short
Arcus MSTR-USD	+0.0738%	1h	168.89	+0.031%	$27K	$129K	10x	as long as short