After costs, if the gap returns to its 7d average, $10k−$38
spread now−0.050%7d average−0.045%fees + slippage, in and out−$38spread needed0.375%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MSTRUSDT | 165.76 | 0.0276 | pay 0.0276% / 8h | 7h 18m | $89.8M | $557.8M | 50x |
| Short | Aster MSTRUSDT | 165.67 | 0.0268 | get 0.0268% / 8h | 7h 18m | $1.3M | $6.0M | 50x |
Binance MSTRUSDT
Aster MSTRUSDTPrice 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
- −$5.02
- Funding while held
- −$0.26
- Slippage, 4 orders
- −$19.54
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$42.82
- Spread needed to break even
- 0.375%
Slippage from Binance: live order book, 12 min ago; Aster: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0009%
- Per $10,000 a day
- −$0.26
- 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 Binance live order book, 12 min ago | 0.30 bp | 5.7 bp −$6 | 8.8 bp −$88 | 27.3 bp −$2,727 | 52.7 bp −$26.3K |
| Sell Aster live order book, 2 min ago | 2.72 bp | 12.6 bp −$13 | 41.4 bp −$414 | doesn't fit | doesn't fit |
MSTR price on every exchange
against the cheapest. Click to use as the short leg.Ondo Perps165.22cheapestNado165.22+0.003%SoDEX165.35+0.079%Orderly165.45+0.139%Phemex165.45+0.139%Aevo165.46+0.145%Deribit165.46+0.145%BloFin165.56+0.206%Extended165.63+0.246%Lighter165.66+0.266%Vest165.67+0.272%
Ondo Perps
Nado
SoDEX
Orderly
Phemex
Aevo
Deribit
BloFin
Extended
Lighter
VestAster165.67+0.275%
Pacifica165.71+0.296%Gate165.74+0.315%KuCoin165.74+0.315%Paradex165.75+0.323%
Pacifica
Gate
KuCoin
ParadexBinance165.76+0.325%
RISEx165.77+0.333%QFEX165.79+0.345%Polymarket Perps165.79+0.345%Phoenix165.80+0.352%Bybit165.83+0.369%OKX165.83+0.369%Bitget165.83+0.369%Arcus165.84+0.375%ApeX Omni165.84+0.375%tradeXYZ165.86+0.387%Coinbase International165.97+0.454%Injective166.15+0.563%edgeX166.24+0.616%Variational Omni166.27+0.636%
RISEx
QFEX
Polymarket Perps
Phoenix
Bybit
OKX
Bitget
Arcus
ApeX Omni
tradeXYZ
Coinbase International
Injective
Variational OmniMSTR on 31 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Ondo Perps MSTR-USD.P | −0.324% | +0.0050% | 1h | $884K | $4.4M | 10x | as long as short |
| Nado MSTR-PERP | −0.321% | +0.0118% | 1h | $124K | $254K | 3x | as long as short |
| SoDEX MSTR-USD | −0.245% | +0.0050% | 1h | $43K | $3K | 10x | as long as short |
| Orderly PERP_MSTR_USDC_mythos | −0.185% | +0.0100% | 8h | $3K | $12K | 10x | as long as short |
| Phemex MSTRUSDT | −0.185% | 0.0000% | 4h | $2.8M | $40K | 10x | as long as short |
| Aevo MSTR-PERP | −0.179% | +0.0104% | 1h | $137 | — | 10x | as long as short |
| Deribit MSTR_USDC-PERPETUAL | −0.179% | +0.0718% | 1h | $281K | $455K | 10x | as long as short |
| BloFin MSTR-USDT | −0.119% | +0.0402% | 8h | $1.1M | $1.4M | 20x | as long as short |
| Extended MSTR_24_5-USD | −0.079% | +0.0032% | 1h | $490K | $2.1M | 10x | as long as short |
| Lighter MSTR | −0.058% | +0.0032% | 1h | $3.5M | $2.8M | 10x | as long as short |
Show all 31 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Vest MSTR-USD-PERP | −0.052% | +0.0046% | 1h | — | $1.8M | 25x | as long as short |
| Aster MSTRUSDTshort | −0.050% | +0.0268% | 8h | $1.3M | $6.0M | 50x | |
| Pacifica MSTR | −0.029% | +0.0100% | 1h | $101K | $152K | 10x | as long as short |
| Gate MSTR_USDT | −0.010% | 0.0000% | 8h | $4.9M | $19.0M | 50x | as long as short |
| KuCoin MSTRUSDTM | −0.010% | +0.0100% | 8h | $2.5M | $2.6M | 20x | as long as short |
| Paradex MSTR-USD-PERP | −0.002% | +0.0099% | 8h | $66 | — | 5x | as long as short |
| Binance MSTRUSDTlong | 0.000% | +0.0276% | 8h | $89.8M | $557.8M | 50x | |
| RISEx MSTR/USDC | +0.008% | +0.0277% | 1h | $297K | $465K | 10x | as long as short |
| QFEX MSTR-USD | +0.020% | +0.0041% | 1h | $1.3M | $9.3M | 10x | as long as short |
| Polymarket Perps MSTR-USD | +0.020% | +0.0050% | 1h | $402K | $2.3M | 10x | as long as short |
| Phoenix MSTR | +0.027% | +0.0226% | 1h | $55K | $380K | 10x | as long as short |
| Bybit MSTRUSDT | +0.044% | +0.0398% | 8h | $15.4M | $41.6M | 50x | as long as short |
| OKX MSTR-USDT-SWAP | +0.044% | +0.0243% | 8h | $22.3M | $100.6M | 50x | as long as short |
| Bitget MSTRUSDT | +0.044% | +0.0315% | 8h | $28.8M | $110.8M | 25x | as long as short |
| Arcus MSTR-USD | +0.050% | +0.0612% | 1h | $26K | $128K | 10x | as long as short |
| ApeX Omni MSTRUSDT | +0.050% | +0.0100% | 1h | $129K | $1.8M | 50x | as long as short |
| tradeXYZ xyz:MSTR | +0.062% | +0.0156% | 1h | $56.6M | $31.8M | 10x | as long as short |
| Coinbase International MSTR-PERP-INTX | +0.129% | +0.0112% | 1h | $1.5M | $1.1M | 10x | as long as short |
| Injective MSTR/USDC PERP | +0.237% | +0.0312% | 1h | $12K | $93K | 30x | as long as short |
| edgeX MSTRUSDC | +0.290% | +0.0169% | 4h | $45K | $4.9M | 10x | as long as short |
| Variational Omni MSTR | +0.310% | +0.0234% | 8h | $1.3M | $2.2M | — | as long as short |