Funding you earn now, next payment 08:00 UTC−0.0345%/8h= −37.8% APRpaid last 24h −0.069%
Price spread now: Vest against BloFin+0.012%7-day average −0.896% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.134%−$13 on $10k
+Price spread, last 4 days (all we have)−0.135%−$14 · spread now +0.012%, 7d avg −0.896%
=Together, before fees−0.270%+ Points / potential airdropVest: Active · farm board−$27 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Vest is 0.908% dearer against BloFin than usual: you sell high and buy low (spread +0.012% now, against its 7-day average of −0.896%): +$91 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 8.8 days. At the pace of the last 4 days (−0.134% in total) that is about 24 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin MSTR-USDT | 162.97 | 0.0390 | pay 0.0390% / 8h | 10m 07s | $1.0M | $2.1M | 20x |
| Short | Vest MSTR-USD-PERP | 162.99 | 0.0046 | get 0.0006% / 1h | 10m 07s | — | $1.8M | 25x |
BloFin MSTR-USDT
Vest MSTR-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$72.41
- Price spread: +0.012% → −0.896%
- $90.84
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- $4.44
- Costs to cover
- 0.140%
- Break-even
- from the start
Slippage unknown: BloFin: live order book, 3 min ago; Vest: 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 BloFin live order book, 3 min ago | 0.61 bp | 7.5 bp −$8 | 10.2 bp −$102 | 23.2 bp −$2,315 | doesn't fit |
| Sell Vest no order-book sample | — | — | — | — | — |
Vest: 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget MSTRUSDT | −0.0452% | 8h | 163.32 | +0.215% | $29.5M | $119.2M | 25x | as long as short |
| Gate MSTR_USDT | 0.0000% | 8h | 163.23 | +0.160% | $4.7M | $19.6M | 50x | as long as short |
| Phemex MSTRUSDT | 0.0000% | 4h | 163.16 | +0.117% | $2.7M | $84K | 10x | as long as short |
| Extended MSTR_24_5-USD | +0.0032% | 1h | 163.06 | +0.055% | $591K | $2.1M | 10x | as long as short |
| Injective MSTR/USDC PERP | +0.0033% | 1h | 169.34 | +3.909% | $8K | $26K | 30x | as long as short |
| Arcus MSTR-USD | +0.0040% | 1h | 163.11 | +0.086% | $26K | $113K | 10x | as long as short |
| Vest MSTR-USD-PERPshort | +0.0046% | 1h | 162.99 | +0.012% | — | $1.8M | 25x | |
| Polymarket Perps MSTR-USD | +0.0050% | 1h | 163.09 | +0.074% | $377K | $2.7M | 10x | as long as short |
| SoDEX MSTR-USD | +0.0050% | 1h | 163.13 | +0.098% | $43K | $3K | 10x | as long as short |
| Ondo Perps MSTR-USD.P | +0.0050% | 1h | 162.85 | −0.074% | $888K | $3.7M | 10x | as long as short |
Bitget MSTRUSDT
Gate MSTR_USDT
Phemex MSTRUSDT
Extended MSTR_24_5-USD
Injective MSTR/USDC PERP
Arcus MSTR-USD
Polymarket Perps MSTR-USD
SoDEX MSTR-USD
Ondo Perps MSTR-USD.PShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter MSTR | +0.0056% | 1h | 163.11 | +0.086% | $3.5M | $2.0M | 10x | as long as short |
| QFEX MSTR-USD | +0.0067% | 1h | 163.13 | +0.098% | $1.3M | $7.1M | 10x | as long as short |
| Aster MSTRUSDT | +0.0075% | 8h | 163.19 | +0.137% | $1.8M | $8.7M | 50x | as long as short |
| Pacifica MSTR | +0.0100% | 1h | 163.00 | +0.020% | $100K | $89K | 10x | as long as short |
| KuCoin MSTRUSDTM | +0.0100% | 8h | 163.11 | +0.086% | $2.4M | $2.7M | 20x | as long as short |
| ApeX Omni MSTRUSDT | +0.0100% | 1h | 163.03 | +0.037% | $6K | $182K | 50x | as long as short |
| Orderly PERP_MSTR_USDC_mythos | +0.0100% | 8h | 163.19 | +0.135% | $2K | $13K | 10x | as long as short |
| Aevo MSTR-PERP | +0.0104% | 1h | 163.20 | +0.144% | $135 | — | 10x | as long as short |
| Coinbase International MSTR-PERP-INTX | +0.0136% | 1h | 162.62 | −0.215% | $1.4M | $1.1M | 10x | as long as short |
| Paradex MSTR-USD-PERP | +0.0139% | 8h | 163.07 | +0.063% | $65 | — | 5x | as long as short |
| Nado MSTR-PERP | +0.0175% | 1h | 163.05 | +0.049% | $125K | $165K | 3x | as long as short |
| Variational Omni MSTR | +0.0197% | 8h | 163.01 | +0.024% | $1.2M | $2.0M | — | as long as short |
| OKX MSTR-USDT-SWAP | +0.0200% | 8h | 163.16 | +0.117% | $20.8M | $99.8M | 50x | as long as short |
| Binance MSTRUSDT | +0.0269% | 8h | 163.16 | +0.117% | $83.9M | $620.2M | 50x | as long as short |
| GRVT MSTR_USDT_Perp | +0.0270% | 8h | 163.12 | +0.095% | $82K | $859K | 10x | as long as short |
| edgeX MSTRUSDC | +0.0324% | 4h | 162.80 | −0.107% | $46K | $5.4M | 10x | as long as short |
| Phoenix MSTR | +0.0357% | 1h | 163.17 | +0.122% | $55K | $223K | 10x | as long as short |
| BloFin MSTR-USDTlong | +0.0390% | 8h | 162.97 | long leg | $1.0M | $2.1M | 20x | |
| Bybit MSTRUSDT | +0.0406% | 8h | 163.17 | +0.123% | $17.1M | $41.7M | 50x | as long as short |
| tradeXYZ xyz:MSTR | +0.0440% | 1h | 163.09 | +0.074% | $53.9M | $37.7M | 10x | as long as short |
| RISEx MSTR/USDC | +0.0493% | 1h | 163.20 | +0.141% | $268K | $419K | 10x | as long as short |
| Deribit MSTR_USDC-PERPETUAL | +0.0670% | 1h | 163.21 | +0.147% | $278K | $437K | 10x | as long as short |
Lighter MSTR
QFEX MSTR-USD
Aster MSTRUSDT
Pacifica MSTR
KuCoin MSTRUSDTM
ApeX Omni MSTRUSDT
Orderly PERP_MSTR_USDC_mythos
Aevo MSTR-PERP
Coinbase International MSTR-PERP-INTX
Paradex MSTR-USD-PERP
Nado MSTR-PERP
Variational Omni MSTR
OKX MSTR-USDT-SWAP
Binance MSTRUSDT
GRVT MSTR_USDT_Perp
edgeX MSTRUSDC
Phoenix MSTR
Bybit MSTRUSDT
tradeXYZ xyz:MSTR
RISEx MSTR/USDC
Deribit MSTR_USDC-PERPETUAL