After costs, if the gap returns to its 7d average, $10k−$160
spread now−0.006%7d average+0.012%fees + slippage, in and out−$158spread needed1.578%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MSTR_USDT | 166.91 | 0 | get 0.0000% / 8h | 6h 57m | $4.8M | $18.2M | 50x |
| Short | ApeX Omni MSTRUSDT | 166.90 | 0.0100 | get 0.0013% / 1h | 57m 25s | $130K | $1.6M | 50x |
Gate MSTR_USDT
ApeX Omni 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
- −$0.6
- Funding while held
- $3
- Slippage, 4 orders
- −$132.76
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$155.36
- Spread needed to break even
- 1.578%
Slippage from Gate: live order book, 3 min ago; ApeX Omni: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0100%
- Per $10,000 a day
- +$3.00
- 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 Gate live order book, 3 min ago | 2.69 bp | 11.2 bp −$11 | 25.5 bp −$255 | 103.3 bp −$10.3K | doesn't fit |
| Sell ApeX Omni live order book, 3 min ago | 9.29 bp | 62.5 bp −$63 | doesn't fit | doesn't fit | doesn't fit |
MSTR price on every exchange
against the cheapest. Click to use as the short leg.Nado166.81cheapestExtended166.82+0.003%Pacifica166.84+0.016%tradeXYZ166.84+0.016%Binance166.84+0.016%Lighter166.85+0.022%KuCoin166.85+0.022%QFEX166.87+0.034%Paradex166.88+0.041%Aster166.89+0.046%OKX166.90+0.052%Bitget166.90+0.052%
Nado
Extended
Pacifica
tradeXYZ
Binance
Lighter
KuCoin
QFEX
Paradex
Aster
OKX
BitgetApeX Omni166.90+0.052%
RISEx166.91+0.058%
RISExGate166.91+0.058%
Polymarket Perps166.91+0.058%Arcus166.92+0.064%Orderly166.92+0.064%SoDEX166.93+0.070%Aevo166.94+0.075%Ondo Perps166.94+0.076%Bybit166.95+0.082%Deribit166.96+0.088%Phemex166.96+0.088%Vest167.00+0.112%BloFin167.04+0.136%Injective167.08+0.160%Variational Omni167.16+0.209%Phoenix167.16+0.209%edgeX167.16+0.211%Coinbase International167.24+0.256%
Polymarket Perps
Arcus
Orderly
SoDEX
Aevo
Ondo Perps
Bybit
Deribit
Phemex
Vest
BloFin
Injective
Variational Omni
Phoenix
Coinbase InternationalMSTR on 31 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Nado MSTR-PERP | −0.058% | −0.0037% | 1h | $125K | $247K | 3x | as long as short |
| Extended MSTR_24_5-USD | −0.055% | +0.0032% | 1h | $495K | $2.1M | 10x | as long as short |
| Pacifica MSTR | −0.043% | +0.0100% | 1h | $102K | $152K | 10x | as long as short |
| tradeXYZ xyz:MSTR | −0.042% | +0.0103% | 1h | $57.0M | $32.0M | 10x | as long as short |
| Binance MSTRUSDT | −0.042% | +0.0249% | 8h | $91.0M | $567.0M | 50x | as long as short |
| Lighter MSTR | −0.036% | +0.0032% | 1h | $3.6M | $2.6M | 10x | as long as short |
| KuCoin MSTRUSDTM | −0.036% | +0.0100% | 8h | $2.5M | $2.6M | 20x | as long as short |
| QFEX MSTR-USD | −0.024% | +0.0041% | 1h | $1.3M | $9.4M | 10x | as long as short |
| Paradex MSTR-USD-PERP | −0.017% | +0.0082% | 8h | $67 | — | 5x | as long as short |
| Aster MSTRUSDT | −0.012% | +0.0251% | 8h | $1.3M | $6.0M | 50x | as long as short |
Show all 31 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX MSTR-USDT-SWAP | −0.006% | +0.0214% | 8h | $22.5M | $101.7M | 50x | as long as short |
| Bitget MSTRUSDT | −0.006% | +0.0276% | 8h | $28.7M | $111.7M | 25x | as long as short |
| ApeX Omni MSTRUSDTshort | −0.006% | +0.0100% | 1h | $130K | $1.6M | 50x | |
| RISEx MSTR/USDC | 0.000% | +0.0017% | 1h | $295K | $467K | 10x | as long as short |
| Gate MSTR_USDTlong | 0.000% | 0.0000% | 8h | $4.8M | $18.2M | 50x | |
| Polymarket Perps MSTR-USD | 0.000% | +0.0050% | 1h | $405K | $2.3M | 10x | as long as short |
| Arcus MSTR-USD | +0.006% | +0.0599% | 1h | $26K | $130K | 10x | as long as short |
| Orderly PERP_MSTR_USDC_mythos | +0.006% | +0.0100% | 8h | $3K | $12K | 10x | as long as short |
| SoDEX MSTR-USD | +0.012% | +0.0050% | 1h | $44K | $3K | 10x | as long as short |
| Aevo MSTR-PERP | +0.017% | +0.0104% | 1h | $139 | — | 10x | as long as short |
| Ondo Perps MSTR-USD.P | +0.018% | +0.0050% | 1h | $826K | $4.6M | 10x | as long as short |
| Bybit MSTRUSDT | +0.024% | +0.0262% | 8h | $15.5M | $41.5M | 50x | as long as short |
| Deribit MSTR_USDC-PERPETUAL | +0.030% | +0.0529% | 1h | $284K | $455K | 10x | as long as short |
| Phemex MSTRUSDT | +0.030% | 0.0000% | 4h | $2.8M | $41K | 10x | as long as short |
| Vest MSTR-USD-PERP | +0.054% | +0.0046% | 1h | — | $1.8M | 25x | as long as short |
| BloFin MSTR-USDT | +0.078% | +0.0373% | 8h | $1.1M | $1.5M | 20x | as long as short |
| Injective MSTR/USDC PERP | +0.102% | +0.0249% | 1h | $12K | $68K | 30x | as long as short |
| Variational Omni MSTR | +0.150% | +0.0207% | 8h | $1.3M | $2.3M | — | as long as short |
| Phoenix MSTR | +0.150% | +0.0215% | 1h | $55K | $379K | 10x | as long as short |
| edgeX MSTRUSDC | +0.153% | +0.0616% | 4h | $49K | $5.0M | 10x | as long as short |
| Coinbase International MSTR-PERP-INTX | +0.198% | +0.0112% | 1h | $1.5M | $1.1M | 10x | as long as short |