After costs, if the gap returns to its 7d average, $10k−$39
spread now+0.006%7d average−0.020%fees + slippage, in and out−$41spread needed0.412%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MSTR_USDT | 165.51 | 0 | get 0.0000% / 8h | 2h 38m | $4.9M | $16.6M | 50x |
| Short | Aster MSTRUSDT | 165.52 | 0.0566 | get 0.0566% / 8h | 2h 38m | $1.9M | $3.4M | 50x |
Gate MSTR_USDT
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
- $0.61
- Funding while held
- $16.98
- Slippage, 4 orders
- −$18.24
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$23.65
- Spread needed to break even
- 0.412%
Slippage from Gate: live order book, 1 min ago; Aster: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0566%
- Per $10,000 a day
- +$16.98
- 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, 1 min ago | 3.02 bp | 12.1 bp −$12 | 38.4 bp −$384 | doesn't fit | doesn't fit |
| Sell Aster live order book, 1 min ago | 0.91 bp | 9.3 bp −$9 | 29.9 bp −$299 | doesn't fit | doesn't fit |
MSTR price on every exchange
against the cheapest. Click to use as the short leg.Extended165.35cheapestKuCoin165.44+0.056%tradeXYZ165.45+0.062%Binance165.46+0.068%Bybit165.46+0.068%Lighter165.50+0.092%Ondo Perps165.50+0.092%Bitget165.50+0.092%
Extended
KuCoin
tradeXYZ
Binance
Bybit
Lighter
Ondo Perps
BitgetGate165.51+0.098%
OKX165.52+0.104%Vest165.52+0.104%
OKX
VestAster165.52+0.104%
SoDEX165.54+0.116%Nado165.56+0.127%ApeX Omni165.56+0.128%Orderly165.56+0.128%Deribit165.56+0.128%Pacifica165.58+0.138%Polymarket Perps165.60+0.152%Coinbase International165.60+0.152%Phoenix165.61+0.158%QFEX165.62+0.165%Aevo165.63+0.170%BloFin165.65+0.183%Paradex165.65+0.186%Phemex165.72+0.225%RISEx165.72+0.228%Arcus165.74+0.237%Variational Omni165.87+0.316%edgeX165.93+0.351%Injective166.49+0.691%
SoDEX
Nado
ApeX Omni
Orderly
Deribit
Pacifica
Polymarket Perps
Coinbase International
Phoenix
QFEX
Aevo
BloFin
Paradex
Phemex
RISEx
Arcus
Variational Omni
InjectiveMSTR on 31 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended MSTR_24_5-USD | −0.098% | +0.0032% | 1h | $504K | $2.1M | 10x | as long as short |
| KuCoin MSTRUSDTM | −0.042% | +0.0155% | 8h | $2.6M | $1.3M | 20x | as long as short |
| tradeXYZ xyz:MSTR | −0.036% | +0.0451% | 1h | $58.6M | $21.1M | 10x | as long as short |
| Binance MSTRUSDT | −0.030% | +0.0521% | 8h | $86.2M | $358.2M | 50x | as long as short |
| Bybit MSTRUSDT | −0.030% | +0.0218% | 8h | $15.9M | $32.6M | 50x | as long as short |
| Lighter MSTR | −0.006% | +0.0120% | 1h | $3.5M | $2.5M | 10x | as long as short |
| Ondo Perps MSTR-USD.P | −0.006% | +0.0050% | 1h | $930K | $4.0M | 10x | as long as short |
| Bitget MSTRUSDT | −0.006% | +0.0501% | 8h | $32.0M | $85.2M | 25x | as long as short |
| Gate MSTR_USDTlong | 0.000% | 0.0000% | 8h | $4.9M | $16.6M | 50x | |
| OKX MSTR-USDT-SWAP | +0.006% | +0.0457% | 8h | $21.5M | $73.4M | 50x | as long as short |