Spread before costs (cost unknown: a leg has no order-book sample)−0.294%
7d average—if it closes, per $10,000$29funding while held, a day−$8.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective MSTR/USDC PERP | 166.56 | 0.0312 | pay 0.0039% / 1h | 41m 55s | $12K | $93K | 30x |
| Short | Vest MSTR-USD-PERP | 166.07 | 0.0046 | get 0.0006% / 1h | 41m 55s | — | $1.7M | 25x |
Injective MSTR/USDC PERP
Vest MSTR-USD-PERPPrice 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
- −$29.42
- Funding while held
- −$8
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$39.44
- Spread needed to break even
- 0.020%
Slippage unknown: Injective: no order-book sample; Vest: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0267%
- Per $10,000 a day
- −$8.00
- 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 Injective no order-book sample | — | — | — | — | — |
| Sell Vest no order-book sample | — | — | — | — | — |
Injective and 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 price on every exchange
against the cheapest. Click to use as the short leg.Phoenix165.76cheapestExtended165.89+0.079%Nado166.02+0.155%Binance166.04+0.170%tradeXYZ166.05+0.176%KuCoin166.05+0.176%OKX166.06+0.182%
Phoenix
Extended
Nado
Binance
tradeXYZ
KuCoin
OKXVest166.07+0.188%
BloFin166.07+0.188%Variational Omni166.07+0.188%Aster166.07+0.190%Lighter166.08+0.194%Ondo Perps166.09+0.200%Gate166.09+0.200%Bybit166.10+0.206%Bitget166.11+0.212%SoDEX166.11+0.212%Phemex166.15+0.236%ApeX Omni166.17+0.248%Aevo166.17+0.250%Pacifica166.17+0.250%Deribit166.18+0.254%Orderly166.19+0.260%Paradex166.20+0.267%QFEX166.26+0.302%Polymarket Perps166.27+0.308%RISEx166.28+0.311%Coinbase International166.32+0.338%Arcus166.33+0.344%edgeX166.45+0.414%
BloFin
Variational Omni
Aster
Lighter
Ondo Perps
Gate
Bybit
Bitget
SoDEX
Phemex
ApeX Omni
Aevo
Pacifica
Deribit
Orderly
Paradex
QFEX
Polymarket Perps
RISEx
Coinbase International
ArcusInjective166.56+0.483%
MSTR on 31 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phoenix MSTR | −0.481% | +0.0226% | 1h | $53K | $380K | 10x | as long as short |
| Extended MSTR_24_5-USD | −0.402% | +0.0032% | 1h | $499K | $2.2M | 10x | as long as short |
| Nado MSTR-PERP | −0.326% | +0.0145% | 1h | $125K | $257K | 3x | as long as short |
| Binance MSTRUSDT | −0.312% | +0.0312% | 8h | $89.5M | $555.6M | 50x | as long as short |
| tradeXYZ xyz:MSTR | −0.306% | +0.0178% | 1h | $56.8M | $31.3M | 10x | as long as short |
| KuCoin MSTRUSDTM | −0.306% | +0.0100% | 8h | $2.5M | $2.6M | 20x | as long as short |
| OKX MSTR-USDT-SWAP | −0.300% | +0.0272% | 8h | $22.3M | $100.9M | 50x | as long as short |
| Vest MSTR-USD-PERPshort | −0.294% | +0.0046% | 1h | — | $1.7M | 25x | |
| BloFin MSTR-USDT | −0.294% | +0.0430% | 8h | $1.1M | $1.4M | 20x | as long as short |
| Variational Omni MSTR | −0.294% | +0.0251% | 8h | $1.2M | $2.2M | — | as long as short |
Show all 31 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster MSTRUSDT | −0.292% | +0.0304% | 8h | $1.3M | $6.0M | 50x | as long as short |
| Lighter MSTR | −0.288% | +0.0048% | 1h | $3.6M | $2.8M | 10x | as long as short |
| Ondo Perps MSTR-USD.P | −0.282% | +0.0050% | 1h | $889K | $4.5M | 10x | as long as short |
| Gate MSTR_USDT | −0.282% | 0.0000% | 8h | $4.8M | $18.7M | 50x | as long as short |
| Bybit MSTRUSDT | −0.276% | +0.0471% | 8h | $15.4M | $42.2M | 50x | as long as short |
| Bitget MSTRUSDT | −0.270% | +0.0324% | 8h | $29.0M | $111.1M | 25x | as long as short |
| SoDEX MSTR-USD | −0.270% | +0.0050% | 1h | $44K | $3K | 10x | as long as short |
| Phemex MSTRUSDT | −0.246% | 0.0000% | 4h | $2.8M | $39K | 10x | as long as short |
| ApeX Omni MSTRUSDT | −0.234% | +0.0100% | 1h | $130K | $1.9M | 50x | as long as short |
| Aevo MSTR-PERP | −0.232% | +0.0104% | 1h | $138 | — | 10x | as long as short |
| Pacifica MSTR | −0.232% | +0.0100% | 1h | $102K | $153K | 10x | as long as short |
| Deribit MSTR_USDC-PERPETUAL | −0.228% | +0.0895% | 1h | $282K | $454K | 10x | as long as short |
| Orderly PERP_MSTR_USDC_mythos | −0.222% | +0.0100% | 8h | $3K | $12K | 10x | as long as short |
| Paradex MSTR-USD-PERP | −0.215% | +0.0113% | 8h | $66 | — | 5x | as long as short |
| QFEX MSTR-USD | −0.180% | +0.0041% | 1h | $1.3M | $9.3M | 10x | as long as short |
| Polymarket Perps MSTR-USD | −0.174% | +0.0050% | 1h | $410K | $2.3M | 10x | as long as short |
| RISEx MSTR/USDC | −0.171% | +0.0277% | 1h | $292K | $477K | 10x | as long as short |
| Coinbase International MSTR-PERP-INTX | −0.144% | +0.0112% | 1h | $1.5M | $1.2M | 10x | as long as short |
| Arcus MSTR-USD | −0.138% | +0.0612% | 1h | $26K | $126K | 10x | as long as short |
| edgeX MSTRUSDC | −0.069% | +0.0961% | 4h | $44K | $4.9M | 10x | as long as short |
| Injective MSTR/USDC PERPlong | 0.000% | +0.0312% | 1h | $12K | $93K | 30x |