Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Orderly against KuCoin+0.018%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin MSTRUSDTM | 163.82 | 0.0100 | pay 0.0100% / 8h | 3h 13m | $2.4M | $2.7M | 20x |
| Short | Orderly PERP_MSTR_USDC_mythos | 163.85 | 0.0100 | get 0.0100% / 8h | 3h 13m | $4K | $8K | 10x |
KuCoin MSTRUSDTM
Orderly PERP_MSTR_USDC_mythosFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against KuCoin. 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
- $0
- Price spread: +0.018% → 0.000%
- $1.83
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$16.17
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 3 min ago; Orderly: 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 KuCoin live order book, 3 min ago | 3.05 bp | 28.2 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | −0.0945% | 8h | 163.97 | +0.092% | $27.2M | $116.5M | 25x | as long as short |
| Aster MSTRUSDT | 0.0000% | 8h | 163.87 | +0.029% | $1.8M | $8.6M | 50x | as long as short |
| Gate MSTR_USDT | 0.0000% | 8h | 163.90 | +0.049% | $4.6M | $19.3M | 50x | as long as short |
| Phemex MSTRUSDT | 0.0000% | 4h | 163.92 | +0.061% | $2.8M | $77K | 10x | as long as short |
| Lighter MSTR | +0.0032% | 1h | 163.75 | −0.043% | $3.5M | $2.0M | 10x | as long as short |
| Extended MSTR_24_5-USD | +0.0032% | 1h | 163.63 | −0.113% | $601K | $1.9M | 10x | as long as short |
| Injective MSTR/USDC PERP | +0.0033% | 1h | 169.34 | +3.370% | $8K | $26K | 30x | as long as short |
| Arcus MSTR-USD | +0.0040% | 1h | 164.07 | +0.153% | $26K | $110K | 10x | as long as short |
| OKX MSTR-USDT-SWAP | +0.0045% | 8h | 163.81 | −0.006% | $20.7M | $99.0M | 50x | as long as short |
| Vest MSTR-USD-PERP | +0.0046% | 1h | 163.73 | −0.055% | — | $1.7M | 25x | as long as short |
Bitget MSTRUSDT
Aster MSTRUSDT
Gate MSTR_USDT
Phemex MSTRUSDT
Lighter MSTR
Extended MSTR_24_5-USD
Injective MSTR/USDC PERP
Arcus MSTR-USD
OKX MSTR-USDT-SWAP
Vest MSTR-USD-PERPShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps MSTR-USD | +0.0050% | 1h | 163.82 | 0.000% | $379K | $2.7M | 10x | as long as short |
| SoDEX MSTR-USD | +0.0050% | 1h | 163.82 | 0.000% | $43K | $3K | 10x | as long as short |
| Ondo Perps MSTR-USD.P | +0.0050% | 1h | 163.74 | −0.049% | $849K | $4.0M | 10x | as long as short |
| QFEX MSTR-USD | +0.0067% | 1h | 163.84 | +0.012% | $1.4M | $7.3M | 10x | as long as short |
| Paradex MSTR-USD-PERP | +0.0069% | 8h | 163.85 | +0.017% | $66 | — | 5x | as long as short |
| Pacifica MSTR | +0.0100% | 1h | 163.92 | +0.060% | $100K | $83K | 10x | as long as short |
| KuCoin MSTRUSDTMlong | +0.0100% | 8h | 163.82 | long leg | $2.4M | $2.7M | 20x | |
| ApeX Omni MSTRUSDT | +0.0100% | 1h | 164.00 | +0.110% | $6K | $182K | 50x | as long as short |
| Orderly PERP_MSTR_USDC_mythosshort | +0.0100% | 8h | 163.85 | +0.018% | $4K | $8K | 10x | |
| Variational Omni MSTR | +0.0100% | 8h | 163.92 | +0.059% | $1.2M | $2.1M | — | as long as short |
| Aevo MSTR-PERP | +0.0104% | 1h | 163.85 | +0.017% | $136 | — | 10x | as long as short |
| Binance MSTRUSDT | +0.0161% | 8h | 163.83 | +0.006% | $86.0M | $619.0M | 50x | as long as short |
| GRVT MSTR_USDT_Perp | +0.0166% | 8h | 164.12 | +0.185% | $76K | $826K | 10x | as long as short |
| Coinbase International MSTR-PERP-INTX | +0.0168% | 1h | 163.84 | +0.012% | $1.4M | $1.1M | 10x | as long as short |
| RISEx MSTR/USDC | +0.0231% | 1h | 163.91 | +0.052% | $266K | $445K | 10x | as long as short |
| Nado MSTR-PERP | +0.0247% | 1h | 163.70 | −0.076% | $121K | $148K | 3x | as long as short |
| tradeXYZ xyz:MSTR | +0.0255% | 1h | 163.81 | −0.006% | $54.6M | $37.1M | 10x | as long as short |
| BloFin MSTR-USDT | +0.0283% | 8h | 163.94 | +0.073% | $1.0M | $2.1M | 20x | as long as short |
| Bybit MSTRUSDT | +0.0318% | 8h | 163.85 | +0.018% | $16.6M | $41.2M | 50x | as long as short |
| Phoenix MSTR | +0.0340% | 1h | 164.09 | +0.167% | $56K | $226K | 10x | as long as short |
| Deribit MSTR_USDC-PERPETUAL | +0.0667% | 1h | 163.80 | −0.012% | $279K | $438K | 10x | as long as short |
| edgeX MSTRUSDC | +0.0956% | 4h | 164.10 | +0.170% | $48K | $5.4M | 10x | as long as short |
Polymarket Perps MSTR-USD
SoDEX MSTR-USD
Ondo Perps MSTR-USD.P
QFEX MSTR-USD
Paradex MSTR-USD-PERP
Pacifica MSTR
ApeX Omni MSTRUSDT
Variational Omni MSTR
Aevo MSTR-PERP
Binance MSTRUSDT
GRVT MSTR_USDT_Perp
Coinbase International MSTR-PERP-INTX
RISEx MSTR/USDC
Nado MSTR-PERP
tradeXYZ xyz:MSTR
BloFin MSTR-USDT
Bybit MSTRUSDT
Phoenix MSTR
Deribit MSTR_USDC-PERPETUAL
edgeX MSTRUSDC