MSTR

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0157%/8h= +17.2% APRnext payment +$1.57 per $10,000 · paid last 24h +0.008%

Price spread now: Aster against Orderly+0.006%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Orderly Short on Aster

What this pair did over the last

the charts below follow

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—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_MSTR_USDC_mythos	165.95	0.0100	pay 0.0100% / 8h	5h 08m	$2K	$11K	10x
Short	Aster MSTRUSDT	165.96	0.0257	get 0.0257% / 8h	5h 08m	$1.8M	$6.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Orderly. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee OrderlybpFee AsterbpOrdersPrice spread, now +0.006%Rate

Funding earned: $33.06
Price spread: +0.006% → 0.000%: $0.56
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Aster: 4 bp × 2 orders: −$8
Net: $19.62
Costs to cover: 0.140%
Break-even: 2.8 days

Slippage unknown: Orderly: no order-book sample; Aster: live order book, 4 min ago. 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 Orderly no order-book sample	—	—	—	—	—
Sell Aster live order book, 4 min ago	1.21 bp	6.7 bp −$7	18.7 bp −$187	doesn't fit	doesn't fit

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 exchanges

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
Injective MSTR/USDC PERP	−0.0263%	1h	165.22	−0.440%	$7K	$28K	30x	as long as short
Gate MSTR_USDT	0.0000%	8h	166.06	+0.066%	$4.9M	$17.9M	50x	as long as short
Bitget MSTRUSDT	0.0000%	8h	166.04	+0.054%	$32.3M	$103.2M	25x	as long as short
Phemex MSTRUSDT	0.0000%	4h	165.97	+0.012%	$2.8M	$83K	10x	as long as short
Lighter MSTR	+0.0032%	1h	165.99	+0.024%	$3.5M	$1.7M	10x	as long as short
Extended MSTR_24_5-USD	+0.0032%	1h	165.84	−0.064%	$555K	$1.9M	10x	as long as short
Vest MSTR-USD-PERP	+0.0046%	1h	166.01	+0.036%	—	$1.7M	25x	as long as short
QFEX MSTR-USD	+0.0050%	1h	165.96	+0.006%	$1.3M	$5.8M	10x	as long as short
Polymarket Perps MSTR-USD	+0.0050%	1h	165.95	0.000%	$391K	$2.4M	10x	as long as short
SoDEX MSTR-USD	+0.0050%	1h	165.90	−0.030%	$44K	$3K	10x	as long as short

Show all 32 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps MSTR-USD.P	+0.0050%	1h	165.65	−0.181%	$858K	$3.2M	10x	as long as short
Nado MSTR-PERP	+0.0068%	1h	165.92	−0.017%	$127K	$127K	3x	as long as short
Coinbase International MSTR-PERP-INTX	+0.0072%	1h	165.58	−0.223%	$1.4M	$356K	10x	as long as short
Paradex MSTR-USD-PERP	+0.0091%	8h	165.99	+0.026%	$66	—	5x	as long as short
Pacifica MSTR	+0.0100%	1h	165.97	+0.009%	$101K	$74K	10x	as long as short
KuCoin MSTRUSDTM	+0.0100%	8h	165.87	−0.048%	$2.3M	$2.7M	20x	as long as short
ApeX Omni MSTRUSDT	+0.0100%	1h	165.76	−0.114%	$6K	$151K	50x	as long as short
Orderly PERP_MSTR_USDC_mythoslong	+0.0100%	8h	165.95	long leg	$2K	$11K	10x
Aevo MSTR-PERP	+0.0104%	1h	165.99	+0.023%	$138	—	10x	as long as short
Bybit MSTRUSDT	+0.0169%	8h	166.02	+0.042%	$16.6M	$37.9M	50x	as long as short
tradeXYZ xyz:MSTR	+0.0222%	1h	165.92	−0.018%	$54.8M	$33.5M	10x	as long as short
Aster MSTRUSDTshort	+0.0257%	8h	165.96	+0.006%	$1.8M	$6.3M	50x
OKX MSTR-USDT-SWAP	+0.0259%	8h	165.97	+0.012%	$21.8M	$80.5M	50x	as long as short
Phoenix MSTR	+0.0322%	1h	165.87	−0.051%	$55K	$213K	10x	as long as short
Variational Omni MSTR	+0.0351%	8h	165.80	−0.088%	$1.2M	$1.6M	—	as long as short
RISEx MSTR/USDC	+0.0436%	1h	165.99	+0.021%	$274K	$348K	10x	as long as short
Binance MSTRUSDT	+0.0436%	8h	165.97	+0.012%	$87.1M	$519.7M	50x	as long as short
GRVT MSTR_USDT_Perp	+0.0447%	8h	165.85	−0.061%	$85K	$922K	10x	as long as short
edgeX MSTRUSDC	+0.0544%	4h	165.84	−0.063%	$49K	$4.6M	10x	as long as short
BloFin MSTR-USDT	+0.0574%	8h	165.98	+0.018%	$1.1M	$2.0M	20x	as long as short
Deribit MSTR_USDC-PERPETUAL	+0.0654%	1h	165.99	+0.024%	$282K	$184K	10x	as long as short
Arcus MSTR-USD	+0.0824%	1h	165.99	+0.024%	$26K	$63K	10x	as long as short