MSTR

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0142%/8h= +15.6% APRnext payment +$0.18 per $10,000 · paid last 24h +0.004%

Price spread now: Nado against Pacifica−0.016%50s7-day average 0.000% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$740.742% of the position

Long on Pacifica Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.188%−$19 on $10k

Price spread, last 4 days (all we have)+0.366%+$37 · spread now −0.016%, 7d avg 0.000%

Together, before fees+0.178%+ Points / potential airdropPacifica: Active · Nado: Active · farm board+$18 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of 0.000%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair cost −0.188%, so the current rate has only just turned in your favour. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica MSTR	164.35	0.0100	pay 0.0013% / 1h	15m 42s	$100K	$83K	10x
Short	Nado MSTR-PERP	164.32	0.0242	get 0.0030% / 1h	15m 42s	$121K	$148K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Pacifica. 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 PacificabpFee NadobpOrdersPrice spread, now −0.016%Rate

Funding earned: $29.87
Price spread: −0.016% → 0.000%: −$1.66
Slippage, 4 orders: −$59.22
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$46.01
Costs to cover: 0.742%
Break-even: 17.8 days

Slippage from Pacifica: live order book, 42 min ago; Nado: live order book, 42 min ago.

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 Pacifica live order book, 42 min ago	0.03 bp	4.2 bp −$4	doesn't fit	doesn't fit	doesn't fit
Sell Nado live order book, 42 min ago	6.66 bp	31.3 bp −$31	96.0 bp −$960	doesn't fit	doesn't fit

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	−0.0943%	8h	164.56	+0.128%	$27.8M	$115.1M	25x	as long as short
Aster MSTRUSDT	0.0000%	8h	164.39	+0.024%	$1.8M	$8.5M	50x	as long as short
Gate MSTR_USDT	0.0000%	8h	164.44	+0.055%	$4.6M	$18.8M	50x	as long as short
Phemex MSTRUSDT	0.0000%	4h	164.41	+0.037%	$2.8M	$74K	10x	as long as short
OKX MSTR-USDT-SWAP	+0.0009%	8h	164.42	+0.043%	$20.6M	$99.4M	50x	as long as short
Lighter MSTR	+0.0032%	1h	164.36	+0.006%	$3.5M	$1.9M	10x	as long as short
Extended MSTR_24_5-USD	+0.0032%	1h	164.22	−0.082%	$595K	$1.9M	10x	as long as short
Injective MSTR/USDC PERP	+0.0033%	1h	169.34	+3.036%	$8K	$26K	30x	as long as short
RISEx MSTR/USDC	+0.0034%	1h	164.47	+0.073%	$267K	$448K	10x	as long as short
Arcus MSTR-USD	+0.0040%	1h	164.53	+0.110%	$26K	$109K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest MSTR-USD-PERP	+0.0046%	1h	164.31	−0.024%	—	$1.7M	25x	as long as short
Polymarket Perps MSTR-USD	+0.0050%	1h	164.37	+0.012%	$381K	$2.7M	10x	as long as short
SoDEX MSTR-USD	+0.0050%	1h	164.37	+0.012%	$43K	$3K	10x	as long as short
Ondo Perps MSTR-USD.P	+0.0050%	1h	164.34	−0.006%	$856K	$4.0M	10x	as long as short
QFEX MSTR-USD	+0.0054%	1h	164.43	+0.049%	$1.4M	$7.4M	10x	as long as short
Variational Omni MSTR	+0.0077%	8h	164.39	+0.022%	$1.2M	$2.1M	—	as long as short
Pacifica MSTRlong	+0.0100%	1h	164.35	long leg	$100K	$83K	10x
KuCoin MSTRUSDTM	+0.0100%	8h	164.30	−0.030%	$2.4M	$2.7M	20x	as long as short
ApeX Omni MSTRUSDT	+0.0100%	1h	164.31	−0.024%	$6K	$185K	50x	as long as short
Orderly PERP_MSTR_USDC_mythos	+0.0100%	8h	164.36	+0.006%	$3K	$8K	10x	as long as short
Aevo MSTR-PERP	+0.0104%	1h	164.38	+0.021%	$136	—	10x	as long as short
Paradex MSTR-USD-PERP	+0.0136%	8h	164.42	+0.041%	$66	—	5x	as long as short
Binance MSTRUSDT	+0.0140%	8h	164.38	+0.020%	$87.3M	$616.0M	50x	as long as short
GRVT MSTR_USDT_Perp	+0.0159%	8h	164.50	+0.089%	$77K	$772K	10x	as long as short
Coinbase International MSTR-PERP-INTX	+0.0168%	1h	164.12	−0.140%	$1.4M	$1.1M	10x	as long as short
Phoenix MSTR	+0.0213%	1h	164.27	−0.047%	$56K	$226K	10x	as long as short
tradeXYZ xyz:MSTR	+0.0228%	1h	164.37	+0.012%	$54.8M	$37.0M	10x	as long as short
Nado MSTR-PERPshort	+0.0242%	1h	164.32	−0.016%	$121K	$148K	3x
BloFin MSTR-USDT	+0.0258%	8h	164.53	+0.110%	$1.0M	$2.0M	20x	as long as short
Bybit MSTRUSDT	+0.0350%	8h	164.43	+0.049%	$16.9M	$40.8M	50x	as long as short
edgeX MSTRUSDC	+0.0500%	4h	164.46	+0.067%	$49K	$5.4M	10x	as long as short
Deribit MSTR_USDC-PERPETUAL	+0.0785%	1h	164.44	+0.055%	$280K	$438K	10x	as long as short