Settings8H · net · $10k
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Funding arb · Price arb /

MSTR

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Alert: funding
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Alert: spread
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Funding you earn now, next payment 05:00 UTC+0.0131%/8h= +14.3% APRnext payment +$0.16 per $10,000 · paid last 24h +0.080%
Price spread now: RISEx against Pacifica+0.025%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$260.256% of the position
Long on PacificaShort on RISEx
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.162%+$16 on $10k
Price spread, last 4 days (all we have)+0.110%+$11 · spread now +0.025%, 7d avg +0.036%
Together, before fees+0.272%+ Points / potential airdropPacifica: Active · farm board+$27 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.036%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica MSTR163.940.0100pay 0.0013% / 1h18m 31s$100K$83K10x
ShortRISEx MSTR/USDC163.990.0231get 0.0029% / 1h18m 31s$266K$445K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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

Funding earned
$27.46
Price spread: +0.025% → +0.036%
−$1.07
Slippage, 4 orders
−$11.57
Fee Pacifica: 4 bp × 2 orders
−$8
Fee RISEx: 3 bp × 2 orders
−$6
Net
$0.82
Costs to cover
0.256%
Break-even
6.8 days
Slippage from Pacifica: live order book, 34 min ago; RISEx: live order book, 35 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Pacifica live order book, 34 min ago0.03 bp4.1 bp −$4doesn't fitdoesn't fitdoesn't fit
Sell RISEx live order book, 35 min ago2.73 bp5.7 bp −$67.0 bp −$70doesn't fitdoesn't fit

MSTR on 32 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget MSTRUSDT−0.0946%8h164.11+0.101%$27.2M$116.4M25xas long as short
Aster MSTRUSDT0.0000%8h163.96+0.008%$1.8M$8.6M50xas long as short
Gate MSTR_USDT0.0000%8h164.04+0.059%$4.6M$19.2M50xas long as short
Phemex MSTRUSDT0.0000%4h164.15+0.126%$2.8M$77K10xas long as short
Lighter MSTR+0.0032%1h163.96+0.010%$3.5M$2.0M10xas long as short
Extended MSTR_24_5-USD+0.0032%1h163.82−0.076%$601K$1.9M10xas long as short
Injective MSTR/USDC PERP+0.0033%1h169.34+3.291%$8K$26K30xas long as short
Arcus MSTR-USD+0.0040%1h164.07+0.077%$26K$110K10xas long as short
OKX MSTR-USDT-SWAP+0.0045%8h164.08+0.083%$20.7M$99.1M50xas long as short
Vest MSTR-USD-PERP+0.0046%1h163.80−0.088%—$1.7M25xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps MSTR-USD+0.0050%1h163.96+0.010%$380K$2.7M10xas long as short
SoDEX MSTR-USD+0.0050%1h164.03+0.052%$43K$3K10xas long as short
Ondo Perps MSTR-USD.P+0.0050%1h163.80−0.088%$846K$3.9M10xas long as short
QFEX MSTR-USD+0.0067%1h163.93−0.009%$1.4M$7.3M10xas long as short
Paradex MSTR-USD-PERP+0.0068%8h163.97+0.015%$66—5xas long as short
Pacifica MSTRlong+0.0100%1h163.94long leg$100K$83K10x
KuCoin MSTRUSDTM+0.0100%8h163.91−0.021%$2.4M$2.7M20xas long as short
ApeX Omni MSTRUSDT+0.0100%1h163.89−0.033%$6K$182K50xas long as short
Orderly PERP_MSTR_USDC_mythos+0.0100%8h163.93−0.009%$4K$8K10xas long as short
Variational Omni MSTR+0.0102%8h164.03+0.050%$1.2M$2.1M—as long as short
Aevo MSTR-PERP+0.0104%1h163.93−0.010%$136—10xas long as short
Binance MSTRUSDT+0.0165%8h164.00+0.034%$86.4M$618.5M50xas long as short
GRVT MSTR_USDT_Perp+0.0166%8h164.07+0.074%$76K$826K10xas long as short
Coinbase International MSTR-PERP-INTX+0.0168%1h163.88−0.039%$1.4M$1.1M10xas long as short
RISEx MSTR/USDCshort+0.0231%1h163.99+0.025%$266K$445K10x
Nado MSTR-PERP+0.0252%1h163.88−0.036%$121K$148K3xas long as short
tradeXYZ xyz:MSTR+0.0263%1h164.03+0.052%$54.6M$37.1M10xas long as short
BloFin MSTR-USDT+0.0284%8h164.04+0.059%$1.0M$2.1M20xas long as short
Bybit MSTRUSDT+0.0323%8h164.05+0.065%$16.6M$41.1M50xas long as short
Phoenix MSTR+0.0340%1h164.02+0.044%$56K$226K10xas long as short
edgeX MSTRUSDC+0.0400%4h163.93−0.011%$49K$5.3M10xas long as short
Deribit MSTR_USDC-PERPETUAL+0.0788%1h164.00+0.034%$279K$438K10xas long as short