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

MSTR

RWAall MSTR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0054%/8h= +5.9% APRnext payment +$0.07 per $10,000 · paid last 24h +0.016%
Price spread now: Aevo against Polymarket Perps+0.038%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Aevo is 0.038% dearer against Polymarket Perps than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps MSTR-USD162.860.0050pay 0.0006% / 1h45m 51s$376K$2.7M10x
ShortAevo MSTR-PERP162.920.0104get 0.0013% / 1h45m 51s$13510x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Polymarket Perps. 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
$11.34
Price spread: +0.038% → 0.000%
$3.84
Slippage, 4 orders
no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$8.82
Costs to cover
0.240%
Break-even
12.4 days
Slippage unknown: Polymarket Perps: live order book, 3 min ago; Aevo: 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
LegHalf-spread$10k$100k$1M$5M
Buy Polymarket Perps live order book, 3 min ago2.15 bp9.0 bp −$99.5 bp −$9511.6 bp −$1,163doesn't fit
Sell Aevo no order-book sample
Aevo: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget MSTRUSDT−0.0885%8h163.04+0.111%$28.6M$119.1M25xas long as short
Gate MSTR_USDT0.0000%8h162.93+0.043%$4.7M$19.5M50xas long as short
Phemex MSTRUSDT0.0000%4h163.16+0.184%$2.7M$78K10xas long as short
edgeX MSTRUSDC+0.0005%4h163.27+0.249%$46K$5.4M10xas long as short
Aster MSTRUSDT+0.0022%8h162.90+0.023%$1.8M$8.7M50xas long as short
Extended MSTR_24_5-USD+0.0032%1h162.70−0.098%$501K$2.0M10xas long as short
Injective MSTR/USDC PERP+0.0033%1h169.34+3.979%$8K$26K30xas long as short
Arcus MSTR-USD+0.0040%1h163.22+0.221%$26K$113K10xas long as short
Vest MSTR-USD-PERP+0.0046%1h162.69−0.104%$1.8M25xas long as short
Polymarket Perps MSTR-USDlong+0.0050%1h162.86long leg$376K$2.7M10x
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX MSTR-USD+0.0050%1h162.84−0.012%$43K$3K10xas long as short
Ondo Perps MSTR-USD.P+0.0050%1h162.98+0.074%$841K$3.9M10xas long as short
QFEX MSTR-USD+0.0057%1h162.92+0.037%$1.3M$7.3M10xas long as short
Pacifica MSTR+0.0100%1h162.92+0.037%$100K$83K10xas long as short
KuCoin MSTRUSDTM+0.0100%8h162.83−0.018%$2.4M$2.7M20xas long as short
ApeX Omni MSTRUSDT+0.0100%1h163.10+0.147%$5K$182K50xas long as short
Orderly PERP_MSTR_USDC_mythos+0.0100%8h162.89+0.018%$2K$13K10xas long as short
Aevo MSTR-PERPshort+0.0104%1h162.92+0.038%$13510x
OKX MSTR-USDT-SWAP+0.0126%8h162.87+0.006%$20.7M$100.3M50xas long as short
Lighter MSTR+0.0136%1h162.79−0.043%$3.5M$2.0M10xas long as short
Variational Omni MSTR+0.0143%8h163.26+0.244%$1.2M$2.1Mas long as short
Paradex MSTR-USD-PERP+0.0146%8h162.87+0.006%$655xas long as short
Coinbase International MSTR-PERP-INTX+0.0152%1h161.52−0.823%$1.4M$1.1M10xas long as short
tradeXYZ xyz:MSTR+0.0218%1h162.74−0.074%$53.9M$37.3M10xas long as short
Binance MSTRUSDT+0.0221%8h162.860.000%$83.6M$628.4M50xas long as short
GRVT MSTR_USDT_Perp+0.0230%8h163.31+0.276%$79K$876K10xas long as short
Nado MSTR-PERP+0.0323%1h162.75−0.065%$130K$157K3xas long as short
Phoenix MSTR+0.0328%1h163.25+0.238%$55K$223K10xas long as short
BloFin MSTR-USDT+0.0340%8h163.05+0.117%$1.0M$2.1M20xas long as short
Bybit MSTRUSDT+0.0381%8h162.93+0.043%$16.7M$41.8M50xas long as short
RISEx MSTR/USDC+0.0381%1h162.93+0.040%$262K$437K10xas long as short
Deribit MSTR_USDC-PERPETUAL+0.0979%1h162.91+0.031%$277K$437K10xas long as short