Funding you earn now, next payment 23:00 UTC+0.0914%/8h= +100.1% APRpaid last 24h +0.017%
Price spread now: edgeX against Polymarket Perps−0.039%7-day average +0.062% · you buy dearer than you sell
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$340.339% of the position
Funding, last 7 days−0.250%−$25 on $10k
+Price spread, last 7 days−0.085%−$8 · spread now −0.039%, 7d avg +0.062%
=Together, before fees−0.334%+ Points / potential airdropedgeX: Active · farm board−$33 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.101% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.039% now, against its 7-day average of +0.062%). If the spread goes back, that is −$10 on $10k: about 9 hours of funding at the current rate (+$27 a day). Mind the row above: over the last 7 days funding on this pair cost −0.250%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.250% in total (about -13.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps MSTR-USD | 169.11 | 0.0050 | pay 0.0006% / 1h | 44m 42s | $401K | $2.6M | 10x |
| Short | edgeX MSTRUSDC | 169.04 | 0.0964 | get 0.0482% / 4h | 1h 44m | $48K | $5.4M | 10x |
Polymarket Perps MSTR-USD
edgeX MSTRUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $191.88
- Price spread: −0.039% → +0.062%
- −$10.09
- Slippage, 4 orders
- −$16.9
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $147.89
- Costs to cover
- 0.339%
- Break-even
- 1.6 days
Slippage from Polymarket Perps: live order book, 4 min ago; edgeX: live order book, 4 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 Polymarket Perps live order book, 4 min ago | 1.18 bp | 5.7 bp −$6 | 7.1 bp −$71 | 10.5 bp −$1,052 | doesn't fit |
| Sell edgeX live order book, 4 min ago | 5.62 bp | 10.7 bp −$11 | 17.6 bp −$176 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado MSTR-PERP | −0.0100% | 1h | 169.09 | −0.012% | $139K | $97K | 3x | as long as short |
| BloFin MSTR-USDT | −0.0012% | 8h | 169.16 | +0.030% | $1.1M | $1.8M | 20x | as long as short |
| Aster MSTRUSDT | 0.0000% | 8h | 169.17 | +0.038% | $1.3M | $6.2M | 50x | as long as short |
| Binance MSTRUSDT | 0.0000% | 8h | 169.18 | +0.041% | $88.4M | $629.1M | 50x | as long as short |
| OKX MSTR-USDT-SWAP | 0.0000% | 8h | 169.15 | +0.024% | $22.1M | $106.8M | 50x | as long as short |
| RISEx MSTR/USDC | 0.0000% | 1h | 169.19 | +0.049% | $275K | $446K | 10x | as long as short |
| Gate MSTR_USDT | 0.0000% | 8h | 169.16 | +0.030% | $4.8M | $19.3M | 50x | as long as short |
| Variational Omni MSTR | 0.0000% | 8h | 169.03 | −0.048% | $1.2M | $2.4M | — | as long as short |
| GRVT MSTR_USDT_Perp | 0.0000% | 8h | 169.10 | −0.006% | $74K | $935K | 10x | as long as short |
| Phemex MSTRUSDT | 0.0000% | 4h | 169.16 | +0.030% | $2.9M | $60K | 10x | as long as short |
Nado MSTR-PERP
BloFin MSTR-USDT
Aster MSTRUSDT
Binance MSTRUSDT
OKX MSTR-USDT-SWAP
RISEx MSTR/USDC
Gate MSTR_USDT
Variational Omni MSTR
GRVT MSTR_USDT_Perp
Phemex MSTRUSDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter MSTR | +0.0032% | 1h | 169.12 | +0.006% | $3.6M | $2.5M | 10x | as long as short |
| Extended MSTR_24_5-USD | +0.0032% | 1h | 169.07 | −0.023% | $585K | $1.8M | 10x | as long as short |
| QFEX MSTR-USD | +0.0042% | 1h | 169.17 | +0.035% | $1.5M | $10.2M | 10x | as long as short |
| Vest MSTR-USD-PERP | +0.0046% | 1h | 169.20 | +0.053% | — | $2.1M | 25x | as long as short |
| Bitget MSTRUSDT | +0.0047% | 8h | 169.20 | +0.053% | $28.8M | $119.6M | 25x | as long as short |
| Polymarket Perps MSTR-USDlong | +0.0050% | 1h | 169.11 | long leg | $401K | $2.6M | 10x | |
| SoDEX MSTR-USD | +0.0050% | 1h | 169.12 | +0.006% | $44K | $3K | 10x | as long as short |
| Ondo Perps MSTR-USD.P | +0.0050% | 1h | 168.93 | −0.106% | $752K | $5.1M | 10x | as long as short |
| Coinbase International MSTR-PERP-INTX | +0.0056% | 1h | 168.93 | −0.106% | $1.5M | $1.2M | 10x | as long as short |
| Paradex MSTR-USD-PERP | +0.0077% | 8h | 169.13 | +0.010% | $68 | — | 5x | as long as short |
| Bybit MSTRUSDT | +0.0077% | 8h | 169.18 | +0.041% | $15.2M | $40.8M | 50x | as long as short |
| tradeXYZ xyz:MSTR | +0.0088% | 1h | 169.12 | +0.006% | $57.0M | $38.0M | 10x | as long as short |
| Pacifica MSTR | +0.0100% | 1h | 169.14 | +0.019% | $103K | $114K | 10x | as long as short |
| KuCoin MSTRUSDTM | +0.0100% | 8h | 169.03 | −0.047% | $2.6M | $2.8M | 20x | as long as short |
| ApeX Omni MSTRUSDT | +0.0100% | 1h | 169.07 | −0.024% | $4K | $632K | 50x | as long as short |
| Orderly PERP_MSTR_USDC_mythos | +0.0100% | 8h | 169.19 | +0.047% | $3K | $12K | 10x | as long as short |
| Aevo MSTR-PERP | +0.0104% | 1h | 169.15 | +0.024% | $140 | — | 10x | as long as short |
| Phoenix MSTR | +0.0231% | 1h | 169.00 | −0.066% | $57K | $394K | 10x | as long as short |
| Injective MSTR/USDC PERP | +0.0333% | 1h | 169.25 | +0.083% | $13K | $22K | 30x | as long as short |
| Arcus MSTR-USD | +0.0457% | 1h | 169.21 | +0.059% | $27K | $134K | 10x | as long as short |
| Deribit MSTR_USDC-PERPETUAL | +0.0519% | 1h | 169.23 | +0.071% | $288K | $439K | 10x | as long as short |
| edgeX MSTRUSDCshort | +0.0964% | 4h | 169.04 | −0.039% | $48K | $5.4M | 10x |
Lighter MSTR
Extended MSTR_24_5-USD
QFEX MSTR-USD
Vest MSTR-USD-PERP
Bitget MSTRUSDT
SoDEX MSTR-USD
Ondo Perps MSTR-USD.P
Coinbase International MSTR-PERP-INTX
Paradex MSTR-USD-PERP
Bybit MSTRUSDT
tradeXYZ xyz:MSTR
Pacifica MSTR
KuCoin MSTRUSDTM
ApeX Omni MSTRUSDT
Orderly PERP_MSTR_USDC_mythos
Aevo MSTR-PERP
Phoenix MSTR
Injective MSTR/USDC PERP
Arcus MSTR-USD
Deribit MSTR_USDC-PERPETUAL