MSTR

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0245%/8h= −26.8% APRnext payment −$0.31 per $10,000 · paid last 24h −0.105%

Price spread now: Aevo against RISEx−0.021%7-day average — · you buy dearer than you sell

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

Long on RISEx Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Aevo is 0.021% cheaper against RISEx than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx MSTR/USDC	168.83	0.0349	pay 0.0044% / 1h	24m 07s	$275K	$433K	10x
Short	Aevo MSTR-PERP	168.80	0.0104	get 0.0013% / 1h	24m 07s	$140	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against RISEx. 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 RISExbpFee AevobpOrdersPrice spread, now −0.021%Rate

Funding earned: −$51.42
Price spread: −0.021% → 0.000%: −$2.13
Slippage, 4 orders: no order book: not counted
Fee RISEx: 3 bp × 2 orders: −$6
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$75.55
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: RISEx: live order book, 49 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy RISEx live order book, 49 min ago	0.89 bp	3.9 bp −$4	5.5 bp −$55	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado MSTR-PERP	−0.0033%	1h	168.72	−0.065%	$139K	$84K	3x	as long as short
Aster MSTRUSDT	0.0000%	8h	168.84	+0.003%	$1.2M	$6.1M	50x	as long as short
OKX MSTR-USDT-SWAP	0.0000%	8h	168.72	−0.067%	$21.7M	$100.8M	50x	as long as short
Gate MSTR_USDT	0.0000%	8h	168.76	−0.043%	$4.7M	$18.9M	50x	as long as short
Bitget MSTRUSDT	0.0000%	8h	168.77	−0.037%	$28.2M	$113.5M	25x	as long as short
Variational Omni MSTR	0.0000%	8h	168.83	−0.004%	$1.2M	$2.1M	—	as long as short
GRVT MSTR_USDT_Perp	0.0000%	8h	168.67	−0.097%	$85K	$825K	10x	as long as short
Phemex MSTRUSDT	0.0000%	4h	168.77	−0.037%	$2.8M	$67K	10x	as long as short
Binance MSTRUSDT	+0.0023%	8h	168.79	−0.028%	$88.8M	$614.3M	50x	as long as short
Lighter MSTR	+0.0032%	1h	168.67	−0.097%	$3.6M	$2.0M	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended MSTR_24_5-USD	+0.0032%	1h	168.66	−0.102%	$579K	$1.8M	10x	as long as short
Bybit MSTRUSDT	+0.0035%	8h	168.85	+0.010%	$15.1M	$39.0M	50x	as long as short
QFEX MSTR-USD	+0.0035%	1h	168.73	−0.061%	$1.4M	$9.1M	10x	as long as short
Arcus MSTR-USD	+0.0040%	1h	168.83	−0.002%	$27K	$117K	10x	as long as short
Vest MSTR-USD-PERP	+0.0046%	1h	168.83	−0.002%	—	$1.7M	25x	as long as short
BloFin MSTR-USDT	+0.0047%	8h	168.89	+0.034%	$1.1M	$1.9M	20x	as long as short
Polymarket Perps MSTR-USD	+0.0050%	1h	168.75	−0.049%	$396K	$2.7M	10x	as long as short
SoDEX MSTR-USD	+0.0050%	1h	168.69	−0.085%	$44K	$3K	10x	as long as short
Ondo Perps MSTR-USD.P	+0.0050%	1h	168.44	−0.233%	$736K	$4.9M	10x	as long as short
Coinbase International MSTR-PERP-INTX	+0.0088%	1h	168.46	−0.221%	$1.4M	$1.1M	10x	as long as short
Paradex MSTR-USD-PERP	+0.0092%	8h	168.78	−0.033%	$68	—	5x	as long as short
Pacifica MSTR	+0.0100%	1h	168.80	−0.021%	$105K	$85K	10x	as long as short
KuCoin MSTRUSDTM	+0.0100%	8h	168.70	−0.079%	$2.5M	$2.7M	20x	as long as short
ApeX Omni MSTRUSDT	+0.0100%	1h	168.68	−0.091%	$4K	$204K	50x	as long as short
Orderly PERP_MSTR_USDC_mythos	+0.0100%	8h	168.81	−0.014%	$3K	$8K	10x	as long as short
Aevo MSTR-PERPshort	+0.0104%	1h	168.80	−0.021%	$140	—	10x
edgeX MSTRUSDC	+0.0166%	4h	168.67	−0.095%	$47K	$5.5M	10x	as long as short
tradeXYZ xyz:MSTR	+0.0205%	1h	168.73	−0.061%	$56.9M	$35.2M	10x	as long as short
Injective MSTR/USDC PERP	+0.0235%	1h	169.34	+0.300%	$8K	$26K	30x	as long as short
Phoenix MSTR	+0.0259%	1h	168.64	−0.117%	$56K	$384K	10x	as long as short
RISEx MSTR/USDClong	+0.0349%	1h	168.83	long leg	$275K	$433K	10x
Deribit MSTR_USDC-PERPETUAL	+0.0461%	1h	168.82	−0.008%	$287K	$438K	10x	as long as short