After costs, if the gap returns to its 7d average, $10k−$34
spread now+0.029%7d average−0.023%fees + slippage, in and out−$40spread needed0.397%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx MSTR/USDC | 168.17 | 0.0486 | pay 0.0061% / 1h | 49m 27s | $201K | $393K | 10x |
| Short | Gate MSTR_USDT | 168.22 | 0 | get 0.0000% / 8h | 49m 27s | $5.0M | $18.4M | 50x |
RISEx MSTR/USDC
Gate MSTR_USDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $2.92
- Funding while held
- −$14.59
- Slippage, 4 orders
- −$18.67
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$51.33
- Spread needed to break even
- 0.397%
Slippage from RISEx: live order book, just now; Gate: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0486%
- Per $10,000 a day
- −$14.59
- Average in range /8h
- —
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, just now | 2.97 bp | 6.0 bp −$6 | 7.5 bp −$75 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 2.98 bp | 16.5 bp −$16 | 28.4 bp −$284 | 124.5 bp −$12.5K | doesn't fit |
MSTR price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International166.86cheapestInjective166.94+0.048%Ondo Perps167.23+0.222%Phoenix167.26+0.239%Phemex167.37+0.306%Variational Omni167.40+0.326%edgeX167.57+0.428%Orderly167.72+0.515%SoDEX167.72+0.515%ApeX Omni167.74+0.527%Deribit167.77+0.545%Aevo167.78+0.554%BloFin167.95+0.653%KuCoin168.01+0.689%Aster168.04+0.706%Nado168.04+0.708%tradeXYZ168.06+0.719%Extended168.08+0.731%Lighter168.10+0.743%Polymarket Perps168.11+0.749%Pacifica168.13+0.760%Bitget168.13+0.761%Binance168.14+0.767%Bybit168.17+0.785%
Coinbase International
Injective
Ondo Perps
Phoenix
Phemex
Variational Omni
Orderly
SoDEX
ApeX Omni
Deribit
Aevo
BloFin
KuCoin
Aster
Nado
tradeXYZ
Extended
Lighter
Polymarket Perps
Pacifica
Bitget
Binance
BybitRISEx168.17+0.786%
Paradex168.18+0.793%OKX168.19+0.797%QFEX168.21+0.809%
Paradex
OKX
QFEXGate168.22+0.815%
Vest168.23+0.821%Arcus168.27+0.845%
Vest
ArcusMSTR on 31 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International MSTR-PERP-INTX | −0.779% | +0.0112% | 1h | $1.5M | $1.2M | 10x | as long as short |
| Injective MSTR/USDC PERP | −0.732% | +0.0033% | 1h | $12K | $97K | 30x | as long as short |
| Ondo Perps MSTR-USD.P | −0.559% | +0.0050% | 1h | $915K | $4.6M | 10x | as long as short |
| Phoenix MSTR | −0.542% | +0.0216% | 1h | $55K | $364K | 10x | as long as short |
| Phemex MSTRUSDT | −0.476% | 0.0000% | 4h | $2.8M | $32K | 10x | as long as short |
| Variational Omni MSTR | −0.456% | +0.0316% | 8h | $1.3M | $2.2M | — | as long as short |
| edgeX MSTRUSDC | −0.355% | +0.0081% | 4h | $61K | $4.6M | 10x | as long as short |
| Orderly PERP_MSTR_USDC_mythos | −0.268% | +0.0100% | 8h | $3K | $14K | 10x | as long as short |
| SoDEX MSTR-USD | −0.268% | +0.0050% | 1h | $44K | $3K | 10x | as long as short |
| ApeX Omni MSTRUSDT | −0.256% | +0.0100% | 1h | $133K | $2.2M | 50x | as long as short |
Show all 31 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Deribit MSTR_USDC-PERPETUAL | −0.238% | +0.0884% | 1h | $285K | $456K | 10x | as long as short |
| Aevo MSTR-PERP | −0.230% | +0.0104% | 1h | $139 | — | 10x | as long as short |
| BloFin MSTR-USDT | −0.131% | +0.0504% | 8h | $1.1M | $1.4M | 20x | as long as short |
| KuCoin MSTRUSDTM | −0.096% | +0.0182% | 8h | $2.6M | $2.6M | 20x | as long as short |
| Aster MSTRUSDT | −0.079% | +0.0408% | 8h | $1.3M | $5.9M | 50x | as long as short |
| Nado MSTR-PERP | −0.077% | +0.0100% | 1h | $129K | $259K | 3x | as long as short |
| tradeXYZ xyz:MSTR | −0.066% | +0.0278% | 1h | $57.4M | $31.5M | 10x | as long as short |
| Extended MSTR_24_5-USD | −0.054% | +0.0056% | 1h | $514K | $2.3M | 10x | as long as short |
| Lighter MSTR | −0.042% | +0.0168% | 1h | $3.6M | $2.9M | 10x | as long as short |
| Polymarket Perps MSTR-USD | −0.036% | +0.0124% | 1h | $415K | $2.0M | 10x | as long as short |
| Pacifica MSTR | −0.025% | +0.0100% | 1h | $103K | $167K | 10x | as long as short |
| Bitget MSTRUSDT | −0.024% | +0.0380% | 8h | $29.0M | $109.5M | 25x | as long as short |
| Binance MSTRUSDT | −0.018% | +0.0387% | 8h | $89.7M | $527.5M | 50x | as long as short |
| Bybit MSTRUSDT | −0.001% | +0.0234% | 8h | $16.0M | $42.5M | 50x | as long as short |
| RISEx MSTR/USDClong | 0.000% | +0.0486% | 1h | $201K | $393K | 10x | |
| Paradex MSTR-USD-PERP | +0.008% | +0.0133% | 8h | $67 | — | 5x | as long as short |
| OKX MSTR-USDT-SWAP | +0.011% | +0.0337% | 8h | $22.3M | $100.9M | 50x | as long as short |
| QFEX MSTR-USD | +0.023% | +0.0057% | 1h | $1.3M | $9.1M | 10x | as long as short |
| Gate MSTR_USDTshort | +0.029% | 0.0000% | 8h | $5.0M | $18.4M | 50x | |
| Vest MSTR-USD-PERP | +0.035% | +0.0046% | 1h | — | $1.5M | 25x | as long as short |
| Arcus MSTR-USD | +0.059% | +0.0705% | 1h | $27K | $122K | 10x | as long as short |