After costs, if the gap returns to its 7d average, $10k−$47
spread now+0.074%7d average−0.040%fees + slippage, in and out−$59spread needed0.586%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx MSTR/USDC | 167.17 | 0.0277 | pay 0.0035% / 1h | 9m 56s | $300K | $465K | 10x |
| Short | KuCoin MSTRUSDTM | 167.29 | 0.0100 | get 0.0100% / 8h | 7h 09m | $2.6M | $2.6M | 20x |
RISEx MSTR/USDC
KuCoin MSTRUSDTMPrice 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
- $7.42
- Funding while held
- −$5.32
- Slippage, 4 orders
- −$40.57
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$56.47
- Spread needed to break even
- 0.586%
Slippage from RISEx: live order book, 35 min ago; KuCoin: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0177%
- Per $10,000 a day
- −$5.32
- 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, 35 min ago | 1.51 bp | 4.5 bp −$5 | 5.3 bp −$53 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 2.70 bp | 21.1 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
MSTR price on every exchange
against the cheapest. Click to use as the short leg.Injective165.38cheapestCoinbase International165.97+0.357%ApeX Omni166.77+0.840%edgeX166.77+0.843%Nado166.84+0.883%Ondo Perps166.88+0.907%Phoenix166.88+0.908%Variational Omni166.93+0.938%BloFin166.95+0.949%Paradex167.13+1.057%Orderly167.14+1.064%Aevo167.15+1.069%Pacifica167.16+1.074%
Injective
Coinbase International
ApeX Omni
Nado
Ondo Perps
Phoenix
Variational Omni
BloFin
Paradex
Orderly
Aevo
PacificaRISEx167.17+1.080%
SoDEX167.20+1.100%QFEX167.22+1.113%Phemex167.24+1.125%Arcus167.25+1.131%Polymarket Perps167.26+1.137%Extended167.27+1.143%
SoDEX
QFEX
Phemex
Arcus
Polymarket Perps
ExtendedKuCoin167.29+1.155%
Vest167.29+1.155%Deribit167.29+1.155%Lighter167.31+1.167%Gate167.31+1.167%Aster167.31+1.168%tradeXYZ167.35+1.191%Binance167.37+1.203%OKX167.37+1.203%Bitget167.39+1.215%Bybit167.40+1.221%
Vest
Deribit
Lighter
Gate
Aster
tradeXYZ
Binance
OKX
Bitget
BybitMSTR on 31 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective MSTR/USDC PERP | −1.068% | +0.0312% | 1h | $12K | $93K | 30x | as long as short |
| Coinbase International MSTR-PERP-INTX | −0.715% | +0.0112% | 1h | $1.5M | $1.1M | 10x | as long as short |
| ApeX Omni MSTRUSDT | −0.237% | +0.0100% | 1h | $130K | $1.8M | 50x | as long as short |
| edgeX MSTRUSDC | −0.234% | +0.0565% | 4h | $43K | $4.9M | 10x | as long as short |
| Nado MSTR-PERP | −0.195% | +0.0106% | 1h | $126K | $253K | 3x | as long as short |
| Ondo Perps MSTR-USD.P | −0.171% | +0.0050% | 1h | $887K | $4.4M | 10x | as long as short |
| Phoenix MSTR | −0.170% | +0.0226% | 1h | $56K | $380K | 10x | as long as short |
| Variational Omni MSTR | −0.141% | +0.0218% | 8h | $1.3M | $2.3M | — | as long as short |
| BloFin MSTR-USDT | −0.129% | +0.0413% | 8h | $1.1M | $1.5M | 20x | as long as short |
| Paradex MSTR-USD-PERP | −0.023% | +0.0093% | 8h | $67 | — | 5x | as long as short |
Show all 31 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Orderly PERP_MSTR_USDC_mythos | −0.016% | +0.0100% | 8h | $3K | $12K | 10x | as long as short |
| Aevo MSTR-PERP | −0.010% | +0.0104% | 1h | $139 | — | 10x | as long as short |
| Pacifica MSTR | −0.006% | +0.0100% | 1h | $102K | $152K | 10x | as long as short |
| RISEx MSTR/USDClong | 0.000% | +0.0277% | 1h | $300K | $465K | 10x | |
| SoDEX MSTR-USD | +0.020% | +0.0050% | 1h | $44K | $3K | 10x | as long as short |
| QFEX MSTR-USD | +0.032% | +0.0041% | 1h | $1.3M | $9.4M | 10x | as long as short |
| Phemex MSTRUSDT | +0.044% | 0.0000% | 4h | $2.8M | $41K | 10x | as long as short |
| Arcus MSTR-USD | +0.050% | +0.0612% | 1h | $26K | $128K | 10x | as long as short |
| Polymarket Perps MSTR-USD | +0.056% | +0.0050% | 1h | $406K | $2.3M | 10x | as long as short |
| Extended MSTR_24_5-USD | +0.062% | +0.0032% | 1h | $497K | $2.1M | 10x | as long as short |
| KuCoin MSTRUSDTMshort | +0.074% | +0.0100% | 8h | $2.6M | $2.6M | 20x | |
| Vest MSTR-USD-PERP | +0.074% | +0.0046% | 1h | — | $1.8M | 25x | as long as short |
| Deribit MSTR_USDC-PERPETUAL | +0.074% | +0.0528% | 1h | $284K | $455K | 10x | as long as short |
| Lighter MSTR | +0.086% | +0.0032% | 1h | $3.6M | $2.8M | 10x | as long as short |
| Gate MSTR_USDT | +0.086% | 0.0000% | 8h | $4.9M | $19.1M | 50x | as long as short |
| Aster MSTRUSDT | +0.087% | +0.0268% | 8h | $1.3M | $6.0M | 50x | as long as short |
| tradeXYZ xyz:MSTR | +0.110% | +0.0138% | 1h | $57.2M | $32.1M | 10x | as long as short |
| Binance MSTRUSDT | +0.122% | +0.0269% | 8h | $90.5M | $564.0M | 50x | as long as short |
| OKX MSTR-USDT-SWAP | +0.122% | +0.0236% | 8h | $22.7M | $101.6M | 50x | as long as short |
| Bitget MSTRUSDT | +0.134% | +0.0304% | 8h | $28.9M | $111.2M | 25x | as long as short |
| Bybit MSTRUSDT | +0.140% | +0.0344% | 8h | $15.5M | $41.4M | 50x | as long as short |