MSTR

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0303%/8h= −33.2% APRnext payment −$0.38 per $10,000 · paid last 24h −0.123%

Price spread now: Vest against RISEx+0.024%7-day average −0.925% · you sell dearer than you buy

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

Long on RISEx Short on Vest

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.297%−$30 on $10k

Price spread, last 3 days (all we have)+0.217%+$22 · spread now +0.024%, 7d avg −0.925%

Together, before fees−0.080%+ Points / potential airdropVest: Active · farm board−$8 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Vest is 0.948% dearer against RISEx than usual: you sell high and buy low (spread +0.024% now, against its 7-day average of −0.925%): +$95 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 10 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx MSTR/USDC	169.16	0.0349	pay 0.0044% / 1h	46m 04s	$275K	$440K	10x
Short	Vest MSTR-USD-PERP	169.20	0.0046	get 0.0006% / 1h	46m 04s	—	$1.9M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against RISEx. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 VestbpOrdersPrice spread, now +0.024%Rate

Funding earned: −$63.66
Price spread: +0.024% → −0.925%: $94.84
Slippage, 4 orders: no order book: not counted
Fee RISEx: 3 bp × 2 orders: −$6
Fee Vest: 1 bp × 2 orders: −$2
Net: $23.17
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: RISEx: live order book, 27 min ago; Vest: 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, 27 min ago	0.89 bp	3.9 bp −$4	5.5 bp −$55	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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	−0.0080%	1h	168.97	−0.113%	$139K	$97K	3x	as long as short
Aster MSTRUSDT	0.0000%	8h	169.06	−0.061%	$1.2M	$6.1M	50x	as long as short
OKX MSTR-USDT-SWAP	0.0000%	8h	169.11	−0.030%	$21.8M	$103.6M	50x	as long as short
Gate MSTR_USDT	0.0000%	8h	169.04	−0.071%	$4.7M	$18.8M	50x	as long as short
Bitget MSTRUSDT	0.0000%	8h	169.14	−0.012%	$28.6M	$114.8M	25x	as long as short
Variational Omni MSTR	0.0000%	8h	169.13	−0.018%	$1.2M	$2.3M	—	as long as short
GRVT MSTR_USDT_Perp	0.0000%	8h	169.10	−0.036%	$77K	$859K	10x	as long as short
Phemex MSTRUSDT	0.0000%	4h	169.10	−0.035%	$2.9M	$66K	10x	as long as short
Bybit MSTRUSDT	+0.0017%	8h	169.14	−0.012%	$15.2M	$39.7M	50x	as long as short
Lighter MSTR	+0.0032%	1h	168.97	−0.112%	$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	168.89	−0.160%	$581K	$1.7M	10x	as long as short
QFEX MSTR-USD	+0.0035%	1h	169.18	+0.012%	$1.4M	$9.9M	10x	as long as short
Arcus MSTR-USD	+0.0040%	1h	169.22	+0.035%	$27K	$118K	10x	as long as short
Vest MSTR-USD-PERPshort	+0.0046%	1h	169.20	+0.024%	—	$1.9M	25x
Polymarket Perps MSTR-USD	+0.0050%	1h	169.05	−0.065%	$397K	$2.7M	10x	as long as short
SoDEX MSTR-USD	+0.0050%	1h	169.04	−0.071%	$45K	$3K	10x	as long as short
Ondo Perps MSTR-USD.P	+0.0050%	1h	168.91	−0.148%	$751K	$5.0M	10x	as long as short
Binance MSTRUSDT	+0.0071%	8h	169.10	−0.034%	$89.3M	$620.3M	50x	as long as short
Coinbase International MSTR-PERP-INTX	+0.0088%	1h	168.75	−0.242%	$1.4M	$1.2M	10x	as long as short
Paradex MSTR-USD-PERP	+0.0091%	8h	169.18	+0.012%	$68	—	5x	as long as short
BloFin MSTR-USDT	+0.0091%	8h	169.25	+0.053%	$1.1M	$1.9M	20x	as long as short
Pacifica MSTR	+0.0100%	1h	169.20	+0.024%	$105K	$85K	10x	as long as short
KuCoin MSTRUSDTM	+0.0100%	8h	169.02	−0.083%	$2.5M	$2.7M	20x	as long as short
ApeX Omni MSTRUSDT	+0.0100%	1h	169.06	−0.059%	$4K	$204K	50x	as long as short
Orderly PERP_MSTR_USDC_mythos	+0.0100%	8h	169.04	−0.071%	$3K	$8K	10x	as long as short
Aevo MSTR-PERP	+0.0104%	1h	169.01	−0.087%	$140	—	10x	as long as short
tradeXYZ xyz:MSTR	+0.0194%	1h	169.04	−0.071%	$57.0M	$35.5M	10x	as long as short
Injective MSTR/USDC PERP	+0.0235%	1h	169.34	+0.106%	$8K	$26K	30x	as long as short
Phoenix MSTR	+0.0259%	1h	169.15	−0.005%	$57K	$384K	10x	as long as short
RISEx MSTR/USDClong	+0.0349%	1h	169.16	long leg	$275K	$440K	10x
Deribit MSTR_USDC-PERPETUAL	+0.0579%	1h	169.04	−0.071%	$287K	$438K	10x	as long as short
edgeX MSTRUSDC	+0.0641%	4h	168.94	−0.129%	$47K	$5.5M	10x	as long as short