Spread before costs (cost unknown: a leg has no order-book sample)+0.031%
7d average—if it closes, per $10,000$3funding while held, a day+$1.62
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX MSTR-USD | 165.82 | 0.0050 | pay 0.0006% / 1h | 50m 15s | $44K | $3K | 10x |
| Short | Aevo MSTR-PERP | 165.87 | 0.0104 | get 0.0013% / 1h | 50m 15s | $138 | — | 10x |
SoDEX MSTR-USD
Aevo MSTR-PERPPrice 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
- $3.06
- Funding while held
- $1.62
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$19.32
- Spread needed to break even
- 0.240%
Slippage unknown: SoDEX: no order-book sample; Aevo: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0054%
- Per $10,000 a day
- +$1.62
- 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Aevo no order-book sample | — | — | — | — | — |
SoDEX and 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 price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International164.72cheapestApeX Omni165.23+0.310%Ondo Perps165.62+0.546%Injective165.62+0.546%Pacifica165.65+0.562%Paradex165.70+0.596%Aster165.75+0.622%QFEX165.78+0.644%RISEx165.78+0.647%KuCoin165.81+0.662%Polymarket Perps165.81+0.662%BloFin165.81+0.662%Extended165.81+0.664%Arcus165.82+0.668%
Coinbase International
ApeX Omni
Ondo Perps
Injective
Pacifica
Paradex
Aster
QFEX
RISEx
KuCoin
Polymarket Perps
BloFin
Extended
ArcusSoDEX165.82+0.668%
tradeXYZ165.84+0.680%Orderly165.84+0.680%Bitget165.85+0.686%Phemex165.85+0.686%Nado165.87+0.696%Lighter165.87+0.698%
tradeXYZ
Orderly
Bitget
Phemex
Nado
LighterAevo165.87+0.699%
Gate165.88+0.704%Binance165.90+0.715%Bybit165.90+0.716%OKX165.90+0.716%Vest165.91+0.722%Deribit165.91+0.722%edgeX165.92+0.731%Phoenix165.97+0.759%Variational Omni166.02+0.789%
Gate
Binance
Bybit
OKX
Vest
Deribit
Phoenix
Variational OmniMSTR 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 | −0.663% | +0.0104% | 1h | $1.4M | $1.1M | 10x | as long as short |
| ApeX Omni MSTRUSDT | −0.356% | +0.0100% | 1h | $4K | $1.4M | 50x | as long as short |
| Ondo Perps MSTR-USD.P | −0.121% | +0.0050% | 1h | $779K | $4.7M | 10x | as long as short |
| Injective MSTR/USDC PERP | −0.121% | +0.0188% | 1h | $12K | $48K | 30x | as long as short |
| Pacifica MSTR | −0.106% | +0.0100% | 1h | $101K | $153K | 10x | as long as short |
| Paradex MSTR-USD-PERP | −0.072% | +0.0104% | 8h | $66 | — | 5x | as long as short |
| Aster MSTRUSDT | −0.045% | +0.0176% | 8h | $1.3M | $6.1M | 50x | as long as short |
| QFEX MSTR-USD | −0.024% | +0.0065% | 1h | $1.4M | $9.7M | 10x | as long as short |
| RISEx MSTR/USDC | −0.021% | 0.0000% | 1h | $295K | $469K | 10x | as long as short |
| KuCoin MSTRUSDTM | −0.006% | +0.0100% | 8h | $2.6M | $2.7M | 20x | as long as short |
Show all 31 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Polymarket Perps MSTR-USD | −0.006% | +0.0050% | 1h | $400K | $2.3M | 10x | as long as short |
| BloFin MSTR-USDT | −0.006% | +0.0308% | 8h | $1.1M | $1.6M | 20x | as long as short |
| Extended MSTR_24_5-USD | −0.004% | +0.0032% | 1h | $574K | $2.1M | 10x | as long as short |
| Arcus MSTR-USD | 0.000% | +0.0553% | 1h | $27K | $119K | 10x | as long as short |
| SoDEX MSTR-USDlong | 0.000% | +0.0050% | 1h | $44K | $3K | 10x | |
| tradeXYZ xyz:MSTR | +0.012% | +0.0122% | 1h | $56.2M | $33.7M | 10x | as long as short |
| Orderly PERP_MSTR_USDC_mythos | +0.012% | +0.0100% | 8h | $3K | $12K | 10x | as long as short |
| Bitget MSTRUSDT | +0.018% | +0.0241% | 8h | $28.5M | $112.9M | 25x | as long as short |
| Phemex MSTRUSDT | +0.018% | 0.0000% | 4h | $2.8M | $45K | 10x | as long as short |
| Nado MSTR-PERP | +0.028% | +0.0134% | 1h | $124K | $240K | 3x | as long as short |
| Lighter MSTR | +0.030% | +0.0056% | 1h | $3.5M | $2.6M | 10x | as long as short |
| Aevo MSTR-PERPshort | +0.031% | +0.0104% | 1h | $138 | — | 10x | |
| Gate MSTR_USDT | +0.036% | 0.0000% | 8h | $4.8M | $18.5M | 50x | as long as short |
| Binance MSTRUSDT | +0.047% | +0.0185% | 8h | $88.1M | $597.6M | 50x | as long as short |
| Bybit MSTRUSDT | +0.048% | +0.0302% | 8h | $15.4M | $40.4M | 50x | as long as short |
| OKX MSTR-USDT-SWAP | +0.048% | +0.0148% | 8h | $22.0M | $102.1M | 50x | as long as short |
| Vest MSTR-USD-PERP | +0.054% | +0.0046% | 1h | — | $1.8M | 25x | as long as short |
| Deribit MSTR_USDC-PERPETUAL | +0.054% | +0.0293% | 1h | $282K | $488K | 10x | as long as short |
| edgeX MSTRUSDC | +0.062% | +0.0800% | 4h | $44K | $5.2M | 10x | as long as short |
| Phoenix MSTR | +0.090% | +0.0237% | 1h | $55K | $384K | 10x | as long as short |
| Variational Omni MSTR | +0.120% | +0.0135% | 8h | $1.2M | $2.4M | — | as long as short |