Funding you earn now, next payment 08:00 UTC+0.0028%/8h= +3.1% APRpaid last 24h +0.007%
Price spread now: Aster against SoDEX−0.015%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX MSTR-USD | 163.20 | 0.0050 | pay 0.0006% / 1h | 35m 15s | $43K | $3K | 10x |
| Short | Aster MSTRUSDT | 163.18 | 0.0078 | get 0.0078% / 8h | 35m 15s | $1.8M | $8.7M | 50x |
SoDEX MSTR-USD
Aster MSTRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against SoDEX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $5.94
- Price spread: −0.015% → 0.000%
- −$1.48
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$11.54
- Costs to cover
- 0.160%
- Break-even
- 20.6 days
Slippage unknown: SoDEX: no order-book sample; Aster: live order book, 4 min ago. 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Aster live order book, 4 min ago | 0.92 bp | 6.5 bp −$7 | 28.5 bp −$285 | doesn't fit | doesn't fit |
SoDEX: 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget MSTRUSDT | −0.0382% | 8h | 163.42 | +0.135% | $29.4M | $119.0M | 25x | as long as short |
| Gate MSTR_USDT | 0.0000% | 8h | 163.32 | +0.074% | $4.7M | $19.5M | 50x | as long as short |
| Phemex MSTRUSDT | 0.0000% | 4h | 163.30 | +0.061% | $2.7M | $82K | 10x | as long as short |
| edgeX MSTRUSDC | +0.0005% | 4h | 163.47 | +0.168% | $46K | $5.4M | 10x | as long as short |
| Extended MSTR_24_5-USD | +0.0032% | 1h | 163.03 | −0.104% | $502K | $2.0M | 10x | as long as short |
| Injective MSTR/USDC PERP | +0.0033% | 1h | 169.34 | +3.762% | $8K | $26K | 30x | as long as short |
| Arcus MSTR-USD | +0.0040% | 1h | 163.67 | +0.288% | $26K | $113K | 10x | as long as short |
| Vest MSTR-USD-PERP | +0.0046% | 1h | 163.18 | −0.012% | — | $1.8M | 25x | as long as short |
| Polymarket Perps MSTR-USD | +0.0050% | 1h | 163.18 | −0.012% | $377K | $2.7M | 10x | as long as short |
| SoDEX MSTR-USDlong | +0.0050% | 1h | 163.20 | long leg | $43K | $3K | 10x |
Bitget MSTRUSDT
Gate MSTR_USDT
Phemex MSTRUSDT
edgeX MSTRUSDC
Extended MSTR_24_5-USD
Injective MSTR/USDC PERP
Arcus MSTR-USD
Vest MSTR-USD-PERP
Polymarket Perps MSTR-USDShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps MSTR-USD.P | +0.0050% | 1h | 163.14 | −0.037% | $864K | $3.7M | 10x | as long as short |
| QFEX MSTR-USD | +0.0067% | 1h | 163.25 | +0.031% | $1.3M | $7.1M | 10x | as long as short |
| Aster MSTRUSDTshort | +0.0078% | 8h | 163.18 | −0.015% | $1.8M | $8.7M | 50x | |
| Pacifica MSTR | +0.0100% | 1h | 163.22 | +0.012% | $100K | $89K | 10x | as long as short |
| KuCoin MSTRUSDTM | +0.0100% | 8h | 163.20 | 0.000% | $2.4M | $2.7M | 20x | as long as short |
| ApeX Omni MSTRUSDT | +0.0100% | 1h | 163.31 | +0.067% | $5K | $182K | 50x | as long as short |
| Orderly PERP_MSTR_USDC_mythos | +0.0100% | 8h | 163.19 | −0.006% | $2K | $13K | 10x | as long as short |
| Lighter MSTR | +0.0104% | 1h | 163.24 | +0.025% | $3.5M | $2.0M | 10x | as long as short |
| Aevo MSTR-PERP | +0.0104% | 1h | 163.08 | −0.073% | $135 | — | 10x | as long as short |
| Coinbase International MSTR-PERP-INTX | +0.0136% | 1h | 161.52 | −1.029% | $1.4M | $1.1M | 10x | as long as short |
| Paradex MSTR-USD-PERP | +0.0167% | 8h | 163.29 | +0.055% | $65 | — | 5x | as long as short |
| OKX MSTR-USDT-SWAP | +0.0201% | 8h | 163.20 | 0.000% | $20.9M | $99.8M | 50x | as long as short |
| Variational Omni MSTR | +0.0203% | 8h | 163.25 | +0.033% | $1.2M | $2.0M | — | as long as short |
| Binance MSTRUSDT | +0.0273% | 8h | 163.21 | +0.005% | $84.1M | $621.2M | 50x | as long as short |
| Nado MSTR-PERP | +0.0280% | 1h | 163.20 | −0.003% | $125K | $165K | 3x | as long as short |
| GRVT MSTR_USDT_Perp | +0.0282% | 8h | 163.75 | +0.336% | $85K | $849K | 10x | as long as short |
| Phoenix MSTR | +0.0357% | 1h | 163.61 | +0.249% | $56K | $223K | 10x | as long as short |
| BloFin MSTR-USDT | +0.0393% | 8h | 163.23 | +0.018% | $1.0M | $2.1M | 20x | as long as short |
| Bybit MSTRUSDT | +0.0414% | 8h | 163.22 | +0.012% | $17.1M | $41.7M | 50x | as long as short |
| RISEx MSTR/USDC | +0.0493% | 1h | 163.30 | +0.061% | $265K | $417K | 10x | as long as short |
| tradeXYZ xyz:MSTR | +0.0509% | 1h | 163.22 | +0.012% | $53.9M | $37.6M | 10x | as long as short |
| Deribit MSTR_USDC-PERPETUAL | +0.0793% | 1h | 163.19 | −0.006% | $278K | $437K | 10x | as long as short |
Ondo Perps MSTR-USD.P
QFEX MSTR-USD
Pacifica MSTR
KuCoin MSTRUSDTM
ApeX Omni MSTRUSDT
Orderly PERP_MSTR_USDC_mythos
Lighter MSTR
Aevo MSTR-PERP
Coinbase International MSTR-PERP-INTX
Paradex MSTR-USD-PERP
OKX MSTR-USDT-SWAP
Variational Omni MSTR
Binance MSTRUSDT
Nado MSTR-PERP
GRVT MSTR_USDT_Perp
Phoenix MSTR
BloFin MSTR-USDT
Bybit MSTRUSDT
RISEx MSTR/USDC
tradeXYZ xyz:MSTR
Deribit MSTR_USDC-PERPETUAL