Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.022%
Price spread now: Ondo Perps against SoDEX−0.055%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
=Together, before fees—+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Ondo Perps is 0.055% cheaper against SoDEX than usual: you would sell low and buy high, −$5 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX MSTR-USD | 164.22 | 0.0050 | pay 0.0006% / 1h | 35m 49s | $43K | $3K | 10x |
| Short | Ondo Perps MSTR-USD.P | 164.13 | 0.0050 | get 0.0006% / 1h | 35m 49s | $917K | $4.9M | 10x |
SoDEX MSTR-USD
Ondo Perps MSTR-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps 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
- $0.08
- Price spread: −0.055% → 0.000%
- −$5.48
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$18.4
- Costs to cover
- 0.130%
- Break-even
- 1540.0 days
Slippage unknown: SoDEX: no order-book sample; Ondo Perps: 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
SoDEX and Ondo Perps: 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 | −0.0836% | 8h | 164.42 | +0.122% | $27.2M | $116.0M | 25x | as long as short |
| Gate MSTR_USDT | −0.0221% | 8h | 164.32 | +0.061% | $4.6M | $18.9M | 50x | as long as short |
| Aster MSTRUSDT | 0.0000% | 8h | 164.27 | +0.032% | $1.2M | $6.1M | 50x | as long as short |
| OKX MSTR-USDT-SWAP | 0.0000% | 8h | 164.30 | +0.049% | $20.8M | $100.8M | 50x | as long as short |
| RISEx MSTR/USDC | 0.0000% | 1h | 164.23 | +0.004% | $269K | $436K | 10x | as long as short |
| Variational Omni MSTR | 0.0000% | 8h | 164.33 | +0.067% | $1.2M | $2.1M | — | as long as short |
| GRVT MSTR_USDT_Perp | 0.0000% | 8h | 164.19 | −0.015% | $75K | $810K | 10x | as long as short |
| Phemex MSTRUSDT | 0.0000% | 4h | 164.44 | +0.134% | $2.8M | $67K | 10x | as long as short |
| BloFin MSTR-USDT | +0.0011% | 8h | 165.55 | +0.810% | $1.1M | $1.9M | 20x | as long as short |
| edgeX MSTRUSDC | +0.0016% | 4h | 163.85 | −0.227% | $48K | $5.5M | 10x | as long as short |
Bitget MSTRUSDT
Gate MSTR_USDT
Aster MSTRUSDT
OKX MSTR-USDT-SWAP
RISEx MSTR/USDC
Variational Omni MSTR
GRVT MSTR_USDT_Perp
Phemex MSTRUSDT
BloFin MSTR-USDT
edgeX MSTRUSDCShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance MSTRUSDT | +0.0023% | 8h | 164.32 | +0.061% | $87.3M | $626.6M | 50x | as long as short |
| Extended MSTR_24_5-USD | +0.0032% | 1h | 164.16 | −0.037% | $591K | $2.0M | 10x | as long as short |
| Arcus MSTR-USD | +0.0040% | 1h | 164.25 | +0.018% | $26K | $113K | 10x | as long as short |
| Vest MSTR-USD-PERP | +0.0046% | 1h | 164.07 | −0.091% | — | $1.8M | 25x | as long as short |
| SoDEX MSTR-USDlong | +0.0050% | 1h | 164.22 | long leg | $43K | $3K | 10x | |
| Ondo Perps MSTR-USD.Pshort | +0.0050% | 1h | 164.13 | −0.055% | $917K | $4.9M | 10x | |
| QFEX MSTR-USD | +0.0064% | 1h | 164.26 | +0.024% | $1.4M | $8.5M | 10x | as long as short |
| Pacifica MSTR | +0.0100% | 1h | 164.30 | +0.048% | $101K | $86K | 10x | as long as short |
| KuCoin MSTRUSDTM | +0.0100% | 8h | 164.18 | −0.024% | $2.4M | $2.7M | 20x | as long as short |
| ApeX Omni MSTRUSDT | +0.0100% | 1h | 163.80 | −0.256% | $4K | $203K | 50x | as long as short |
| Orderly PERP_MSTR_USDC_mythos | +0.0100% | 8h | 164.22 | 0.000% | $3K | $7K | 10x | as long as short |
| Aevo MSTR-PERP | +0.0104% | 1h | 164.30 | +0.048% | $136 | — | 10x | as long as short |
| Polymarket Perps MSTR-USD | +0.0119% | 1h | 164.23 | +0.006% | $381K | $2.7M | 10x | as long as short |
| Lighter MSTR | +0.0144% | 1h | 164.21 | −0.006% | $3.5M | $1.9M | 10x | as long as short |
| Paradex MSTR-USD-PERP | +0.0165% | 8h | 164.14 | −0.049% | $66 | — | 5x | as long as short |
| Coinbase International MSTR-PERP-INTX | +0.0168% | 1h | 164.04 | −0.110% | $1.4M | $1.1M | 10x | as long as short |
| Injective MSTR/USDC PERP | +0.0341% | 1h | 169.34 | +3.118% | $8K | $26K | 30x | as long as short |
| tradeXYZ xyz:MSTR | +0.0344% | 1h | 164.20 | −0.012% | $55.2M | $36.4M | 10x | as long as short |
| Phoenix MSTR | +0.0381% | 1h | 164.13 | −0.055% | $55K | $219K | 10x | as long as short |
| Nado MSTR-PERP | +0.0400% | 1h | 164.26 | +0.025% | $111K | $143K | 3x | as long as short |
| Bybit MSTRUSDT | +0.0430% | 8h | 164.33 | +0.067% | $17.2M | $41.2M | 50x | as long as short |
| Deribit MSTR_USDC-PERPETUAL | +0.1151% | 1h | 164.35 | +0.079% | $279K | $438K | 10x | as long as short |
Binance MSTRUSDT
Extended MSTR_24_5-USD
Arcus MSTR-USD
Vest MSTR-USD-PERP
QFEX MSTR-USD
Pacifica MSTR
KuCoin MSTRUSDTM
ApeX Omni MSTRUSDT
Orderly PERP_MSTR_USDC_mythos
Aevo MSTR-PERP
Polymarket Perps MSTR-USD
Lighter MSTR
Paradex MSTR-USD-PERP
Coinbase International MSTR-PERP-INTX
Injective MSTR/USDC PERP
tradeXYZ xyz:MSTR
Phoenix MSTR
Nado MSTR-PERP
Bybit MSTRUSDT
Deribit MSTR_USDC-PERPETUAL