MSTR

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0548%/8h= +60.0% APRnext payment +$0.68 per $10,000 · paid last 24h +0.058%

Price spread now: RISEx against SoDEX+0.005%7-day average — · you sell dearer than you buy

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

Long on SoDEX Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$16 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	166.22	0.0050	pay 0.0006% / 1h	1m 24s	$44K	$3K	10x
Short	RISEx MSTR/USDC	166.23	0.0598	get 0.0075% / 1h	1m 24s	$274K	$353K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

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

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

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 SoDEXbpFee RISExbpOrdersPrice spread, now +0.005%Rate

Funding earned: $115.04
Price spread: +0.005% → 0.000%: $0.54
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee RISEx: 3 bp × 2 orders: −$6
Net: $101.58
Costs to cover: 0.140%
Break-even: 0.8 days

Slippage unknown: SoDEX: no order-book sample; RISEx: live order book, 50 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 RISEx live order book, 50 min ago	2.42 bp	5.4 bp −$5	6.2 bp −$62	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 exchanges

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
Gate MSTR_USDT	0.0000%	8h	166.28	+0.036%	$4.9M	$18.6M	50x	as long as short
Bitget MSTRUSDT	0.0000%	8h	166.30	+0.048%	$32.0M	$106.4M	25x	as long as short
Phemex MSTRUSDT	0.0000%	4h	166.25	+0.018%	$2.8M	$85K	10x	as long as short
Lighter MSTR	+0.0032%	1h	166.17	−0.030%	$3.5M	$1.8M	10x	as long as short
Extended MSTR_24_5-USD	+0.0032%	1h	166.09	−0.078%	$511K	$1.8M	10x	as long as short
Vest MSTR-USD-PERP	+0.0046%	1h	166.42	+0.120%	—	$1.7M	25x	as long as short
Polymarket Perps MSTR-USD	+0.0050%	1h	166.18	−0.024%	$384K	$2.3M	10x	as long as short
SoDEX MSTR-USDlong	+0.0050%	1h	166.22	long leg	$44K	$3K	10x
Ondo Perps MSTR-USD.P	+0.0050%	1h	165.97	−0.150%	$874K	$3.3M	10x	as long as short
QFEX MSTR-USD	+0.0076%	1h	166.18	−0.024%	$1.3M	$6.2M	10x	as long as short

Show all 32 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica MSTR	+0.0100%	1h	166.09	−0.075%	$102K	$74K	10x	as long as short
KuCoin MSTRUSDTM	+0.0100%	8h	166.16	−0.036%	$2.4M	$2.7M	20x	as long as short
ApeX Omni MSTRUSDT	+0.0100%	1h	166.14	−0.048%	$6K	$151K	50x	as long as short
Orderly PERP_MSTR_USDC_mythos	+0.0100%	8h	166.31	+0.054%	$3K	$10K	10x	as long as short
Nado MSTR-PERP	+0.0103%	1h	166.13	−0.052%	$127K	$133K	3x	as long as short
Aevo MSTR-PERP	+0.0104%	1h	166.29	+0.043%	$138	—	10x	as long as short
Paradex MSTR-USD-PERP	+0.0112%	8h	166.17	−0.028%	$66	—	5x	as long as short
Coinbase International MSTR-PERP-INTX	+0.0112%	1h	165.78	−0.265%	$1.4M	$390K	10x	as long as short
edgeX MSTRUSDC	+0.0192%	4h	166.56	+0.202%	$48K	$5.0M	10x	as long as short
Aster MSTRUSDT	+0.0231%	8h	166.19	−0.018%	$1.8M	$7.0M	50x	as long as short
Bybit MSTRUSDT	+0.0246%	8h	166.27	+0.030%	$17.2M	$38.3M	50x	as long as short
tradeXYZ xyz:MSTR	+0.0265%	1h	166.18	−0.024%	$54.9M	$34.5M	10x	as long as short
OKX MSTR-USDT-SWAP	+0.0280%	8h	166.29	+0.042%	$21.6M	$84.7M	50x	as long as short
Variational Omni MSTR	+0.0311%	8h	166.39	+0.100%	$1.2M	$1.6M	—	as long as short
Phoenix MSTR	+0.0355%	1h	166.40	+0.108%	$56K	$217K	10x	as long as short
Binance MSTRUSDT	+0.0415%	8h	166.21	−0.007%	$87.0M	$543.4M	50x	as long as short
Injective MSTR/USDC PERP	+0.0440%	1h	165.22	−0.602%	$7K	$28K	30x	as long as short
GRVT MSTR_USDT_Perp	+0.0508%	8h	166.41	+0.114%	$85K	$863K	10x	as long as short
Deribit MSTR_USDC-PERPETUAL	+0.0533%	1h	166.25	+0.018%	$283K	$209K	10x	as long as short
BloFin MSTR-USDT	+0.0535%	8h	166.46	+0.144%	$1.1M	$1.9M	20x	as long as short
RISEx MSTR/USDCshort	+0.0598%	1h	166.23	+0.005%	$274K	$353K	10x
Arcus MSTR-USD	+0.0942%	1h	166.27	+0.030%	$26K	$71K	10x	as long as short