Funding you earn now, next payment 03:00 UTC+0.0054%/8h= +5.9% APRpaid last 24h +0.016%
Price spread now: KuCoin against Vest−0.036%7-day average +0.875% · 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)−0.031%−$3 on $10k
+Price spread, last 4 days (all we have)−1.301%−$130 · spread now −0.036%, 7d avg +0.875%
=Together, before fees−1.331%+ Points / potential airdropVest: Active · farm board−$133 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.912% cheaper against Vest than usual: you would sell low and buy high (spread −0.036% now, against its 7-day average of +0.875%). If the spread goes back, that is −$91 on $10k: about 56 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest MSTR-USD-PERP | 164.42 | 0.0046 | pay 0.0006% / 1h | 50m 48s | — | $1.8M | 25x |
| Short | KuCoin MSTRUSDTM | 164.36 | 0.0100 | get 0.0100% / 8h | 5h 50m | $2.4M | $2.7M | 20x |
Vest MSTR-USD-PERP
KuCoin MSTRUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Vest. 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
- $11.41
- Price spread: −0.036% → +0.875%
- −$91.17
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$93.76
- Costs to cover
- 0.140%
- Break-even
- 64.5 days
Slippage unknown: Vest: no order-book sample; KuCoin: live order book, 6 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 Vest no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 6 min ago | 2.13 bp | 20.2 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
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 31 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 | −0.1228% | 8h | 164.63 | +0.128% | $27.6M | $114.4M | 25x | as long as short |
| Gate MSTR_USDT | −0.0047% | 8h | 164.44 | +0.012% | $4.6M | $18.4M | 50x | as long as short |
| Aster MSTRUSDT | 0.0000% | 8h | 164.49 | +0.043% | $1.2M | $7.8M | 50x | as long as short |
| OKX MSTR-USDT-SWAP | 0.0000% | 8h | 164.47 | +0.030% | $20.8M | $99.2M | 50x | as long as short |
| Phemex MSTRUSDT | 0.0000% | 4h | 164.63 | +0.128% | $2.8M | $70K | 10x | as long as short |
| Variational Omni MSTR | +0.0011% | 8h | 164.49 | +0.044% | $1.2M | $2.0M | — | as long as short |
| Lighter MSTR | +0.0032% | 1h | 164.51 | +0.055% | $3.5M | $1.9M | 10x | as long as short |
| Extended MSTR_24_5-USD | +0.0032% | 1h | 164.30 | −0.073% | $594K | $1.9M | 10x | as long as short |
| Injective MSTR/USDC PERP | +0.0033% | 1h | 169.34 | +2.992% | $8K | $26K | 30x | as long as short |
| Arcus MSTR-USD | +0.0040% | 1h | 164.40 | −0.012% | $26K | $112K | 10x | as long as short |
Bitget MSTRUSDT
Gate MSTR_USDT
Aster MSTRUSDT
OKX MSTR-USDT-SWAP
Phemex MSTRUSDT
Variational Omni MSTR
Lighter MSTR
Extended MSTR_24_5-USD
Injective MSTR/USDC PERP
Arcus MSTR-USDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest MSTR-USD-PERPlong | +0.0046% | 1h | 164.42 | long leg | — | $1.8M | 25x | |
| Polymarket Perps MSTR-USD | +0.0050% | 1h | 164.48 | +0.036% | $384K | $2.7M | 10x | as long as short |
| SoDEX MSTR-USD | +0.0050% | 1h | 164.54 | +0.073% | $43K | $3K | 10x | as long as short |
| Ondo Perps MSTR-USD.P | +0.0050% | 1h | 164.16 | −0.158% | $880K | $4.3M | 10x | as long as short |
| QFEX MSTR-USD | +0.0060% | 1h | 164.55 | +0.079% | $1.4M | $7.8M | 10x | as long as short |
| tradeXYZ xyz:MSTR | +0.0062% | 1h | 164.41 | −0.006% | $55.1M | $36.6M | 10x | as long as short |
| Binance MSTRUSDT | +0.0082% | 8h | 164.45 | +0.018% | $87.9M | $618.2M | 50x | as long as short |
| Pacifica MSTR | +0.0100% | 1h | 164.53 | +0.066% | $101K | $85K | 10x | as long as short |
| KuCoin MSTRUSDTMshort | +0.0100% | 8h | 164.36 | −0.036% | $2.4M | $2.7M | 20x | |
| ApeX Omni MSTRUSDT | +0.0100% | 1h | 164.33 | −0.055% | $4K | $184K | 50x | as long as short |
| Orderly PERP_MSTR_USDC_mythos | +0.0100% | 8h | 164.53 | +0.067% | $3K | $8K | 10x | as long as short |
| Aevo MSTR-PERP | +0.0104% | 1h | 164.51 | +0.056% | $137 | — | 10x | as long as short |
| edgeX MSTRUSDC | +0.0137% | 4h | 164.24 | −0.111% | $50K | $5.4M | 10x | as long as short |
| Paradex MSTR-USD-PERP | +0.0143% | 8h | 164.47 | +0.031% | $66 | — | 5x | as long as short |
| GRVT MSTR_USDT_Perp | +0.0159% | 8h | 164.46 | +0.023% | $77K | $772K | 10x | as long as short |
| Coinbase International MSTR-PERP-INTX | +0.0200% | 1h | 164.09 | −0.201% | $1.4M | $1.1M | 10x | as long as short |
| Nado MSTR-PERP | +0.0213% | 1h | 164.40 | −0.010% | $122K | $149K | 3x | as long as short |
| RISEx MSTR/USDC | +0.0291% | 1h | 164.57 | +0.091% | $269K | $447K | 10x | as long as short |
| Bybit MSTRUSDT | +0.0335% | 8h | 164.50 | +0.049% | $17.1M | $40.7M | 50x | as long as short |
| Phoenix MSTR | +0.0336% | 1h | 164.25 | −0.100% | $55K | $227K | 10x | as long as short |
| Deribit MSTR_USDC-PERPETUAL | +0.0480% | 1h | 164.58 | +0.097% | $280K | $438K | 10x | as long as short |
Polymarket Perps MSTR-USD
SoDEX MSTR-USD
Ondo Perps MSTR-USD.P
QFEX MSTR-USD
tradeXYZ xyz:MSTR
Binance MSTRUSDT
Pacifica MSTR
ApeX Omni MSTRUSDT
Orderly PERP_MSTR_USDC_mythos
Aevo MSTR-PERP
edgeX MSTRUSDC
Paradex MSTR-USD-PERP
GRVT MSTR_USDT_Perp
Coinbase International MSTR-PERP-INTX
Nado MSTR-PERP
RISEx MSTR/USDC
Bybit MSTRUSDT
Phoenix MSTR
Deribit MSTR_USDC-PERPETUAL