Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.5% APRnext payment +$0.01 per $10,000 · paid last 24h +0.001%
Price spread now: Polymarket Perps against Vest+0.085%7-day average +0.340% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.149%+$15 on $10k
+Price spread, last 7 days−0.226%−$23 · spread now +0.085%, 7d avg +0.340%
=Together, before fees−0.077%+ Points / potential airdropVest: Active · farm board−$8 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Polymarket Perps is 0.254% cheaper against Vest than usual: you would sell low and buy high, −$25 on $10k if it goes back to its 7-day average of +0.340%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest MSTR-USD-PERP | 163.92 | 0.0046 | pay 0.0006% / 1h | 17m 25s | — | $1.7M | 25x |
| Short | Polymarket Perps MSTR-USD | 164.06 | 0.0050 | get 0.0006% / 1h | 17m 25s | $380K | $2.7M | 10x |
Vest MSTR-USD-PERP
Polymarket Perps MSTR-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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
- $0.91
- Price spread: +0.085% → +0.340%
- −$25.43
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$34.52
- Costs to cover
- 0.100%
- Break-even
- 273.4 days
Slippage unknown: Vest: no order-book sample; Polymarket Perps: live order book, 1 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 Polymarket Perps live order book, 1 min ago | 0.31 bp | 8.4 bp −$8 | 9.1 bp −$91 | 10.8 bp −$1,085 | 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 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 | −0.0945% | 8h | 164.25 | +0.201% | $27.2M | $116.4M | 25x | as long as short |
| Aster MSTRUSDT | 0.0000% | 8h | 164.13 | +0.128% | $1.8M | $8.6M | 50x | as long as short |
| Gate MSTR_USDT | 0.0000% | 8h | 164.20 | +0.171% | $4.6M | $19.2M | 50x | as long as short |
| Phemex MSTRUSDT | 0.0000% | 4h | 164.17 | +0.153% | $2.8M | $77K | 10x | as long as short |
| Lighter MSTR | +0.0032% | 1h | 164.13 | +0.128% | $3.5M | $2.0M | 10x | as long as short |
| Extended MSTR_24_5-USD | +0.0032% | 1h | 163.95 | +0.021% | $601K | $1.9M | 10x | as long as short |
| Injective MSTR/USDC PERP | +0.0033% | 1h | 169.34 | +3.306% | $8K | $26K | 30x | as long as short |
| Arcus MSTR-USD | +0.0040% | 1h | 164.10 | +0.110% | $26K | $110K | 10x | as long as short |
| Vest MSTR-USD-PERPlong | +0.0046% | 1h | 163.92 | long leg | — | $1.7M | 25x | |
| OKX MSTR-USDT-SWAP | +0.0047% | 8h | 164.13 | +0.128% | $20.8M | $99.1M | 50x | as long as short |
Bitget MSTRUSDT
Aster MSTRUSDT
Gate MSTR_USDT
Phemex MSTRUSDT
Lighter MSTR
Extended MSTR_24_5-USD
Injective MSTR/USDC PERP
Arcus MSTR-USD
OKX MSTR-USDT-SWAPShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps MSTR-USDshort | +0.0050% | 1h | 164.06 | +0.085% | $380K | $2.7M | 10x | |
| SoDEX MSTR-USD | +0.0050% | 1h | 164.06 | +0.085% | $43K | $3K | 10x | as long as short |
| Ondo Perps MSTR-USD.P | +0.0050% | 1h | 163.80 | −0.073% | $846K | $3.9M | 10x | as long as short |
| QFEX MSTR-USD | +0.0067% | 1h | 164.09 | +0.104% | $1.4M | $7.3M | 10x | as long as short |
| Paradex MSTR-USD-PERP | +0.0070% | 8h | 164.17 | +0.155% | $66 | — | 5x | as long as short |
| Pacifica MSTR | +0.0100% | 1h | 164.11 | +0.117% | $100K | $83K | 10x | as long as short |
| KuCoin MSTRUSDTM | +0.0100% | 8h | 164.05 | +0.079% | $2.4M | $2.7M | 20x | as long as short |
| ApeX Omni MSTRUSDT | +0.0100% | 1h | 163.89 | −0.018% | $6K | $182K | 50x | as long as short |
| Orderly PERP_MSTR_USDC_mythos | +0.0100% | 8h | 164.11 | +0.116% | $4K | $8K | 10x | as long as short |
| Variational Omni MSTR | +0.0102% | 8h | 164.03 | +0.065% | $1.2M | $2.1M | — | as long as short |
| Aevo MSTR-PERP | +0.0104% | 1h | 164.05 | +0.082% | $136 | — | 10x | as long as short |
| Binance MSTRUSDT | +0.0165% | 8h | 164.12 | +0.122% | $86.5M | $618.6M | 50x | as long as short |
| GRVT MSTR_USDT_Perp | +0.0166% | 8h | 164.07 | +0.089% | $76K | $826K | 10x | as long as short |
| Coinbase International MSTR-PERP-INTX | +0.0168% | 1h | 163.88 | −0.024% | $1.4M | $1.1M | 10x | as long as short |
| RISEx MSTR/USDC | +0.0231% | 1h | 164.15 | +0.140% | $266K | $445K | 10x | as long as short |
| Nado MSTR-PERP | +0.0250% | 1h | 163.98 | +0.034% | $121K | $148K | 3x | as long as short |
| tradeXYZ xyz:MSTR | +0.0263% | 1h | 164.08 | +0.098% | $54.7M | $37.1M | 10x | as long as short |
| BloFin MSTR-USDT | +0.0284% | 8h | 164.04 | +0.073% | $1.0M | $2.1M | 20x | as long as short |
| Bybit MSTRUSDT | +0.0323% | 8h | 164.17 | +0.153% | $16.6M | $41.1M | 50x | as long as short |
| Phoenix MSTR | +0.0340% | 1h | 164.02 | +0.059% | $56K | $226K | 10x | as long as short |
| edgeX MSTRUSDC | +0.0400% | 4h | 163.93 | +0.003% | $49K | $5.3M | 10x | as long as short |
| Deribit MSTR_USDC-PERPETUAL | +0.0726% | 1h | 164.12 | +0.122% | $279K | $438K | 10x | as long as short |
SoDEX MSTR-USD
Ondo Perps MSTR-USD.P
QFEX MSTR-USD
Paradex MSTR-USD-PERP
Pacifica MSTR
KuCoin MSTRUSDTM
ApeX Omni MSTRUSDT
Orderly PERP_MSTR_USDC_mythos
Variational Omni MSTR
Aevo MSTR-PERP
Binance MSTRUSDT
GRVT MSTR_USDT_Perp
Coinbase International MSTR-PERP-INTX
RISEx MSTR/USDC
Nado MSTR-PERP
tradeXYZ xyz:MSTR
BloFin MSTR-USDT
Bybit MSTRUSDT
Phoenix MSTR
edgeX MSTRUSDC
Deribit MSTR_USDC-PERPETUAL