ArbiLayer

MSTU arbitrage

live

Live T-Rex 2X Long MSTR Daily Target ETF (Dinari Tokenized ETF) price differences between exchanges: perpetual, spot and DEX spreads after fees, with funding and depth.

Best net spread+0.11%Bybit → OKX · Perp–Perp
Best perp–perp spread+0.27%Bybit → OKX
Markets tracked66 venues · 6 perp · 0 spot · 0 DEX
Price range0.38%$39.80 – $39.95

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Bybit logoBybit$39.83OKX logoOKX$39.94 +0.27%+0.11% +0.32%— +0.147%— LS Chart →
Bitget logoBitget$39.83OKX logoOKX$39.94 +0.27%+0.11% +0.36%— +0.279%— LS Chart →
Bybit logoBybit$39.83MEXC logoMEXC$39.87 +0.10%-0.06% +0.15%— +0.150%— LS Chart →
Bitget logoBitget$39.83MEXC logoMEXC$39.87 +0.10%-0.06% +0.19%— +0.281%— LS Chart →
Gate logoGate$39.91OKX logoOKX$39.94 +0.07%-0.09% +0.22%— +0.452%— LS Chart →
Bybit logoBybit$39.83Gate logoGate$39.82 -0.03%-0.19% -0.13%— -0.305%— LS Chart →
Bitget logoBitget$39.83Gate logoGate$39.82 -0.03%-0.19% -0.09%— -0.174%— LS Chart →
MEXC logoMEXC$39.95OKX logoOKX$39.94 -0.03%-0.19% -0.03%— -0.002%— LS Chart →
Gate logoGate$39.91MEXC logoMEXC$39.87 -0.10%-0.26% +0.05%— +0.455%— LS Chart →
Bybit logoBybit$39.83Bitget logoBitget$39.78 -0.12%-0.28% -0.16%— -0.131%— LS Chart →
Bitget logoBitget$39.83Bybit logoBybit$39.77 -0.15%-0.31% -0.11%— +0.131%— LS Chart →
OKX logoOKX$39.97MEXC logoMEXC$39.87 -0.24%-0.40% -0.24%— +0.002%— LS Chart →
Bybit logoBybit$39.83HTX logoHTX$39.71 -0.30%-0.46% -0.40%— -0.305%— LS Chart →
Bitget logoBitget$39.83HTX logoHTX$39.71 -0.30%-0.46% -0.36%— -0.174%— LS Chart →
Gate logoGate$39.91Bitget logoBitget$39.78 -0.32%-0.48% -0.26%— +0.174%— LS Chart →
Long = where you buy, Short = where you sell. Net subtracts a two-leg taker fee model; Spread+F adds the next funding payment.Updates every 15 seconds. Not investment advice.

MSTU price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
Bitget logoBitgetPerpetual · MSTUUSDTPerpetual $39.78$39.83$39.81-0.18% +0.174%$2.25M
Bybit logoBybitPerpetual · MSTUUSDTPerpetual $39.77$39.83$39.80-0.20% +0.305%$1.60M
MEXC logoMEXCPerpetual · MSTU_USDTPerpetual $39.87$39.95$39.91+0.08% +0.455%$619.8K
OKX logoOKXPerpetual · MSTU-USDT-SWAPPerpetual $39.94$39.97$39.95+0.18% +0.452%$440.9K
HTX logoHTXPerpetual · MSTU-USDTPerpetual $39.71$40.08$39.89+0.04% 0.000%$25.3K
Gate logoGatePerpetual · MSTU_USDTPerpetual $39.82$39.91$39.86-0.04% 0.000%$7.6K
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

MSTU arbitrage explained

Right now T-Rex 2X Long MSTR Daily Target ETF (Dinari Tokenized ETF) (MSTU) trades on 6 venues we scan: 6 perpetual markets, 0 spot markets and 0 DEX pools. The lowest ask is on Bybit perp at $39.83 and the highest bid on OKX perp at $39.94.

The widest MSTU perpetual spread is between Bybit and OKX: long MSTU on Bybit at $39.83 and short on OKX at $39.94 for +0.27% gross, or +0.11% after the 0.16% two-leg fee model. No transfer is needed: both positions stay on their exchanges until the prices converge. The funding difference on this pair is +0.147% per day, which the position collects while it is open.

Small MSTU gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.

Related: MSTU funding rates · MSTU spread charts · T-Rex 2X Long MSTR Daily Target ETF (Dinari Tokenized ETF) price · arbitrage scanner for all coins.

Is there a MSTU arbitrage opportunity right now?

The best MSTU route right now is to buy on Bybit → sell on OKX (Perp–Perp): +0.27% gross and +0.11% after fees. It is positive after the fee model, but check depth and funding before trading.

Which exchange has the cheapest MSTU?

Bybit (perp) has the lowest MSTU ask at $39.83, and OKX (perp) the highest bid at $39.94. Prices update every 15 seconds on this page.

How many exchanges list MSTU?

ArbiLayer tracks 6 MSTU markets on 6 venues: 6 perpetual, 0 spot and 0 DEX pools.

How do I arbitrage MSTU without transferring coins?

Use two perpetual contracts: go long MSTU on the cheaper exchange (Bybit now) and short it on the more expensive one (OKX), then close both legs when the spread converges. The coins never move between exchanges.

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