Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Funding arb · Price arb / RWA

MSTR

RWAAll MSTR markets →
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
ApeX OmniMSTRUSDT
157.08+0.0100pay 0.0013% / 1h9m 50s$90K$61K50xLong ApeX Omni5% off
SHORT
PopdexMSTRUSDT
157.00+0.0048get 0.0006% / 1h9m 50s$24K$289K20xShort Popdex
Price gap−0.051%57s
Funding gap−0.0052% /8h

Both sides work against this direction now: funding costs $2 a day on $10k and the gap is 0.051% under zero (no 7-day history yet). Swap the legs.

The two prices were read 57 s apart: part of this gap may be the market moving.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding—−0.0052% /8h now · no funding history yet
Price—spread −0.051%57s now · prices read too far apart to compare
Costsno datano order book for ApeX Omni
Result, before costs—no pointsneeds funding history

Price and funding

1h · loading 5m…
PRICE SPREAD · 7D
Now−0.051%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

MSTR on 35 exchanges

lowest funding first

Before you open

2 ok · 2 to watch
  • Note: Order book unknown—
    No order-book sample for ApeX Omni: its slippage is not counted.
  • Note: Margin at max leverage$200 + $500
    ApeX Omni 50x, Popdex 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval1h / 1h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: −$1.56Long ApeX Omni: 24 payments, −$3.00; short Popdex: 24 payments, +$1.44.
  • Watch: Prices read 57 s apart−0.051% vs —
    Part of this gap may be the market moving.
  • Watch: Short leg is thinner$24K vs $90K OI
    Popdex sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • OK: No KYC on either legApeX Omni No · Popdex No
    Both exchanges let you trade without ID.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earnedno history yet: current rate−$10.92
Price spreadprices read too far apart to compare—
Slippage, 4 ordersno data for ApeX Omni—
Fee ApeX Omni bp × 2 orders−$10.00
Fee Popdex bp × 2 orders−$6.40
Net, fees only · 7 days · $10k−$27.32
price spread not counted: prices read too far apart
Costs to cover0.164%Break-evennever at this rate
Slippage: ApeX Omni: no order-book sample; Popdex: live order book, 2 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGApeX Omni—————
SELL · SHORTPopdex0.644.7 bp−$512.3 bp−$123doesn’t fitdoesn’t fit

Closing costs about the same again.
ApeX Omni: no data.

Alert

MSTR news

posts that mention MSTR or Strategy (MicroStrategy), from every exchangeSearch all news →
09-28 19:52RISExContestRISEx did $769.5M last week, up 15% from $669.4M BTC volume alone grew 37%, from $192.6M to $263.8M MSTR just entered our RWA leaderboard for the first time at $10.4M; in the same week, BTC volume surged - not a coincidence at all. What are we trading this week? @risextrade on X ↗
09-25 00:50InjectiveTokenThe Injective Stockdrop officially starts next week. Anyone who participated in the $INJ BuyBack yesterday will be eligible to earn a stock token on Robinhood Chain. Here are just a few of the tokenized stocks that you could get: $AMC $SNAP $GLXY $HIMS $SMCI $RKLB $CRCL $INTC $MSTR $SPCX $COIN $NVDA $AAPL $TSLA $META $MU $SNDK More ▇▇▇▇ and ▇▇ @injective on X ↗
09-24 04:00GateListingGate Futures Stocks Section & Forex Zone Initial Listing: $MSTU (2X Long MSTR Daily Target ETF), $OKLO (Oklo Inc.), $USDBRL (USD/BRL) and 9 futures in total. 🔹 Trading Pairs: $MSTU / $USDT, $OKLO / $USDT, $USDBRL / $USDT & 6 more 🔹 Trading Starts: September 24th, 2026 03:00AM (UTC) 🔹 Supports 1 – 20x Leverage, Bots, and Copy Trading 🔹 Gate currently supports trading of 459 stock futures More details: @Gate on X ↗
09-23 11:17BitgetOtherIf you're already trading $S, $MSTR, $CRCL, $TSLA and other top stocks and commodities, why not check these campaigns to earn rewards too! ⤵️ @bitget on X ↗
09-22 08:29BitgetOtherNew CandyBomb Alert on #Bitget! 🚨 Trade futures and claim your share of 120 $MSTR in rToken. Details. @bitget on X ↗
09-21 20:49BackpackOtherJUST IN: Michael Saylor’s Strategy now has nearly $10 billion in unrealized gains on its Bitcoin holdings as $BTC trades above $87,000. $MSTR +30.14% over the past week @Backpack on X ↗