MSTR

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	AZversemstr_usdt	142.52	+0.0053	pay 0.0007% / 1h	46m 41s	$137K	$11K	—	Long AZverse
SHORT	PhoenixMSTR	142.44	+0.0118	get 0.0015% / 1h	46m 41s	$35K	$81K	10x	Short Phoenix

Price gap−0.058%60s

Funding gap+0.0065% /8h

Funding pays +$2 a day on $10k, but the gap is 0.058% under zero (no 7-day history yet): −$6 if it goes back, about 3.0 days of funding.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding—+0.0065% /8h now · no funding history yet

Price—spread −0.058%60s now · prices read too far apart to compare

Costsno datano order book for AZverse and Phoenix

Result, before costs—no pointsneeds funding history

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.058%

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 41 exchanges

lowest funding first

Before you open

2 ok · 2 to watch

Note: Order book unknown—
No order-book sample for AZverse and Phoenix: its slippage is not counted.
Note: Margin at max leverage— + $1,000
AZverse —, Phoenix 10x. 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: +$1.95Long AZverse: 24 payments, −$1.58; short Phoenix: 24 payments, +$3.53.
Watch: Prices read 60 s apart−0.058% vs —
Part of this gap may be the market moving.
Watch: Short leg is thinner$35K vs $137K OI
Phoenix sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
OK: No KYC on either legAZverse No · Phoenix 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+$13.67

Price spreadprices read too far apart to compare—

Slippage, 4 ordersno data for AZverse and Phoenix—

Fee AZverse bp × 2 orders−$12.00

Fee Phoenix bp × 2 orders−$7.00

Net, fees only · 7 days · $10k−$5.33

price spread not counted: prices read too far apart

Costs to cover0.190%Break-even9.7 days

Slippage: AZverse: no order-book sample; Phoenix: no order-book sample

Cost to enter

taker + slippage from mid, one side

BUY · LONGAZverse—————

SELL · SHORTPhoenix—————

Closing costs about the same again.
AZverse and Phoenix: no data.

MSTR news

posts that mention MSTR or Strategy (MicroStrategy), from every exchangeSearch all news →

10-26 15:26	Variational Omni	Other	Eligible markets: Day 1 (Oct 27): $HOOD, $V, $STX, $TER, $SKHY Day 2 (Oct 28): $GOOGL, $MSFT, $KLAC Day 3 (Oct 29): $AMZN, $COIN, $MSTR, $RDDT, $SNDK @variational_io on X ↗
10-23 16:53	Backpack	Other	Earnings & macro to watch for Oct 26–30 ▸ Macro: Fed decision, GDP, PCE ▸ Tech & AI: $GOOGL $MSFT $AMZN $INTC $SKHY $SNDK $VRT ▸ Crypto & finance: $HOOD $COIN $SOFI $V $MSTR ▸ Healthcare: $LLY $ABBV ▸ Energy: $XOM $CVX Full market calendar → @Backpack on X ↗
10-23 08:04	Reya	Listing	$CRCL $HOOD $MSTR perps are live on Reya. The stablecoin issuer, the broker, and the one people bought because they couldn't buy bitcoin. Now all three trade next to our bitcoin perp. 24/7. 16 RWA perps and counting. Climb the waitlist to get inside. @reya_xyz on X ↗
10-22 22:57	Injective	Token	The second-ever Injective Stockdrop kicks off next week. Anyone who participated in the $INJ BuyBack yesterday has a chance to earn a tokenized stock on Solana. 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 ↗
10-20 16:51	Phemex	Other	MSTR has not been removed from MSCI indexes. The rule has changed; the final list is still pending. November 11 is the date to watch. If MSTR is removed, index funds may adjust their stock holdings—not force Strategy to sell BTC. Which matters more to you: index flows or the Bitcoin thesis? 🧐 Read the full analysis: @Phemex_official on X ↗
10-20 15:03	Vest Markets	Other	Trade $MSTR volatility with a Vest Capital funded account and access up to $25k in trading capital at: @VestExchange on X ↗