Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
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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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG144.77+0.0008pay 0.0001% / 1h24m 18s$131K$11K—Long AZverse
SHORT144.71+0.0050get 0.0006% / 1h24m 18s$349K$419K10xShort Polymarket Perps
Price gap−0.041%
Funding gap+0.0042% /8h

Both sides work: funding pays +$1 a day on $10k, and the gap is 0.092% above its 7d average: +$9 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$5+0.0042% /8h now · paid −0.052% over the last 20 hours (all we have)
Price+$9spread −0.041% now, avg −0.134% → +0.092% if it goes back
Costsno datano order book for AZverse
Result, before costs+$4+0.04%no pointscosts unknown: no order book for AZverse · What the last 7D really paid, hour by hour → backtest

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.041%
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

3 ok · 1 to watch
  • Note: Order book unknown—
    No order-book sample for AZverse: its slippage is not counted.
  • Note: Margin at max leverage— + $1,000
    AZverse —, Polymarket Perps 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: +$1.26Long AZverse: 24 payments, −$0.24; short Polymarket Perps: 24 payments, +$1.50.
  • OK: Entry gap works for you−0.041% vs −0.134%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Long leg is thinner$131K vs $349K OI
    AZverse 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 · Polymarket Perps 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 earned−0.0211%/8h × 21 periods−$44.40
Price spread−0.041% → −0.134% (7d avg)+$9.21
Slippage, 4 ordersno data for AZverse—
Fee AZverse bp × 2 orders−$12.00
Fee Polymarket Perps bp × 2 orders−$8.00
Net, fees only · 7 days · $10k−$55.19
Costs to cover0.200%Break-evennever at this rate
Slippage: AZverse: no order-book sample; Polymarket Perps: live order book, 15 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGAZverse—————
SELL · SHORTPolymarket Perps1.737.0 bp−$77.7 bp−$779.6 bp−$955doesn’t fit

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

Alert

MSTR news

posts that mention MSTR or Strategy (MicroStrategy), from every exchangeSearch all news →
10-23 16:53BackpackOtherEarnings & 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 $CVX Full market calendar → @Backpack on X ↗
10-23 08:04ReyaListing$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 22:57InjectiveTokenThe 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 16:51PhemexOtherMSTR 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 15:03Vest MarketsOtherTrade $MSTR volatility with a Vest Capital funded account and access up to $25k in trading capital at: @VestExchange on X ↗
10-20 15:03Vest MarketsTokenStrategy is up around 7% on today's session, with $MSTR recovering part of Friday's ~10% slide. Last week's filing showed 267 $BTC added for $22.1M, lifting holdings to 848,517 coins, and the preferred buyback authorization raised to $3B from $2B. The same week put $193M into preferred repurchases, nearly nine times what went into new coins. @VestExchange on X ↗