MSTR

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BitgetMSTRUSDT	128.74	+0.0119	pay 0.0119% / 8h	8m 05s	$31.7M	$53.2M	50x	Long Bitget
SHORT	QFEXMSTR-USD	128.50	−0.0023	pay 0.0003% / 1h	8m 05s	$1.4M	$862K	20x	Short QFEX37% off

Price gap−0.183%

Funding gap−0.0142% /8h

Both sides work against this direction now: funding costs $4 a day on $10k and the gap is 0.027% under its 7d average. Swap the legs.

If you open now and hold

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

Funding−$33−0.0142% /8h now · paid −0.329% over the last 7D

Price−$3spread −0.183% now, avg −0.155% → −0.027% if it goes back

Costs−$520.525% of $10k · taker + slippage, in and out

Result−$88−0.88%no points

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−0.183%

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

0 ok · 5 to watch

Watch: Thin at this size8.9 / 16.8 bp
At $10k entering QFEX costs 16.8 bp, fee and slippage, 1.9× Bitget’s.
Note: Margin at max leverage$200 + $500
Bitget 50x, QFEX 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ8h / 1h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: −$4.27Long Bitget: 3 payments, −$3.57; short QFEX: 24 payments, −$0.70.
Watch: Gap narrower than usual−0.183% vs −0.155%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Short leg is thinner$1.4M vs $31.7M OI
QFEX sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCBitget Yes · QFEX No
KYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0157%/8h × 21 periods−$32.95

Price spread−0.183% → −0.155% (7d avg)−$2.73

Slippage, 4 orderslive order books−$20.48

Fee Bitget bp × 2 orders−$12.00

Fee QFEX bp × 2 orders−$20.00

Net · 7 days · $10k−$88.15

Costs to cover0.525%Break-evennever at this rate

Slippage: Bitget: live order book, 6 min ago; QFEX: live order book, 4 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBitget0.398.9 bp−$914.7 bp−$14736.0 bp−$3,59555.0 bp−$27.5K

SELL · SHORTQFEX2.3216.8 bp−$1718.7 bp−$18720.3 bp−$2,02523.0 bp−$11.5K

Closing costs about the same again.

MSTR news

posts that mention MSTR or Strategy (MicroStrategy), from every exchange

11-09 05:31	HTX	Other	A New Era of U.S. Stock Trading Begins on HTX. 20 tokenized U.S. stocks and ETFs are coming to HTX, including $NVDA, $TSLA, $SPCX, $CRCL, $MSTR, and more. USDT spot trading pairs will roll out progressively. Launch Schedule \| Nov 9 (UTC+8) 16:00 — Deposits Open 17:00 — $SPCX/USDT Trading Opens 18:00 — $CRCL/USDT Trading Opens Your Gateway to U.S. Stocks. HTX. @HTX_Global on X ↗
11-06 03:48	BingX	Other	A $21B Bitcoin gain, yet $MSTR couldn't escape the selloff 👀 Strategy reported strong Q3 earnings driven by BTC gains, but a broader crypto market shock weighed on the stock. What's next for $MSTR? Read the full breakdown now👇 @BingXOfficial on X ↗
11-04 19:06	Ondo Perps	Other	Eligible perps markets for the Liquidity Pool: ▸ Stocks: NVDA, TSLA, META, AMD, INTC, MU, SNDK, COIN, MSTR, CRCL, SPCX ▸ Indices: US 500, US 100 ▸ ETFs: DRAM, SOXL ▸ Commodities: Gold, Silver, WTI ▸ Crypto: BTC, ETH Rewards are paid in USDC directly to your trading account within 48 hours of each week’s close. Trade Now → @OndoPerps on X ↗
11-03 11:10	Bulk	Other	STOCK SZN CONTINUES Trade $NVDA, $CRCL and $MSTR up to 10x leverage! >Fees are 55% off on all RWAs >This weeks gauntlet is stock szn >You get to tell your parents your an equities investor What are you waiting for? @bulktrade on X ↗
11-01 12:46	Bulk	Listing	new market MSTR-USD ($MSTR) seen by our collector
10-29 14:50	Phoenix	Other	Five Phoenix-listed equities report after the close today. $SNDK 4:30pm ET. $AMZN, $INTC, $MSTR and $COIN 5:00pm ET. Trade them 24/7 on Phoenix. @PhoenixTrade on X ↗