MSTR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0121%/8h= −13.3% APRnext payment −$1.21 per $10,000 · paid last 24h −0.049%

Price spread now: Paradex against BloFin−0.003%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on BloFin Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin MSTR-USDT	164.48	0.0255	pay 0.0255% / 8h	4h 20m	$1.0M	$2.0M	20x
Short	Paradex MSTR-USD-PERP	164.47	0.0134	get 0.0134% / 8h	4h 20m	$66	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against BloFin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee ParadexbpOrdersPrice spread, now −0.003%Rate

Funding earned: −$25.48
Price spread: −0.003% → 0.000%: −$0.33
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$41.81
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: BloFin: live order book, 2 min ago; Paradex: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy BloFin live order book, 2 min ago	1.52 bp	7.8 bp −$8	9.5 bp −$95	17.9 bp −$1,787	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

MSTR on 32 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget MSTRUSDT	−0.0937%	8h	164.64	+0.097%	$27.8M	$115.0M	25x	as long as short
Gate MSTR_USDT	−0.0009%	8h	164.47	−0.006%	$4.6M	$18.7M	50x	as long as short
Aster MSTRUSDT	0.0000%	8h	164.54	+0.037%	$1.8M	$8.5M	50x	as long as short
Phemex MSTRUSDT	0.0000%	4h	164.41	−0.043%	$2.8M	$73K	10x	as long as short
OKX MSTR-USDT-SWAP	+0.0004%	8h	164.52	+0.024%	$20.6M	$99.5M	50x	as long as short
Lighter MSTR	+0.0032%	1h	164.47	−0.006%	$3.5M	$1.9M	10x	as long as short
Extended MSTR_24_5-USD	+0.0032%	1h	164.38	−0.064%	$594K	$1.9M	10x	as long as short
Injective MSTR/USDC PERP	+0.0033%	1h	169.34	+2.955%	$8K	$26K	30x	as long as short
RISEx MSTR/USDC	+0.0034%	1h	164.57	+0.052%	$267K	$449K	10x	as long as short
Arcus MSTR-USD	+0.0040%	1h	164.58	+0.061%	$26K	$109K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest MSTR-USD-PERP	+0.0046%	1h	164.38	−0.061%	—	$1.7M	25x	as long as short
Polymarket Perps MSTR-USD	+0.0050%	1h	164.40	−0.049%	$381K	$2.7M	10x	as long as short
SoDEX MSTR-USD	+0.0050%	1h	164.47	−0.006%	$43K	$3K	10x	as long as short
Ondo Perps MSTR-USD.P	+0.0050%	1h	164.48	0.000%	$852K	$4.0M	10x	as long as short
QFEX MSTR-USD	+0.0054%	1h	164.54	+0.036%	$1.4M	$7.4M	10x	as long as short
Variational Omni MSTR	+0.0075%	8h	164.40	−0.046%	$1.2M	$2.1M	—	as long as short
Pacifica MSTR	+0.0100%	1h	164.53	+0.033%	$101K	$83K	10x	as long as short
KuCoin MSTRUSDTM	+0.0100%	8h	164.37	−0.067%	$2.4M	$2.7M	20x	as long as short
ApeX Omni MSTRUSDT	+0.0100%	1h	164.40	−0.049%	$6K	$185K	50x	as long as short
Orderly PERP_MSTR_USDC_mythos	+0.0100%	8h	164.43	−0.030%	$3K	$8K	10x	as long as short
Aevo MSTR-PERP	+0.0104%	1h	164.45	−0.019%	$136	—	10x	as long as short
Paradex MSTR-USD-PERPshort	+0.0134%	8h	164.47	−0.003%	$66	—	5x
Binance MSTRUSDT	+0.0135%	8h	164.46	−0.015%	$87.6M	$616.7M	50x	as long as short
GRVT MSTR_USDT_Perp	+0.0157%	8h	164.67	+0.117%	$77K	$772K	10x	as long as short
Coinbase International MSTR-PERP-INTX	+0.0168%	1h	164.12	−0.219%	$1.4M	$1.1M	10x	as long as short
Phoenix MSTR	+0.0213%	1h	164.52	+0.025%	$56K	$226K	10x	as long as short
tradeXYZ xyz:MSTR	+0.0232%	1h	164.40	−0.049%	$54.8M	$37.0M	10x	as long as short
Nado MSTR-PERP	+0.0239%	1h	164.40	−0.047%	$121K	$148K	3x	as long as short
BloFin MSTR-USDTlong	+0.0255%	8h	164.48	long leg	$1.0M	$2.0M	20x
Bybit MSTRUSDT	+0.0358%	8h	164.51	+0.018%	$17.0M	$40.7M	50x	as long as short
Deribit MSTR_USDC-PERPETUAL	+0.0663%	1h	164.53	+0.030%	$280K	$438K	10x	as long as short
edgeX MSTRUSDC	+0.0824%	4h	164.54	+0.036%	$49K	$5.4M	10x	as long as short