MSTR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0179%/8h= +19.6% APRnext payment +$1.79 per $10,000 · paid last 24h −0.007%

Price spread now: Orderly against Gate−0.089%7-day average — · you buy dearer than you sell

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

Long on Gate Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—needs both histories

Funding pays, the price is against you. Orderly is 0.089% cheaper against Gate than usual: you would sell low and buy high (spread −0.089% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 40 hours of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate MSTR_USDT	168.02	−0.0079	get 0.0079% / 8h	7h 14m	$4.7M	$19.1M	50x
Short	Orderly PERP_MSTR_USDC_mythos	167.87	0.0100	get 0.0100% / 8h	7h 14m	$3K	$8K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Gate. 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 GatebpFee OrderlybpOrdersPrice spread, now −0.089%Rate

Funding earned: $37.59
Price spread: −0.089% → 0.000%: −$8.93
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Orderly: 3 bp × 2 orders: −$6
Net: $7.66
Costs to cover: 0.210%
Break-even: 5.6 days

Slippage unknown: Gate: live order book, 4 min ago; Orderly: 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 Gate live order book, 4 min ago	2.08 bp	13.7 bp −$14	40.9 bp −$409	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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
Gate MSTR_USDTlong	−0.0079%	8h	168.02	long leg	$4.7M	$19.1M	50x
Nado MSTR-PERP	−0.0006%	1h	167.70	−0.189%	$128K	$106K	3x	as long as short
Aster MSTRUSDT	0.0000%	8h	167.93	−0.055%	$1.2M	$6.1M	50x	as long as short
OKX MSTR-USDT-SWAP	0.0000%	8h	167.89	−0.077%	$21.6M	$100.1M	50x	as long as short
Bitget MSTRUSDT	0.0000%	8h	168.01	−0.006%	$27.9M	$113.1M	25x	as long as short
Variational Omni MSTR	0.0000%	8h	168.08	+0.035%	$1.2M	$2.0M	—	as long as short
GRVT MSTR_USDT_Perp	0.0000%	8h	167.94	−0.046%	$85K	$812K	10x	as long as short
Phemex MSTRUSDT	0.0000%	4h	167.90	−0.071%	$2.8M	$67K	10x	as long as short
Binance MSTRUSDT	+0.0011%	8h	168.01	−0.004%	$88.5M	$613.7M	50x	as long as short
Lighter MSTR	+0.0032%	1h	167.89	−0.077%	$3.6M	$2.0M	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended MSTR_24_5-USD	+0.0032%	1h	167.79	−0.137%	$577K	$1.8M	10x	as long as short
QFEX MSTR-USD	+0.0035%	1h	167.97	−0.030%	$1.4M	$8.9M	10x	as long as short
BloFin MSTR-USDT	+0.0039%	8h	167.94	−0.048%	$1.1M	$1.9M	20x	as long as short
Arcus MSTR-USD	+0.0040%	1h	168.09	+0.042%	$27K	$117K	10x	as long as short
Vest MSTR-USD-PERP	+0.0046%	1h	167.75	−0.161%	—	$1.8M	25x	as long as short
Polymarket Perps MSTR-USD	+0.0050%	1h	167.79	−0.137%	$394K	$2.7M	10x	as long as short
SoDEX MSTR-USD	+0.0050%	1h	167.89	−0.077%	$44K	$3K	10x	as long as short
Ondo Perps MSTR-USD.P	+0.0050%	1h	167.81	−0.125%	$766K	$4.9M	10x	as long as short
Coinbase International MSTR-PERP-INTX	+0.0088%	1h	168.06	+0.024%	$1.4M	$1.1M	10x	as long as short
Pacifica MSTR	+0.0100%	1h	167.98	−0.025%	$104K	$84K	10x	as long as short
KuCoin MSTRUSDTM	+0.0100%	8h	167.83	−0.113%	$2.5M	$2.7M	20x	as long as short
ApeX Omni MSTRUSDT	+0.0100%	1h	167.82	−0.119%	$4K	$204K	50x	as long as short
Orderly PERP_MSTR_USDC_mythosshort	+0.0100%	8h	167.87	−0.089%	$3K	$8K	10x
Paradex MSTR-USD-PERP	+0.0103%	8h	167.96	−0.037%	$67	—	5x	as long as short
Aevo MSTR-PERP	+0.0104%	1h	167.86	−0.096%	$139	—	10x	as long as short
Bybit MSTRUSDT	+0.0175%	8h	168.12	+0.060%	$16.1M	$39.4M	50x	as long as short
tradeXYZ xyz:MSTR	+0.0225%	1h	167.90	−0.071%	$56.7M	$36.0M	10x	as long as short
Injective MSTR/USDC PERP	+0.0235%	1h	169.34	+0.786%	$8K	$26K	30x	as long as short
Phoenix MSTR	+0.0259%	1h	168.22	+0.119%	$56K	$384K	10x	as long as short
RISEx MSTR/USDC	+0.0349%	1h	167.99	−0.018%	$274K	$433K	10x	as long as short
edgeX MSTRUSDC	+0.0582%	4h	168.03	+0.007%	$46K	$5.5M	10x	as long as short
Deribit MSTR_USDC-PERPETUAL	+0.1062%	1h	167.93	−0.054%	$286K	$438K	10x	as long as short