MSTR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0256%/8h= +28.0% APRnext payment +$2.56 per $10,000 · paid last 24h −0.004%

Price spread now: Paradex against Gate−0.122%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 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

Funding pays, the price is against you. Paradex is 0.122% cheaper against Gate than usual: you would sell low and buy high (spread −0.122% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 38 hours of funding at the current rate (+$8 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate MSTR_USDT	167.10	−0.0148	get 0.0148% / 8h	7h 08m	$4.7M	$19.1M	50x
Short	Paradex MSTR-USD-PERP	166.90	0.0108	get 0.0108% / 8h	7h 08m	$67	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now −0.122%Rate

Funding earned: $53.7
Price spread: −0.122% → 0.000%: −$12.19
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Paradex: 2 bp × 2 orders: −$4
Net: $22.5
Costs to cover: 0.190%
Break-even: 4.1 days

Slippage unknown: Gate: live order book, 5 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 Gate live order book, 5 min ago	2.98 bp	14.3 bp −$14	43.0 bp −$430	doesn't fit	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
Gate MSTR_USDTlong	−0.0148%	8h	167.10	long leg	$4.7M	$19.1M	50x
BloFin MSTR-USDT	−0.0021%	8h	167.25	+0.090%	$1.1M	$1.9M	20x	as long as short
Aster MSTRUSDT	0.0000%	8h	167.07	−0.016%	$1.2M	$6.1M	50x	as long as short
OKX MSTR-USDT-SWAP	0.0000%	8h	166.85	−0.150%	$21.5M	$99.5M	50x	as long as short
Bitget MSTRUSDT	0.0000%	8h	167.06	−0.024%	$27.9M	$113.7M	25x	as long as short
Variational Omni MSTR	0.0000%	8h	167.37	+0.160%	$1.2M	$2.0M	—	as long as short
GRVT MSTR_USDT_Perp	0.0000%	8h	167.52	+0.251%	$84K	$812K	10x	as long as short
Phemex MSTRUSDT	0.0000%	4h	167.48	+0.227%	$2.8M	$67K	10x	as long as short
Binance MSTRUSDT	+0.0005%	8h	166.97	−0.076%	$87.8M	$613.3M	50x	as long as short
Lighter MSTR	+0.0032%	1h	166.82	−0.168%	$3.5M	$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	166.91	−0.111%	$575K	$1.8M	10x	as long as short
Nado MSTR-PERP	+0.0033%	1h	167.26	+0.095%	$136K	$128K	3x	as long as short
QFEX MSTR-USD	+0.0035%	1h	167.55	+0.269%	$1.4M	$8.6M	10x	as long as short
Arcus MSTR-USD	+0.0040%	1h	167.47	+0.221%	$27K	$115K	10x	as long as short
Vest MSTR-USD-PERP	+0.0046%	1h	167.20	+0.060%	—	$1.7M	25x	as long as short
Polymarket Perps MSTR-USD	+0.0050%	1h	167.31	+0.126%	$392K	$2.7M	10x	as long as short
SoDEX MSTR-USD	+0.0050%	1h	167.22	+0.072%	$44K	$3K	10x	as long as short
Ondo Perps MSTR-USD.P	+0.0050%	1h	166.91	−0.114%	$763K	$4.8M	10x	as long as short
Coinbase International MSTR-PERP-INTX	+0.0088%	1h	168.06	+0.575%	$1.4M	$1.1M	10x	as long as short
Pacifica MSTR	+0.0100%	1h	166.93	−0.100%	$103K	$84K	10x	as long as short
KuCoin MSTRUSDTM	+0.0100%	8h	167.03	−0.042%	$2.5M	$2.7M	20x	as long as short
ApeX Omni MSTRUSDT	+0.0100%	1h	167.30	+0.120%	$4K	$204K	50x	as long as short
Orderly PERP_MSTR_USDC_mythos	+0.0100%	8h	167.23	+0.078%	$3K	$7K	10x	as long as short
Aevo MSTR-PERP	+0.0104%	1h	167.19	+0.056%	$139	—	10x	as long as short
Paradex MSTR-USD-PERPshort	+0.0108%	8h	166.90	−0.122%	$67	—	5x
edgeX MSTRUSDC	+0.0115%	4h	167.38	+0.166%	$44K	$5.4M	10x	as long as short
Injective MSTR/USDC PERP	+0.0235%	1h	169.34	+1.341%	$8K	$26K	30x	as long as short
Bybit MSTRUSDT	+0.0236%	8h	166.94	−0.096%	$15.9M	$39.5M	50x	as long as short
tradeXYZ xyz:MSTR	+0.0238%	1h	166.99	−0.066%	$56.5M	$35.8M	10x	as long as short
Phoenix MSTR	+0.0259%	1h	167.42	+0.192%	$56K	$384K	10x	as long as short
RISEx MSTR/USDC	+0.0349%	1h	166.88	−0.130%	$272K	$433K	10x	as long as short
Deribit MSTR_USDC-PERPETUAL	+0.0887%	1h	167.28	+0.108%	$284K	$438K	10x	as long as short