MSTR

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	HTXMSTRX-USDT	144.72	0	0.0000% / 8h	3h 14m	$355K	$76K	50x	Long HTX
SHORT	Ondo PerpsMSTR-USD.P	144.55	+0.0050	get 0.0006% / 1h	14m 02s	$570K	$5.0M	10x	Short Ondo Perps5% off

Price gap−0.117%

Funding gap+0.0050% /8h

Both sides work: funding pays +$2 a day on $10k, and the gap is 0.104% above its 7d average: +$10 more if it goes back.

If you open now and hold

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

Funding−$4+0.0050% /8h now · paid −0.041% over the last 7D

Price+$10spread −0.117% now, avg −0.221% → +0.104% if it goes back

Costs−$300.300% of $10k · taker + slippage, in and out

Result−$24−0.24%+ Points / potential airdropOndo Perps: points · farm boardWhat the last 7D really paid, hour by hour → backtest

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−0.117%

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 · 3 to watch

OK: Fits both order books9.8 / 5.6 bp
Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
Note: Margin at max leverage$200 + $1,000
HTX 50x, Ondo Perps 10x. 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: +$1.51Long HTX: 3 payments, $0.00; short Ondo Perps: 24 payments, +$1.51.
OK: Entry gap works for you−0.117% vs −0.221%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Long leg is thinner$355K vs $570K OI
HTX sets your exit cost. Check its book before closing.
OK: Points on a legOndo Perps points
Volume here counts toward the points program.
Watch: KYCHTX Limited · Ondo Perps No
No ID for accounts opened since 2026-03-30: futures up to 5x and no API trading; more leverage and the API need level-2 KYC.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0020%/8h × 21 periods−$4.10

Price spread−0.117% → −0.221% (7d avg)+$10.35

Slippage, 4 orderslive order books−$13.04

Fee HTX bp × 2 orders−$12.00

Fee Ondo Perps bp × 2 orders−$5.00

Net · 7 days · $10k−$23.79

Costs to cover0.300%Break-evennever at this rate

Slippage: HTX: live order book, 23 min ago; Ondo Perps: live order book, 3 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGHTX3.099.8 bp−$1011.8 bp−$118doesn’t fitdoesn’t fit

SELL · SHORTOndo Perps2.425.6 bp−$616.1 bp−$16119.4 bp−$1,941doesn’t fit

Closing costs about the same again.

MSTR news

posts that mention MSTR or Strategy (MicroStrategy), from every exchangeSearch all news →

10-28 17:38	QFEX	Other	Max leverage is increased to 20x across the following markets on QFEX $SNDK, $GOOGL, $NVDA, $MU, $SKHY, $INTC, $NBIS, $CRCL, $CBRS, $META, $TSLA, $MRVL, $AAPL, $AMZN, $MSFT, $MSTR and $ANTHROPIC. @QFEX on X ↗
10-28 14:43	RISEx	Other	Post-FOMC now, then GPB and PCE tomorrow Happy trading: $HOOD: $GOOGL: $SNDK: $INTC: $MSTR: @risextrade on X ↗
10-28 14:43	RISEx	Points	Print Week on RISEx. $HOOD has reported $GOOGL reports tonight $SNDK, $INTC and $MSTR report tomorrow Whatever your read is, trade all five with a 20% points boost through 04th November @risextrade on X ↗
10-28 10:00	GMX	Other	Big tech earnings week: Oct 28: $MSFT, $GOOGL after the close, hours after the Fed decision Oct 29: $AMZN, $MSTR after the close Nov 2: $AAPL, John Ternus’ first call as CEO Watch cloud growth, AI spend, and holiday guidance. All five trade as Solana perps. @GMX_IO on X ↗
10-27 21:16	BingX	Other	Earnings season is heating up for $HOOD and $MSTR 🏦 See what could drive their next moves 👇 @BingXOfficial on X ↗
10-27 15:08	tradeXYZ	Other	Earnings this week on TradeXYZ: Tue 10/27: Robinhood (HOOD), SK hynix (SKHX, SKHY) Wed 10/28: Microsoft (MSFT), Alphabet (GOOGL), ServiceNow (NOW), GE Vernova (GEV), United Microelectronic Corp (UMC), eBay (EBAY) Thu 10/29: Eli Lilly (LLY), Samsung (SAMSUNG), Amazon (AMZN), Intel (INTC), Sandisk (SNDK), Coinbase (COIN), Strategy (MSTR), Reddit (RDDT), Rivian (RIVN) Fri 10/30: Chevron (CVX), Kioxia (KIOXIA) @tradexyz on X ↗