MSTR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0063%/8h= +6.9% APRnext payment +$0.63 per $10,000 · paid last 24h +0.003%

Price spread now: Paradex against KuCoin+0.064%7-day average — · you sell dearer than you buy

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

Long on KuCoin 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

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Paradex is 0.064% dearer against KuCoin than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin MSTRUSDTM	162.77	0.0100	pay 0.0100% / 8h	1h 28m	$2.4M	$2.7M	20x
Short	Paradex MSTR-USD-PERP	162.87	0.0163	get 0.0163% / 8h	1h 28m	$65	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against KuCoin. 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 KuCoinbpFee ParadexbpOrdersPrice spread, now +0.064%Rate

Funding earned: $13.17
Price spread: +0.064% → 0.000%: $6.44
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Paradex: 2 bp × 2 orders: −$4
Net: $3.61
Costs to cover: 0.160%
Break-even: 5.1 days

Slippage unknown: KuCoin: live order book, 9 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 KuCoin live order book, 9 min ago	2.77 bp	24.1 bp −$24	doesn't fit	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
Bitget MSTRUSDT	−0.0945%	8h	163.13	+0.221%	$28.7M	$118.6M	25x	as long as short
Gate MSTR_USDT	0.0000%	8h	162.97	+0.123%	$4.7M	$19.6M	50x	as long as short
Phemex MSTRUSDT	0.0000%	4h	162.88	+0.068%	$2.7M	$78K	10x	as long as short
Extended MSTR_24_5-USD	+0.0032%	1h	162.72	−0.031%	$508K	$2.0M	10x	as long as short
Injective MSTR/USDC PERP	+0.0033%	1h	169.34	+4.036%	$8K	$26K	30x	as long as short
Aster MSTRUSDT	+0.0034%	8h	162.83	+0.039%	$1.8M	$8.7M	50x	as long as short
Arcus MSTR-USD	+0.0040%	1h	162.86	+0.055%	$26K	$113K	10x	as long as short
Vest MSTR-USD-PERP	+0.0046%	1h	162.56	−0.129%	—	$1.8M	25x	as long as short
Polymarket Perps MSTR-USD	+0.0050%	1h	162.80	+0.018%	$377K	$2.7M	10x	as long as short
SoDEX MSTR-USD	+0.0050%	1h	162.83	+0.037%	$43K	$3K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps MSTR-USD.P	+0.0050%	1h	162.57	−0.123%	$849K	$3.9M	10x	as long as short
QFEX MSTR-USD	+0.0057%	1h	162.87	+0.061%	$1.3M	$7.2M	10x	as long as short
Pacifica MSTR	+0.0100%	1h	162.85	+0.052%	$100K	$83K	10x	as long as short
KuCoin MSTRUSDTMlong	+0.0100%	8h	162.77	long leg	$2.4M	$2.7M	20x
ApeX Omni MSTRUSDT	+0.0100%	1h	162.59	−0.111%	$5K	$182K	50x	as long as short
Orderly PERP_MSTR_USDC_mythos	+0.0100%	8h	162.85	+0.049%	$2K	$13K	10x	as long as short
Aevo MSTR-PERP	+0.0104%	1h	162.85	+0.051%	$135	—	10x	as long as short
OKX MSTR-USDT-SWAP	+0.0149%	8h	162.96	+0.117%	$20.7M	$100.2M	50x	as long as short
Variational Omni MSTR	+0.0151%	8h	162.75	−0.014%	$1.2M	$2.1M	—	as long as short
Lighter MSTR	+0.0152%	1h	162.83	+0.037%	$3.5M	$2.0M	10x	as long as short
Coinbase International MSTR-PERP-INTX	+0.0152%	1h	161.52	−0.768%	$1.4M	$1.1M	10x	as long as short
Paradex MSTR-USD-PERPshort	+0.0163%	8h	162.87	+0.064%	$65	—	5x
Binance MSTRUSDT	+0.0231%	8h	162.87	+0.063%	$83.8M	$627.3M	50x	as long as short
GRVT MSTR_USDT_Perp	+0.0242%	8h	162.87	+0.061%	$77K	$878K	10x	as long as short
tradeXYZ xyz:MSTR	+0.0278%	1h	162.83	+0.037%	$54.0M	$37.4M	10x	as long as short
edgeX MSTRUSDC	+0.0290%	4h	162.68	−0.055%	$45K	$5.4M	10x	as long as short
Phoenix MSTR	+0.0328%	1h	162.77	+0.001%	$55K	$223K	10x	as long as short
BloFin MSTR-USDT	+0.0350%	8h	162.86	+0.055%	$1.0M	$2.1M	20x	as long as short
Nado MSTR-PERP	+0.0352%	1h	162.69	−0.050%	$130K	$157K	3x	as long as short
RISEx MSTR/USDC	+0.0381%	1h	162.90	+0.080%	$264K	$428K	10x	as long as short
Bybit MSTRUSDT	+0.0384%	8h	162.91	+0.086%	$16.8M	$41.8M	50x	as long as short
Deribit MSTR_USDC-PERPETUAL	+0.0979%	1h	162.87	+0.061%	$277K	$437K	10x	as long as short