Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG145.33+0.0036pay 0.0036% / 8h4h 55m$13.7M$3.2M100xLong MEXC
SHORT146.81+0.0046get 0.0006% / 1h55m 29s$134K—25xShort Vest Markets+5% pts
Price gap+1.018%
Funding gap+0.0010% /8h

Both sides work: funding pays $0 a day on $10k, and the gap is 0.803% above its 7d average: +$80 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$3+0.0010% /8h now · paid −0.028% over the last 7D
Price+$80spread +1.018% now, avg +0.216% → +0.803% if it goes back
Costsno datano order book for Vest Markets
Result, before costs+$78+0.78%+ Points / potential airdropVest Markets: points · farm boardcosts unknown: no order book for Vest Markets · What the last 7D really paid, hour by hour → backtest

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+1.018%
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

2 ok · 3 to watch
  • Note: Order book unknown—
    No order-book sample for Vest Markets: its slippage is not counted.
  • Note: Margin at max leverage$100 + $400
    MEXC 100x, Vest Markets 25x. 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: +$0.29Long MEXC: 3 payments, −$1.08; short Vest Markets: 24 payments, +$1.37.
  • OK: Entry gap works for you+1.018% vs +0.216%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Short leg is thinner$134K vs $13.7M OI
    Vest Markets sets your exit cost. Check its book before closing.
  • OK: Points on a legVest Markets points
    Volume here counts toward the points program.
  • Watch: KYCMEXC Yes · Vest Markets No
    KYC before trading since Feb 2026; unverified accounts see market data only.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0013%/8h × 21 periods−$2.76
Price spread+1.018% → +0.216% (7d avg)+$80.28
Slippage, 4 ordersno data for Vest Markets—
Fee MEXC bp × 2 orders−$4.00
Fee Vest Markets bp × 2 orders−$2.00
Net, fees only · 7 days · $10k+$71.52
Costs to cover0.060%Break-evenfrom the start
Slippage: MEXC: live order book, 2 min ago; Vest Markets: no order-book sample

Cost to enter

taker + slippage from mid, one side
BUY · LONGMEXC0.342.3 bp−$22.6 bp−$265.8 bp−$57814.7 bp−$7,333
SELL · SHORTVest Markets—————

Closing costs about the same again.
Vest Markets: no data.

Alert

MSTR news

posts that mention MSTR or Strategy (MicroStrategy), from every exchangeSearch all news →
10-23 16:53BackpackOtherEarnings & macro to watch for Oct 26–30 ▸ Macro: Fed decision, GDP, PCE ▸ Tech & AI: $GOOGL $MSFT $AMZN $INTC $SKHY $SNDK $VRT ▸ Crypto & finance: $HOOD $COIN $SOFI $V $MSTR ▸ Healthcare: $LLY $ABBV ▸ Energy: $XOM $CVX Full market calendar → @Backpack on X ↗
10-23 08:04ReyaListing$CRCL $HOOD $MSTR perps are live on Reya. The stablecoin issuer, the broker, and the one people bought because they couldn't buy bitcoin. Now all three trade next to our bitcoin perp. 24/7. 16 RWA perps and counting. Climb the waitlist to get inside. @reya_xyz on X ↗
10-22 22:57InjectiveTokenThe second-ever Injective Stockdrop kicks off next week. Anyone who participated in the $INJ BuyBack yesterday has a chance to earn a tokenized stock on Solana. Here are just a few of the tokenized stocks that you could get: $AMC $SNAP $GLXY $HIMS $SMCI $RKLB $CRCL $INTC $MSTR $SPCX $COIN $NVDA $AAPL $TSLA $META $MU $SNDK More ▇▇▇▇ and ▇▇ @injective on X ↗
10-20 16:51PhemexOtherMSTR has not been removed from MSCI indexes. The rule has changed; the final list is still pending. November 11 is the date to watch. If MSTR is removed, index funds may adjust their stock holdings—not force Strategy to sell BTC. Which matters more to you: index flows or the Bitcoin thesis? 🧐 Read the full analysis: @Phemex_official on X ↗
10-20 15:03Vest MarketsOtherTrade $MSTR volatility with a Vest Capital funded account and access up to $25k in trading capital at: @VestExchange on X ↗
10-20 15:03Vest MarketsTokenStrategy is up around 7% on today's session, with $MSTR recovering part of Friday's ~10% slide. Last week's filing showed 267 $BTC added for $22.1M, lifting holdings to 848,517 coins, and the preferred buyback authorization raised to $3B from $2B. The same week put $193M into preferred repurchases, nearly nine times what went into new coins. @VestExchange on X ↗