TxFlow Level Up: trade perps and earn up to 300 USDC at $4M volume. Until Nov 2 Join
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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Funding arb · Price arb / RWA

MSTR

RWAAll MSTR markets →
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
OKXMSTR-USDT-SWAP
144.30+0.0036pay 0.0036% / 8h2h 18m$18.5M$49.7M50xLong OKX
SHORT
ReyaMSTRRUSDPERP
144.10+0.0100get 0.0013% / 1h18m 53s$3K$76K6xShort Reya
Price gap−0.139%
Funding gap+0.0064% /8h

Funding pays +$2 a day on $10k, but the gap is 0.139% under zero (no 7-day history yet): −$14 if it goes back, about 7.2 days of funding.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$42+0.0064% /8h now · paid −0.423% over the last 7D
Price—spread −0.139% now · no price history on both exchanges yet
Costsno datano order book for Reya
Result, before costs—+ Points / potential airdropReya: points · farm boardneeds both price histories

Price and funding

1h · history
PRICE SPREAD · 7D
Now−0.139%
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

1 ok · 3 to watch
  • Note: Order book unknown—
    No order-book sample for Reya: its slippage is not counted.
  • Note: Margin at max leverage$200 + $1,667
    OKX 50x, Reya 6x. 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: +$1.93Long OKX: 3 payments, −$1.07; short Reya: 24 payments, +$3.00.
  • Note: No 7-day spread history−0.139%
    The gap cannot be compared with its average yet.
  • Watch: Short leg is thinner$3K vs $18.5M OI
    Reya sets your exit cost. Check its book before closing.
  • OK: Points on a legReya points
    Volume here counts toward the points program.
  • Watch: KYCOKX Yes · Reya No
    Advanced verification before trading, deposits or withdrawals.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0201%/8h × 21 periods−$42.27
Price spread−0.139% → 0−$13.86
Slippage, 4 ordersno data for Reya—
Fee OKX bp × 2 orders−$10.00
Fee Reya bp × 2 orders−$6.00
Net, fees only · 7 days · $10k−$72.13
Costs to cover0.160%Break-evennever at this rate
Slippage: OKX: live order book, 4 min ago; Reya: no order-book sample

Cost to enter

taker + slippage from mid, one side
BUY · LONGOKX0.358.3 bp−$813.1 bp−$13159.1 bp−$5,912doesn’t fit
SELL · SHORTReya—————

Closing costs about the same again.
Reya: no data.

Alert

MSTR news

posts that mention MSTR or Strategy (MicroStrategy), from every exchangeSearch all news →
10-28 17:38QFEXOtherMax 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 14:43RISExOtherPost-FOMC now, then GPB and PCE tomorrow Happy trading: $HOOD: $GOOGL: $SNDK: $INTC: $MSTR: @risextrade on X ↗
10-28 14:43RISExPointsPrint 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 10:00GMXOtherBig 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 21:16BingXOtherEarnings season is heating up for $HOOD and $MSTR 🏦 See what could drive their next moves 👇 @BingXOfficial on X ↗
10-27 15:08tradeXYZOtherEarnings 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 ↗