MSTR

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0071%/8h= −7.8% APRnext payment −$0.71 per $10,000 · paid last 24h +0.005%

Price spread now: Gate against Paradex−0.030%7-day average — · you buy dearer than you sell

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

Long on Paradex Short on Gate

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 against this trade now: funding costs −$2 a day on $10k at the current rate, and Gate is 0.030% cheaper against Paradex than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex MSTR-USD-PERP	169.07	0.0071	pay 0.0071% / 8h	1h 34m	$68	—	5x
Short	Gate MSTR_USDT	169.02	0	get 0.0000% / 8h	1h 34m	$4.8M	$19.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Paradex. 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 ParadexbpFee GatebpOrdersPrice spread, now −0.030%Rate

Funding earned: −$15
Price spread: −0.030% → 0.000%: −$2.98
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$36.98
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; Gate: live order book, 5 min ago. 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 Paradex no order-book sample	—	—	—	—	—
Sell Gate live order book, 5 min ago	1.48 bp	12.1 bp −$12	37.4 bp −$374	doesn't fit	doesn't fit

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
Nado MSTR-PERP	−0.0112%	1h	168.91	−0.096%	$139K	$97K	3x	as long as short
BloFin MSTR-USDT	−0.0028%	8h	169.08	+0.006%	$1.1M	$1.8M	20x	as long as short
Aster MSTRUSDT	0.0000%	8h	169.08	+0.004%	$1.2M	$6.2M	50x	as long as short
Binance MSTRUSDT	0.0000%	8h	169.04	−0.018%	$88.3M	$628.9M	50x	as long as short
OKX MSTR-USDT-SWAP	0.0000%	8h	169.06	−0.006%	$22.0M	$106.8M	50x	as long as short
RISEx MSTR/USDC	0.0000%	1h	169.05	−0.010%	$275K	$446K	10x	as long as short
Gate MSTR_USDTshort	0.0000%	8h	169.02	−0.030%	$4.8M	$19.4M	50x
Variational Omni MSTR	0.0000%	8h	169.07	−0.003%	$1.2M	$2.4M	—	as long as short
GRVT MSTR_USDT_Perp	0.0000%	8h	169.23	+0.095%	$74K	$925K	10x	as long as short
Phemex MSTRUSDT	0.0000%	4h	169.13	+0.035%	$2.9M	$61K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter MSTR	+0.0032%	1h	168.97	−0.059%	$3.6M	$2.5M	10x	as long as short
Extended MSTR_24_5-USD	+0.0032%	1h	168.96	−0.066%	$585K	$1.8M	10x	as long as short
Bitget MSTRUSDT	+0.0033%	8h	169.02	−0.030%	$28.9M	$119.7M	25x	as long as short
QFEX MSTR-USD	+0.0042%	1h	169.07	0.000%	$1.5M	$10.2M	10x	as long as short
Vest MSTR-USD-PERP	+0.0046%	1h	169.11	+0.023%	—	$2.1M	25x	as long as short
Polymarket Perps MSTR-USD	+0.0050%	1h	168.98	−0.053%	$402K	$2.6M	10x	as long as short
SoDEX MSTR-USD	+0.0050%	1h	169.03	−0.024%	$44K	$3K	10x	as long as short
Ondo Perps MSTR-USD.P	+0.0050%	1h	169.02	−0.030%	$740K	$5.2M	10x	as long as short
tradeXYZ xyz:MSTR	+0.0052%	1h	168.96	−0.065%	$56.9M	$37.9M	10x	as long as short
Coinbase International MSTR-PERP-INTX	+0.0056%	1h	168.93	−0.083%	$1.5M	$1.2M	10x	as long as short
Bybit MSTRUSDT	+0.0058%	8h	169.00	−0.042%	$15.2M	$40.8M	50x	as long as short
Paradex MSTR-USD-PERPlong	+0.0071%	8h	169.07	long leg	$68	—	5x
Pacifica MSTR	+0.0100%	1h	169.10	+0.017%	$103K	$114K	10x	as long as short
KuCoin MSTRUSDTM	+0.0100%	8h	169.01	−0.036%	$2.6M	$2.8M	20x	as long as short
ApeX Omni MSTRUSDT	+0.0100%	1h	169.32	+0.148%	$4K	$552K	50x	as long as short
Orderly PERP_MSTR_USDC_mythos	+0.0100%	8h	169.02	−0.030%	$3K	$12K	10x	as long as short
Aevo MSTR-PERP	+0.0104%	1h	169.02	−0.030%	$140	—	10x	as long as short
Deribit MSTR_USDC-PERPETUAL	+0.0223%	1h	169.11	+0.023%	$287K	$439K	10x	as long as short
Phoenix MSTR	+0.0231%	1h	169.22	+0.088%	$57K	$394K	10x	as long as short
Injective MSTR/USDC PERP	+0.0333%	1h	169.29	+0.130%	$13K	$22K	30x	as long as short
Arcus MSTR-USD	+0.0457%	1h	169.07	0.000%	$27K	$129K	10x	as long as short
edgeX MSTRUSDC	+0.0995%	4h	169.24	+0.098%	$48K	$5.4M	10x	as long as short