MSTR

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0013%/8h= +1.4% APRnext payment +$0.13 per $10,000 · paid last 24h −0.058%

Price spread now: Orderly against Paradex−0.008%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 Orderly

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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: $0 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex MSTR-USD-PERP	169.51	0.0087	pay 0.0087% / 8h	2h 10m	$68	—	5x
Short	Orderly PERP_MSTR_USDC_mythos	169.50	0.0100	get 0.0100% / 8h	2h 10m	$3K	$12K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now −0.008%Rate

Funding earned: $2.73
Price spread: −0.008% → 0.000%: −$0.8
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$8.07
Costs to cover: 0.100%
Break-even: 27.7 days

Slippage unknown: Paradex: no order-book sample; Orderly: 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 Paradex no order-book sample	—	—	—	—	—
Sell Orderly no order-book sample	—	—	—	—	—

Paradex and Orderly: 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	−0.0066%	1h	169.52	+0.003%	$140K	$98K	3x	as long as short
Aster MSTRUSDT	0.0000%	8h	169.51	−0.005%	$1.3M	$6.2M	50x	as long as short
Binance MSTRUSDT	0.0000%	8h	169.54	+0.017%	$88.7M	$630.6M	50x	as long as short
OKX MSTR-USDT-SWAP	0.0000%	8h	169.57	+0.033%	$22.1M	$107.5M	50x	as long as short
RISEx MSTR/USDC	0.0000%	1h	169.53	+0.011%	$277K	$446K	10x	as long as short
Gate MSTR_USDT	0.0000%	8h	169.48	−0.020%	$4.8M	$19.7M	50x	as long as short
Variational Omni MSTR	0.0000%	8h	169.48	−0.019%	$1.2M	$2.4M	—	as long as short
GRVT MSTR_USDT_Perp	0.0000%	8h	169.50	−0.009%	$83K	$948K	10x	as long as short
Deribit MSTR_USDC-PERPETUAL	0.0000%	1h	169.52	+0.004%	$288K	$439K	10x	as long as short
Phemex MSTRUSDT	0.0000%	4h	169.44	−0.043%	$2.9M	$58K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin MSTR-USDT	+0.0020%	8h	169.51	−0.002%	$1.1M	$1.8M	20x	as long as short
Lighter MSTR	+0.0032%	1h	169.58	+0.039%	$3.6M	$2.6M	10x	as long as short
Extended MSTR_24_5-USD	+0.0032%	1h	169.47	−0.023%	$588K	$1.9M	10x	as long as short
QFEX MSTR-USD	+0.0039%	1h	169.48	−0.020%	$1.5M	$10.2M	10x	as long as short
Vest MSTR-USD-PERP	+0.0046%	1h	169.71	+0.116%	—	$2.1M	25x	as long as short
Coinbase International MSTR-PERP-INTX	+0.0048%	1h	169.11	−0.238%	$1.5M	$1.2M	10x	as long as short
tradeXYZ xyz:MSTR	+0.0050%	1h	169.50	−0.008%	$56.8M	$38.3M	10x	as long as short
Polymarket Perps MSTR-USD	+0.0050%	1h	169.48	−0.020%	$410K	$2.6M	10x	as long as short
SoDEX MSTR-USD	+0.0050%	1h	169.48	−0.020%	$45K	$3K	10x	as long as short
Ondo Perps MSTR-USD.P	+0.0050%	1h	169.39	−0.073%	$752K	$5.1M	10x	as long as short
Bitget MSTRUSDT	+0.0072%	8h	169.52	+0.004%	$28.8M	$120.0M	25x	as long as short
Paradex MSTR-USD-PERPlong	+0.0087%	8h	169.51	long leg	$68	—	5x
Bybit MSTRUSDT	+0.0091%	8h	169.56	+0.027%	$15.2M	$41.2M	50x	as long as short
Pacifica MSTR	+0.0100%	1h	169.49	−0.012%	$104K	$121K	10x	as long as short
KuCoin MSTRUSDTM	+0.0100%	8h	169.43	−0.049%	$2.6M	$2.8M	20x	as long as short
ApeX Omni MSTRUSDT	+0.0100%	1h	169.53	+0.010%	$4K	$871K	50x	as long as short
Orderly PERP_MSTR_USDC_mythosshort	+0.0100%	8h	169.50	−0.008%	$3K	$12K	10x
Aevo MSTR-PERP	+0.0104%	1h	169.51	−0.002%	$141	—	10x	as long as short
Phoenix MSTR	+0.0184%	1h	169.66	+0.088%	$57K	$396K	10x	as long as short
Arcus MSTR-USD	+0.0432%	1h	169.63	+0.069%	$27K	$134K	10x	as long as short
Injective MSTR/USDC PERP	+0.0440%	1h	169.61	+0.057%	$13K	$22K	30x	as long as short
edgeX MSTRUSDC	+0.0743%	4h	169.62	+0.062%	$48K	$5.5M	10x	as long as short