MSTR

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	QFEXMSTR-USD	156.75	+0.0012	pay 0.0002% / 1h	42m 05s	$1.5M	$2.4M	10x	Long QFEX
SHORT	BingXNCSKMSTR2USD-USDT	156.69	+0.0199	get 0.0199% / 8h	4h 42m	$911K	$9.6M	—	Short BingX

Price gap−0.038%

Funding gap+0.0187% /8h

Funding pays +$6 a day on $10k, but the gap is 0.069% under its 7d average: −$7 if it goes back, about 29 hours of funding.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$74+0.0187% /8h now · paid +0.737% over the last 7D

Price−$7spread −0.038% now, avg +0.031% → −0.069% if it goes back

Costs−$400.401% of $10k · taker + slippage, in and out

Result+$27+0.27%no pointsWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · loading 5m…

Price spread

Prices

Fundingper 8h

P&L

PRICE SPREAD · 7D

Now−0.038%

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 35 exchanges

lowest funding first

Before you open

1 ok · 4 to watch

OK: Fits both order books12.2 / 7.1 bp
Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
Note: Margin at max leverage$1,000 + —
QFEX 10x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ1h / 8h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: +$5.61Long QFEX: 24 payments, −$0.36; short BingX: 3 payments, +$5.97.
Watch: Gap narrower than usual−0.038% vs +0.031%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Short leg is thinner$911K vs $1.5M OI
BingX sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCQFEX No · BingX Yes
Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0351%/8h × 21 periods+$73.67

Price spread−0.038% → +0.031% (7d avg)−$6.88

Slippage, 4 orderslive order books−$10.09

Fee QFEX bp × 2 orders−$20.00

Fee BingX bp × 2 orders−$10.00

Net · 7 days · $10k+$26.70

Costs to cover0.401%Break-even4.5 days

Slippage: QFEX: live order book, 5 min ago; BingX: live order book, 5 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGQFEX2.2312.2 bp−$1212.3 bp−$12318.6 bp−$1,865doesn’t fit

SELL · SHORTBingX1.917.1 bp−$78.8 bp−$8815.6 bp−$1,56464.9 bp−$32.5K

Closing costs about the same again.

MSTR news

posts that mention MSTR or Strategy (MicroStrategy), from every exchangeSearch all news →

09-28 19:52	RISEx	Contest	RISEx did $769.5M last week, up 15% from $669.4M BTC volume alone grew 37%, from $192.6M to $263.8M MSTR just entered our RWA leaderboard for the first time at $10.4M; in the same week, BTC volume surged - not a coincidence at all. What are we trading this week? @risextrade on X ↗
09-25 00:50	Injective	Token	The Injective Stockdrop officially starts next week. Anyone who participated in the $INJ BuyBack yesterday will be eligible to earn a stock token on Robinhood Chain. 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 ↗
09-24 04:00	Gate	Listing	Gate Futures Stocks Section & Forex Zone Initial Listing: $MSTU (2X Long MSTR Daily Target ETF), $OKLO (Oklo Inc.), $USDBRL (USD/BRL) and 9 futures in total. 🔹 Trading Pairs: $MSTU / $USDT, $OKLO / $USDT, $USDBRL / $USDT & 6 more 🔹 Trading Starts: September 24th, 2026 03:00AM (UTC) 🔹 Supports 1 – 20x Leverage, Bots, and Copy Trading 🔹 Gate currently supports trading of 459 stock futures More details: @Gate on X ↗
09-23 11:17	Bitget	Other	If you're already trading $S, $MSTR, $CRCL, $TSLA and other top stocks and commodities, why not check these campaigns to earn rewards too! ⤵️ @bitget on X ↗
09-22 08:29	Bitget	Other	New CandyBomb Alert on #Bitget! 🚨 Trade futures and claim your share of 120 $MSTR in rToken. Details. @bitget on X ↗
09-21 20:49	Backpack	Other	JUST IN: Michael Saylor’s Strategy now has nearly $10 billion in unrealized gains on its Bitcoin holdings as $BTC trades above $87,000. $MSTR +30.14% over the past week @Backpack on X ↗