Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 128.55 | −0.0023 | get 0.0003% / 1h | 18m 03s | $1.4M | $833K | 20x | Long QFEX37% off | |
| SHORT | 128.74 | +0.0114 | get 0.0114% / 8h | 18m 03s | $31.5M | $52.5M | 50x | Short Bitget |
Price gap+0.144%
Funding gap+0.0137% /8h
Funding trade: +$4 a day on $10k at the current rate, before costs. The price gap is at its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$33+0.0137% /8h now · paid +0.329% over the last 7D
Price−$1spread +0.144% now, avg +0.156% → −0.012% if it goes back
Costs−$540.538% of $10k · taker + slippage, in and out
Result−$22−0.22%no points
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.144%
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
/8hMSTR on 41 exchanges
lowest funding firstBefore you open
0 ok · 4 to watch- Watch: Thin at this size21.0 / 8.3 bpAt $10k entering QFEX costs 21.0 bp, fee and slippage, 2.5× Bitget’s.
- Note: Margin at max leverage$500 + $200QFEX 20x, Bitget 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$4.12Long QFEX: 24 payments, +$0.70; short Bitget: 3 payments, +$3.42.
- Note: Gap at its usual level+0.144% vs +0.156%The price leg adds little either way.
- Watch: Long leg is thinner$1.4M vs $31.5M OIQFEX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCQFEX No · Bitget YesKYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0157%/8h × 21 periods+$32.95
Price spread+0.144% → +0.156% (7d avg)−$1.16
Slippage, 4 orderslive order books−$21.78
Fee QFEX bp × 2 orders−$20.00
Fee Bitget bp × 2 orders−$12.00
Net · 7 days · $10k−$22.00
Costs to cover0.538%Break-even11.7 days
Slippage: QFEX: live order book, 9 min ago; Bitget: live order book, 6 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGQFEX3.5021.0 bp−$2123.3 bp−$23324.2 bp−$2,41929.1 bp−$14.5K
SELL · SHORTBitget0.788.3 bp−$814.7 bp−$14760.7 bp−$6,067123.0 bp−$61.5K
Closing costs about the same again.
MSTR news
posts that mention MSTR or Strategy (MicroStrategy), from every exchange| 11-09 05:31 | HTX | Other | A New Era of U.S. Stock Trading Begins on HTX. 20 tokenized U.S. stocks and ETFs are coming to HTX, including $NVDA, $TSLA, $SPCX, $CRCL, $MSTR, and more. USDT spot trading pairs will roll out progressively. Launch Schedule | Nov 9 (UTC+8) 16:00 — Deposits Open 17:00 — $SPCX/USDT Trading Opens 18:00 — $CRCL/USDT Trading Opens Your Gateway to U.S. Stocks. HTX. @HTX_Global on X ↗ |
| 11-06 03:48 | BingX | Other | A $21B Bitcoin gain, yet $MSTR couldn't escape the selloff 👀 Strategy reported strong Q3 earnings driven by BTC gains, but a broader crypto market shock weighed on the stock. What's next for $MSTR? Read the full breakdown now👇 @BingXOfficial on X ↗ |
| 11-04 19:06 | Ondo Perps | Other | Eligible perps markets for the Liquidity Pool: ▸ Stocks: NVDA, TSLA, META, AMD, INTC, MU, SNDK, COIN, MSTR, CRCL, SPCX ▸ Indices: US 500, US 100 ▸ ETFs: DRAM, SOXL ▸ Commodities: Gold, Silver, WTI ▸ Crypto: BTC, ETH Rewards are paid in USDC directly to your trading account within 48 hours of each week’s close. Trade Now → @OndoPerps on X ↗ |
| 11-03 11:10 | Bulk | Other | STOCK SZN CONTINUES Trade $NVDA, $CRCL and $MSTR up to 10x leverage! >Fees are 55% off on all RWAs >This weeks gauntlet is stock szn >You get to tell your parents your an equities investor What are you waiting for? @bulktrade on X ↗ |
| 11-01 12:46 | Bulk | Listing | new market MSTR-USD ($MSTR) seen by our collector |
| 10-29 14:50 | Phoenix | Other | Five Phoenix-listed equities report after the close today. $SNDK 4:30pm ET. $AMZN, $INTC, $MSTR and $COIN 5:00pm ET. Trade them 24/7 on Phoenix. @PhoenixTrade on X ↗ |

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