MSTR

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	Variational OmniMSTR	156.62	0	0.0000% / 8h	4h 46m	$1.4M	$2.2M	20x	Long Variational Omni+15% pts
SHORT	BingXNCSKMSTR2USD-USDT	156.94	+0.0198	get 0.0198% / 8h	4h 46m	$911K	$9.6M	—	Short BingX

Price gap+0.205%

Funding gap+0.0198% /8h

Both sides work: funding pays +$6 a day on $10k, and the gap is 0.169% above its 7d average: +$17 more if it goes back.

If you open now and hold

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

Funding+$61+0.0198% /8h now · paid +0.615% over the last 7D

Price+$17spread +0.205% now, avg +0.036% → +0.169% if it goes back

Costs−$350.349% of $10k · taker + slippage, in and out

Result+$43+0.43%+ Points / potential airdropVariational Omni: points · farm boardWhat 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+0.205%

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

4 ok · 2 to watch

OK: Fits both order books7.9 / 9.5 bp
Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
Note: Margin at max leverage$500 + —
Variational Omni 20x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval8h / 8h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: +$5.94Long Variational Omni: 3 payments, $0.00; short BingX: 3 payments, +$5.94.
OK: Entry gap works for you+0.205% vs +0.036%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Short leg is thinner$911K vs $1.4M OI
BingX sets your exit cost. Check its book before closing.
OK: Points on a legVariational Omni points
Volume here counts toward the points program.
Watch: KYCVariational Omni 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+0.0293%/8h × 21 periods+$61.50

Price spread+0.205% → +0.036% (7d avg)+$16.89

Slippage, 4 orderslive order books−$24.94

Fee Variational Omni bp × 2 orders$0.00

Fee BingX bp × 2 orders−$10.00

Net · 7 days · $10k+$43.46

Costs to cover0.349%Break-even2.1 days

Slippage: Variational Omni: RFQ quote, 1 min ago; BingX: live order book, 15 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGVariational Omni3.007.9 bp−$812.7 bp−$127doesn’t fitdoesn’t fit

SELL · SHORTBingX4.459.5 bp−$911.2 bp−$11218.2 bp−$1,81570.7 bp−$35.4K

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 ↗