MSTR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0069%/8h= +7.6% APRnext payment +$0.69 per $10,000 · paid last 24h −0.028%

Price spread now: Paradex against Binance−0.006%7-day average — · you buy dearer than you sell

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

Long on Binance Short on Paradex

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: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance MSTRUSDT	168.79	0.0023	pay 0.0023% / 8h	7h 24m	$88.8M	$614.3M	50x
Short	Paradex MSTR-USD-PERP	168.78	0.0092	get 0.0092% / 8h	7h 24m	$68	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Binance. 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 BinancebpFee ParadexbpOrdersPrice spread, now −0.006%Rate

Funding earned: $14.57
Price spread: −0.006% → 0.000%: −$0.58
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$0.01
Costs to cover: 0.140%
Break-even: 7.0 days

Slippage unknown: Binance: live order book, 5 min ago; Paradex: 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 Binance live order book, 5 min ago	0.30 bp	6.2 bp −$6	9.7 bp −$97	25.1 bp −$2,506	125.3 bp −$62.7K
Sell Paradex no order-book sample	—	—	—	—	—

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	−0.0033%	1h	168.72	−0.037%	$139K	$84K	3x	as long as short
Aster MSTRUSDT	0.0000%	8h	168.84	+0.030%	$1.2M	$6.1M	50x	as long as short
OKX MSTR-USDT-SWAP	0.0000%	8h	168.72	−0.039%	$21.7M	$100.8M	50x	as long as short
Gate MSTR_USDT	0.0000%	8h	168.76	−0.016%	$4.7M	$18.9M	50x	as long as short
Bitget MSTRUSDT	0.0000%	8h	168.77	−0.010%	$28.2M	$113.5M	25x	as long as short
Variational Omni MSTR	0.0000%	8h	168.83	+0.024%	$1.2M	$2.1M	—	as long as short
GRVT MSTR_USDT_Perp	0.0000%	8h	168.67	−0.069%	$85K	$825K	10x	as long as short
Phemex MSTRUSDT	0.0000%	4h	168.77	−0.010%	$2.8M	$67K	10x	as long as short
Binance MSTRUSDTlong	+0.0023%	8h	168.79	long leg	$88.8M	$614.3M	50x
Lighter MSTR	+0.0032%	1h	168.67	−0.069%	$3.6M	$2.0M	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended MSTR_24_5-USD	+0.0032%	1h	168.66	−0.075%	$579K	$1.8M	10x	as long as short
Bybit MSTRUSDT	+0.0035%	8h	168.85	+0.038%	$15.1M	$39.0M	50x	as long as short
QFEX MSTR-USD	+0.0035%	1h	168.73	−0.033%	$1.4M	$9.1M	10x	as long as short
Arcus MSTR-USD	+0.0040%	1h	168.83	+0.026%	$27K	$117K	10x	as long as short
Vest MSTR-USD-PERP	+0.0046%	1h	168.83	+0.026%	—	$1.7M	25x	as long as short
BloFin MSTR-USDT	+0.0047%	8h	168.89	+0.061%	$1.1M	$1.9M	20x	as long as short
Polymarket Perps MSTR-USD	+0.0050%	1h	168.75	−0.022%	$396K	$2.7M	10x	as long as short
SoDEX MSTR-USD	+0.0050%	1h	168.69	−0.057%	$44K	$3K	10x	as long as short
Ondo Perps MSTR-USD.P	+0.0050%	1h	168.44	−0.205%	$736K	$4.9M	10x	as long as short
Coinbase International MSTR-PERP-INTX	+0.0088%	1h	168.46	−0.193%	$1.4M	$1.1M	10x	as long as short
Paradex MSTR-USD-PERPshort	+0.0092%	8h	168.78	−0.006%	$68	—	5x
Pacifica MSTR	+0.0100%	1h	168.80	+0.006%	$105K	$85K	10x	as long as short
KuCoin MSTRUSDTM	+0.0100%	8h	168.70	−0.051%	$2.5M	$2.7M	20x	as long as short
ApeX Omni MSTRUSDT	+0.0100%	1h	168.68	−0.063%	$4K	$204K	50x	as long as short
Orderly PERP_MSTR_USDC_mythos	+0.0100%	8h	168.81	+0.014%	$3K	$8K	10x	as long as short
Aevo MSTR-PERP	+0.0104%	1h	168.80	+0.006%	$140	—	10x	as long as short
edgeX MSTRUSDC	+0.0166%	4h	168.67	−0.067%	$47K	$5.5M	10x	as long as short
tradeXYZ xyz:MSTR	+0.0205%	1h	168.73	−0.033%	$56.9M	$35.2M	10x	as long as short
Injective MSTR/USDC PERP	+0.0235%	1h	169.34	+0.328%	$8K	$26K	30x	as long as short
Phoenix MSTR	+0.0259%	1h	168.64	−0.089%	$56K	$384K	10x	as long as short
RISEx MSTR/USDC	+0.0349%	1h	168.83	+0.028%	$275K	$433K	10x	as long as short
Deribit MSTR_USDC-PERPETUAL	+0.0461%	1h	168.82	+0.020%	$287K	$438K	10x	as long as short