MSTR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0697%/8h= +76.3% APRnext payment +$6.97 per $10,000 · paid last 24h −0.005%

Price spread now: Orderly against Bitget−0.073%7-day average — · you buy dearer than you sell

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

Long on Bitget Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Orderly is 0.073% cheaper against Bitget than usual: you would sell low and buy high (spread −0.073% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 8 hours of funding at the current rate (+$21 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget MSTRUSDT	163.60	−0.0597	get 0.0597% / 8h	1h 01m	$29.1M	$118.8M	25x
Short	Orderly PERP_MSTR_USDC_mythos	163.48	0.0100	get 0.0100% / 8h	1h 01m	$2K	$13K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Bitget. 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 BitgetbpFee OrderlybpOrdersPrice spread, now −0.073%Rate

Funding earned: $146.37
Price spread: −0.073% → 0.000%: −$7.33
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Orderly: 3 bp × 2 orders: −$6
Net: $121.04
Costs to cover: 0.180%
Break-even: 1.2 days

Slippage unknown: Bitget: live order book, 2 min ago; 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 Bitget live order book, 2 min ago	0.61 bp	8.9 bp −$9	14.2 bp −$142	21.7 bp −$2,172	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

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
Bitget MSTRUSDTlong	−0.0597%	8h	163.60	long leg	$29.1M	$118.8M	25x
Gate MSTR_USDT	0.0000%	8h	163.52	−0.049%	$4.7M	$19.7M	50x	as long as short
Phemex MSTRUSDT	0.0000%	4h	163.48	−0.073%	$2.8M	$80K	10x	as long as short
Extended MSTR_24_5-USD	+0.0032%	1h	163.20	−0.244%	$507K	$2.0M	10x	as long as short
Injective MSTR/USDC PERP	+0.0033%	1h	169.34	+3.509%	$8K	$26K	30x	as long as short
Arcus MSTR-USD	+0.0040%	1h	163.74	+0.086%	$26K	$113K	10x	as long as short
Vest MSTR-USD-PERP	+0.0046%	1h	163.40	−0.122%	—	$1.8M	25x	as long as short
Polymarket Perps MSTR-USD	+0.0050%	1h	163.42	−0.110%	$378K	$2.7M	10x	as long as short
SoDEX MSTR-USD	+0.0050%	1h	163.46	−0.086%	$43K	$3K	10x	as long as short
Ondo Perps MSTR-USD.P	+0.0050%	1h	163.41	−0.116%	$847K	$3.8M	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX MSTR-USD	+0.0057%	1h	163.45	−0.092%	$1.3M	$7.2M	10x	as long as short
Aster MSTRUSDT	+0.0062%	8h	163.28	−0.197%	$1.8M	$8.7M	50x	as long as short
Pacifica MSTR	+0.0100%	1h	163.44	−0.095%	$100K	$88K	10x	as long as short
KuCoin MSTRUSDTM	+0.0100%	8h	163.38	−0.134%	$2.4M	$2.7M	20x	as long as short
ApeX Omni MSTRUSDT	+0.0100%	1h	163.55	−0.031%	$5K	$182K	50x	as long as short
Orderly PERP_MSTR_USDC_mythosshort	+0.0100%	8h	163.48	−0.073%	$2K	$13K	10x
Aevo MSTR-PERP	+0.0104%	1h	163.48	−0.076%	$136	—	10x	as long as short
Lighter MSTR	+0.0112%	1h	163.37	−0.141%	$3.5M	$2.0M	10x	as long as short
Coinbase International MSTR-PERP-INTX	+0.0152%	1h	161.52	−1.271%	$1.4M	$1.1M	10x	as long as short
Paradex MSTR-USD-PERP	+0.0167%	8h	163.39	−0.126%	$65	—	5x	as long as short
OKX MSTR-USDT-SWAP	+0.0177%	8h	163.48	−0.073%	$20.8M	$100.1M	50x	as long as short
Variational Omni MSTR	+0.0182%	8h	163.75	+0.089%	$1.2M	$2.1M	—	as long as short
tradeXYZ xyz:MSTR	+0.0257%	1h	163.42	−0.110%	$54.0M	$37.8M	10x	as long as short
Binance MSTRUSDT	+0.0258%	8h	163.44	−0.095%	$84.0M	$625.3M	50x	as long as short
GRVT MSTR_USDT_Perp	+0.0271%	8h	163.74	+0.085%	$76K	$865K	10x	as long as short
Phoenix MSTR	+0.0328%	1h	163.78	+0.111%	$56K	$223K	10x	as long as short
Nado MSTR-PERP	+0.0362%	1h	163.34	−0.162%	$130K	$157K	3x	as long as short
BloFin MSTR-USDT	+0.0377%	8h	163.58	−0.012%	$1.0M	$2.1M	20x	as long as short
RISEx MSTR/USDC	+0.0381%	1h	163.49	−0.069%	$266K	$426K	10x	as long as short
Bybit MSTRUSDT	+0.0403%	8h	163.50	−0.061%	$17.1M	$41.8M	50x	as long as short
Deribit MSTR_USDC-PERPETUAL	+0.0914%	1h	163.46	−0.086%	$278K	$437K	10x	as long as short
edgeX MSTRUSDC	+0.0963%	4h	163.78	+0.107%	$46K	$5.4M	10x	as long as short