MSTR

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0030%/8h= +3.2% APRnext payment +$0.30 per $10,000 · paid last 24h +0.073%

Price spread now: Paradex against Bitget−0.037%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 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

Funding pays, the price is against you. Paradex is 0.037% cheaper against Bitget than usual: you would sell low and buy high (spread −0.037% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 4.2 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget MSTRUSDT	169.19	0.0047	pay 0.0047% / 8h	1h 44m	$28.8M	$119.6M	25x
Short	Paradex MSTR-USD-PERP	169.13	0.0077	get 0.0077% / 8h	1h 44m	$68	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now −0.037%Rate

Funding earned: $6.23
Price spread: −0.037% → 0.000%: −$3.71
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$13.49
Costs to cover: 0.160%
Break-even: 22.2 days

Slippage unknown: Bitget: 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 Bitget live order book, 5 min ago	0.30 bp	10.8 bp −$11	14.7 bp −$147	32.7 bp −$3,272	doesn't fit
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	−0.0098%	1h	169.11	−0.049%	$139K	$97K	3x	as long as short
BloFin MSTR-USDT	−0.0012%	8h	169.16	−0.018%	$1.1M	$1.8M	20x	as long as short
Aster MSTRUSDT	0.0000%	8h	169.18	−0.008%	$1.3M	$6.2M	50x	as long as short
Binance MSTRUSDT	0.0000%	8h	169.20	+0.003%	$88.4M	$629.1M	50x	as long as short
OKX MSTR-USDT-SWAP	0.0000%	8h	169.15	−0.024%	$22.1M	$106.8M	50x	as long as short
RISEx MSTR/USDC	0.0000%	1h	169.19	+0.002%	$275K	$446K	10x	as long as short
Gate MSTR_USDT	0.0000%	8h	169.16	−0.018%	$4.8M	$19.3M	50x	as long as short
Variational Omni MSTR	0.0000%	8h	169.03	−0.095%	$1.2M	$2.4M	—	as long as short
GRVT MSTR_USDT_Perp	0.0000%	8h	169.10	−0.053%	$74K	$935K	10x	as long as short
Phemex MSTRUSDT	0.0000%	4h	169.16	−0.018%	$2.9M	$60K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter MSTR	+0.0032%	1h	169.12	−0.041%	$3.6M	$2.5M	10x	as long as short
Extended MSTR_24_5-USD	+0.0032%	1h	169.07	−0.070%	$585K	$1.8M	10x	as long as short
QFEX MSTR-USD	+0.0042%	1h	169.15	−0.024%	$1.5M	$10.2M	10x	as long as short
Vest MSTR-USD-PERP	+0.0046%	1h	169.24	+0.030%	—	$2.1M	25x	as long as short
Bitget MSTRUSDTlong	+0.0047%	8h	169.19	long leg	$28.8M	$119.6M	25x
Polymarket Perps MSTR-USD	+0.0050%	1h	169.13	−0.035%	$401K	$2.6M	10x	as long as short
SoDEX MSTR-USD	+0.0050%	1h	169.12	−0.041%	$44K	$3K	10x	as long as short
Ondo Perps MSTR-USD.P	+0.0050%	1h	168.93	−0.154%	$752K	$5.1M	10x	as long as short
Coinbase International MSTR-PERP-INTX	+0.0056%	1h	168.93	−0.154%	$1.5M	$1.2M	10x	as long as short
Paradex MSTR-USD-PERPshort	+0.0077%	8h	169.13	−0.037%	$68	—	5x
Bybit MSTRUSDT	+0.0077%	8h	169.22	+0.018%	$15.2M	$40.8M	50x	as long as short
tradeXYZ xyz:MSTR	+0.0086%	1h	169.12	−0.041%	$57.0M	$38.0M	10x	as long as short
Pacifica MSTR	+0.0100%	1h	169.14	−0.028%	$103K	$114K	10x	as long as short
KuCoin MSTRUSDTM	+0.0100%	8h	169.05	−0.083%	$2.6M	$2.8M	20x	as long as short
ApeX Omni MSTRUSDT	+0.0100%	1h	169.07	−0.071%	$4K	$632K	50x	as long as short
Orderly PERP_MSTR_USDC_mythos	+0.0100%	8h	169.19	0.000%	$3K	$12K	10x	as long as short
Aevo MSTR-PERP	+0.0104%	1h	169.15	−0.023%	$140	—	10x	as long as short
Phoenix MSTR	+0.0231%	1h	169.00	−0.113%	$57K	$394K	10x	as long as short
Injective MSTR/USDC PERP	+0.0333%	1h	169.25	+0.035%	$13K	$22K	30x	as long as short
Arcus MSTR-USD	+0.0457%	1h	169.21	+0.012%	$27K	$134K	10x	as long as short
Deribit MSTR_USDC-PERPETUAL	+0.0519%	1h	169.23	+0.024%	$288K	$439K	10x	as long as short
edgeX MSTRUSDC	+0.0964%	4h	169.04	−0.087%	$48K	$5.4M	10x	as long as short