MSTR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0044%/8h= +4.9% APRnext payment +$0.44 per $10,000 · paid last 24h +0.003%

Price spread now: Paradex against KuCoin+0.034%7-day average — · you sell dearer than you buy

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

Long on KuCoin 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

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Paradex is 0.034% dearer against KuCoin than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin MSTRUSDTM	164.01	0.0100	pay 0.0100% / 8h	2h 09m	$2.4M	$2.7M	20x
Short	Paradex MSTR-USD-PERP	164.07	0.0144	get 0.0144% / 8h	2h 09m	$66	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against KuCoin. 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 KuCoinbpFee ParadexbpOrdersPrice spread, now +0.034%Rate

Funding earned: $9.34
Price spread: +0.034% → 0.000%: $3.39
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$3.27
Costs to cover: 0.160%
Break-even: 9.5 days

Slippage unknown: KuCoin: live order book, 2 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 KuCoin live order book, 2 min ago	0.31 bp	36.5 bp −$37	doesn't fit	doesn't fit	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
Bitget MSTRUSDT	−0.1181%	8h	164.31	+0.183%	$28.2M	$118.9M	25x	as long as short
Gate MSTR_USDT	0.0000%	8h	164.15	+0.085%	$4.7M	$19.8M	50x	as long as short
Phemex MSTRUSDT	0.0000%	4h	163.93	−0.049%	$2.8M	$78K	10x	as long as short
Aster MSTRUSDT	+0.0015%	8h	164.00	−0.005%	$1.8M	$8.7M	50x	as long as short
Vest MSTR-USD-PERP	+0.0024%	1h	163.89	−0.073%	—	$1.8M	25x	as long as short
Extended MSTR_24_5-USD	+0.0032%	1h	163.97	−0.021%	$506K	$2.0M	10x	as long as short
Injective MSTR/USDC PERP	+0.0033%	1h	169.34	+3.250%	$8K	$26K	30x	as long as short
Arcus MSTR-USD	+0.0040%	1h	163.57	−0.268%	$26K	$113K	10x	as long as short
Polymarket Perps MSTR-USD	+0.0050%	1h	163.98	−0.018%	$378K	$2.7M	10x	as long as short
Ondo Perps MSTR-USD.P	+0.0050%	1h	163.89	−0.073%	$874K	$3.9M	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	+0.0054%	1h	164.00	−0.006%	$1.3M	$7.3M	10x	as long as short
RISEx MSTR/USDC	+0.0088%	1h	164.06	+0.027%	$264K	$444K	10x	as long as short
Pacifica MSTR	+0.0100%	1h	164.10	+0.054%	$101K	$83K	10x	as long as short
KuCoin MSTRUSDTMlong	+0.0100%	8h	164.01	long leg	$2.4M	$2.7M	20x
ApeX Omni MSTRUSDT	+0.0100%	1h	163.23	−0.476%	$5K	$182K	50x	as long as short
Orderly PERP_MSTR_USDC_mythos	+0.0100%	8h	164.06	+0.030%	$4K	$10K	10x	as long as short
Aevo MSTR-PERP	+0.0104%	1h	164.11	+0.060%	$136	—	10x	as long as short
OKX MSTR-USDT-SWAP	+0.0116%	8h	164.19	+0.110%	$20.8M	$101.2M	50x	as long as short
Lighter MSTR	+0.0136%	1h	164.09	+0.049%	$3.5M	$2.0M	10x	as long as short
Variational Omni MSTR	+0.0144%	8h	163.96	−0.033%	$1.2M	$2.1M	—	as long as short
Paradex MSTR-USD-PERPshort	+0.0144%	8h	164.07	+0.034%	$66	—	5x
Coinbase International MSTR-PERP-INTX	+0.0168%	1h	161.52	−1.518%	$1.4M	$1.1M	10x	as long as short
Binance MSTRUSDT	+0.0218%	8h	164.10	+0.057%	$84.2M	$628.9M	50x	as long as short
GRVT MSTR_USDT_Perp	+0.0220%	8h	163.14	−0.530%	$79K	$857K	10x	as long as short
tradeXYZ xyz:MSTR	+0.0261%	1h	163.96	−0.030%	$54.4M	$37.4M	10x	as long as short
edgeX MSTRUSDC	+0.0282%	4h	163.35	−0.404%	$45K	$5.4M	10x	as long as short
BloFin MSTR-USDT	+0.0337%	8h	164.02	+0.006%	$1.0M	$2.1M	20x	as long as short
Nado MSTR-PERP	+0.0338%	1h	163.93	−0.051%	$131K	$157K	3x	as long as short
SoDEX MSTR-USD	+0.0339%	1h	163.99	−0.012%	$43K	$3K	10x	as long as short
Phoenix MSTR	+0.0362%	1h	163.21	−0.488%	$55K	$226K	10x	as long as short
Bybit MSTRUSDT	+0.0377%	8h	164.17	+0.098%	$16.8M	$41.8M	50x	as long as short
Deribit MSTR_USDC-PERPETUAL	+0.0665%	1h	164.16	+0.091%	$279K	$438K	10x	as long as short