MSTR

Alert

Funding spread now, next payment 18:00 UTC+0.0269%/8h

paid, last 24h−0.031%paid, last 7 days+0.182%to open and close $10k−$39

The current rate is far above what this pair has been paying: over the last 7 days it paid 0.182% in total (about 9.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica MSTR	166.59	0.0100	pay 0.0013% / 1h	56m 42s	$102K	$152K	10x
Short	BloFin MSTR-USDT	166.75	0.0369	get 0.0369% / 8h	6h 56m	$1.1M	$1.5M	20x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee PacificabpFee BloFinbpOrdersRate

Funding earned: $56.5
Slippage, 4 orders: −$19.47
Fee Pacifica: 4 bp × 2 orders: −$8
Fee BloFin: 6 bp × 2 orders: −$12
Net: $17.03
Break-even: 4.9 days

Slippage from Pacifica: live order book, 47 min ago; BloFin: live order book, 2 min ago.

Price risk

price view

Price gap now: +0.098%
Avg gap 7d: +0.023%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Pacifica live order book, 47 min ago	1.92 bp	6.3 bp −$6	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 2 min ago	1.20 bp	7.2 bp −$7	10.0 bp −$100	20.9 bp −$2,092	45.3 bp −$22.6K

MSTR on 31 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Nado MSTR-PERP	−0.0037%	1h	$125K	$247K	3x	as long as short
Gate MSTR_USDT	0.0000%	8h	$4.8M	$18.2M	50x	as long as short
Phemex MSTRUSDT	0.0000%	4h	$2.8M	$41K	10x	as long as short
RISEx MSTR/USDC	+0.0017%	1h	$295K	$467K	10x	as long as short
Lighter MSTR	+0.0032%	1h	$3.6M	$2.6M	10x	as long as short
Extended MSTR_24_5-USD	+0.0032%	1h	$495K	$2.1M	10x	as long as short
QFEX MSTR-USD	+0.0041%	1h	$1.3M	$9.4M	10x	as long as short
Vest MSTR-USD-PERP	+0.0046%	1h	—	$1.8M	25x	as long as short
Polymarket Perps MSTR-USD	+0.0050%	1h	$405K	$2.3M	10x	as long as short
SoDEX MSTR-USD	+0.0050%	1h	$44K	$3K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Ondo Perps MSTR-USD.P	+0.0050%	1h	$824K	$4.6M	10x	as long as short
Paradex MSTR-USD-PERP	+0.0081%	8h	$67	—	5x	as long as short
tradeXYZ xyz:MSTR	+0.0090%	1h	$56.7M	$32.2M	10x	as long as short
Pacifica MSTRlong	+0.0100%	1h	$102K	$152K	10x
KuCoin MSTRUSDTM	+0.0100%	8h	$2.5M	$2.6M	20x	as long as short
ApeX Omni MSTRUSDT	+0.0100%	1h	$130K	$1.6M	50x	as long as short
Orderly PERP_MSTR_USDC_mythos	+0.0100%	8h	$3K	$12K	10x	as long as short
Aevo MSTR-PERP	+0.0104%	1h	$139	—	10x	as long as short
Coinbase International MSTR-PERP-INTX	+0.0112%	1h	$1.5M	$1.1M	10x	as long as short
Variational Omni MSTR	+0.0207%	8h	$1.3M	$2.3M	—	as long as short
OKX MSTR-USDT-SWAP	+0.0212%	8h	$22.5M	$101.5M	50x	as long as short
Phoenix MSTR	+0.0215%	1h	$55K	$379K	10x	as long as short
Aster MSTRUSDT	+0.0248%	8h	$1.3M	$6.0M	50x	as long as short
Binance MSTRUSDT	+0.0248%	8h	$90.9M	$567.2M	50x	as long as short
Injective MSTR/USDC PERP	+0.0249%	1h	$12K	$68K	30x	as long as short
Bybit MSTRUSDT	+0.0265%	8h	$15.4M	$41.5M	50x	as long as short
Bitget MSTRUSDT	+0.0274%	8h	$28.7M	$111.7M	25x	as long as short
BloFin MSTR-USDTshort	+0.0369%	8h	$1.1M	$1.5M	20x
Deribit MSTR_USDC-PERPETUAL	+0.0529%	1h	$284K	$455K	10x	as long as short
Arcus MSTR-USD	+0.0599%	1h	$26K	$130K	10x	as long as short
edgeX MSTRUSDC	+0.0616%	4h	$49K	$5.0M	10x	as long as short