MicroStrategy (MSTR) Funding Rate History
MicroStrategy (MSTR) perpetual futures funding ranges from -1.30 bps on CRYPTOCOM to 66.70 bps on NADO across 22 reporting venues, a spread of 68.00 bps. The most extreme rate (730.37% APY annualized) is on NADO. Currently funding signs are mixed: 15 positive, 2 negative.
A non-zero funding rate spread between venues is the basis for delta-neutral funding arbitrage: long the cheaper-funding exchange and short the more expensive one to capture the spread without picking a side on MSTR price.
MSTR Per-Exchange Funding Rates
| Exchange | Current Funding (bps) | Funding APY | 7-Day Avg Funding (bps) | 24h Volume |
|---|---|---|---|---|
| NADO | 66.70 bps | 730.37% APY | 44.00 bps | $0 |
| WOOFIPRO | 7.60 bps | 83.22% APY | 7.70 bps | $4.03K |
| DECIBEL | 4.80 bps | 52.56% APY | 4.80 bps | $31.82K |
| GRVT | 3.50 bps | 38.32% APY | 4.50 bps | $1.61M |
| PHOENIX | 1.90 bps | 20.80% APY | 1.90 bps | $5.70K |
| CRYPTOCOM | -1.30 bps | -14.23% APY | 0.10 bps | $5.89K |
| BINGX | 1.00 bps | 10.95% APY | 1.50 bps | $7.31M |
| GATEIO | 1.00 bps | 10.95% APY | 0.10 bps | $3.11M |
| KUCOIN | 1.00 bps | 10.95% APY | 0.90 bps | $685.04K |
| PACIFICA | 1.00 bps | 10.95% APY | 1.00 bps | $97.29K |
| TRADEXYZ | 0.80 bps | 8.76% APY | 1.00 bps | $8.97M |
| QFEX | 0.80 bps | 8.76% APY | 0.40 bps | $3.54M |
| VEST | -0.60 bps | -6.57% APY | -0.10 bps | $69.99K |
| PARADEX | 0.50 bps | 5.47% APY | 1.10 bps | $0 |
| LIGHTER | 0.30 bps | 3.28% APY | 0.30 bps | $810.34K |
| EXTENDED | 0.30 bps | 3.28% APY | 0.40 bps | $368.87K |
| OKX | 0.20 bps | 2.19% APY | 1.00 bps | $15.91M |
| BINANCE | 0.00 bps | 0.00% APY | 0.70 bps | $102.42M |
| VARIATIONAL | 0.00 bps | 0.00% APY | 0.60 bps | $1.18M |
| ASTER | 0.00 bps | 0.00% APY | 0.70 bps | $322.25K |
| HUOBI | 0.00 bps | 0.00% APY | 0.10 bps | $244.57K |
| PHEMEX | 0.00 bps | 0.00% APY | n/a | $6.57K |
Last updated 2026-07-16T16:36:16Z (UTC).
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Related: MSTR open interest, MSTR volume, MSTR perp market data.