MSTR Funding Rate History β Settled Payments by Exchange
MicroStrategy
| Exchange | Settlements | Total Paid | Average APR | Largest | Smallest | Last Settled |
|---|---|---|---|---|---|---|
| 180 | +2.2135% | +26.95% | +0.0498% | -0.0499% | 2026-11-13 16:00 UTC | |
| 718 | +1.7747% | +21.67% | +0.0149% | -0.0349% | 2026-11-13 17:00 UTC | |
| 658 | +1.4158% | +18.86% | +0.0532% | -0.1115% | 2026-11-13 17:00 UTC | |
| 90 | +1.4093% | +17.16% | +0.1633% | -0.1476% | 2026-11-13 16:00 UTC | |
| 90 | +1.3937% | +16.97% | +0.1416% | -0.1007% | 2026-11-13 16:01 UTC | |
| 90 | +1.1060% | +13.47% | +0.0865% | -0.1620% | 2026-11-13 16:00 UTC | |
| 720 | +0.8594% | +10.46% | +0.0149% | -0.0090% | 2026-11-13 18:00 UTC | |
| 90 | +0.8545% | +10.40% | +0.0611% | -0.0921% | 2026-11-13 16:00 UTC | |
| 90 | +0.8426% | +10.26% | +0.1374% | -0.2146% | 2026-11-13 16:00 UTC | |
| 720 | +0.8250% | +10.04% | +0.0342% | -0.0652% | 2026-11-13 18:00 UTC | |
| 90 | +0.7553% | +9.20% | +0.0676% | -0.0714% | 2026-11-13 16:00 UTC | |
| 98 | +0.7422% | +8.30% | +0.1936% | -0.3285% | 2026-11-13 16:00 UTC | |
| 90 | +0.6292% | +7.66% | +0.1584% | -0.1785% | 2026-11-13 16:00 UTC | |
| 720 | +0.5868% | +7.14% | +0.0355% | -0.0592% | 2026-11-13 18:00 UTC | |
| 720 | +0.5246% | +6.39% | +0.0297% | -0.1059% | 2026-11-13 18:00 UTC | |
| 90 | +0.5227% | +6.36% | +0.0601% | -0.1134% | 2026-11-13 16:00 UTC | |
| 90 | +0.4906% | +5.97% | +0.0854% | -0.1946% | 2026-11-13 16:00 UTC | |
| 90 | +0.4761% | +5.80% | +0.1431% | -0.2396% | 2026-11-13 16:00 UTC | |
| 90 | +0.4468% | +5.44% | +0.1357% | -0.1800% | 2026-11-13 16:00 UTC | |
| 90 | +0.4366% | +5.32% | +0.1288% | -0.2226% | 2026-11-13 16:00 UTC | |
| 90 | +0.4364% | +5.31% | +0.1292% | -0.2215% | 2026-11-13 16:00 UTC | |
| 90 | +0.4293% | +5.23% | +0.1281% | -0.2233% | 2026-11-13 16:00 UTC | |
| 90 | +0.4211% | +5.13% | +0.1044% | -0.1707% | 2026-11-13 16:00 UTC | |
| 720 | +0.3195% | +3.89% | +0.0446% | -0.0967% | 2026-11-13 18:00 UTC | |
| 720 | +0.2956% | +3.60% | +0.0483% | -0.1271% | 2026-11-13 18:00 UTC | |
| 90 | +0.1989% | +2.42% | +0.0364% | -0.0302% | 2026-11-13 16:00 UTC | |
| 155 | +0.1507% | +8.52% | +0.0013% | -0.0197% | 2026-11-13 18:00 UTC | |
| 720 | +0.1429% | +1.74% | +0.0060% | -0.0030% | 2026-11-13 18:00 UTC | |
| 719 | +0.0695% | +0.85% | +0.0152% | -0.0292% | 2026-11-13 17:00 UTC | |
| 90 | +0.0497% | +0.61% | +0.1288% | -0.2226% | 2026-11-13 16:00 UTC | |
| 180 | +0.0000% | +0.00% | +0.0000% | +0.0000% | 2026-11-13 16:00 UTC |
What the MSTR funding rate means
What MSTR (MicroStrategy) actually paid over the last 30 days: 9,278 settlements across 31 venues, broken down venue by venue. These are settled payments β the amount an exchange actually charged or credited each funding interval β not the rate currently quoted for the next payment. edgeX V2 paid the most over the window at +2.2135% of position size.
A funding rate quoted right now is a forecast of the next payment; what a position actually earned is the sum of payments that already settled. Two venues can quote a similar rate and still pay very differently over a month, because they settle on different schedules and compute the rate from their own order book rather than a shared index. The rate was positive in 79% of the 9,278 settlements recorded here, meaning longs paid shorts that often.
Over the window, settled totals ranged from +2.2135% on edgeX V2 to +0.0000% on Phemex β the gap between them is what a delta-neutral position collecting on both legs would have captured before fees and slippage. Verify the live version of this spread on the ORBIT funding screener before sizing a trade: settled history shows what already happened, not what will happen next.
Frequently asked questions
- Is the MSTR funding rate a live quote or an actual payment?
- A funding rate quoted right now is a forecast of the next payment; what a position actually earned is the sum of payments that already settled. Two venues can quote a similar rate and still pay very differently over a month, because they settle on different schedules and compute the rate from their own order book rather than a shared index. The rate was positive in 79% of the 9,278 settlements recorded here.
- Which exchange has paid the most settled MSTR funding recently?
- edgeX V2 paid the most over the last 30 days at +2.2135% of position size across 180 settlements, an average annualized rate of +26.95%. This is a sum of actual payments, not a forecast.
- How often is MSTR funding actually paid?
- Over the last 30 days, ORBIT recorded 9,278 funding settlements for MSTR across 31 venues. Settlement schedules differ by venue β some pay hourly, others every 4 or 8 hours β so the number of payments per venue in the table above is not the same for all of them.