# MSTR funding rate history — settled payments by exchange

Source: https://orbitperpscreener.com/markets/asset/MSTR/funding · window: last 30 days · generated 2026-09-23T19:05 UTC

What MSTR (MicroStrategy) actually paid over the last 30 days: 7,249 settlements across 25 venues, broken down venue by venue. These are settled payments — the amount an exchange actually charged or credited each funding interval — not the rate currently quoted for the next payment. BloFin paid the most over the window at +1.8125% 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 82% of the 7,249 settlements recorded here, meaning longs paid shorts that often.

Over the window, settled totals ranged from +1.8125% on BloFin to +0.1841% on Aster — 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.

| Exchange | Settlements | Total paid | Average APR | Largest | Smallest | Last settled |
|---|---:|---:|---:|---:|---:|---|
| BloFin | 90 | +1.8125% | +22.07% | +0.0964% | -0.0840% | 2026-09-23 16:00 UTC |
| Phoenix | 718 | +1.6978% | +20.73% | +0.0416% | -0.0321% | 2026-09-23 18:00 UTC |
| Gate.io | 64 | +1.4193% | +24.30% | +0.1247% | -0.0201% | 2026-09-23 16:00 UTC |
| Ondo | 719 | +1.1275% | +13.75% | +0.1529% | -0.0704% | 2026-09-23 18:00 UTC |
| Arcus | 719 | +0.9399% | +11.46% | +0.0246% | -0.0039% | 2026-09-23 18:00 UTC |
| trade[XYZ] (mirrors hyperliquid) | 719 | +0.9164% | +11.17% | +0.0515% | -0.0492% | 2026-09-23 18:00 UTC |
| PopDEX | 705 | +0.8395% | +10.44% | +0.1342% | -0.1345% | 2026-09-23 18:00 UTC |
| Hotcoin | 90 | +0.7774% | +9.47% | +0.0841% | -0.2240% | 2026-09-23 16:00 UTC |
| Pacifica | 717 | +0.7724% | +9.44% | +0.0586% | -0.0733% | 2026-09-23 18:00 UTC |
| Pionex | 90 | +0.7275% | +8.86% | +0.0971% | -0.2396% | 2026-09-23 16:00 UTC |
| WOOFi Pro | 90 | +0.7246% | +8.82% | +0.0271% | -0.0612% | 2026-09-23 16:00 UTC |
| Bybit | 90 | +0.7117% | +8.66% | +0.1016% | -0.1941% | 2026-09-23 16:00 UTC |
| OKX | 90 | +0.6835% | +8.32% | +0.0642% | -0.1756% | 2026-09-23 16:00 UTC |
| Toobit | 90 | +0.6388% | +7.78% | +0.0841% | -0.2215% | 2026-09-23 16:00 UTC |
| HTX | 90 | +0.5965% | +7.26% | +0.2332% | -0.0252% | 2026-09-23 16:00 UTC |
| MEXC | 90 | +0.5927% | +7.22% | +0.0834% | -0.2231% | 2026-09-23 16:00 UTC |
| Paradex | 100 | +0.5685% | +6.23% | +0.2284% | -0.3298% | 2026-09-23 16:00 UTC |
| Bitget | 90 | +0.5439% | +6.62% | +0.0617% | -0.0729% | 2026-09-23 16:00 UTC |
| Polymarket | 719 | +0.5164% | +6.30% | +0.0523% | -0.0463% | 2026-09-23 18:00 UTC |
| Bitunix | 90 | +0.4578% | +5.57% | +0.0761% | -0.1953% | 2026-09-23 16:00 UTC |
| grvt | 90 | +0.4021% | +4.90% | +0.0884% | -0.2210% | 2026-09-23 16:00 UTC |
| QFEX | 719 | +0.3724% | +4.54% | +0.0480% | -0.0250% | 2026-09-23 18:00 UTC |
| KuCoin | 90 | +0.3192% | +3.89% | +0.0645% | -0.2592% | 2026-09-23 16:00 UTC |
| WEEX | 90 | +0.2451% | +2.98% | +0.0841% | -0.2240% | 2026-09-23 16:00 UTC |
| Aster | 90 | +0.1841% | +2.24% | +0.0773% | -0.1815% | 2026-09-23 16:00 UTC |

## FAQ

### 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 82% of the 7,249 settlements recorded here.

### Which exchange has paid the most settled MSTR funding recently?

BloFin paid the most over the last 30 days at +1.8125% of position size across 90 settlements, an average annualized rate of +22.07%. This is a sum of actual payments, not a forecast.

### How often is MSTR funding actually paid?

Over the last 30 days, ORBIT recorded 7,249 funding settlements for MSTR across 25 venues. Settlement schedules differ by venue — some pay hourly, others every 4 or 8 hours — so the number of payments per venue in the table above is not the same for all of them.

### What is the widest settled MSTR funding spread between venues?

Over the last 30 days, settled totals ranged from +1.8125% on BloFin to +0.1841% on Aster. That gap is what a position holding both legs — long on the venue that paid least, short on the one that paid most — would have collected before fees and slippage. Check the current spread on the live screener, since settled history describes the past, not the next payment.

Live rates: https://orbitperpscreener.com/markets/asset/MSTR · Screener: https://orbitperpscreener.com/screener