# MSTR funding rate history — settled payments by exchange

Source: https://orbitperpscreener.com/markets/asset/MSTR/funding · window: last 30 days · generated 2026-11-14T10:52 UTC

What MSTR (MicroStrategy) actually paid over the last 30 days: 9,297 settlements across 31 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. edgeX V2 paid the most over the window at +2.3991% 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 78% of the 9,297 settlements recorded here, meaning longs paid shorts that often.

Over the window, settled totals ranged from +2.3991% on edgeX V2 to +0.0000% on Phemex — 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 |
|---|---:|---:|---:|---:|---:|---|
| edgeX V2 | 180 | +2.3991% | +29.21% | +0.0498% | -0.0499% | 2026-11-14 08:00 UTC |
| Phoenix | 719 | +1.6415% | +20.01% | +0.0149% | -0.0349% | 2026-11-14 10:00 UTC |
| Hotcoin | 90 | +1.3510% | +16.45% | +0.1416% | -0.1007% | 2026-11-14 08:00 UTC |
| BloFin | 90 | +1.3507% | +16.44% | +0.1633% | -0.1476% | 2026-11-14 08:00 UTC |
| Decibel | 659 | +1.2654% | +16.83% | +0.0532% | -0.1115% | 2026-11-14 10:00 UTC |
| Bitget | 90 | +1.0640% | +12.95% | +0.0865% | -0.1620% | 2026-11-14 08:00 UTC |
| HTX | 90 | +0.8706% | +10.60% | +0.0611% | -0.0921% | 2026-11-14 08:00 UTC |
| Arcus | 720 | +0.8302% | +10.11% | +0.0149% | -0.0090% | 2026-11-14 10:00 UTC |
| grvt | 90 | +0.7879% | +9.59% | +0.1374% | -0.2146% | 2026-11-14 08:00 UTC |
| trade[XYZ] (mirrors hyperliquid) | 720 | +0.7348% | +8.95% | +0.0342% | -0.0652% | 2026-11-14 10:00 UTC |
| WOOFi Pro | 90 | +0.7250% | +8.83% | +0.0676% | -0.0714% | 2026-11-14 08:00 UTC |
| Paradex | 98 | +0.7187% | +8.04% | +0.1936% | -0.3285% | 2026-11-14 08:00 UTC |
| Pionex | 90 | +0.5869% | +7.14% | +0.1584% | -0.1785% | 2026-11-14 08:00 UTC |
| Polymarket | 720 | +0.5297% | +6.45% | +0.0355% | -0.0592% | 2026-11-14 10:00 UTC |
| Bitunix | 90 | +0.4736% | +5.77% | +0.0601% | -0.1134% | 2026-11-14 08:00 UTC |
| Bybit | 90 | +0.4476% | +5.45% | +0.1431% | -0.2396% | 2026-11-14 08:00 UTC |
| KuCoin | 90 | +0.4378% | +5.33% | +0.0854% | -0.1946% | 2026-11-14 08:00 UTC |
| Pacifica | 720 | +0.4284% | +5.22% | +0.0297% | -0.1059% | 2026-11-14 10:00 UTC |
| Toobit | 90 | +0.4001% | +4.87% | +0.1288% | -0.2226% | 2026-11-14 08:00 UTC |
| Binance Futures | 90 | +0.3979% | +4.84% | +0.1292% | -0.2215% | 2026-11-14 08:00 UTC |
| Aster | 90 | +0.3934% | +4.79% | +0.1357% | -0.1800% | 2026-11-14 08:00 UTC |
| MEXC | 90 | +0.3875% | +4.72% | +0.1281% | -0.2233% | 2026-11-14 08:00 UTC |
| OKX | 90 | +0.3804% | +4.63% | +0.1044% | -0.1707% | 2026-11-14 08:00 UTC |
| Gate.io | 90 | +0.1989% | +2.42% | +0.0364% | -0.0302% | 2026-11-14 08:00 UTC |
| Ondo | 720 | +0.1883% | +2.29% | +0.0446% | -0.0967% | 2026-11-14 10:00 UTC |
| PopDEX | 720 | +0.1686% | +2.05% | +0.0483% | -0.1271% | 2026-11-14 10:00 UTC |
| ApeX | 171 | +0.1506% | +7.72% | +0.0013% | -0.0197% | 2026-11-14 10:00 UTC |
| QFEX | 720 | +0.1345% | +1.64% | +0.0060% | -0.0030% | 2026-11-14 10:00 UTC |
| Crypto.com | 720 | +0.0227% | +0.28% | +0.0152% | -0.0292% | 2026-11-14 10:00 UTC |
| WEEX | 90 | +0.0194% | +0.24% | +0.1288% | -0.2226% | 2026-11-14 08:00 UTC |
| Phemex | 180 | +0.0000% | +0.00% | +0.0000% | +0.0000% | 2026-11-14 08:00 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 78% of the 9,297 settlements recorded here.

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

edgeX V2 paid the most over the last 30 days at +2.3991% of position size across 180 settlements, an average annualized rate of +29.21%. This is a sum of actual payments, not a forecast.

### How often is MSTR funding actually paid?

Over the last 30 days, ORBIT recorded 9,297 funding settlements for MSTR across 31 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 +2.3991% on edgeX V2 to +0.0000% on Phemex. 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