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Funding rate · MSTR perpetual · updated every 15 minutes
Funding for Strategy (MicroStrategy) is positive and close to normal: longs pay shorts about +9.2% a year on average. Most big exchanges’ base rate works out to about 11% a year.
Sorted from the highest to the lowest. Positive = longs pay shorts; negative = shorts pay longs.
| Venue | Per 8 hours | Per year | Pays every | Next payment | Who pays |
|---|---|---|---|---|---|
| Bitget CEX | +0.0364% | +39.9% | 8 h | – | longs pay |
| Lighter DEX | +0.0232% | +25.4% | 1 h | – | longs pay |
| Binance CEX | +0.0138% | +15.1% | 8 h | – | longs pay |
| Gate CEX | +0.0077% | +8.4% | 8 h | – | longs pay |
| Variational DEX | +0.0054% | +5.9% | 8 h | – | longs pay |
| Hyperliquid DEX | +0.0050% | +5.5% | 1 h | – | longs pay |
| KuCoin CEX | +0.0047% | +5.1% | 8 h | – | longs pay |
| Aster DEX | +0.0045% | +4.9% | 8 h | – | longs pay |
| OKX CEX | +0.0033% | +3.6% | 8 h | – | longs pay |
| Bybit CEX | +0.0000% | +0.0% | 8 h | – | nobody |
Kumocast’s own analysis engine · Kumo 1.1 · live data
Ask about your own position in plain words – size, leverage, side and how long you hold. Kumo uses today’s Strategy (MicroStrategy) funding from every venue above and shows the maths.
Average funding per full day on Hyperliquid (pays every hour), shown as a yearly rate. Hover a bar for the exact day.
At today’s average rate, before trading fees.
| Position | Per day | Per week | Per 30 days |
|---|---|---|---|
| $1,000 long | $0.25 | $1.77 | $7.60 |
| $10,000 long | $2.53 | $17.74 | $76.01 |
| $100,000 long | $25.34 | $177.37 | $760.15 |
Same table, other markets.
All markets: funding rates table
On average +0.0084% every 8 hours (+9.2% a year) across 10 venues. The highest is Bitget at +0.0364%, the lowest Bybit at +0.0000%, per 8 hours. Updated every 15 minutes.
Positive on average – traders holding long MSTR positions pay those holding shorts. The sign can change from one payment to the next.
It depends on the venue: Bitget every 8 hours, Lighter every 1 hour, Binance every 8 hours, Gate every 8 hours, Variational every 8 hours, Hyperliquid every 1 hour, KuCoin every 8 hours, Aster every 8 hours, OKX every 8 hours, Bybit every 8 hours. Kumo converts all of them to “per 8 hours” so they can be compared.
At today’s average, a $1,000 long pays about $0.25 a day in funding, on top of trading fees. Rates change all the time, so this is a snapshot, not a promise.
Not reliably. In our six-year study of 20 coins, very high or negative funding was followed by rises about as often as by falls. Right now Strategy (MicroStrategy) funding is +9.2% a year.