MSTR funding rates
MSTR perpetual funding is currently quoted across 14 venues, ranging from -86.8% to +30.3% APR. The most reliable delta-neutral pairing for MSTR right now is long Variational / short Phoenix at +20.5% net APR (medium risk, ~2.4d to break even).
as of 2026-07-29 10:36 UTC
Best delta-neutral pairing
Long Variational / Short Phoenix
+20.5% net APR
- Backtested (30d)
- +9.2%
- Stability
- 85.9%
- Risk
- medium
- Breakeven
- ~2.4d
Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.
Open this tradeMSTR funding by exchange
Frequently asked
What is the MSTR funding rate right now?
MSTR perpetual funding ranges from -86.78% to 30.30% APR across 14 exchanges we track; the widest delta-neutral spread is long Variational / short Phoenix at 20.5% net APR.
Which exchange has the highest MSTR funding rate?
Phoenix currently has the highest at 30.30% APR. See the full ranking above.