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MSTR perpetuals

Compare funding costs for one asset across venues.

Data as of 2026-09-09 14:58 UTC

MSTR is quoted on 6 contracts. The highest funding rate is on OKX at +8.11% annualised over a 8h rate period, and the lowest is on Gate at 0.00% — a gap of 8.11 points. Rate periods differ by venue, so rates are normalised to simple annualised values. Payment direction depends on whether the position is long or short.

Highest rate now
+8.11%
OKX · 8h
Lowest rate now
0.00%
Gate · 8h
Spread
8.11
points
Highest 30d realised APR
+31.37%
Gate

By venue

Venue Rate Annualised 30d realised APR Max leverage 24h turnover Actions
OKXCentralisedMSTR-USDT-SWAP +0.0074%8h +8.11% +5.30%
Annualised · +5.30% · range -192.3% … +70.0% · 89 settlements
25x 26.6M
Liquidation → Trade →
LighterOn-chainMSTR +0.0032%8h +3.50% —
no history yet
 10x 1.3M
Liquidation → Trade →
AsterOn-chainMSTRUSDT 0.0000%8h 0.00% —
no history yet
 — 361.6K
Trade →
BitgetCentralisedMSTRUSDT 0.0000%8h 0.00% +4.31%
Annualised · +4.31% · range -39.0% … +62.4% · 89 settlements
25x 35.0M
Liquidation → Trade →
BybitCentralisedMSTRUSDT 0.0000%8h 0.00% +6.12%
Annualised · +6.12% · range -212.5% … +85.1% · 89 settlements
25x 35.2M
Liquidation → Trade →
GateCentralisedMSTR_USDT 0.0000%8h 0.00% +31.37%
Annualised · +31.37% · range -22.0% … +136.5% · 20 settlements
50x 6.3M
Liquidation → Trade →

MSTR comparison scope and payment direction

This page retains low-turnover MSTR contracts without the main ranking’s $1M threshold. Positive funding is paid by longs; negative funding is paid by shorts. High and low are rate values, not recommendations. Contracts can use different quote currencies, settlement currencies and multipliers; check their specifications before comparing. Annualisation method · Official sources.

Rates and chart methodology

Annualised over the window sums what actually settled on that contract, then extrapolates across the hours those settlements covered — it is not today's rate projected forward. A contract listed less than 30 days ago is extrapolated from its own span. The grey line is zero: above it longs pay, below it shorts pay. Every row in that column shares one vertical scale, so their swings can be compared directly.

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Margin ladders

OKX · MSTR-USDT-SWAP No deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 600 base 2.0000% 25.00x —
2 600.01 – 1200 base 3.0000% 20.00x —
3 1200.01 – 1800 base 4.0000% 12.50x —
4 1800.01 – 2400 base 4.5000% 11.76x —
5 2400.01 – 3000 base 5.0000% 11.11x —
6 3000.01 – 3600 base 5.5000% 10.53x —
7 3600.01 – 4200 base 6.0000% 10.00x —
8 4200.01 – 4800 base 6.5000% 9.52x —
9 4800.01 – 5400 base 7.0000% 9.09x —
10 5400.01 – 6000 base 7.5000% 8.70x —
11 6000.01 – 6600 base 8.0000% 8.33x —
12 6600.01 – 7200 base 8.5000% 8.00x —
13 7200.01 – 7800 base 9.0000% 7.69x —
14 7800.01 – 8400 base 9.5000% 7.41x —
15 8400.01 – 9000 base 10.0000% 7.14x —
16 9000.01 – 9600 base 10.5000% 6.90x —
17 9600.01 – 10200 base 11.0000% 6.67x —
18 10200.01 – 10800 base 11.5000% 6.45x —
19 10800.01 – 11400 base 12.0000% 6.25x —
20 11400.01 – 12000 base 12.5000% 6.06x —
21 12000.01 – 12600 base 13.0000% 5.88x —
22 12600.01 – 13200 base 13.5000% 5.71x —
23 13200.01 – 13800 base 14.0000% 5.56x —
24 13800.01 – 14400 base 14.5000% 5.41x —
25 14400.01 – 15000 base 15.0000% 5.26x —
26 15000.01 – 15600 base 15.5000% 5.13x —
27 15600.01 – 16200 base 16.0000% 5.00x —
28 16200.01 – 16800 base 16.5000% 4.88x —
29 16800.01 – 17400 base 17.0000% 4.76x —
30 17400.01 – 18000 base 17.5000% 4.65x —
31 18000.01 – 18600 base 18.0000% 4.55x —
32 18600.01 – 19200 base 18.5000% 4.44x —
33 19200.01 – 19800 base 19.0000% 4.35x —
34 19800.01 – 20400 base 19.5000% 4.26x —
35 20400.01 – 21000 base 20.0000% 4.17x —
36 21000.01 – 21600 base 20.5000% 4.08x —
37 21600.01 – 22200 base 21.0000% 4.00x —
38 22200.01 – 22800 base 21.5000% 3.92x —
39 22800.01 – 23400 base 22.0000% 3.85x —
40 23400.01 – 24000 base 22.5000% 3.77x —
41 24000.01 – 24600 base 23.0000% 3.70x —
42 24600.01 – 25200 base 23.5000% 3.64x —
43 25200.01 – 25800 base 24.0000% 3.57x —
44 25800.01 – 26400 base 24.5000% 3.51x —
45 26400.01 – 27000 base 25.0000% 3.45x —
46 27000.01 – 27600 base 25.5000% 3.39x —
47 27600.01 – 28200 base 26.0000% 3.33x —
48 28200.01 – 28800 base 26.5000% 3.28x —
49 28800.01 – 29400 base 27.0000% 3.23x —
50 29400.01 – 30000 base 27.5000% 3.17x —
51 30000.01 – 30600 base 28.0000% 3.13x —
52 30600.01 – 31200 base 28.5000% 3.08x —
53 31200.01 – 31800 base 29.0000% 3.03x —
54 31800.01 – 32400 base 29.5000% 2.99x —
55 32400.01 – 33000 base 30.0000% 2.94x —
56 33000.01 – 33600 base 30.5000% 2.90x —
57 33600.01 – 34200 base 31.0000% 2.86x —
58 34200.01 – 34800 base 31.5000% 2.82x —
59 34800.01 – 35400 base 32.0000% 2.78x —
60 35400.01 – 36000 base 32.5000% 2.74x —
61 36000.01 – 36600 base 33.0000% 2.70x —
62 36600.01 – 37200 base 33.5000% 2.67x —
63 37200.01 – 37800 base 34.0000% 2.63x —
64 37800.01 – 38400 base 34.5000% 2.60x —
65 38400.01 – 39000 base 35.0000% 2.56x —
66 39000.01 – 39600 base 35.5000% 2.53x —
67 39600.01 – 40200 base 36.0000% 2.50x —
68 40200.01 – 40800 base 36.5000% 2.47x —
69 40800.01 – 41400 base 37.0000% 2.44x —
70 41400.01 – 42000 base 37.5000% 2.41x —
71 42000.01 – 42600 base 38.0000% 2.38x —
72 42600.01 – 43200 base 38.5000% 2.35x —
73 43200.01 – 43800 base 39.0000% 2.33x —
74 43800.01 – 44400 base 39.5000% 2.30x —
75 44400.01 – 45000 base 40.0000% 2.27x —
76 45000.01 – 45600 base 40.5000% 2.25x —
77 45600.01 – 46200 base 41.0000% 2.22x —
78 46200.01 – 46800 base 41.5000% 2.20x —
79 46800.01 – 47400 base 42.0000% 2.17x —
80 47400.01 – 48000 base 42.5000% 2.15x —
81 48000.01 – 48600 base 43.0000% 2.13x —
82 48600.01 – 49200 base 43.5000% 2.11x —
83 49200.01 – 49800 base 44.0000% 2.08x —
84 49800.01 – 50400 base 44.5000% 2.06x —
85 50400.01 – 51000 base 45.0000% 2.04x —
86 51000.01 – 51600 base 45.5000% 2.02x —
87 51600.01 – 52200 base 46.0000% 2.00x —
88 52200.01 – 52800 base 46.5000% 1.98x —
89 52800.01 – 53400 base 47.0000% 1.96x —
90 53400.01 – 54000 base 47.5000% 1.94x —
91 54000.01 – 54600 base 48.0000% 1.92x —
92 54600.01 – 55200 base 48.5000% 1.90x —
93 55200.01 – 55800 base 49.0000% 1.89x —

Lighter · MSTR No deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – ∞ quote 6.0000% 10.00x —

Bitget · MSTRUSDT No deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 100000 quote 2.0000% 25.00x —
2 100000 – 500000 quote 3.0000% 20.00x —
3 500000 – 800000 quote 4.0000% 15.00x —
4 800000 – 3000000 quote 5.0000% 10.00x —
5 3000000 – 10000000 quote 12.0000% 5.00x —
6 10000000 – 15000000 quote 15.0000% 4.00x —
7 15000000 – 25000000 quote 20.0000% 3.00x —
8 25000000 – 50000000 quote 30.0000% 2.00x —
9 50000000 – ∞ quote 60.0000% 1.00x —

Bybit · MSTRUSDT With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 50000 quote 2.0000% 25.00x —
2 50000 – 60000 quote 2.0800% 24.00x 40
3 60000 – 75000 quote 2.1700% 23.00x 94
4 75000 – 97500 quote 2.2700% 22.00x 169
5 97500 – 105000 quote 2.3800% 21.00x 276.25
6 105000 – 112500 quote 2.5000% 20.00x 402.25
7 112500 – 150000 quote 2.6300% 19.00x 548.5
8 150000 – 225000 quote 2.7800% 18.00x 773.5
9 225000 – 300000 quote 2.9400% 17.00x 1133.5
10 300000 – 375000 quote 3.1300% 16.00x 1703.5
11 375000 – 450000 quote 3.3300% 15.00x 2453.5
12 450000 – 675000 quote 3.5700% 14.00x 3533.5
13 675000 – 900000 quote 3.8500% 13.00x 5423.5
14 900000 – 1200000 quote 4.1700% 12.00x 8303.5
15 1200000 – 1500000 quote 4.5500% 11.00x 12863.5
16 1500000 – 2500000 quote 5.0000% 10.00x 19613.5
17 2500000 – 3000000 quote 5.5600% 9.00x 33613.5
18 3000000 – 3500000 quote 6.2500% 8.00x 54313.5
19 3500000 – 4000000 quote 7.1400% 7.00x 85463.5
20 4000000 – 4500000 quote 8.3300% 6.00x 133063.5
21 4500000 – 5000000 quote 10.0000% 5.00x 208213.5
22 5000000 – 8750000 quote 11.1100% 4.50x 263713.5
23 8750000 – 12500000 quote 12.5000% 4.00x 385338.5
24 12500000 – 15625000 quote 14.2900% 3.50x 609088.5
25 15625000 – 18750000 quote 16.6700% 3.00x 980963.5
26 18750000 – 25000000 quote 20.0000% 2.50x 1605338.5
27 25000000 – 37500000 quote 25.0000% 2.00x 2855338.5
28 37500000 – 50000000 quote 28.5700% 1.75x 4194088.5
29 50000000 – 65000000 quote 33.3300% 1.50x 6574088.5
30 65000000 – ∞ quote 50.0000% 1.00x 17409588.5

Gate · MSTR_USDT With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 10000 quote 1.0000% 50.00x —
2 10000 – 20000 quote 1.5000% 40.00x 50
3 20000 – 30000 quote 2.0000% 30.00x 150
4 30000 – 50000 quote 2.5000% 25.00x 300
5 50000 – 70000 quote 3.5000% 20.00x 800
6 70000 – 100000 quote 5.0000% 15.00x 1850
7 100000 – 200000 quote 6.0000% 12.00x 2850
8 200000 – 300000 quote 8.0000% 10.00x 6850
9 300000 – 500000 quote 10.0000% 8.00x 12850
10 500000 – 700000 quote 15.0000% 5.00x 37850
11 700000 – 1000000 quote 28.0000% 3.00x 128850
12 1000000 – 1500000 quote 45.0000% 2.00x 298850
13 1500000 – 2000000 quote 60.0000% 1.50x 523850
14 2000000 – 3000000 quote 78.0000% 1.20x 883850
15 3000000 – ∞ quote 90.0000% 1.05x 1243850