MSTR funding arbitrage: bybit vs kucoin

Long MSTRUSDT on bybit against short MSTRUSDTM on kucoin.

SideExchangeSymbolFundingFunding APR24h volumeOpen interest
LongbybitMSTRUSDT0.0059% / 8h+6.42%$16.79M$5.43M
ShortkucoinMSTRUSDTM0.0100% / 8h+10.95%$471.8K$3.00M

Funding spread +4.53% APR. Price spread -0.0528%.

Data generated at 2026-09-01T05:32:45Z. Live numbers load on this page automatically.