MSTR funding arbitrage: bybit vs phoenix
Long MSTRUSDT on bybit against short MSTR on phoenix.
| Side | Exchange | Symbol | Funding | Funding APR | 24h volume | Open interest |
|---|---|---|---|---|---|---|
| Long | bybit | MSTRUSDT | 0.0059% / 8h | +6.42% | $16.79M | $5.43M |
| Short | phoenix | MSTR | 0.0019% / 1h | +17.07% | $140.6K | $43.2K |
Funding spread +10.65% APR. Price spread -0.0634%.
Data generated at 2026-09-01T05:32:34Z. Live numbers load on this page automatically.