MSTR funding arbitrage: bybit vs variational

Long MSTRUSDT on bybit against short MSTR on variational.

SideExchangeSymbolFundingFunding APR24h volumeOpen interest
LongbybitMSTRUSDT0.0059% / 8h+6.42%$16.79M$5.43M
ShortvariationalMSTR0.0063% / 8h+6.85%$1.63M$5.59M

Funding spread +0.43% APR. Price spread -0.0151%.

Data generated at 2026-09-01T05:32:57Z. Live numbers load on this page automatically.