MSTR funding arbitrage: kucoin vs phoenix

Long MSTRUSDTM on kucoin against short MSTR on phoenix.

SideExchangeSymbolFundingFunding APR24h volumeOpen interest
LongkucoinMSTRUSDTM0.0100% / 8h+10.95%$472.9K$3.00M
ShortphoenixMSTR0.0019% / 1h+17.07%$140.6K$43.2K

Funding spread +6.12% APR. Price spread -0.0785%.

Data generated at 2026-09-01T05:32:40Z. Live numbers load on this page automatically.