Stocks perp · up to 100x · 29 venues

Strategy (MSTR) stock perp

At 03:00 UTC on November 12, 2026, the Strategy (MSTR) stock perp traded at $119.91 (-1.80% over 24 hours), with $195.8M in open interest across 29 venues, led by Binance with 39%. Maximum leverage is 100x, on MEXC; open-interest-weighted funding is 13.0% annualized.

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As of
  • Veranta, 170 markets
  • trade.xyz, 110 markets
  • Lighter, 209 markets
  • Aster, 578 markets
  • Paradex, 66 markets
  • Extended, 340 markets
  • QFEX, 237 markets
  • Vest Classic, 88 markets
  • Vest Markets, 64 markets
  • Orderly, 142 markets
  • Nado, 74 markets
  • Kraken Futures, 209 markets
  • Variational, 588 markets
  • Pacifica, 78 markets
  • edgeX, 157 markets
  • GRVT, 184 markets
  • Aevo, unavailable
  • gTrade, 178 markets
  • Ostium, 83 markets
  • OKX, 543 markets
  • Bitget, 930 markets
  • Gate, 1077 markets
  • MEXC, 1204 markets
  • HTX, 410 markets
  • KuCoin, 721 markets
  • Deribit, 144 markets
  • Phemex, 147 markets
  • Binance, 758 markets
  • WhiteBIT, 395 markets
  • Crypto.com, 414 markets

MSTR at your leverage

Leverage

$1,000 at 10x: a $10,000 position, $100 per 1% move

Liquidation price
$108.46
−9.5% from $119.91 on MEXC
Position
$10,000
+$100 for each 1% move
Today at 10x
−$180
−18% of margin from the 24-hour change
Hold a day
−$2.97
Funding and borrow at today's rate
MSTR at 10x long by venue
VenueOffers 10xLiquidationRoomHold a day
MEXCYes$108.46−9.5%−$2.97
OstiumYes$108.52−9.5%$0.00
OKXYes$109.01−9.1%−$0.24
BitgetYes$109.01−9.1%−$5.64
GateYes$109.01−9.1%$0.00
HTXYes$109.01−9.1%−$12.48
Crypto.comYes$109.01−9.1%+$0.67
Vest ClassicYes$110.12−8.2%−$1.37
Vest MarketsYes$110.12−8.2%−$1.37
QFEXYes$110.69−7.7%+$0.58
Kraken FuturesYes$110.69−7.7%−$12.89
KuCoinYes$110.69−7.7%−$5.07
WhiteBITYes$110.69−7.7%−$3.00
trade.xyzYes$113.60−5.3%−$6.83
ExtendedYes$113.60−5.3%−$2.64
OrderlyYes$113.60−5.3%−$3.00
PacificaYes$113.60−5.3%−$3.00
edgeXYes$113.60−5.3%+$13.56
DeribitYes$113.60−5.3%−$2.05
PhemexYes$113.60−5.3%$0.00
LighterYes$114.81−4.3%−$6.72

Below 10x:Veranta Paradex gTrade Nado Aster cap not publishedVariational cap not publishedGRVT cap not publishedBinance cap not published

MSTR perpetual market

Funding spread 96.6% · long edgeX, short Kraken Futures · Price dispersion 219 bps

Shorts pay Longs pay (blue tint: negative funding, red tint: positive funding, stronger at larger rates)
View

Dimmed: 8 venues that cap below your 10x.

Binance · dailyMSTRUSDT––$76.5M–39%$220.5M2.88x––
BitgetMSTRUSDT$119.86-1.50%$28.2M-5.0%14%$43.5M1.54x+20.6%50x
OKXMSTR-USDT-SWAP$119.89-1.47%$20.1M-4.1%10%$52.2M2.59x+0.9%50x
trade.xyzxyz:MSTR$119.75-1.80%$19.6M+0.4%10.0%$22.7M1.16x+24.9%10x
GateMSTR_USDT$119.89-1.49%$15.6M-5.7%8.0%$10.5M0.68x0.0%50x
MEXCMSTRSTOCK_USDT$119.85-1.50%$12.3M-8.5%6.3%$10.7M0.87x+10.8%100x
WhiteBITMSTR_PERP$120.71-0.82%$9.6M-2.6%4.9%$825.0K0.09x+10.9%20x
KuCoinMSTRUSDTM$119.86-1.54%$3.0M-2.9%1.5%$1.3M0.44x+18.5%20x
VariationalMSTR$119.88-1.32%$2.1M+2.6%1.1%$2.2M1.08x+4.5%–
QFEXMSTR-USD$119.63-1.51%$1.4M+0.3%0.7%$1.1M0.81x-2.1%20x
LighterMSTR$119.75-2.05%$1.3M-7.9%0.7%$1.4M1.02x+24.5%10x
PhemexMSTRUSDT$119.94-1.34%$1.3M-7.2%0.7%$1.1M0.85x0.0%10x
Kraken FuturesPF_MSTRXUSD$119.75-1.51%$1.1M+5.0%0.6%$853.6K0.74x+47.1%20x
HTXMSTRX-USDT$119.92-1.45%$913.6K-2.6%0.5%$134.4K0.15x+45.6%50x
DeribitMSTR_USDC-PERPETUAL$119.70-1.46%$869.1K+19.5%0.4%$1.2M1.39x+7.5%10x
AsterMSTRUSDT$119.91-1.61%$748.4K-29.9%0.4%$3.9M5.19x+21.7%–
ExtendedMSTR_24_5-USD$119.68-1.43%$339.6K-4.5%0.2%$2.2M6.44x+9.6%10x
PacificaMSTR$119.74-1.49%$180.1K+3.4%<0.1%$85.0K0.47x+10.9%10x
Vest ClassicMSTR-USD-PERP$119.71-1.43%$147.4K+1.2%<0.1%$350.2K2.38x+5.0%25x
NadoMSTR-PERP$119.74-1.57%$138.2K-0.5%<0.1%$18.6K0.13x+6.1%3x
GRVTMSTR_USDT_Perp$119.88-1.44%$108.2K-7.1%<0.1%$1.4M12.99x+19.9%–
VerantaMSTR/USD––$97.0K0.0%<0.1%not published–+26.8%5x
edgeXMSTRUSDC$119.74-1.47%$40.5K+97.6%<0.1%$2.1M50.82x-49.5%10x
Crypto.comMSTRUSD-PERP$119.64-1.48%$31.1K-10.5%<0.1%$215.0K6.92x-2.4%50x
gTradeMSTR/USD$122.26+1.01%$24.0K+1.0%<0.1%not published–0.0%4x
OstiumMSTR/USD––$11.4K+1.0%<0.1%not published–0.0%50x
OrderlyPERP_MSTR_USDC_mythos$119.71-1.50%$9.9K-9.0%<0.1%$102.4K10.34x+10.9%10x
ParadexMSTR-USD-PERP$119.69-1.45%$527-0.8%<0.1%$00.00x+14.8%5x
Vest MarketsMSTR-USD-PERP$119.72-1.57%–––$60.4K–+5.0%25x
All venues$119.91-1.80%$195.8M-4.1%100%$380.7M1.95x+13.0%100x
Veranta positioning
Long pays
+28.8%
Short pays
-24.8%
Open interest
$97.0K
Max
5x
Every Veranta market ›
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