Open interest
Chart$195.8M -4.1% 24h
| Venue | Open interest | 24h change |
|---|---|---|
| Binance | $76.5M | |
| Bitget | $28.2M | -5.0% |
| OKX | $20.1M | -4.1% |
| trade.xyz | $19.6M | +0.4% |
Stocks perp · up to 100x · 29 venues
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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$195.8M -4.1% 24h
| Venue | Open interest | 24h change |
|---|---|---|
| Binance | $76.5M | |
| Bitget | $28.2M | -5.0% |
| OKX | $20.1M | -4.1% |
| trade.xyz | $19.6M | +0.4% |
$380.7M -6.5% d/d
+13.0% a year
$58.9K 24h
LongsShorts
| Window | Longs liquidated against shorts liquidated | Amount |
|---|---|---|
| 1h | recording | |
| 4h | recording | |
| 24h | $58.9K | |
| 7d | recording |
50% buys, 24h
BuysSells
| Window | Taker buys against taker sells | Amount |
|---|---|---|
| 1h | recording | |
| 4h | recording | |
| 24h | recording | |
| 7d | recording |
57% long, large accounts
No order book depth for this market.
| Venue | Offers 10x | Liquidation | Room | Hold a day |
|---|---|---|---|---|
| MEXC | Yes | $108.46 | −9.5% | −$2.97 |
| Ostium | Yes | $108.52 | −9.5% | $0.00 |
| OKX | Yes | $109.01 | −9.1% | −$0.24 |
| Bitget | Yes | $109.01 | −9.1% | −$5.64 |
| Gate | Yes | $109.01 | −9.1% | $0.00 |
| HTX | Yes | $109.01 | −9.1% | −$12.48 |
| Crypto.com | Yes | $109.01 | −9.1% | +$0.67 |
| Vest Classic | Yes | $110.12 | −8.2% | −$1.37 |
| Vest Markets | Yes | $110.12 | −8.2% | −$1.37 |
| QFEX | Yes | $110.69 | −7.7% | +$0.58 |
| Kraken Futures | Yes | $110.69 | −7.7% | −$12.89 |
| KuCoin | Yes | $110.69 | −7.7% | −$5.07 |
| WhiteBIT | Yes | $110.69 | −7.7% | −$3.00 |
| trade.xyz | Yes | $113.60 | −5.3% | −$6.83 |
| Extended | Yes | $113.60 | −5.3% | −$2.64 |
| Orderly | Yes | $113.60 | −5.3% | −$3.00 |
| Pacifica | Yes | $113.60 | −5.3% | −$3.00 |
| edgeX | Yes | $113.60 | −5.3% | +$13.56 |
| Deribit | Yes | $113.60 | −5.3% | −$2.05 |
| Phemex | Yes | $113.60 | −5.3% | $0.00 |
| Lighter | Yes | $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
Funding spread 96.6% · long edgeX, short Kraken Futures · Price dispersion 219 bps
Dimmed: 8 venues that cap below your 10x.
| Binance · daily | MSTRUSDT | – | – | $76.5M | – | 39% | $220.5M | 2.88x | – | – |
|---|---|---|---|---|---|---|---|---|---|---|
| Bitget | MSTRUSDT | $119.86 | -1.50% | $28.2M | -5.0% | 14% | $43.5M | 1.54x | +20.6% | 50x |
| OKX | MSTR-USDT-SWAP | $119.89 | -1.47% | $20.1M | -4.1% | 10% | $52.2M | 2.59x | +0.9% | 50x |
| trade.xyz | xyz:MSTR | $119.75 | -1.80% | $19.6M | +0.4% | 10.0% | $22.7M | 1.16x | +24.9% | 10x |
| Gate | MSTR_USDT | $119.89 | -1.49% | $15.6M | -5.7% | 8.0% | $10.5M | 0.68x | 0.0% | 50x |
| MEXC | MSTRSTOCK_USDT | $119.85 | -1.50% | $12.3M | -8.5% | 6.3% | $10.7M | 0.87x | +10.8% | 100x |
| WhiteBIT | MSTR_PERP | $120.71 | -0.82% | $9.6M | -2.6% | 4.9% | $825.0K | 0.09x | +10.9% | 20x |
| KuCoin | MSTRUSDTM | $119.86 | -1.54% | $3.0M | -2.9% | 1.5% | $1.3M | 0.44x | +18.5% | 20x |
| Variational | MSTR | $119.88 | -1.32% | $2.1M | +2.6% | 1.1% | $2.2M | 1.08x | +4.5% | – |
| QFEX | MSTR-USD | $119.63 | -1.51% | $1.4M | +0.3% | 0.7% | $1.1M | 0.81x | -2.1% | 20x |
| Lighter | MSTR | $119.75 | -2.05% | $1.3M | -7.9% | 0.7% | $1.4M | 1.02x | +24.5% | 10x |
| Phemex | MSTRUSDT | $119.94 | -1.34% | $1.3M | -7.2% | 0.7% | $1.1M | 0.85x | 0.0% | 10x |
| Kraken Futures | PF_MSTRXUSD | $119.75 | -1.51% | $1.1M | +5.0% | 0.6% | $853.6K | 0.74x | +47.1% | 20x |
| HTX | MSTRX-USDT | $119.92 | -1.45% | $913.6K | -2.6% | 0.5% | $134.4K | 0.15x | +45.6% | 50x |
| Deribit | MSTR_USDC-PERPETUAL | $119.70 | -1.46% | $869.1K | +19.5% | 0.4% | $1.2M | 1.39x | +7.5% | 10x |
| Aster | MSTRUSDT | $119.91 | -1.61% | $748.4K | -29.9% | 0.4% | $3.9M | 5.19x | +21.7% | – |
| Extended | MSTR_24_5-USD | $119.68 | -1.43% | $339.6K | -4.5% | 0.2% | $2.2M | 6.44x | +9.6% | 10x |
| Pacifica | MSTR | $119.74 | -1.49% | $180.1K | +3.4% | <0.1% | $85.0K | 0.47x | +10.9% | 10x |
| Vest Classic | MSTR-USD-PERP | $119.71 | -1.43% | $147.4K | +1.2% | <0.1% | $350.2K | 2.38x | +5.0% | 25x |
| Nado | MSTR-PERP | $119.74 | -1.57% | $138.2K | -0.5% | <0.1% | $18.6K | 0.13x | +6.1% | 3x |
| GRVT | MSTR_USDT_Perp | $119.88 | -1.44% | $108.2K | -7.1% | <0.1% | $1.4M | 12.99x | +19.9% | – |
| Veranta | MSTR/USD | – | – | $97.0K | 0.0% | <0.1% | not published | – | +26.8% | 5x |
| edgeX | MSTRUSDC | $119.74 | -1.47% | $40.5K | +97.6% | <0.1% | $2.1M | 50.82x | -49.5% | 10x |
| Crypto.com | MSTRUSD-PERP | $119.64 | -1.48% | $31.1K | -10.5% | <0.1% | $215.0K | 6.92x | -2.4% | 50x |
| gTrade | MSTR/USD | $122.26 | +1.01% | $24.0K | +1.0% | <0.1% | not published | – | 0.0% | 4x |
| Ostium | MSTR/USD | – | – | $11.4K | +1.0% | <0.1% | not published | – | 0.0% | 50x |
| Orderly | PERP_MSTR_USDC_mythos | $119.71 | -1.50% | $9.9K | -9.0% | <0.1% | $102.4K | 10.34x | +10.9% | 10x |
| Paradex | MSTR-USD-PERP | $119.69 | -1.45% | $527 | -0.8% | <0.1% | $0 | 0.00x | +14.8% | 5x |
| Vest Markets | MSTR-USD-PERP | $119.72 | -1.57% | – | – | – | $60.4K | – | +5.0% | 25x |
| All venues | $119.91 | -1.80% | $195.8M | -4.1% | 100% | $380.7M | 1.95x | +13.0% | 100x |
MSTR funding is +13.0% a year, weighted by open interest across 29 venues, with 96.6% between the highest and lowest venue.
Latest settled +16.8% APR · hourly
Latest settled +9.7% APR · hourly
Latest settled +31.5% APR · hourly
Latest settled 0.0% APR · every 8h
Latest settled +8.1% APR · every 8h
Latest settled +3.5% APR · hourly
Latest settled -1.6% APR · hourly
Latest settled +5.0% APR · hourly
Latest settled +6.0% APR · hourly
Latest settled +10.9% APR · every 8h
Latest settled +9.9% APR · hourly
Latest settled +37.0% APR · hourly
Latest settled 0.0% APR · every 8h
Latest settled +10.9% APR · hourly
Latest settled -64.6% APR · every 4h
Latest settled +5.6% APR · every 8h
Latest settled +11.4% APR · hourly
Latest settled 0.0% APR · hourly
Latest settled 0.0% APR · hourly
Latest settled 0.0% APR · every 8h
Latest settled +15.3% APR · every 8h
Latest settled 0.0% APR · every 8h
Latest settled +1.2% APR · every 8h
Latest settled +11.5% APR · every 8h
Latest settled +4.7% APR · every 8h
Latest settled +0.5% APR · hourly
Latest settled 0.0% APR · every 4h
Latest settled +10.9% APR · every 8h
Latest settled -9.9% APR · hourly
| Venue | Settlements | 7-day avg APR | Lowest | Highest | Longs paid |
|---|---|---|---|---|---|
| Veranta | 166 | +10.3% | -97.4% | +96.0% | 87% of hours |
| trade.xyz | 168 | +5.7% | -432.4% | +101.2% | 88% of hours |
| Lighter | 166 | +10.1% | -381.9% | +75.3% | 92% of hours |
| Aster | 21 | -3.0% | -146.3% | +27.1% | 38% of hours |
| Paradex | 166 | +6.1% | -292.0% | +60.5% | 84% of hours |
| Extended | 166 | +1.1% | -623.7% | +289.1% | 89% of hours |
| QFEX | 166 | -1.1% | -26.3% | +17.5% | 11% of hours |
| Vest Classic | 166 | +4.7% | -5.9% | +8.6% | 97% of hours |
| Vest Markets | 166 | +7.4% | +2.9% | +19.1% | 100% of hours |
| Orderly | 26 | +6.6% | -67.7% | +12.8% | 91% of hours |
| Nado | 166 | +1.6% | -285.6% | +66.2% | 77% of hours |
| Kraken Futures | 166 | +13.1% | -347.5% | +137.6% | 76% of hours |
| Variational | 166 | -1.3% | -220.7% | +34.5% | 34% of hours |
| Pacifica | 166 | +5.2% | -614.6% | +82.9% | 98% of hours |
| edgeX | 46 | -6.6% | -109.2% | +96.9% | 47% of hours |
| GRVT | 26 | +7.0% | -134.8% | +38.8% | 62% of hours |
| Aevo | 163 | +8.2% | -107.7% | +11.4% | 95% of hours |
| gTrade | 166 | 0.0% | 0.0% | 0.0% | 0% of hours |
| Ostium | 166 | 0.0% | 0.0% | 0.0% | 0% of hours |
| OKX | 26 | -1.9% | -113.3% | +17.0% | 51% of hours |
| Bitget | 26 | +12.3% | -97.7% | +45.7% | 77% of hours |
| Gate | 26 | +0.4% | -33.1% | +30.8% | 9% of hours |
| MEXC | 26 | +1.5% | -141.0% | +29.6% | 57% of hours |
| HTX | 26 | +16.3% | 0.0% | +41.2% | 72% of hours |
| KuCoin | 26 | +4.6% | -111.4% | +40.5% | 45% of hours |
| Deribit | 166 | +15.5% | -79.6% | +63.1% | 72% of hours |
| Phemex | 43 | 0.0% | 0.0% | 0.0% | 0% of hours |
| WhiteBIT | 166 | +10.8% | -37.1% | +231.2% | 69% of hours |
| Crypto.com | 164 | -35.9% | -255.6% | +89.9% | 43% of hours |
MSTR open interest is $195.8M across 29 venues.
Current price $118.74. Hover or use the arrow keys to read a level.
| Price range | Longs | Shorts |
|---|---|---|
| $113.99 to $114.28 | $816.4K | $0 |
| $106.86 to $107.16 | $261.0K | $0 |
| $114.28 to $114.58 | $225.2K | $0 |
| $107.16 to $107.46 | $159.2K | $0 |
| $127.64 to $127.94 | $0 | $83.5K |
| $127.05 to $127.34 | $0 | $61.6K |
| $114.88 to $115.17 | $47.2K | $0 |
| $129.72 to $130.01 | $0 | $44.4K |
| $111.61 to $111.91 | $37.8K | $0 |
| $109.83 to $110.13 | $18.9K | $0 |
| $129.42 to $129.72 | $0 | $18.3K |
| $112.50 to $112.80 | $14.8K | $0 |
249 accounts on trade.xyz · $14.0M long · $14.0M short · Nov 11, 23:00 UTC
MSTR long and short liquidations by venue.
$380.7M of MSTR traded in the last 24 hours across 29 venues.
| Window | Taker buys | Taker sells | Net | Buy share |
|---|---|---|---|---|
| 1 hour | $3.2M | $2.9M | +$241.8K | 52% |
| 4 hours | $7.0M | $6.6M | +$455.0K | 52% |
| 12 hours | $32.5M | $30.2M | +$2.3M | 52% |
| 24 hours | $41.4M | $41.1M | +$269.6K | 50% |
| 3 days | $133.7M | $136.4M | −$2.7M | 50% |
| 7 days | $231.4M | $240.5M | −$9.1M | 49% |
Trades over $100K · liquidations over $10K
| Time | Venue | Trade | Size | Price |
|---|---|---|---|---|
| Nov 11, 22:48 UTC | OKX | Long liquidated | $12.0K | $120.16 |
| Nov 11, 22:28 UTC | OKX | Long liquidated | $39.4K | $121.43 |
| Nov 11, 22:16 UTC | trade.xyz | Taker buy | $119.3K | $121.77 |
| Nov 11, 22:16 UTC | trade.xyz | Taker sell | $115.3K | $121.65 |
| Nov 11, 22:02 UTC | trade.xyz | Taker buy | $150.3K | $122.07 |
| Nov 11, 22:02 UTC | trade.xyz | Taker buy | $279.9K | $121.80 |
| Nov 11, 22:01 UTC | trade.xyz | Taker buy | $183.6K | $121.24 |
| Nov 11, 22:00 UTC | trade.xyz | Taker sell | $152.8K | $120.88 |
| Nov 11, 22:00 UTC | trade.xyz | Taker buy | $112.2K | $121.00 |
| Nov 11, 22:00 UTC | trade.xyz | Taker sell | $170.3K | $120.94 |
Loading the latest MSTR headlines.
| When | Venue | Change |
|---|---|---|
| Oct 23, 2026 to Nov 11, 2026 | gTrade MSTR/USD | Max leverage moves between 4x and 50x (29 changes), now 4x |
| Oct 23, 2026 to Nov 11, 2026 | Veranta MSTR/USD | Max leverage moves between 5x and 10x (19 changes), now 5x |
| Oct 28, 2026 | QFEX MSTR-USD | Max leverage changed from 10.0x to 20.0x |
| Oct 27, 2026 | Polymarket Perps MSTR-USD | Delisted |