MSTRX arbitrage

live

Live MicroStrategy xStock price differences between exchanges: perpetual, spot and DEX spreads after fees, with funding and depth.

Best net spread-0.19%KuCoin → HTX · Spot–Perp

Best perp–perp spread—no perp pair

Markets tracked33 venues · 1 perp · 2 spot · 0 DEX

Price range0.07%$154.28 – $154.39

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart

No venue pairs for this coin in this mode right now.

Long = where you buy, Short = where you sell. Net subtracts a two-leg taker fee model; Spread+F adds the next funding payment.Updates every 15 seconds. Not investment advice.

MSTRX price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h

KuCoinSpot · MSTRX-USDTSpot $154.22$154.33$154.28-0.03% —$1.18M

HTXPerpetual · MSTRX-USDTPerpetual $154.35$154.43$154.39+0.05% 0.000%$439.2K

GateSpot · MSTRX_USDTSpot $154.29$154.34$154.320.00% —$267.8K

Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

MSTRX arbitrage explained

Right now MicroStrategy xStock (MSTRX) trades on 3 venues we scan: 1 perpetual market, 2 spot markets and 0 DEX pools. The lowest ask is on KuCoin spot at $154.33 and the highest bid on HTX perp at $154.35.

For a spot–perpetual (cash-and-carry) trade, the best MSTRX route is to buy spot on KuCoin and short the perpetual on HTX: +0.01% gross, -0.19% net.

Spot–spot MSTRX arbitrage (buy on KuCoin, withdraw, deposit and sell on Gate) shows -0.03% gross right now. It only works if withdrawals on the buying exchange and deposits on the selling exchange are open, so check the D/W dots before moving coins.

Small MSTRX gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.

Is there a MSTRX arbitrage opportunity right now?

The best MSTRX route right now is to buy on KuCoin spot → sell on HTX (Spot–Perp): +0.01% gross and -0.19% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest MSTRX?

KuCoin (spot) has the lowest MSTRX ask at $154.33, and HTX (perp) the highest bid at $154.35. Prices update every 15 seconds on this page.

How many exchanges list MSTRX?

ArbiLayer tracks 3 MSTRX markets on 3 venues: 1 perpetual, 2 spot and 0 DEX pools.

How do I arbitrage MSTRX without transferring coins?

Open a long perpetual on the cheaper exchange and a short on the more expensive one, then close both when the prices converge. MSTRX currently has fewer than two perpetual venues in the scanner.

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