ArbiLayer

MSTRX arbitrage

live

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

Best net spread-0.13%Gate → HTX · Spot–Perp
Best perp–perp spread—no perp pair
Markets tracked33 venues · 1 perp · 2 spot · 0 DEX
Price range0.11%$153.21 – $153.38

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
KuCoin logoKuCoinSpot · MSTRX-USDTSpot $153.17$153.26$153.21-0.01% —$2.00M
HTX logoHTXPerpetual · MSTRX-USDTPerpetual $153.35$153.41$153.38+0.10% 0.000%$527.1K
Gate logoGateSpot · MSTRX_USDTSpot $153.21$153.24$153.230.00% —$253.4K
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 Gate spot at $153.24 and the highest bid on HTX perp at $153.35.

For a spot–perpetual (cash-and-carry) trade, the best MSTRX route is to buy spot on Gate and short the perpetual on HTX: +0.07% gross, -0.13% 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.

Related: MSTRX funding rates · MSTRX spread charts · MicroStrategy xStock price · arbitrage scanner for all coins.

Is there a MSTRX arbitrage opportunity right now?

The best MSTRX route right now is to buy on Gate spot → sell on HTX (Spot–Perp): +0.07% gross and -0.13% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest MSTRX?

Gate (spot) has the lowest MSTRX ask at $153.24, and HTX (perp) the highest bid at $153.35. 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.

Arbitrage for other coins