MSTRX arbitrage

live

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

Best net spread-0.17%Gate → HTX · Spot–Perp

Best perp–perp spread—no perp pair

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

Price range0.08%$155.11 – $155.23

Spreads between exchanges

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

Gatespot$155.14

KuCoinspot$155.06 -0.05%-0.25% -0.05%— 0.000%— LS Chart →

KuCoinspot$155.27

Gatespot$155.07 -0.13%-0.33% -0.13%— 0.000%— LS Chart →

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 $155.06$155.27$155.170.00% —$2.45M

HTXPerpetual · MSTRX-USDTPerpetual $155.19$155.26$155.23+0.04% 0.000%$603.0K

GateSpot · MSTRX_USDTSpot $155.07$155.14$155.11-0.04% —$239.1K

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 $155.14 and the highest bid on HTX perp at $155.19.

For a spot–perpetual (cash-and-carry) trade, the best MSTRX route is to buy spot on Gate and short the perpetual on HTX: +0.03% gross, -0.17% net.

Spot–spot MSTRX arbitrage (buy on Gate, withdraw, deposit and sell on KuCoin) shows -0.05% 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 Gate spot → sell on HTX (Spot–Perp): +0.03% gross and -0.17% 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 $155.14, and HTX (perp) the highest bid at $155.19. 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

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