PERPETUAL MARKET · 6 VENUES

MSTR market overview.

Live MSTR perpetual price, funding, and open interest on Hyperliquid, Bybit, OKX, RISEx, Lighter, and BloFin, recent MSTR liquidations and whale trades on Hyperliquid, plus the latest MSTR headlines.

MSTR$100.14 on OKX$142.02M 24h volume$63.04M open interest
Trade MSTROpen MSTR in Proliquid with news, charts, and advanced orders.

MSTR funding and open interest

Funding detail
MSTR price, funding, and open interest by exchange
ExchangeMark price8h fundingAnnualizedOpen interest24h volume
OKX$100.14+0.1024%+112.10%$17.37M$62.73M
Bybit$100.12+0.1349%+147.74%$17.64M$40.24M
Hyperliquid$100.05-0.0121%-13.25%$27.08M$33.24M
Lighter$100.09+0.0032%+3.50%$750.74K$3.49M
RISEx$100.270.0000%0.00%$197K$1.62M
BloFin$100.16+0.1104%+120.92%—$682.52K

Updated . Prices and rates refresh about once a minute on page load. Funding is normalized to 8 hours so venues with different intervals compare fairly.

Recent MSTR liquidations

Liquidation map
Recent MSTR liquidations on Hyperliquid
Time (UTC)ActionSizePriceRealized PnL
Close Long$4M$96.59-$1.53M
Close Long$1M$96.98-$377.24K

1,218 open positions. Nearest liquidation: 3.85% below price for longs, 3.72% above price for shorts.

Recent MSTR whale trades

Whale positions
Recent large MSTR trades on Hyperliquid
Time (UTC)ActionSizePriceRealized PnL
No MSTR whale trades in the current window.

Updated . Trades and liquidations appear five minutes after they fill.

THE NEWS DESK

Latest MSTR news

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Public preview · 5-minute delayGo live

STRATEGY ($MSTR ) BUYS 811 BITCOIN, REPURCHASES $208 MILLION IN PREFERRED SHARES

Strategy acquired 811 BTC for $65.5 million at an average price of $80,846 per Bitcoin, bringing total holdings to 849,327 BTC. The company also sold 1.18 million MSTR shares, raising $164 million, with $98.5 million allocated to USD Cash. Strategy repurchased $208.2 million of STRC preferred shares during the week. Its USD Reserve stands at $4.79 billion,…

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Proliquid fees to trade MSTR

Compare fees
Proliquid fee by venue for MSTR
ExchangeProliquid fee
HyperliquidFrom 0.02% (2 bps)Proliquid builder fee of 0.02% (2 bps) at VIP0, down to 0.005% (0.5 bps) at VIP4. Hyperliquid trading fees are separate.
Bybit$0 Proliquid feeProliquid adds no fee on Bybit. Bybit trading fees apply.
OKX$0 Proliquid feeProliquid adds no fee on OKX. OKX trading fees apply.
RISExVolume-based Proliquid feeA volume-based Proliquid fee applies on RISEx. RISEx trading fees are separate.
LighterVolume-based Proliquid feeA volume-based Proliquid fee applies on Lighter. Lighter trading fees are separate.
BloFin$0 Proliquid feeProliquid adds no fee on BloFin. BloFin trading fees apply.

No subscription. Exchange trading fees are always separate.

THE PROLIQUID TERMINAL

Trade MSTR.
One terminal, 9 exchanges.

Proliquid connects Hyperliquid, Binance, Bybit, OKX, BloFin, RISEx, Lighter, Extended, and TXFlow. Open MSTR with live news matched to the market, charts, funding, and advanced orders in one workspace. Your keys and wallet stay on your device.

  • News, signals, and charts beside the order form
  • TWAP, chase, iceberg, and scale orders
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READ THE MARKET

How to read MSTR perpetuals

The mark price is each venue's fair price for the MSTR perpetual and drives unrealized PnL and liquidations. Funding keeps the perpetual near its index: positive funding means longs pay shorts, negative funding means shorts pay longs. Open interest is the value of positions still open, so rising open interest with a rising price means new money is joining the move.

Large liquidations and whale fills show where leverage was flushed and where size is entering. Read them next to funding and the news flow before you size a trade.

Which MSTR price does this page show?

The headline price is the mark price of the MSTR perpetual on the venue with the most 24-hour volume. Each venue row lists its own mark, funding rate, open interest, and volume, refreshed about once a minute when the page loads.

What does Proliquid charge to trade MSTR?

Proliquid builder fee of 0.02% (2 bps) at VIP0, down to 0.005% (0.5 bps) at VIP4. Hyperliquid trading fees are separate. Proliquid adds no fee on Bybit. Bybit trading fees apply. Proliquid adds no fee on OKX. OKX trading fees apply. A volume-based Proliquid fee applies on RISEx. RISEx trading fees are separate. A volume-based Proliquid fee applies on Lighter. Lighter trading fees are separate. Proliquid adds no fee on BloFin. BloFin trading fees apply. Proliquid has no subscription.

Where do the MSTR liquidations and whale trades come from?

Liquidations and whale trades come from public Hyperliquid fills, shown with a five-minute delay. Wallet addresses are not listed on this page. The Proliquid whale tracker streams the same fills live.

How current is the MSTR news?

Headlines come from the Proliquid news engine's Important feed and appear here five minutes after publication. The news engine shows them live, matched to the markets they move.