MELANIA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0020%/8h= −2.2% APRnext payment −$0.10 per $10,000 · paid last 24h +0.005%

Price spread now: BloFin against Binance−0.070%7-day average +0.010% · you buy dearer than you sell

Net, funding: paid 7d − costs−$115as in the Funding arb table

Net, price: spread back to 7d avg − costs−$123as in the Price arb table

costs, in and out, $10k−$1151.147% of the position

Long on Binance Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.006%−$1 on $10k

Price spread, last 4 days (all we have)−0.031%−$3 · spread now −0.070%, 7d avg +0.010%

Together, before fees−0.037%−$4 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.080% cheaper against Binance than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.010%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance MELANIAUSDT	0.1087	0.0100	pay 0.0050% / 4h	1h 34m	$2.9M	$3.4M	75x
Short	BloFin MELANIA-USDT	0.1086	0.0080	get 0.0040% / 4h	1h 34m	$191K	$5K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BinancebpFee BloFinbpOrdersPrice spread, now −0.070%Rate

Funding earned: −$4.22
Price spread: −0.070% → +0.010%: −$7.99
Slippage, 4 orders: −$92.75
Fee Binance: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$126.96
Costs to cover: 1.147%
Break-even: never at this rate

Slippage from Binance: live order book, 16 min ago; BloFin: live order book, 40 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 16 min ago	5.05 bp	31.2 bp −$31	122.9 bp −$1,229	doesn't fit	doesn't fit
Sell BloFin live order book, 40 min ago	0.92 bp	27.9 bp −$28	71.4 bp −$714	doesn't fit	doesn't fit

MELANIA on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin MELANIA-USDTshort	+0.0080%	4h	0.1086	−0.070%	$191K	$5K	75x
Hyperliquid MELANIA	+0.0100%	1h	0.1086	−0.097%	$1.7M	$224K	3x	as long as short
Binance MELANIAUSDTlong	+0.0100%	4h	0.1087	long leg	$2.9M	$3.4M	75x
Bybit MELANIAUSDT	+0.0100%	4h	0.1087	−0.005%	$1.5M	$849K	20x	as long as short
Gate MELANIA_USDT	+0.0100%	4h	0.1086	−0.152%	$405K	$121K	50x	as long as short
MEXC MELANIA_USDT	+0.0100%	4h	0.1087	+0.004%	$1.2M	$139K	100x	as long as short
KuCoin MELANIAUSDTM	+0.0100%	4h	0.1085	−0.208%	$407K	$1.9M	30x	as long as short
Bitget MELANIAUSDT	+0.0100%	4h	0.1088	+0.050%	$933K	$238K	50x	as long as short
BingX MELANIA-USDT	+0.0100%	4h	0.1087	+0.022%	—	$1.5M	—	as long as short
Variational Omni MELANIA	+0.0100%	4h	0.1087	+0.019%	$112K	$672	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aevo MELANIA-PERP	+0.0104%	1h	0.1085	−0.208%	$248K	—	3x	as long as short
Aster MELANIAUSDT	+0.0823%	4h	0.1087	−0.043%	$21K	$17K	5x	as long as short
Kraken Futures PF_MELANIAUSD	+0.1442%	1h	0.1086	−0.109%	$25K	$3K	10x	as long as short