MELANIA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0168%/8h= +18.4% APRnext payment +$0.84 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against Binance−0.093%7-day average −0.013% · you buy dearer than you sell

Net, funding: paid 7d − costs−$113as in the Funding arb table

Net, price: spread back to 7d avg − costs−$115as in the Price arb table

costs, in and out, $10k−$1071.066% of the position

Long on Binance Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.067%−$7 on $10k

Price spread, last 7 days−0.089%−$9 · spread now −0.093%, 7d avg −0.013%

Together, before fees−0.157%−$16 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bybit is 0.080% cheaper against Binance than usual: you would sell low and buy high (spread −0.093% now, against its 7-day average of −0.013%). If the spread goes back, that is −$8 on $10k: about 38 hours of funding at the current rate (+$5 a day). Mind the row above: over the last 7 days funding on this pair cost −0.067%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance MELANIAUSDT	0.1072	0.0100	pay 0.0050% / 4h	2h 45m	$3.0M	$2.9M	75x
Short	Bybit MELANIAUSDT	0.1071	0.0268	get 0.0134% / 4h	2h 45m	$1.4M	$632K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.093%Rate

Funding earned: $35.22
Price spread: −0.093% → −0.013%: −$8.02
Slippage, 4 orders: −$85.63
Fee Binance: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$79.44
Costs to cover: 1.066%
Break-even: 22.8 days

Slippage from Binance: live order book, 5 min ago; Bybit: live order book, 1 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, 5 min ago	3.72 bp	24.8 bp −$25	114.0 bp −$1,140	doesn't fit	doesn't fit
Sell Bybit live order book, 1 min ago	5.13 bp	24.2 bp −$24	137.1 bp −$1,371	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
Kraken Futures PF_MELANIAUSD	−0.0956%	1h	0.1071	−0.148%	$25K	$2K	10x	as long as short
BloFin MELANIA-USDT	+0.0064%	4h	0.1074	+0.112%	$199K	$5K	75x	as long as short
Hyperliquid MELANIA	+0.0100%	1h	0.1071	−0.093%	$1.6M	$187K	3x	as long as short
Binance MELANIAUSDTlong	+0.0100%	4h	0.1072	long leg	$3.0M	$2.9M	75x
Gate MELANIA_USDT	+0.0100%	4h	0.1069	−0.364%	$417K	$64K	50x	as long as short
MEXC MELANIA_USDT	+0.0100%	4h	0.1072	0.000%	$1.2M	$133K	100x	as long as short
KuCoin MELANIAUSDTM	+0.0100%	4h	0.1069	−0.317%	$381K	$889K	30x	as long as short
Bitget MELANIAUSDT	+0.0100%	4h	0.1070	−0.214%	$938K	$189K	50x	as long as short
Variational Omni MELANIA	+0.0100%	4h	0.1072	−0.027%	$111K	$1K	—	as long as short
Aevo MELANIA-PERP	+0.0104%	1h	0.1072	−0.036%	$245K	—	3x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit MELANIAUSDTshort	+0.0268%	4h	0.1071	−0.093%	$1.4M	$632K	20x
BingX MELANIA-USDT	+0.0360%	4h	0.1072	+0.009%	—	$1.5M	—	as long as short
Aster MELANIAUSDT	+0.0618%	4h	0.1070	−0.248%	$21K	$14K	5x	as long as short