MELANIA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0100%/8h= −11.0% APRnext payment −$0.50 per $10,000 · paid last 24h +0.001%

Price spread now: BloFin against BingX+0.046%7-day average −0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$111as in the Funding arb table

Net, price: spread back to 7d avg − costs−$105as in the Price arb table

costs, in and out, $10k−$1101.100% of the position

Long on BingX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.005%−$1 on $10k

Price spread, last 3 days (all we have)−0.210%−$21 · spread now +0.046%, 7d avg −0.004%

Together, before fees−0.215%−$22 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.049% dearer against BingX than usual: you sell high and buy low (spread +0.046% now, against its 7-day average of −0.004%): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 39 hours. At the pace of the last 7 days (−0.005% in total) that is about 2 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX MELANIA-USDT	0.1094	0.0152	pay 0.0076% / 4h	3h 10m	—	$1.5M	—
Short	BloFin MELANIA-USDT	0.1094	0.0052	get 0.0026% / 4h	3h 10m	$197K	$6K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against BingX. 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 BingXbpFee BloFinbpOrdersPrice spread, now +0.046%Rate

Funding earned: −$21.06
Price spread: +0.046% → −0.004%: $4.95
Slippage, 4 orders: −$88.03
Fee BingX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$126.15
Costs to cover: 1.100%
Break-even: never at this rate

Slippage from BingX: live order book, 6 min ago; BloFin: live order book, 54 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 BingX live order book, 6 min ago	5.95 bp	28.6 bp −$29	121.9 bp −$1,219	582.3 bp −$58.2K	814.0 bp −$407.0K
Sell BloFin live order book, 54 min ago	1.37 bp	30.3 bp −$30	87.6 bp −$876	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	+0.0052%	4h	0.1094	+0.046%	$197K	$6K	75x
Hyperliquid MELANIA	+0.0100%	1h	0.1092	−0.119%	$1.7M	$199K	3x	as long as short
Binance MELANIAUSDT	+0.0100%	4h	0.1093	−0.033%	$3.0M	$3.0M	75x	as long as short
Bybit MELANIAUSDT	+0.0100%	4h	0.1094	+0.027%	$1.5M	$658K	20x	as long as short
Gate MELANIA_USDT	+0.0100%	4h	0.1090	−0.347%	$417K	$57K	50x	as long as short
MEXC MELANIA_USDT	+0.0100%	4h	0.1094	−0.027%	$1.2M	$137K	100x	as long as short
KuCoin MELANIAUSDTM	+0.0100%	4h	0.1093	−0.073%	$420K	$1.1M	30x	as long as short
Bitget MELANIAUSDT	+0.0100%	4h	0.1090	−0.357%	$956K	$205K	50x	as long as short
Variational Omni MELANIA	+0.0100%	4h	0.1094	+0.029%	$113K	$590	—	as long as short
Aevo MELANIA-PERP	+0.0104%	1h	0.1095	+0.110%	$250K	—	3x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX MELANIA-USDTlong	+0.0152%	4h	0.1094	long leg	—	$1.5M	—
Aster MELANIAUSDT	+0.0739%	4h	0.1090	−0.325%	$21K	$16K	5x	as long as short
Kraken Futures PF_MELANIAUSD	+0.0972%	1h	0.1094	+0.043%	$25K	$3K	10x	as long as short