Funding you earn now, next payment 00:00 UTC−0.0336%/8h= −36.8% APRnext payment −$1.68 per $10,000 · paid last 24h −0.001%
Price spread now: Variational Omni against BingX+0.330%7-day average +0.016% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.005%$0 on $10k
+Price spread, last 3 days (all we have)−0.128%−$13 · spread now +0.330%, 7d avg +0.016%
=Together, before fees−0.133%+ Points / potential airdropVariational Omni: Active · farm board−$13 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.314% dearer against BingX than usual: you sell high and buy low (spread +0.330% now, against its 7-day average of +0.016%): +$31 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 3.1 days. At the pace of the last 3 days (−0.005% in total) that is about 7 months.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.005% in total (about -0.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.68 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX MELANIA-USDT | 0.1075 | 0.0436 | pay 0.0218% / 4h | 2h 50m | — | $1.5M | — |
| Short | Variational Omni MELANIA | 0.1078 | 0.0100 | get 0.0050% / 4h | 2h 50m | $112K | $1K | — |
BingX MELANIA-USDT
Variational Omni MELANIAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against BingX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$70.56
- Price spread: +0.330% → +0.016%
- $31.38
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$49.18
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: BingX: live order book, 11 min ago; Variational Omni: RFQ quote, 38 min ago. Net counts fees only.
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, 11 min ago | 3.71 bp | 27.1 bp −$27 | 106.1 bp −$1,061 | 399.5 bp −$39.9K | 574.6 bp −$287.3K |
| Sell Variational Omni RFQ quote, 38 min ago | 13.96 bp | doesn't fit | 134.9 bp −$1,349 | 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 | −0.0958% | 1h | 0.1069 | −0.472% | $24K | $2K | 10x | as long as short |
| Hyperliquid MELANIA | +0.0100% | 1h | 0.1074 | −0.065% | $1.6M | $187K | 3x | as long as short |
| Binance MELANIAUSDT | +0.0100% | 4h | 0.1074 | −0.063% | $3.0M | $2.9M | 75x | as long as short |
| Gate MELANIA_USDT | +0.0100% | 4h | 0.1071 | −0.326% | $418K | $64K | 50x | as long as short |
| MEXC MELANIA_USDT | +0.0100% | 4h | 0.1074 | −0.056% | $1.2M | $133K | 100x | as long as short |
| KuCoin MELANIAUSDTM | +0.0100% | 4h | 0.1071 | −0.326% | $384K | $899K | 30x | as long as short |
| Bitget MELANIAUSDT | +0.0100% | 4h | 0.1072 | −0.214% | $946K | $189K | 50x | as long as short |
| Variational Omni MELANIAshort | +0.0100% | 4h | 0.1078 | +0.330% | $112K | $1K | — | |
| Aevo MELANIA-PERP | +0.0104% | 1h | 0.1072 | −0.248% | $245K | — | 3x | as long as short |
| BloFin MELANIA-USDT | +0.0130% | 4h | 0.1073 | −0.130% | $198K | $5K | 75x | as long as short |
Kraken Futures PF_MELANIAUSD
Hyperliquid MELANIA
Binance MELANIAUSDT
Gate MELANIA_USDT
MEXC MELANIA_USDT
KuCoin MELANIAUSDTM
Bitget MELANIAUSDT
Aevo MELANIA-PERP
BloFin MELANIA-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit MELANIAUSDT | +0.0370% | 4h | 0.1073 | −0.130% | $1.4M | $630K | 20x | as long as short |
| BingX MELANIA-USDTlong | +0.0436% | 4h | 0.1075 | long leg | — | $1.5M | — | |
| Aster MELANIAUSDT | +0.0632% | 4h | 0.1071 | −0.302% | $21K | $14K | 5x | as long as short |
Bybit MELANIAUSDT
Aster MELANIAUSDT