MELANIA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0012%/8h= +1.3% APRnext payment +$0.06 per $10,000 · paid last 24h +0.002%

Price spread now: BloFin against Bitget+0.129%75s7-day average +0.027% · you sell dearer than you buy

Net, funding: paid 7d − costs−$123as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1291.289% of the position

Long on Bitget Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.055%+$6 on $10k

Price spread, last 3 days (all we have)−0.349%−$35 · spread now +0.129%, 7d avg +0.027%

Together, before fees−0.294%−$29 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and BloFin is 0.102% dearer against Bitget than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.027%. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget MELANIAUSDT	0.1083	0.0100	pay 0.0050% / 4h	1h 22m	$962K	$210K	50x
Short	BloFin MELANIA-USDT	0.1084	0.0112	get 0.0056% / 4h	1h 22m	$196K	$6K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Bitget. 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 BitgetbpFee BloFinbpOrdersPrice spread, now +0.129%Rate

Funding earned: $2.54
Price spread: +0.129% → +0.027%: $10.22
Slippage, 4 orders: −$104.89
Fee Bitget: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$116.13
Costs to cover: 1.289%
Break-even: 327.1 days

Slippage from Bitget: live order book, 59 min ago; BloFin: live order book, 53 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 Bitget live order book, 59 min ago	6.05 bp	39.3 bp −$39	140.3 bp −$1,403	doesn't fit	doesn't fit
Sell BloFin live order book, 53 min ago	2.31 bp	38.7 bp −$39	103.0 bp −$1,030	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	+0.0072%	1h	0.1082	−0.041%	$25K	$3K	10x	as long as short
Hyperliquid MELANIA	+0.0100%	1h	0.1082	−0.065%	$1.7M	$201K	3x	as long as short
Binance MELANIAUSDT	+0.0100%	4h	0.1083	+0.008%	$3.0M	$3.0M	75x	as long as short
Gate MELANIA_USDT	+0.0100%	4h	0.1081	−0.194%	$420K	$64K	50x	as long as short
MEXC MELANIA_USDT	+0.0100%	4h	0.1083	−0.009%	$1.2M	$136K	100x	as long as short
KuCoin MELANIAUSDTM	+0.0100%	4h	0.1082	−0.083%	$393K	$885K	30x	as long as short
Bitget MELANIAUSDTlong	+0.0100%	4h	0.1083	long leg	$962K	$210K	50x
Variational Omni MELANIA	+0.0100%	4h	0.1083	−0.017%	$112K	$895	—	as long as short
Aevo MELANIA-PERP	+0.0104%	1h	0.1083	−0.014%	$248K	—	3x	as long as short
Bybit MELANIAUSDT	+0.0111%	4h	0.1084	+0.065%	$1.5M	$668K	20x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin MELANIA-USDTshort	+0.0112%	4h	0.1084	+0.129%	$196K	$6K	75x
BingX MELANIA-USDT	+0.0140%	4h	0.1083	+0.046%	—	$1.5M	—	as long as short
Aster MELANIAUSDT	+0.0526%	4h	0.1081	−0.129%	$20K	$16K	5x	as long as short