MELANIA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0260%/8h= +28.5% APRnext payment +$1.30 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against Bitget+0.055%7-day average −0.059% · you sell dearer than you buy

Net, funding: paid 7d − costs−$494as in the Funding arb table

Net, price: spread back to 7d avg − costs−$500as in the Price arb table

costs, in and out, $10k−$5115.111% of the position

Long on Bitget Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.169%+$17 on $10k

Price spread, last 4 days (all we have)−0.269%−$27 · spread now +0.055%, 7d avg −0.059%

Together, before fees−0.100%−$10 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and KuCoin is 0.114% dearer against Bitget than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.059%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.169% in total (about 8.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.30 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	Bitget MELANIAUSDT	0.1097	0.0100	pay 0.0050% / 4h	25m 00s	$946K	$232K	50x
Short	KuCoin MELANIAUSDTM	0.1098	0.0360	get 0.0180% / 4h	25m 00s	$449K	$1.5M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.055%Rate

Funding earned: $54.6
Price spread: +0.055% → −0.059%: $11.41
Slippage, 4 orders: −$487.1
Fee Bitget: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$445.09
Costs to cover: 5.111%
Break-even: 64.1 days

Slippage from Bitget: live order book, 31 min ago; KuCoin: live order book, 6 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, 31 min ago	8.21 bp	100.5 bp −$100	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 6 min ago	13.64 bp	153.9 bp −$154	doesn't fit	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-USDT	+0.0081%	4h	0.1099	+0.137%	$197K	$6K	75x	as long as short
Hyperliquid MELANIA	+0.0100%	1h	0.1097	−0.073%	$1.7M	$196K	3x	as long as short
Binance MELANIAUSDT	+0.0100%	4h	0.1098	+0.020%	$3.0M	$3.2M	75x	as long as short
Bybit MELANIAUSDT	+0.0100%	4h	0.1098	+0.073%	$1.5M	$778K	20x	as long as short
Gate MELANIA_USDT	+0.0100%	4h	0.1093	−0.392%	$409K	$101K	50x	as long as short
MEXC MELANIA_USDT	+0.0100%	4h	0.1098	+0.018%	$1.2M	$136K	100x	as long as short
Bitget MELANIAUSDTlong	+0.0100%	4h	0.1097	long leg	$946K	$232K	50x
BingX MELANIA-USDT	+0.0100%	4h	0.1098	+0.027%	—	$1.5M	—	as long as short
Variational Omni MELANIA	+0.0100%	4h	0.1098	+0.041%	$113K	$672	—	as long as short
Aevo MELANIA-PERP	+0.0104%	1h	0.1087	−0.936%	$249K	—	3x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin MELANIAUSDTMshort	+0.0360%	4h	0.1098	+0.055%	$449K	$1.5M	30x
Aster MELANIAUSDT	+0.0681%	4h	0.1096	−0.164%	$21K	$15K	5x	as long as short
Kraken Futures PF_MELANIAUSD	+0.1747%	1h	0.1097	−0.010%	$25K	$3K	10x	as long as short