MELANIA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0016%/8h= +1.7% APRnext payment +$0.08 per $10,000 · paid last 24h −0.002%

Price spread now: Binance against BloFin+0.042%91s7-day average −0.016% · you sell dearer than you buy

Net, funding: paid 7d − costs−$127as 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−$1281.276% of the position

Long on BloFin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.010%+$1 on $10k

Price spread, last 3 days (all we have)+0.279%+$28 · spread now +0.042%, 7d avg −0.016%

Together, before fees+0.288%+$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 Binance is 0.058% dearer against BloFin than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.016%. The two prices were read 91 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	BloFin MELANIA-USDT	0.1075	0.0084	pay 0.0042% / 4h	2h 01m	$197K	$6K	75x
Short	Binance MELANIAUSDT	0.1075	0.0100	get 0.0050% / 4h	2h 01m	$2.9M	$3.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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 BloFinbpFee BinancebpOrdersPrice spread, now +0.042%Rate

Funding earned: $3.29
Price spread: +0.042% → −0.016%: $5.77
Slippage, 4 orders: −$105.56
Fee BloFin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$118.5
Costs to cover: 1.276%
Break-even: 259.5 days

Slippage from BloFin: live order book, 13 min ago; Binance: live order book, 4 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 BloFin live order book, 13 min ago	2.31 bp	29.7 bp −$30	105.5 bp −$1,055	doesn't fit	doesn't fit
Sell Binance live order book, 4 min ago	3.26 bp	34.1 bp −$34	110.0 bp −$1,100	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	−0.0952%	1h	0.1076	+0.085%	$25K	$3K	10x	as long as short
BloFin MELANIA-USDTlong	+0.0084%	4h	0.1075	long leg	$197K	$6K	75x
Hyperliquid MELANIA	+0.0100%	1h	0.1075	+0.047%	$1.7M	$199K	3x	as long as short
Binance MELANIAUSDTshort	+0.0100%	4h	0.1075	+0.042%	$2.9M	$3.0M	75x
Gate MELANIA_USDT	+0.0100%	4h	0.1075	−0.037%	$418K	$67K	50x	as long as short
MEXC MELANIA_USDT	+0.0100%	4h	0.1076	+0.056%	$1.2M	$138K	100x	as long as short
KuCoin MELANIAUSDTM	+0.0100%	4h	0.1074	−0.084%	$390K	$838K	30x	as long as short
Bitget MELANIAUSDT	+0.0100%	4h	0.1076	+0.084%	$961K	$207K	50x	as long as short
Variational Omni MELANIA	+0.0100%	4h	0.1074	−0.116%	$111K	$1K	—	as long as short
Aevo MELANIA-PERP	+0.0104%	1h	0.1078	+0.285%	$246K	—	3x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit MELANIAUSDT	+0.0223%	4h	0.1076	+0.074%	$1.5M	$651K	20x	as long as short
BingX MELANIA-USDT	+0.0278%	4h	0.1076	+0.074%	—	$1.5M	—	as long as short
Aster MELANIAUSDT	+0.0652%	4h	0.1075	+0.023%	$20K	$16K	5x	as long as short