MELANIA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h −0.002%

Price spread now: Bitget against BloFin−0.384%95s7-day average −0.028% · you buy dearer than you sell

Net, funding: paid 7d − costs−$132as 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−$1271.267% of the position

Long on BloFin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.057%−$6 on $10k

Price spread, last 3 days (all we have)+0.512%+$51 · spread now −0.384%, 7d avg −0.028%

Together, before fees+0.455%+$45 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bitget is 0.356% cheaper against BloFin than usual: you would sell low and buy high (spread −0.384% now, against its 7-day average of −0.028%). If the spread goes back, that is −$36 on $10k: about 40 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.057%, so the current rate has only just turned in your favour. The two prices were read 95 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	0.1094	0.0070	pay 0.0035% / 4h	3h 13m	$197K	$6K	75x
Short	Bitget MELANIAUSDT	0.1090	0.0100	get 0.0050% / 4h	3h 13m	$956K	$205K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now −0.384%Rate

Funding earned: $6.3
Price spread: −0.384% → −0.028%: −$35.56
Slippage, 4 orders: −$102.71
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$155.97
Costs to cover: 1.267%
Break-even: 180.3 days

Slippage from BloFin: live order book, 51 min ago; Bitget: live order book, 57 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, 51 min ago	1.37 bp	22.3 bp −$22	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 57 min ago	7.35 bp	38.5 bp −$38	127.3 bp −$1,273	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-USDTlong	+0.0070%	4h	0.1094	long leg	$197K	$6K	75x
Hyperliquid MELANIA	+0.0100%	1h	0.1092	−0.228%	$1.7M	$199K	3x	as long as short
Binance MELANIAUSDT	+0.0100%	4h	0.1093	−0.064%	$3.0M	$3.0M	75x	as long as short
Gate MELANIA_USDT	+0.0100%	4h	0.1090	−0.402%	$417K	$57K	50x	as long as short
MEXC MELANIA_USDT	+0.0100%	4h	0.1094	−0.055%	$1.2M	$137K	100x	as long as short
KuCoin MELANIAUSDTM	+0.0100%	4h	0.1093	−0.101%	$419K	$1.1M	30x	as long as short
Bitget MELANIAUSDTshort	+0.0100%	4h	0.1090	−0.384%	$956K	$205K	50x
BingX MELANIA-USDT	+0.0100%	4h	0.1093	−0.073%	—	$1.5M	—	as long as short
Variational Omni MELANIA	+0.0100%	4h	0.1093	−0.075%	$113K	$590	—	as long as short
Aevo MELANIA-PERP	+0.0104%	1h	0.1093	−0.120%	$250K	—	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	+0.0165%	4h	0.1093	−0.064%	$1.5M	$657K	20x	as long as short
Aster MELANIAUSDT	+0.0713%	4h	0.1090	−0.378%	$21K	$16K	5x	as long as short
Kraken Futures PF_MELANIAUSD	+0.0971%	1h	0.1095	+0.096%	$25K	$3K	10x	as long as short