MELANIA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0297%/8h= +32.6% APRnext payment +$1.49 per $10,000 · paid last 24h +0.013%

Price spread now: KuCoin against BloFin−0.073%7-day average −0.080% · you buy dearer than you sell

Net, funding: paid 7d − costs−$339as in the Funding arb table

Net, price: spread back to 7d avg − costs−$349as in the Price arb table

costs, in and out, $10k−$3503.502% of the position

Long on BloFin Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.108%+$11 on $10k

Price spread, last 4 days (all we have)+0.161%+$16 · spread now −0.073%, 7d avg −0.080%

Together, before fees+0.270%+$27 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.080%, so right now this pair is about funding alone: +$9 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.108% in total (about 5.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.49 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	BloFin MELANIA-USDT	0.1102	0.0109	pay 0.0054% / 4h	3h 49m	$195K	$6K	75x
Short	KuCoin MELANIAUSDTM	0.1101	0.0406	get 0.0203% / 4h	3h 49m	$441K	$1.6M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.073%Rate

Funding earned: $62.45
Price spread: −0.073% → −0.080%: $0.76
Slippage, 4 orders: −$326.17
Fee BloFin: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$286.96
Costs to cover: 3.502%
Break-even: 39.2 days

Slippage from BloFin: live order book, 41 min ago; KuCoin: live order book, 2 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, 41 min ago	6.82 bp	24.4 bp −$24	82.2 bp −$822	doesn't fit	doesn't fit
Sell KuCoin live order book, 2 min ago	9.06 bp	158.5 bp −$158	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
Hyperliquid MELANIA	+0.0100%	1h	0.1100	−0.118%	$1.7M	$209K	3x	as long as short
Binance MELANIAUSDT	+0.0100%	4h	0.1102	−0.019%	$3.0M	$3.2M	75x	as long as short
Bybit MELANIAUSDT	+0.0100%	4h	0.1104	+0.154%	$1.5M	$808K	20x	as long as short
Gate MELANIA_USDT	+0.0100%	4h	0.1100	−0.145%	$414K	$101K	50x	as long as short
MEXC MELANIA_USDT	+0.0100%	4h	0.1102	+0.045%	$1.2M	$135K	100x	as long as short
Bitget MELANIAUSDT	+0.0100%	4h	0.1101	−0.027%	$950K	$239K	50x	as long as short
BingX MELANIA-USDT	+0.0100%	4h	0.1102	−0.009%	—	$1.5M	—	as long as short
Variational Omni MELANIA	+0.0100%	4h	0.1101	−0.049%	$114K	$672	—	as long as short
Aevo MELANIA-PERP	+0.0104%	1h	0.1090	−1.042%	$249K	—	3x	as long as short
BloFin MELANIA-USDTlong	+0.0109%	4h	0.1102	long leg	$195K	$6K	75x

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin MELANIAUSDTMshort	+0.0406%	4h	0.1101	−0.073%	$441K	$1.6M	30x
Aster MELANIAUSDT	+0.0789%	4h	0.1103	+0.118%	$21K	$15K	5x	as long as short
Kraken Futures PF_MELANIAUSD	+0.1707%	1h	0.1101	−0.092%	$25K	$3K	10x	as long as short