MELANIA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0138%/8h= −15.1% APRnext payment −$0.69 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against Bybit−0.006%7-day average +0.013% · you buy dearer than you sell

Net, funding: paid 7d − costs−$122as in the Funding arb table

Net, price: spread back to 7d avg − costs−$131as in the Price arb table

costs, in and out, $10k−$1291.292% of the position

Long on Bybit Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.067%+$7 on $10k

Price spread, last 7 days+0.188%+$19 · spread now −0.006%, 7d avg +0.013%

Together, before fees+0.256%+$26 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.013%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.067%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit MELANIAUSDT	0.1076	0.0238	pay 0.0119% / 4h	2h 02m	$1.5M	$651K	20x
Short	Binance MELANIAUSDT	0.1076	0.0100	get 0.0050% / 4h	2h 02m	$2.9M	$3.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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 BybitbpFee BinancebpOrdersPrice spread, now −0.006%Rate

Funding earned: −$28.89
Price spread: −0.006% → +0.013%: −$1.9
Slippage, 4 orders: −$108.18
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Binance: 5 bp × 2 orders: −$10
Net: −$159.98
Costs to cover: 1.292%
Break-even: never at this rate

Slippage from Bybit: live order book, 4 min ago; Binance: live order book, 3 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 Bybit live order book, 4 min ago	3.26 bp	36.6 bp −$37	236.8 bp −$2,368	doesn't fit	doesn't fit
Sell Binance live order book, 3 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	+0.020%	$25K	$3K	10x	as long as short
BloFin MELANIA-USDT	+0.0084%	4h	0.1075	−0.065%	$197K	$6K	75x	as long as short
Hyperliquid MELANIA	+0.0100%	1h	0.1076	+0.009%	$1.7M	$199K	3x	as long as short
Binance MELANIAUSDTshort	+0.0100%	4h	0.1076	−0.006%	$2.9M	$3.0M	75x
Gate MELANIA_USDT	+0.0100%	4h	0.1075	−0.102%	$418K	$67K	50x	as long as short
MEXC MELANIA_USDT	+0.0100%	4h	0.1076	−0.009%	$1.2M	$138K	100x	as long as short
KuCoin MELANIAUSDTM	+0.0100%	4h	0.1074	−0.149%	$391K	$838K	30x	as long as short
Bitget MELANIAUSDT	+0.0100%	4h	0.1076	+0.056%	$961K	$207K	50x	as long as short
Variational Omni MELANIA	+0.0100%	4h	0.1074	−0.181%	$111K	$1K	—	as long as short
Aevo MELANIA-PERP	+0.0104%	1h	0.1078	+0.219%	$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 MELANIAUSDTlong	+0.0238%	4h	0.1076	long leg	$1.5M	$651K	20x
BingX MELANIA-USDT	+0.0300%	4h	0.1076	+0.074%	—	$1.5M	—	as long as short
Aster MELANIAUSDT	+0.0664%	4h	0.1075	−0.021%	$20K	$16K	5x	as long as short