MELANIA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.25 per $10,000 · paid last 24h +0.005%

Price spread now: BloFin against Bybit−0.119%7-day average −0.004% · you buy dearer than you sell

Net, funding: paid 7d − costs−$129as in the Funding arb table

Net, price: spread back to 7d avg − costs−$146as in the Price arb table

costs, in and out, $10k−$1351.349% of the position

Long on Bybit Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.061%+$6 on $10k

Price spread, last 4 days (all we have)+0.005%$0 · spread now −0.119%, 7d avg −0.004%

Together, before fees+0.066%+$7 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.115% cheaper against Bybit than usual: you would sell low and buy high (spread −0.119% now, against its 7-day average of −0.004%). If the spread goes back, that is −$11 on $10k: about 7.7 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit MELANIAUSDT	0.1092	0.0100	pay 0.0050% / 4h	1h 06m	$1.5M	$850K	20x
Short	BloFin MELANIA-USDT	0.1091	0.0150	get 0.0075% / 4h	1h 06m	$190K	$5K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −0.119%Rate

Funding earned: $10.48
Price spread: −0.119% → −0.004%: −$11.5
Slippage, 4 orders: −$111.95
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$135.97
Costs to cover: 1.349%
Break-even: 97.9 days

Slippage from Bybit: live order book, 4 min ago; BloFin: 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 Bybit live order book, 4 min ago	6.41 bp	47.9 bp −$48	204.6 bp −$2,046	doesn't fit	doesn't fit
Sell BloFin live order book, 4 min ago	4.12 bp	23.1 bp −$23	64.4 bp −$644	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	0.1091	−0.165%	$1.7M	$224K	3x	as long as short
Binance MELANIAUSDT	+0.0100%	4h	0.1092	−0.073%	$3.0M	$3.4M	75x	as long as short
Bybit MELANIAUSDTlong	+0.0100%	4h	0.1092	long leg	$1.5M	$850K	20x
Gate MELANIA_USDT	+0.0100%	4h	0.1090	−0.265%	$406K	$121K	50x	as long as short
MEXC MELANIA_USDT	+0.0100%	4h	0.1092	−0.064%	$1.2M	$141K	100x	as long as short
KuCoin MELANIAUSDTM	+0.0100%	4h	0.1090	−0.220%	$411K	$2.0M	30x	as long as short
Bitget MELANIAUSDT	+0.0100%	4h	0.1092	0.000%	$938K	$241K	50x	as long as short
BingX MELANIA-USDT	+0.0100%	4h	0.1092	−0.018%	—	$1.5M	—	as long as short
Variational Omni MELANIA	+0.0100%	4h	0.1091	−0.170%	$113K	$672	—	as long as short
Aevo MELANIA-PERP	+0.0104%	1h	0.1085	−0.690%	$248K	—	3x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin MELANIA-USDTshort	+0.0150%	4h	0.1091	−0.119%	$190K	$5K	75x
Aster MELANIAUSDT	+0.1018%	4h	0.1091	−0.137%	$21K	$17K	5x	as long as short
Kraken Futures PF_MELANIAUSD	+0.1433%	1h	0.1093	+0.034%	$25K	$3K	10x	as long as short