Funding you earn now, next payment 04:00 UTC+0.1657%/8h= +181.4% APRpaid last 24h −0.244%
Price spread now: Kraken Futures against Bybit−0.007%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$50 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MELANIAUSDT | 0.1091 | 0.0100 | pay 0.0050% / 4h | 42m 08s | $1.5M | $775K | 20x |
| Short | Kraken Futures PF_MELANIAUSD | 0.1091 | 0.1757 | get 0.0220% / 1h | 42m 08s | $25K | $3K | 10x |
Bybit MELANIAUSDT
Kraken Futures PF_MELANIAUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Bybit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $347.91
- Price spread: −0.007% → 0.000%
- −$0.75
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $326.16
- Costs to cover
- 0.210%
- Break-even
- 0.4 days
Slippage unknown: Bybit: live order book, 4 min ago; Kraken Futures: no order-book sample. Net counts fees only.
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 | 7.78 bp | 45.2 bp −$45 | 195.7 bp −$1,957 | doesn't fit | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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-USDT | +0.0090% | 4h | 0.1093 | +0.101% | $199K | $6K | 75x | as long as short |
| Hyperliquid MELANIA | +0.0100% | 1h | 0.1090 | −0.101% | $1.7M | $214K | 3x | as long as short |
| Binance MELANIAUSDT | +0.0100% | 4h | 0.1091 | −0.082% | $3.0M | $3.2M | 75x | as long as short |
| Bybit MELANIAUSDTlong | +0.0100% | 4h | 0.1091 | long leg | $1.5M | $775K | 20x | |
| Gate MELANIA_USDT | +0.0100% | 4h | 0.1090 | −0.119% | $405K | $96K | 50x | as long as short |
| MEXC MELANIA_USDT | +0.0100% | 4h | 0.1091 | −0.064% | $1.2M | $135K | 100x | as long as short |
| Bitget MELANIAUSDT | +0.0100% | 4h | 0.1090 | −0.101% | $941K | $231K | 50x | as long as short |
| BingX MELANIA-USDT | +0.0100% | 4h | 0.1091 | −0.009% | — | $1.5M | — | as long as short |
| Variational Omni MELANIA | +0.0100% | 4h | 0.1092 | +0.027% | $113K | $672 | — | as long as short |
| Aevo MELANIA-PERP | +0.0104% | 1h | 0.1084 | −0.704% | $248K | — | 3x | as long as short |
BloFin MELANIA-USDT
Hyperliquid MELANIA
Binance MELANIAUSDT
Gate MELANIA_USDT
MEXC MELANIA_USDT
Bitget MELANIAUSDT
BingX MELANIA-USDT
Variational Omni MELANIA
Aevo MELANIA-PERPShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin MELANIAUSDTM | +0.0238% | 4h | 0.1091 | −0.046% | $442K | $1.5M | 30x | as long as short |
| Aster MELANIAUSDT | +0.0595% | 4h | 0.1091 | −0.055% | $21K | $15K | 5x | as long as short |
| Kraken Futures PF_MELANIAUSDshort | +0.1757% | 1h | 0.1091 | −0.007% | $25K | $3K | 10x |
KuCoin MELANIAUSDTM
Aster MELANIAUSDT