Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.02 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bybit−0.118%7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$306as in the Funding arb table
Net, price: spread back to 7d avg − costs−$330as in the Price arb table
costs, in and out, $10k−$3233.228% of the position
Funding, last 7 days+0.172%+$17 on $10k
+Price spread, last 7 days+0.112%+$11 · spread now −0.118%, 7d avg −0.047%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.071% cheaper against Bybit than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.047%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MELANIAUSDT | 0.1102 | 0.0100 | pay 0.0050% / 4h | 1h 59m | $1.5M | $717K | 20x |
| Short | KuCoin MELANIAUSDTM | 0.1101 | 0.0104 | get 0.0052% / 4h | 1h 59m | $432K | $1.3M | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $0.84
- Price spread: −0.118% → −0.047%
- −$7.07
- Slippage, 4 orders
- −$299.83
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$329.06
- Costs to cover
- 3.228%
- Break-even
- 2749.2 days
Slippage from Bybit: live order book, 2 min ago; KuCoin: live order book, 6 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, 2 min ago | 5.89 bp | 41.4 bp −$41 | 180.2 bp −$1,802 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 9.09 bp | 96.9 bp −$97 | doesn't fit | doesn't fit | doesn't fit |
MELANIA on 12 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 | 0.1101 | −0.109% | $1.7M | $205K | 3x | as long as short |
| Binance MELANIAUSDT | +0.0100% | 4h | 0.1101 | −0.127% | $3.0M | $3.1M | 75x | as long as short |
| Bybit MELANIAUSDTlong | +0.0100% | 4h | 0.1102 | long leg | $1.5M | $717K | 20x | |
| Gate MELANIA_USDT | +0.0100% | 4h | 0.1099 | −0.327% | $422K | $66K | 50x | as long as short |
| MEXC MELANIA_USDT | +0.0100% | 4h | 0.1101 | −0.100% | $1.2M | $135K | 100x | as long as short |
| Bitget MELANIAUSDT | +0.0100% | 4h | 0.1099 | −0.345% | $966K | $213K | 50x | as long as short |
| BingX MELANIA-USDT | +0.0100% | 4h | 0.1101 | −0.100% | — | $1.5M | — | as long as short |
| Variational Omni MELANIA | +0.0100% | 4h | 0.1102 | −0.031% | $114K | $340 | — | as long as short |
| KuCoin MELANIAUSDTMshort | +0.0104% | 4h | 0.1101 | −0.118% | $432K | $1.3M | 30x | |
| Aevo MELANIA-PERP | +0.0104% | 1h | 0.1100 | −0.209% | $252K | — | 3x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster MELANIAUSDT | +0.0665% | 4h | 0.1100 | −0.181% | $21K | $15K | 5x | as long as short |
| Kraken Futures PF_MELANIAUSD | +0.1851% | 1h | 0.1108 | +0.502% | $26K | $3K | 10x | as long as short |
Bybit MELANIAUSDT
KuCoin MELANIAUSDTM
Hyperliquid MELANIA
Binance MELANIAUSDT
Gate MELANIA_USDT
MEXC MELANIA_USDT
Bitget MELANIAUSDT
BingX MELANIA-USDT
Variational Omni MELANIA
Aster MELANIAUSDT
Kraken Futures PF_MELANIAUSD