Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: BingX against Gate+0.448%7-day average +0.181% · you sell dearer than you buy
Net, funding: paid 7d − costs−$132as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1391.389% of the position
Funding, last 7 days+0.065%+$7 on $10k
+Price spread, last 4 days (all we have)−0.228%−$23 · spread now +0.448%, 7d avg +0.181%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.267% dearer against Gate than usual: you sell high and buy low, +$27 on $10k if it goes back to its 7-day average of +0.181%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MELANIA_USDT | 0.1095 | 0.0100 | pay 0.0050% / 4h | 29m 41s | $410K | $101K | 50x |
| Short | BingX MELANIA-USDT | 0.1100 | 0.0100 | get 0.0050% / 4h | 29m 41s | — | $1.5M | — |
Gate MELANIA_USDT
BingX MELANIA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Gate. 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
- Price spread: +0.448% → +0.181%
- $26.65
- Slippage, 4 orders
- −$113.94
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$112.29
- Costs to cover
- 1.389%
- Break-even
- never at this rate
Slippage from Gate: live order book, 26 min ago; BingX: 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 Gate live order book, 26 min ago | 18.72 bp | 40.9 bp −$41 | 9703.5 bp −$97.0K | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 5.91 bp | 32.6 bp −$33 | 105.0 bp −$1,050 | 552.2 bp −$55.2K | 793.6 bp −$396.8K |
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 | +0.0060% | 4h | 0.1097 | +0.192% | $198K | $6K | 75x | as long as short |
| Hyperliquid MELANIA | +0.0100% | 1h | 0.1099 | +0.393% | $1.7M | $196K | 3x | as long as short |
| Binance MELANIAUSDT | +0.0100% | 4h | 0.1100 | +0.432% | $3.0M | $3.2M | 75x | as long as short |
| Bybit MELANIAUSDT | +0.0100% | 4h | 0.1101 | +0.557% | $1.5M | $777K | 20x | as long as short |
| Gate MELANIA_USDTlong | +0.0100% | 4h | 0.1095 | long leg | $410K | $101K | 50x | |
| MEXC MELANIA_USDT | +0.0100% | 4h | 0.1099 | +0.393% | $1.2M | $136K | 100x | as long as short |
| Bitget MELANIAUSDT | +0.0100% | 4h | 0.1099 | +0.356% | $948K | $232K | 50x | as long as short |
| BingX MELANIA-USDTshort | +0.0100% | 4h | 0.1100 | +0.448% | — | $1.5M | — | |
| Variational Omni MELANIA | +0.0100% | 4h | 0.1099 | +0.352% | $113K | $672 | — | as long as short |
| Aevo MELANIA-PERP | +0.0104% | 1h | 0.1085 | −0.919% | $248K | — | 3x | as long as short |
BloFin MELANIA-USDT
Hyperliquid MELANIA
Binance MELANIAUSDT
Bybit MELANIAUSDT
MEXC MELANIA_USDT
Bitget MELANIAUSDT
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 | +0.0278% | 4h | 0.1099 | +0.374% | $443K | $1.5M | 30x | as long as short |
| Aster MELANIAUSDT | +0.0601% | 4h | 0.1096 | +0.064% | $21K | $15K | 5x | as long as short |
| Kraken Futures PF_MELANIAUSD | +0.1731% | 1h | 0.1108 | +1.167% | $26K | $3K | 10x | as long as short |
KuCoin MELANIAUSDTM
Aster MELANIAUSDT
Kraken Futures PF_MELANIAUSD