MELANIA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0015%/8h= +1.6% APRnext payment +$0.07 per $10,000 · paid last 24h +0.005%

Price spread now: BloFin against Gate0.000%78s7-day average +0.172% · you sell dearer than you buy

Net, funding: paid 7d − costs−$133as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1391.388% of the position

Long on Gate 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)+0.029%+$3 · spread now 0.000%, 7d avg +0.172%

Together, before fees+0.091%+$9 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.172% cheaper against Gate than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.172%). If the spread goes back, that is −$17 on $10k: about 39 days of funding at the current rate ($0 a day). The two prices were read 78 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate MELANIA_USDT	0.1074	0.0100	pay 0.0050% / 4h	2h 21m	$392K	$114K	50x
Short	BloFin MELANIA-USDT	0.1074	0.0115	get 0.0057% / 4h	2h 21m	$191K	$5K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Gate. 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 GatebpFee BloFinbpOrdersPrice spread, now 0.000%Rate

Funding earned: $3.11
Price spread: 0.000% → +0.172%: −$17.17
Slippage, 4 orders: −$111.83
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$152.89
Costs to cover: 1.388%
Break-even: 350.6 days

Slippage from Gate: live order book, 24 min ago; BloFin: live order book, 59 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, 24 min ago	24.71 bp	41.2 bp −$41	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 59 min ago	2.27 bp	22.3 bp −$22	70.8 bp −$708	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	0.1077	+0.307%	$1.6M	$220K	3x	as long as short
Binance MELANIAUSDT	+0.0100%	4h	0.1079	+0.439%	$2.9M	$3.4M	75x	as long as short
Bybit MELANIAUSDT	+0.0100%	4h	0.1079	+0.438%	$1.5M	$844K	20x	as long as short
Gate MELANIA_USDTlong	+0.0100%	4h	0.1074	long leg	$392K	$114K	50x
MEXC MELANIA_USDT	+0.0100%	4h	0.1078	+0.363%	$1.2M	$139K	100x	as long as short
KuCoin MELANIAUSDTM	+0.0100%	4h	0.1075	+0.102%	$405K	$1.8M	30x	as long as short
Bitget MELANIAUSDT	+0.0100%	4h	0.1076	+0.177%	$923K	$250K	50x	as long as short
BingX MELANIA-USDT	+0.0100%	4h	0.1080	+0.559%	—	$1.5M	—	as long as short
Variational Omni MELANIA	+0.0100%	4h	0.1074	+0.044%	$111K	$672	—	as long as short
Aevo MELANIA-PERP	+0.0104%	1h	0.1075	+0.102%	$246K	—	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	+0.0115%	4h	0.1074	0.000%	$191K	$5K	75x
Aster MELANIAUSDT	+0.0488%	4h	0.1077	+0.249%	$21K	$17K	5x	as long as short
Kraken Futures PF_MELANIAUSD	+0.1840%	1h	0.1075	+0.136%	$25K	$3K	10x	as long as short