Funding you earn now, next payment 08:00 UTC+0.0028%/8h= +3.1% APRnext payment +$0.14 per $10,000 · paid last 24h +0.018%
Price spread now: KuCoin against Gate+0.018%7-day average +0.093% · you sell dearer than you buy
Net, funding: paid 7d − costs−$340as in the Funding arb table
Net, price: spread back to 7d avg − costs−$365as in the Price arb table
costs, in and out, $10k−$3573.571% of the position
Funding, last 7 days+0.170%+$17 on $10k
+Price spread, last 4 days (all we have)+0.056%+$6 · spread now +0.018%, 7d avg +0.093%
=Funding pays, the price is against you. KuCoin is 0.075% cheaper against Gate than usual: you would sell low and buy high (spread +0.018% now, against its 7-day average of +0.093%). If the spread goes back, that is −$7 on $10k: about 8.9 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.170% in total) that is about 3.1 days.
| 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 | 3h 00m | $412K | $101K | 50x |
| Short | KuCoin MELANIAUSDTM | 0.1095 | 0.0128 | get 0.0064% / 4h | 3h 00m | $437K | $1.7M | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $5.88
- Price spread: +0.018% → +0.093%
- −$7.47
- Slippage, 4 orders
- −$330.07
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$358.66
- Costs to cover
- 3.571%
- Break-even
- 434.0 days
Slippage from Gate: live order book, 50 min ago; KuCoin: live order book, 1 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, 50 min ago | 14.97 bp | 44.6 bp −$45 | 9435.9 bp −$94.4K | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 1 min ago | 9.12 bp | 171.9 bp −$172 | doesn't fit | 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 | 0.1097 | +0.174% | $1.7M | $211K | 3x | as long as short |
| Binance MELANIAUSDT | +0.0100% | 4h | 0.1098 | +0.314% | $3.0M | $3.3M | 75x | as long as short |
| Bybit MELANIAUSDT | +0.0100% | 4h | 0.1098 | +0.247% | $1.5M | $816K | 20x | as long as short |
| Gate MELANIA_USDTlong | +0.0100% | 4h | 0.1095 | long leg | $412K | $101K | 50x | |
| MEXC MELANIA_USDT | +0.0100% | 4h | 0.1098 | +0.301% | $1.2M | $139K | 100x | as long as short |
| Bitget MELANIAUSDT | +0.0100% | 4h | 0.1098 | +0.265% | $944K | $242K | 50x | as long as short |
| BingX MELANIA-USDT | +0.0100% | 4h | 0.1098 | +0.311% | — | $1.5M | — | as long as short |
| Variational Omni MELANIA | +0.0100% | 4h | 0.1099 | +0.398% | $113K | $672 | — | as long as short |
| BloFin MELANIA-USDT | +0.0100% | 4h | 0.1099 | +0.356% | $197K | $6K | 75x | as long as short |
| Aevo MELANIA-PERP | +0.0104% | 1h | 0.1095 | +0.018% | $250K | — | 3x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin MELANIAUSDTMshort | +0.0128% | 4h | 0.1095 | +0.018% | $437K | $1.7M | 30x | |
| Aster MELANIAUSDT | +0.0599% | 4h | 0.1096 | +0.141% | $21K | $15K | 5x | as long as short |
| Kraken Futures PF_MELANIAUSD | +0.1712% | 1h | 0.1098 | +0.252% | $25K | $3K | 10x | as long as short |
Gate MELANIA_USDT
KuCoin MELANIAUSDTM
Hyperliquid MELANIA
Binance MELANIAUSDT
Bybit MELANIAUSDT
MEXC MELANIA_USDT
Bitget MELANIAUSDT
BingX MELANIA-USDT
Variational Omni MELANIA
BloFin MELANIA-USDT
Aster MELANIAUSDT
Kraken Futures PF_MELANIAUSD