MELANIA

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0872%/8h= +95.5% APRnext payment +$1.09 per $10,000 · paid last 24h −0.365%

Price spread now: Kraken Futures against Hyperliquid+0.050%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Hyperliquid Short on Kraken Futures

What this pair did over the last

the charts below follow

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—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$26 a day on $10k at the current rate, and Kraken Futures is 0.050% dearer against Hyperliquid than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid MELANIA	0.1093	0.0100	pay 0.0013% / 1h	14m 50s	$1.7M	$199K	3x
Short	Kraken Futures PF_MELANIAUSD	0.1094	0.0972	get 0.0121% / 1h	14m 50s	$25K	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Hyperliquid. 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 HyperliquidbpFee Kraken FuturesbpOrdersPrice spread, now +0.050%Rate

Funding earned: $183.12
Price spread: +0.050% → 0.000%: $5.03
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $169.15
Costs to cover: 0.190%
Break-even: 0.5 days

Slippage unknown: Hyperliquid: live order book, 6 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 Hyperliquid live order book, 6 min ago	1.38 bp	23.8 bp −$24	doesn't fit	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	+0.0070%	4h	0.1094	+0.082%	$197K	$6K	75x	as long as short
Hyperliquid MELANIAlong	+0.0100%	1h	0.1093	long leg	$1.7M	$199K	3x
Binance MELANIAUSDT	+0.0100%	4h	0.1094	+0.084%	$3.0M	$3.0M	75x	as long as short
Gate MELANIA_USDT	+0.0100%	4h	0.1089	−0.366%	$417K	$57K	50x	as long as short
MEXC MELANIA_USDT	+0.0100%	4h	0.1094	+0.064%	$1.2M	$137K	100x	as long as short
KuCoin MELANIAUSDTM	+0.0100%	4h	0.1093	−0.018%	$418K	$1.1M	30x	as long as short
Bitget MELANIAUSDT	+0.0100%	4h	0.1091	−0.183%	$957K	$205K	50x	as long as short
BingX MELANIA-USDT	+0.0100%	4h	0.1095	+0.165%	—	$1.5M	—	as long as short
Variational Omni MELANIA	+0.0100%	4h	0.1093	+0.007%	$113K	$590	—	as long as short
Aevo MELANIA-PERP	+0.0104%	1h	0.1092	−0.071%	$250K	—	3x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit MELANIAUSDT	+0.0156%	4h	0.1095	+0.146%	$1.5M	$655K	20x	as long as short
Aster MELANIAUSDT	+0.0693%	4h	0.1090	−0.329%	$21K	$16K	5x	as long as short
Kraken Futures PF_MELANIAUSDshort	+0.0972%	1h	0.1094	+0.050%	$25K	$3K	10x