Funding you earn now, next payment 01:00 UTC−0.0875%/8h= −95.8% APRpaid last 24h +0.365%
Price spread now: MEXC against Kraken Futures−0.007%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$26 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_MELANIAUSD | 0.1090 | 0.0975 | pay 0.0122% / 1h | 53m 15s | $25K | $3K | 10x |
| Short | MEXC MELANIA_USDT | 0.1090 | 0.0100 | get 0.0050% / 4h | 3h 53m | $1.2M | $135K | 100x |
Kraken Futures PF_MELANIAUSD
MEXC MELANIA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Kraken Futures. 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
- −$183.73
- Price spread: −0.007% → 0.000%
- −$0.67
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$198.4
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; MEXC: live order book, 3 min ago. 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 3 min ago | 2.75 bp | 13.6 bp −$14 | 53.6 bp −$536 | 126.3 bp −$12.6K | doesn't fit |
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 | +0.0091% | 4h | 0.1091 | +0.094% | $195K | $6K | 75x | as long as short |
| Hyperliquid MELANIA | +0.0100% | 1h | 0.1089 | −0.135% | $1.7M | $200K | 3x | as long as short |
| Binance MELANIAUSDT | +0.0100% | 4h | 0.1090 | −0.007% | $3.0M | $3.1M | 75x | as long as short |
| Bybit MELANIAUSDT | +0.0100% | 4h | 0.1090 | −0.016% | $1.5M | $676K | 20x | as long as short |
| Gate MELANIA_USDT | +0.0100% | 4h | 0.1091 | +0.021% | $423K | $54K | 50x | as long as short |
| MEXC MELANIA_USDTshort | +0.0100% | 4h | 0.1090 | −0.007% | $1.2M | $135K | 100x | |
| KuCoin MELANIAUSDTM | +0.0100% | 4h | 0.1091 | +0.048% | $410K | $1.1M | 30x | as long as short |
| Bitget MELANIAUSDT | +0.0100% | 4h | 0.1090 | −0.062% | $966K | $211K | 50x | as long as short |
| Variational Omni MELANIA | +0.0100% | 4h | 0.1092 | +0.163% | $113K | $590 | — | as long as short |
| Aevo MELANIA-PERP | +0.0104% | 1h | 0.1049 | −3.780% | $240K | — | 3x | as long as short |
BloFin MELANIA-USDT
Hyperliquid MELANIA
Binance MELANIAUSDT
Bybit MELANIAUSDT
Gate MELANIA_USDT
KuCoin MELANIAUSDTM
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 | |
|---|---|---|---|---|---|---|---|---|
| BingX MELANIA-USDT | +0.0368% | 4h | 0.1091 | +0.021% | — | $1.5M | — | as long as short |
| Aster MELANIAUSDT | +0.0656% | 4h | 0.1091 | +0.039% | $21K | $16K | 5x | as long as short |
| Kraken Futures PF_MELANIAUSDlong | +0.0975% | 1h | 0.1090 | long leg | $25K | $3K | 10x |
BingX MELANIA-USDT
Aster MELANIAUSDT