Funding you earn now, next payment 04:00 UTC−0.0190%/8h= −20.8% APRnext payment −$0.95 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against KuCoin+0.036%7-day average +0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$371as in the Funding arb table
Net, price: spread back to 7d avg − costs−$357as in the Price arb table
costs, in and out, $10k−$3543.543% of the position
Funding, last 7 days−0.169%−$17 on $10k
+Price spread, last 4 days (all we have)+0.149%+$15 · spread now +0.036%, 7d avg +0.061%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Bitget is 0.025% cheaper against KuCoin than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.061%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin MELANIAUSDTM | 0.1098 | 0.0290 | pay 0.0145% / 4h | 1h 33m | $447K | $1.4M | 30x |
| Short | Bitget MELANIAUSDT | 0.1098 | 0.0100 | get 0.0050% / 4h | 1h 33m | $960K | $216K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against KuCoin. 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
- −$39.9
- Price spread: +0.036% → +0.061%
- −$2.46
- Slippage, 4 orders
- −$330.31
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$396.67
- Costs to cover
- 3.543%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 1 min ago; Bitget: live order book, 27 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 KuCoin live order book, 1 min ago | 9.11 bp | 161.1 bp −$161 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 27 min ago | 8.16 bp | 34.5 bp −$35 | 155.2 bp −$1,552 | 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 | 0.1099 | +0.055% | $1.7M | $206K | 3x | as long as short |
| Binance MELANIAUSDT | +0.0100% | 4h | 0.1099 | +0.046% | $3.0M | $3.2M | 75x | as long as short |
| Bybit MELANIAUSDT | +0.0100% | 4h | 0.1100 | +0.173% | $1.5M | $736K | 20x | as long as short |
| Gate MELANIA_USDT | +0.0100% | 4h | 0.1097 | −0.055% | $421K | $67K | 50x | as long as short |
| MEXC MELANIA_USDT | +0.0100% | 4h | 0.1099 | +0.091% | $1.2M | $136K | 100x | as long as short |
| Bitget MELANIAUSDTshort | +0.0100% | 4h | 0.1098 | +0.036% | $960K | $216K | 50x | |
| BingX MELANIA-USDT | +0.0100% | 4h | 0.1099 | +0.055% | — | $1.5M | — | as long as short |
| Variational Omni MELANIA | +0.0100% | 4h | 0.1098 | −0.019% | $113K | $340 | — | as long as short |
| Aevo MELANIA-PERP | +0.0104% | 1h | 0.1095 | −0.248% | $250K | — | 3x | as long as short |
| BloFin MELANIA-USDT | +0.0107% | 4h | 0.1098 | +0.036% | $200K | $6K | 75x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin MELANIAUSDTMlong | +0.0290% | 4h | 0.1098 | long leg | $447K | $1.4M | 30x | |
| Aster MELANIAUSDT | +0.0789% | 4h | 0.1095 | −0.273% | $21K | $15K | 5x | as long as short |
| Kraken Futures PF_MELANIAUSD | +0.1866% | 1h | 0.1099 | +0.090% | $25K | $3K | 10x | as long as short |
KuCoin MELANIAUSDTM
Bitget MELANIAUSDT
Hyperliquid MELANIA
Binance MELANIAUSDT
Bybit MELANIAUSDT
Gate MELANIA_USDT
MEXC MELANIA_USDT
BingX MELANIA-USDT
Variational Omni MELANIA
BloFin MELANIA-USDT
Aster MELANIAUSDT
Kraken Futures PF_MELANIAUSD