Funding you earn now, next payment 04:00 UTC−0.0009%/8h= −1.0% APRnext payment −$0.05 per $10,000 · paid last 24h +0.002%
Price spread now: BloFin against KuCoin+0.046%7-day average +0.088% · you sell dearer than you buy
Net, funding: paid 7d − costs−$358as in the Funding arb table
Net, price: spread back to 7d avg − costs−$351as in the Price arb table
costs, in and out, $10k−$3473.467% of the position
Funding, last 7 days−0.112%−$11 on $10k
+Price spread, last 3 days (all we have)−0.100%−$10 · spread now +0.046%, 7d avg +0.088%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and BloFin is 0.042% cheaper against KuCoin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.088%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin MELANIAUSDTM | 0.1091 | 0.0100 | pay 0.0050% / 4h | 3h 53m | $410K | $1.1M | 30x |
| Short | BloFin MELANIA-USDT | 0.1091 | 0.0091 | get 0.0045% / 4h | 3h 53m | $195K | $6K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$1.94
- Price spread: +0.046% → +0.088%
- −$4.24
- Slippage, 4 orders
- −$322.67
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$352.85
- Costs to cover
- 3.467%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; BloFin: live order book, 12 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, 2 min ago | 9.17 bp | 158.3 bp −$158 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 12 min ago | 1.37 bp | 30.3 bp −$30 | 87.6 bp −$876 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin MELANIA-USDTshort | +0.0091% | 4h | 0.1091 | +0.046% | $195K | $6K | 75x | |
| Hyperliquid MELANIA | +0.0100% | 1h | 0.1089 | −0.183% | $1.7M | $200K | 3x | as long as short |
| Binance MELANIAUSDT | +0.0100% | 4h | 0.1090 | −0.055% | $3.0M | $3.1M | 75x | as long as short |
| Bybit MELANIAUSDT | +0.0100% | 4h | 0.1090 | −0.064% | $1.5M | $676K | 20x | as long as short |
| Gate MELANIA_USDT | +0.0100% | 4h | 0.1091 | −0.027% | $423K | $54K | 50x | as long as short |
| MEXC MELANIA_USDT | +0.0100% | 4h | 0.1090 | −0.055% | $1.2M | $135K | 100x | as long as short |
| KuCoin MELANIAUSDTMlong | +0.0100% | 4h | 0.1091 | long leg | $410K | $1.1M | 30x | |
| Bitget MELANIAUSDT | +0.0100% | 4h | 0.1090 | −0.110% | $966K | $211K | 50x | as long as short |
| Variational Omni MELANIA | +0.0100% | 4h | 0.1092 | +0.115% | $113K | $590 | — | as long as short |
| Aevo MELANIA-PERP | +0.0104% | 1h | 0.1049 | −3.827% | $240K | — | 3x | as long as short |
Show 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 | −0.027% | — | $1.5M | — | as long as short |
| Aster MELANIAUSDT | +0.0656% | 4h | 0.1091 | −0.009% | $21K | $16K | 5x | as long as short |
| Kraken Futures PF_MELANIAUSD | +0.0975% | 1h | 0.1090 | −0.048% | $25K | $3K | 10x | as long as short |
KuCoin MELANIAUSDTM
BloFin MELANIA-USDT
Hyperliquid MELANIA
Binance MELANIAUSDT
Bybit MELANIAUSDT
Gate MELANIA_USDT
MEXC MELANIA_USDT
Bitget MELANIAUSDT
Variational Omni MELANIA
BingX MELANIA-USDT
Aster MELANIAUSDT
Kraken Futures PF_MELANIAUSD