Funding you earn now, next payment 08:00 UTC−0.0300%/8h= −32.8% APRnext payment −$1.50 per $10,000 · paid last 24h −0.018%
Price spread now: MEXC against KuCoin+0.009%7-day average +0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$361as in the Funding arb table
Net, price: spread back to 7d avg − costs−$355as in the Price arb table
costs, in and out, $10k−$3503.505% of the position
Funding, last 7 days−0.106%−$11 on $10k
+Price spread, last 7 days+0.038%+$4 · spread now +0.009%, 7d avg +0.057%
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and MEXC is 0.048% cheaper against KuCoin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.057%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.106% in total (about -5.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.50 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin MELANIAUSDTM | 0.1102 | 0.0400 | pay 0.0200% / 4h | 3h 47m | $439K | $1.6M | 30x |
| Short | MEXC MELANIA_USDT | 0.1102 | 0.0100 | get 0.0050% / 4h | 3h 47m | $1.2M | $135K | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$63
- Price spread: +0.009% → +0.057%
- −$4.8
- Slippage, 4 orders
- −$334.48
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$418.28
- Costs to cover
- 3.505%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 3 min ago; MEXC: live order book, 2 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, 3 min ago | 9.06 bp | 141.0 bp −$141 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 1.82 bp | 13.0 bp −$13 | 53.6 bp −$536 | 113.5 bp −$11.3K | 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 | 0.1102 | −0.036% | $1.7M | $209K | 3x | as long as short |
| Binance MELANIAUSDT | +0.0100% | 4h | 0.1103 | +0.045% | $3.0M | $3.2M | 75x | as long as short |
| Bybit MELANIAUSDT | +0.0100% | 4h | 0.1103 | +0.064% | $1.5M | $808K | 20x | as long as short |
| Gate MELANIA_USDT | +0.0100% | 4h | 0.1100 | −0.163% | $414K | $101K | 50x | as long as short |
| MEXC MELANIA_USDTshort | +0.0100% | 4h | 0.1102 | +0.009% | $1.2M | $135K | 100x | |
| Bitget MELANIAUSDT | +0.0100% | 4h | 0.1102 | +0.027% | $952K | $239K | 50x | as long as short |
| BingX MELANIA-USDT | +0.0100% | 4h | 0.1103 | +0.064% | — | $1.5M | — | as long as short |
| Variational Omni MELANIA | +0.0100% | 4h | 0.1101 | −0.067% | $114K | $672 | — | as long as short |
| Aevo MELANIA-PERP | +0.0104% | 1h | 0.1089 | −1.154% | $249K | — | 3x | as long as short |
| BloFin MELANIA-USDT | +0.0109% | 4h | 0.1102 | −0.018% | $195K | $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 | +0.0400% | 4h | 0.1102 | long leg | $439K | $1.6M | 30x | |
| Aster MELANIAUSDT | +0.0782% | 4h | 0.1103 | +0.100% | $21K | $15K | 5x | as long as short |
| Kraken Futures PF_MELANIAUSD | +0.1704% | 1h | 0.1103 | +0.065% | $25K | $3K | 10x | as long as short |
KuCoin MELANIAUSDTM
MEXC MELANIA_USDT
Hyperliquid MELANIA
Binance MELANIAUSDT
Bybit MELANIAUSDT
Gate MELANIA_USDT
Bitget MELANIAUSDT
BingX MELANIA-USDT
Variational Omni MELANIA
BloFin MELANIA-USDT
Aster MELANIAUSDT
Kraken Futures PF_MELANIAUSD