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: KuCoin against MEXC−0.009%7-day average −0.057% · you buy dearer than you sell
Net, funding: paid 7d − costs−$340as in the Funding arb table
Net, price: spread back to 7d avg − costs−$346as 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 for this trade now. Funding pays +$9 a day on $10k at the current rate, and KuCoin is 0.048% dearer against MEXC than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.057%.
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 | MEXC MELANIA_USDT | 0.1102 | 0.0100 | pay 0.0050% / 4h | 3h 47m | $1.2M | $135K | 100x |
| Short | KuCoin MELANIAUSDTM | 0.1102 | 0.0400 | get 0.0200% / 4h | 3h 47m | $439K | $1.6M | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against MEXC. 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 MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$282.68
- Costs to cover
- 3.505%
- Break-even
- 38.4 days
Slippage from MEXC: live order book, 3 min ago; KuCoin: live order book, 3 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 MEXC live order book, 3 min ago | 1.82 bp | 37.9 bp −$38 | 55.0 bp −$550 | 117.4 bp −$11.7K | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 9.06 bp | 158.5 bp −$158 | doesn't fit | 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 | 0.1102 | −0.045% | $1.7M | $209K | 3x | as long as short |
| Binance MELANIAUSDT | +0.0100% | 4h | 0.1103 | +0.036% | $3.0M | $3.2M | 75x | as long as short |
| Bybit MELANIAUSDT | +0.0100% | 4h | 0.1103 | +0.054% | $1.5M | $808K | 20x | as long as short |
| Gate MELANIA_USDT | +0.0100% | 4h | 0.1100 | −0.172% | $414K | $101K | 50x | as long as short |
| MEXC MELANIA_USDTlong | +0.0100% | 4h | 0.1102 | long leg | $1.2M | $135K | 100x | |
| Bitget MELANIAUSDT | +0.0100% | 4h | 0.1102 | +0.018% | $952K | $239K | 50x | as long as short |
| BingX MELANIA-USDT | +0.0100% | 4h | 0.1103 | +0.054% | — | $1.5M | — | as long as short |
| Variational Omni MELANIA | +0.0100% | 4h | 0.1101 | −0.076% | $114K | $672 | — | as long as short |
| Aevo MELANIA-PERP | +0.0104% | 1h | 0.1089 | −1.163% | $249K | — | 3x | as long as short |
| BloFin MELANIA-USDT | +0.0109% | 4h | 0.1102 | −0.027% | $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 MELANIAUSDTMshort | +0.0400% | 4h | 0.1102 | −0.009% | $439K | $1.6M | 30x | |
| Aster MELANIAUSDT | +0.0782% | 4h | 0.1103 | +0.091% | $21K | $15K | 5x | as long as short |
| Kraken Futures PF_MELANIAUSD | +0.1704% | 1h | 0.1103 | +0.056% | $25K | $3K | 10x | as long as short |
MEXC MELANIA_USDT
KuCoin MELANIAUSDTM
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