Funding you earn now, next payment 00:00 UTC+0.0336%/8h= +36.8% APRnext payment +$1.68 per $10,000 · paid last 24h +0.001%
Price spread now: BingX against Variational Omni+0.102%7-day average −0.016% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.005%$0 on $10k
+Price spread, last 3 days (all we have)−0.304%−$30 · spread now +0.102%, 7d avg −0.016%
=Together, before fees−0.299%+ Points / potential airdropVariational Omni: Active · farm board−$30 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and BingX is 0.118% dearer against Variational Omni than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.016%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.005% in total (about 0.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.68 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 | Variational Omni MELANIA | 0.1072 | 0.0100 | pay 0.0050% / 4h | 2h 49m | $111K | $1K | — |
| Short | BingX MELANIA-USDT | 0.1073 | 0.0436 | get 0.0218% / 4h | 2h 49m | — | $1.5M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Variational Omni. 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
- $70.56
- Price spread: +0.102% → −0.016%
- $11.82
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $72.38
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 39 min ago; BingX: live order book, 13 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 Variational Omni RFQ quote, 39 min ago | 13.96 bp | doesn't fit | 200.1 bp −$2,001 | doesn't fit | doesn't fit |
| Sell BingX live order book, 13 min ago | 3.71 bp | 17.7 bp −$18 | 83.1 bp −$831 | 568.2 bp −$56.8K | 790.6 bp −$395.3K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_MELANIAUSD | −0.0957% | 1h | 0.1070 | −0.222% | $24K | $2K | 10x | as long as short |
| Hyperliquid MELANIA | +0.0100% | 1h | 0.1072 | +0.018% | $1.6M | $187K | 3x | as long as short |
| Binance MELANIAUSDT | +0.0100% | 4h | 0.1073 | +0.098% | $3.0M | $2.9M | 75x | as long as short |
| Gate MELANIA_USDT | +0.0100% | 4h | 0.1071 | −0.084% | $418K | $64K | 50x | as long as short |
| MEXC MELANIA_USDT | +0.0100% | 4h | 0.1073 | +0.074% | $1.2M | $133K | 100x | as long as short |
| KuCoin MELANIAUSDTM | +0.0100% | 4h | 0.1071 | −0.112% | $381K | $899K | 30x | as long as short |
| Bitget MELANIAUSDT | +0.0100% | 4h | 0.1072 | −0.038% | $946K | $189K | 50x | as long as short |
| Variational Omni MELANIAlong | +0.0100% | 4h | 0.1072 | long leg | $111K | $1K | — | |
| Aevo MELANIA-PERP | +0.0104% | 1h | 0.1072 | −0.030% | $245K | — | 3x | as long as short |
| BloFin MELANIA-USDT | +0.0105% | 4h | 0.1074 | +0.121% | $198K | $5K | 75x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit MELANIAUSDT | +0.0361% | 4h | 0.1074 | +0.158% | $1.4M | $630K | 20x | as long as short |
| BingX MELANIA-USDTshort | +0.0436% | 4h | 0.1073 | +0.102% | — | $1.5M | — | |
| Aster MELANIAUSDT | +0.0636% | 4h | 0.1071 | −0.066% | $21K | $14K | 5x | as long as short |
Variational Omni MELANIA
BingX MELANIA-USDT
Kraken Futures PF_MELANIAUSD
Hyperliquid MELANIA
Binance MELANIAUSDT
Gate MELANIA_USDT
MEXC MELANIA_USDT
KuCoin MELANIAUSDTM
Bitget MELANIAUSDT
BloFin MELANIA-USDT
Bybit MELANIAUSDT
Aster MELANIAUSDT