Funding you earn now, next payment 04:00 UTC−0.0022%/8h= −2.4% APRnext payment −$0.11 per $10,000 · paid last 24h +0.002%
Price spread now: BloFin against Variational Omni−0.330%71s7-day average −0.019% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.003%$0 on $10k
+Price spread, last 4 days (all we have)−0.044%−$4 · spread now −0.330%, 7d avg −0.019%
=Together, before fees−0.041%+ Points / potential airdropVariational Omni: Active · farm board−$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.311% cheaper against Variational Omni than usual: you would sell low and buy high (−$31 if the spread goes back to its 7-day average of −0.019%). Swap the legs. The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni MELANIA | 0.1094 | 0.0100 | pay 0.0050% / 4h | 47m 55s | $113K | $672 | — |
| Short | BloFin MELANIA-USDT | 0.1090 | 0.0078 | get 0.0039% / 4h | 47m 55s | $198K | $6K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$4.52
- Price spread: −0.330% → −0.019%
- −$31.11
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$47.63
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 11 min ago; BloFin: live order book, 50 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, 11 min ago | 13.69 bp | doesn't fit | 470.1 bp −$4,701 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 50 min ago | 5.03 bp | 22.4 bp −$22 | 68.1 bp −$681 | 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 | +0.0078% | 4h | 0.1090 | −0.330% | $198K | $6K | 75x | |
| Hyperliquid MELANIA | +0.0100% | 1h | 0.1089 | −0.458% | $1.7M | $214K | 3x | as long as short |
| Binance MELANIAUSDT | +0.0100% | 4h | 0.1089 | −0.385% | $3.0M | $3.2M | 75x | as long as short |
| Bybit MELANIAUSDT | +0.0100% | 4h | 0.1089 | −0.394% | $1.5M | $773K | 20x | as long as short |
| Gate MELANIA_USDT | +0.0100% | 4h | 0.1086 | −0.687% | $403K | $95K | 50x | as long as short |
| MEXC MELANIA_USDT | +0.0100% | 4h | 0.1089 | −0.403% | $1.2M | $135K | 100x | as long as short |
| Bitget MELANIAUSDT | +0.0100% | 4h | 0.1089 | −0.449% | $939K | $233K | 50x | as long as short |
| BingX MELANIA-USDT | +0.0100% | 4h | 0.1090 | −0.312% | — | $1.5M | — | as long as short |
| Variational Omni MELANIAlong | +0.0100% | 4h | 0.1094 | long leg | $113K | $672 | — | |
| Aevo MELANIA-PERP | +0.0104% | 1h | 0.1085 | −0.778% | $248K | — | 3x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin MELANIAUSDTM | +0.0240% | 4h | 0.1088 | −0.504% | $445K | $1.5M | 30x | as long as short |
| Aster MELANIAUSDT | +0.0607% | 4h | 0.1088 | −0.544% | $21K | $15K | 5x | as long as short |
| Kraken Futures PF_MELANIAUSD | +0.1762% | 1h | 0.1088 | −0.474% | $25K | $3K | 10x | as long as short |
Variational Omni MELANIA
BloFin MELANIA-USDT
Hyperliquid MELANIA
Binance MELANIAUSDT
Bybit MELANIAUSDT
Gate MELANIA_USDT
MEXC MELANIA_USDT
Bitget MELANIAUSDT
BingX MELANIA-USDT
KuCoin MELANIAUSDTM
Aster MELANIAUSDT
Kraken Futures PF_MELANIAUSD