Funding you earn now, next payment 00:00 UTC−0.0635%/8h= −69.5% APRnext payment −$3.17 per $10,000 · paid last 24h −0.058%
Price spread now: Binance against Aster−0.161%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and Binance is 0.161% cheaper against Aster than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster MELANIAUSDT | 0.1079 | 0.0735 | pay 0.0367% / 4h | 2h 06m | $20K | $16K | 5x |
| Short | Binance MELANIAUSDT | 0.1077 | 0.0100 | get 0.0050% / 4h | 2h 06m | $2.9M | $3.0M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Aster. 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
- −$133.26
- Price spread: −0.161% → 0.000%
- −$16.07
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$167.33
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Aster: no order-book sample; Binance: live order book, 14 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 Aster no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 14 min ago | 3.72 bp | 27.9 bp −$28 | 100.9 bp −$1,009 | doesn't fit | doesn't fit |
Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0949% | 1h | 0.1080 | +0.092% | $25K | $3K | 10x | as long as short |
| BloFin MELANIA-USDT | +0.0059% | 4h | 0.1077 | −0.143% | $196K | $6K | 75x | as long as short |
| Hyperliquid MELANIA | +0.0100% | 1h | 0.1076 | −0.254% | $1.7M | $199K | 3x | as long as short |
| Binance MELANIAUSDTshort | +0.0100% | 4h | 0.1077 | −0.161% | $2.9M | $3.0M | 75x | |
| Gate MELANIA_USDT | +0.0100% | 4h | 0.1078 | −0.022% | $419K | $67K | 50x | as long as short |
| MEXC MELANIA_USDT | +0.0100% | 4h | 0.1076 | −0.189% | $1.2M | $138K | 100x | as long as short |
| KuCoin MELANIAUSDTM | +0.0100% | 4h | 0.1078 | −0.050% | $390K | $841K | 30x | as long as short |
| Bitget MELANIAUSDT | +0.0100% | 4h | 0.1078 | −0.050% | $963K | $207K | 50x | as long as short |
| Aevo MELANIA-PERP | +0.0104% | 1h | 0.1080 | +0.136% | $247K | — | 3x | as long as short |
| Variational Omni MELANIA | +0.0126% | 4h | 0.1080 | +0.152% | $112K | $1K | — | 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 | +0.0332% | 4h | 0.1075 | −0.319% | — | $1.5M | — | as long as short |
| Bybit MELANIAUSDT | +0.0348% | 4h | 0.1076 | −0.226% | $1.5M | $650K | 20x | as long as short |
| Aster MELANIAUSDTlong | +0.0735% | 4h | 0.1079 | long leg | $20K | $16K | 5x |
Aster MELANIAUSDT
Binance MELANIAUSDT
Kraken Futures PF_MELANIAUSD
BloFin MELANIA-USDT
Hyperliquid MELANIA
Gate MELANIA_USDT
MEXC MELANIA_USDT
KuCoin MELANIAUSDTM
Bitget MELANIAUSDT
Variational Omni MELANIA
BingX MELANIA-USDT
Bybit MELANIAUSDT