Funding you earn now, next payment 00:00 UTC−0.0426%/8h= −46.6% APRnext payment −$2.13 per $10,000 · paid last 24h −0.058%
Price spread now: Bybit against Aster+0.250%7-day average — · you sell dearer than you buy
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
=The price spread pays, funding is against you. Bybit is 0.250% dearer against Aster than usual: you sell high and buy low (spread +0.250% now, against zero (this spread has no 7-day history yet)): +$25 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 47 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster MELANIAUSDT | 0.1081 | 0.0526 | pay 0.0263% / 4h | 1h 20m | $20K | $16K | 5x |
| Short | Bybit MELANIAUSDT | 0.1084 | 0.0100 | get 0.0050% / 4h | 1h 20m | $1.5M | $668K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$89.45
- Price spread: +0.250% → 0.000%
- $24.97
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$83.48
- Costs to cover
- 0.190%
- Break-even
- from the start
Slippage unknown: Aster: no order-book sample; Bybit: live order book, 5 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 Bybit live order book, 5 min ago | 6.93 bp | 32.8 bp −$33 | 190.1 bp −$1,901 | 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 | +0.0072% | 1h | 0.1085 | +0.359% | $25K | $3K | 10x | as long as short |
| Hyperliquid MELANIA | +0.0100% | 1h | 0.1083 | +0.102% | $1.7M | $201K | 3x | as long as short |
| Binance MELANIAUSDT | +0.0100% | 4h | 0.1084 | +0.190% | $3.0M | $3.0M | 75x | as long as short |
| Bybit MELANIAUSDTshort | +0.0100% | 4h | 0.1084 | +0.250% | $1.5M | $668K | 20x | |
| Gate MELANIA_USDT | +0.0100% | 4h | 0.1081 | −0.083% | $420K | $64K | 50x | as long as short |
| MEXC MELANIA_USDT | +0.0100% | 4h | 0.1084 | +0.203% | $1.2M | $136K | 100x | as long as short |
| KuCoin MELANIAUSDTM | +0.0100% | 4h | 0.1082 | +0.046% | $393K | $890K | 30x | as long as short |
| Bitget MELANIAUSDT | +0.0100% | 4h | 0.1083 | +0.129% | $962K | $210K | 50x | as long as short |
| Variational Omni MELANIA | +0.0100% | 4h | 0.1083 | +0.112% | $112K | $895 | — | as long as short |
| Aevo MELANIA-PERP | +0.0104% | 1h | 0.1080 | −0.139% | $247K | — | 3x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin MELANIA-USDT | +0.0130% | 4h | 0.1082 | +0.092% | $196K | $6K | 75x | as long as short |
| BingX MELANIA-USDT | +0.0140% | 4h | 0.1083 | +0.166% | — | $1.5M | — | as long as short |
| Aster MELANIAUSDTlong | +0.0526% | 4h | 0.1081 | long leg | $20K | $16K | 5x |
Aster MELANIAUSDT
Bybit MELANIAUSDT
Kraken Futures PF_MELANIAUSD
Hyperliquid MELANIA
Binance MELANIAUSDT
Gate MELANIA_USDT
MEXC MELANIA_USDT
KuCoin MELANIAUSDTM
Bitget MELANIAUSDT
Variational Omni MELANIA
BloFin MELANIA-USDT
BingX MELANIA-USDT