MELANIA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0019%/8h= −2.1% APRnext payment −$0.10 per $10,000 · paid last 24h +0.002%

Price spread now: BloFin against Binance−0.156%81s7-day average +0.010% · you buy dearer than you sell

Net, funding: paid 7d − costs−$116as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1161.156% of the position

Long on Binance Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.008%−$1 on $10k

Price spread, last 4 days (all we have)−0.164%−$16 · spread now −0.156%, 7d avg +0.010%

Together, before fees−0.172%−$17 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 0.165% cheaper against Binance than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of +0.010%). Swap the legs. The two prices were read 81 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	Binance MELANIAUSDT	0.1091	0.0100	pay 0.0050% / 4h	39m 53s	$3.0M	$3.2M	75x
Short	BloFin MELANIA-USDT	0.1090	0.0081	get 0.0040% / 4h	39m 53s	$198K	$6K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BinancebpFee BloFinbpOrdersPrice spread, now −0.156%Rate

Funding earned: −$4.06
Price spread: −0.156% → +0.010%: −$16.54
Slippage, 4 orders: −$93.57
Fee Binance: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$136.17
Costs to cover: 1.156%
Break-even: never at this rate

Slippage from Binance: live order book, 11 min ago; BloFin: live order book, 58 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 Binance live order book, 11 min ago	3.66 bp	33.8 bp −$34	148.0 bp −$1,480	doesn't fit	doesn't fit
Sell BloFin live order book, 58 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	+0.0081%	4h	0.1090	−0.156%	$198K	$6K	75x
Hyperliquid MELANIA	+0.0100%	1h	0.1091	−0.009%	$1.7M	$214K	3x	as long as short
Binance MELANIAUSDTlong	+0.0100%	4h	0.1091	long leg	$3.0M	$3.2M	75x
Bybit MELANIAUSDT	+0.0100%	4h	0.1093	+0.119%	$1.5M	$775K	20x	as long as short
Gate MELANIA_USDT	+0.0100%	4h	0.1090	−0.128%	$405K	$96K	50x	as long as short
MEXC MELANIA_USDT	+0.0100%	4h	0.1092	+0.009%	$1.2M	$135K	100x	as long as short
Bitget MELANIAUSDT	+0.0100%	4h	0.1091	−0.027%	$942K	$231K	50x	as long as short
BingX MELANIA-USDT	+0.0100%	4h	0.1091	−0.037%	—	$1.5M	—	as long as short
Variational Omni MELANIA	+0.0100%	4h	0.1092	+0.078%	$113K	$672	—	as long as short
Aevo MELANIA-PERP	+0.0104%	1h	0.1094	+0.203%	$250K	—	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	+0.0234%	4h	0.1091	−0.046%	$441K	$1.5M	30x	as long as short
Aster MELANIAUSDT	+0.0574%	4h	0.1091	−0.055%	$21K	$15K	5x	as long as short
Kraken Futures PF_MELANIAUSD	+0.1755%	1h	0.1092	+0.065%	$25K	$3K	10x	as long as short