Funding you earn now, next payment 12:00 UTC−0.0072%/8h= −7.9% APRnext payment −$0.36 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Bitget−0.075%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costs−$133as in the Price arb table
costs, in and out, $10k−$1251.247% of the position
Funding, last 7 days+0.061%+$6 on $10k
+Price spread, last 4 days (all we have)−0.032%−$3 · spread now −0.075%, 7d avg +0.007%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and MEXC is 0.082% cheaper against Bitget than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.007%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.061%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget MELANIAUSDT | 0.1063 | 0.0172 | pay 0.0086% / 4h | 1h 06m | $933K | $230K | 50x |
| Short | MEXC MELANIA_USDT | 0.1062 | 0.0100 | get 0.0050% / 4h | 1h 06m | $1.1M | $138K | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Bitget. 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
- −$15.12
- Price spread: −0.075% → +0.007%
- −$8.2
- Slippage, 4 orders
- −$108.7
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$148.03
- Costs to cover
- 1.247%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 37 min ago; MEXC: live order book, 2 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 Bitget live order book, 37 min ago | 7.46 bp | 35.6 bp −$36 | 183.1 bp −$1,831 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 2.82 bp | 32.0 bp −$32 | 59.3 bp −$593 | 127.3 bp −$12.7K | doesn't fit |
MELANIA on 13 exchanges
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-USDT | +0.0046% | 4h | 0.1063 | −0.009% | $186K | $2K | 75x | as long as short |
| Hyperliquid MELANIA | +0.0100% | 1h | 0.1062 | −0.122% | $1.6M | $225K | 3x | as long as short |
| Binance MELANIAUSDT | +0.0100% | 4h | 0.1063 | −0.032% | $2.9M | $3.1M | 75x | as long as short |
| Bybit MELANIAUSDT | +0.0100% | 4h | 0.1063 | +0.028% | $1.5M | $814K | 20x | as long as short |
| Gate MELANIA_USDT | +0.0100% | 4h | 0.1061 | −0.198% | $394K | $133K | 50x | as long as short |
| MEXC MELANIA_USDTshort | +0.0100% | 4h | 0.1062 | −0.075% | $1.1M | $138K | 100x | |
| Variational Omni MELANIA | +0.0100% | 4h | 0.1063 | +0.017% | $110K | $861 | — | as long as short |
| Aevo MELANIA-PERP | +0.0104% | 1h | 0.1058 | −0.450% | $242K | — | 3x | as long as short |
| Bitget MELANIAUSDTlong | +0.0172% | 4h | 0.1063 | long leg | $933K | $230K | 50x | |
| BingX MELANIA-USDT | +0.0182% | 4h | 0.1063 | −0.009% | — | $1.5M | — | as long as short |
Show all 13 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin MELANIAUSDTM | +0.0298% | 4h | 0.1062 | −0.094% | $415K | $2.5M | 30x | as long as short |
| Aster MELANIAUSDT | +0.1105% | 4h | 0.1064 | +0.054% | $21K | $12K | 5x | as long as short |
| Kraken Futures PF_MELANIAUSD | +0.1241% | 1h | 0.1062 | −0.066% | $25K | $3K | 10x | as long as short |
Bitget MELANIAUSDT
MEXC MELANIA_USDT
BloFin MELANIA-USDT
Hyperliquid MELANIA
Binance MELANIAUSDT
Bybit MELANIAUSDT
Gate MELANIA_USDT
Variational Omni MELANIA
BingX MELANIA-USDT
KuCoin MELANIAUSDTM
Aster MELANIAUSDT
Kraken Futures PF_MELANIAUSD