MELANIA

Alert

Funding spread now, next payment 17:00 UTC−0.2903%/8h

paid, last 24h−0.448%paid, last 4 days−0.617%to open and closeno order book

The current rate is far above what this pair has been paying: over the last 4 days it paid -0.617% in total (about -62.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin MELANIA-USDT	0.1075	0.0100	pay 0.0050% / 4h	3h 54m	$198K	$9K	75x
Short	Kraken Futures PF_MELANIAUSD	0.1073	−0.2803	pay 0.0350% / 1h	54m 05s	$25K	$656	10x

Funding history

latest

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Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee Kraken FuturesbpOrdersRate

Funding earned: −$609.59
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$631.59
Break-even: never at this rate

Slippage unknown: BloFin: live order book, 47 min ago; Kraken Futures: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: −0.210%
Avg gap 7d: —

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 BloFin live order book, 47 min ago	2.81 bp	24.5 bp −$24	62.5 bp −$625	doesn't fit	doesn't fit
Sell Kraken Futures no order-book sample	—	—	—	—	—

Kraken Futures: 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.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Kraken Futures PF_MELANIAUSDshort	−0.2803%	1h	$25K	$656	10x
BloFin MELANIA-USDTlong	+0.0100%	4h	$198K	$9K	75x
Hyperliquid MELANIA	+0.0100%	1h	$1.6M	$192K	3x	as long as short
Binance MELANIAUSDT	+0.0100%	4h	$2.9M	$2.8M	75x	as long as short
Gate MELANIA_USDT	+0.0100%	4h	$399K	$57K	50x	as long as short
MEXC MELANIA_USDT	+0.0100%	4h	$1.2M	$132K	100x	as long as short
KuCoin MELANIAUSDTM	+0.0100%	4h	$378K	$1.6M	30x	as long as short
Bitget MELANIAUSDT	+0.0100%	4h	$958K	$218K	50x	as long as short
BingX MELANIA-USDT	+0.0100%	4h	—	$1.4M	—	as long as short
Variational Omni MELANIA	+0.0100%	4h	$111K	$1K	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Aevo MELANIA-PERP	+0.0104%	1h	$245K	—	3x	as long as short
Aster MELANIAUSDT	+0.0446%	4h	$21K	$14K	5x	as long as short
Bybit MELANIAUSDT	+0.0637%	4h	$1.5M	$591K	20x	as long as short