MELANIA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0026%/8h= −2.8% APRnext payment −$0.13 per $10,000 · paid last 24h −0.002%

Price spread now: KuCoin against BloFin−0.175%50s7-day average −0.088% · you buy dearer than you sell

Net, funding: paid 7d − costs−$310as 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−$3223.217% of the position

Long on BloFin Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.112%+$11 on $10k

Price spread, last 3 days (all we have)+0.186%+$19 · spread now −0.175%, 7d avg −0.088%

Together, before fees+0.298%+$30 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 KuCoin is 0.087% cheaper against BloFin than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.088%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.112%, so the current rate has only just turned against you. The two prices were read 50 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	BloFin MELANIA-USDT	0.1084	0.0126	pay 0.0063% / 4h	2h 56m	$197K	$6K	75x
Short	KuCoin MELANIAUSDTM	0.1082	0.0100	get 0.0050% / 4h	2h 56m	$406K	$1.2M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against BloFin. 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 BloFinbpFee KuCoinbpOrdersPrice spread, now −0.175%Rate

Funding earned: −$5.39
Price spread: −0.175% → −0.088%: −$8.72
Slippage, 4 orders: −$297.69
Fee BloFin: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$335.79
Costs to cover: 3.217%
Break-even: never at this rate

Slippage from BloFin: live order book, 3 min ago; KuCoin: live order book, 3 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 BloFin live order book, 3 min ago	9.68 bp	25.2 bp −$25	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 3 min ago	9.22 bp	136.5 bp −$136	doesn't fit	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
Hyperliquid MELANIA	+0.0100%	1h	0.1081	−0.277%	$1.7M	$201K	3x	as long as short
Binance MELANIAUSDT	+0.0100%	4h	0.1082	−0.166%	$3.0M	$3.1M	75x	as long as short
Bybit MELANIAUSDT	+0.0100%	4h	0.1082	−0.212%	$1.4M	$666K	20x	as long as short
Gate MELANIA_USDT	+0.0100%	4h	0.1081	−0.277%	$415K	$60K	50x	as long as short
MEXC MELANIA_USDT	+0.0100%	4h	0.1081	−0.221%	$1.2M	$134K	100x	as long as short
KuCoin MELANIAUSDTMshort	+0.0100%	4h	0.1082	−0.175%	$406K	$1.2M	30x
Bitget MELANIAUSDT	+0.0100%	4h	0.1081	−0.221%	$950K	$212K	50x	as long as short
BingX MELANIA-USDT	+0.0100%	4h	0.1082	−0.194%	—	$1.5M	—	as long as short
Variational Omni MELANIA	+0.0100%	4h	0.1085	+0.125%	$113K	$590	—	as long as short
Aevo MELANIA-PERP	+0.0104%	1h	0.1083	−0.125%	$248K	—	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-USDTlong	+0.0126%	4h	0.1084	long leg	$197K	$6K	75x
Aster MELANIAUSDT	+0.0675%	4h	0.1083	−0.096%	$20K	$15K	5x	as long as short
Kraken Futures PF_MELANIAUSD	+0.1520%	1h	0.1084	+0.013%	$25K	$3K	10x	as long as short