MELANIA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.10 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against Bybit−0.046%7-day average +0.009% · you buy dearer than you sell

Net, funding: paid 7d − costs−$128as in the Funding arb table

Net, price: spread back to 7d avg − costs−$140as in the Price arb table

costs, in and out, $10k−$1351.348% of the position

Long on Bybit Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.064%+$6 on $10k

Price spread, last 7 days+0.063%+$6 · spread now −0.046%, 7d avg +0.009%

Together, before fees+0.127%+$13 on $10k · with fees, hour by hour

Funding pays, the price is against you. MEXC is 0.054% cheaper against Bybit than usual: you would sell low and buy high (spread −0.046% now, against its 7-day average of +0.009%). If the spread goes back, that is −$5 on $10k: about 9.1 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit MELANIAUSDT	0.1097	0.0100	pay 0.0050% / 4h	12m 25s	$1.5M	$781K	20x
Short	MEXC MELANIA_USDT	0.1096	0.0120	get 0.0060% / 4h	12m 25s	$1.2M	$138K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Bybit. 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 BybitbpFee MEXCbpOrdersPrice spread, now −0.046%Rate

Funding earned: $4.2
Price spread: −0.046% → +0.009%: −$5.45
Slippage, 4 orders: −$119.81
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$136.06
Costs to cover: 1.348%
Break-even: 233.8 days

Slippage from Bybit: live order book, 4 min ago; MEXC: live order book, 4 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 Bybit live order book, 4 min ago	5.01 bp	48.5 bp −$49	205.7 bp −$2,057	doesn't fit	doesn't fit
Sell MEXC live order book, 4 min ago	2.28 bp	24.2 bp −$24	54.8 bp −$548	121.1 bp −$12.1K	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	0.1095	−0.128%	$1.7M	$198K	3x	as long as short
Bybit MELANIAUSDTlong	+0.0100%	4h	0.1097	long leg	$1.5M	$781K	20x
Gate MELANIA_USDT	+0.0100%	4h	0.1094	−0.292%	$409K	$101K	50x	as long as short
Bitget MELANIAUSDT	+0.0100%	4h	0.1095	−0.137%	$944K	$231K	50x	as long as short
Variational Omni MELANIA	+0.0100%	4h	0.1098	+0.110%	$114K	$672	—	as long as short
BingX MELANIA-USDT	+0.0110%	4h	0.1096	−0.036%	—	$1.5M	—	as long as short
Aevo MELANIA-PERP	+0.0112%	1h	0.1085	−1.077%	$248K	—	3x	as long as short
MEXC MELANIA_USDTshort	+0.0120%	4h	0.1096	−0.046%	$1.2M	$138K	100x
Binance MELANIAUSDT	+0.0121%	4h	0.1096	−0.091%	$3.0M	$3.2M	75x	as long as short
BloFin MELANIA-USDT	+0.0154%	4h	0.1096	−0.100%	$196K	$6K	75x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin MELANIAUSDTM	+0.0526%	4h	0.1095	−0.173%	$449K	$1.6M	30x	as long as short
Aster MELANIAUSDT	+0.0878%	4h	0.1096	−0.119%	$21K	$15K	5x	as long as short
Kraken Futures PF_MELANIAUSD	+0.1747%	1h	0.1098	+0.066%	$25K	$3K	10x	as long as short