Funding you earn now, next payment 08:00 UTC+0.0036%/8h= +4.0% APRnext payment +$0.18 per $10,000 · paid last 24h +0.005%
Price spread now: BloFin against Gate+0.175%63s7-day average +0.173% · you sell dearer than you buy
Net, funding: paid 7d − costs−$138as 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−$1451.445% of the position
Funding, last 7 days+0.061%+$6 on $10k
+Price spread, last 4 days (all we have)−0.099%−$10 · spread now +0.175%, 7d avg +0.173%
=The price spread sits at its 7-day average of +0.173%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. The two prices were read 63 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 | Gate MELANIA_USDT | 0.1087 | 0.0100 | pay 0.0050% / 4h | 1h 46m | $405K | $121K | 50x |
| Short | BloFin MELANIA-USDT | 0.1089 | 0.0136 | get 0.0068% / 4h | 1h 46m | $191K | $5K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Gate. 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
- $7.63
- Price spread: +0.175% → +0.173%
- $0.13
- Slippage, 4 orders
- −$117.5
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$136.73
- Costs to cover
- 1.445%
- Break-even
- 132.4 days
Slippage from Gate: live order book, 59 min ago; BloFin: live order book, 29 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 Gate live order book, 59 min ago | 24.71 bp | 41.2 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 29 min ago | 0.92 bp | 27.9 bp −$28 | 71.4 bp −$714 | 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 | 0.1088 | +0.083% | $1.7M | $224K | 3x | as long as short |
| Binance MELANIAUSDT | +0.0100% | 4h | 0.1088 | +0.090% | $3.0M | $3.4M | 75x | as long as short |
| Bybit MELANIAUSDT | +0.0100% | 4h | 0.1088 | +0.129% | $1.5M | $855K | 20x | as long as short |
| Gate MELANIA_USDTlong | +0.0100% | 4h | 0.1087 | long leg | $405K | $121K | 50x | |
| MEXC MELANIA_USDT | +0.0100% | 4h | 0.1088 | +0.129% | $1.2M | $137K | 100x | as long as short |
| KuCoin MELANIAUSDTM | +0.0100% | 4h | 0.1087 | 0.000% | $409K | $1.9M | 30x | as long as short |
| Bitget MELANIAUSDT | +0.0100% | 4h | 0.1089 | +0.147% | $934K | $242K | 50x | as long as short |
| BingX MELANIA-USDT | +0.0100% | 4h | 0.1089 | +0.184% | — | $1.5M | — | as long as short |
| Variational Omni MELANIA | +0.0100% | 4h | 0.1088 | +0.071% | $113K | $672 | — | as long as short |
| Aevo MELANIA-PERP | +0.0104% | 1h | 0.1085 | −0.184% | $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-USDTshort | +0.0136% | 4h | 0.1089 | +0.175% | $191K | $5K | 75x | |
| Aster MELANIAUSDT | +0.0874% | 4h | 0.1088 | +0.138% | $21K | $17K | 5x | as long as short |
| Kraken Futures PF_MELANIAUSD | +0.1440% | 1h | 0.1088 | +0.059% | $25K | $3K | 10x | as long as short |
Gate MELANIA_USDT
BloFin MELANIA-USDT
Hyperliquid MELANIA
Binance MELANIAUSDT
Bybit MELANIAUSDT
MEXC MELANIA_USDT
KuCoin MELANIAUSDTM
Bitget MELANIAUSDT
BingX MELANIA-USDT
Variational Omni MELANIA
Aster MELANIAUSDT
Kraken Futures PF_MELANIAUSD