MELANIA

Alert

Funding spread now, next payment 16:00 UTC+0.1772%/8h

paid, last 24h+0.432%paid, last 4 days+0.603%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 0.603% in total (about 61.3% 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	Kraken Futures PF_MELANIAUSD	0.1069	−0.1672	get 0.0209% / 1h	49m 05s	$25K	$591	10x
Short	BingX MELANIA-USDT	0.1074	0.0100	get 0.0050% / 4h	49m 05s	—	$1.4M	—

Funding history

latest

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Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee Kraken FuturesbpFee BingXbpOrdersRate

Funding earned: $372.06
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: $352.06
Break-even: 0.4 days

Slippage unknown: Kraken Futures: no order-book sample; BingX: live order book, 4 min ago. Net counts fees only.

Price risk

price view

Price gap now: +0.472%
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 Kraken Futures no order-book sample	—	—	—	—	—
Sell BingX live order book, 4 min ago	6.05 bp	15.5 bp −$16	61.9 bp −$619	532.1 bp −$53.2K	765.5 bp −$382.8K

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_MELANIAUSDlong	−0.1672%	1h	$25K	$591	10x
BloFin MELANIA-USDT	+0.0047%	4h	$199K	$9K	75x	as long as short
Hyperliquid MELANIA	+0.0100%	1h	$1.6M	$183K	3x	as long as short
Binance MELANIAUSDT	+0.0100%	4h	$2.9M	$2.7M	75x	as long as short
Bybit MELANIAUSDT	+0.0100%	4h	$1.4M	$545K	20x	as long as short
Gate MELANIA_USDT	+0.0100%	4h	$399K	$59K	50x	as long as short
MEXC MELANIA_USDT	+0.0100%	4h	$1.2M	$130K	100x	as long as short
KuCoin MELANIAUSDTM	+0.0100%	4h	$378K	$1.7M	30x	as long as short
Bitget MELANIAUSDT	+0.0100%	4h	$954K	$207K	50x	as long as short
BingX MELANIA-USDTshort	+0.0100%	4h	—	$1.4M	—

Show all 13 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Variational Omni MELANIA	+0.0100%	4h	$111K	$924	—	as long as short
Aevo MELANIA-PERP	+0.0104%	1h	$246K	—	3x	as long as short
Aster MELANIAUSDT	+0.0282%	4h	$21K	$14K	5x	as long as short