Funding spread now, next payment 17:00 UTC+0.3659%/8h
paid, last 24h+0.432%paid, last 4 days+0.540%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 0.540% in total (about 54.3% 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 | 0.1073 | −0.2803 | get 0.0350% / 1h | 55m 06s | $25K | $656 | 10x |
| Short | Bybit MELANIAUSDT | 0.1076 | 0.0856 | get 0.0428% / 4h | 3h 55m | $1.5M | $590K | 20x |
Kraken Futures PF_MELANIAUSD
Bybit MELANIAUSDTFunding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- $768.36
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $747.36
- Break-even
- 0.2 days
Slippage unknown: Kraken Futures: no order-book sample; Bybit: live order book, 2 min ago. Net counts fees only.
Price risk
price view- Price gap now
- +0.286%
- Avg gap 7d
- —
A gap far from its average can cost days of funding.
Backtest
opened in the past, held until now, after costsCost 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 Bybit live order book, 2 min ago | 3.26 bp | 19.1 bp −$19 | 132.9 bp −$1,329 | doesn't fit | doesn't fit |
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 | −0.2803% | 1h | $25K | $656 | 10x | |
| BloFin MELANIA-USDT | +0.0100% | 4h | $198K | $9K | 75x | as long as short |
| Hyperliquid MELANIA | +0.0100% | 1h | $1.6M | $197K | 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 | $377K | $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 |
BloFin MELANIA-USDT
Hyperliquid MELANIA
Binance MELANIAUSDT
Gate MELANIA_USDT
MEXC MELANIA_USDT
KuCoin MELANIAUSDTM
Bitget MELANIAUSDT
BingX MELANIA-USDT
Variational Omni MELANIAShow all 13 venues
| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Aevo MELANIA-PERP | +0.0104% | 1h | $246K | — | 3x | as long as short |
| Aster MELANIAUSDT | +0.0432% | 4h | $21K | $14K | 5x | as long as short |
| Bybit MELANIAUSDTshort | +0.0856% | 4h | $1.5M | $590K | 20x |
Aevo MELANIA-PERP
Aster MELANIAUSDT