Funding you earn now, next payment 12:00 UTC−0.0034%/8h= −3.7% APRnext payment −$0.17 per $10,000 · paid last 24h −0.001%
Price spread now: Binance against BingX−0.088%7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$113as in the Price arb table
costs, in and out, $10k−$1061.055% of the position
Funding, last 7 days+0.002%$0 on $10k
+Price spread, last 7 days+0.118%+$12 · spread now −0.088%, 7d avg −0.012%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.076% cheaper against BingX than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.012%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX MELANIA-USDT | 0.1064 | 0.0134 | pay 0.0067% / 4h | 48m 33s | — | $1.5M | — |
| Short | Binance MELANIAUSDT | 0.1063 | 0.0100 | get 0.0050% / 4h | 48m 33s | $2.9M | $3.1M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BingX. 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
- −$7.14
- Price spread: −0.088% → −0.012%
- −$7.61
- Slippage, 4 orders
- −$85.51
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$120.26
- Costs to cover
- 1.055%
- Break-even
- never at this rate
Slippage from BingX: live order book, 6 min ago; Binance: live order book, 10 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 BingX live order book, 6 min ago | 3.76 bp | 26.3 bp −$26 | 99.6 bp −$996 | 562.7 bp −$56.3K | 810.2 bp −$405.1K |
| Sell Binance live order book, 10 min ago | 2.82 bp | 30.2 bp −$30 | 115.3 bp −$1,153 | doesn't fit | doesn't fit |
MELANIA on 13 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin MELANIA-USDT | +0.0076% | 4h | 0.1062 | −0.244% | $184K | $2K | 75x | as long as short |
| Hyperliquid MELANIA | +0.0100% | 1h | 0.1063 | −0.150% | $1.6M | $224K | 3x | as long as short |
| Binance MELANIAUSDTshort | +0.0100% | 4h | 0.1063 | −0.088% | $2.9M | $3.1M | 75x | |
| Bybit MELANIAUSDT | +0.0100% | 4h | 0.1063 | −0.113% | $1.5M | $822K | 20x | as long as short |
| Gate MELANIA_USDT | +0.0100% | 4h | 0.1060 | −0.413% | $393K | $130K | 50x | as long as short |
| MEXC MELANIA_USDT | +0.0100% | 4h | 0.1063 | −0.160% | $1.1M | $130K | 100x | as long as short |
| Variational Omni MELANIA | +0.0100% | 4h | 0.1062 | −0.181% | $110K | $861 | — | as long as short |
| Aevo MELANIA-PERP | +0.0104% | 1h | 0.1063 | −0.149% | $243K | — | 3x | as long as short |
| Bitget MELANIAUSDT | +0.0110% | 4h | 0.1061 | −0.310% | $936K | $233K | 50x | as long as short |
| BingX MELANIA-USDTlong | +0.0134% | 4h | 0.1064 | long leg | — | $1.5M | — |
Show all 13 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin MELANIAUSDTM | +0.0270% | 4h | 0.1061 | −0.319% | $412K | $2.6M | 30x | as long as short |
| Kraken Futures PF_MELANIAUSD | +0.0586% | 1h | 0.1063 | −0.147% | $25K | $3K | 10x | as long as short |
| Aster MELANIAUSDT | +0.1071% | 4h | 0.1062 | −0.255% | $20K | $12K | 5x | as long as short |
BingX MELANIA-USDT
Binance MELANIAUSDT
BloFin MELANIA-USDT
Hyperliquid MELANIA
Bybit MELANIAUSDT
Gate MELANIA_USDT
MEXC MELANIA_USDT
Variational Omni MELANIA
Bitget MELANIAUSDT
KuCoin MELANIAUSDTM
Kraken Futures PF_MELANIAUSD
Aster MELANIAUSDT