MELANIA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0006%/8h= −0.7% APRnext payment −$0.03 per $10,000 · paid last 24h −0.001%

Price spread now: Bitget against BingX−0.046%7-day average −0.025% · you buy dearer than you sell

Net, funding: paid 7d − costs−$138as in the Funding arb table

Net, price: spread back to 7d avg − costs−$134as in the Price arb table

costs, in and out, $10k−$1311.315% of the position

Long on BingX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.063%−$6 on $10k

Price spread, last 4 days (all we have)+0.108%+$11 · spread now −0.046%, 7d avg −0.025%

Together, before fees+0.045%+$5 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.021% cheaper against BingX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.025%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX MELANIA-USDT	0.1094	0.0106	pay 0.0053% / 4h	3h 07m	—	$1.5M	—
Short	Bitget MELANIAUSDT	0.1093	0.0100	get 0.0050% / 4h	3h 07m	$959K	$205K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against BingX. 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 BingXbpFee BitgetbpOrdersPrice spread, now −0.046%Rate

Funding earned: −$1.26
Price spread: −0.046% → −0.025%: −$2.08
Slippage, 4 orders: −$109.47
Fee BingX: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$134.81
Costs to cover: 1.315%
Break-even: never at this rate

Slippage from BingX: live order book, 10 min ago; Bitget: live order book, 63 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, 10 min ago	5.95 bp	28.6 bp −$29	121.9 bp −$1,219	582.3 bp −$58.2K	814.0 bp −$407.0K
Sell Bitget live order book, 63 min ago	7.35 bp	38.5 bp −$38	127.3 bp −$1,273	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	0.1092	−0.146%	$1.7M	$199K	3x	as long as short
Binance MELANIAUSDT	+0.0100%	4h	0.1093	−0.026%	$3.0M	$3.0M	75x	as long as short
Gate MELANIA_USDT	+0.0100%	4h	0.1091	−0.210%	$418K	$58K	50x	as long as short
MEXC MELANIA_USDT	+0.0100%	4h	0.1093	−0.027%	$1.2M	$138K	100x	as long as short
KuCoin MELANIAUSDTM	+0.0100%	4h	0.1094	+0.027%	$416K	$1.2M	30x	as long as short
Bitget MELANIAUSDTshort	+0.0100%	4h	0.1093	−0.046%	$959K	$205K	50x
Variational Omni MELANIA	+0.0100%	4h	0.1094	+0.038%	$113K	$590	—	as long as short
Aevo MELANIA-PERP	+0.0104%	1h	0.1094	+0.069%	$250K	—	3x	as long as short
BingX MELANIA-USDTlong	+0.0106%	4h	0.1094	long leg	—	$1.5M	—
BloFin MELANIA-USDT	+0.0109%	4h	0.1094	+0.064%	$197K	$6K	75x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit MELANIAUSDT	+0.0129%	4h	0.1095	+0.082%	$1.5M	$659K	20x	as long as short
Aster MELANIAUSDT	+0.0767%	4h	0.1094	+0.059%	$21K	$15K	5x	as long as short
Kraken Futures PF_MELANIAUSD	+0.0972%	1h	0.1093	−0.035%	$25K	$3K	10x	as long as short