Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%
Price spread now: Bybit against BingX+0.064%7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$135as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$1281.282% of the position
Funding, last 7 days−0.065%−$7 on $10k
+Price spread, last 7 days−0.146%−$15 · spread now +0.064%, 7d avg −0.016%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.080% dearer against BingX than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.016%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX MELANIA-USDT | 0.1096 | 0.0100 | pay 0.0050% / 4h | 2h 20m | — | $1.5M | — |
| Short | Bybit MELANIAUSDT | 0.1097 | 0.0100 | get 0.0050% / 4h | 2h 20m | $1.5M | $723K | 20x |
BingX MELANIA-USDT
Bybit MELANIAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0
- Price spread: +0.064% → −0.016%
- $7.98
- Slippage, 4 orders
- −$107.16
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$120.18
- Costs to cover
- 1.282%
- Break-even
- never at this rate
Slippage from BingX: live order book, 7 min ago; Bybit: live order book, 1 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, 7 min ago | 7.71 bp | 29.9 bp −$30 | 132.3 bp −$1,323 | 515.2 bp −$51.5K | 704.1 bp −$352.0K |
| Sell Bybit live order book, 1 min ago | 7.74 bp | 29.1 bp −$29 | 187.8 bp −$1,878 | doesn't fit | doesn't fit |
MELANIA on 12 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 | 0.1095 | −0.100% | $1.7M | $209K | 3x | as long as short |
| Binance MELANIAUSDT | +0.0100% | 4h | 0.1095 | −0.107% | $3.0M | $3.1M | 75x | as long as short |
| Bybit MELANIAUSDTshort | +0.0100% | 4h | 0.1097 | +0.064% | $1.5M | $723K | 20x | |
| Gate MELANIA_USDT | +0.0100% | 4h | 0.1095 | −0.046% | $421K | $67K | 50x | as long as short |
| MEXC MELANIA_USDT | +0.0100% | 4h | 0.1095 | −0.055% | $1.2M | $137K | 100x | as long as short |
| KuCoin MELANIAUSDTM | +0.0100% | 4h | 0.1097 | +0.091% | $429K | $1.3M | 30x | as long as short |
| Bitget MELANIAUSDT | +0.0100% | 4h | 0.1095 | −0.064% | $963K | $214K | 50x | as long as short |
| BingX MELANIA-USDTlong | +0.0100% | 4h | 0.1096 | long leg | — | $1.5M | — | |
| Variational Omni MELANIA | +0.0100% | 4h | 0.1099 | +0.301% | $114K | $590 | — | as long as short |
| Aevo MELANIA-PERP | +0.0104% | 1h | 0.1095 | −0.091% | $250K | — | 3x | as long as short |
Hyperliquid MELANIA
Binance MELANIAUSDT
Gate MELANIA_USDT
MEXC MELANIA_USDT
KuCoin MELANIAUSDTM
Bitget MELANIAUSDT
Variational Omni MELANIA
Aevo MELANIA-PERPShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster MELANIAUSDT | +0.0658% | 4h | 0.1098 | +0.191% | $21K | $15K | 5x | as long as short |
| Kraken Futures PF_MELANIAUSD | +0.1506% | 1h | 0.1094 | −0.152% | $25K | $3K | 10x | as long as short |
Aster MELANIAUSDT
Kraken Futures PF_MELANIAUSD