Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: Hyperliquid against BingX−0.083%7-day average −0.073% · you buy dearer than you sell
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$1081.075% of the position
Funding, last 7 days−0.065%−$7 on $10k
+Price spread, last 7 days−0.008%−$1 · spread now −0.083%, 7d avg −0.073%
=Together, before fees−0.073%+ Points / potential airdropHyperliquid: Season 2 · farm board−$7 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX MELANIA-USDT | 0.1089 | 0.0100 | pay 0.0050% / 4h | 51m 24s | — | $1.5M | — |
| Short | Hyperliquid MELANIA | 0.1088 | 0.0100 | get 0.0013% / 1h | 51m 24s | $1.7M | $202K | 3x |
BingX MELANIA-USDT
Hyperliquid MELANIAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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: −0.083% → −0.073%
- −$0.93
- Slippage, 4 orders
- −$88.54
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$108.47
- Costs to cover
- 1.075%
- Break-even
- never at this rate
Slippage from BingX: live order book, 5 min ago; Hyperliquid: live order book, 9 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, 5 min ago | 5.05 bp | 32.2 bp −$32 | 143.4 bp −$1,434 | 530.6 bp −$53.1K | 711.8 bp −$355.9K |
| Sell Hyperliquid live order book, 9 min ago | 2.30 bp | 27.2 bp −$27 | doesn't fit | 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 MELANIAshort | +0.0100% | 1h | 0.1088 | −0.083% | $1.7M | $202K | 3x | |
| Binance MELANIAUSDT | +0.0100% | 4h | 0.1089 | −0.014% | $3.0M | $3.0M | 75x | as long as short |
| Bybit MELANIAUSDT | +0.0100% | 4h | 0.1090 | +0.073% | $1.5M | $676K | 20x | as long as short |
| Gate MELANIA_USDT | +0.0100% | 4h | 0.1091 | +0.138% | $423K | $62K | 50x | as long as short |
| MEXC MELANIA_USDT | +0.0100% | 4h | 0.1089 | −0.028% | $1.2M | $135K | 100x | as long as short |
| KuCoin MELANIAUSDTM | +0.0100% | 4h | 0.1089 | −0.009% | $396K | $951K | 30x | as long as short |
| Bitget MELANIAUSDT | +0.0100% | 4h | 0.1089 | +0.009% | $965K | $216K | 50x | as long as short |
| BingX MELANIA-USDTlong | +0.0100% | 4h | 0.1089 | long leg | — | $1.5M | — | |
| Variational Omni MELANIA | +0.0100% | 4h | 0.1088 | −0.101% | $113K | $590 | — | as long as short |
| Aevo MELANIA-PERP | +0.0104% | 1h | 0.1090 | +0.083% | $249K | — | 3x | as long as short |
Binance MELANIAUSDT
Bybit MELANIAUSDT
Gate MELANIA_USDT
MEXC MELANIA_USDT
KuCoin MELANIAUSDTM
Bitget MELANIAUSDT
Variational Omni MELANIA
Aevo MELANIA-PERPShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin MELANIA-USDT | +0.0125% | 4h | 0.1092 | +0.248% | $196K | $6K | 75x | as long as short |
| Aster MELANIAUSDT | +0.0745% | 4h | 0.1093 | +0.396% | $21K | $16K | 5x | as long as short |
| Kraken Futures PF_MELANIAUSD | +0.1981% | 1h | 0.1089 | −0.032% | $25K | $3K | 10x | as long as short |
BloFin MELANIA-USDT
Aster MELANIAUSDT
Kraken Futures PF_MELANIAUSD