MELANIA

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0082%/8h= −9.0% APRnext payment −$0.41 per $10,000 · paid last 24h −0.001%

Price spread now: MEXC against BingX−0.197%7-day average −0.006% · you buy dearer than you sell

Net, funding: paid 7d − costs−$104as in the Funding arb table

Net, price: spread back to 7d avg − costs−$123as in the Price arb table

costs, in and out, $10k−$1041.043% of the position

Long on BingX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.002%$0 on $10k

Price spread, last 7 days+0.232%+$23 · spread now −0.197%, 7d avg −0.006%

Together, before fees+0.230%+$23 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and MEXC is 0.192% cheaper against BingX than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of −0.006%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX MELANIA-USDT	0.1065	0.0182	pay 0.0091% / 4h	1h 06m	—	$1.5M	—
Short	MEXC MELANIA_USDT	0.1063	0.0100	get 0.0050% / 4h	1h 06m	$1.1M	$138K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.197%Rate

Funding earned: −$17.22
Price spread: −0.197% → −0.006%: −$19.16
Slippage, 4 orders: −$90.28
Fee BingX: 5 bp × 2 orders: −$10
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$140.65
Costs to cover: 1.043%
Break-even: never at this rate

Slippage from BingX: live order book, 4 min ago; MEXC: live order book, 3 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, 4 min ago	6.11 bp	26.5 bp −$26	99.7 bp −$997	585.9 bp −$58.6K	827.2 bp −$413.6K
Sell MEXC live order book, 3 min ago	2.82 bp	32.0 bp −$32	59.3 bp −$593	127.3 bp −$12.7K	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	+0.0046%	4h	0.1063	−0.197%	$186K	$2K	75x	as long as short
Hyperliquid MELANIA	+0.0100%	1h	0.1062	−0.254%	$1.6M	$225K	3x	as long as short
Binance MELANIAUSDT	+0.0100%	4h	0.1063	−0.166%	$2.9M	$3.1M	75x	as long as short
Bybit MELANIAUSDT	+0.0100%	4h	0.1064	−0.085%	$1.5M	$814K	20x	as long as short
Gate MELANIA_USDT	+0.0100%	4h	0.1061	−0.385%	$394K	$133K	50x	as long as short
MEXC MELANIA_USDTshort	+0.0100%	4h	0.1063	−0.197%	$1.1M	$138K	100x
Variational Omni MELANIA	+0.0100%	4h	0.1063	−0.171%	$110K	$861	—	as long as short
Aevo MELANIA-PERP	+0.0104%	1h	0.1060	−0.449%	$242K	—	3x	as long as short
Bitget MELANIAUSDT	+0.0172%	4h	0.1064	−0.066%	$934K	$232K	50x	as long as short
BingX MELANIA-USDTlong	+0.0182%	4h	0.1065	long leg	—	$1.5M	—

Show all 13 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin MELANIAUSDTM	+0.0298%	4h	0.1063	−0.188%	$415K	$2.5M	30x	as long as short
Aster MELANIAUSDT	+0.1105%	4h	0.1064	−0.109%	$21K	$12K	5x	as long as short
Kraken Futures PF_MELANIAUSD	+0.1241%	1h	0.1062	−0.254%	$25K	$3K	10x	as long as short