Funding you earn now, next payment 00:00 UTC−0.0277%/8h= −30.3% APRnext payment −$1.39 per $10,000 · paid last 24h −0.001%
Price spread now: Variational Omni against BingX+0.181%7-day average +0.015% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.005%$0 on $10k
+Price spread, last 3 days (all we have)−0.052%−$5 · spread now +0.181%, 7d avg +0.015%
=Together, before fees−0.056%+ Points / potential airdropVariational Omni: Active · farm board−$6 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.165% dearer against BingX than usual: you sell high and buy low (spread +0.181% now, against its 7-day average of +0.015%): +$17 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 48 hours. At the pace of the last 3 days (−0.005% in total) that is about 4 months.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.005% in total (about -0.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.39 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX MELANIA-USDT | 0.1080 | 0.0419 | pay 0.0209% / 4h | 2h 11m | — | $1.5M | — |
| Short | Variational Omni MELANIA | 0.1082 | 0.0142 | get 0.0071% / 4h | 2h 11m | $112K | $1K | — |
BingX MELANIA-USDT
Variational Omni MELANIAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$58.18
- Price spread: +0.181% → +0.015%
- $16.53
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$51.65
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: BingX: live order book, 4 min ago; Variational Omni: RFQ quote, 12 min ago. Net counts fees only.
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 | 5.09 bp | 46.2 bp −$46 | 154.8 bp −$1,548 | 485.5 bp −$48.5K | 676.4 bp −$338.2K |
| Sell Variational Omni RFQ quote, 12 min ago | 13.93 bp | doesn't fit | 144.0 bp −$1,440 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_MELANIAUSD | −0.0948% | 1h | 0.1081 | +0.001% | $25K | $3K | 10x | as long as short |
| Hyperliquid MELANIA | +0.0100% | 1h | 0.1079 | −0.130% | $1.7M | $200K | 3x | as long as short |
| Binance MELANIAUSDT | +0.0100% | 4h | 0.1080 | −0.036% | $2.9M | $3.0M | 75x | as long as short |
| Gate MELANIA_USDT | +0.0100% | 4h | 0.1078 | −0.213% | $419K | $67K | 50x | as long as short |
| MEXC MELANIA_USDT | +0.0100% | 4h | 0.1080 | −0.065% | $1.2M | $137K | 100x | as long as short |
| KuCoin MELANIAUSDTM | +0.0100% | 4h | 0.1079 | −0.139% | $393K | $846K | 30x | as long as short |
| Bitget MELANIAUSDT | +0.0100% | 4h | 0.1081 | +0.009% | $965K | $207K | 50x | as long as short |
| Aevo MELANIA-PERP | +0.0104% | 1h | 0.1079 | −0.141% | $247K | — | 3x | as long as short |
| BloFin MELANIA-USDT | +0.0112% | 4h | 0.1081 | +0.093% | $195K | $6K | 75x | as long as short |
| Variational Omni MELANIAshort | +0.0142% | 4h | 0.1082 | +0.181% | $112K | $1K | — |
Kraken Futures PF_MELANIAUSD
Hyperliquid MELANIA
Binance MELANIAUSDT
Gate MELANIA_USDT
MEXC MELANIA_USDT
KuCoin MELANIAUSDTM
Bitget MELANIAUSDT
Aevo MELANIA-PERP
BloFin MELANIA-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit MELANIAUSDT | +0.0373% | 4h | 0.1080 | −0.037% | $1.5M | $645K | 20x | as long as short |
| BingX MELANIA-USDTlong | +0.0419% | 4h | 0.1080 | long leg | — | $1.5M | — | |
| Aster MELANIAUSDT | +0.0769% | 4h | 0.1080 | −0.070% | $20K | $16K | 5x | as long as short |
Bybit MELANIAUSDT
Aster MELANIAUSDT