MELANIA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0013%/8h= −1.4% APRnext payment −$0.07 per $10,000 · paid last 24h +0.005%

Price spread now: BloFin against Bitget−0.110%45s7-day average +0.024% · you buy dearer than you sell

Net, funding: paid 7d − costs−$120as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1261.260% of the position

Long on Bitget Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.059%+$6 on $10k

Price spread, last 4 days (all we have)+0.012%+$1 · spread now −0.110%, 7d avg +0.024%

Together, before fees+0.071%+$7 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and BloFin is 0.135% cheaper against Bitget than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.024%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.059%, so the current rate has only just turned against you. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget MELANIAUSDT	0.1086	0.0100	pay 0.0050% / 4h	18m 36s	$933K	$250K	50x
Short	BloFin MELANIA-USDT	0.1085	0.0087	get 0.0043% / 4h	18m 36s	$191K	$5K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Bitget. 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 BitgetbpFee BloFinbpOrdersPrice spread, now −0.110%Rate

Funding earned: −$2.77
Price spread: −0.110% → +0.024%: −$13.48
Slippage, 4 orders: −$101.98
Fee Bitget: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$142.24
Costs to cover: 1.260%
Break-even: never at this rate

Slippage from Bitget: live order book, 17 min ago; BloFin: live order book, 52 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 Bitget live order book, 17 min ago	7.36 bp	33.5 bp −$33	156.8 bp −$1,568	doesn't fit	doesn't fit
Sell BloFin live order book, 52 min ago	4.12 bp	23.1 bp −$23	64.4 bp −$644	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
BloFin MELANIA-USDTshort	+0.0087%	4h	0.1085	−0.110%	$191K	$5K	75x
Hyperliquid MELANIA	+0.0100%	1h	0.1085	−0.156%	$1.7M	$225K	3x	as long as short
Binance MELANIAUSDT	+0.0100%	4h	0.1086	−0.037%	$2.9M	$3.4M	75x	as long as short
Bybit MELANIAUSDT	+0.0100%	4h	0.1086	−0.046%	$1.5M	$855K	20x	as long as short
Gate MELANIA_USDT	+0.0100%	4h	0.1083	−0.267%	$408K	$124K	50x	as long as short
MEXC MELANIA_USDT	+0.0100%	4h	0.1086	−0.055%	$1.2M	$141K	100x	as long as short
KuCoin MELANIAUSDTM	+0.0100%	4h	0.1083	−0.304%	$407K	$2.1M	30x	as long as short
Bitget MELANIAUSDTlong	+0.0100%	4h	0.1086	long leg	$933K	$250K	50x
BingX MELANIA-USDT	+0.0100%	4h	0.1086	−0.055%	—	$1.5M	—	as long as short
Variational Omni MELANIA	+0.0100%	4h	0.1083	−0.275%	$112K	$672	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aevo MELANIA-PERP	+0.0104%	1h	0.1086	−0.031%	$248K	—	3x	as long as short
Aster MELANIAUSDT	+0.0646%	4h	0.1084	−0.250%	$21K	$17K	5x	as long as short
Kraken Futures PF_MELANIAUSD	+0.1012%	1h	0.1086	−0.019%	$25K	$3K	10x	as long as short