MELANIA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0013%/8h= −1.4% APRnext payment −$0.06 per $10,000 · paid last 24h −0.005%

Price spread now: Binance against BloFin−0.009%71s7-day average −0.009% · you buy dearer than you sell

Net, funding: paid 7d − costs−$100as 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−$1011.011% of the position

Long on BloFin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.006%+$1 on $10k

Price spread, last 4 days (all we have)+0.084%+$8 · spread now −0.009%, 7d avg −0.009%

Together, before fees+0.090%+$9 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.009%, so right now this pair is about funding alone: $0 a day on $10k at the current rate. The two prices were read 71 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	BloFin MELANIA-USDT	0.1087	0.0113	pay 0.0056% / 4h	11m 55s	$190K	$5K	75x
Short	Binance MELANIAUSDT	0.1087	0.0100	get 0.0050% / 4h	11m 55s	$2.9M	$3.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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 BloFinbpFee BinancebpOrdersPrice spread, now −0.009%Rate

Funding earned: −$2.67
Price spread: −0.009% → −0.009%: −$0.02
Slippage, 4 orders: −$79.08
Fee BloFin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$103.77
Costs to cover: 1.011%
Break-even: never at this rate

Slippage from BloFin: live order book, 58 min ago; Binance: 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 BloFin live order book, 58 min ago	4.12 bp	19.8 bp −$20	63.6 bp −$636	doesn't fit	doesn't fit
Sell Binance live order book, 9 min ago	3.69 bp	31.8 bp −$32	110.2 bp −$1,102	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 MELANIA	+0.0100%	1h	0.1086	−0.101%	$1.7M	$225K	3x	as long as short
Binance MELANIAUSDTshort	+0.0100%	4h	0.1087	−0.009%	$2.9M	$3.4M	75x
Bybit MELANIAUSDT	+0.0100%	4h	0.1087	+0.009%	$1.5M	$853K	20x	as long as short
Gate MELANIA_USDT	+0.0100%	4h	0.1084	−0.230%	$408K	$124K	50x	as long as short
MEXC MELANIA_USDT	+0.0100%	4h	0.1086	−0.028%	$1.2M	$142K	100x	as long as short
KuCoin MELANIAUSDTM	+0.0100%	4h	0.1084	−0.258%	$407K	$2.1M	30x	as long as short
Bitget MELANIAUSDT	+0.0100%	4h	0.1087	+0.037%	$933K	$249K	50x	as long as short
BingX MELANIA-USDT	+0.0100%	4h	0.1087	+0.009%	—	$1.5M	—	as long as short
Variational Omni MELANIA	+0.0100%	4h	0.1085	−0.195%	$112K	$672	—	as long as short
Aevo MELANIA-PERP	+0.0104%	1h	0.1085	−0.166%	$248K	—	3x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin MELANIA-USDTlong	+0.0113%	4h	0.1087	long leg	$190K	$5K	75x
Aster MELANIAUSDT	+0.0633%	4h	0.1083	−0.329%	$21K	$17K	5x	as long as short
Kraken Futures PF_MELANIAUSD	+0.1010%	1h	0.1088	+0.077%	$25K	$3K	10x	as long as short