MELANIA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0043%/8h= +4.7% APRnext payment +$0.21 per $10,000 · paid last 24h +0.013%

Price spread now: KuCoin against BloFin−0.101%65s7-day average −0.083% · you buy dearer than you sell

Net, funding: paid 7d − costs−$281as 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−$2922.921% of the position

Long on BloFin Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.108%+$11 on $10k

Price spread, last 4 days (all we have)+0.096%+$10 · spread now −0.101%, 7d avg −0.083%

Together, before fees+0.204%+$20 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.083%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. The two prices were read 65 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	0.1088	0.0057	pay 0.0029% / 4h	48m 06s	$191K	$5K	75x
Short	KuCoin MELANIAUSDTM	0.1087	0.0100	get 0.0050% / 4h	48m 06s	$407K	$2.0M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.101%Rate

Funding earned: $8.93
Price spread: −0.101% → −0.083%: −$1.86
Slippage, 4 orders: −$268.05
Fee BloFin: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$284.98
Costs to cover: 2.921%
Break-even: 230.5 days

Slippage from BloFin: live order book, 22 min ago; KuCoin: live order book, 8 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, 22 min ago	4.12 bp	19.8 bp −$20	63.6 bp −$636	doesn't fit	doesn't fit
Sell KuCoin live order book, 8 min ago	9.23 bp	143.7 bp −$144	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
BloFin MELANIA-USDTlong	+0.0057%	4h	0.1088	long leg	$191K	$5K	75x
Hyperliquid MELANIA	+0.0100%	1h	0.1092	+0.322%	$1.7M	$224K	3x	as long as short
Binance MELANIAUSDT	+0.0100%	4h	0.1092	+0.331%	$3.0M	$3.4M	75x	as long as short
Bybit MELANIAUSDT	+0.0100%	4h	0.1091	+0.267%	$1.5M	$850K	20x	as long as short
Gate MELANIA_USDT	+0.0100%	4h	0.1087	−0.129%	$409K	$124K	50x	as long as short
MEXC MELANIA_USDT	+0.0100%	4h	0.1092	+0.331%	$1.2M	$139K	100x	as long as short
KuCoin MELANIAUSDTMshort	+0.0100%	4h	0.1087	−0.101%	$407K	$2.0M	30x
Bitget MELANIAUSDT	+0.0100%	4h	0.1092	+0.368%	$937K	$246K	50x	as long as short
BingX MELANIA-USDT	+0.0100%	4h	0.1093	+0.432%	—	$1.5M	—	as long as short
Variational Omni MELANIA	+0.0100%	4h	0.1090	+0.155%	$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	0.1095	+0.634%	$250K	—	3x	as long as short
Aster MELANIAUSDT	+0.0906%	4h	0.1086	−0.175%	$21K	$17K	5x	as long as short
Kraken Futures PF_MELANIAUSD	+0.1007%	1h	0.1091	+0.289%	$25K	$3K	10x	as long as short