MELANIA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0051%/8h= +5.6% APRnext payment +$0.26 per $10,000 · paid last 24h −0.002%

Price spread now: MEXC against BloFin−0.446%619s7-day average −0.019% · you buy dearer than you sell

Net, funding: paid 7d − costs−$90as 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−$900.900% of the position

Long on BloFin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.004%$0 on $10k

Price spread, last 3 days (all we have)+0.518%+$52 · spread now −0.446%, 7d avg −0.019%

Together, before fees+0.522%+$52 on $10k · with fees, hour by hour

Funding pays, the price is against you. MEXC is 0.427% cheaper against BloFin than usual: you would sell low and buy high (spread −0.446% now, against its 7-day average of −0.019%). If the spread goes back, that is −$43 on $10k: about 28 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.004% in total) that is about years. The two prices were read 619 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	0.1100	0.0049	pay 0.0024% / 4h	2h 38m	$199K	$6K	75x
Short	MEXC MELANIA_USDT	0.1095	0.0100	get 0.0050% / 4h	2h 38m	$1.2M	$136K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.446%Rate

Funding earned: $10.77
Price spread: −0.446% → −0.019%: −$42.69
Slippage, 4 orders: −$73.99
Fee BloFin: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$121.91
Costs to cover: 0.900%
Break-even: 86.2 days

Slippage from BloFin: live order book, 21 min ago; MEXC: live order book, 2 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, 21 min ago	9.68 bp	25.2 bp −$25	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	0.91 bp	16.7 bp −$17	53.3 bp −$533	106.2 bp −$10.6K	259.7 bp −$129.9K

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	+0.0049%	4h	0.1100	long leg	$199K	$6K	75x
Hyperliquid MELANIA	+0.0100%	1h	0.1098	−0.182%	$1.7M	$207K	3x	as long as short
Binance MELANIAUSDT	+0.0100%	4h	0.1094	−0.505%	$3.0M	$3.1M	75x	as long as short
Bybit MELANIAUSDT	+0.0100%	4h	0.1096	−0.364%	$1.5M	$725K	20x	as long as short
Gate MELANIA_USDT	+0.0100%	4h	0.1091	−0.800%	$419K	$65K	50x	as long as short
MEXC MELANIA_USDTshort	+0.0100%	4h	0.1095	−0.446%	$1.2M	$136K	100x
KuCoin MELANIAUSDTM	+0.0100%	4h	0.1093	−0.609%	$404K	$1.2M	30x	as long as short
Bitget MELANIAUSDT	+0.0100%	4h	0.1093	−0.600%	$961K	$215K	50x	as long as short
BingX MELANIA-USDT	+0.0100%	4h	0.1099	−0.109%	—	$1.5M	—	as long as short
Variational Omni MELANIA	+0.0100%	4h	0.1097	−0.256%	$114K	$590	—	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	0.1104	+0.425%	$253K	—	3x	as long as short
Aster MELANIAUSDT	+0.0733%	4h	0.1093	−0.600%	$21K	$15K	5x	as long as short
Kraken Futures PF_MELANIAUSD	+0.1505%	1h	0.1095	−0.414%	$25K	$3K	10x	as long as short