MELANIA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0070%/8h= +7.7% APRnext payment +$0.35 per $10,000 · paid last 24h +0.018%

Price spread now: KuCoin against Bybit−0.100%7-day average −0.048% · you buy dearer than you sell

Net, funding: paid 7d − costs−$336as in the Funding arb table

Net, price: spread back to 7d avg − costs−$359as in the Price arb table

costs, in and out, $10k−$3533.533% of the position

Long on Bybit Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.170%+$17 on $10k

Price spread, last 7 days+0.103%+$10 · spread now −0.100%, 7d avg −0.048%

Together, before fees+0.272%+$27 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.052% cheaper against Bybit than usual: you would sell low and buy high (spread −0.100% now, against its 7-day average of −0.048%). If the spread goes back, that is −$5 on $10k: about 2.5 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit MELANIAUSDT	0.1098	0.0100	pay 0.0050% / 4h	3h 07m	$1.5M	$816K	20x
Short	KuCoin MELANIAUSDTM	0.1097	0.0170	get 0.0085% / 4h	3h 07m	$438K	$1.7M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. 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 BybitbpFee KuCoinbpOrdersPrice spread, now −0.100%Rate

Funding earned: $14.7
Price spread: −0.100% → −0.048%: −$5.2
Slippage, 4 orders: −$330.32
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$343.82
Costs to cover: 3.533%
Break-even: 170.7 days

Slippage from Bybit: live order book, 4 min ago; KuCoin: live order book, 4 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 Bybit live order book, 4 min ago	2.72 bp	47.3 bp −$47	223.2 bp −$2,232	doesn't fit	doesn't fit
Sell KuCoin live order book, 4 min ago	9.08 bp	151.8 bp −$152	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-USDT	+0.0045%	4h	0.1098	+0.027%	$195K	$6K	75x	as long as short
Hyperliquid MELANIA	+0.0100%	1h	0.1097	−0.073%	$1.7M	$211K	3x	as long as short
Binance MELANIAUSDT	+0.0100%	4h	0.1100	+0.129%	$3.0M	$3.3M	75x	as long as short
Bybit MELANIAUSDTlong	+0.0100%	4h	0.1098	long leg	$1.5M	$816K	20x
Gate MELANIA_USDT	+0.0100%	4h	0.1096	−0.219%	$412K	$101K	50x	as long as short
MEXC MELANIA_USDT	+0.0100%	4h	0.1098	+0.027%	$1.2M	$138K	100x	as long as short
Bitget MELANIAUSDT	+0.0100%	4h	0.1098	+0.018%	$944K	$240K	50x	as long as short
BingX MELANIA-USDT	+0.0100%	4h	0.1099	+0.100%	—	$1.5M	—	as long as short
Variational Omni MELANIA	+0.0100%	4h	0.1102	+0.359%	$114K	$672	—	as long as short
Aevo MELANIA-PERP	+0.0104%	1h	0.1099	+0.083%	$251K	—	3x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin MELANIAUSDTMshort	+0.0170%	4h	0.1097	−0.100%	$438K	$1.7M	30x
Aster MELANIAUSDT	+0.0670%	4h	0.1099	+0.098%	$21K	$15K	5x	as long as short
Kraken Futures PF_MELANIAUSD	+0.1712%	1h	0.1098	−0.015%	$25K	$3K	10x	as long as short