Funding you earn now, next payment 23:00 UTC+0.0062%/8h= +6.8% APRpaid last 24h +0.001%
Price spread now: BingX against Hyperliquid+0.074%7-day average +0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$130as in the Price arb table
costs, in and out, $10k−$1301.298% of the position
Funding, last 7 days+0.065%+$7 on $10k
+Price spread, last 7 days+0.017%+$2 · spread now +0.074%, 7d avg +0.073%
=Together, before fees+0.082%+ Points / potential airdropHyperliquid: Season 2 · farm board+$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.073%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid MELANIA | 0.1080 | 0.0100 | pay 0.0013% / 1h | 31m 20s | $1.7M | $201K | 3x |
| Short | BingX MELANIA-USDT | 0.1081 | 0.0162 | get 0.0081% / 4h | 1h 31m | — | $1.5M | — |
Hyperliquid MELANIA
BingX MELANIA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Hyperliquid. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $13.02
- Price spread: +0.074% → +0.073%
- $0.08
- Slippage, 4 orders
- −$110.77
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$116.67
- Costs to cover
- 1.298%
- Break-even
- 69.7 days
Slippage from Hyperliquid: live order book, 9 min ago; BingX: live order book, 16 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 Hyperliquid live order book, 9 min ago | 3.22 bp | 26.2 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 16 min ago | 6.02 bp | 35.9 bp −$36 | 112.0 bp −$1,120 | 559.8 bp −$56.0K | 747.5 bp −$373.8K |
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 | +0.0044% | 4h | 0.1079 | −0.037% | $195K | $6K | 75x | as long as short |
| Kraken Futures PF_MELANIAUSD | +0.0072% | 1h | 0.1079 | −0.034% | $25K | $3K | 10x | as long as short |
| Hyperliquid MELANIAlong | +0.0100% | 1h | 0.1080 | long leg | $1.7M | $201K | 3x | |
| Binance MELANIAUSDT | +0.0100% | 4h | 0.1078 | −0.159% | $2.9M | $3.0M | 75x | as long as short |
| Gate MELANIA_USDT | +0.0100% | 4h | 0.1079 | −0.037% | $420K | $64K | 50x | as long as short |
| MEXC MELANIA_USDT | +0.0100% | 4h | 0.1081 | +0.102% | $1.2M | $135K | 100x | as long as short |
| KuCoin MELANIAUSDTM | +0.0100% | 4h | 0.1080 | +0.019% | $391K | $863K | 30x | as long as short |
| Bitget MELANIAUSDT | +0.0100% | 4h | 0.1078 | −0.139% | $961K | $208K | 50x | as long as short |
| Aevo MELANIA-PERP | +0.0104% | 1h | 0.1080 | −0.022% | $247K | — | 3x | as long as short |
| Variational Omni MELANIA | +0.0110% | 4h | 0.1085 | +0.498% | $113K | $1K | — | as long as short |
BloFin MELANIA-USDT
Kraken Futures PF_MELANIAUSD
Binance MELANIAUSDT
Gate MELANIA_USDT
MEXC MELANIA_USDT
KuCoin MELANIAUSDTM
Bitget MELANIAUSDT
Aevo MELANIA-PERP
Variational Omni MELANIAShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit MELANIAUSDT | +0.0115% | 4h | 0.1080 | +0.009% | $1.5M | $661K | 20x | as long as short |
| BingX MELANIA-USDTshort | +0.0162% | 4h | 0.1081 | +0.074% | — | $1.5M | — | |
| Aster MELANIAUSDT | +0.0509% | 4h | 0.1081 | +0.073% | $20K | $16K | 5x | as long as short |
Bybit MELANIAUSDT
Aster MELANIAUSDT