MELANIA funding rates

MELANIA perpetual funding across 8 venues. Rates are annualized (APR); positive means longs pay shorts.

· refreshed every 5 min

Best pair · 7d
6.9%long Hyperliquid, short Aster · net 2.5%
Highest funding now
10.9%Hyperliquid
Lowest funding now
10.9%Hyperliquid
Listed on
8 venues

Funding by venue

7d chartFlagsOpen
HyperliquidMELANIA10.9%8.2%9.2%10.5%9.4%95%1h—0.09086$1.5M$176kHyHyperliquid
AsterMELANIAUSDT10.9%13.8%16.2%33.6%16.6%100%4h12:000.09094$10k$4kAsAster
BinanceCEXMELANIAUSDT10.9%10.9%13.6%13.7%14.1%100%4h12:000.09101$2.3M$1.3MBnBinance
BybitCEXMELANIAUSDT10.9%10.9%10.9%11.0%10.9%100%4h12:000.09109$918k$214kByBybit
BitgetCEXMELANIAUSDT10.9%10.9%15.2%14.3%15.9%100%4h12:000.09109$754k$133kBgBitget
GateCEXMELANIA_USDT10.9%10.2%10.5%10.9%10.5%97%4h12:000.0909$323k$36kGtGate
MEXCCEXMELANIA_USDT10.9%10.9%13.6%14.0%14.0%100%4h12:000.09102$841k$135kMxMEXC
VariationalMELANIA10.9%10.9%10.9%11.0%10.9%100%4h—0.09088$90k$1kVaVariational

Sparklines: hourly funding APR over the last 7 days, zero line dashed.

Long/short pairs

Funding spreads, annualized: short-leg rate minus long-leg rate.
Spread APRAfter taker feesQuality
7d trendFlagsOpenCalc
VariationalMEXCCEX0.0%0.0%2.6%3.0%1.6%2.4%5.5dweak$90kspread not incl.VaMxcalc
VariationalAster0.0%2.8%5.2%22.6%3.1%4.7%5.6dcooling$10klow OIspread not incl.VaAscalc
HyperliquidAster0.0%5.6%6.9%23.1%2.5%3.8%8.9dcooling$10klow OI1h/4hHyAscalc
VariationalBitgetCEX0.0%0.0%4.2%3.3%1.1%1.6%10dweak$90kspread not incl.VaBgcalc
HyperliquidMEXCCEX0.0%2.7%4.4%3.5%1.0%1.5%11dweak$841k1h/4hHyMxcalc
HyperliquidBitgetCEX0.0%2.7%5.9%3.8%0.5%0.7%13dcooling$754k1h/4hHyBgcalc
BybitCEXAster0.0%2.8%5.2%22.7%0.3%0.4%13dcooling$10klow OIByAscalc
VariationalBinanceCEX0.0%0.0%2.7%2.7%0.1%0.1%14dweak$90kspread not incl.VaBncalc
HyperliquidBinanceCEX0.0%2.7%4.4%3.2%−0.6%−0.8%16dweak$1.5M1h/4hHyBncalc
GateCEXAster0.0%3.5%5.7%22.7%−0.3%−0.4%15dcooling$10klow OIGtAscalc
HyperliquidVariational0.0%2.7%1.7%0.4%−0.6%−0.9%19dweak$90k1h/4hspread not incl.HyVacalc
MEXCCEXAster0.0%2.8%2.6%19.6%−0.6%−0.8%17dweak$10klow OIMxAscalc
BybitCEXMEXCCEX0.0%0.0%2.6%3.0%−1.3%−1.9%21dweak$841kByMxcalc
BybitCEXBitgetCEX0.0%0.0%4.2%3.3%−1.8%−2.7%20dweak$754kByBgcalc
GateCEXMEXCCEX0.0%0.7%3.1%3.1%−1.8%−2.7%22dweak$323kGtMxcalc
GateCEXBitgetCEX0.0%0.7%4.7%3.4%−2.4%−3.5%21dcooling$323kGtBgcalc
MEXCCEXBitgetCEX0.0%0.0%1.6%0.3%−2.6%−3.9%37dweak$754kMxBgcalc
BybitCEXBinanceCEX0.0%0.0%2.7%2.7%−2.8%−4.2%29dweak$918kByBncalc
GateCEXBinanceCEX0.0%0.7%3.2%2.8%−3.4%−5.0%29dweak$323kGtBncalc
GateCEXVariational0.0%0.7%0.5%0.1%−3.4%−5.1%114dweak$90kspread not incl.GtVacalc
HyperliquidBybitCEX0.0%2.7%1.7%0.4%−3.5%−5.2%42dweak$918k1h/4hHyBycalc
MEXCCEXBinanceCEX0.0%0.0%0.0%0.0%−3.6%−5.4%>999dweak$841kMxBncalc
BinanceCEXBitgetCEX0.0%0.0%1.5%1.2%−4.2%−6.3%52dweak$754kBnBgcalc
BinanceCEXAster0.0%2.8%2.5%17.6%−2.1%−3.2%26dweak$10klow OIBnAscalc
HyperliquidGateCEX0.0%2.0%1.2%0.3%−5.0%−7.5%70dweak$323k1h/4hHyGtcalc
GateCEXBybitCEX0.0%0.7%0.5%0.1%−6.3%−9.4%197dweak$323kGtBycalc
BitgetCEXAster0.0%2.8%1.0%19.3%−4.2%−6.3%72dweak$10klow OIBgAscalc
What the columns and badges mean
now
Current funding spread APR: short-leg rate minus long-leg rate, annualized.
24h
Average spread APR over the last 24 hours, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
7d
Average spread APR over the last 7 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet). Used for ranking and net APR.
30d
Average spread APR over the last 30 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
7d trend
Spread APR over the last 7 days in 6-hour averages; the dashed line is zero.
Net APR
7d spread APR minus taker fees to open and close both legs, spread over the holding period: net = spread7d − fees × 365 / days. Per unit of notional per leg.
On capital
Net APR on the capital posted for both legs at this leverage: net × leverage / 2.
Breakeven
Days of 7d-average funding needed to pay back open+close taker fees.
Min OI
Smaller open interest of the two legs, USD.
steady
Steady: prior-week spread at least 5% APR, last 24h positive and no spike, positive now. Not negative in X% of hours over 7 days.
spike
The last 24h spread is far above the prior 6-day average (more than 3×, or above 15% APR after a weak prior) — it may not last.
mixed
The spread was negative too often: not negative in only X% of hours over 7 days.
new
Less than 4 days of shared history in the prior week: stability cannot be judged yet.
weak
Prior-week spread under 5% APR: too small to call steady.
cooling
The prior week was solid, but the last 24h or the current spread is not positive.
≠ asset?
Mark prices differ by N bps — these may be different assets under one ticker, or contracts of a different size (e.g. per 1,000 coins). Verify before trading.
stale
At least one leg has not updated for over 30 minutes.
low OI
Open interest under $50k on at least one leg — size carefully.
8h/1h
Funding intervals differ (8h vs 1h): payments are not simultaneous.
TradFi
Tokenized stock, index or commodity: trading sessions and oracle rules may differ.
invite only
Invite-only venue: an account needs an invite code, so it is not selected by default. Tick it in the venue filter to include it.
spread not incl.
A leg trades on quotes with no fee (Variational): the cost is the market maker's quote spread, which we cannot see, so the net APR is before it. Compare the quote with the mark price before you trade.
CEX
Centralized exchange: trading needs an account with identity verification (KYC).

Prices now

Buy on the row's venue at its ask, sell on the column's venue at its bid; spread before fees.

Indicative · marks from 2026-10-12 10:01 UTC

Live quotes are unavailable right now (last update: never). Shown instead: indicative spreads between mark prices from the funding snapshot. Marks are taken minutes apart and are not prices you can trade at.

Indicative (mark or mid prices): buy on Hyperliquid at 0.09086, sell on Bitget at 0.09109: 0.253% before fees, 0.043% after taker fees.

MELANIA: spread buying on the row's venue and selling on the column's venue
Buy ↓ · Sell →Bitget0.09109Bybit0.09109MEXC0.09102Binance0.09101Aster0.0909429Gate0.0909Variational0.0908782Hyperliquid0.09086
Hyperliquid0.090860.253%0.253%0.176%0.165%0.091%0.044%0.020%—
Variational0.09087820.233%0.233%0.156%0.145%0.071%0.024%—−0.020%
Gate0.09090.209%0.209%0.132%0.121%0.047%—−0.024%−0.044%
Aster0.09094290.162%0.162%0.085%0.074%—−0.047%−0.071%−0.091%
Binance0.091010.088%0.088%0.011%—−0.074%−0.121%−0.145%−0.165%
MEXC0.091020.077%0.077%—−0.011%−0.085%−0.132%−0.156%−0.176%
Bitget0.09109—0.000%−0.077%−0.088%−0.162%−0.209%−0.233%−0.253%
Bybit0.091090.000%—−0.077%−0.088%−0.162%−0.209%−0.233%−0.253%
All quotes (8)
VenueBidAskQualityAgeVol 24hFlags
Aster0.09094290.0909429mark6m$4kno FX
BinanceCEX0.091010.09101mark6m$1.3Mno FX
BitgetCEX0.091090.09109mark6m$133kno FX
BybitCEX0.091090.09109mark6m$214kno FX
GateCEX0.09090.0909mark6m$36kno FX
Hyperliquid0.090860.09086mark6m$176k
MEXCCEX0.091020.09102mark6m$135kno FX
Variational0.09087820.0908782mark6m$1k

All spreads → · Hatched cells use a mark or mid price, a flagged venue or one outside the default selection.

↗ buttons open the exchange; some are referral links and we may earn a commission at no extra cost to you.