Settings8H · net · $10k
Funding arb · Price arb /

MELANIA

all MELANIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Binance against Aevo−0.225%7-day average +0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$467as in the Funding arb table
Net, price: spread back to 7d avg − costs−$497as in the Price arb table
costs, in and out, $10k−$4714.715% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.047%+$5 on $10k
Price spread, last 3 days (all we have)+0.654%+$65 · spread now −0.225%, 7d avg +0.030%
Together, before fees+0.701%+$70 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.255% cheaper against Aevo than usual: you would sell low and buy high, −$26 on $10k if it goes back to its 7-day average of +0.030%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo MELANIA-PERP0.10780.0104pay 0.0013% / 1h2m 19s$246K3x
ShortBinance MELANIAUSDT0.10760.0100get 0.0050% / 4h2h 02m$2.9M$3.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Aevo. 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

Funding earned
−$0.84
Price spread: −0.225% → +0.030%
−$25.54
Slippage, 4 orders
−$445.45
Fee Aevo: 8 bp × 2 orders
−$16
Fee Binance: 5 bp × 2 orders
−$10
Net
−$497.83
Costs to cover
4.715%
Break-even
never at this rate
Slippage from Aevo: live order book, 22 min ago; Binance: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aevo live order book, 22 min ago139.54 bp207.6 bp −$2081087.9 bp −$10.9Kdoesn't fitdoesn't fit
Sell Binance live order book, 3 min ago3.26 bp34.1 bp −$34110.0 bp −$1,100doesn't fitdoesn't fit

MELANIA on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_MELANIAUSD−0.0952%1h0.1076−0.199%$25K$3K10xas long as short
BloFin MELANIA-USDT+0.0084%4h0.1075−0.284%$197K$6K75xas long as short
Hyperliquid MELANIA+0.0100%1h0.1076−0.210%$1.7M$199K3xas long as short
Binance MELANIAUSDTshort+0.0100%4h0.1076−0.225%$2.9M$3.0M75x
Gate MELANIA_USDT+0.0100%4h0.1075−0.321%$418K$67K50xas long as short
MEXC MELANIA_USDT+0.0100%4h0.1076−0.228%$1.2M$138K100xas long as short
KuCoin MELANIAUSDTM+0.0100%4h0.1074−0.367%$391K$838K30xas long as short
Bitget MELANIAUSDT+0.0100%4h0.1076−0.163%$961K$207K50xas long as short
Variational Omni MELANIA+0.0100%4h0.1074−0.400%$111K$1Kas long as short
Aevo MELANIA-PERPlong+0.0104%1h0.1078long leg$246K3x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit MELANIAUSDT+0.0238%4h0.1076−0.219%$1.5M$651K20xas long as short
BingX MELANIA-USDT+0.0300%4h0.1076−0.145%$1.5Mas long as short
Aster MELANIAUSDT+0.0664%4h0.1075−0.240%$20K$16K5xas long as short