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: Gate against Aevo−0.327%7-day average −0.132% · you buy dearer than you sell
Net, funding: paid 7d − costs−$517as in the Funding arb table
Net, price: spread back to 7d avg − costs−$534as in the Price arb table
costs, in and out, $10k−$5155.147% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.020%−$2 on $10k
Price spread, last 3 days (all we have)+0.565%+$57 · spread now −0.327%, 7d avg −0.132%
Together, before fees+0.545%+$54 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: Gate is 0.196% cheaper against Aevo than usual: you would sell low and buy high, −$20 on $10k if it goes back to its 7-day average of −0.132%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo MELANIA-PERP0.10720.0104pay 0.0013% / 1h45m 51s$245K3x
ShortGate MELANIA_USDT0.10690.0100get 0.0050% / 4h2h 45m$417K$64K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: −0.327% → −0.132%
−$19.56
Slippage, 4 orders
−$483.67
Fee Aevo: 8 bp × 2 orders
−$16
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$535.07
Costs to cover
5.147%
Break-even
never at this rate
Slippage from Aevo: live order book, 43 min ago; Gate: live order book, 39 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, 43 min ago186.92 bp250.7 bp −$2511081.1 bp −$10.8Kdoesn't fitdoesn't fit
Sell Gate live order book, 39 min ago11.69 bp30.8 bp −$31doesn't fitdoesn'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−0.0956%1h0.1071−0.112%$25K$2K10xas long as short
BloFin MELANIA-USDT+0.0064%4h0.1074+0.148%$199K$5K75xas long as short
Hyperliquid MELANIA+0.0100%1h0.1072−0.010%$1.6M$187K3xas long as short
Binance MELANIAUSDT+0.0100%4h0.1071−0.061%$2.9M$2.9M75xas long as short
Gate MELANIA_USDTshort+0.0100%4h0.1069−0.327%$417K$64K50x
MEXC MELANIA_USDT+0.0100%4h0.1071−0.113%$1.2M$133K100xas long as short
KuCoin MELANIAUSDTM+0.0100%4h0.1069−0.281%$381K$889K30xas long as short
Bitget MELANIAUSDT+0.0100%4h0.1070−0.178%$938K$189K50xas long as short
Variational Omni MELANIA+0.0100%4h0.1072+0.018%$111K$1Kas long as short
Aevo MELANIA-PERPlong+0.0104%1h0.1072long leg$245K3x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit MELANIAUSDT+0.0252%4h0.1071−0.066%$1.4M$632K20xas long as short
BingX MELANIA-USDT+0.0360%4h0.1073+0.055%$1.5Mas long as short
Aster MELANIAUSDT+0.0627%4h0.1070−0.215%$21K$14K5xas long as short