MELANIA

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h −0.001%

Price spread now: Hyperliquid against Aevo+0.252%54s7-day average −0.048% · you sell dearer than you buy

Net, funding: paid 7d − costs−$458as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$4564.561% of the position

Long on Aevo Short on Hyperliquid

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)+0.095%+$10 · spread now +0.252%, 7d avg −0.048%

Together, before fees+0.075%+ Points / potential airdropHyperliquid: Season 2 · farm board+$8 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: Hyperliquid is 0.300% dearer against Aevo than usual: you sell high and buy low, +$30 on $10k if it goes back to its 7-day average of −0.048%. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo MELANIA-PERP	0.1079	0.0104	pay 0.0013% / 1h	54m 23s	$247K	—	3x
Short	Hyperliquid MELANIA	0.1082	0.0100	get 0.0013% / 1h	54m 23s	$1.7M	$197K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid 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

Position, each leg$Hold fordaysFee AevobpFee HyperliquidbpOrdersPrice spread, now +0.252%Rate

Funding earned: −$0.84
Price spread: +0.252% → −0.048%: $29.98
Slippage, 4 orders: −$431.07
Fee Aevo: 8 bp × 2 orders: −$16
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$426.93
Costs to cover: 4.561%
Break-even: never at this rate

Slippage from Aevo: live order book, 30 min ago; Hyperliquid: live order book, 6 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 Aevo live order book, 30 min ago	139.54 bp	207.6 bp −$208	1087.9 bp −$10.9K	doesn't fit	doesn't fit
Sell Hyperliquid live order book, 6 min ago	1.86 bp	27.3 bp −$27	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
Kraken Futures PF_MELANIAUSD	+0.0072%	1h	0.1082	+0.314%	$25K	$3K	10x	as long as short
Hyperliquid MELANIAshort	+0.0100%	1h	0.1082	+0.252%	$1.7M	$197K	3x
Binance MELANIAUSDT	+0.0100%	4h	0.1082	+0.252%	$3.0M	$3.0M	75x	as long as short
Gate MELANIA_USDT	+0.0100%	4h	0.1081	+0.159%	$420K	$64K	50x	as long as short
MEXC MELANIA_USDT	+0.0100%	4h	0.1083	+0.354%	$1.2M	$134K	100x	as long as short
KuCoin MELANIAUSDTM	+0.0100%	4h	0.1081	+0.187%	$394K	$842K	30x	as long as short
Bitget MELANIAUSDT	+0.0100%	4h	0.1081	+0.206%	$964K	$207K	50x	as long as short
Variational Omni MELANIA	+0.0100%	4h	0.1079	−0.007%	$111K	$1K	—	as long as short
Aevo MELANIA-PERPlong	+0.0104%	1h	0.1079	long leg	$247K	—	3x
BloFin MELANIA-USDT	+0.0111%	4h	0.1082	+0.326%	$197K	$6K	75x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX MELANIA-USDT	+0.0174%	4h	0.1081	+0.215%	—	$1.5M	—	as long as short
Bybit MELANIAUSDT	+0.0238%	4h	0.1083	+0.354%	$1.5M	$655K	20x	as long as short
Aster MELANIAUSDT	+0.0629%	4h	0.1081	+0.234%	$20K	$16K	5x	as long as short