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−0.0532%/8h= −58.3% APRpaid last 24h −0.057%
Price spread now: Aevo against Aster+0.245%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
The price spread pays, funding is against you. Aevo is 0.245% dearer against Aster than usual: you sell high and buy low (spread +0.245% now, against zero (this spread has no 7-day history yet)): +$25 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 37 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster MELANIAUSDT0.10710.0636pay 0.0318% / 4h2h 49m$21K$14K5x
ShortAevo MELANIA-PERP0.10740.0104get 0.0013% / 1h49m 37s$246K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Aster. 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
−$111.77
Price spread: +0.245% → 0.000%
$24.53
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$111.25
Costs to cover
0.240%
Break-even
from the start
Slippage unknown: Aster: no order-book sample; Aevo: live order book, 39 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster no order-book sample
Sell Aevo live order book, 39 min ago186.92 bp201.0 bp −$201doesn't fitdoesn't fitdoesn't fit
Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h0.1071−0.054%$25K$2K10xas long as short
Hyperliquid MELANIA+0.0100%1h0.1073+0.136%$1.6M$187K3xas long as short
Binance MELANIAUSDT+0.0100%4h0.1074+0.192%$3.0M$2.9M75xas long as short
Gate MELANIA_USDT+0.0100%4h0.1071−0.013%$418K$64K50xas long as short
MEXC MELANIA_USDT+0.0100%4h0.1073+0.136%$1.2M$133K100xas long as short
KuCoin MELANIAUSDTM+0.0100%4h0.1071−0.041%$381K$899K30xas long as short
Bitget MELANIAUSDT+0.0100%4h0.1072+0.071%$946K$189K50xas long as short
Variational Omni MELANIA+0.0100%4h0.1072+0.071%$111K$1Kas long as short
Aevo MELANIA-PERPshort+0.0104%1h0.1074+0.245%$246K3x
BloFin MELANIA-USDT+0.0130%4h0.1073+0.155%$198K$5K75xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit MELANIAUSDT+0.0361%4h0.1074+0.220%$1.4M$630K20xas long as short
BingX MELANIA-USDT+0.0436%4h0.1074+0.192%$1.5Mas long as short
Aster MELANIAUSDTlong+0.0636%4h0.1071long leg$21K$14K5x