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

MELANIA

all MELANIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0805%/8h= −88.1% APRnext payment $4.02 per $10,000 · paid last 24h −0.085%
Price spread now: BingX against Aster−0.082%7-day average · you buy dearer than you sell
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
Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and BingX is 0.082% cheaper against Aster than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster MELANIAUSDT0.11030.0905pay 0.0452% / 4h1h 16m$21K$15K5x
ShortBingX MELANIA-USDT0.11020.0100get 0.0050% / 4h1h 16m$1.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
−$169.02
Price spread: −0.082% → 0.000%
−$8.16
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
−$195.18
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; BingX: live order book, 5 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 BingX live order book, 5 min ago6.34 bp29.4 bp −$2999.0 bp −$990545.3 bp −$54.5K800.2 bp −$400.1K
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
BloFin MELANIA-USDT+0.0072%4h0.1103−0.018%$200K$6K75xas long as short
Hyperliquid MELANIA+0.0100%1h0.1101−0.154%$1.7M$206K3xas long as short
Binance MELANIAUSDT+0.0100%4h0.1102−0.057%$3.0M$3.2M75xas long as short
Bybit MELANIAUSDT+0.0100%4h0.1103−0.018%$1.5M$741K20xas long as short
Gate MELANIA_USDT+0.0100%4h0.1102−0.109%$423K$67K50xas long as short
MEXC MELANIA_USDT+0.0100%4h0.1102−0.082%$1.2M$137K100xas long as short
Bitget MELANIAUSDT+0.0100%4h0.1102−0.091%$963K$217K50xas long as short
BingX MELANIA-USDTshort+0.0100%4h0.1102−0.082%$1.5M
Variational Omni MELANIA+0.0100%4h0.1105+0.172%$114K$672as long as short
Aevo MELANIA-PERP+0.0104%1h0.1094−0.781%$250K3xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin MELANIAUSDTM+0.0424%4h0.1102−0.100%$446K$1.4M30xas long as short
Aster MELANIAUSDTlong+0.0905%4h0.1103long leg$21K$15K5x
Kraken Futures PF_MELANIAUSD+0.1859%1h0.1103+0.020%$25K$3K10xas long as short