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−0.0578%/8h= −63.3% APRnext payment $2.89 per $10,000 · paid last 24h −0.084%
Price spread now: Bybit against Aster−0.033%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 −$17 a day on $10k at the current rate, and Bybit is 0.033% cheaper against Aster than usual: you would sell low and buy high (−$3 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 MELANIAUSDT0.10820.0678pay 0.0339% / 4h2h 55m$20K$15K5x
ShortBybit MELANIAUSDT0.10820.0100get 0.0050% / 4h2h 55m$1.4M$666K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
−$121.45
Price spread: −0.033% → 0.000%
−$3.27
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$143.72
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; Bybit: live order book, 1 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 Bybit live order book, 1 min ago3.70 bp45.9 bp −$46202.3 bp −$2,023doesn'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
Hyperliquid MELANIA+0.0100%1h0.1079−0.264%$1.7M$201K3xas long as short
Binance MELANIAUSDT+0.0100%4h0.1081−0.125%$3.0M$3.1M75xas long as short
Bybit MELANIAUSDTshort+0.0100%4h0.1082−0.033%$1.4M$666K20x
Gate MELANIA_USDT+0.0100%4h0.1082−0.060%$415K$60K50xas long as short
MEXC MELANIA_USDT+0.0100%4h0.1080−0.190%$1.2M$135K100xas long as short
KuCoin MELANIAUSDTM+0.0100%4h0.1082−0.023%$404K$1.2M30xas long as short
Bitget MELANIAUSDT+0.0100%4h0.1082−0.051%$950K$212K50xas long as short
BingX MELANIA-USDT+0.0100%4h0.1081−0.079%$1.5Mas long as short
Variational Omni MELANIA+0.0100%4h0.1082−0.034%$112K$590as long as short
Aevo MELANIA-PERP+0.0104%1h0.1080−0.208%$247K3xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin MELANIA-USDT+0.0131%4h0.1080−0.181%$196K$6K75xas long as short
Aster MELANIAUSDTlong+0.0678%4h0.1082long leg$20K$15K5x
Kraken Futures PF_MELANIAUSD+0.1523%1h0.1082−0.004%$25K$3K10xas long as short