MELANIA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0707%/8h= −77.4% APRnext payment −$3.53 per $10,000 · paid last 24h −0.086%

Price spread now: Variational Omni against Aster−0.039%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Aster Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · Variational Omni: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and Variational Omni is 0.039% cheaper against Aster than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster MELANIAUSDT	0.1093	0.0807	pay 0.0403% / 4h	4m 16s	$21K	$15K	5x
Short	Variational Omni MELANIA	0.1093	0.0100	get 0.0050% / 4h	4m 16s	$113K	$672	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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

Position, each leg$Hold fordaysFee AsterbpFee Variational OmnibpOrdersPrice spread, now −0.039%Rate

Funding earned: −$148.41
Price spread: −0.039% → 0.000%: −$3.89
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$160.29
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; Variational Omni: RFQ quote, 55 min ago. Net counts fees only.

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 Aster no order-book sample	—	—	—	—	—
Sell Variational Omni RFQ quote, 55 min ago	13.69 bp	doesn't fit	287.5 bp −$2,875	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid MELANIA	+0.0100%	1h	0.1093	−0.017%	$1.7M	$197K	3x	as long as short
Binance MELANIAUSDT	+0.0100%	4h	0.1094	+0.022%	$3.0M	$3.2M	75x	as long as short
Bybit MELANIAUSDT	+0.0100%	4h	0.1094	+0.001%	$1.5M	$796K	20x	as long as short
Gate MELANIA_USDT	+0.0100%	4h	0.1093	−0.035%	$409K	$101K	50x	as long as short
MEXC MELANIA_USDT	+0.0100%	4h	0.1094	+0.001%	$1.2M	$138K	100x	as long as short
Bitget MELANIAUSDT	+0.0100%	4h	0.1093	−0.035%	$942K	$231K	50x	as long as short
Variational Omni MELANIAshort	+0.0100%	4h	0.1093	−0.039%	$113K	$672	—
Aevo MELANIA-PERP	+0.0104%	1h	0.1095	+0.139%	$250K	—	3x	as long as short
BingX MELANIA-USDT	+0.0108%	4h	0.1094	+0.075%	—	$1.5M	—	as long as short
BloFin MELANIA-USDT	+0.0137%	4h	0.1094	+0.020%	$196K	$6K	75x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin MELANIAUSDTM	+0.0466%	4h	0.1093	−0.044%	$445K	$1.6M	30x	as long as short
Aster MELANIAUSDTlong	+0.0807%	4h	0.1093	long leg	$21K	$15K	5x
Kraken Futures PF_MELANIAUSD	+0.1737%	1h	0.1104	+0.965%	$25K	$3K	10x	as long as short