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

MELANIA

all MELANIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Aevo against Binance−0.189%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$493as in the Funding arb table
Net, price: spread back to 7d avg − costs−$504as in the Price arb table
costs, in and out, $10k−$4884.881% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.047%−$5 on $10k
Price spread, last 3 days (all we have)−0.194%−$19 · spread now −0.189%, 7d avg −0.030%
Together, before fees−0.241%−$24 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: Aevo is 0.159% cheaper against Binance than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of −0.030%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance MELANIAUSDT0.10850.0100pay 0.0050% / 4h1h 37m$3.0M$3.0M75x
ShortAevo MELANIA-PERP0.10830.0104get 0.0013% / 1h37m 57s$248K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Binance. 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
$0.84
Price spread: −0.189% → −0.030%
−$15.93
Slippage, 4 orders
−$462.07
Fee Binance: 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$503.16
Costs to cover
4.881%
Break-even
4200.0 days
Slippage from Binance: live order book, 13 min ago; Aevo: live order book, 46 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 13 min ago2.78 bp37.8 bp −$38161.8 bp −$1,618doesn't fitdoesn't fit
Sell Aevo live order book, 46 min ago139.54 bp204.7 bp −$205doesn't fitdoesn't fitdoesn't fit

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+0.0072%1h0.1086+0.086%$25K$3K10xas long as short
Hyperliquid MELANIA+0.0100%1h0.1084−0.129%$1.7M$200K3xas long as short
Binance MELANIAUSDTlong+0.0100%4h0.1085long leg$3.0M$3.0M75x
Gate MELANIA_USDT+0.0100%4h0.1085−0.009%$422K$64K50xas long as short
MEXC MELANIA_USDT+0.0100%4h0.10850.000%$1.2M$135K100xas long as short
KuCoin MELANIAUSDTM+0.0100%4h0.1085−0.009%$395K$846K30xas long as short
Bitget MELANIAUSDT+0.0100%4h0.1085−0.018%$967K$208K50xas long as short
Aevo MELANIA-PERPshort+0.0104%1h0.1083−0.189%$248K3x
Variational Omni MELANIA+0.0108%4h0.1084−0.094%$112K$1Kas long as short
BloFin MELANIA-USDT+0.0121%4h0.1088+0.276%$196K$6K75xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX MELANIA-USDT+0.0216%4h0.1085−0.018%$1.5Mas long as short
Bybit MELANIAUSDT+0.0228%4h0.1087+0.147%$1.5M$660K20xas long as short
Aster MELANIAUSDT+0.0568%4h0.1086+0.129%$21K$16K5xas long as short