Funding arb · Price arb /

MELANIA

all MELANIA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against Binance−0.166%7-day average −0.057% · you buy dearer than you sell

Net, funding: paid 7d − costs−$305as in the Funding arb table

Net, price: spread back to 7d avg − costs−$326as in the Price arb table

costs, in and out, $10k−$3163.155% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.104%+$10 on $10k

Price spread, last 7 days−0.034%−$3 · spread now −0.166%, 7d avg −0.057%

Together, before fees+0.071%+$7 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: KuCoin is 0.109% cheaper against Binance than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.057%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance MELANIAUSDT	0.1082	0.0100	pay 0.0050% / 4h	2h 14m	$2.9M	$3.0M	75x
Short	KuCoin MELANIAUSDTM	0.1080	0.0100	get 0.0050% / 4h	2h 14m	$392K	$847K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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

Position, each leg$Hold fordaysFee BinancebpFee KuCoinbpOrdersPrice spread, now −0.166%Rate

Funding earned: $0
Price spread: −0.166% → −0.057%: −$10.94
Slippage, 4 orders: −$293.54
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$326.49
Costs to cover: 3.155%
Break-even: never at this rate

Slippage from Binance: live order book, 7 min ago; KuCoin: live order book, 70 min ago.

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 Binance live order book, 7 min ago	3.72 bp	31.2 bp −$31	127.9 bp −$1,279	doesn't fit	doesn't fit
Sell KuCoin live order book, 70 min ago	4.68 bp	129.9 bp −$130	doesn't fit	doesn't fit	doesn't fit

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
Kraken Futures PF_MELANIAUSD	−0.0947%	1h	0.1082	−0.019%	$25K	$3K	10x	as long as short
BloFin MELANIA-USDT	+0.0072%	4h	0.1082	−0.018%	$196K	$6K	75x	as long as short
Hyperliquid MELANIA	+0.0100%	1h	0.1081	−0.055%	$1.7M	$199K	3x	as long as short
Binance MELANIAUSDTlong	+0.0100%	4h	0.1082	long leg	$2.9M	$3.0M	75x
Gate MELANIA_USDT	+0.0100%	4h	0.1079	−0.231%	$420K	$67K	50x	as long as short
MEXC MELANIA_USDT	+0.0100%	4h	0.1081	−0.037%	$1.2M	$137K	100x	as long as short
KuCoin MELANIAUSDTMshort	+0.0100%	4h	0.1080	−0.166%	$392K	$847K	30x
Bitget MELANIAUSDT	+0.0100%	4h	0.1081	−0.028%	$966K	$204K	50x	as long as short
Aevo MELANIA-PERP	+0.0104%	1h	0.1082	−0.017%	$247K	—	3x	as long as short
Variational Omni MELANIA	+0.0142%	4h	0.1082	+0.060%	$112K	$1K	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit MELANIAUSDT	+0.0425%	4h	0.1081	−0.037%	$1.5M	$644K	20x	as long as short
BingX MELANIA-USDT	+0.0478%	4h	0.1081	−0.074%	—	$1.5M	—	as long as short
Aster MELANIAUSDT	+0.0785%	4h	0.1081	−0.051%	$20K	$16K	5x	as long as short