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+0.0002%/8h= +0.2% APRpaid last 24h 0.000%
Price spread now: Aevo against BingX−0.136%7-day average −0.079% · you buy dearer than you sell
Net, funding: paid 7d − costs−$2,175as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,176as in the Price arb table
costs, in and out, $10k−$2,17121.708% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.045%−$5 on $10k
Price spread, last 4 days (all we have)−0.364%−$36 · spread now −0.136%, 7d avg −0.079%
Together, before fees−0.409%−$41 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 0.057% cheaper against BingX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.079%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX MELANIA-USDT0.10960.0102pay 0.0051% / 4h1m 06s$1.5M
ShortAevo MELANIA-PERP0.10950.0104get 0.0013% / 1h1m 06s$250K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against BingX. 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
$0.42
Price spread: −0.136% → −0.079%
−$5.68
Slippage, 4 orders
−$2,144.8
Fee BingX: 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$2,176.06
Costs to cover
21.708%
Break-even
36274.7 days
Slippage from BingX: live order book, 6 min ago; Aevo: live order book, 48 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 BingX live order book, 6 min ago4.57 bp23.9 bp −$2491.4 bp −$914546.7 bp −$54.7K734.3 bp −$367.1K
Sell Aevo live order book, 48 min ago1031.39 bp1075.4 bp −$1,075doesn'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
Hyperliquid MELANIA+0.0100%1h0.1095−0.128%$1.7M$198K3xas long as short
Binance MELANIAUSDT+0.0100%4h0.1096+0.005%$3.0M$3.2M75xas long as short
Bybit MELANIAUSDT+0.0100%4h0.1095−0.119%$1.5M$797K20xas long as short
Gate MELANIA_USDT+0.0100%4h0.1093−0.347%$409K$101K50xas long as short
MEXC MELANIA_USDT+0.0100%4h0.1096−0.018%$1.2M$138K100xas long as short
Bitget MELANIAUSDT+0.0100%4h0.1095−0.091%$944K$231K50xas long as short
Variational Omni MELANIA+0.0100%4h0.1097+0.033%$113K$672as long as short
BingX MELANIA-USDTlong+0.0102%4h0.1096long leg$1.5M
Aevo MELANIA-PERPshort+0.0104%1h0.1095−0.136%$250K3x
BloFin MELANIA-USDT+0.0115%4h0.1093−0.274%$196K$6K75xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin MELANIAUSDTM+0.0452%4h0.1094−0.219%$442K$1.6M30xas long as short
Aster MELANIAUSDT+0.0772%4h0.1094−0.256%$21K$15K5xas long as short
Kraken Futures PF_MELANIAUSD+0.1747%1h0.1098+0.102%$25K$3K10xas long as short