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

MELANIA

all MELANIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%
Price spread now: Gate against BingX−0.018%7-day average −0.184% · you buy dearer than you sell
Net, funding: paid 7d − costs−$159as in the Funding arb table
Net, price: spread back to 7d avg − costs−$136as in the Price arb table
costs, in and out, $10k−$1521.523% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.065%−$7 on $10k
Price spread, last 4 days (all we have)−0.193%−$19 · spread now −0.018%, 7d avg −0.184%
Together, before fees−0.258%−$26 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: Gate is 0.166% dearer against BingX than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of −0.184%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX MELANIA-USDT0.10900.0100pay 0.0050% / 4h2h 42m$1.5M
ShortGate MELANIA_USDT0.10900.0100get 0.0050% / 4h2h 42m$408K$104K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
Price spread: −0.018% → −0.184%
$16.56
Slippage, 4 orders
−$127.33
Fee BingX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$135.77
Costs to cover
1.523%
Break-even
never at this rate
Slippage from BingX: live order book, 9 min ago; Gate: live order book, 3 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, 9 min ago7.73 bp30.6 bp −$31132.3 bp −$1,323502.8 bp −$50.3K658.5 bp −$329.3K
Sell Gate live order book, 3 min ago24.71 bp51.4 bp −$51doesn'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%1h0.1090−0.037%$1.7M$212K3xas long as short
Binance MELANIAUSDT+0.0100%4h0.1090+0.010%$3.0M$3.3M75xas long as short
Bybit MELANIAUSDT+0.0100%4h0.1091+0.037%$1.5M$818K20xas long as short
Gate MELANIA_USDTshort+0.0100%4h0.1090−0.018%$408K$104K50x
MEXC MELANIA_USDT+0.0100%4h0.1091+0.037%$1.2M$137K100xas long as short
KuCoin MELANIAUSDTM+0.0100%4h0.1090−0.018%$435K$1.8M30xas long as short
Bitget MELANIAUSDT+0.0100%4h0.1090−0.028%$937K$247K50xas long as short
BingX MELANIA-USDTlong+0.0100%4h0.1090long leg$1.5M
Variational Omni MELANIA+0.0100%4h0.1096+0.565%$113K$672as long as short
Aevo MELANIA-PERP+0.0104%1h0.1082−0.721%$247K3xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin MELANIA-USDT+0.0121%4h0.1093+0.266%$196K$5K75xas long as short
Aster MELANIAUSDT+0.0523%4h0.1091+0.064%$21K$15K5xas long as short
Kraken Futures PF_MELANIAUSD+0.1816%1h0.1090−0.041%$25K$3K10xas long as short