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−0.0006%/8h= −0.7% APRnext payment $0.03 per $10,000 · paid last 24h −0.001%
Price spread now: KuCoin against BingX−0.018%7-day average −0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs−$303as in the Funding arb table
Net, price: spread back to 7d avg − costs−$309as in the Price arb table
costs, in and out, $10k−$3143.136% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.107%+$11 on $10k
Price spread, last 7 days−0.082%−$8 · spread now −0.018%, 7d avg −0.063%
Together, before fees+0.025%+$2 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 0.045% dearer against BingX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.063%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX MELANIA-USDT0.10930.0106pay 0.0053% / 4h3h 06m$1.5M
ShortKuCoin MELANIAUSDTM0.10930.0100get 0.0050% / 4h3h 06m$414K$1.2M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$1.26
Price spread: −0.018% → −0.063%
$4.49
Slippage, 4 orders
−$291.56
Fee BingX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$310.33
Costs to cover
3.136%
Break-even
never at this rate
Slippage from BingX: live order book, 11 min ago; KuCoin: live order book, 4 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, 11 min ago5.95 bp28.6 bp −$29121.9 bp −$1,219582.3 bp −$58.2K814.0 bp −$407.0K
Sell KuCoin live order book, 4 min ago13.70 bp132.7 bp −$133doesn'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%1h0.1092−0.128%$1.7M$199K3xas long as short
Binance MELANIAUSDT+0.0100%4h0.1092−0.091%$3.0M$3.0M75xas long as short
Gate MELANIA_USDT+0.0100%4h0.1091−0.165%$418K$58K50xas long as short
MEXC MELANIA_USDT+0.0100%4h0.1093−0.046%$1.2M$138K100xas long as short
KuCoin MELANIAUSDTMshort+0.0100%4h0.1093−0.018%$414K$1.2M30x
Bitget MELANIAUSDT+0.0100%4h0.10930.000%$959K$205K50xas long as short
Variational Omni MELANIA+0.0100%4h0.1093−0.014%$113K$590as long as short
Aevo MELANIA-PERP+0.0104%1h0.1094+0.072%$250K3xas long as short
BingX MELANIA-USDTlong+0.0106%4h0.1093long leg$1.5M
Bybit MELANIAUSDT+0.0129%4h0.1093+0.018%$1.5M$658K20xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin MELANIA-USDT+0.0157%4h0.1093−0.018%$196K$6K75xas long as short
Aster MELANIAUSDT+0.0766%4h0.1094+0.086%$21K$15K5xas long as short
Kraken Futures PF_MELANIAUSD+0.0972%1h0.1094+0.034%$25K$3K10xas long as short