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

MELANIA

all MELANIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Bitget+0.018%7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$141as in the Funding arb table
Net, price: spread back to 7d avg − costs−$141as in the Price arb table
costs, in and out, $10k−$1411.409% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.002%$0 on $10k
Price spread, last 4 days (all we have)−0.014%−$1 · spread now +0.018%, 7d avg +0.025%
Together, before fees−0.017%−$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget MELANIAUSDT0.10820.0100pay 0.0050% / 4h2h 54m$950K$212K50x
ShortBybit MELANIAUSDT0.10820.0100get 0.0050% / 4h2h 54m$1.4M$666K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Bitget. 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% → +0.025%
−$0.61
Slippage, 4 orders
−$117.88
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$141.49
Costs to cover
1.409%
Break-even
never at this rate
Slippage from Bitget: live order book, 11 min ago; Bybit: live order book, 1 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 Bitget live order book, 11 min ago8.70 bp44.2 bp −$44191.8 bp −$1,918doesn't fitdoesn't fit
Sell Bybit live order book, 1 min ago3.70 bp45.9 bp −$46202.3 bp −$2,023doesn'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%1h0.1080−0.139%$1.7M$200K3xas long as short
Binance MELANIAUSDT+0.0100%4h0.1081−0.069%$3.0M$3.1M75xas long as short
Bybit MELANIAUSDTshort+0.0100%4h0.1082+0.018%$1.4M$666K20x
Gate MELANIA_USDT+0.0100%4h0.1081−0.037%$415K$60K50xas long as short
MEXC MELANIA_USDT+0.0100%4h0.1081−0.037%$1.2M$135K100xas long as short
KuCoin MELANIAUSDTM+0.0100%4h0.1081−0.065%$404K$1.2M30xas long as short
Bitget MELANIAUSDTlong+0.0100%4h0.1082long leg$950K$212K50x
BingX MELANIA-USDT+0.0100%4h0.1081−0.018%$1.5Mas long as short
Variational Omni MELANIA+0.0100%4h0.1082+0.017%$112K$590as long as short
Aevo MELANIA-PERP+0.0104%1h0.1080−0.157%$247K3xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin MELANIA-USDT+0.0131%4h0.1080−0.129%$196K$6K75xas long as short
Aster MELANIAUSDT+0.0664%4h0.1082+0.030%$20K$15K5xas long as short
Kraken Futures PF_MELANIAUSD+0.1523%1h0.1082+0.047%$25K$3K10xas long as short