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: MEXC against Bitget+0.037%7-day average 0.000% · you sell dearer than you buy

Net, funding: paid 7d − costs−$111as in the Funding arb table

Net, price: spread back to 7d avg − costs−$113as in the Price arb table

costs, in and out, $10k−$1171.171% of the position

Long on Bitget Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.061%+$6 on $10k

Price spread, last 4 days (all we have)−0.144%−$14 · spread now +0.037%, 7d avg 0.000%

Together, before fees−0.083%−$8 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: MEXC is 0.036% dearer against Bitget than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of 0.000%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget MELANIAUSDT	0.1083	0.0100	pay 0.0050% / 4h	1h 21m	$962K	$210K	50x
Short	MEXC MELANIA_USDT	0.1083	0.0100	get 0.0050% / 4h	1h 21m	$1.2M	$136K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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

Position, each leg$Hold fordaysFee BitgetbpFee MEXCbpOrdersPrice spread, now +0.037%Rate

Funding earned: $0
Price spread: +0.037% → 0.000%: $3.65
Slippage, 4 orders: −$101.08
Fee Bitget: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$113.43
Costs to cover: 1.171%
Break-even: never at this rate

Slippage from Bitget: live order book, 60 min ago; MEXC: live order book, 5 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 Bitget live order book, 60 min ago	6.05 bp	39.3 bp −$39	140.3 bp −$1,403	doesn't fit	doesn't fit
Sell MEXC live order book, 5 min ago	4.16 bp	18.1 bp −$18	56.4 bp −$564	128.3 bp −$12.8K	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	+0.0072%	1h	0.1085	+0.229%	$25K	$3K	10x	as long as short
Hyperliquid MELANIA	+0.0100%	1h	0.1083	−0.018%	$1.7M	$201K	3x	as long as short
Binance MELANIAUSDT	+0.0100%	4h	0.1084	+0.066%	$3.0M	$3.0M	75x	as long as short
Bybit MELANIAUSDT	+0.0100%	4h	0.1084	+0.120%	$1.5M	$668K	20x	as long as short
Gate MELANIA_USDT	+0.0100%	4h	0.1081	−0.212%	$420K	$64K	50x	as long as short
MEXC MELANIA_USDTshort	+0.0100%	4h	0.1083	+0.037%	$1.2M	$136K	100x
KuCoin MELANIAUSDTM	+0.0100%	4h	0.1082	−0.083%	$393K	$890K	30x	as long as short
Bitget MELANIAUSDTlong	+0.0100%	4h	0.1083	long leg	$962K	$210K	50x
Variational Omni MELANIA	+0.0100%	4h	0.1083	−0.017%	$112K	$895	—	as long as short
Aevo MELANIA-PERP	+0.0104%	1h	0.1080	−0.268%	$247K	—	3x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin MELANIA-USDT	+0.0112%	4h	0.1084	+0.129%	$196K	$6K	75x	as long as short
BingX MELANIA-USDT	+0.0140%	4h	0.1084	+0.092%	—	$1.5M	—	as long as short
Aster MELANIAUSDT	+0.0526%	4h	0.1081	−0.129%	$20K	$16K	5x	as long as short