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

MELANIA

all MELANIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0046%/8h= +5.0% APRnext payment +$0.23 per $10,000 · paid last 24h −0.005%
Price spread now: MEXC against BloFin0.000%79s7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$750.746% 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)+0.184%+$18 · spread now 0.000%, 7d avg −0.011%
Together, before fees+0.186%+$19 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.011%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. The two prices were read 79 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin MELANIA-USDT0.10990.0054pay 0.0027% / 4h2h 51m$197K$6K75x
ShortMEXC MELANIA_USDT0.10990.0100get 0.0050% / 4h2h 51m$1.2M$136K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against BloFin. 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
$9.66
Price spread: 0.000% → −0.011%
$1.07
Slippage, 4 orders
−$58.55
Fee BloFin: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$63.82
Costs to cover
0.746%
Break-even
53.3 days
Slippage from BloFin: live order book, 28 min ago; MEXC: 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 BloFin live order book, 28 min ago2.27 bp23.9 bp −$2468.7 bp −$687doesn't fitdoesn't fit
Sell MEXC live order book, 4 min ago3.18 bp13.1 bp −$1352.0 bp −$520125.5 bp −$12.5Kdoesn'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
BloFin MELANIA-USDTlong+0.0054%4h0.1099long leg$197K$6K75x
Hyperliquid MELANIA+0.0100%1h0.1098−0.146%$1.7M$211K3xas long as short
Binance MELANIAUSDT+0.0100%4h0.1100+0.029%$3.0M$3.3M75xas long as short
Bybit MELANIAUSDT+0.0100%4h0.1098−0.155%$1.5M$817K20xas long as short
Gate MELANIA_USDT+0.0100%4h0.1095−0.364%$412K$101K50xas long as short
MEXC MELANIA_USDTshort+0.0100%4h0.10990.000%$1.2M$136K100x
KuCoin MELANIAUSDTM+0.0100%4h0.1098−0.127%$437K$1.8M30xas long as short
Bitget MELANIAUSDT+0.0100%4h0.1098−0.100%$944K$247K50xas long as short
BingX MELANIA-USDT+0.0100%4h0.1100+0.018%$1.5Mas long as short
Variational Omni MELANIA+0.0100%4h0.1100+0.046%$114K$672as long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aevo MELANIA-PERP+0.0104%1h0.1088−1.035%$249K3xas long as short
Aster MELANIAUSDT+0.0568%4h0.1098−0.146%$21K$15K5xas long as short
Kraken Futures PF_MELANIAUSD+0.1801%1h0.1099−0.060%$25K$3K10xas long as short