Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Aevo against Bybit−0.111%7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$556as in the Funding arb table
Net, price: spread back to 7d avg − costs−$564as in the Price arb table
costs, in and out, $10k−$5585.576% of the position
Funding, last 7 days+0.020%+$2 on $10k
+Price spread, last 3 days (all we have)−0.282%−$28 · spread now −0.111%, 7d avg −0.043%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.068% cheaper against Bybit than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.043%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MELANIAUSDT | 0.1081 | 0.0100 | pay 0.0050% / 4h | 1h 10m | $1.4M | $670K | 20x |
| Short | Aevo MELANIA-PERP | 0.1080 | 0.0104 | get 0.0013% / 1h | 10m 34s | $247K | — | 3x |
Bybit MELANIAUSDT
Aevo MELANIA-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Bybit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0.84
- Price spread: −0.111% → −0.043%
- −$6.79
- Slippage, 4 orders
- −$530.6
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$563.55
- Costs to cover
- 5.576%
- Break-even
- 4703.3 days
Slippage from Bybit: live order book, 1 min ago; Aevo: live order book, 8 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 Bybit live order book, 1 min ago | 5.09 bp | 31.9 bp −$32 | 170.6 bp −$1,706 | doesn't fit | doesn't fit |
| Sell Aevo live order book, 8 min ago | 185.18 bp | 248.0 bp −$248 | doesn't fit | doesn't fit | 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 | 0.1082 | +0.064% | $25K | $3K | 10x | as long as short |
| BloFin MELANIA-USDT | +0.0074% | 4h | 0.1081 | 0.000% | $195K | $6K | 75x | as long as short |
| Hyperliquid MELANIA | +0.0100% | 1h | 0.1080 | −0.129% | $1.7M | $202K | 3x | as long as short |
| Binance MELANIAUSDT | +0.0100% | 4h | 0.1081 | −0.037% | $3.0M | $3.0M | 75x | as long as short |
| Bybit MELANIAUSDTlong | +0.0100% | 4h | 0.1081 | long leg | $1.4M | $670K | 20x | |
| Gate MELANIA_USDT | +0.0100% | 4h | 0.1080 | −0.102% | $420K | $64K | 50x | as long as short |
| MEXC MELANIA_USDT | +0.0100% | 4h | 0.1081 | −0.055% | $1.2M | $137K | 100x | as long as short |
| KuCoin MELANIAUSDTM | +0.0100% | 4h | 0.1080 | −0.111% | $393K | $908K | 30x | as long as short |
| Bitget MELANIAUSDT | +0.0100% | 4h | 0.1081 | −0.046% | $954K | $213K | 50x | as long as short |
| BingX MELANIA-USDT | +0.0100% | 4h | 0.1081 | 0.000% | — | $1.5M | — | as long as short |
Kraken Futures PF_MELANIAUSD
BloFin MELANIA-USDT
Hyperliquid MELANIA
Binance MELANIAUSDT
Gate MELANIA_USDT
MEXC MELANIA_USDT
KuCoin MELANIAUSDTM
Bitget MELANIAUSDT
BingX MELANIA-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni MELANIA | +0.0100% | 4h | 0.1083 | +0.135% | $112K | $590 | — | as long as short |
| Aevo MELANIA-PERPshort | +0.0104% | 1h | 0.1080 | −0.111% | $247K | — | 3x | |
| Aster MELANIAUSDT | +0.0462% | 4h | 0.1081 | +0.026% | $20K | $16K | 5x | as long as short |
Variational Omni MELANIA
Aster MELANIAUSDT