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

MELANIA

all MELANIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Aevo against Gate+0.194%7-day average +0.132% · you sell dearer than you buy
Net, funding: paid 7d − costs−$513as in the Funding arb table
Net, price: spread back to 7d avg − costs−$508as in the Price arb table
costs, in and out, $10k−$5155.147% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.020%+$2 on $10k
Price spread, last 3 days (all we have)−0.431%−$43 · spread now +0.194%, 7d avg +0.132%
Together, before fees−0.411%−$41 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: Aevo is 0.062% dearer against Gate than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.132%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate MELANIA_USDT0.10690.0100pay 0.0050% / 4h2h 36m$417K$64K50x
ShortAevo MELANIA-PERP0.10710.0104get 0.0013% / 1h36m 50s$245K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Gate. 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
$0.84
Price spread: +0.194% → +0.132%
$6.18
Slippage, 4 orders
−$483.67
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$507.66
Costs to cover
5.147%
Break-even
4237.5 days
Slippage from Gate: live order book, 48 min ago; Aevo: live order book, 52 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 Gate live order book, 48 min ago11.69 bp32.2 bp −$32doesn't fitdoesn't fitdoesn't fit
Sell Aevo live order book, 52 min ago186.92 bp201.0 bp −$201doesn'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
Kraken Futures PF_MELANIAUSD−0.0957%1h0.1070+0.073%$24K$2K10xas long as short
Hyperliquid MELANIA+0.0100%1h0.1070+0.103%$1.6M$187K3xas long as short
Binance MELANIAUSDT+0.0100%4h0.1072+0.215%$2.9M$2.9M75xas long as short
Gate MELANIA_USDTlong+0.0100%4h0.1069long leg$417K$64K50x
MEXC MELANIA_USDT+0.0100%4h0.1071+0.206%$1.2M$134K100xas long as short
KuCoin MELANIAUSDTM+0.0100%4h0.1069−0.028%$381K$863K30xas long as short
Bitget MELANIAUSDT+0.0100%4h0.1071+0.178%$939K$192K50xas long as short
Variational Omni MELANIA+0.0100%4h0.1071+0.197%$111K$1Kas long as short
Aevo MELANIA-PERPshort+0.0104%1h0.1071+0.194%$245K3x
BloFin MELANIA-USDT+0.0125%4h0.1071+0.206%$198K$5K75xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX MELANIA-USDT+0.0196%4h0.1071+0.206%$1.5Mas long as short
Bybit MELANIAUSDT+0.0229%4h0.1072+0.215%$1.4M$631K20xas long as short
Aster MELANIAUSDT+0.0627%4h0.1070+0.084%$21K$14K5xas long as short