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

MELANIA

all MELANIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Gate+0.027%7-day average +0.161% · you sell dearer than you buy
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs−$117as in the Price arb table
costs, in and out, $10k−$1041.039% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.064%+$6 on $10k
Price spread, last 4 days (all we have)+0.167%+$17 · spread now +0.027%, 7d avg +0.161%
Together, before fees+0.231%+$23 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 0.134% cheaper against Gate than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.161%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate MELANIA_USDT0.10990.0100pay 0.0050% / 4h3h 10m$414K$101K50x
ShortMEXC MELANIA_USDT0.11000.0100get 0.0050% / 4h3h 10m$1.2M$138K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
Price spread: +0.027% → +0.161%
−$13.41
Slippage, 4 orders
−$84.89
Fee Gate: 7.5 bp × 2 orders
−$15
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$117.29
Costs to cover
1.039%
Break-even
never at this rate
Slippage from Gate: live order book, 40 min ago; MEXC: 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 Gate live order book, 40 min ago14.97 bp44.6 bp −$459435.9 bp −$94.4Kdoesn't fitdoesn't fit
Sell MEXC live order book, 1 min ago3.18 bp12.8 bp −$1352.6 bp −$526123.1 bp −$12.3Kdoesn'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%1h0.1097−0.182%$1.7M$212K3xas long as short
Binance MELANIAUSDT+0.0100%4h0.1100+0.009%$3.0M$3.3M75xas long as short
Bybit MELANIAUSDT+0.0100%4h0.1100+0.018%$1.5M$815K20xas long as short
Gate MELANIA_USDTlong+0.0100%4h0.1099long leg$414K$101K50x
MEXC MELANIA_USDTshort+0.0100%4h0.1100+0.027%$1.2M$138K100x
Bitget MELANIAUSDT+0.0100%4h0.1100+0.036%$946K$241K50xas long as short
BingX MELANIA-USDT+0.0100%4h0.1099−0.027%$1.5Mas long as short
Variational Omni MELANIA+0.0100%4h0.1102+0.241%$114K$672as long as short
Aevo MELANIA-PERP+0.0104%1h0.1100+0.055%$252K3xas long as short
BloFin MELANIA-USDT+0.0141%4h0.1102+0.236%$196K$6K75xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin MELANIAUSDTM+0.0196%4h0.1100+0.055%$437K$1.7M30xas long as short
Aster MELANIAUSDT+0.0696%4h0.1103+0.283%$21K$15K5xas long as short
Kraken Futures PF_MELANIAUSD+0.1712%1h0.1098−0.142%$25K$3K10xas long as short