MELANIA

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%

Price spread now: Aevo against Hyperliquid−0.251%54s7-day average +0.048% · you buy dearer than you sell

Net, funding: paid 7d − costs−$454as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$4564.561% of the position

Long on Hyperliquid Short on Aevo

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)−0.096%−$10 · spread now −0.251%, 7d avg +0.048%

Together, before fees−0.076%+ Points / potential airdropHyperliquid: Season 2 · farm board−$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: Aevo is 0.299% cheaper against Hyperliquid than usual: you would sell low and buy high, −$30 on $10k if it goes back to its 7-day average of +0.048%. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid MELANIA	0.1082	0.0100	pay 0.0013% / 1h	54m 28s	$1.7M	$197K	3x
Short	Aevo MELANIA-PERP	0.1079	0.0104	get 0.0013% / 1h	54m 28s	$247K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Hyperliquid. 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 HyperliquidbpFee AevobpOrdersPrice spread, now −0.251%Rate

Funding earned: $0.84
Price spread: −0.251% → +0.048%: −$29.92
Slippage, 4 orders: −$431.07
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$485.15
Costs to cover: 4.561%
Break-even: 4049.9 days

Slippage from Hyperliquid: live order book, 6 min ago; Aevo: live order book, 29 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 Hyperliquid live order book, 6 min ago	1.86 bp	16.5 bp −$16	doesn't fit	doesn't fit	doesn't fit
Sell Aevo live order book, 29 min ago	139.54 bp	204.7 bp −$205	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	+0.062%	$25K	$3K	10x	as long as short
Hyperliquid MELANIAlong	+0.0100%	1h	0.1082	long leg	$1.7M	$197K	3x
Binance MELANIAUSDT	+0.0100%	4h	0.1082	0.000%	$3.0M	$3.0M	75x	as long as short
Gate MELANIA_USDT	+0.0100%	4h	0.1081	−0.092%	$420K	$64K	50x	as long as short
MEXC MELANIA_USDT	+0.0100%	4h	0.1083	+0.102%	$1.2M	$134K	100x	as long as short
KuCoin MELANIAUSDTM	+0.0100%	4h	0.1081	−0.065%	$394K	$842K	30x	as long as short
Bitget MELANIAUSDT	+0.0100%	4h	0.1081	−0.046%	$964K	$207K	50x	as long as short
Variational Omni MELANIA	+0.0100%	4h	0.1079	−0.258%	$111K	$1K	—	as long as short
Aevo MELANIA-PERPshort	+0.0104%	1h	0.1079	−0.251%	$247K	—	3x
BloFin MELANIA-USDT	+0.0111%	4h	0.1082	+0.074%	$197K	$6K	75x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX MELANIA-USDT	+0.0174%	4h	0.1081	−0.037%	—	$1.5M	—	as long as short
Bybit MELANIAUSDT	+0.0238%	4h	0.1083	+0.102%	$1.5M	$655K	20x	as long as short
Aster MELANIAUSDT	+0.0629%	4h	0.1081	−0.018%	$20K	$16K	5x	as long as short