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

MELANIA

all MELANIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0870%/8h= −95.2% APRnext payment $1.09 per $10,000 · paid last 24h +0.366%
Price spread now: Aevo against Kraken Futures+0.073%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Aevo is 0.073% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.073% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$26 a day in funding at the current rate, which eats that in about 7 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_MELANIAUSD0.10920.0974pay 0.0122% / 1h36m 35s$25K$3K10x
ShortAevo MELANIA-PERP0.10930.0104get 0.0013% / 1h36m 35s$250K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Kraken Futures. 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
−$182.6
Price spread: +0.073% → 0.000%
$7.31
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$201.29
Costs to cover
0.260%
Break-even
never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Aevo: live order book, 37 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures no order-book sample
Sell Aevo live order book, 37 min ago783.41 bp840.5 bp −$841doesn't fitdoesn't fitdoesn't fit
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h0.1091−0.049%$1.7M$198K3xas long as short
Binance MELANIAUSDT+0.0100%4h0.1092−0.003%$3.0M$3.0M75xas long as short
Bybit MELANIAUSDT+0.0100%4h0.1093+0.107%$1.5M$656K20xas long as short
Gate MELANIA_USDT+0.0100%4h0.1089−0.268%$420K$56K50xas long as short
MEXC MELANIA_USDT+0.0100%4h0.1093+0.080%$1.2M$136K100xas long as short
KuCoin MELANIAUSDTM+0.0100%4h0.1092−0.003%$412K$1.1M30xas long as short
Bitget MELANIAUSDT+0.0100%4h0.1092−0.021%$967K$199K50xas long as short
BingX MELANIA-USDT+0.0100%4h0.1093+0.070%$1.5Mas long as short
Variational Omni MELANIA+0.0100%4h0.1093+0.059%$113K$590as long as short
Aevo MELANIA-PERPshort+0.0104%1h0.1093+0.073%$250K3x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin MELANIA-USDT+0.0123%4h0.1091−0.131%$196K$6K75xas long as short
Aster MELANIAUSDT+0.0654%4h0.1090−0.223%$21K$16K5xas long as short
Kraken Futures PF_MELANIAUSDlong+0.0974%1h0.1092long leg$25K$3K10x