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

MELANIA

all MELANIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0806%/8h= −88.3% APRpaid last 24h +0.413%
Price spread now: Aster against Kraken Futures+0.178%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 fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
The price spread pays, funding is against you. Aster is 0.178% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.178% now, against zero (this spread has no 7-day history yet)): +$18 on $10k if it goes back. Holding the pair costs −$24 a day in funding at the current rate, which eats that in about 18 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_MELANIAUSD0.11000.1498pay 0.0187% / 1h24m 31s$25K$3K10x
ShortAster MELANIAUSDT0.11020.0692get 0.0346% / 4h2h 24m$21K$15K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster 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
−$169.29
Price spread: +0.178% → 0.000%
$17.83
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$169.46
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Aster: no order-book sample. 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 Aster no order-book sample
Kraken Futures and Aster: 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 12 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%1h0.1100+0.020%$1.7M$208K3xas long as short
Binance MELANIAUSDT+0.0100%4h0.1100+0.040%$3.0M$3.1M75xas long as short
Bybit MELANIAUSDT+0.0100%4h0.1101+0.102%$1.5M$725K20xas long as short
Gate MELANIA_USDT+0.0100%4h0.1100−0.017%$422K$67K50xas long as short
MEXC MELANIA_USDT+0.0100%4h0.1100+0.056%$1.2M$137K100xas long as short
KuCoin MELANIAUSDTM+0.0100%4h0.1101+0.120%$407K$1.2M30xas long as short
Bitget MELANIAUSDT+0.0100%4h0.1100+0.029%$967K$214K50xas long as short
BingX MELANIA-USDT+0.0100%4h0.1099−0.053%$1.5Mas long as short
Variational Omni MELANIA+0.0100%4h0.1105+0.512%$114K$590as long as short
Aevo MELANIA-PERP+0.0104%1h0.1100+0.029%$252K3xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster MELANIAUSDTshort+0.0692%4h0.1102+0.178%$21K$15K5x
Kraken Futures PF_MELANIAUSDlong+0.1498%1h0.1100long leg$25K$3K10x