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

MELANIA

all MELANIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.017%
Price spread now: Aevo against KuCoin+0.277%7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,989as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,947as in the Price arb table
costs, in and out, $10k−$1,97419.743% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.149%−$15 on $10k
Price spread, last 4 days (all we have)−0.421%−$42 · spread now +0.277%, 7d avg −0.001%
Together, before fees−0.570%−$57 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 0.278% dearer against KuCoin than usual: you sell high and buy low, +$28 on $10k if it goes back to its 7-day average of −0.001%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin MELANIAUSDTM0.10910.0100pay 0.0050% / 4h1h 58m$412K$1.9M30x
ShortAevo MELANIA-PERP0.10940.0104get 0.0013% / 1h58m 04s$250K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against KuCoin. 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: +0.277% → −0.001%
$27.79
Slippage, 4 orders
−$1,946.29
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$1,945.66
Costs to cover
19.743%
Break-even
16220.8 days
Slippage from KuCoin: live order book, 8 min ago; Aevo: live order book, 21 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 KuCoin live order book, 8 min ago13.76 bp88.9 bp −$89doesn't fitdoesn't fitdoesn't fit
Sell Aevo live order book, 21 min ago783.41 bp842.9 bp −$843doesn'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
BloFin MELANIA-USDT+0.0067%4h0.10910.000%$189K$5K75xas long as short
Hyperliquid MELANIA+0.0100%1h0.1091+0.046%$1.7M$224K3xas long as short
Binance MELANIAUSDT+0.0100%4h0.1093+0.147%$3.0M$3.4M75xas long as short
Bybit MELANIAUSDT+0.0100%4h0.1091+0.018%$1.5M$848K20xas long as short
Gate MELANIA_USDT+0.0100%4h0.1088−0.247%$406K$121K50xas long as short
MEXC MELANIA_USDT+0.0100%4h0.1093+0.147%$1.2M$136K100xas long as short
KuCoin MELANIAUSDTMlong+0.0100%4h0.1091long leg$412K$1.9M30x
Bitget MELANIAUSDT+0.0100%4h0.1092+0.082%$937K$242K50xas long as short
BingX MELANIA-USDT+0.0100%4h0.1093+0.174%$1.5Mas long as short
Variational Omni MELANIA+0.0100%4h0.1093+0.156%$113K$672as long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aevo MELANIA-PERPshort+0.0104%1h0.1094+0.277%$250K3x
Aster MELANIAUSDT+0.0911%4h0.1091−0.009%$21K$17K5xas long as short
Kraken Futures PF_MELANIAUSD+0.1434%1h0.1092+0.079%$25K$3K10xas long as short