Funding arb · Price arb /

MELANIA

all MELANIA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against KuCoin0.000%7-day average +0.056% · you sell dearer than you buy

Net, funding: paid 7d − costs−$358as in the Funding arb table

Net, price: spread back to 7d avg − costs−$353as in the Price arb table

costs, in and out, $10k−$3473.474% of the position

Long on KuCoin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.104%−$10 on $10k

Price spread, last 7 days+0.154%+$15 · spread now 0.000%, 7d avg +0.056%

Together, before fees+0.050%+$5 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: Binance is 0.056% cheaper against KuCoin than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.056%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin MELANIAUSDTM	0.1092	0.0100	pay 0.0050% / 4h	3h 36m	$412K	$1.1M	30x
Short	Binance MELANIAUSDT	0.1092	0.0100	get 0.0050% / 4h	3h 36m	$3.0M	$3.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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

Position, each leg$Hold fordaysFee KuCoinbpFee BinancebpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → +0.056%: −$5.56
Slippage, 4 orders: −$325.4
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$352.96
Costs to cover: 3.474%
Break-even: never at this rate

Slippage from KuCoin: live order book, 8 min ago; Binance: live order book, 14 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 KuCoin live order book, 8 min ago	9.19 bp	154.5 bp −$155	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 14 min ago	2.76 bp	30.1 bp −$30	109.6 bp −$1,096	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
Hyperliquid MELANIA	+0.0100%	1h	0.1091	−0.046%	$1.7M	$198K	3x	as long as short
Binance MELANIAUSDTshort	+0.0100%	4h	0.1092	0.000%	$3.0M	$3.0M	75x
Bybit MELANIAUSDT	+0.0100%	4h	0.1093	+0.110%	$1.5M	$656K	20x	as long as short
Gate MELANIA_USDT	+0.0100%	4h	0.1089	−0.266%	$420K	$56K	50x	as long as short
MEXC MELANIA_USDT	+0.0100%	4h	0.1093	+0.082%	$1.2M	$136K	100x	as long as short
KuCoin MELANIAUSDTMlong	+0.0100%	4h	0.1092	long leg	$412K	$1.1M	30x
Bitget MELANIAUSDT	+0.0100%	4h	0.1092	−0.018%	$967K	$199K	50x	as long as short
BingX MELANIA-USDT	+0.0100%	4h	0.1093	+0.073%	—	$1.5M	—	as long as short
Variational Omni MELANIA	+0.0100%	4h	0.1093	+0.062%	$113K	$590	—	as long as short
Aevo MELANIA-PERP	+0.0104%	1h	0.1093	+0.076%	$250K	—	3x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin MELANIA-USDT	+0.0123%	4h	0.1091	−0.128%	$196K	$6K	75x	as long as short
Aster MELANIAUSDT	+0.0654%	4h	0.1090	−0.220%	$21K	$16K	5x	as long as short
Kraken Futures PF_MELANIAUSD	+0.0974%	1h	0.1092	+0.003%	$25K	$3K	10x	as long as short