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

MELANIA

all MELANIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0009%/8h= −1.0% APRnext payment $0.05 per $10,000 · paid last 24h +0.002%
Price spread now: BloFin against KuCoin+0.046%7-day average +0.088% · 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−$351as in the Price arb table
costs, in and out, $10k−$3473.467% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.112%−$11 on $10k
Price spread, last 3 days (all we have)−0.100%−$10 · spread now +0.046%, 7d avg +0.088%
Together, before fees−0.212%−$21 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and BloFin is 0.042% cheaper against KuCoin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.088%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin MELANIAUSDTM0.10910.0100pay 0.0050% / 4h3h 53m$410K$1.1M30x
ShortBloFin MELANIA-USDT0.10910.0091get 0.0045% / 4h3h 53m$195K$6K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
−$1.94
Price spread: +0.046% → +0.088%
−$4.24
Slippage, 4 orders
−$322.67
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$352.85
Costs to cover
3.467%
Break-even
never at this rate
Slippage from KuCoin: live order book, 2 min ago; BloFin: live order book, 12 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, 2 min ago9.17 bp158.3 bp −$158doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 12 min ago1.37 bp30.3 bp −$3087.6 bp −$876doesn'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-USDTshort+0.0091%4h0.1091+0.046%$195K$6K75x
Hyperliquid MELANIA+0.0100%1h0.1089−0.183%$1.7M$200K3xas long as short
Binance MELANIAUSDT+0.0100%4h0.1090−0.055%$3.0M$3.1M75xas long as short
Bybit MELANIAUSDT+0.0100%4h0.1090−0.064%$1.5M$676K20xas long as short
Gate MELANIA_USDT+0.0100%4h0.1091−0.027%$423K$54K50xas long as short
MEXC MELANIA_USDT+0.0100%4h0.1090−0.055%$1.2M$135K100xas long as short
KuCoin MELANIAUSDTMlong+0.0100%4h0.1091long leg$410K$1.1M30x
Bitget MELANIAUSDT+0.0100%4h0.1090−0.110%$966K$211K50xas long as short
Variational Omni MELANIA+0.0100%4h0.1092+0.115%$113K$590as long as short
Aevo MELANIA-PERP+0.0104%1h0.1049−3.827%$240K3xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX MELANIA-USDT+0.0368%4h0.1091−0.027%$1.5Mas long as short
Aster MELANIAUSDT+0.0656%4h0.1091−0.009%$21K$16K5xas long as short
Kraken Futures PF_MELANIAUSD+0.0975%1h0.1090−0.048%$25K$3K10xas long as short