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−0.0160%/8h= −17.5% APRnext payment $0.80 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against KuCoin−0.073%7-day average −0.093% · you buy dearer than you sell
Net, funding: paid 7d − costs−$357as in the Funding arb table
Net, price: spread back to 7d avg − costs−$338as in the Price arb table
costs, in and out, $10k−$3403.399% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.172%−$17 on $10k
Price spread, last 4 days (all we have)−0.044%−$4 · spread now −0.073%, 7d avg −0.093%
Together, before fees−0.216%−$22 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.093%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin MELANIAUSDTM0.10940.0260pay 0.0130% / 4h1h 37m$447K$1.4M30x
ShortGate MELANIA_USDT0.10930.0100get 0.0050% / 4h1h 37m$420K$66K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$33.6
Price spread: −0.073% → −0.093%
$1.95
Slippage, 4 orders
−$312.91
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$371.56
Costs to cover
3.399%
Break-even
never at this rate
Slippage from KuCoin: live order book, 3 min ago; Gate: live order book, 24 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, 3 min ago9.12 bp149.0 bp −$149doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 24 min ago22.29 bp37.4 bp −$37doesn'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+0.0046%4h0.1093−0.119%$199K$6K75xas long as short
Hyperliquid MELANIA+0.0100%1h0.1094+0.018%$1.7M$206K3xas long as short
Binance MELANIAUSDT+0.0100%4h0.1094−0.009%$3.0M$3.2M75xas long as short
Bybit MELANIAUSDT+0.0100%4h0.1095+0.064%$1.5M$733K20xas long as short
Gate MELANIA_USDTshort+0.0100%4h0.1093−0.073%$420K$66K50x
MEXC MELANIA_USDT+0.0100%4h0.1094−0.009%$1.2M$136K100xas long as short
Bitget MELANIAUSDT+0.0100%4h0.1094+0.009%$956K$216K50xas long as short
BingX MELANIA-USDT+0.0100%4h0.1095+0.064%$1.5Mas long as short
Variational Omni MELANIA+0.0100%4h0.1095+0.063%$114K$340as long as short
Aevo MELANIA-PERP+0.0104%1h0.1094+0.033%$250K3xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin MELANIAUSDTMlong+0.0260%4h0.1094long leg$447K$1.4M30x
Aster MELANIAUSDT+0.0786%4h0.1094+0.033%$21K$15K5xas long as short
Kraken Futures PF_MELANIAUSD+0.1875%1h0.1094−0.031%$25K$3K10xas long as short