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

MELANIA

all MELANIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0300%/8h= −32.8% APRnext payment $1.50 per $10,000 · paid last 24h −0.018%
Price spread now: MEXC against KuCoin+0.009%7-day average +0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$361as in the Funding arb table
Net, price: spread back to 7d avg − costs−$355as in the Price arb table
costs, in and out, $10k−$3503.505% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.106%−$11 on $10k
Price spread, last 7 days+0.038%+$4 · spread now +0.009%, 7d avg +0.057%
Together, before fees−0.068%−$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and MEXC is 0.048% cheaper against KuCoin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.057%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.106% in total (about -5.5% a year). A funding rate is set anew for every payment; at this rate the next one is about $1.50 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin MELANIAUSDTM0.11020.0400pay 0.0200% / 4h3h 47m$439K$1.6M30x
ShortMEXC MELANIA_USDT0.11020.0100get 0.0050% / 4h3h 47m$1.2M$135K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
−$63
Price spread: +0.009% → +0.057%
−$4.8
Slippage, 4 orders
−$334.48
Fee KuCoin: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$418.28
Costs to cover
3.505%
Break-even
never at this rate
Slippage from KuCoin: live order book, 3 min ago; MEXC: live order book, 2 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 ago9.06 bp141.0 bp −$141doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 2 min ago1.82 bp13.0 bp −$1353.6 bp −$536113.5 bp −$11.3Kdoesn'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
Hyperliquid MELANIA+0.0100%1h0.1102−0.036%$1.7M$209K3xas long as short
Binance MELANIAUSDT+0.0100%4h0.1103+0.045%$3.0M$3.2M75xas long as short
Bybit MELANIAUSDT+0.0100%4h0.1103+0.064%$1.5M$808K20xas long as short
Gate MELANIA_USDT+0.0100%4h0.1100−0.163%$414K$101K50xas long as short
MEXC MELANIA_USDTshort+0.0100%4h0.1102+0.009%$1.2M$135K100x
Bitget MELANIAUSDT+0.0100%4h0.1102+0.027%$952K$239K50xas long as short
BingX MELANIA-USDT+0.0100%4h0.1103+0.064%$1.5Mas long as short
Variational Omni MELANIA+0.0100%4h0.1101−0.067%$114K$672as long as short
Aevo MELANIA-PERP+0.0104%1h0.1089−1.154%$249K3xas long as short
BloFin MELANIA-USDT+0.0109%4h0.1102−0.018%$195K$6K75xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin MELANIAUSDTMlong+0.0400%4h0.1102long leg$439K$1.6M30x
Aster MELANIAUSDT+0.0782%4h0.1103+0.100%$21K$15K5xas long as short
Kraken Futures PF_MELANIAUSD+0.1704%1h0.1103+0.065%$25K$3K10xas long as short