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

MELANIA

all MELANIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: BingX against MEXC+0.065%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$960.965% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.002%$0 on $10k
Price spread, last 7 days−0.095%−$10 · spread now +0.065%, 7d avg +0.006%
Together, before fees−0.094%−$9 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: BingX is 0.060% dearer against MEXC than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC MELANIA_USDT0.10690.0100pay 0.0050% / 4h11m 10s$1.1M$133K100x
ShortBingX MELANIA-USDT0.10700.0100get 0.0050% / 4h11m 10s$1.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against MEXC. 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
Price spread: +0.065% → +0.006%
$5.98
Slippage, 4 orders
−$82.49
Fee MEXC: 2 bp × 2 orders
−$4
Fee BingX: 5 bp × 2 orders
−$10
Net
−$90.51
Costs to cover
0.965%
Break-even
never at this rate
Slippage from MEXC: live order book, 3 min ago; BingX: live order book, 8 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 MEXC live order book, 3 min ago3.28 bp27.4 bp −$2756.9 bp −$569100.7 bp −$10.1Kdoesn't fit
Sell BingX live order book, 8 min ago9.35 bp27.1 bp −$2796.9 bp −$969475.8 bp −$47.6K695.0 bp −$347.5K

MELANIA on 13 exchanges

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%1h0.1069+0.019%$1.6M$223K3xas long as short
Binance MELANIAUSDT+0.0100%4h0.1069−0.001%$2.9M$3.1M75xas long as short
Bybit MELANIAUSDT+0.0100%4h0.1069+0.009%$1.5M$832K20xas long as short
Gate MELANIA_USDT+0.0100%4h0.1066−0.309%$395K$131K50xas long as short
MEXC MELANIA_USDTlong+0.0100%4h0.1069long leg$1.1M$133K100x
Bitget MELANIAUSDT+0.0100%4h0.1068−0.122%$949K$235K50xas long as short
BingX MELANIA-USDTshort+0.0100%4h0.1070+0.065%$1.4M
Variational Omni MELANIA+0.0100%4h0.1070+0.065%$110K$861as long as short
Aevo MELANIA-PERP+0.0104%1h0.1070+0.072%$245K3xas long as short
BloFin MELANIA-USDT+0.0113%4h0.1070+0.065%$184K$2K75xas long as short
Show all 13 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin MELANIAUSDTM+0.0192%4h0.1068−0.112%$411K$2.7M30xas long as short
Kraken Futures PF_MELANIAUSD+0.0583%1h0.1069−0.064%$25K$3K10xas long as short
Aster MELANIAUSDT+0.1044%4h0.1068−0.152%$21K$12K5xas long as short