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

MELANIA

all MELANIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0012%/8h= +1.3% APRnext payment +$0.06 per $10,000 · paid last 24h +0.004%
Price spread now: BloFin against MEXC+0.009%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$760.758% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.004%$0 on $10k
Price spread, last 4 days (all we have)−0.697%−$70 · spread now +0.009%, 7d avg +0.009%
Together, before fees−0.701%−$70 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.009%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC MELANIA_USDT0.10870.0100pay 0.0050% / 4h3h 01m$1.2M$142K100x
ShortBloFin MELANIA-USDT0.10870.0112get 0.0056% / 4h3h 01m$189K$4K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$2.54
Price spread: +0.009% → +0.009%
−$0.02
Slippage, 4 orders
−$59.81
Fee MEXC: 2 bp × 2 orders
−$4
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$73.29
Costs to cover
0.758%
Break-even
209.2 days
Slippage from MEXC: live order book, 5 min ago; BloFin: live order book, 64 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, 5 min ago1.84 bp13.3 bp −$1350.4 bp −$504125.1 bp −$12.5Kdoesn't fit
Sell BloFin live order book, 64 min ago4.14 bp22.6 bp −$2371.7 bp −$717doesn'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
Hyperliquid MELANIA+0.0100%1h0.10870.000%$1.6M$225K3xas long as short
Binance MELANIAUSDT+0.0100%4h0.1087+0.028%$3.0M$3.3M75xas long as short
Bybit MELANIAUSDT+0.0100%4h0.1089+0.212%$1.5M$848K20xas long as short
Gate MELANIA_USDT+0.0100%4h0.1085−0.202%$415K$124K50xas long as short
MEXC MELANIA_USDTlong+0.0100%4h0.1087long leg$1.2M$142K100x
KuCoin MELANIAUSDTM+0.0100%4h0.1086−0.064%$418K$2.2M30xas long as short
Bitget MELANIAUSDT+0.0100%4h0.1088+0.129%$935K$249K50xas long as short
BingX MELANIA-USDT+0.0100%4h0.1088+0.092%$1.5Mas long as short
Variational Omni MELANIA+0.0100%4h0.1088+0.117%$112K$672as long as short
Aevo MELANIA-PERP+0.0104%1h0.1085−0.156%$248K3xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin MELANIA-USDTshort+0.0112%4h0.1087+0.009%$189K$4K75x
Aster MELANIAUSDT+0.0698%4h0.1087+0.025%$21K$17K5xas long as short
Kraken Futures PF_MELANIAUSD+0.2809%1h0.1086−0.085%$25K$3K10xas long as short