Funding arb · Price arb /

MELANIA

all MELANIA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Gate against MEXC0.000%7-day average −0.162% · you sell dearer than you buy

Net, funding: paid 7d − costs−$97as in the Funding arb table

Net, price: spread back to 7d avg − costs−$75as in the Price arb table

costs, in and out, $10k−$910.911% of the position

Long on MEXC Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.064%−$6 on $10k

Price spread, last 4 days (all we have)−0.190%−$19 · spread now 0.000%, 7d avg −0.162%

Together, before fees−0.254%−$25 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: Gate is 0.162% dearer against MEXC than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of −0.162%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC MELANIA_USDT	0.1069	0.0100	pay 0.0050% / 4h	2h 29m	$1.2M	$135K	100x
Short	Gate MELANIA_USDT	0.1069	0.0100	get 0.0050% / 4h	2h 29m	$417K	$64K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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

Position, each leg$Hold fordaysFee MEXCbpFee GatebpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → −0.162%: $16.16
Slippage, 4 orders: −$72.08
Fee MEXC: 2 bp × 2 orders: −$4
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$74.91
Costs to cover: 0.911%
Break-even: never at this rate

Slippage from MEXC: live order book, 1 min ago; Gate: live order book, 55 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy MEXC live order book, 1 min ago	0.94 bp	13.8 bp −$14	52.2 bp −$522	99.0 bp −$9,898	doesn't fit
Sell Gate live order book, 55 min ago	11.69 bp	30.8 bp −$31	doesn't fit	doesn't fit	doesn't fit

MELANIA on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_MELANIAUSD	−0.0960%	1h	0.1067	−0.189%	$24K	$2K	10x	as long as short
Hyperliquid MELANIA	+0.0100%	1h	0.1068	−0.056%	$1.6M	$187K	3x	as long as short
Binance MELANIAUSDT	+0.0100%	4h	0.1069	+0.019%	$2.9M	$2.9M	75x	as long as short
Gate MELANIA_USDTshort	+0.0100%	4h	0.1069	0.000%	$417K	$64K	50x
MEXC MELANIA_USDTlong	+0.0100%	4h	0.1069	long leg	$1.2M	$135K	100x
KuCoin MELANIAUSDTM	+0.0100%	4h	0.1068	−0.084%	$383K	$853K	30x	as long as short
Bitget MELANIAUSDT	+0.0100%	4h	0.1069	0.000%	$937K	$193K	50x	as long as short
Variational Omni MELANIA	+0.0100%	4h	0.1069	+0.047%	$111K	$1K	—	as long as short
Aevo MELANIA-PERP	+0.0104%	1h	0.1070	+0.103%	$245K	—	3x	as long as short
BloFin MELANIA-USDT	+0.0141%	4h	0.1069	+0.019%	$196K	$5K	75x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit MELANIAUSDT	+0.0277%	4h	0.1069	+0.028%	$1.4M	$632K	20x	as long as short
BingX MELANIA-USDT	+0.0310%	4h	0.1069	+0.019%	—	$1.5M	—	as long as short
Aster MELANIAUSDT	+0.0628%	4h	0.1070	+0.063%	$21K	$14K	5x	as long as short