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: KuCoin against MEXC−0.009%7-day average −0.057% · you buy dearer than you sell
Net, funding: paid 7d − costs−$340as in the Funding arb table
Net, price: spread back to 7d avg − costs−$346as 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 for this trade now. Funding pays +$9 a day on $10k at the current rate, and KuCoin is 0.048% dearer against MEXC than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.057%.
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
LongMEXC MELANIA_USDT0.11020.0100pay 0.0050% / 4h3h 47m$1.2M$135K100x
ShortKuCoin MELANIAUSDTM0.11020.0400get 0.0200% / 4h3h 47m$439K$1.6M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$63
Price spread: −0.009% → −0.057%
$4.8
Slippage, 4 orders
−$334.48
Fee MEXC: 2 bp × 2 orders
−$4
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$282.68
Costs to cover
3.505%
Break-even
38.4 days
Slippage from MEXC: live order book, 3 min ago; KuCoin: live order book, 3 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 ago1.82 bp37.9 bp −$3855.0 bp −$550117.4 bp −$11.7Kdoesn't fit
Sell KuCoin live order book, 3 min ago9.06 bp158.5 bp −$158doesn'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
Hyperliquid MELANIA+0.0100%1h0.1102−0.045%$1.7M$209K3xas long as short
Binance MELANIAUSDT+0.0100%4h0.1103+0.036%$3.0M$3.2M75xas long as short
Bybit MELANIAUSDT+0.0100%4h0.1103+0.054%$1.5M$808K20xas long as short
Gate MELANIA_USDT+0.0100%4h0.1100−0.172%$414K$101K50xas long as short
MEXC MELANIA_USDTlong+0.0100%4h0.1102long leg$1.2M$135K100x
Bitget MELANIAUSDT+0.0100%4h0.1102+0.018%$952K$239K50xas long as short
BingX MELANIA-USDT+0.0100%4h0.1103+0.054%$1.5Mas long as short
Variational Omni MELANIA+0.0100%4h0.1101−0.076%$114K$672as long as short
Aevo MELANIA-PERP+0.0104%1h0.1089−1.163%$249K3xas long as short
BloFin MELANIA-USDT+0.0109%4h0.1102−0.027%$195K$6K75xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin MELANIAUSDTMshort+0.0400%4h0.1102−0.009%$439K$1.6M30x
Aster MELANIAUSDT+0.0782%4h0.1103+0.091%$21K$15K5xas long as short
Kraken Futures PF_MELANIAUSD+0.1704%1h0.1103+0.056%$25K$3K10xas long as short