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: Binance against Variational Omni+0.183%7-day average −0.034% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on Binance

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)0.000%$0 on $10k

Price spread, last 3 days (all we have)−0.426%−$43 · spread now +0.183%, 7d avg −0.034%

Together, before fees−0.426%+ Points / potential airdropVariational Omni: Active · farm board−$43 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: Binance is 0.217% dearer against Variational Omni than usual: you sell high and buy low, +$22 on $10k if it goes back to its 7-day average of −0.034%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni MELANIA	0.1072	0.0100	pay 0.0050% / 4h	2h 50m	$111K	$1K	—
Short	Binance MELANIAUSDT	0.1074	0.0100	get 0.0050% / 4h	2h 50m	$3.0M	$2.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Variational Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Variational OmnibpFee BinancebpOrdersPrice spread, now +0.183%Rate

Funding earned: $0
Price spread: +0.183% → −0.034%: $21.7
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Binance: 5 bp × 2 orders: −$10
Net: $11.7
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 39 min ago; Binance: live order book, 16 min ago. Net counts fees only.

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 Variational Omni RFQ quote, 39 min ago	13.96 bp	doesn't fit	200.1 bp −$2,001	doesn't fit	doesn't fit
Sell Binance live order book, 16 min ago	2.79 bp	24.3 bp −$24	96.1 bp −$961	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	−0.0956%	1h	0.1071	−0.126%	$25K	$2K	10x	as long as short
Hyperliquid MELANIA	+0.0100%	1h	0.1073	+0.074%	$1.6M	$187K	3x	as long as short
Binance MELANIAUSDTshort	+0.0100%	4h	0.1074	+0.183%	$3.0M	$2.9M	75x
Gate MELANIA_USDT	+0.0100%	4h	0.1071	−0.075%	$418K	$64K	50x	as long as short
MEXC MELANIA_USDT	+0.0100%	4h	0.1074	+0.186%	$1.2M	$133K	100x	as long as short
KuCoin MELANIAUSDTM	+0.0100%	4h	0.1071	−0.112%	$381K	$899K	30x	as long as short
Bitget MELANIAUSDT	+0.0100%	4h	0.1072	0.000%	$946K	$189K	50x	as long as short
Variational Omni MELANIAlong	+0.0100%	4h	0.1072	long leg	$111K	$1K	—
Aevo MELANIA-PERP	+0.0104%	1h	0.1074	+0.174%	$246K	—	3x	as long as short
BloFin MELANIA-USDT	+0.0130%	4h	0.1073	+0.083%	$198K	$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	+0.0370%	4h	0.1074	+0.139%	$1.4M	$630K	20x	as long as short
BingX MELANIA-USDT	+0.0436%	4h	0.1074	+0.167%	—	$1.5M	—	as long as short
Aster MELANIAUSDT	+0.0632%	4h	0.1071	−0.089%	$21K	$14K	5x	as long as short