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

MELANIA

all MELANIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0336%/8h= +36.8% APRnext payment +$1.68 per $10,000 · paid last 24h +0.001%
Price spread now: BingX against Variational Omni+0.102%7-day average −0.016% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.005%$0 on $10k
Price spread, last 3 days (all we have)−0.304%−$30 · spread now +0.102%, 7d avg −0.016%
Together, before fees−0.299%+ Points / potential airdropVariational Omni: Active · farm board−$30 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and BingX is 0.118% dearer against Variational Omni than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.016%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.005% in total (about 0.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.68 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
LongVariational Omni MELANIA0.10720.0100pay 0.0050% / 4h2h 49m$111K$1K
ShortBingX MELANIA-USDT0.10730.0436get 0.0218% / 4h2h 49m$1.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Variational Omni. 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
$70.56
Price spread: +0.102% → −0.016%
$11.82
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BingX: 5 bp × 2 orders
−$10
Net
$72.38
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 39 min ago; BingX: live order book, 13 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 39 min ago13.96 bpdoesn't fit200.1 bp −$2,001doesn't fitdoesn't fit
Sell BingX live order book, 13 min ago3.71 bp17.7 bp −$1883.1 bp −$831568.2 bp −$56.8K790.6 bp −$395.3K

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
Kraken Futures PF_MELANIAUSD−0.0957%1h0.1070−0.222%$24K$2K10xas long as short
Hyperliquid MELANIA+0.0100%1h0.1072+0.018%$1.6M$187K3xas long as short
Binance MELANIAUSDT+0.0100%4h0.1073+0.098%$3.0M$2.9M75xas long as short
Gate MELANIA_USDT+0.0100%4h0.1071−0.084%$418K$64K50xas long as short
MEXC MELANIA_USDT+0.0100%4h0.1073+0.074%$1.2M$133K100xas long as short
KuCoin MELANIAUSDTM+0.0100%4h0.1071−0.112%$381K$899K30xas long as short
Bitget MELANIAUSDT+0.0100%4h0.1072−0.038%$946K$189K50xas long as short
Variational Omni MELANIAlong+0.0100%4h0.1072long leg$111K$1K
Aevo MELANIA-PERP+0.0104%1h0.1072−0.030%$245K3xas long as short
BloFin MELANIA-USDT+0.0105%4h0.1074+0.121%$198K$5K75xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit MELANIAUSDT+0.0361%4h0.1074+0.158%$1.4M$630K20xas long as short
BingX MELANIA-USDTshort+0.0436%4h0.1073+0.102%$1.5M
Aster MELANIAUSDT+0.0636%4h0.1071−0.066%$21K$14K5xas long as short