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

MELANIA

all MELANIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0022%/8h= −2.4% APRnext payment $0.11 per $10,000 · paid last 24h +0.002%
Price spread now: BloFin against Variational Omni−0.330%71s7-day average −0.019% · you buy dearer than you sell
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)+0.003%$0 on $10k
Price spread, last 4 days (all we have)−0.044%−$4 · spread now −0.330%, 7d avg −0.019%
Together, before fees−0.041%+ Points / potential airdropVariational Omni: Active · farm board−$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.311% cheaper against Variational Omni than usual: you would sell low and buy high (−$31 if the spread goes back to its 7-day average of −0.019%). Swap the legs. The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni MELANIA0.10940.0100pay 0.0050% / 4h47m 55s$113K$672
ShortBloFin MELANIA-USDT0.10900.0078get 0.0039% / 4h47m 55s$198K$6K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
−$4.52
Price spread: −0.330% → −0.019%
−$31.11
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$47.63
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 11 min ago; BloFin: live order book, 50 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, 11 min ago13.69 bpdoesn't fit470.1 bp −$4,701doesn't fitdoesn't fit
Sell BloFin live order book, 50 min ago5.03 bp22.4 bp −$2268.1 bp −$681doesn'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
BloFin MELANIA-USDTshort+0.0078%4h0.1090−0.330%$198K$6K75x
Hyperliquid MELANIA+0.0100%1h0.1089−0.458%$1.7M$214K3xas long as short
Binance MELANIAUSDT+0.0100%4h0.1089−0.385%$3.0M$3.2M75xas long as short
Bybit MELANIAUSDT+0.0100%4h0.1089−0.394%$1.5M$773K20xas long as short
Gate MELANIA_USDT+0.0100%4h0.1086−0.687%$403K$95K50xas long as short
MEXC MELANIA_USDT+0.0100%4h0.1089−0.403%$1.2M$135K100xas long as short
Bitget MELANIAUSDT+0.0100%4h0.1089−0.449%$939K$233K50xas long as short
BingX MELANIA-USDT+0.0100%4h0.1090−0.312%$1.5Mas long as short
Variational Omni MELANIAlong+0.0100%4h0.1094long leg$113K$672
Aevo MELANIA-PERP+0.0104%1h0.1085−0.778%$248K3xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin MELANIAUSDTM+0.0240%4h0.1088−0.504%$445K$1.5M30xas long as short
Aster MELANIAUSDT+0.0607%4h0.1088−0.544%$21K$15K5xas long as short
Kraken Futures PF_MELANIAUSD+0.1762%1h0.1088−0.474%$25K$3K10xas long as short