Funding arb · Price arb /

MELANIA

all MELANIA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Gate against Variational Omni+0.004%7-day average −0.192% · you sell dearer than you buy

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

Long on Variational Omni Short on Gate

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 4 days (all we have)−0.383%−$38 · spread now +0.004%, 7d avg −0.192%

Together, before fees−0.383%+ Points / potential airdropVariational Omni: Active · farm board−$38 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 0.196% dearer against Variational Omni than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of −0.192%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni MELANIA	0.1093	0.0100	pay 0.0050% / 4h	4m 23s	$113K	$672	—
Short	Gate MELANIA_USDT	0.1093	0.0100	get 0.0050% / 4h	4m 23s	$409K	$101K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.004%Rate

Funding earned: $0
Price spread: +0.004% → −0.192%: $19.59
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Gate: 7.5 bp × 2 orders: −$15
Net: $4.59
Costs to cover: 0.150%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 55 min ago; Gate: live order book, 51 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, 55 min ago	13.69 bp	doesn't fit	470.1 bp −$4,701	doesn't fit	doesn't fit
Sell Gate live order book, 51 min ago	18.72 bp	36.1 bp −$36	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
Hyperliquid MELANIA	+0.0100%	1h	0.1093	+0.022%	$1.7M	$197K	3x	as long as short
Binance MELANIAUSDT	+0.0100%	4h	0.1093	+0.040%	$3.0M	$3.2M	75x	as long as short
Bybit MELANIAUSDT	+0.0100%	4h	0.1093	+0.022%	$1.5M	$796K	20x	as long as short
Gate MELANIA_USDTshort	+0.0100%	4h	0.1093	+0.004%	$409K	$101K	50x
MEXC MELANIA_USDT	+0.0100%	4h	0.1094	+0.040%	$1.2M	$138K	100x	as long as short
Bitget MELANIAUSDT	+0.0100%	4h	0.1093	−0.005%	$942K	$231K	50x	as long as short
Variational Omni MELANIAlong	+0.0100%	4h	0.1093	long leg	$113K	$672	—
Aevo MELANIA-PERP	+0.0104%	1h	0.1094	+0.083%	$250K	—	3x	as long as short
BingX MELANIA-USDT	+0.0108%	4h	0.1094	+0.059%	—	$1.5M	—	as long as short
BloFin MELANIA-USDT	+0.0137%	4h	0.1094	+0.059%	$196K	$6K	75x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin MELANIAUSDTM	+0.0466%	4h	0.1093	−0.005%	$445K	$1.6M	30x	as long as short
Aster MELANIAUSDT	+0.0807%	4h	0.1093	+0.040%	$21K	$15K	5x	as long as short
Kraken Futures PF_MELANIAUSD	+0.1743%	1h	0.1100	+0.611%	$25K	$3K	10x	as long as short