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: MEXC against Variational Omni−0.057%7-day average −0.033% · you buy dearer than you sell

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

Long on Variational Omni Short on MEXC

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)−0.053%−$5 · spread now −0.057%, 7d avg −0.033%

Together, before fees−0.053%+ Points / potential airdropVariational Omni: Active · farm board−$5 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: MEXC is 0.024% cheaper against Variational Omni than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.033%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni MELANIA	0.1094	0.0100	pay 0.0050% / 4h	3h 10m	$113K	$590	—
Short	MEXC MELANIA_USDT	0.1094	0.0100	get 0.0050% / 4h	3h 10m	$1.2M	$137K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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

Position, each leg$Hold fordaysFee Variational OmnibpFee MEXCbpOrdersPrice spread, now −0.057%Rate

Funding earned: $0
Price spread: −0.057% → −0.033%: −$2.4
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$6.4
Costs to cover: 0.040%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 63 min ago; MEXC: live order book, 5 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, 63 min ago	13.81 bp	doesn't fit	179.5 bp −$1,795	doesn't fit	doesn't fit
Sell MEXC live order book, 5 min ago	2.74 bp	19.5 bp −$19	54.4 bp −$544	120.0 bp −$12.0K	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
BloFin MELANIA-USDT	+0.0052%	4h	0.1094	+0.016%	$197K	$6K	75x	as long as short
Hyperliquid MELANIA	+0.0100%	1h	0.1092	−0.148%	$1.7M	$199K	3x	as long as short
Binance MELANIAUSDT	+0.0100%	4h	0.1093	−0.062%	$3.0M	$3.0M	75x	as long as short
Bybit MELANIAUSDT	+0.0100%	4h	0.1094	−0.002%	$1.5M	$658K	20x	as long as short
Gate MELANIA_USDT	+0.0100%	4h	0.1090	−0.377%	$417K	$57K	50x	as long as short
MEXC MELANIA_USDTshort	+0.0100%	4h	0.1094	−0.057%	$1.2M	$137K	100x
KuCoin MELANIAUSDTM	+0.0100%	4h	0.1093	−0.102%	$420K	$1.1M	30x	as long as short
Bitget MELANIAUSDT	+0.0100%	4h	0.1090	−0.386%	$956K	$205K	50x	as long as short
Variational Omni MELANIAlong	+0.0100%	4h	0.1094	long leg	$113K	$590	—
Aevo MELANIA-PERP	+0.0104%	1h	0.1095	+0.080%	$250K	—	3x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX MELANIA-USDT	+0.0152%	4h	0.1094	−0.029%	—	$1.5M	—	as long as short
Aster MELANIAUSDT	+0.0739%	4h	0.1090	−0.354%	$21K	$16K	5x	as long as short
Kraken Futures PF_MELANIAUSD	+0.0972%	1h	0.1094	+0.014%	$25K	$3K	10x	as long as short