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

MELANIA

all MELANIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.1602%/8h= +175.5% APRnext payment +$2.00 per $10,000 · paid last 24h −0.212%
Price spread now: Kraken Futures against Aevo+0.889%7-day average · 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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$48 a day on $10k at the current rate, and Kraken Futures is 0.889% dearer against Aevo than usual: you sell high and buy low: +$89 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo MELANIA-PERP0.10920.0104pay 0.0013% / 1h16m 40s$250K3x
ShortKraken Futures PF_MELANIAUSD0.11010.1706get 0.0213% / 1h16m 40s$25K$3K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Aevo. 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
$336.52
Price spread: +0.889% → 0.000%
$88.88
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$399.41
Costs to cover
0.260%
Break-even
from the start
Slippage unknown: Aevo: live order book, 7 min ago; Kraken Futures: no order-book sample. 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 Aevo live order book, 7 min ago818.18 bp868.4 bp −$868doesn't fitdoesn't fitdoesn't fit
Sell Kraken Futures no order-book sample
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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-USDT+0.0048%4h0.1103+0.991%$196K$6K75xas long as short
Hyperliquid MELANIA+0.0100%1h0.1101+0.845%$1.7M$211K3xas long as short
Binance MELANIAUSDT+0.0100%4h0.1102+0.918%$3.0M$3.3M75xas long as short
Bybit MELANIAUSDT+0.0100%4h0.1102+0.973%$1.5M$809K20xas long as short
Gate MELANIA_USDT+0.0100%4h0.1099+0.652%$414K$101K50xas long as short
MEXC MELANIA_USDT+0.0100%4h0.1102+0.964%$1.2M$138K100xas long as short
Bitget MELANIAUSDT+0.0100%4h0.1100+0.790%$947K$241K50xas long as short
BingX MELANIA-USDT+0.0100%4h0.1102+0.964%$1.5Mas long as short
Variational Omni MELANIA+0.0100%4h0.1101+0.845%$114K$672as long as short
Aevo MELANIA-PERPlong+0.0104%1h0.1092long leg$250K3x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin MELANIAUSDTM+0.0204%4h0.1101+0.854%$440K$1.7M30xas long as short
Aster MELANIAUSDT+0.0666%4h0.1102+0.947%$21K$15K5xas long as short
Kraken Futures PF_MELANIAUSDshort+0.1706%1h0.1101+0.889%$25K$3K10x