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

MELANIA

all MELANIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: MEXC against Aevo+0.480%7-day average +0.072% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,737as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,701as in the Price arb table
costs, in and out, $10k−$1,74117.414% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.043%+$4 on $10k
Price spread, last 4 days (all we have)−0.229%−$23 · spread now +0.480%, 7d avg +0.072%
Together, before fees−0.186%−$19 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 0.409% dearer against Aevo than usual: you sell high and buy low, +$41 on $10k if it goes back to its 7-day average of +0.072%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo MELANIA-PERP0.10860.0104pay 0.0013% / 1h3m 46s$248K3x
ShortMEXC MELANIA_USDT0.10920.0100get 0.0050% / 4h2h 03m$1.2M$140K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
−$0.84
Price spread: +0.480% → +0.072%
$40.87
Slippage, 4 orders
−$1,721.45
Fee Aevo: 8 bp × 2 orders
−$16
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$1,701.41
Costs to cover
17.414%
Break-even
never at this rate
Slippage from Aevo: live order book, 15 min ago; MEXC: live order book, 2 min ago.

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, 15 min ago783.41 bp857.6 bp −$858doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 2 min ago0.92 bp20.7 bp −$2153.5 bp −$535118.5 bp −$11.8Kdoesn'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
Hyperliquid MELANIA+0.0100%1h0.1091+0.416%$1.7M$224K3xas long as short
Binance MELANIAUSDT+0.0100%4h0.1092+0.490%$3.0M$3.4M75xas long as short
Bybit MELANIAUSDT+0.0100%4h0.1092+0.536%$1.5M$848K20xas long as short
Gate MELANIA_USDT+0.0100%4h0.1088+0.140%$406K$121K50xas long as short
MEXC MELANIA_USDTshort+0.0100%4h0.1092+0.480%$1.2M$140K100x
KuCoin MELANIAUSDTM+0.0100%4h0.1091+0.416%$412K$1.9M30xas long as short
Bitget MELANIAUSDT+0.0100%4h0.1093+0.572%$938K$253K50xas long as short
BingX MELANIA-USDT+0.0100%4h0.1093+0.582%$1.5Mas long as short
Variational Omni MELANIA+0.0100%4h0.1092+0.541%$113K$672as long as short
Aevo MELANIA-PERPlong+0.0104%1h0.1086long leg$248K3x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin MELANIA-USDT+0.0147%4h0.1092+0.554%$188K$5K75xas long as short
Aster MELANIAUSDT+0.0862%4h0.1091+0.407%$21K$17K5xas long as short
Kraken Futures PF_MELANIAUSD+0.1813%1h0.1092+0.468%$25K$3K10xas long as short