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

MELANIA

all MELANIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0635%/8h= −69.5% APRnext payment $3.17 per $10,000 · paid last 24h −0.058%
Price spread now: Binance against Aster−0.161%7-day average · 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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and Binance is 0.161% cheaper against Aster than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster MELANIAUSDT0.10790.0735pay 0.0367% / 4h2h 06m$20K$16K5x
ShortBinance MELANIAUSDT0.10770.0100get 0.0050% / 4h2h 06m$2.9M$3.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Aster. 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
−$133.26
Price spread: −0.161% → 0.000%
−$16.07
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$167.33
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; Binance: live order book, 14 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 Aster no order-book sample
Sell Binance live order book, 14 min ago3.72 bp27.9 bp −$28100.9 bp −$1,009doesn't fitdoesn't fit
Aster: 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
Kraken Futures PF_MELANIAUSD−0.0949%1h0.1080+0.092%$25K$3K10xas long as short
BloFin MELANIA-USDT+0.0059%4h0.1077−0.143%$196K$6K75xas long as short
Hyperliquid MELANIA+0.0100%1h0.1076−0.254%$1.7M$199K3xas long as short
Binance MELANIAUSDTshort+0.0100%4h0.1077−0.161%$2.9M$3.0M75x
Gate MELANIA_USDT+0.0100%4h0.1078−0.022%$419K$67K50xas long as short
MEXC MELANIA_USDT+0.0100%4h0.1076−0.189%$1.2M$138K100xas long as short
KuCoin MELANIAUSDTM+0.0100%4h0.1078−0.050%$390K$841K30xas long as short
Bitget MELANIAUSDT+0.0100%4h0.1078−0.050%$963K$207K50xas long as short
Aevo MELANIA-PERP+0.0104%1h0.1080+0.136%$247K3xas long as short
Variational Omni MELANIA+0.0126%4h0.1080+0.152%$112K$1Kas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX MELANIA-USDT+0.0332%4h0.1075−0.319%$1.5Mas long as short
Bybit MELANIAUSDT+0.0348%4h0.1076−0.226%$1.5M$650K20xas long as short
Aster MELANIAUSDTlong+0.0735%4h0.1079long leg$20K$16K5x