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−0.0426%/8h= −46.6% APRnext payment $2.13 per $10,000 · paid last 24h −0.058%
Price spread now: Bybit against Aster+0.250%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 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
The price spread pays, funding is against you. Bybit is 0.250% dearer against Aster than usual: you sell high and buy low (spread +0.250% now, against zero (this spread has no 7-day history yet)): +$25 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 47 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster MELANIAUSDT0.10810.0526pay 0.0263% / 4h1h 20m$20K$16K5x
ShortBybit MELANIAUSDT0.10840.0100get 0.0050% / 4h1h 20m$1.5M$668K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
−$89.45
Price spread: +0.250% → 0.000%
$24.97
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$83.48
Costs to cover
0.190%
Break-even
from the start
Slippage unknown: Aster: no order-book sample; Bybit: 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
LegHalf-spread$10k$100k$1M$5M
Buy Aster no order-book sample
Sell Bybit live order book, 5 min ago6.93 bp32.8 bp −$33190.1 bp −$1,901doesn'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+0.0072%1h0.1085+0.359%$25K$3K10xas long as short
Hyperliquid MELANIA+0.0100%1h0.1083+0.102%$1.7M$201K3xas long as short
Binance MELANIAUSDT+0.0100%4h0.1084+0.190%$3.0M$3.0M75xas long as short
Bybit MELANIAUSDTshort+0.0100%4h0.1084+0.250%$1.5M$668K20x
Gate MELANIA_USDT+0.0100%4h0.1081−0.083%$420K$64K50xas long as short
MEXC MELANIA_USDT+0.0100%4h0.1084+0.203%$1.2M$136K100xas long as short
KuCoin MELANIAUSDTM+0.0100%4h0.1082+0.046%$393K$890K30xas long as short
Bitget MELANIAUSDT+0.0100%4h0.1083+0.129%$962K$210K50xas long as short
Variational Omni MELANIA+0.0100%4h0.1083+0.112%$112K$895as long as short
Aevo MELANIA-PERP+0.0104%1h0.1080−0.139%$247K3xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin MELANIA-USDT+0.0130%4h0.1082+0.092%$196K$6K75xas long as short
BingX MELANIA-USDT+0.0140%4h0.1083+0.166%$1.5Mas long as short
Aster MELANIAUSDTlong+0.0526%4h0.1081long leg$20K$16K5x