Funding arb · Price arb /

MELANIA

all MELANIA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC−0.0149%/8hnext payment −$0.75 per $10,000 · paid last 24h −0.057%

Price spread now: Gate against Aster+0.056%7-day average — · you sell dearer than you buy

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

Long on Aster Short on Gate

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 days—no 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. Gate is 0.056% dearer against Aster than usual: you sell high and buy low (spread +0.056% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 30 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster MELANIAUSDT	0.1063	0.0249	pay 0.0125% / 4h	6m 57s	$21K	$14K	5x
Short	Gate MELANIA_USDT	0.1063	0.0100	get 0.0050% / 4h	6m 57s	$415K	$67K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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

Position, each leg$Hold fordaysFee AsterbpFee GatebpOrdersPrice spread, now +0.056%Rate

Funding earned: −$31.34
Price spread: +0.056% → 0.000%: $5.65
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$48.7
Costs to cover: 0.230%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; Gate: live order book, 22 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 Aster no order-book sample	—	—	—	—	—
Sell Gate live order book, 22 min ago	14.62 bp	33.7 bp −$34	doesn't fit	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_MELANIAUSD	−0.0996%	1h	0.1063	+0.025%	$24K	$2K	10x	as long as short
Hyperliquid MELANIA	+0.0100%	1h	0.1065	+0.235%	$1.6M	$178K	3x	as long as short
Binance MELANIAUSDT	+0.0100%	4h	0.1066	+0.263%	$2.9M	$2.8M	75x	as long as short
Bybit MELANIAUSDT	+0.0100%	4h	0.1066	+0.254%	$1.4M	$588K	20x	as long as short
Gate MELANIA_USDTshort	+0.0100%	4h	0.1063	+0.056%	$415K	$67K	50x
MEXC MELANIA_USDT	+0.0100%	4h	0.1066	+0.263%	$1.2M	$134K	100x	as long as short
KuCoin MELANIAUSDTM	+0.0100%	4h	0.1064	+0.113%	$381K	$1.1M	30x	as long as short
Bitget MELANIAUSDT	+0.0100%	4h	0.1066	+0.339%	$946K	$180K	50x	as long as short
BingX MELANIA-USDT	+0.0100%	4h	0.1066	+0.282%	—	$1.5M	—	as long as short
Variational Omni MELANIA	+0.0100%	4h	0.1066	+0.291%	$110K	$1K	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aevo MELANIA-PERP	+0.0104%	1h	0.1065	+0.188%	$243K	—	3x	as long as short
BloFin MELANIA-USDT	+0.0108%	4h	0.1067	+0.395%	$198K	$5K	75x	as long as short
Aster MELANIAUSDTlong	+0.0249%	4h	0.1063	long leg	$21K	$14K	5x