Funding arb · Price arb /

MELANIA

all MELANIA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Gate against Binance−0.146%7-day average −0.167% · you buy dearer than you sell

Net, funding: paid 7d − costs−$144as in the Funding arb table

Net, price: spread back to 7d avg − costs−$135as in the Price arb table

costs, in and out, $10k−$1371.373% of the position

Long on Binance Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.067%−$7 on $10k

Price spread, last 4 days (all we have)−0.116%−$12 · spread now −0.146%, 7d avg −0.167%

Together, before fees−0.183%−$18 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: Gate is 0.021% dearer against Binance than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.167%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance MELANIAUSDT	0.1085	0.0100	pay 0.0050% / 4h	21m 06s	$3.0M	$3.0M	75x
Short	Gate MELANIA_USDT	0.1084	0.0100	get 0.0050% / 4h	21m 06s	$421K	$62K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Binance. 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 BinancebpFee GatebpOrdersPrice spread, now −0.146%Rate

Funding earned: $0
Price spread: −0.146% → −0.167%: $2.07
Slippage, 4 orders: −$112.33
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$135.26
Costs to cover: 1.373%
Break-even: never at this rate

Slippage from Binance: live order book, 15 min ago; Gate: live order book, 54 min ago.

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 Binance live order book, 15 min ago	2.30 bp	30.1 bp −$30	151.4 bp −$1,514	doesn't fit	doesn't fit
Sell Gate live order book, 54 min ago	20.35 bp	39.0 bp −$39	doesn't fit	doesn't fit	doesn't fit

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
BloFin MELANIA-USDT	+0.0050%	4h	0.1086	+0.075%	$197K	$6K	75x	as long as short
Hyperliquid MELANIA	+0.0100%	1h	0.1086	+0.020%	$1.7M	$202K	3x	as long as short
Binance MELANIAUSDTlong	+0.0100%	4h	0.1085	long leg	$3.0M	$3.0M	75x
Bybit MELANIAUSDT	+0.0100%	4h	0.1088	+0.195%	$1.5M	$679K	20x	as long as short
Gate MELANIA_USDTshort	+0.0100%	4h	0.1084	−0.146%	$421K	$62K	50x
MEXC MELANIA_USDT	+0.0100%	4h	0.1085	−0.008%	$1.2M	$137K	100x	as long as short
KuCoin MELANIAUSDTM	+0.0100%	4h	0.1085	−0.045%	$394K	$1.0M	30x	as long as short
Bitget MELANIAUSDT	+0.0100%	4h	0.1084	−0.100%	$961K	$216K	50x	as long as short
BingX MELANIA-USDT	+0.0100%	4h	0.1088	+0.204%	—	$1.5M	—	as long as short
Variational Omni MELANIA	+0.0100%	4h	0.1086	+0.075%	$113K	$590	—	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	0.1083	−0.235%	$248K	—	3x	as long as short
Aster MELANIAUSDT	+0.0491%	4h	0.1084	−0.146%	$21K	$16K	5x	as long as short
Kraken Futures PF_MELANIAUSD	+0.1987%	1h	0.1085	−0.004%	$25K	$3K	10x	as long as short