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: MEXC against Binance+0.028%7-day average +0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$122as in the Funding arb table

Net, price: spread back to 7d avg − costs−$119as in the Price arb table

costs, in and out, $10k−$1211.212% of the position

Long on Binance Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.004%$0 on $10k

Price spread, last 7 days−0.063%−$6 · spread now +0.028%, 7d avg +0.002%

Together, before fees−0.067%−$7 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 0.025% dearer against Binance than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance MELANIAUSDT	0.1090	0.0100	pay 0.0050% / 4h	41m 29s	$3.0M	$3.0M	75x
Short	MEXC MELANIA_USDT	0.1090	0.0100	get 0.0050% / 4h	41m 29s	$1.2M	$136K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.028%Rate

Funding earned: $0
Price spread: +0.028% → +0.002%: $2.51
Slippage, 4 orders: −$107.18
Fee Binance: 5 bp × 2 orders: −$10
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$118.67
Costs to cover: 1.212%
Break-even: never at this rate

Slippage from Binance: live order book, 9 min ago; MEXC: live order book, 5 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, 9 min ago	0.92 bp	35.8 bp −$36	133.9 bp −$1,339	doesn't fit	doesn't fit
Sell MEXC live order book, 5 min ago	1.84 bp	22.1 bp −$22	51.1 bp −$511	109.8 bp −$11.0K	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
Hyperliquid MELANIA	+0.0100%	1h	0.1089	−0.046%	$1.7M	$202K	3x	as long as short
Binance MELANIAUSDTlong	+0.0100%	4h	0.1090	long leg	$3.0M	$3.0M	75x
Bybit MELANIAUSDT	+0.0100%	4h	0.1090	+0.073%	$1.5M	$675K	20x	as long as short
Gate MELANIA_USDT	+0.0100%	4h	0.1087	−0.184%	$422K	$62K	50x	as long as short
MEXC MELANIA_USDTshort	+0.0100%	4h	0.1090	+0.028%	$1.2M	$136K	100x
KuCoin MELANIAUSDTM	+0.0100%	4h	0.1088	−0.138%	$401K	$970K	30x	as long as short
Bitget MELANIAUSDT	+0.0100%	4h	0.1090	0.000%	$965K	$216K	50x	as long as short
BingX MELANIA-USDT	+0.0100%	4h	0.1090	+0.064%	—	$1.5M	—	as long as short
Variational Omni MELANIA	+0.0100%	4h	0.1090	+0.056%	$113K	$590	—	as long as short
Aevo MELANIA-PERP	+0.0104%	1h	0.1090	+0.046%	$249K	—	3x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin MELANIA-USDT	+0.0147%	4h	0.1091	+0.156%	$196K	$6K	75x	as long as short
Aster MELANIAUSDT	+0.0648%	4h	0.1090	+0.038%	$21K	$16K	5x	as long as short
Kraken Futures PF_MELANIAUSD	+0.1979%	1h	0.1090	+0.010%	$25K	$3K	10x	as long as short