Funding arb · Price arb /

MELANIA

all MELANIA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Variational Omni against Binance+0.092%7-day average +0.035% · you sell dearer than you buy

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

Long on Binance Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)0.000%$0 on $10k

Price spread, last 4 days (all we have)+0.015%+$2 · spread now +0.092%, 7d avg +0.035%

Together, before fees+0.015%+ Points / potential airdropVariational Omni: Active · farm board+$2 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: Variational Omni is 0.056% dearer against Binance than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.035%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance MELANIAUSDT	0.1073	0.0100	pay 0.0050% / 4h	2h 27m	$2.9M	$3.4M	75x
Short	Variational Omni MELANIA	0.1074	0.0100	get 0.0050% / 4h	2h 27m	$111K	$672	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Variational OmnibpOrdersPrice spread, now +0.092%Rate

Funding earned: $0
Price spread: +0.092% → +0.035%: $5.62
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$4.38
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 9 min ago; Variational Omni: RFQ quote, 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 Binance live order book, 9 min ago	2.32 bp	29.8 bp −$30	129.0 bp −$1,290	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 22 min ago	13.67 bp	doesn't fit	223.2 bp −$2,232	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	+0.0046%	4h	0.1074	+0.047%	$192K	$5K	75x	as long as short
Hyperliquid MELANIA	+0.0100%	1h	0.1073	+0.028%	$1.6M	$222K	3x	as long as short
Binance MELANIAUSDTlong	+0.0100%	4h	0.1073	long leg	$2.9M	$3.4M	75x
Bybit MELANIAUSDT	+0.0100%	4h	0.1075	+0.205%	$1.5M	$844K	20x	as long as short
Gate MELANIA_USDT	+0.0100%	4h	0.1071	−0.196%	$391K	$114K	50x	as long as short
MEXC MELANIA_USDT	+0.0100%	4h	0.1073	+0.009%	$1.2M	$138K	100x	as long as short
KuCoin MELANIAUSDTM	+0.0100%	4h	0.1071	−0.196%	$404K	$1.8M	30x	as long as short
Bitget MELANIAUSDT	+0.0100%	4h	0.1074	+0.075%	$921K	$253K	50x	as long as short
BingX MELANIA-USDT	+0.0100%	4h	0.1074	+0.047%	—	$1.5M	—	as long as short
Variational Omni MELANIAshort	+0.0100%	4h	0.1074	+0.092%	$111K	$672	—

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aevo MELANIA-PERP	+0.0104%	1h	0.1075	+0.177%	$246K	—	3x	as long as short
Aster MELANIAUSDT	+0.0448%	4h	0.1072	−0.093%	$21K	$16K	5x	as long as short
Kraken Futures PF_MELANIAUSD	+0.1845%	1h	0.1072	−0.057%	$25K	$3K	10x	as long as short