Settings8H · net · $10k
Funding arb · Price arb /

MELANIA

all MELANIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC0.0000%/8hnext payment +$0.00 per $10,000 · paid last 24h −0.001%
Price spread now: Bybit against BingX−0.038%7-day average −0.017% · you buy dearer than you sell
to open and close $10k−$105fees + slippage, both legs, in and out
costs, in % of the position1.048%what the two incomes have to cover
What this pair did over the last
the charts below follow
Funding, last 7 days−0.065%−$7 on $10k
Price spread, last 7 days−0.002%$0 · spread now −0.038%, 7d avg −0.017%
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: Bybit is 0.021% cheaper against BingX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.017%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX MELANIA-USDT0.10610.0100pay 0.0050% / 4h39m 17s$1.5M
ShortBybit MELANIAUSDT0.10610.0100get 0.0050% / 4h39m 17s$1.4M$563K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against BingX. 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
$0
Price spread: −0.038% → −0.017%
−$2.05
Slippage, 4 orders
−$83.8
Fee BingX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$106.85
Costs to cover
1.048%
Break-even
never at this rate
Slippage from BingX: live order book, 5 min ago; Bybit: live order book, 11 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 5 min ago4.24 bp29.3 bp −$29102.0 bp −$1,020413.8 bp −$41.4K630.3 bp −$315.1K
Sell Bybit live order book, 11 min ago2.36 bp27.6 bp −$28154.1 bp −$1,541doesn't fitdoesn't fit

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−0.1001%1h0.1057−0.343%$24K$2K10xas long as short
KuCoin MELANIAUSDTM+0.0090%4h0.1057−0.368%$379K$1.1M30xas long as short
Hyperliquid MELANIA+0.0100%1h0.1059−0.160%$1.6M$168K3xas long as short
Aster MELANIAUSDT+0.0100%4h0.1058−0.264%$21K$14K5xas long as short
Binance MELANIAUSDT+0.0100%4h0.1059−0.142%$2.9M$2.8M75xas long as short
Bybit MELANIAUSDTshort+0.0100%4h0.1061−0.038%$1.4M$563K20x
Gate MELANIA_USDT+0.0100%4h0.1058−0.236%$416K$65K50xas long as short
MEXC MELANIA_USDT+0.0100%4h0.1059−0.141%$1.2M$132K100xas long as short
Bitget MELANIAUSDT+0.0100%4h0.1057−0.320%$938K$179K50xas long as short
BingX MELANIA-USDTlong+0.0100%4h0.1061long leg$1.5M
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni MELANIA+0.0100%4h0.1062+0.072%$110K$1Kas long as short
Aevo MELANIA-PERP+0.0104%1h0.1060−0.054%$242K3xas long as short
BloFin MELANIA-USDT+0.0109%4h0.1059−0.160%$199K$5K75xas long as short