Funding arb · Price arb /

MELANIA

all MELANIA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%

Price spread now: KuCoin against BingX−0.027%7-day average −0.063% · you buy dearer than you sell

Net, funding: paid 7d − costs−$346as in the Funding arb table

Net, price: spread back to 7d avg − costs−$353as in the Price arb table

costs, in and out, $10k−$3573.567% of the position

Long on BingX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.107%+$11 on $10k

Price spread, last 7 days−0.061%−$6 · spread now −0.027%, 7d avg −0.063%

Together, before fees+0.045%+$5 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: KuCoin is 0.036% dearer against BingX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.063%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX MELANIA-USDT	0.1096	0.0100	pay 0.0050% / 4h	2h 37m	—	$1.5M	—
Short	KuCoin MELANIAUSDTM	0.1096	0.0100	get 0.0050% / 4h	2h 37m	$405K	$1.2M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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

Position, each leg$Hold fordaysFee BingXbpFee KuCoinbpOrdersPrice spread, now −0.027%Rate

Funding earned: $0
Price spread: −0.027% → −0.063%: $3.59
Slippage, 4 orders: −$334.68
Fee BingX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$353.09
Costs to cover: 3.567%
Break-even: never at this rate

Slippage from BingX: live order book, 9 min ago; KuCoin: live order book, 2 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 BingX live order book, 9 min ago	6.38 bp	31.0 bp −$31	123.5 bp −$1,235	492.1 bp −$49.2K	694.1 bp −$347.1K
Sell KuCoin live order book, 2 min ago	18.33 bp	168.7 bp −$169	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	+0.0049%	4h	0.1100	+0.310%	$199K	$6K	75x	as long as short
Hyperliquid MELANIA	+0.0100%	1h	0.1093	−0.274%	$1.7M	$207K	3x	as long as short
Binance MELANIAUSDT	+0.0100%	4h	0.1096	−0.009%	$3.0M	$3.1M	75x	as long as short
Bybit MELANIAUSDT	+0.0100%	4h	0.1096	−0.018%	$1.5M	$728K	20x	as long as short
Gate MELANIA_USDT	+0.0100%	4h	0.1095	−0.155%	$420K	$65K	50x	as long as short
MEXC MELANIA_USDT	+0.0100%	4h	0.1095	−0.109%	$1.2M	$136K	100x	as long as short
KuCoin MELANIAUSDTMshort	+0.0100%	4h	0.1096	−0.027%	$405K	$1.2M	30x
Bitget MELANIAUSDT	+0.0100%	4h	0.1096	−0.046%	$964K	$215K	50x	as long as short
BingX MELANIA-USDTlong	+0.0100%	4h	0.1096	long leg	—	$1.5M	—
Variational Omni MELANIA	+0.0100%	4h	0.1097	+0.053%	$114K	$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	0.1095	−0.119%	$250K	—	3x	as long as short
Aster MELANIAUSDT	+0.0726%	4h	0.1095	−0.158%	$21K	$15K	5x	as long as short
Kraken Futures PF_MELANIAUSD	+0.1506%	1h	0.1094	−0.200%	$25K	$3K	10x	as long as short