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

MELANIA

all MELANIA markets
SwapBacktest
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: MEXC against BingX+0.046%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$960.965% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.002%$0 on $10k
Price spread, last 7 days−0.031%−$3 · spread now +0.046%, 7d avg −0.005%
Together, before fees−0.033%−$3 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 0.051% dearer against BingX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX MELANIA-USDT0.10910.0100pay 0.0050% / 4h39m 57s$1.5M
ShortMEXC MELANIA_USDT0.10920.0100get 0.0050% / 4h39m 57s$1.2M$135K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: +0.046% → −0.005%
$5.06
Slippage, 4 orders
−$82.48
Fee BingX: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$91.42
Costs to cover
0.965%
Break-even
never at this rate
Slippage from BingX: live order book, 7 min ago; MEXC: live order book, 1 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, 7 min ago6.40 bp22.9 bp −$23110.7 bp −$1,107525.9 bp −$52.6K730.1 bp −$365.1K
Sell MEXC live order book, 1 min ago2.74 bp24.3 bp −$2461.1 bp −$611128.4 bp −$12.8K272.8 bp −$136.4K

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
BloFin MELANIA-USDT+0.0081%4h0.1090−0.119%$198K$6K75xas long as short
Hyperliquid MELANIA+0.0100%1h0.1091+0.027%$1.7M$214K3xas long as short
Binance MELANIAUSDT+0.0100%4h0.1091+0.037%$3.0M$3.2M75xas long as short
Bybit MELANIAUSDT+0.0100%4h0.1093+0.156%$1.5M$775K20xas long as short
Gate MELANIA_USDT+0.0100%4h0.1090−0.092%$405K$96K50xas long as short
MEXC MELANIA_USDTshort+0.0100%4h0.1092+0.046%$1.2M$135K100x
Bitget MELANIAUSDT+0.0100%4h0.1091+0.009%$942K$231K50xas long as short
BingX MELANIA-USDTlong+0.0100%4h0.1091long leg$1.5M
Variational Omni MELANIA+0.0100%4h0.1092+0.114%$113K$672as long as short
Aevo MELANIA-PERP+0.0104%1h0.1094+0.240%$250K3xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin MELANIAUSDTM+0.0234%4h0.1091−0.009%$441K$1.5M30xas long as short
Aster MELANIAUSDT+0.0574%4h0.1091−0.018%$21K$15K5xas long as short
Kraken Futures PF_MELANIAUSD+0.1755%1h0.1092+0.101%$25K$3K10xas long as short