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: Variational Omni against BingX+0.187%7-day average +0.012% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.005%$0 on $10k
Price spread, last 4 days (all we have)+0.235%+$23 · spread now +0.187%, 7d avg +0.012%
Together, before fees+0.230%+ Points / potential airdropVariational Omni: Active · farm board+$23 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 0.175% dearer against BingX than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of +0.012%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX MELANIA-USDT0.11000.0100pay 0.0050% / 4h1h 57m$1.5M
ShortVariational Omni MELANIA0.11020.0100get 0.0050% / 4h1h 57m$114K$340

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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: +0.187% → +0.012%
$17.45
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$7.45
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: BingX: live order book, 4 min ago; Variational Omni: RFQ quote, 6 min ago. Net counts fees only.

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, 4 min ago6.82 bp28.6 bp −$29121.0 bp −$1,210551.7 bp −$55.2K766.0 bp −$383.0K
Sell Variational Omni RFQ quote, 6 min ago13.60 bpdoesn't fit167.8 bp −$1,678doesn't fitdoesn't fit

MELANIA on 12 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
Hyperliquid MELANIA+0.0100%1h0.1099−0.055%$1.7M$205K3xas long as short
Binance MELANIAUSDT+0.0100%4h0.1099−0.100%$3.0M$3.1M75xas long as short
Bybit MELANIAUSDT+0.0100%4h0.1099−0.045%$1.5M$717K20xas long as short
Gate MELANIA_USDT+0.0100%4h0.1099−0.127%$422K$66K50xas long as short
MEXC MELANIA_USDT+0.0100%4h0.1099−0.055%$1.2M$135K100xas long as short
Bitget MELANIAUSDT+0.0100%4h0.1099−0.127%$966K$213K50xas long as short
BingX MELANIA-USDTlong+0.0100%4h0.1100long leg$1.5M
Variational Omni MELANIAshort+0.0100%4h0.1102+0.187%$114K$340
Aevo MELANIA-PERP+0.0104%1h0.1100+0.009%$252K3xas long as short
KuCoin MELANIAUSDTM+0.0134%4h0.1100+0.009%$430K$1.3M30xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster MELANIAUSDT+0.0683%4h0.1100+0.036%$21K$15K5xas long as short
Kraken Futures PF_MELANIAUSD+0.1860%1h0.1103+0.272%$25K$3K10xas long as short