Funding arb · Price arb /

MELANIA

all MELANIA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%

Price spread now: Aevo against Bitget+0.174%7-day average −0.032% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,793as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,775as in the Price arb table

costs, in and out, $10k−$1,79517.952% of the position

Long on Bitget Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days+0.018%+$2 on $10k

Price spread, last 3 days (all we have)−0.395%−$40 · spread now +0.174%, 7d avg −0.032%

Together, before fees−0.378%−$38 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: Aevo is 0.206% dearer against Bitget than usual: you sell high and buy low, +$21 on $10k if it goes back to its 7-day average of −0.032%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget MELANIAUSDT	0.1093	0.0100	pay 0.0050% / 4h	3h 31m	$963K	$203K	50x
Short	Aevo MELANIA-PERP	0.1095	0.0104	get 0.0013% / 1h	31m 53s	$250K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Bitget. 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 BitgetbpFee AevobpOrdersPrice spread, now +0.174%Rate

Funding earned: $0.84
Price spread: +0.174% → −0.032%: $20.59
Slippage, 4 orders: −$1,767.2
Fee Bitget: 6 bp × 2 orders: −$12
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$1,773.77
Costs to cover: 17.952%
Break-even: 14788.4 days

Slippage from Bitget: live order book, 39 min ago; Aevo: live order book, 42 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 Bitget live order book, 39 min ago	7.35 bp	35.6 bp −$36	199.0 bp −$1,990	doesn't fit	doesn't fit
Sell Aevo live order book, 42 min ago	783.41 bp	840.5 bp −$841	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	+0.0087%	4h	0.1094	+0.055%	$196K	$6K	75x	as long as short
Hyperliquid MELANIA	+0.0100%	1h	0.1092	−0.064%	$1.7M	$198K	3x	as long as short
Binance MELANIAUSDT	+0.0100%	4h	0.1093	−0.003%	$3.0M	$3.0M	75x	as long as short
Bybit MELANIAUSDT	+0.0100%	4h	0.1094	+0.110%	$1.5M	$653K	20x	as long as short
Gate MELANIA_USDT	+0.0100%	4h	0.1091	−0.229%	$421K	$56K	50x	as long as short
MEXC MELANIA_USDT	+0.0100%	4h	0.1094	+0.073%	$1.2M	$136K	100x	as long as short
KuCoin MELANIAUSDTM	+0.0100%	4h	0.1093	−0.009%	$413K	$1.1M	30x	as long as short
Bitget MELANIAUSDTlong	+0.0100%	4h	0.1093	long leg	$963K	$203K	50x
BingX MELANIA-USDT	+0.0100%	4h	0.1094	+0.101%	—	$1.5M	—	as long as short
Variational Omni MELANIA	+0.0100%	4h	0.1093	−0.034%	$113K	$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-PERPshort	+0.0104%	1h	0.1095	+0.174%	$250K	—	3x
Aster MELANIAUSDT	+0.0682%	4h	0.1091	−0.197%	$21K	$16K	5x	as long as short
Kraken Futures PF_MELANIAUSD	+0.0972%	1h	0.1094	+0.070%	$25K	$3K	10x	as long as short