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 0.000%
Price spread now: Binance against Gate+0.237%7-day average +0.165% · you sell dearer than you buy
Net, funding: paid 7d − costs−$126as in the Funding arb table
Net, price: spread back to 7d avg − costs−$126as in the Price arb table
costs, in and out, $10k−$1331.331% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.067%+$7 on $10k
Price spread, last 4 days (all we have)+0.001%$0 · spread now +0.237%, 7d avg +0.165%
Together, before fees+0.069%+$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: Binance is 0.072% dearer against Gate than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.165%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate MELANIA_USDT0.10980.0100pay 0.0050% / 4h1h 58m$422K$66K50x
ShortBinance MELANIAUSDT0.11010.0100get 0.0050% / 4h1h 58m$3.0M$3.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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: +0.237% → +0.165%
$7.16
Slippage, 4 orders
−$108.1
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Binance: 5 bp × 2 orders
−$10
Net
−$125.93
Costs to cover
1.331%
Break-even
never at this rate
Slippage from Gate: live order book, 2 min ago; Binance: live order book, 8 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 Gate live order book, 2 min ago22.29 bp38.1 bp −$389645.5 bp −$96.5Kdoesn't fitdoesn't fit
Sell Binance live order book, 8 min ago3.64 bp28.7 bp −$29101.7 bp −$1,017doesn'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%1h0.1101+0.273%$1.7M$205K3xas long as short
Binance MELANIAUSDTshort+0.0100%4h0.1101+0.237%$3.0M$3.1M75x
Bybit MELANIAUSDT+0.0100%4h0.1102+0.346%$1.5M$717K20xas long as short
Gate MELANIA_USDTlong+0.0100%4h0.1098long leg$422K$66K50x
MEXC MELANIA_USDT+0.0100%4h0.1102+0.346%$1.2M$135K100xas long as short
Bitget MELANIAUSDT+0.0100%4h0.1099+0.009%$966K$213K50xas long as short
BingX MELANIA-USDT+0.0100%4h0.1101+0.282%$1.5Mas long as short
Variational Omni MELANIA+0.0100%4h0.1102+0.324%$114K$340as long as short
Aevo MELANIA-PERP+0.0104%1h0.1100+0.146%$252K3xas long as short
KuCoin MELANIAUSDTM+0.0130%4h0.1101+0.237%$433K$1.3M30xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster MELANIAUSDT+0.0683%4h0.1100+0.173%$21K$15K5xas long as short
Kraken Futures PF_MELANIAUSD+0.1860%1h0.1103+0.409%$25K$3K10xas long as short