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

MELANIA

all MELANIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0036%/8h= +4.0% APRnext payment +$0.18 per $10,000 · paid last 24h +0.005%
Price spread now: BloFin against Gate+0.175%63s7-day average +0.173% · you sell dearer than you buy
Net, funding: paid 7d − costs−$138as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1451.445% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.061%+$6 on $10k
Price spread, last 4 days (all we have)−0.099%−$10 · spread now +0.175%, 7d avg +0.173%
Together, before fees−0.038%−$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.173%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate MELANIA_USDT0.10870.0100pay 0.0050% / 4h1h 46m$405K$121K50x
ShortBloFin MELANIA-USDT0.10890.0136get 0.0068% / 4h1h 46m$191K$5K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$7.63
Price spread: +0.175% → +0.173%
$0.13
Slippage, 4 orders
−$117.5
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$136.73
Costs to cover
1.445%
Break-even
132.4 days
Slippage from Gate: live order book, 59 min ago; BloFin: live order book, 29 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, 59 min ago24.71 bp41.2 bp −$41doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 29 min ago0.92 bp27.9 bp −$2871.4 bp −$714doesn't fitdoesn't fit

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
Hyperliquid MELANIA+0.0100%1h0.1088+0.083%$1.7M$224K3xas long as short
Binance MELANIAUSDT+0.0100%4h0.1088+0.090%$3.0M$3.4M75xas long as short
Bybit MELANIAUSDT+0.0100%4h0.1088+0.129%$1.5M$855K20xas long as short
Gate MELANIA_USDTlong+0.0100%4h0.1087long leg$405K$121K50x
MEXC MELANIA_USDT+0.0100%4h0.1088+0.129%$1.2M$137K100xas long as short
KuCoin MELANIAUSDTM+0.0100%4h0.10870.000%$409K$1.9M30xas long as short
Bitget MELANIAUSDT+0.0100%4h0.1089+0.147%$934K$242K50xas long as short
BingX MELANIA-USDT+0.0100%4h0.1089+0.184%$1.5Mas long as short
Variational Omni MELANIA+0.0100%4h0.1088+0.071%$113K$672as long as short
Aevo MELANIA-PERP+0.0104%1h0.1085−0.184%$248K3xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin MELANIA-USDTshort+0.0136%4h0.1089+0.175%$191K$5K75x
Aster MELANIAUSDT+0.0874%4h0.1088+0.138%$21K$17K5xas long as short
Kraken Futures PF_MELANIAUSD+0.1440%1h0.1088+0.059%$25K$3K10xas long as short