MELANIA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%

Price spread now: Aevo against Hyperliquid+0.121%7-day average +0.019% · you sell dearer than you buy

Net, funding: paid 7d − costs−$2,154as in the Funding arb table

Net, price: spread back to 7d avg − costs−$2,146as in the Price arb table

costs, in and out, $10k−$2,15621.562% of the position

Long on Hyperliquid Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days+0.020%+$2 on $10k

Price spread, last 4 days (all we have)−0.468%−$47 · spread now +0.121%, 7d avg +0.019%

Together, before fees−0.448%+ Points / potential airdropHyperliquid: Season 2 · farm board−$45 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 0.102% dearer against Hyperliquid than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.019%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid MELANIA	0.1092	0.0100	pay 0.0013% / 1h	40m 42s	$1.7M	$214K	3x
Short	Aevo MELANIA-PERP	0.1094	0.0104	get 0.0013% / 1h	40m 42s	$250K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Hyperliquid. 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 HyperliquidbpFee AevobpOrdersPrice spread, now +0.121%Rate

Funding earned: $0.84
Price spread: +0.121% → +0.019%: $10.19
Slippage, 4 orders: −$2,131.24
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$2,145.21
Costs to cover: 21.562%
Break-even: 17883.8 days

Slippage from Hyperliquid: live order book, 10 min ago; Aevo: live order book, 8 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 Hyperliquid live order book, 10 min ago	2.29 bp	18.5 bp −$19	doesn't fit	doesn't fit	doesn't fit
Sell Aevo live order book, 8 min ago	1031.39 bp	1075.4 bp −$1,075	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	+0.0081%	4h	0.1090	−0.229%	$198K	$6K	75x	as long as short
Hyperliquid MELANIAlong	+0.0100%	1h	0.1092	long leg	$1.7M	$214K	3x
Binance MELANIAUSDT	+0.0100%	4h	0.1093	+0.059%	$3.0M	$3.2M	75x	as long as short
Bybit MELANIAUSDT	+0.0100%	4h	0.1093	+0.037%	$1.5M	$775K	20x	as long as short
Gate MELANIA_USDT	+0.0100%	4h	0.1090	−0.211%	$405K	$96K	50x	as long as short
MEXC MELANIA_USDT	+0.0100%	4h	0.1093	+0.055%	$1.2M	$135K	100x	as long as short
Bitget MELANIAUSDT	+0.0100%	4h	0.1091	−0.101%	$942K	$231K	50x	as long as short
BingX MELANIA-USDT	+0.0100%	4h	0.1093	+0.101%	—	$1.5M	—	as long as short
Variational Omni MELANIA	+0.0100%	4h	0.1092	+0.004%	$113K	$672	—	as long as short
Aevo MELANIA-PERPshort	+0.0104%	1h	0.1094	+0.121%	$250K	—	3x

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin MELANIAUSDTM	+0.0234%	4h	0.1093	+0.064%	$442K	$1.5M	30x	as long as short
Aster MELANIAUSDT	+0.0574%	4h	0.1091	−0.128%	$21K	$15K	5x	as long as short
Kraken Futures PF_MELANIAUSD	+0.1756%	1h	0.1092	−0.036%	$25K	$3K	10x	as long as short